Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...

Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...

This paper investigates the impact of social, economic and institutional changes on individual perceptions of happiness in Kazakhstan. We use household level data for Kazakhstan for three years - 1996 (in the initial years of transition), 2001 (as it became a fully-fledged transition economy)...