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The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
Persistent link: https://www.econbiz.de/10014456599
necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic …
Persistent link: https://www.econbiz.de/10003387699
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb--Douglas production functions …
Persistent link: https://www.econbiz.de/10012196405
We analyze and compare the patterns of economic growth and development in the Japan, the People’s Republic of China …
Persistent link: https://www.econbiz.de/10013249935
We analyze and compare the patterns of economic growth and development in the Japan, the People's Republic of China …
Persistent link: https://www.econbiz.de/10012301178
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …
Persistent link: https://www.econbiz.de/10012206280
the government set up to shape the business environment of private firms. Focusing on China during its crucial two decades … educated, with more diverse sectoral experiences. Market competition increased over time, especially after China's World Trade …
Persistent link: https://www.econbiz.de/10013429120