We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...

Full-text of this article is not available in this e-prints service. This article was originally published [following peer-review] in Journal of Fashion Marketing and Management, published by and copyright Emerald.