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This paper looks at the development and transformation of the People's Republic of China (PRC)'s financial system since the start of economic and financial reforms in 1978. It describes how despite the rapid development of capital markets since the 1990s, the PRC's financial system continues to...
Persistent link: https://www.econbiz.de/10011944209
This paper looks at the development and transformation of the People's Republic of China (PRC)'s financial system since the start of economic and financial reforms in 1978. It describes how despite the rapid development of capital markets since the 1990s, the PRC's financial system continues to...
Persistent link: https://www.econbiz.de/10011811858
Distortions in capital markets can create financial constraints that deter firms from pursuing optimal investment plans. This paper explores how much these constraints affect investment by ownership type in China, using a panel data model estimated with observations on listed firms for the...
Persistent link: https://www.econbiz.de/10013489728
the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of … with considerable impacts of exports to EDE and AdE, exports to China have limited effects on the growth of its partners …. However, the recent financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012120814
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10010269571
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012211625
We contribute to the role of telecommunications infrastructure on economic growth in three ways. We separately examine … growth. We find that mobile services contribute much more to growth but that the effect diminishes as the provincial economy …
Persistent link: https://www.econbiz.de/10010397831
We contribute to the role of telecommunications infrastructure on economic growth in three ways. We separately examine … growth. We find that mobile services contribute much more to growth but that the effect diminishes as the provincial economy …
Persistent link: https://www.econbiz.de/10010399528
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China’s role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012209723
the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of … with considerable impacts of exports to EDE and AdE, exports to China have limited effects on the growth of its partners …. However, the recent financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012120434