Purpose The development economics of large countries is a subject that studies how large developing countries evolve into developed countries through industrialization and structural transformation. By looking into the economic development of large developing countries in a systematic way, the...

This book explores key questions concerning the reasons for China’s economic miracle and the rise of BRICs. It develops the concept of the Comprehensive Advantages of Large Countries (CAOLCs) and reveals the formation mechanism of CAOLCs. By analyzing the rapid rise of BRICs and the large...

1. Introduction -- 2. Analysis of Dynamic Mechanism of Economic Growth in Large Developed Countries -- 3. Assessment of the Quality of Economic Growth in Brics Countries -- 4. Economic Growth and Transformation Path of the Brics Countries -- 5. Shared Growth of Foreign Trade of the Brics...

This study investigates the influencing mechanism of market size on firms’ technological innovation using a dynamic model with firm heterogeneity and industrial policy distortion. Using micro-data on Chinese automobile enterprises, we find that the market size affects firms’ technological...

Recently, Maccheroni et al. [Maccheroni, F., Marinacci, M., 2005. A strong law of large numbers for capacities. Ann. Probab. 33, 1171–1178] have provided an extension of the strong law of large numbers of i.i.d random variables for capacities. In this paper, we formulate new versions of the...