Although it had a a lower income level than India in 1980, China's 2006 per capita gross domestic product stands more than twice that of India's. This paper investigates the role of the business environment in explaining China's productivity advantage using recent firm-level survey data. The analysis finds that China has better infrastructure, more skilled workers, and more labor-hiring flexibility than India, but a worse access to finance and higher...
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2011/04/01
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Documento de trabalho sobre pesquisa de políticas
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WPS5641
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1
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1
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2011/04/01
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Disclosed
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Diagnosing development bottlenecks : China and India
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Finance & Private Sector Development
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