Using the consumption of color television sets in rural China, this paper documents the existence of a type of network effect – free riding across neighbors, which reduces the propensity of non-owners to purchase. I construct a model of timing the purchase of a durable good in the presence of...

This paper relaxes the single factor model of intergenerational educational mobility standard in the literature, and develops a research design to study the effects of parents' education and occupation on children's schooling. We use survey data from rural China that cover three generations and...

Regional income dispersion is a sensitive issue in China in terms of judging the impact of economic reform. This study looks closely at the issue as to what are the determinants of income variation among households in general, and which are the key determinants of income dispersion among...

Given the negative effects of regional imbalance or disparities owing to concentration of growth oriented activities / industry / business processes in specific urban growth centres especially in and around metropolitan cities, it is need of the hour to plan for managing a regionally balanced...

The concept of privatization has been deepened due to the liberalization progress in the world economy since the beginning of 1980's. In order to slip out of the great depression period in 1929, the share of government activity in economy and government intervention has been increased and this...

The location determinants of outward foreign direct investment (OFDI) have received extensive attention in contemporary literature, largely from the perspective of advanced economies. Less attention has been focused on OFDI from emerging economies. This applies, in particular, to Central and...

This paper challenges the conventional wisdom that income and consumption inequality in Poland increased substantially following the economic transition in 1989–90. Using microdata from the 1985–92 Household Budget Surveys, we find that overall income inequality increased in 1989 but...

The purpose of this paper is to analyze the impact of trust-based relations on firm’s performance in transition economies. The trade credit variable is used as a proxy of trust-based relations and the propensity score matching method is employed to establish casual link between relational...

The paper describes the main determinants of electricity intensity in twenty-nine transition economies. We provide an original analysis on the way the local power sector unreliability may affect the firm-level electricity intensity. The paper explains the different firm’s behaviour, within EU...

In this study we try to observe whether growing China and India will Challenge the existing World Order or will they prefer status quo, and if they don’t then how they will assert themselves with in the existing system. Based on reality checks, we concluded that India and China are not...