An important school of thought in institutional economics (the quot;Rights Hypothesisquot;) holds that economic growth requires a legal order offering stable and predictable rights of property and contract because the absence of such rights discourages investment and specialization. Without the...

In many ways, China is the new frontier for entrepreneurship; perceived to be: a logical primary source of economical manufacturing, raw materials, component parts, and as a major end market. China may also represent the most likely future competition for many American industries as well as our...

This paper examines the formation of property rights in Qing China and Tokugawa Japan with a focus on rice market development. Both nations’ citizens eat rice and rulers in both nations view rice as one of the nation’s most significant strategic resources. However, by the end of 18th...

Much has been written on the relationship of China and Africa in the past decade. However, the subject of Chinese migrant entrepreneurs in Africa and their articulation with African counterparts was little explored up to the early 2010s. Apparently, this research gap has been closed, as shown by...

Much has been written on the relationship of China and Africa in the past decade. However, the subject of Chinese migrant entrepreneurs in Africa and their articulation with African counterparts was little explored up to the early 2010s. Apparently, this research gap has been closed, as shown by...

China developed without clear entitlements, creating the China Puzzle for law and development theorists. But fundamental statutes regarding contract, torts, and property have been enacted by now. Will clear delineation of private rights drive China's future development? The answer largely...

The document contains the Introduction chapter to "Private Law in China and Taiwan: Economic and Legal Anaylses", Cambridge University Press, 2016. Editors: Yun-chien Chang, Wei Shen, Wen-yeu Wang. The book covers contract, torts, property, and business organization laws in China and Taiwan. The...

Autocratic policy-making processes have been under studied both theoretically and empirically, while most literature on autocracies has assumed them to have a monolithic and top-down nature. This paper seeks to remedy this deficiency by focusing on logrolling among interest groups in fragmented...

This study attempts a first causal examination of the role of state capacity in China's economic performance. Effective state capacity connotes not just ability to extract tax from citizens but also the ability to convert taxes into public investment. Equally importantly, these capacities must...

This article empirically investigates the impacts of the board’s rejection of shareholder proposals on corporate value and the appropriate approach to regulation. Using a hand-collected dataset on shareholder-proposal-rejection incidents in China, I find that a rejection decision would on...