While China has seen rapid economic growth over the last three decades, many studies document a negative correlation between traditional measurements of banking development and economic growth in China. Among many efforts to explain the low efficiency of Chinese banking sector, two arguments focus on the dominance of the four big state-owned banks but they emphasize different facets of the “Big...

The research community on complex networks has developed techniques of analysis and algorithms that can be used by the SAT community to improve our knowledge about the structure of industrial SAT instances. It is often argued that modern SAT solvers are able to exploit this hidden structure, without a precise definition of this notion. In this paper, we show that most industrial SAT instances h...

The analyses by the first ranked economists show that the economical growth of the countries that import oil or non-oil developing countries (NODCs) depends on the economical growth of the industrial countries. “Goldstein” & “Khan” by means of a long & complete verification show the dependence of the economical growth and “Callier” also claims this fact that the economical growth of the countri...

and air forces reorganized for “more rapidly responsive, scalable, modular task-organized units, capable of independent combat action as well as integration into larger joint and combined operations” sometime after 2006. How the bureaucratic politics of service-centric operational thinking and single-service modernization will produce this outcome is unclear. This statement also begs the questi...

This paper represents a rst attempt to devise a theoretical economic mechanism to explain the data on the distribution of rms and production across highand low-tech sectors. It builds a model of endogenous directed technical change that merges the expanding-variety with the quality-ladders mechanism, and explores the complementarity between them within a labequipment speci cation and under dist...

In a small open economy with heterogeneous firms, in which tariffs determine the mass of active firms, free trade optimality depends positively on the level of firm heterogeneity and negatively on transportation/adoption costs. The benefits from temporary protection depend on the level of backwardness: for a given mass of backward firms, the relative gains from protection increase with their qu...

In order to solve the problem of unbalanced industrial development, promote industrial structure optimization and guide the orderly transfer of industries, Guangdong Province issued Decision on Promoting Industry Transfer and Labor Force Transfer and a series of other supporting policies. This article aims to analyze the framework, practical significance and effect of industrial transfer and la...

We consider a general equilibrium model a la Bhaskar (Review of Economic Studies 2002): there are complementarities across sectors, each of which comprise (many) heterogenous monopolistically competitive …rms. Bhaskar’s model is extended in two directions: production requires capital, and labour markets are segmented. Labour market segmentation models the di¢ culties of labour migrating across ...

Theories featuring multiple equilibria are now widespread across many fields of economics. Yet little empirical work has asked if such multiple equilibria are salient features of real economies. We examine this in the context of the Allied bombing of Japanese cities and industries in WWII. We develop a new empirical test for multiple equilibria and apply it to data for 114 Japanese cities in ei...

health problem in China. The recently transformed industrial structure and expansion of the industrial labor force, accompanying the rapid industrialization and economic growth, pose both tremendous challenges and opportunities for occupational health policy and research. New occupational health problems are emerging, while the traditional occupational lung disease continued to occur. Simultane...