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This chapter contrasts the process of urbanization in China and in India. It characterizes the differences in outcomes … levels of informality in urban real estate and labor markets. In China, incentives for local urban growth, combined with the … challenges faced by China and India in managing their continued urban growth …
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contribute to Chinese urbanization. Finally, we show that better institutions in Concessions facilitated the emergence of modern …
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This paper studies the persistent impact of good institutions on economic development in China. By exploiting a British …-driven institutional switch in part of China's customs stations in 1902, I find that counties that were more affected by the British … customs institutions are also better developed today. Moreover, I show that the institutional switch was exogenous to the pre …
Persistent link: https://www.econbiz.de/10012140485
This paper studies the persistent impact of good institutions on economic development in China. By exploiting a British …-driven institutional switch in part of China's customs stations in 1902, I find that counties that were more affected by the British … customs institutions are also better developed today. Moreover, I show that the institutional switch was exogenous to the pre …
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