Growing Like China

By Zheng Song, Kjetil Storesletten, Fabrizio Zilibotti. 2011

1,664 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/62584594dc57154e38e2d8d86c4159d9ed3e6232

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Citations in the corpus

The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors? (2013, background): “Senate (2001). Many of the large global banks have subsidiaries with private wealth management activities in Hong Kong, the Cayman Islands, and so on.”
Productivity Growth and Capital Flows: The Dynamics of Reforms (2017, background): “(8)The latter point is the exact opposite of the role that the decline of the fully externally-financed stateowned enterprises plays in Song et al. (2011), which reduces the supply of assets in the domestic financial market and makes capital outflows more likely.”
China's Secondary Privatization: Perspectives from the Split-Share Structure Reform (2014, neutral): “Sun and Tong (2003) and Allen, Qian, and Qian (2005) state that speculation in the A-share market could be reflected in the extremely high stock return volatilities in the Chinese markets.”
The Cyclicality of Productivity Dispersion (2011, neutral): “This has been proposed in a number of papers: Stock and Watson (2002); Fisher (2006); Justiniano and Primiceri (2008); Sargent, Williams, and Zha (2006) to cite a few.”
The Great Housing Boom of China (2014, neutral): “cj,t + s E j,t = mt +Rs E j−1,t−1, for j < J E − 1 (37)”
A Model of China's State Capitalism (2015, positive): “Even the most recent literature has largely ignored the vertical structure featured in China s economy (see, e.g., Hsieh and Klenow (2009), Song et al. (2011), and Cao and Liu (2011)).13 Our paper emphasizes the vertical and complementary interaction between rms located in the upstream and…”
The Long Shadow of a Fiscal Expansion (2016, neutral): “In Song et al. (2011), 𝐾 = ∞ .”
Reserve requirements and optimal Chinese stabilization policy (2017, background): “The Chinese government provides explicit or implicit guarantees for loans to SOEs, creating an incentive for banks to prefer lending to SOEs, despite their lower average productivity than private firms (Song et al., 2011).”
Economic reforms and industrial policy in a panel of Chinese cities (2016, neutral): “In 1984, 14 coastal cities were 5For more detailed analyses of the economic growth of China before and after the start of economic reforms, see Cheremukhin et al. (2015), Song et al. (2011), and Storesletten and Zilibotti (2014).”
Offshoring and Directed Technical Change (2015, positive): “The intuition for this result is related to Song et al. (2011). The transitional dynamics enter their second phase when all low-productivity imitators have exited and wages in the East start growing again.”
The chinese saving rate: Long-term care risks, family insurance, and demographics (2018, neutral): “We de ne household saving rate as household income net of consumption as a share of household income.(50) As shown in Figure 7, the average household rate in China increased substantially since 1988, i.”