References
- Acemoglu, D. 2010. “When Does Labor Scarcity Encourage Innovation?” Journal of Political Economy 118 (6): 1037–1078. doi:https://doi.org/10.1086/658160.
- Acemoglu, D. 2015. “Localised and Biased Technologies: Atkinson and Stiglitz’s New View, Induced Innovations, and Directed Technological Change.” The Economic Journal 125 (583): 443–463. doi:https://doi.org/10.1111/ecoj.12227.
- Acemoglu, D., and D. Autor. 2011. “Skills, Tasks, and Technologies: Implications for Employment and Earnings.” Handbook of Labor Economics 4b, 1044–1171.
- Acemoglu, D., and P. Restrepo. 2019. “Automation and New Tasks: How Technology Displaces and Reinstates Labor.” Journal of Economic Perspectives 33 (2): 3–30. doi:https://doi.org/10.1257/jep.33.2.3.
- An, T., 2017. “Research on Innovation Behavior Evolution of Chinese Manufacturing Enterprises.” Keynote address presented at Chinese Economists Society 2017 Conference in Nanjing. China. Notes kindly provided by author.
- Lewis, W. Arthur 1954. “Economic Development with Unlimited Supplies of Labor.” The Manchester School 22 (2): 139–191. doi:https://doi.org/10.1111/j.1467-9957.1954.tb00021.x.
- Atkinson, A. B., and J. E. Stiglitz. 1969. “A New View of Technological Change.” The Economic Journal 79 (315): 573–578. doi:https://doi.org/10.2307/2230384.
- Bai, C.-E., and Z. Qian. 2010. “The Factor Income Distribution in China: 1978-2007.” China Economic Review 21 (21): 650–670. doi:https://doi.org/10.1016/j.chieco.2010.08.004.
- Brandt, L., J. Van Biesebroeck, L. Wang, and Y. Zhang. 2017. “WTO Accession and Performance of Chinese Manufacturing Firms.” American Economic Review 107 (9): 2784–2820. doi:https://doi.org/10.1257/aer.20121266.
- Brandt, L., J. Van Biesebroeck, and Y. Zhang. 2012. “Creative Accounting or Creative Destruction? Firm-Level Productivity Growth in Chinese Manufacturing.” Journal of Comparative Economics 97: 339–351.
- Caputo, M., and Q. Paris. 2005. “An Atemporal Microeconomic Theory and an Empirical Test of Price-Induced Technical Progress.” Journal of Productivity Analysis 24 (3): 259–281. doi:https://doi.org/10.1007/s11123-005-4934-3.
- Ceglowski, J., and S. Golub. 2007. “Just How Low are China’s Labour Costs?” World Economy 30 (4): 507–617. doi:https://doi.org/10.1111/j.1467-9701.2007.01006.x.
- Chu, A. C., H. Fan, Y. Furukawa, Z. Kou, and L. Xueyue. Forthcoming. “Minimum Wages, Import Status, and Firms’ Innovation: Theory and Evidence from China.” Economic Inquiry.
- Finlay, K., L. Magnusson, and M. Schaffer, 2013. “WEAKIV: Stata Module to Perform Weak-Instrument-Robust Tests and Confidence Intervals for Instrumental-Variable (IV) Estimation of Linear, Probit and Tobit Models. Statistical Software Components S457684.” Boston College Department of Economics. revised 18 October 2016.
- Forslid, R., T. Okubo, and K. Ulltveit-Moe. 2018. “Why are Firms that Export Cleaner? International Trade, Abatement and Environmental Emissions.” Journal of Environmental Economics and Management 91: 166–183. doi:https://doi.org/10.1016/j.jeem.2018.07.006.
- Freeman, R. B. 2010. “Chapter 70, Labor Regulations, Unions, and Social Protection in Developing Countries: Market Distortions or Efficient Institutions? Chapter 70.” Edited by Dani Rodrik and M. R. Rosenzweig.In Handbook of Development Economics. Vol. 5.4657–4702. Amsterdam: Elsevier.
- Gao, Y. 2012. China as the Workshop of the World: An Analysis at the National and Industry Level of China in the International Division of Labor. London: Routledge.
- Ge, S., and D. T. Yang. 2014. “Changes in China’s Wage Structure.” Journal of the European Economic Association 12 (2): 300–336. doi:https://doi.org/10.1111/jeea.12072.
- Golley, J., and X. Meng. 2011. “Has China Run Out of Surplus Labour?” China Economic Review 22 (4): 555–572. doi:https://doi.org/10.1016/j.chieco.2011.07.006.
- Hau, H., Y. Huang, and G. Wang. 2020. “Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy.” Review of Economic Studies 87 (6): 2639–2671. doi:https://doi.org/10.1093/restud/rdz058.
- Hicks, J. R. 1932. The Theory of Wages. 2nd ed. ed. London: Macmillan.
- Hsieh, C.-T., and P. J. Klenow. 2009. “Misallocation and Manufacturing TFP in China and India.” Quarterly Journal of Economics 12 (4): 1403–1448. doi:https://doi.org/10.1162/qjec.2009.124.4.1403.
- Hu, A. G., and G. H. Jefferson. 2009. “A Great Wall of Patents: What Is behind China’s Recent Patent Explosion?” Journal of Development Economics 90 (1): 57–68. doi:https://doi.org/10.1016/j.jdeveco.2008.11.004.
