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China's march to prosperity : reforms to avoid the middle-income trap
Koen, Vincent; Herd, Richard; Hill, Sam - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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China's Economic Growth, Structural Change and the Lewisian Turning Point
Fukao, Kyoji; Yuan, Tangjun - Institute of Economic Research, Hitotsubashi University - 2012
In a country such as China, which maintains strict controls on foreign exchange and frequently intervenes in the currency market, it is not surprising that the local currency is persistently undervalued in nominal terms. Normally, one would expect such a policy of deliberate currency...
Persistent link: https://www.econbiz.de/10010614064
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China's Economic Growth, Structural Change and the Lewisian Turning Point
Fukao, Kyoji; Yuan, Tang jun - Center for Economic Institutions, Institute of Economic … - 2012
In a country such as China, which maintains strict controls on foreign exchange and frequently intervenes in the currency market, it is not surprising that the local currency is persistently undervalued in nominal terms. Normally, one would expect such a policy of deliberate currency...
Persistent link: https://www.econbiz.de/10010593236
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CHINA'S ECONOMIC GROWTH, STRUCTURAL CHANGE AND THE LEWISIAN TURNING POINT
FUKAO, KYOJI; YUAN, TANGJUN - In: Hitotsubashi Journal of Economics 53 (2012) 2, pp. 147-176
Constructing an open economy Lewisian growthmodel withth ree sectors, we analyze the relationship between economic growth and the level of absolute prices. We show that the absolute price level will not increase until the economy reaches the Lewisian turning point. In addition, we show that in...
Persistent link: https://www.econbiz.de/10010602089
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Effects of Intermediate Input Tariff Reduction on Innovations in China
Liu, Qing - 2017
Innovation plays a key role in economic growth. In this paper, we investigate the effects of intermediate input tariff reduction on the innovation activities of domestic firms. Input tariff reduction has two opposite effects on the innovation decision of a firm: it may promote innovation because...
Persistent link: https://www.econbiz.de/10012962632
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Structured Uncertainty : A Pilot Study on Innovation in China's Mobile Phone Handset Industry
Tang, Li - 2015
This paper explains why many small and medium-sized private high-technology Chinese manufacturing firms survive and …
Persistent link: https://www.econbiz.de/10013018100
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From Export to Innovation : Evidence from Chinese Listed Firms
Xue, Shuyu; Zhou, Sili - 2021
Will export affect corporate innovation? Using comprehensive data from 2002 to 2016, we find that Chinese firms file more patents in response to international demand. To establish causality, we explore exogenous shock in exchange rate policy in 2005, which converts from a fixed regime into a...
Persistent link: https://www.econbiz.de/10013244840
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Global Technology Leadership: The Case of China
Sharif, Naubahar - HKUST Institute for Emerging Market Studies (IEMS), … - 2015
. In this paper we argue that China is positioning itself to assume global leadership in technology within the coming few … decades. We identify three sources of competitive advantage for China’s ascent in the global technology stakes: its massive …€™s capacity to achieve global technology leadership, we survey the present state of affairs and assess its prospects for growth …
Persistent link: https://www.econbiz.de/10011266155
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Industrial Robots and Jobs Turnover : Evidence from Chinese Firm Level Data
Ren, Hao - 2018
China,and our findings have several policy implications.Firstly, our findings may help scholars to reassess technology …
Persistent link: https://www.econbiz.de/10012914768