Hallward-Driemeier, Mary; Wallsten, Scott; Xu, Lixin Colin - In: The Economics of Transition 14 (2006) 4, pp. 629-647
The importance of a country's 'investment climate' for economic growth has recently received much attention. In this paper we use a new survey of 1,500 Chinese enterprises in five cities to measure more precisely components of the investment climate and their effects on firm performance. Our...