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This paper examines the role of firms'government connections, defined by government intervention in the appointments of Chief Executive Officers and the status of state ownership, in determining the severity of financial constraints faced by Chinese firms. In line with the previous literature,...
Persistent link: https://www.econbiz.de/10010829634
This paper uses data from a large survey of Chinese firms to investigate whether local government efforts to facilitate market development improve firm efficiency. Both government provision of information about products, markets, and innovation and government assistance in arranging loans are...
Persistent link: https://www.econbiz.de/10010829677
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10010829787
This paper uses a unique natural experiment in Chinese villages to investigate whether access to telecommunications-- in particular, landline phones -- increases the likelihood of outmigration. By using regional and time variations in the installation of landline phones, the...
Persistent link: https://www.econbiz.de/10010829866
Many recent studies have looked at the macroeconomic, cultural and institutional determinants of corruption at the cross-national level. This study complements these existing cross-country studies by focusing on firm-level evidence of microeconomic factors affecting bribes paid in a single...
Persistent link: https://www.econbiz.de/10011335755
Persistent link: https://www.econbiz.de/10012095516
We examine the role of firms' government connections, defined by government intervention in CEO appointment and the status of state ownership, in determining the severity of financial constraints faced by Chinese firms. We demonstrate that government connections are associated with substantially...
Persistent link: https://www.econbiz.de/10011269077
This paper examines the patterns and determinants of the labor restructuring process in China using two large firm-level datasets for the period between 1998 and 2002. We find that the public sector has undergone substantial labor retrenchment. The removal of employment guarantees for state...
Persistent link: https://www.econbiz.de/10004973413
The causes and consequences of foreign direct investment (FDI) in developing countries remains a subject of debate among researchers and policymakers alike. The authors use international data and a new micro-data set of firms in thirteen Southern African Developing Countries (SADCs) to...
Persistent link: https://www.econbiz.de/10008519805
In the past decade, the World Bank has promoted improving business environments as a key strategy for development, which has resulted in a significant amount of investment in collecting firm-level investment climate surveys across countries. What lessons have emerged from the papers using these...
Persistent link: https://www.econbiz.de/10008483772