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China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this … the creation and nurturing of a continually growing market in China is based on this premise: The free market is a public … and the correct sequence of developmental stages; China has been successfully accomplishing its industrialization through …
Persistent link: https://www.econbiz.de/10012902904
Manuscript Type: Perspective Research Question/Issue: Relation-based governance has helped China to achieve rapid … economic growth in its early stage; however, continuing to rely on it may hinder China’s further development. The research … question is: given China’s cultural heritage and other institutional settings, will China be able to transition from relation …
Persistent link: https://www.econbiz.de/10014156578
There has always been a debate on the roles of government and market for economic growth and development. Economic development encompasses more than just growth; it seeks the betterment of the standard of living and higher Human Development Index. There is no single strategy that would be...
Persistent link: https://www.econbiz.de/10012869064
The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
For public officials, the decision to engage in corruption is embedded into abroader set of career considerations. In … Brazilian municipalities.Considering the effects of 10 years of audits on the careers of over 275 thousandmunicipal officials …
Persistent link: https://www.econbiz.de/10012846358
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being elected on subsequent income. Getting...
Persistent link: https://www.econbiz.de/10010223364
We estimate the effect of getting elected on future income development of political candidates. We present a bootstrap approach for measuring electoral closeness, which can be used to implement a regression discontinuity design in any electoral system. We apply the method to the Finnish...
Persistent link: https://www.econbiz.de/10012987691
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being elected on subsequent income. Getting...
Persistent link: https://www.econbiz.de/10013315649
A bilateral danger of underperformance exists when two parties sink investments with payoffs dependent on the behavior of the other. There are five general categories of defense against that danger: (1) Legal action against a misbehaving co-investor; (2) Reliance on a reputation for...
Persistent link: https://www.econbiz.de/10012755127
This paper studies Comprehensive Performance Assessment, an explicit incentive scheme for local government in England. Motivated by a simple theoretical political agency model, we predict that CPA should increase service quality and local taxation, but have an ambiguous effect on the efficiency...
Persistent link: https://www.econbiz.de/10013124097