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suggests that eliminating these subsidies would result in a welfare gain for China comparable to that of halving its trade …
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The study is devoted to the measurement of productivity and efficiency change in Chinese farming sector over the reform process in the 1980s and 1990s. Within an output distance function framework, an index of total factor productivity is decomposed into technical and allocative efficiency,...
Persistent link: https://www.econbiz.de/10010300803
using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms …
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For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...
Persistent link: https://www.econbiz.de/10010303779
monetary model for China, in which we include also other monetary policy tools besides the central bank interest rate, namely … reserve requirement ratios and open market operations. Our results suggest China has been relatively successful in isolating … conclude that by employing capital controls and relying on other instruments than the interest rate China has been able to …
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Private and collective enterprises are expected to increase overall efficiency in transitional China, partly because …
Persistent link: https://www.econbiz.de/10010306809
We apply a direct approach to estimate domestic value added embedded in the People's Republic of China's (PRC) exports …
Persistent link: https://www.econbiz.de/10011310988