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Article
Financial reforms and regional investment conflicts in China: A game-theoretic analysis
In the transition from a command to a market economy, macroeconomic stabilization poses a grave problem facing the reform governments. A distinct feature of China's economic fluctuations in the post-1979 perio...
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Article
Testing the Neoclassical Theory of Economic Growth: Evidence from Chinese Provinces
There has been renewed empirical work recently on testing the neoclassical model of economic growth using data on various groups of countries. But none of the cross-country regressions includes China, the larg...
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Article
Industrialisation and the Sustainability of China’s Agriculture*
The paper argues that the sustainable development of Chinese agriculture is constrained by the continuing adverse effects of the policy of industrialisation. This has resulted principally in an excessive loss ...
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Chapter
Markets, Human Capital and Inequality: Evidence from Rural China
Beginning in the 1980s, almost all of the socialist countries replaced their planned economies with economic systems that relied heavily on market forces to determine the production and allocation of goods and...
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The Puzzle of Firm Performance in China: An Institutional Explanation
China has achieved phenomenal economic growth in an institutional environment that defies conventional economic rationales. Researchers offer different theories to explain this puzzle. But so far, due to the l...
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Regional Competition, Fiscal Federalism, and Economic Structure: Evidence from China
Fiscal decentralization is an important element that fostered the success of China’s reforms towards a market economy. If economics is all about incentives, then understanding how fiscal reforms provided incen...
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Article
Determinants of turnover intentions among Chinese off farm migrants
This study examines the determinants of turnover intentions of off farm migrant workers, using data collected from China’s Jiangsu Province. Turnover intention is posited to be a function of demographic/human ...
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Article
The size of the SOE sector and macroeconomic performance: an empirical study based on Chinese provincial data
Using a neoclassical growth model augmented with human capital, we investigate the impact of the presence of state owned enterprises (SOEs) on macroeconomic performance in China, using provincial data from 199...
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Human Capital and Technological Spillovers from FDI in the Chinese Regions: A Threshold Approach
Openness is a well-known factor that facilitates the development of a country. Investment from developed to less developed countries are the major channel for realizing this process. Besides the direct effects...
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Component Trade and China’s Global Economic Integration
A symbol of China’s economic integration into the global economy is its progressive engagement in international commodity trade, with an increasing scale and intensity. From 1992 to 2005, the average growth ra...
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Chapter
The Changing Geography of Innovation Activities: What do Patents Indicators Imply?
Innovation in the global marketplace is at the core of the twenty-first century knowledge-based economy (Schumpeter, 1980: 66). Innovation is in itself a fuzzy concept and measuring it is more difficult (Godin...
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The Evolution of Domestic Trade Flows When Foreign Trade Is Liberalized: Evidence from the Chinese Maritime Customs Service
Little is known about the interaction between domestic and international trade because of the paucity of data on domestic trade. The opening of international trade may change, for example, the extent of domest...
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Article
Accumulation of large foreign reserves in China: a behavioural perspective
The massive accumulation of foreign reserves by China has challenged the conventional thinking about prudent reserve management. This paper develops a behavioural model of optimal decision making under uncerta...
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The Indian Growth Model: A Chinese Perspective
This paper attempts to provide an analysis of the Chinese perspective of the Indian economic growth model. It examines the leading papers and comments, mostly published in the past decade, by eminent Chinese s...
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Institutional Environment and Multinational Enterprises’ Post-Entry Choice: An Institutional Perspective
Despite using the international joint venture (IJV) as an important mode applied by multinational enterprises (MNEs) when entering emerging economies (Makino, Chan, Isobe and Beamish, 2007; Park and Ungson, 19...
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Transgenerational Succession and Financial Risk Taking of Family Firms: Evidence from China
Echoing an earlier version of family business definition provided by Barach and Ganitsky (1995), the seminal work by Chua et al. (1999) moves the family business literature into a new era as this study sheds l...
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Chapter
Learning from the Globalization of an Emerging Economy Firm: Are Current Internationalization Theories Relevant?
Classic theories of firm globalization, including the Uppsala Internationalization Model (Johanson and Vahlne, 1977) and the Eclectic Paradigm (Dunning, 1973), were developed using data from firms originating ...
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Article
Binary data, hierarchy of attributes, and multidimensional deprivation
Empirical estimation of multidimensional deprivation measures has gained momentum in the last few years. Several existing measures assume that deprivation dimensions are cardinally measurable, when, in many in...
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Article
Bootstrap-calibrated empirical likelihood confidence intervals for the difference between two Gini indexes
Measuring the difference between two Gini indexes is important in comparing the inequality between two groups. This paper systematically provides confidence intervals for this difference. First, normal approxi...
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Chapter
A Measure of the Spillover Effects Among Companies of Same Nationality in the Location Choice of FDIs
Foreign direct investments (FDIs) have grown rapidly with globalization. Despite the recent emergence of protectionism, this increase in FDIs will not reverse. Nonetheless, a recent article in The Economist predi...