Wto Accession and Performance of Chinese Manufacturing Firms

  title={Wto Accession and Performance of Chinese Manufacturing Firms},
  author={Loren Brandt and Johannes Van Biesebroeck},
where ?̃?it = qit + pit Q − pt Q is deflated revenue, ?̃? is fixed assets deflated by a capital deflator, l is labor input and ?̃? is deflated intermediate input use defined similarly as ?̃?it. ?̃?it represents the sum of productivity and the deviations between the firm-level prices and industry price deflators, ?̃?it = ωit + (pit Q − pt ) − βm (pit M − pt ). The firm-specific prices are assumed to be monotonic functions of the state variable in the production function ωit, such that ?̃?it = f… CONTINUE READING
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