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This paper studies insider privatization in transition economies. We show theoretically that the underperformance of insider-privatized firms could be due to the manager-cum-owner's lack of incentives after privatization. A screening theory predicts that a firm's postprivatization incentives...
Persistent link: https://www.econbiz.de/10014107516
This paper studies insider privatization in rural China and provides an explanation of why some firms have performed … the buyout price and postprivatization incentives. Drawing on data we collected in China, we find evidence supporting the …
Persistent link: https://www.econbiz.de/10014066983
In this paper, our overall goal is to understand how effective access to infrastructure is in reducing poverty in PNG. To meet this goal, we examine poverty in PNG, and seek to show the relationship between poverty and access to infrastructure and then identify the determinants of poverty. In...
Persistent link: https://www.econbiz.de/10014107866
The supermarket revolution has arrived in China and is spreading as fast as or faster than anywhere in the world. As … communities in the Greater Beijing area, we find small and poor farmers have actively participate in the emergence of China … the paper we document seven characteristics of China's food economy that we believe account for this unique set of …
Persistent link: https://www.econbiz.de/10005805110
The emergence of China as an economic power is one of the miracle growth stories of the last part of the 20th century …). In fact, by the end of 2007 China had achieved many of its Millennium Development Goals (MDGs). …
Persistent link: https://www.econbiz.de/10009144987
The overall aim of the present paper is to better understand the evolution of tubewell ownership in the North China … also show that the privatisation of tubewells has affected cropping patterns in the North China Plain. When villages shift …
Persistent link: https://www.econbiz.de/10009398733
Purpose – With the rise in the opportunity to go to college, the purpose of this paper is to identify if China's rural …
Persistent link: https://www.econbiz.de/10009319737