The stained China miracle: Corruption, regulation, and firm performance

Regional corruptness in China has a positive effect on the profitability of private firms, but not that of state-owned firms. A natural experiment of exogenous trade policy change suggests that corruption may help private firms circumvent government regulation.

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Year of publication:	2014
Authors:	Jiang, Ting ; Nie, Huihua
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 123.2014, 3, p. 366-369
Publisher:	Elsevier
Subject:	Corruption \| Regulation \| Ownership \| China

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Type of publication:	Article
Classification:	H8 - Miscellaneous Issues ; L2 - Firm Objectives, Organization, and Behavior ; L5 - Regulation and Industrial Policy ; P3 - Socialist Institutions and Their Transitions
Source:	RePEc - Research Papers in Economics

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