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affected its long-run innovation. Focusing on 156 major industrial projects aided by the Soviet Union, combined with an … programs for long-run innovation due to firms adopting incentive-incompatible management technology. …
Persistent link: https://www.econbiz.de/10012617529
affected its long-run innovation. Focusing on 156 major industrial projects aided by the Soviet Union, combined with an … programs for long-run innovation due to firms adopting incentive-incompatible management technology. …
Persistent link: https://www.econbiz.de/10012619729
in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … the diverse resources available to it for creating an innovation-based economy. It describes how China has over the past …, optimistic scenario argues that China can build ever-stronger innovation capability and become a high-income nation. The second …
Persistent link: https://www.econbiz.de/10012997380
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …, and account for 15% - 20% of the variance in firms' growth rates. The direct relation between profitability and firm …
Persistent link: https://www.econbiz.de/10010500809
This paper examines the dynamic relationship among cash flow, R&D investment and profitability. Previous empirical studies have not considered the dynamics of this relationship, the endogeneity problem and causality factors. To overcome these econometric problems simultaneously, I build a panel...
Persistent link: https://www.econbiz.de/10012915686
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …, and account for 15%-20% of the variance in firms' growth rates. The direct relation between profitability and firm growth …
Persistent link: https://www.econbiz.de/10013022882
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …, and account for 15%-20% of the variance in firms' growth rates. The direct relation between profitability and firm growth …
Persistent link: https://www.econbiz.de/10011715817
analytical framework that combines the environmental literature with modern endogenous growth theories, the results indicate that …
Persistent link: https://www.econbiz.de/10005837466
China has experienced a period of tremendous economic growth in recent years. In an attempt to explain this development …, several existing growth-accounting studies reveal that impressively high rates of productivity growth have been at the heart …
Persistent link: https://www.econbiz.de/10010320976
China has experienced a period of tremendous economic growth in recent years. In an attempt to explain this development …, several existing growth-accounting studies reveal that impressively high rates of productivity growth have been at the heart …
Persistent link: https://www.econbiz.de/10005225519