Harris, Richard I. D.; Hashimzade, Nigar; Ding, Sai - 2016
Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian …-type model of growth with managerial time allocation between productive activities and building up political connections. The …, and total factor productivity (TFP) using firm-level data for China between 1998 and 2007. We find, consistent with the …