Sun, Sizhong (2013) Patterns of industrial dynamics in the manufacturing sector. In: Wu, Yanrui, (ed.) Regional Development and Economic Growth in China. Series on Economic Development and Growth, 7 . World Scientific Publishing, Singapore, pp. 161-187.

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Abstract

This chapter investigates the industrial dynamics in Chinese manufacturing sector, where we find two common properties that also hold in many previous studies, namely the Gibrat's Law and a typical tent shape of growth rate distribution. We further connect the growth rate distribution with the average firm size in a sector and the industrial policy regime shift that occurred in China in 2006. A 'big sector effect' and 'policy regime shift effect' are found, where bigger sectors tend to have growth rate distributions with a fatter tail but smaller dispersion and the policy regime shift also exerts similar impact.

Item ID:	26194
Item Type:	Book Chapter (Research - B1)
ISBN:	978-981-4439-85-5
ISSN:	1793-3668
Date Deposited:	22 Jul 2013 06:16
FoR Codes:	14 ECONOMICS > 1402 Applied Economics > 140209 Industry Economics and Industrial Organisation @ 100%
SEO Codes:	91 ECONOMIC FRAMEWORK > 9102 Microeconomics > 910204 Industry Costs and Structure @ 50% 91 ECONOMIC FRAMEWORK > 9102 Microeconomics > 910203 Industrial Organisations @ 50%
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