Description
Book SynopsisThis book contains four research papers that clarify the issues behind China's rapid economic growth, using empirical studies. The book makes two distinctive points. First, it elucidates the unique economic development of China from a different perspective than the "state capitalism" theory, based on empirical research on the Chinese economy and politics with the cooperation of leading scholars. Second, the book paints a total picture of China through an interdisciplinary analysis of economics, politics, and history.
Each chapter focuses on the political–economic context of China's rapid economic growth on the following basis. First, the authors analyze whether there is a clear difference in the labor distribution rate between state-owned and non-state-owned enterprises, using data from industrial enterprises. Second, they focus on Shenzhen as an innovation hub and examine sustainable innovation and its institutional context in China. Third, there is empirical clarification of questions by matching the databases of industrial enterprises and information on elected representatives of the Local People's Congress of Yangzhou City, Jiangsu Province. Finally, the authors focus on the competition by local governments to attract companies by auctioning land usage rights.
Table of ContentsIntroduction: The Future of U.S.-China Trade Frictions and the High-tech Cold War
Chap.1: Ownership Structures and Disparity in Labor Share of Chinese Industry Enterprises
Chap.2: Sustainability of Innovation in China: From the Perspective of Institutional Economics
Chap.3: Does Chinese Enterprises’ Political Capital Change Their Performance? Empirical Research Using Data from Yangzhou City’s People’s Congress and Industrial Enterprises
Chap. 4：Land Markets and Regional Government Rent Seeking Behavior
