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Open Door Policy and China's Rapid Growth

其他書名	Evidence from City-level Data
出版	National Bureau of Economic Research, 1993
URL	http://books.google.com.hk/books?id=wS-0AAAAIAAJ&hl=&source=gbs_api

註釋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.