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China's Great Leap: Forward or Backward? Anatomy of a Central Planning Disaster

An, Mark Yuying; Li, Wei; Yang, Dennis Tao - C.E.P.R. Discussion Papers - 2001

The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China … supplementary survey data support the theoretical prediction regarding the dynamic progression of the disaster. They also show that …

Persistent link: https://www.econbiz.de/10005789139

Soviet power plus electrification: what is the long-run legacy of communism?

Carlin, Wendy; Schaffer, Mark E; Seabright, Paul - C.E.P.R. Discussion Papers - 2012

Two decades after the end of central planning, we investigate the extent to which the advantages bequeathed by planning in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative inefficiency and weak incentives for innovation. We assemble...

Persistent link: https://www.econbiz.de/10011083892

Guide to Reform of Higher Education: A European Perspective

Jacobs, Bas; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2005

Although there are exceptions, most European universities and institutions of higher education find it difficult to compete with the best universities in the Anglo-Saxon world. Despite the Bologna agreement and the ambitions of the Lisbon agenda, European universities are in need of fundamental...

Persistent link: https://www.econbiz.de/10005067399

The Institutional Causes of China's Great Famine, 1959-61

Meng, Xin; Qian, Nancy; Yared, Pierre - C.E.P.R. Discussion Papers - 2010

This paper investigates the institutional causes of China's Great Famine. It presents two empirical findings: 1) in …

Persistent link: https://www.econbiz.de/10008642871

Cultural and Institutional Bifurcation: China and Europe Compared

Greif, Avner; Tabellini, Guido - C.E.P.R. Discussion Papers - 2010

How to sustain cooperation is a key challenge for any society. Different social organizations have evolved in the course of history to cope with this challenge by relying on different combinations of external (formal and informal) enforcement institutions and intrinsic motivation. Some societies...

Persistent link: https://www.econbiz.de/10008468568

Family Ties and Organizational Design: Evidence from Chinese Private Firms

Cai, Hongbin; Li, Hongbin; Park, Albert; Zhou, Li-An - C.E.P.R. Discussion Papers - 2010

Analyzing data from a unique survey of managers of Chinese private firms, we investigate how family ties with firm heads affect managerial compensation and job assignment. We find that family managers earn higher salaries and receive more bonuses, hold higher positions, and are given more...

Persistent link: https://www.econbiz.de/10008468597

Community-based Development and Poverty Alleviation: An Evaluation of China’s Poor Village Investment Program

Park, Albert; Wang, Sangui - C.E.P.R. Discussion Papers - 2010

We conduct the first systematic evaluation of the world’s largest community-based development program--China’s flagship …

Persistent link: https://www.econbiz.de/10008468658

The Institutional Foundations of China’s Reforms and Development

Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …

Persistent link: https://www.econbiz.de/10008468688

A Macro-Theoretic Model of the Chinese Economy

Dixon, Huw David - C.E.P.R. Discussion Papers - 1996

A stylized model of the Chinese economy is developed with three production sectors: agriculture, non-traded industrial goods, and industrial exports. The state purchases food from farmers by dual-track pricing; urban food sales are subsidized through ration coupons. Marginal prices clear markets...

Persistent link: https://www.econbiz.de/10005123495

Can You Teach Old Dragons New Tricks? FDI and Innovation Activity in Chinese State-Owned Enterprises

Girma, Sourafel; Gong, Yundan; Görg, Holger - C.E.P.R. Discussion Papers - 2006

We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital...

Persistent link: https://www.econbiz.de/10005123532