Despite a dramatic rise in the instances of anti-dumping (AD) duties, their impact on the targeted firms is not clear. Using detailed firm level data we find robust evidence that the US AD duty led to over 12 (or five) percent decrease in labor productivity (or TFP) of targeted Chinese firms. We...

We provide firm level empirical evidence that the presence of foreign direct investment (FDI) has positively affected the institutional quality of the host regions in China. Specifically, Chinese domestic firms located in regions with a higher level of FDI tend to enjoy a lower level of tax and...

Summary Previous studies have primarily focused on the relative success of collectively owned enterprises (COEs) in China during the early years of reform, but they have ignored the agency problems inherent in this type of organizational form that may be an obstacle to further improving...