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Using the dataset in a maximum of 187 countries for the period 1960-2014, I show that the size of tradable sectors is positively associated with economic growth. Empirical results illustrate that growth effects of the size of tradable sectors are significant and relatively higher in developing...
Persistent link: https://www.econbiz.de/10012908373
Using hand-collected data on the turnover of mayor and party secretary in 260 Chinese cities, we study the effect of political uncertainty on firm investment. We find that political uncertainty has a negative impact on firm investment. Our baseline results show that firm investment declines when...
Persistent link: https://www.econbiz.de/10012908508
China has played an increasingly important role in global aid. The literature finds that Chinese aid boosts economic growth and also has a deep social impact on residents in the recipient countries. However, the ways in which local residents are involved in Chinese projects and affected in such...
Persistent link: https://www.econbiz.de/10014091445