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China, where a quarter of firms' R&D expenditures come from government subsidies. Using a difference-in-differences approach …
Persistent link: https://www.econbiz.de/10012910303
We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium …
Persistent link: https://www.econbiz.de/10013322903
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10013050290
Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout the world. This paper examines the extent to which government audits of public resources can reduce corruption by enhancing political and judiciary accountability. We do so in...
Persistent link: https://www.econbiz.de/10012986289
Poorly functioning, and often corrupt, public procurement procedures are widely faulted for the low quality of infrastructure provision in developing countries. Can electronic procurement (e-procurement), which reduces both the cost of acquiring tender information and personal interaction...
Persistent link: https://www.econbiz.de/10013033032
In collaboration with the Government of Bihar, India, we conducted a large-scale experiment to evaluate whether transparency in fiscal transfer systems can increase accountability and reduce corruption in the implementation of a workfare program. The reforms introduced electronic fund-flow, cut...
Persistent link: https://www.econbiz.de/10012979769
sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint …
Persistent link: https://www.econbiz.de/10013127980
Each of the world's largest retailers---Walmart, Carrefour, Tesco, and Metro---entered China after 1995. Their … subsequent expansion in China may have influenced Chinese exports through two channels. First, they may have enhanced bilateral …
Persistent link: https://www.econbiz.de/10013139132
This paper uses a firm level multi-industry data set covering 456 Chinese manufacturing sectors to assess the implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences in both industry and firm characteristics within...
Persistent link: https://www.econbiz.de/10013118843
nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …
Persistent link: https://www.econbiz.de/10012839470