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The Role of the State in China's Industrial Development: A Reassessment

Author

Listed:
  • Alberto Gabriele

    (UNCTAD, Palais des Nations, Room 8063, 8–14, Av. de la Paix 1211 Geneva 10, Switzerland.)

Abstract

This paper focuses on China's industrial sector, utilizing both qualitative and quantitative evidence. We show the role of the state in China, far from withering out, is massive, dominant, and crucial to China's industrial development. State-owned and state-holding enterprises are now less numerous, but much larger, more capital- and knowledge-intensive, more productive and more profitable than in the late 1990s. The dominant role of the state in China's industrial development is not necessarily a transitional feature. In the long run, it might consolidate itself as a form of strategic planning, and as a key structural characteristic of market socialism.

Suggested Citation

  • Alberto Gabriele, 2010. "The Role of the State in China's Industrial Development: A Reassessment," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 52(3), pages 325-350, September.
    • Handle: RePEc:pal:compes:v:52:y:2010:i:3:p:325-350
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    Cited by:

    1. Giorgio Prodi & Federico Frattini & Francesco Nicolli, 2018. "The diffusion and embeddedness of innovative activities in China," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(1), pages 71-106, April.
    2. Giorgio Prodi & Francesco Nicolli & Federico Frattini, 2017. "State restructuring and subnational innovation spaces across Chinese prefectures," Environment and Planning C, , vol. 35(1), pages 94-112, February.
    3. Richard P. Appelbaum & Rachel Parker, 2012. "China’s Move to High-tech Innovation: Some Regional Policy Implications," Chapters, in: Christopher M. Dent & Jörn Dosch (ed.), The Asia-Pacific, Regionalism and the Global System, chapter 13, Edward Elgar Publishing.
    4. Giorgio Prodi & Federico Frattini & Francesco Nicolli, 2016. "Regional Innovation Systems in China: A long-term perspective based on patent data at the prefectural level," SEEDS Working Papers 0316, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Apr 2016.
    5. ELLMAN, Michael, 2012. "What Did the Study of Transition Economies Contribute to Mainstream Economics?," RRC Working Paper Series Special_issue_no.2, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    6. Luiz Carlos Bresser-Pereira & Elias Jabbour & Luiz Fernando de Paula, 2020. "South Korea’s and China’s catching-up: a new-developmentalist analysis," Brazilian Journal of Political Economy, Center of Political Economy, vol. 40(2), pages 264-284.
    7. Liang Zheng, 2021. "The impact of state-owned enterprises on the employment growth of manufacturing in Chinese cities: Evidence from economic census microdata," Urban Studies, Urban Studies Journal Limited, vol. 58(8), pages 1655-1673, June.
    8. Florin Bonciu, 2018. "Global Trends Regarding The Increase Of The Role Of States In Internal And International Economic Relations. Implications For Romania," Romanian Economic Business Review, Romanian-American University, vol. 13(2), pages 7-14, June.

    More about this item

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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