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The compulsory school merger program in rural regions of China imposed higher education costs on rural residents, decreased their consumption and reduced their welfare. In this study, we employ household-level data and the difference-in-differences method to analyze the policy effect on residents' consumption and education costs. Our results show that the compulsory school merger program had a negative...
This paper has investigated the relationship between openness and economic growth of countries undergoing transition. In contrast to previous findings, we have found that openness which is believed to have positive impact on economic growth is negatively related to those of transition countries. This result implies that opening up a country is not enough for economic growth in transition countries.
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