China
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How do new firms shape regional economic growth in China?
Barriers to entry facing new firms are a major source of regional economic differences. Removing these barriers can play an important role in economic convergence and growth.
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Implementing industrial policy effectively: Lessons from shipbuilding in China
Industrial policy in China aimed to make the country’s shipbuilding industry a world leader. Comprehensive data on shipyards worldwide reveals the huge scale of this policy, which boosted China's domestic investment, entry, and world market share dramatically. However, it created sizable distortions and led to increased industry fragmentation and idleness.
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Learn, Move, Practice: Political rotation spread knowledge and industrial policy across China
The rotation of local political leaders across cities in China facilitates the interregional diffusion of industry-specific knowledge and influences the realisation of local comparative advantage on international markets, potentially through the practice of industrial policy and familiarity with specific export markets.
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Tertiarisation like China
China is currently undergoing a rapid process of tertiarisation. This structural change since 2005 has seen productivity increase faster in services than in the manufacturing sector, with both consumer and producer services exhibiting high productivity growth
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China’s rise reshaped global entrepreneurship and expanded the benefits of innovation
The rise of a new hub for innovation and entrepreneurship can have large, global benefits by broadening the focus of technology and hence who benefits from it.
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Improving land security enabled structural transformation in China
Insecure land property rights are an important constraint on migration, structural transformation, and productivity growth, as much as all other labour mobility barriers in China
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How do rural households in China adapt to extreme heat?
Cash savings and buffer stocks play a critical role in aiding rural households to cope with production losses caused by extreme heat
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High-speed rail: A catalyst for China’s export growth
Improved transportation networks can enable export expansion by promoting interaction between exporting firms, facilitating knowledge spillovers. Better integrated exporters also export more and export products of higher quality at a lower price.
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How new monitoring systems shaped China’s war on air pollution
The advanced air quality monitoring system in China has led to improvements in local air quality, but also prompted local governments to strategically prioritise areas near the monitors in order to meet pollution control targets. This localised response poses a new challenge for enforcement and interpreting pollution readings from ground monitors.