This paper investigates the interaction between corruption and infrastructure policy reforms.  I construct a simple model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption.  This interaction is then analysed empirically using a...

This paper presents a model of school choice with peer effects and scale economies within schools. Parents` perception of school quality depends on resources and on the characteristics of the student body. A network of local schools of uniform quality will be optimal, even though different...

China has sought to improve enterprise performance not through privatisation as in other transition economies, but through corporatisation as means of improving corporate governance. Actual governance practices of corporatised Chinese firms are however seriously defective, characterized by...

The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones.  We review possible sources of this puzzle and conclude that it reflects a combination of factors, including substitution bias in consumption, reliance on urban prices which we estimate...

This paper addresses the hotly-debated question: do Chinese firms overinvest?  A firm-level dataset of 100,000 firms over the period of 2000-07 is employed for this purpose.  We initially calculate measures of investment efficiency, which is typically negatively associated with...

This paper attempts to address a puzzle in China's investment pattern: despite high aggregate investment and remarkable economic growth, negative net investment is commonly found at the microeconomic level.  Using a large firm-level dataset, we test three hypotheses to explain the existence and...

This paper examines recent employment practices among 39 families of Rayalaseema area of Andhra Pradesh, India.  A social class analysis offers a starting point for the study of employment contracts.  Employment practices are diverse, but the habitus of the employers and employees sometimes...

The paper examines the notion of a 'developmental state' and shows that China possesses the characteristics of a developmental state.  It explains the political economy which generated such a state in China and in some other economies.  It analyses the methods and mechanisms that were...

This paper arises from the Global Poverty Research Group (www.gprg.org), under which I have conducted fieldwork in rural south India.  My focus is on strategies, choice, and constraints as aspects of tenants' decisions.  My aim is to treat tenants (as both households and as individual agents)...

There is widespread concern that an international agreement on stringent climate policies will not be reached because it would imply too high costs for fast growing economies like China.  To quantify these costs we develop a general equilibrium model with fully endogenous growth.  The...