Showing 1 - 10 of 1,130
In this research we advance a theory to explain the distributive politics under an institutionalized single-party regime. We argue that the need of support from below, and therefore the need of support-buying, varies with the degree of power concentration among the authoritarian leadership....
Persistent link: https://www.econbiz.de/10012959265
This paper documents the clientelism in anti-corruption investigations across the interpolitician network in the context of China. Patronage connections to highly ranked politicians (i.e., Politburo of the Communist Party of China) make local politicians less likely to be investigated and...
Persistent link: https://www.econbiz.de/10012851655
discuss their implications for future SOE reform in China. It argues that SOE reform is part of the CCP's effort to rebuild …
Persistent link: https://www.econbiz.de/10013027027
Chinese state capitalism has been treated as essentially synonymous with state-owned enterprises (“SOEs”). But drawing a stark distinction between SOEs and privately owned enterprises (“POEs”) misperceives the reality of China's institutional environment and its impact on the formation...
Persistent link: https://www.econbiz.de/10013033935
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...
Persistent link: https://www.econbiz.de/10012895544
Income inequality in China is severe; measured by the Gini-coefficient it amounted to 0.46 in 2011; wealth distribution is even worse with 0.61. These disparities led to a major shift in emphasis of politics in general and of the Five-Year Plan for National Economic and Social Development by the...
Persistent link: https://www.econbiz.de/10009526191
China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … conventional institutions such as rule of law and secure private property rights is puzzling. To understand how reform works in a … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …
Persistent link: https://www.econbiz.de/10005207885
The notion of policy experimentation was proposed to explain China’s adaptability in policy-making process. Heilmann (2008a) proposed ‘decentralised experimentation with ad hoc interference’ as the central feature of policy experimentation. Through installing ‘experimental points’ at...
Persistent link: https://www.econbiz.de/10014170927
We examine the different effects of corporate political activity on financing constraints for state-owned and private enterprises. We find that corporate political activity can help private enterprises overcome ownership discrimination in the credit market, and the positive effect is conditional...
Persistent link: https://www.econbiz.de/10014149147
, wherein the fulfillment of surging demands for redistribution is largely dependent on whether or not the political elites will … advocate for redistribution. Using data from the Chinese General Social Survey, we find that the political elites prefer … redistribution. Accounting for covariate differences fully explains the gap in preference for progressive taxation, but not the gap …
Persistent link: https://www.econbiz.de/10013290895