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This paper develops a theoretical model to study features of the spontaneous growth of private enterprises in China … environment. Empirical analysis based on a survey of 296 firms in Ningbo city of China shows that the perceived importance of both … economic environment ; private enterprises in China …
Persistent link: https://www.econbiz.de/10009552990
We reveal motivations of Chinese firms for issuing Seasoned Equity Offerings (SEO) by examining why firms change the use of SEO proceeds and how they use unspecified SEO proceeds. Using 533 SEOs issued by Chinese firms during 1999 - 2006, we find that firms do not use unspecified SEO proceeds on...
Persistent link: https://www.econbiz.de/10010477889
1950 and 1957, the Soviet Union supported the "156 Projects" in China for building technologically advanced industrial … production reallocation from state-owned to privately owned companies since the late 1990s. …
Persistent link: https://www.econbiz.de/10012806673
We revisit the impact of rising imports from China on within firm labour productivity growth in the EU. The period … analysed is 2003 through 2016 and thus covers the recent increase of technology-intensive imports from China. We find that …
Persistent link: https://www.econbiz.de/10012437531
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …
Persistent link: https://www.econbiz.de/10011715817
nature of competition with China so that it does not take place on a level playing field anymore. Empirical evidence about … firms' reactions in developed economies to competition with China is inconclusive, however. This paper studies how small …
Persistent link: https://www.econbiz.de/10013490744
Persistent link: https://www.econbiz.de/10012256027
In a model where cooperation is beneficial, but subject to cheating, and is supported by trigger strategy punishments in a repeated game, we explore the relationship between the nature of cooperation (size and composition of coalitions) and underlying inequality in the distribution of private...
Persistent link: https://www.econbiz.de/10011520520
The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...
Persistent link: https://www.econbiz.de/10011526763
The hallmark of the recent development and growth literature is a quest to identify institutions that explain a significant portion of the observed differences in living standards across countries. Empirical work in the area focuses almost exclusively on either the global sample or on developing...
Persistent link: https://www.econbiz.de/10010439366