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The Unified Enterprise Tax and SOEs in China

Whalley, John; Wang, Li - National Bureau of Economic Research (NBER) - 2007

Currently proposals are actively circulating in China to move to a unified enterprise tax structure with similar tax treatment of state-owned enterprises (SOEs), other private enterprises (OPE) and foreign investment enterprises (FIEs). FIEs presently receive significant tax preferences through...

Persistent link: https://www.econbiz.de/10005713959

Social Fragmentation, Public Goods and Elections: Evidence from China

Miquel, Gerard Padro i; Qian, Nancy; Yao, Yang - National Bureau of Economic Research (NBER) - 2012

This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which we proxy with religious fractionalization. We first document religious composition and the introduction of village-level elections for a nearly nationally representative sample of...

Persistent link: https://www.econbiz.de/10010652304

Corruption in Chinese Privatizations

Fisman, Raymond; Wang, Yongxiang - National Bureau of Economic Research (NBER) - 2014

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/10010951345

Academic Freedom, Private-Sector Focus, and the Process of Innovation

Stein, Jeremy; Aghion, Philippe; Dewatripont, Mathias - National Bureau of Economic Research (NBER) - 2005

We develop a model that clarifies the respective advantages and disadvantages of academic and private-sector research. Our model assumes full protection of intellectual property rights at all stages of the development process, and hence does not rely on lack of appropriability or spillovers to...

Persistent link: https://www.econbiz.de/10005084832

Has the Shift to Managed Care Reduced Medicaid Expenditures? Evidence from State and Local-Level Mandates

Duggan, Mark; Hayford, Tamara - National Bureau of Economic Research (NBER) - 2011

From 1991 to 2003, the fraction of Medicaid recipients enrolled in HMOs and other forms of Medicaid managed care (MMC) increased from 11 percent to 58 percent. This increase was largely driven by state and local mandates that required most Medicaid recipients to enroll in an MMC plan....

Persistent link: https://www.econbiz.de/10009223315

An Institutional Theory of Public Contracts: Regulatory Implications

spiller, pablo t. - National Bureau of Economic Research (NBER) - 2008

The fundamental feature of private contracting is its relational nature. When faced with unforeseen or unexpected circumstances, private parties, as long as the relation remains worthwhile, adjust their required performance without the need for costly renegotiation or formal recontracting....

Persistent link: https://www.econbiz.de/10005714643

Public Radio in the United States: Does It Correct Market Failure or Cannibalize Commercial Stations?

Berry, Steven; Waldfogel, Joel - National Bureau of Economic Research (NBER) - 1997

Radio signals are pure public goods whose total value to society is the sum of their value to advertisers and listeners. Because broadcasters can capture only part of the value of their product as revenue, there is the potential for a classic problem of underprovision. Small markets have much...

Persistent link: https://www.econbiz.de/10005718522

Ownership versus Environment: Why are Public Sector Firms Inefficient?

Harrison, Ann E.; Bartel, Ann P. - National Bureau of Economic Research (NBER) - 1999

In this paper we disentangle the sources of public sector inefficiency using 1982-1995 panel data on manufacturing firms in Indonesia. We consider two leading hypotheses: (1) public sector enterprises are inefficient due to monitoring problems and (2) public sector enterprises are inefficient...

Persistent link: https://www.econbiz.de/10005720186

Contracting for Government Services: Theory and Evidence from U.S. Cities

Levin, Jonathan; Tadelis, Steven - National Bureau of Economic Research (NBER) - 2007

Local governments can provide services with their own employees or by contracting with private or public sector providers. We develop a model of this "make-or-buy" choice that highlights the trade-off between productive efficiency and the costs of contract administration. We construct a dataset...

Persistent link: https://www.econbiz.de/10005830392

Testing Limits to Policy Reversal: Evidence from Indian Privatizations

Dastidar, Siddhartha G.; Fisman, Raymond; Khanna, Tarun - National Bureau of Economic Research (NBER) - 2007

We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP … slated for definite privatization by the BJP dropped by 3.5 percent relative to private firms. Surprisingly, government …-controlled companies that were only under study for possible privatization fell by 7.5 percent relative to private firms. We interpret this …

Persistent link: https://www.econbiz.de/10005830631

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