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The Chinese government's new approach to ownership and financial control of strategic state-owned enterprises
Mattlin, Mikael - 2007
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10012148532
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The Chinese government's new approach to ownership and financial control of strategic state-owned enterprises
Mattlin, Mikael - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2007
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10005190665
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The misallocation in the Chinese land market
Fei, Xuan - 2020
This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In …. Our framework incorporating land market distortions also helps clarify the mystery of China's undersized cities, a … policies on the economic welfare in China. We end with a counterfactual exercise that suggests that a coordinated land and …
Persistent link: https://www.econbiz.de/10012614245
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Political connections and firm pollution behaviour: An empirical study
Deng, Yuping; Wu, Yanrui; Xu, Helian - 2019
A firm's top manager and a government official may be connected due to special circumstances. This social relationship or political connection may provide industrial polluters with protection or a "pollution shelter" which could lead to severe environmental deterioration. This paper aims to...
Persistent link: https://www.econbiz.de/10012148843
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Too many to fail? Inter-enterprise arrears in transition economies
Hildebrandt, Antje - 2002
In advanced market economies, the use of trade credits is an important way of short-term financing and generally considered as being part of normal business practice.Some transition economies, however, have experienced a rapid accumulation of trade credits which have led to interlocking webs of...
Persistent link: https://www.econbiz.de/10012148440
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Coping with missing public infrastructure: an analysis of Russian industrial enterprices
Solanko, Laura - 2006
During the Soviet period industrial firms not only formed the backbone of the economy but also directly provided a wide range of benefits to their municipalities.Firms were in charge of supplying a great variety of social services, such as housing, medical care and day care.The need to divest at...
Persistent link: https://www.econbiz.de/10012148505
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Non-wage benefits, costs turnover, and labor attachment: evidence from Russian firms
Juurikkala, Tuuli; Lazareva, Olga - 2006
Just as in established market economies, many Russian firms provide non-wage benefits such as housing, medical care or day care to their employees.Interpreting this as a strategic choice of firms in an imperfect labor market, this paper examines unique survey data for 404 large and medium-size...
Persistent link: https://www.econbiz.de/10012148507
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Russian banking: The state makes a comeback?
Vernikov, Andrei - 2009
The purpose of this paper is to carefully assess the size of public sector within the Russian banking industry. We identify and classify at least 78 state-influenced banks. For the state-owned banks, we distinguish between those that are majority-owned by federal executive authorities or Central...
Persistent link: https://www.econbiz.de/10012148599
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The ownership of industrial land in Russian cities: Explaining patterns of privatization across regions and firms
Pyle, William - 2011
The voluminous literature on the privatization of Russian industry overlooks, almost completely, the story of enterprise land rights - a story that does not jibe well with the standard narrative of post-Soviet reform. This paper explains the path that has led to significant inter-regional...
Persistent link: https://www.econbiz.de/10012148645
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A 'de Soto Effect' in Industry? Evidence from the Russian Federation
Pyle, William; Schoors, Koen - 2011
Russia's tremendous inter-regional variation in the pace of industrial land rights reform has meant that geography has helped determine the current tenure status of firms' production plots as much as any individual firm characteristics. By exploiting both this difference in the pace with which...
Persistent link: https://www.econbiz.de/10012148652