The sweeping change in political economy associated with the rapid growth of the private sector in China is rarely studied empirically in the economics literature. Using four cross-sectional surveys of private firms between 1995 and 2010, we examine the dynamics of rent creation from Party...

We employ a new classification of ownership identity to analyze the impact of ownership structure on enterprise performance in China. Using both fixed effects model and Generalized Methods of Moments (GMM), this study finds that marketized state-owned enterprises outperform firms controlled by...

Does decentralization exacerbate Chinese corruption? This study uses unique quasi-experiments of “province-managing-county” and “county-power-expansion” reforms in China from 2003 to 2015 to investigate this question. Improving the measures of corruption, decentralization, and...

Does decentralization exacerbate Chinese corruption? This study uses unique quasi-experiments of “province-managing-county” and “county-power-expansion” reforms in China from 2003 to 2015 to investigate this question. Improving the measures of corruption, decentralization, and...