This paper employs a new empirical approach to estimate the impact of subsidies on growth and productivity. Our key innovation is to use local political leader geographic rotation as a source of exogenous variation. By using Chinese Industrial Census data from 1999 to 2013, we find that more...

Since 2004, China's industrial land price has remained constant while other land prices in China have increased to about six times their 2004 levels. This paper measures the degree of industrial land subsidy to a firm using the ratio of the market value of land in the neighborhood to the price...

How will China transform its economy from middle income to high income country in the coming decades? While economists spend large amounts of time studying debt and demographic challenges, I will take a wider approach to the structural challenges facing China needing to remake society from a...

We explore the nature of two of the world's largest sovereign wealth funds (SWFs) by making sense of two of their controversial investments in US financial institutions. Drawing on core Benjaminian themes, we present an alternative view to purely financial accounts of those investments in terms...

Two important areas are underexplored in the relationship between marketing resources and performance. First, the subject has been primarily investigated in the context of Western countries, and inadequate attention has been given to emerging economies. Second, despite the recent growth in...

This study uncovers the ignored role of institutional environment for marketing strategy and customer relationship management. Hypothesis tests in a sample of Chinese firms find support that channel networking strengthens the customer orientation - customer trust/commitment - firm performance...

This study examines two issues which have challenged prior experimental or survey research: (1) whether the time-varying effects of service recovery on customer satisfaction may follow a long decay or short decay and (2) why and what service recovery efforts have a higher and quicker buildup,...

This special issue is dedicated to examining some current issues in international HRM; it contributes mainly to the field of HRM in the multinational enterprise. However, it clearly also draws on knowledge from cross-cultural IHRM. The guest editors have identified three topics that have gained...

This special issue is dedicated to examining some current issues in international HRM; it contributes mainly to the field of HRM in the multinational enterprise. However, it clearly also draws on knowledge from cross-cultural IHRM. The guest editors have identified three topics that have gained...

With the end of China's 11th Five-Year Plan approaching, this paper analyzes sub-national governments' implementation strategies to meet national energy efficiency targets. Previous research focuses on the way governance practices and decision-making structures shape implementation outcomes, yet...