Using Synthetic Controls to Estimate the Effect of China's Post-Maoist Economic Restructuring on GDP per Capita
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Lynch, Colin
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Using Synthetic Controls to Estimate the Effect of China's Post-Maoist Economic Restructuring on GDP per CapitaAbstract
In 1978, China implemented a set of liberalization reforms which decollectivized the economy, allowed for private property, and opened the country to foreign competition. Over the following 5 decades China oversaw the greatest exodus from poverty in human history. This study investigates whether the liberalization policies implemented in 1978 caused the ensuing growth in Chinese GDP per Capita by implementing the Synthetic Control Method.Collections