Showing 1 - 10 of 27
The purpose of economic reform is to reduce distortions and enhance efficiency. However, when reforms are partial and incremental, individuals and local governments are often able to capture the rent inherent in the gradual transition process. Young (2000) warned that such rent-seeking behavior...
Persistent link: https://www.econbiz.de/10005836987
already visible, other influences are beginning to be felt – arising from China’s coordination, innovation and financing power. …
Persistent link: https://www.econbiz.de/10011257939
This paper analyzes the role of innovation activities in the export participation of Chinese high-tech firms during the … firm-level innovation efforts, measured by R&D and product innovation dummies, play only a minor role for domestic … exporters. Foreign-invested firms dominate the high-tech exports but do not rely on indigenous innovation activities. These …
Persistent link: https://www.econbiz.de/10009203610
Abstract Both Mexico and China have started export orientation in some industries, through assembly operations, based on imported inputs a couple of decades ago. The literature on industrialization, has discussed the questions of import substitutions and outward-orientation mainly as alternative...
Persistent link: https://www.econbiz.de/10005836937
This paper analyzes the impact of Research and Development (R&D) on the productivity of China's high technology industry. In order to capture important differences in the effect of R&D on output that arise from geographic and socioeconomic differences across three major regions in China, we use...
Persistent link: https://www.econbiz.de/10009216349
This paper estimates the economic returns to education in China from 1989 to 2009, using the China Health and Nutrition Survey (CHNS) dataset. We find that education returns for one additional year generally increase from 2.6% in 1989 to 7.9% in 2009. Education returns, however, may reflect...
Persistent link: https://www.econbiz.de/10011258797
In poco più di venti anni dall’inizio dei processi di riforma del sistema distributivo, la struttura della distribuzione commerciale in Cina è cambiata radicalmente. Questo articolo descrive le principali caratteristiche del sistema della distribuzione al dettaglio e all'ingrosso di beni in...
Persistent link: https://www.econbiz.de/10011113359
This paper investigates whether exporting firms pay average higher wages than non-exporting firms by analyzing a large sample of Chinese manufacturing firms in 2004. Through rigorous exercises involving robust regressions, quantile regressions and nonparametric matching estimators, we find that...
Persistent link: https://www.econbiz.de/10009203607
underlying inventions – i.e., their ability to be transformed into something useful and thus constitute innovation. And this is …-think these approaches as ways to stimulate innovation in China. …
Persistent link: https://www.econbiz.de/10011258904
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541