Open Door Policy and China's Rapid Growth: Evidence from City-level Data

Shang-Jin Wei

No 4602, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: There is clear evidence that during 1980-90 more exports are positively associated with higher growth rates across Chinese cities. In comparison, in the late 1980s, the contribution to growth comes mainly from foreign investment. The contribution of foreign investment comes in the form of technological and managerial spillover across firms as opposed to an infusion of new capital. Finally, there is nothing magical about the high growth rates of Chinese coastal areas other than their effective utilization of foreign investment and exports.

JEL-codes: F00 P21 (search for similar items in EconPapers)
Date: 1993-12
Note: ITI
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Citations: View citations in EconPapers (23)

Published as Growth Theories in Light of the East Asian Experience, Takatoshi Ito and Anne O. Krueger, eds., (Chicago: University of Chicago Press: 1995), pp 73-98.
Published as The Open Door Policy and China's Rapid Growth: Evidence from City-Level Data , Shang-Jin Wei. in Growth Theories in Light of the East Asian Experience , Ito and Krueger. 1995

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Chapter: The Open Door Policy and China's Rapid Growth: Evidence from City-Level Data (1995)
Working Paper: Open door policy and China's rapid growth: evidence from city-level data (1993)
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