Showing 1 - 10 of 16
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
China is now the world's largest destination of foreign direct investment (FDI), despite assessments highlighting its … institutional deficiencies. But this FDI inflow corresponds closely to predicted FDI flows into China from a model that predicts FDI …-institution countries. The only real discrepancy is that, if government quality is measured by constraints on executive power, China …
Persistent link: https://www.econbiz.de/10012552655
development in China, as it has in countries with higher levels of private sector development …
Persistent link: https://www.econbiz.de/10012570773
Hayek argues that local knowledge is a key for understanding whether production should be decentralized. This paper tests Hayek’s predictions by examining the causes of the Chinese government’s decision to decentralize state-owned enterprises. Since the government located closer to a...
Persistent link: https://www.econbiz.de/10012571806
This paper uses a new data set of 12,000 firms in China to estimate the returns to research and development investment …
Persistent link: https://www.econbiz.de/10012571930
Parental involvement in matchmaking may distort the choice of spouse because parents are willing to substitute love for market and household production, which are more sharable between parents and their children. This paper finds supportive evidence in a survey of Chinese couples. In both rural...
Persistent link: https://www.econbiz.de/10012571934
While parental matchmaking has been widespread throughout history and across countries, we know little about the relationship between parental matchmaking and marriage outcomes. Does parental involvement in matchmaking help ensure their needs are better taken care of by married children? This...
Persistent link: https://www.econbiz.de/10012456093
Using a sample of households in 48 Chinese villages for the period 1986-2002, this paper studies the dynamic effects of major health shocks on household income and the role played by village elections in mitigating these effects. Our results show that in the first 15 years after a shock, a...
Persistent link: https://www.econbiz.de/10012465975
Entertainment and Travel Costs (ETC) is a standard expenditure item for Chinese firms with an annual amount equal to about 20 percent of total wage bills. We use this objective accounting measure as a basis to analyze the composition of ETC and the effect of ETC on firm performance. We rely on...
Persistent link: https://www.econbiz.de/10012467085
This paper uses data from a large survey of Chinese firms to investigate whether local government efforts to facilitate market development improve firm efficiency. Both government provision of information about products, markets, and innovation and government assistance in arranging loans are...
Persistent link: https://www.econbiz.de/10012560796