characterizes China's state sector. The model demonstrates the nature of the bargain between the principals (i.e., officials from … China's State Asset Council) and the agents (large-SOE managers). We derive an indifference payoff point, which maximizes … party in the game. This condition helps to explain the inability of China's political economy system to privatize …

of large state-owned enterprises (SOEs) in China. Our model shows that the delegation of decision making authority to SOE … of the party-committee control within large SOEs in China …

explore an optimal strategy for state-owned enterprise (SOE) reforms in China. We argue that ceteris paribus the current … illnesses of low efficiency and rent-seeking commonly suffered by China's state-owned sector can be cured by a two …

distortion of large SOEs in China by using the Chinese firm-level panel data. We construct a theoretical model to show that the …

The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …

The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China's phenomenal growth is correct, then WTO membership is a …

China is often cited as a ... …

This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After …

This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …

This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …