Zheng, Jinghai; Bigsten, Arne; Hu, Angang - Nationalekonomiska institutionen, Handelshögskolan - 2006
-time level effects on TFP. China now needs to adjust its reform program towards sustained increases in productivity. Market and …China’s unorthodox approach to economic transition has resulted in sustained high growth. However, in recent years … Chinese economists have increasingly referred to the growth pattern as “extensive”, generated mainly through the expansion of …