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Votes and Vetoes: The Political Determinants of Commercial Openness

Henisz, Witold J.; Mansfield, Edward D. - William Davidson Institute, University of Michigan - 2004

Societal theories of trade policy stress the importance of domestic interest groups, whereas statist theories focus on … macroeconomic conditions on trade policy to be weaker in fragmented states than in those characterized by a highly centralized … potent impact on trade policy in democracies than in other regimes, since the electoral constraints facing democratic leaders …

Persistent link: https://www.econbiz.de/10005784760

Changing Incentives of the Chinese Bureaucracy

Li, David D. - William Davidson Institute, University of Michigan - 1998

It has been increasingly recognized that the Chinese goverm-nent's newly acquired enthusiasm for economic development is a major factor explaining the relative success of China's transition from socialism. This paper argues that the changed behavior of the Chinese government is an outcome of a...

Persistent link: https://www.econbiz.de/10005677627

Businessman Candidates: Special-Interest Politics in Weakly Institutionalized Environments

Gehlbach, Scott; Sonin, Konstantin - William Davidson Institute, University of Michigan - 2004

We initiate examination of the political boundaries of the firm by exploring the phenomenon of “businessman candidates”: business owners and managers who bypass conventional means of political influence to run for public office themselves. We argue that in-house production of political...

Persistent link: https://www.econbiz.de/10005652556

Inequality, Fiscal Capacity and the Political Regime: Lessons from the Post-Communist Transition

Gerry, Christopher; Mickiewicz, Tomasz - William Davidson Institute, University of Michigan - 2006

Using panel data for twenty-seven post-communist economies between 1987-2003, we examine the nexus of relationships between inequality, fiscal capacity (defined as the ability to raise taxes efficiently) and the political regime. Investigating the impact of political reform we find that full...

Persistent link: https://www.econbiz.de/10005677567

Economic Reform, Democracy and Growth During Post-Communist Transition

Fidrmuc, Jan - William Davidson Institute, University of Michigan - 2001

controlling for endogeneity of liberalization in growth). (2) Democracy facilitates economic liberalization. (3) Because of its … effect on liberalization, democracy has a positive overall effect on growth. Nevertheless, the marginal effect of democracy … subsequent democracy appears negative. (5) Economic performance is an important determinant of electoral outcomes and, in …

Persistent link: https://www.econbiz.de/10005784759

Chinese state’s economic cooperation related investment: An investigation of its direction and some implications for outward investment

Bhaumik, Sumon Kumar; Co, Catherine Yap - William Davidson Institute, University of Michigan - 2009

The Chinese state undertakes large scale investments in a number of countries under the auspices of economic cooperation related investment (ECI). While there are suggestions that it is an extension of China‟s soft power aimed at facilitating Chinese FDI in those countries, often for access to...

Persistent link: https://www.econbiz.de/10008529009

How Reform Worked in China

Qian, Yingyi - William Davidson Institute, University of Michigan - 2002

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many conventional institutions such as rule of law and secure private...

Persistent link: https://www.econbiz.de/10005207885

Bank Discrimination in Transition Economies: Ideology, Information or Incentives?

Brandt, Loren; Li, Hongbin - William Davidson Institute, University of Michigan - 2002

expensive trade credits. …

Persistent link: https://www.econbiz.de/10005207887

The Determinants of Asset Stripping: Theory and Evidence From the Transition Economies

Campos, Nauro F.; Giovannoni, Francesco - William Davidson Institute, University of Michigan - 2005

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Persistent link: https://www.econbiz.de/10005677394

Why the Rich May Favor Poor Protection of Property Rights

Sonin, Konstantin - William Davidson Institute, University of Michigan - 2002

In unequal societies, the rich might benefit from shaping economic institutions into their favor. This paper analyzes the dynamics of institutional subversion focusing on one particular institution, public protection of property rights. If this institution is imperfect, agents have incentives to...

Persistent link: https://www.econbiz.de/10005677420