Zhang, Jian; Mohapatra, Sandeep; Boucher, Steve; … - In: Journal of Chinese Economic and Business Studies 7 (2009) 3, pp. 321-339
With the rise of the private sector in rural China, power has been shifting from the hands of local government … officials to the hands of entrepreneurs. In this situation, economic theory offers two opposing predictions regarding how local … 2500 villages in rural China. Our findings provide strong support for the economic losers hypothesis - local governments …