- Kleibergen, F., and R. Paap. 2006. “Generalized Reduced Rank Tests Using the Singular Value Decomposition.” Journal of Econometrics 133 (1): 97–126. doi:https://doi.org/10.1016/j.jeconom.2005.02.011.
- Knight, J., Q. Deng, and S. Li. 2011. “The Puzzle of Migrant Labour Shortage and Rural Labour Surplus in China.” China Economic Review 22 (4): 585–600. doi:https://doi.org/10.1016/j.chieco.2011.01.006.
- Knott, A. M., and C. Vieregger. 2020. “Reconciling the Firm Size and Innovation Puzzle.” Organization Science 31 (2): 477–488. doi:https://doi.org/10.1287/orsc.2019.1310.
- Li, H., L. Li, B. Wu, and Y. Xiaong. 2012. “The End of Cheap Chinese Labor.” Journal of Economic Perspectives 26 (4): 57–74. doi:https://doi.org/10.1257/jep.26.4.57.
- Mallick, D. 2012. “The Role of the Elasticity of Substitution in Economic Growth: A Cross-Country Investigation.” Labour Economics 19 (5): 682–694. doi:https://doi.org/10.1016/j.labeco.2012.04.003.
- Mayneris, F., S. Poncet, and T. Zhang. 2018. “Improving or Disappearing: Firm-level Adjustments to Minimum Wages in China.” Journal of Development Economics 135: 20–42. doi:https://doi.org/10.1016/j.jdeveco.2018.06.010.
- Molero-Simarro, R. 2017. “Inequality in China Revisited. The Effect of Functional Distribution of Income on Urban Top Incomes, the Urban-Rural Gap and the Gini Index, 1978-2015.” China Economic Review 42: 101–117. doi:https://doi.org/10.1016/j.chieco.2016.11.006.
- Nelson, R. R. 1959. “The Simple Economics of Basic Scientific Research.” Journal of Political Economy 67 (3): 297–306. doi:https://doi.org/10.1086/258177.
- Oberfield, E., and D. Ravel, 2014. “Micro Data and Macro Technology.” NBER Working Paper. 20452.
- Olea, M., J. Luis, and C. Pflueger. 2013. “A Robust Test for Weak Instruments.” Journal of Business and Economic Statistics 31 (3): 358–369. doi:https://doi.org/10.1080/00401706.2013.806694.
- Peeters, L., and Y. Surry. 2000. “Incorporating Price-Induced Innovation in a Symmetric Generalised McFadden Cost Function with Several Outputs.” Journal of Productivity Analysis 14 (1): 53–70. doi:https://doi.org/10.1023/A:1007843928635.
- Reed, W. R. 2015. “On the Practice of Lagging Variables to Avoid Simultaneity.” Oxford Bulletin of Economics and Statistics 77 (6): 897–909. doi:https://doi.org/10.1111/obes.12088.
- Santacreu, A. M., and H. Zhu, 2018. “Has China Overtaken the U.S. In Terms of Innovation?” St. Louis Fed On the Economy Blog. 12 March 2018. https://www.stlouisfed.org/on-the-economy/2018/march/china-overtaken-us-terms-innovation
- Schumpeter, J. A. 1942. Capitalism, Socialism and Democracy. New York: Harper & Row.
- Song, Z., K. Storesletten, and F. Zilibotti. 2011. “Growing Like China.” American Economic Review 101 (1): 196–233. doi:https://doi.org/10.1257/aer.101.1.196.
- Sun, L. 2018. “Implementing Valid Two-Step Identification-Robust Confidence Sets for Linear Instrumental-Variables Models.” Stata Journal, StataCorp LP 18 (4): 803–825. doi:https://doi.org/10.1177/1536867X1801800404.
- Wang, X., J. Huang, L. Zhang, and S. Rozelle. 2011. “The Rise of Migration and the Fall of Self-employment in Rural China’s Labor Market.” China Economic Review 22 (4): 573–584. doi:https://doi.org/10.1016/j.chieco.2011.07.005.
- Wei, S.-J., Z. Xie, and X. Zhang. 2017. “From “Made in China” to “Innovated in China”: Necessity, Prospect, and Challenges.” Journal of Economic Perspectives 31 (1): 49–70. doi:https://doi.org/10.1257/jep.31.1.49.
- Wu, Y. 2016. “China’s Capital Stock Series by Region and Sector.” Frontiers of Economics in China 11: 156–172.
- Yang, D. T., V. Chen, and R. Monarch. 2010. “Rising Wages: Has China Lost Its Global Labor Advantage?” Pacific Economic Review 15 (18): 482–504. doi:https://doi.org/10.1111/j.1468-0106.2009.00465.x.
- Zhang, X., J. Yang, and S. Wang. 2011. “China Has Reached the Lewis Turning Point.” China Economic Review 22 (4): 542–554. doi:https://doi.org/10.1016/j.chieco.2011.07.002.
- Zhong, R., 2015. “For Poor Countries, Well-Worn Path to Development Turns Rocky.” Wall Street Journal 24 November 2015. http://www.wsj.com/articles/for-poor-countries-well-worn-path-to-development-turns-rocky-1448374298