Whether the People's Republic of China's (PRC) economic slowdown since the 2008 financial crisis is a cyclical downturn or a long-run trend has important policy implications. Based on provincial panel data, this article identifies the determinants of productivity and uses counter-factual...

Introduction -- Acknowledgements -- China's growth potential to 2050 : a supply-side forecast based on cross-country productivity convergence and its featured labor force -- Is China's current slowdown a cyclical downturn or a long-run trend : a productivity-based analysis -- Policy implications...

Whether the People's Republic of China's (PRC) economic slowdown since the 2008 financial crisis is a cyclical downturn or a long-run trend has important policy implications. Based on provincial panel data, this article identifies the determinants of productivity and uses counter-factual...

China's economic growth over the past three decades is unprecedented. Although this growth is commonly attributed to a high domestic savings rate among “thrifty” Chinese, savings alone cannot promote economic growth unless productivity has continuously grown for such a long period. This...

This paper uses macro-level data between 1997 and 2008 to evaluate the effects of China's pharmaceutical price regulations. We find that these regulations had short-run effects on medicine price indices, reducing them by less than 0.5 percentage points. The effects could have been slightly...

Subjective performance evaluation is widely used by firms and governments to provide work incentives. However, delegating evaluation power to senior leadership could induce influence activities: agents might devote much efforts to please their supervisors, rather than focusing on productive...

1. China's growth potential to 2050 : a supply-side forecast based on cross-country productivity convergence and its featured labor force -- 2. Is China's current slowdown a cyclical downturn or a long-run trend? : A productivity-based analysis -- 3. Policy implications.

Linear and/or quadratic discriminant analysis (based on finite Gaussian mixture) is one of the most useful classification methods, for which the problem of variable selection is poorly understood. To fill this important theoretical gap, a novel BIC-type selection criterion in conjunction with a...

Between 1950 and 1980, China experienced the most rapid sustained increase in life expectancy in documented global history. However, no study of which we are aware has quantitatively assessed the relative importance of the various explanations proposed for these gains in survival. We have...

Whether the People's Republic of China's (PRC) economic slowdown since the 2008 financial crisis is a cyclical downturn or a long-run trend has important policy implications. Based on provincial panel data, this article identifies the determinants of productivity and uses counter-factual...