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005 | 20240417103945.0 | ||
008 | 240417b |||||||| |||| 00| 0 eng d | ||
022 | _a09670750 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | 0 | 0 | _aHC244 ECO |
100 | 1 |
_aHallward-Driemeier, Mary _eauthor |
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245 | 1 | 0 |
_aOwnership, investment climate and firm performance: _bevidence from Chinese firms _ccreated by Mary Hallward-Driemeier, Scott Wallsten and Lixin Colin Xu |
264 | 1 |
_aOxford: _bBlackwell Publishing, _c2006. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aEconomics of transition _vVolume 14, number 4 |
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520 | 3 | _aThe importance of a country's 'investment climate' for economic growth has recently received much attention. In this paper we use a new survey of 1,500 Chinese enterprises in five cities to measure more precisely components of the investment climate and their effects on firm performance. Our firm-level analysis reveals that both ownership and investment climate measures matter for investment, productivity and growth. In particular, firm performance is positively correlated with foreign and domestic private ownership, light regulatory burdens, limited corruption, technological infrastructure and labour market flexibility. In contrast, gains from improving banking access and physical infrastructure are quite limited. | |
650 |
_aInvestment climate _vEconomic growth _xInvestment _zChina |
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700 | 1 |
_aWallsten, Scott J. _eco author |
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700 | 1 |
_aXu, Lixin Colin _eco author |
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856 | _uhttps://doi.org/10.1111/j.1468-0351.2006.00267.x | ||
942 |
_2lcc _cJA |
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_c164928 _d164928 |