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The Chinese government has established policies to promote its industrial sectors and to develop coastal provinces since the late 1978. To investigate the extent and reason the output growth in China has been influenced by these policies, an error-component model is employed to decompose the...
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We distinguish four types of regional growth regimes based on the type of relationship between new business formation and economic development. The distinguishing characteristics of these regime types are analyzed in order to identify the reasons for different growth performance. Although growth...
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State business climate indexes capture state policies that might affect economic growth. State rankings in these indexes vary wildly, raising questions about what the indexes measure and which policies are important for growth. Indexes focused on productivity do not predict economic growth,...
Persistent link: https://www.econbiz.de/10013126214
State business climate indexes capture state policies that might affect economic growth. State rankings in these indexes vary wildly, raising questions about what the indexes measure and which policies are important for growth. Indexes focused on productivity do not predict economic growth,...
Persistent link: https://www.econbiz.de/10012461689
Economic transition and the case of China -- Non-state sectors policies, 1978 to the present -- Managing elite conflict and policy cycles -- Installing technocratic young leaders -- Selective and showcase liberalization -- Extending the open policy -- Provincial reform initiatives -- Divergent...
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