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Project

Chinese Economic Growth Initiative

Faculty Director

Chang-Tai Hsieh

Description

China is a vast country that has changed rapidly over the past four decades. The Chinese Economic Growth Initiative will conduct ground-breaking research to provide a better understanding of the factors driving China’s extraordinary economic expansion. A second objective of this Initiative will be access for Chinese and US researchers to reliable data about the impacts of its institutional structures on economic growth.

To facilitate this work, the BFI, the Chinese University of Hong Kong, and Tsinghua University have formed a collaborative research project to explore the role of various institutions in China’s economic growth model. This collaboration will leverage a unique combination of Chinese administrative and commercial data to produce rigorous, world-class research.

Key questions this Initiative will explore include:

  1. What are the costs and benefits of the current system?
  2. How could the institutional foundation of the China Model impact long-run business growth?
  3. How can current institutions at the state and local levels work better in terms of economic efficiency?

“This partnership will include collaborations with both the Chinese government and the private sector to develop a systematic approach for analyzing real-time data from multiple sources. The goal is to improve the measurement of China’s current economic status, which will hopefully make the Chinese economy more transparent.”

Chang-Tai Hsieh

Content

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Associated Working Papers

BFI Working Paper • Oct 16, 2019

Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China

Chang-Tai Hsieh, Zheng (Michael) Song
Topics:  Uncategorized
View Working Paper
BFI Working Paper • Oct 16, 2019

The Return to Capital in China

Chong-En Bai, Chang-Tai Hsieh, Yingyi Qian
Topics:  Uncategorized
View Working Paper
BFI Working Paper • May 20, 2019

Special Deals with Chinese Characteristics

Chang-Tai Hsieh, Chong-En Bai, Zheng Michael Song
Topics:  Monetary Policy
View Working Paper
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