TY  - JOUR
AU  - Wei,Shang-Jin
TI  - Open Door Policy and China's Rapid Growth: Evidence from City-level Data
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4602
PY  - 1993
Y2  - December 1993
UR  - http://www.nber.org/papers/w4602
L1  - http://www.nber.org/papers/w4602.pdf
N1  - Author contact info:
Shang-Jin Wei
Graduate School of Business
Columbia University
Uris Hall 619
3022 Broadway
New York, NY 10027-6902
Tel: 212/854-9139
E-Mail: shangjin.wei@columbia.edu
M1  - published as Shang-Jin Wei. "The Open Door Policy and China’s Rapid Growth: Evidence from City-Level Data," in Takatoshi Ito and Anne O. Krueger, eds., "Growth Theories in Light of the East Asian Experience, NBER-EASE Volume 4" University of Chicago Press (1995)

AB  - 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.
ER  -