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 governments will react to the attrition of power: the...