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March 1999 <p> Second generation theories of federalism extend traditional approaches by systematically studying the role of government incentives in economic performance. Providing government with the incentive to promote markets is especially acute for developing economies or those in transition...</p>
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November 1997, Revised March 1998 (forthcoming, Quarterly Journal of Economics) <p> Why are many of China's successful rural enterprises publically owned by local communities? Using a set of provincial data, we find that the share of community public firms (Township-Village Enterprises, or TVEs)...</p>
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