The intermittent institutional innovation and China's economic fluctuations: a calibrated model and a dynamic analysis

Purpose – China's economic transition is essentially the process of China's institutional changes. During the changes, the appearance of institutional innovation is not regular; instead, it is intermittent and random. The purpose of this paper is to show that the fitful appearance of insti...

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Bibliographic Details
Main Authors: Ninghua Sun, Lei Zeng
Format: Article
Language:English
Published: Emerald Publishing 2022-12-01
Series:China Political Economy
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/CPE-05-2022-0006/full/pdf