The impact of credit control and interest rate regulation on the transforming Chinese economy: an analysis of long-run effects.

After identifying the two major institutional features of the Chinese economy, i.e., the coexistence of state-owned enterprises and private firms and tight governmental control over the financial sector, we incorporate these features into an endogenous growth model to investigate the long-run impact...

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Bibliographic Details

Published in:	Journal of Comparative Economics Vol. 28; no. 2; pp. 293 - 321
Main Authors:	Fung, Michael Ka-Yiu, Ho, Wai-Ming, Zhu, Lijing
Format:	Article
Published:	Academic Press Inc. June 2000
Subjects:	Resource allocation > Mathematical models Production functions (Economic theory) Credit control Mathematical models Monetary policy Government securities Rate of return Overlapping generations model (Economics) Savings Mixed economy China
Online Access:	View this record in EBSCOhost