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Why has China Grown So Fast? The Role of Physical and Human Capital Formation.

Abstract:

Cross-province growth regressions for China are estimated for the reform period. Two research questions are asked. Can the regressions help us to understand why China as a whole has grown so fast? What types of investment matter for China's growth? We address the problem of model uncertainty by adopting two approaches to model selection to consider a wide range of candidate predictors of growth. Starting from the baseline equation, the growth impact of physical and human capital is examined u...

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Files:
Publisher copy:
10.1111/j.1468-0084.2010.00625.x
Publisher:
Blackwell Publishing
Journal:
Oxford Bulletin of Economics and Statistics
Volume:
73
Issue:
2
Pages:
141 - 174
Publication date:
2011-01-01
DOI:
ISSN:
0305-9049
Language:
English
UUID:
uuid:b83ac96e-66cf-4979-8539-d4cc12e0632e
Local pid:
oai:economics.ouls.ox.ac.uk:15057
Deposit date:
2011-08-16

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