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Political connections, state ownership and productivity in China
Harris, Richard I. D.; Hashimzade, Nigar; Ding, Sai - 2016
Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...
Persistent link: https://www.econbiz.de/10011571621
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State ownership and control in the Czech Republic
Kočenda, Evžen; Hanousek, Jan - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …
Persistent link: https://www.econbiz.de/10003887481
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Full privatization through controlling rights transfer in China : the extent of its success
Bai, Yunxia; Lin, Bingxuan; Wang, Yaping; Wu, Liansheng - In: Applied economics 45 (2013) 13/15, pp. 1857-1867
Persistent link: https://www.econbiz.de/10009758505
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Different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10003204038
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After … defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform … industry-specific SOE reform trends as well as the latest reform developments. Until today, a stable, successful, longterm …
Persistent link: https://www.econbiz.de/10012026451
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Grasp the Large, Let Go of the Small : The Transformation of the State Sector in China
Hsieh, Chang-Tai - 2015
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10013026794
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The Stability and Growth Pact as an Impediment to Privatizing Social Security
Razin, Asaf; Tsadḳah, Efrayim - 2022
The aging of the population shakes the confidence in the economic viability of pay-as-you-go social security systems. We demonstrate how in a political-economy framework the shaken cofidence leads to the downsizing of the social security-system, and to the emergence of supplemental individual...
Persistent link: https://www.econbiz.de/10013322100
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Revisiting American Exceptionalism : Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania
Lamoreaux, Naomi R. - 2014
exceptionalism" reside in the interplay between the early achievement of universal (white) manhood suffrage and elite efforts to …
Persistent link: https://www.econbiz.de/10013052116
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Business Groups and the Big Push : Meiji Japan's Mass Privatization and Subsequent Growth
Nakamura, Masao - 2013
feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …
Persistent link: https://www.econbiz.de/10012753906
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Economic Crisis, General Laws, and the Mid-Nineteenth-Century Transformation of American Political Economy
Lamoreaux, Naomi R.; Wallis, John Joseph - 2022
Before the middle of the nineteenth century most laws enacted in the United States were special bills that granted favors to specific individuals, groups, or localities. This fundamentally inegalitarian system provided political elites with important tools that they could use to reward...
Persistent link: https://www.econbiz.de/10013289028