Levels of structural change: An analysis of China’s development push 1998-2014

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	Levels of structural change: An analysis of China’s development push 1998-2014
	Torsten Heinrich; Jangho Yang and Shuanping Dai
	2020-05-04
出版年	2020
国家	英国
领域	地球科学 ; 资源环境
英文摘要	We investigate structural change in the PR China during a period of particularly rapid growth 1998-2014. For this, we utilize sectoral data from the World Input-Output Database and firm-level data from the Chinese Industrial Enterprise Database. Starting with correlation laws known from the literature (Fabricant’s laws), we investigate which empirical regularities hold at the sectoral level and show that many of these correlations cannot be recovered at the firm level. For a more detailed analysis, we propose a multi-level framework, which is validated with empirically. For this, we perform a robust regression, since various input variables at the firm-level as well as the residuals of exploratory OLS regressions are found to be heavy-tailed. We conclude that Fabricant’s laws and other regularities are primarily characteristics of the sectoral level which rely on aspects like infrastructure, technology level, innovation capabilities, and the knowledge base of the relevant labor force. We illustrate our analysis by showing the development of some of the larger sectors in detail and offer some policy implications in the context of development economics, evolutionary economics, and industrial organization.
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来源平台	Oxford Martin School, University of Oxford
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/270742
专题	地球科学资源环境科学
推荐引用方式 GB/T 7714	Torsten Heinrich,Jangho Yang and Shuanping Dai. Levels of structural change: An analysis of China’s development push 1998-2014,2020.