Showing 1 - 10 of 1,095
Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...
Persistent link: https://www.econbiz.de/10011444894
Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development — PRC...
Persistent link: https://www.econbiz.de/10012995197
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
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
This paper empirically studies the roles of productivity and other factors such as globalization and financial constraints in shaping the innovation-related activities of Chinese firms between 2005 and 2007, in a context of quickly developing economy. Our empirical analysis based on firm-level...
Persistent link: https://www.econbiz.de/10014078760
Technology transfer from foreign firms has been important to economic growth in developing countries. To spur technology transfer, emerging market policymakers often mandate joint ventures (JVs) between foreign and domestic firms. Through knowledge spillovers, JVs should reduce the cost of...
Persistent link: https://www.econbiz.de/10012989022
China has achieved hyper economic growth in the past three decades. The achievement, though spectacular, is nothing incomprehensible to modern economic theories. A number of characteristic factors, short-term or long-term, have been favorable to fast growth. The market-oriented reforms that...
Persistent link: https://www.econbiz.de/10010944983
This research examines the determinants of entrepreneurship in the initial transition from agriculture to industrial production and the subsequent transition to higher value exporting in China. Using data covering the universe of registered firms over the 1994-2009 period, we find that...
Persistent link: https://www.econbiz.de/10014322864
The welfare gains of economic growth hinge on the ability of households to insure consumption against the risks associated with growth. We exploit a novel and unique opportunity to study this question using China, an economy that has witnessed enormous and sustained growth and for which we build...
Persistent link: https://www.econbiz.de/10013005777
In the context of Industry 4.0, advancements in computer technology and the digital revolution have profoundly impacted global economic growth. As digitalization assumes an increasingly critical role, this study innovatively integrates digital capital as a fundamental input, alongside labor and...
Persistent link: https://www.econbiz.de/10015177153