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This study investigates the geographic effects on regional economic growth in China under market reforms. We develop a model for the regional growth pattern of the Chinese economy during the period, characterized by foreign direct investment (FDI) and mobilization of rural surplus labor. The FDI...
Persistent link: https://www.econbiz.de/10014075614
This study investigates the geographic effects on regional economic growth in China under market reforms. We develop a model for the regional growth pattern of the Chinese economy during the period, characterized by foreign direct investment (FDI) and mobilization of rural surplus labor. The FDI...
Persistent link: https://www.econbiz.de/10014103496
Many economists have attributed China's high growth to the implementation of the correct sequence of reforms. We reject this interpretation because it does not characterize the reform process correctly; it does not recognize adequately the interaction between reforms that sustains the progress...
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