This research explores the political factors that determined the spatial variations of the private economic development of Zhejiang province in China after 1949. I argue that even in an authoritarian country, when political elites are divided into competing groups and there are fierce political...

What determines the dynamic patterns of local public investment in authoritarian countries? We analyze a unique dataset that matches public-private partnership (PPP) projects with Chinese mayors who served from 2010 to 2017, and document a robust tenure effect in public investment. Mayors...

The advancement of the study of time poverty in the field of organizational behavior has been stymied by the lack of a validated time poverty measure. We proposed a new way of seeing freely disposable time by introducing the concept of perceived time poverty, distinguish it from related...

In any authoritarian hierarchical organization, there is an eternal conflict between the leader and his subordinates: the leader must ensure that he control the power to avoid losing his throne due to the challenge from those capable subordinates, while the latter try their utmost to seize as...

Using a large, unique county‐level panel dataset for China from 1998 to 2006, this paper investigates the relationship between local governments' fiscal pressure and their preference for developing polluting industries. The results show that there exist fiscal pressure effects; namely, a...

We examine how information risk and transaction costs influence the initial and subsequent market reaction to earnings news. We find that the initial market reaction is higher per unit of earnings surprise for higher information risk firms (information content effect). Furthermore, it is...

A government’s state capacity strength has a bearing on not only how much revenue it can extract but also on how it extracts revenues. Based on China’s local economic development experience since the 1990s, we draw on two unique household survey datasets to measure county-level local state...

The first purpose of this paper is to assess the short-run forecasting capabilities of two competing financial duration models. The forecast performance of the Autoregressive Conditional Multinomial–Autoregressive Conditional Duration (ACM-ACD) model is better than the Asymmetric...

Until present, the investigations on Shanghai ground mainly focused on upper clays, namely Layers 2~6, generally within 30~40 m depth. The knowledges on deep clays of Layer 8 and Layer 10, approximately 50 m and 100 m depth respectively, are very limited. In this paper, detailed geotechnical...

To design a set of suitable drip irrigation strategies for tomato production, an experiment was laid out in a randomized complete-block design, with combinations of three drip irrigation frequencies (once/day, 3 times/day, and 5 times/day) and two drip irrigation times. Six treatments were...