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The Clan and the City: Sustaining Cooperation in China and Europe

Greif, Avner; Tabellini, Guido - C.E.P.R. Discussion Papers - 2012

advantage in pursuing collective actions. Moral groups perpetuate due to positive feedbacks between morality, institutions, and …

Persistent link: https://www.econbiz.de/10011084470

Impoverished, but Numerate? Early Numeracy in East Asia (1550–1800) and its Impact on 20th and 21st Century Economic Growth

Baten, Jörg; Sohn, Kitae - C.E.P.R. Discussion Papers - 2014

despite high early numerical human capital formation, had substantially higher growth rates during the late 20th and early 21 …

Persistent link: https://www.econbiz.de/10011083906

The Weightless Economy in Economic Development

Quah, Danny - C.E.P.R. Discussion Papers - 1999

, education, and skills for consumption (rather than production)---can importantly affect patterns of economic growth and …

Persistent link: https://www.econbiz.de/10005791375

From Federalism, Chinese Style, to Privatization, Chinese Style

Yuanzheng, Cao; Qian, Yingyi; Weingast, Barry - C.E.P.R. Discussion Papers - 1998

progress in two areas: privatization of small state-owned enterprises (SOEs) at the county level and mass lay-offs of excess … politically sensible ways. We then argue that privatization, Chinese style, rests on an adequate economic and political foundation … induced Chinese style privatization. …

Persistent link: https://www.econbiz.de/10005792177

Reluctant Entrepreneurs : Evidence from China's SOE Reform

Fang, Hanming; Li, Ming; Wu, Zenan; Zhang, Yapei - National Bureau of Economic Research - 2023

We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of firm registration and performance data, we document that the massive SOE downsizing in the late 1990s significantly improved the quality of entrepreneur- ship. Compared with...

Persistent link: https://www.econbiz.de/10014372457

The Razor's Edge : Distortions and Incremental Reform in the People's Republic of China

Young, Alwyn - 2000

In a partially reformed economy, distortions beget distortions. Segments of the economy which are freed from centralized control respond to the rent seeking opportunities implicit in the remaining distortions of the economy. The battle to capture, and then protect, these rents leads to the...

Persistent link: https://www.econbiz.de/10012470915

Can a Tiger Change Its Stripes? Reform of Chinese State-Owned Enterprises in the Penumbra of the State

Harrison, Ann - 2019

there are clear improvements in performance post-privatization. The tiger can change its stripes; however, the government …

Persistent link: https://www.econbiz.de/10012479431

Special Deals from Special Investors : The Rise of State-Connected Private Owners in China

Bai, Chong-En - 2020

We use administrative registration records with information on the owners of all Chinese firms to document the importance of "connected" investors, defined as state-owned firms or private owners with equity ties with state-owned firms, in the businesses of private owners. We document a hierarchy...

Persistent link: https://www.econbiz.de/10012482389

China's Land Market Auctions : Evidence of Corruption

Cai, Hongbin - 2009

This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...

Persistent link: https://www.econbiz.de/10012463582

Profiting from Government Stakes in a Command Economy : Evidence from Chinese Asset Sales

Calomiris, Charles - 2008

contrast to the "privatization premium" found in earlier work, we find a negative effect of government ownership on returns at … that personal ties can substitute for the benefits of government ownership. The "privatization discount" is higher for … relatively high welfare payments to employees, which presumably would fall with privatization, benefit disproportionately from …

Persistent link: https://www.econbiz.de/10012464873