This article reveals interesting insights into the effects and mechanisms of achievement rank when it becomes salient to students and their parents.
We investigate the relationship between the allocation of government subsidies and total factor productivity for Chinese listed firms.
It’s not just about jobs. It’s also about love, status, and the marriage market.
This paper studies the impact of foreign direct investment (FDI) on domestic firms’ innovation in China. Using firm level patent application records that cover all manufacturing firms with annual sales above 5M Yuan from 1998 to 2007, our results show that both the quantity and quality of domestic firms’ innovation benefit from FDI. In addition to the traditional spillover effect from FDI in the same industry, the paper emphasizes the importance of knowledge spillover...
China’s New Rural Pension Scheme unexpectedly lowered the high cost of migration by freeing younger workers from household duties – boosting migration, wages, household welfare, and even national GDP.