Amidst all the hoopla about China's
rise, it is useful to remember that China is a developing
country whose transition to a market economy is not yet
complete, with institution building still underway. The
uneven pace of progress is reflected in the state of its
public sector, but in some respects, China s public sector
looks formidable. Most often mentioned is the government s
treasure chest of US$3 trillion in foreign reserves. Even
Résultats de la recherche
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Library Resourcefévrier, 2014Chine
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Library Resourcefévrier, 2014Chine
This paper uses data from a large survey
of Chinese firms to investigate whether local government
efforts to facilitate market development improve firm
efficiency. Both government provision of information about
products, markets, and innovation and government assistance
in arranging loans are positively associated with firm
efficiency. Those private firms with weak access to and
knowledge of financial, input, and product markets benefit
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