Cover -- Content -- List of Illustrations -- List of Abbreviations -- Preface -- Acknowledgements -- Chapter One Another Freedom at Midnight -- Chapter Two At the End of a Long Journey -- Chapter Three Insights from the Travails of Other Pioneers -- Chapter Four Overcoming Hurdles and Challenges...

"We explore the impact of a tax reform in some provinces of China which eliminated the value-added tax on some investment goods. While the goal of the experiment was to encourage upgrading of technology, our results suggest that there was no evident increase overall in fixed investment, and...