Cerdeiro, Diego A.; Ruane, Cian - 2022
explaining China's sluggish TFP growth and that SOE reform could boost productivity growth indirectly by stimulating business …After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to … analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China …