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This paper investigates the effect of market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income distribution which is exogenous to changes in prices and...
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, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … Ongoing Evolution of Payment Instruments in China: A Case Study in Financial Innovation and on the Role of the Central Bank …
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