Showing 1 - 10 of 840
that the only industries in which listed companies in China display strong performance are public utilities, transportation …
Persistent link: https://www.econbiz.de/10012469125
We present a model of endogenous institutional change that rationalizes reforms that have taken place in the context of economic crisis and drastic political change. Most of the reforms have been initiated by powerholders, even though they have ended worse off relative to the status quo. The...
Persistent link: https://www.econbiz.de/10012472305
This paper documents and evaluates the process of trade reforms in Latin America from the mid-1980s until 1993. It provides an analytical and historical discussion of the consequences of industrial policies in the region, from the early 1950s when import-substitution ideas were supported by the...
Persistent link: https://www.econbiz.de/10012474147
relationship in the context of facial recognition AI in China. To do so, we gather comprehensive data on AI firms and government … procurement contracts, as well as on social unrest across China during the last decade. We first show that autocrats benefit from …
Persistent link: https://www.econbiz.de/10012696375
-development institutions, how should one understand why Imperial China, with weaker rule of law and property rights, gave the commoners more … par with the Elites in China in terms of power and rights. Based on these narratives, we build a game-theoretical model … differences between Imperial China and Premodern Europe, as well as specific institutions such as the bureaucracy in China and the …
Persistent link: https://www.econbiz.de/10012482621
from rural China. Consistent with the model, we find that elections improve (weaken) the implementation of popular …
Persistent link: https://www.econbiz.de/10012453681
Autocracy 2.0, exemplified by modern China, is economically robust, technologically advanced, globally engaged, and … controlled through subtle and sophisticated methods. What defines China's political economy, and what drives Autocracy 2.0? What … shift in handling commitment and information challenges. China uses economic incentives to align interests with regime …
Persistent link: https://www.econbiz.de/10015072934
A classic problem in public finance is the over-expenditure of local governments in expectation of a bailout from higher-level administrations. While monitoring could mitigate agency problems, it can itself be rendered ineffective if auditors are corruptible. I evaluate whether limiting...
Persistent link: https://www.econbiz.de/10013462692
China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic …
Persistent link: https://www.econbiz.de/10012459000
evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel … model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China …
Persistent link: https://www.econbiz.de/10012480022