A5035709283- Global trade and economics
- Fiscal Policy and Economic Growth
- Economic Growth and Productivity
- Bullying, Victimization, and Aggression
- Labor market dynamics and wage inequality
- Monetary Policy and Economic Impact
- Education Discipline and Inequality
- School Choice and Performance
- Local Government Finance and Decentralization
- Firm Innovation and Growth
- Global Trade and Competitiveness
- Biotechnology and Related Fields
- Regional Economics and Spatial Analysis
- Pharmaceutical Economics and Policy
State Intellectual Property Office
2023
Hunan University
2017-2022
Abstract This paper examines the productivity effect of two categories core infrastructure investment in China, by matching a panel manufacturing firm‐level production data with province‐level data. Cross‐industry variation reliance using input–output table information is employed to address potential endogeneity issues. We find that firms an industry relies more heavily on experience higher growth from investment. On average, annual rate return China about 23% during 1998–2007.
China has experienced high-speed catch-up growth with an average annual rate of over 8% in per capita GDP the past four decades. Using accounting, Zhu (Understanding China’s growth: Past, present, and future. Journal Economics Perspectives, 26(4), 103–124) finds that total factor productivity (TFP) accounts for 77% during 1978–2007, argues TFP is mainly driven by resource reallocation due to market liberalization institutional reforms. This paper aims estimate aggregate applying three...
As a knowledge-intensive and promising strategic emerging industry, the biomedical industry has high entry thresholds, large R&D investment, long cycle, risk return. In all technical fields, highest dependence on intellectual property rights, protection of pharmaceutical rights by domestic foreign enterprises also runs through whole process drug research development. Extending patent period drugs as well forming strengthening fortresses requires network that surrounds to maximize value...
In this paper, we examine how the minimum wage affects firm productivity growth with a representative Chinese manufacturing data. Instrumental variable estimation is employed to deal potential endogeneity problem between and growth. We find that 1% increase in wage, rate on average decreases by 0.299%. Overall, variations have highly heterogeneous effect across regions, time ownerships. To continuous firms will use more capital intermediate input replace labor.