Similar Search Results

Institutions and Foreign Investment : China versus the World

Fan, Joseph P.H. - 2007

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

Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting

Barwick, Panle Jia; Li, Shanjun; Waxman, Andrew R.; Wu, Jing - National Bureau of Economic Research - 2021

We estimate an equilibrium model of residential sorting with endogenous traffic congestion to evaluate the efficiency and equity impacts of urban transportation policies. Leveraging fine-scale data on household travel diaries and housing transactions with home and work locations in Beijing, we...

Persistent link: https://www.econbiz.de/10012599302

Understanding the Resurgence of the SOEs in China : Evidence from the Real Estate Sector

Fang, Hanming; Wu, Jing; Zhang, Rongjie; Zhou, Li-An - National Bureau of Economic Research - 2022

We advance a novel hypothesis that China's recent anti-corruption campaign may have contributed to the recent … resurgence of the state-owned enterprises (SOEs) in China as an unintended consequence. We explore the nexus between the anti …

Persistent link: https://www.econbiz.de/10012814463

Spatial Misallocation in Chinese Housing and Land Markets

Deng, Yongheng - 2020

Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and …

Persistent link: https://www.econbiz.de/10012481813

Evaluating Conditions in Major Chinese Housing Markets

Wu, Jing - 2010

High and rising prices in Chinese housing markets have attracted global attention, as well as the interest of the Chinese government and its regulators. Housing markets look very risky based on the stylized facts we document. Price-to-rent ratios in Beijing and seven other large markets across...

Persistent link: https://www.econbiz.de/10012462467

Health Shocks, Village Elections, and Long-Term Income : Evidence from Rural China

Gan, Li - 2006

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

Eat, Drink, Firms and Government : An Investigation of Corruption from Entertainment and Travel Costs of Chinese Firms

Cai, Hongbin - 2005

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