and widely taking place in China, it is much less known whether and to what extent privatization has improved resource …While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …; instead, infrastructure funds improve performance both in privatization and subsequent acquisitions from non-PE private firms …

deregulation in China. Such deregulation leads to higher screening standards, lower interest rates, and lower delinquency rates for …

allocation. We develop a two-stage estimation approach and apply it to China's loan-level data that covers all sectors in the …

We use firm-level data to identify financial frictions in China and explore the extent to which they can explain firms …

This paper studies dynamic labor demand by private and public manufacturing plants in China. It contributes along two …

China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …