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Estimating the price elasticity of China's imports is difficult because many imports are used to produce exports and because the real effective exchange rate has remained fairly stable. To circumvent the first problem, we control for re-exports, and to increase the discriminatory power of the...
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Discussions of party system change may be unsatisfactory if insufficient attention is given to the defining properties of a system. A number of dimensions have to be considered, but - as with `social cleavages' - there can be disagreement as to whether a truly constitutive element is involved....
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Three dimensions of multiple centres of power and their corresponding implications for policy and governance are examined. While there has been a proliferation in the number of actors participating in governance and the policy processes, this development is not entirely a new phenomenon. The...
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Law plays a key role in determining the level of entrepreneurial action in society. Legal rules seek to define property rights, facilitate private ordering, and impose liability for legal wrongs, thereby attempting to establish conditions under which individuals may act. These rules also channel...
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