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http://hdl.handle.net/10419/54178
  

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dc.contributor.authorWu, Harry X.en_US
dc.date.accessioned2011-12-06en_US
dc.date.accessioned2011-12-15T13:20:19Z-
dc.date.available2011-12-15T13:20:19Z-
dc.date.issued2011en_US
dc.identifier.isbn978-92-9230-443-0en_US
dc.identifier.urihttp://hdl.handle.net/10419/54178-
dc.description.abstractThis study shows that China's post-1949 state-led industrialization has closely followed an underlying path that began in the late nineteenth century. It was initiated by pressing national defence needs and has since been motivated by the same and strong incentives for a faster catch-up with the West despite radical regime shifts. Government determined or influenced resource allocation benefited selected industries and hence nurtured vested interest groups connecting and integrating with the ruling elite, which have strengthened and sustained the path. This means that the path is inherently inefficient which is evidenced by a newly constructed dataset. Reform measures can only temporarily improve efficiency performance, but are unable to break the path in the absence of a genuine political democracy.en_US
dc.language.isoengen_US
dc.publisherWIDER Helsinkien_US
dc.relation.ispartofseriesWorking paper // World Institute for Development Economics Research 2011,76en_US
dc.subject.jelN15en_US
dc.subject.jelO14en_US
dc.subject.jelO47en_US
dc.subject.jelP21en_US
dc.subject.ddc330en_US
dc.subject.keywordgovernment engineered industrializationen_US
dc.subject.keywordpath dependenceen_US
dc.subject.keywordcentral planningen_US
dc.subject.keywordeconomic reformen_US
dc.subject.keywordefficiencyen_US
dc.titleRethinking China's path of industrializationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn678362572en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Working Papers, United Nations University (UNU)

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