Showing 1 - 10 of 11
which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South … leads to increased FDI in the North, as Northern firms shift production to Southern affiliates. This FDI accelerates … Southern industrial development. The South's share of global manufacturing and the pace at which production of recently …
Persistent link: https://www.econbiz.de/10012760176
We study favoritism via hometown ties, a common source of favor exchange in China, in fellow selection of the Chinese …
Persistent link: https://www.econbiz.de/10012963711
We study a 2004 program designed to motivate Chinese bureaucrats to reduce accidental deaths. Each province received a set of ‘death ceilings' that, if exceeded, would impede government officials' promotions. For each category of accidental deaths, we observe a sharp discontinuity in reported...
Persistent link: https://www.econbiz.de/10012964402
We study the consequences of month-end lending incentives for Chinese bank managers. Using data from two banks, one state-owned and the other partially privatized, we show a clear increase in lending in the final days of each month, a result of both more loan issuance and higher value per loan....
Persistent link: https://www.econbiz.de/10012911690
We document the market response to an unexpected announcement of proposed sales of government-owned shares in China. In …
Persistent link: https://www.econbiz.de/10012759554
that entrepots may facilitate tariff evasion. Using data on direct exports to mainland China and indirect exports via Hong …
Persistent link: https://www.econbiz.de/10012760465
We document evidence of corruption in Chinese state asset sales. These sales involved stakes in partially privatized firms, providing a benchmark - the price of publicly traded shares - to measure underpricing. Underpricing is correlated with deal attributes associated with misgovernance and...
Persistent link: https://www.econbiz.de/10013054514
reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer …
Persistent link: https://www.econbiz.de/10013054515
We study the relationship between the political connections of Chinese firms and workplace fatalities. In our preferred specification we find that the worker death rate for connected companies is two to three times that of unconnected firms (depending on the sample employed), a pattern that...
Persistent link: https://www.econbiz.de/10013021025
, however, may be affected by relationships between auditor and target. We study whether provincial chief auditors in China show …
Persistent link: https://www.econbiz.de/10013314318