WebGrowing Like China. By Zheng Song, Kjetil Storesletten, and Fabrizio Zilibotti*. We construct a growth model consistent with China’s economic transition: high output growth, sustained returns on capital, reallo-cation within the manufacturing sector, and a large trade surplus. Entrepreneurial firms use more productive technologies, but due to ... Web8. Act in Ways That Reflect Chinese Realities. China is very different from the U.S., and we cannot be guided only by the understandable desire that it become more like us. We need to know as much as possible about what is going on inside China and be self-confident and realistic enough to focus on what is doable.
Growing Like China: Firm Performance and Global Production Line ... - NBER
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WebGrowing Like China: Firm Performance and Global Production Line Position. Davin Chor, Kalina Manova & Zhihong Yu. Working Paper 27795. DOI 10.3386/w27795. Issue Date September 2024. Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and … WebVoL. 101 no. 1 Song ETAL.: gRoWing LikE CHinA 197 neoclassical growth model predicts that the high investment rate would lead to a fall in the return to capital. An open … Web我两年前的论文《中国式增长》(Growing Like China)(最近发表于《美国经济评论》101期)是一个用新古典模型来重新解释中国经济一些重要特征的“故事”。它包含了中国 … butt crack meme