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Resolving financial distress where property rights are not clearly defined : the case of China
Franks, Julian R.; Miao, Meng; Sussman, Oren - 2022
We use data on financially distressed Chinese companies in order to study a debt market where property rights are crudely defined and poorly enforced. To help with identification we use an event where a business-friendly province published new guidelines regarding the administration and...
Persistent link: https://www.econbiz.de/10013555712
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Towards a More Competitive Mobile Payment Industry : Standardization and Beyond
Yan, Xingyu - 2021
enhanced competition in the mobile payment industry. It uses the Chinese industry as a study case, which features a duopoly … standardization can enhance competition and argues that, in this case, a government-mandated standardization is preferable to a … regulator and calls for more active involvement from competition and data protection authorities …
Persistent link: https://www.econbiz.de/10013235685
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Chinese and Japanese infrastructure investment in Southeast Asia : from rivalry to cooperation?
Zhao, Hong - 2018
Persistent link: https://www.econbiz.de/10011961021
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The impact of emerging market competition on innovation and business strategy : evidence from Canada
Yang, Mu-Jeung; Li, Nicholas; Lorenz, Kueng - In: Journal of economic behavior & organization : JEBO 181 (2021), pp. 117-134
Persistent link: https://www.econbiz.de/10012597925
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Essays on foreign investment, agglomeration economies, and industrial policy
Du, Luosha - 2012
Persistent link: https://www.econbiz.de/10011817138
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Transportation infrastructure, competition and productivity : Theory and evidence from China
Liu, Chong; Wang, Wei; Wu, Qunfeng - In: Economics letters 174 (2019), pp. 74-77
Persistent link: https://www.econbiz.de/10012121027
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Unified China and Divided Europe
Ko, Chiu Yu - 2017
This paper studies the causes and consequences of political centralization and fragmentation in China and Europe. We argue that a severe and unidirectional threat of external invasion fostered centralization in China while Europe faced a wider variety of smaller external threats and remained...
Persistent link: https://www.econbiz.de/10012973583
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Geopolitics and Asia's Little Divergence : A Comparative Analysis of State Building in China and Japan after 1850
Koyama, Mark; Moriguchi, Chiaki; Sng, Tuan-Hwee - 2015
We provide a new framework to account for the diverging paths of political development and state building in China and Japan during the second half of the nineteenth century. The arrival of Western powers not only brought opportunities to adopt new technologies, but also fundamentally threatened...
Persistent link: https://www.econbiz.de/10014132189
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Religion and the Great Divergence of East and West : The Persistent Effects of Networks of Church and State in the Economic History of China and Europe
Root, Hilton L. - 2022
Networks of Church and State that originated in premodern times played an important role as conduits for the transmission of cultural values that have endured into the present and set the economic history of China apart from that of Europe. The imprints of those networks, which preceded the...
Persistent link: https://www.econbiz.de/10013295218
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Magna Carta
Desierto, Desiree; Hall, Jacob; Koyama, Mark - 2023
Magna Carta, a pivotal moment in the emergence of constitutional government, institutionalised constraints on royal power. We depict it as an optimal agreement between two coalitions capable of violence: the king's loyal coalition of barons and the rebel barons. This type of agreement is more...
Persistent link: https://www.econbiz.de/10014353308