resources after the "grabbing-the-big-and-letting-go-the-small" privatization program in China. Firms with government … behavior and financing conditions, and provide further evidence on the nature of the misallocation of credit by China …

, likely the engine for innovation in the coming years in China, are especially financially constrained, due perhaps to the …-the-big-and-letting-go-the-small' privatization program in China. Our empirical results suggest that government connections play an important role in explaining … Chinese firms' financing conditions, and provide further evidence on the nature of the misallocation of credit by China …

resources after the "grabbing-the-big-and-letting-go-the-small" privatization program in China. Firms with government … behavior and financing conditions, and provide further evidence on the nature of the misallocation of credit by China …

resources after the "grabbing-the-big-and-letting-go-the-small" privatization program in China. Firms with government … behavior and financing conditions, and provide further evidence on the nature of the misallocation of credit by China …

requirements in China. This paper finds that Chinese cities whose top officials were older than age 58 were 20 percent less likely … 1990s. Relying on the regression discontinuity design, the analysis finds that privatizations led to productivity gains of …-varying selectivity of privatizations and highlight the crucial role that state-owned enterprise privatizations played in China's economic …