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The soft budget constraint in China

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  • Yingyi, Qian
  • Roland, Gerard

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  • Yingyi, Qian & Roland, Gerard, 1996. "The soft budget constraint in China," Japan and the World Economy, Elsevier, vol. 8(2), pages 207-223, June.
  • Handle: RePEc:eee:japwor:v:8:y:1996:i:2:p:207-223
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    References listed on IDEAS

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    1. Wildasin, David E., 1988. "Nash equilibria in models of fiscal competition," Journal of Public Economics, Elsevier, vol. 35(2), pages 229-240, March.
    2. Qian, Yingyi & Roland, Gérard, 1994. "Regional Decentralization and the Soft Budget Constraint: The Case of China," CEPR Discussion Papers 1013, C.E.P.R. Discussion Papers.
    3. János Kornai, 2014. "The soft budget constraint," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 64(supplemen), pages 25-79, November.
    4. Andrei Shleifer & Robert W. Vishny, 1994. "Politicians and Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 995-1025.
    5. Yingyi Qian & Chenggang Xu, 1993. "Why China's economic reforms differ: the M‐form hierarchy and entry/expansion of the non‐state sector," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(2), pages 135-170, June.
    6. McMillan, John & Naughton, Barry, 1992. "How to Reform a Planned Economy: Lessons from China," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 8(1), pages 130-143, Spring.
    7. M. Dewatripont & E. Maskin, 1995. "Credit and Efficiency in Centralized and Decentralized Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(4), pages 541-555.
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    Cited by:

    1. Yasuyuki Todo & Tomohiko Inui & Yuan Yuan, 2014. "Effects of Privatization on Exporting Decisions: Firm-level Evidence from Chinese State-owned Enterprises," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 536-555, December.
    2. Mathilde Maurel & Thomas Pernet-Coudrier, 2020. "New Evidence on the Soft Budget Constraint: Chinese Environmental Policy Effectiveness in Private versus SOEs," Post-Print halshs-02469382, HAL.
    3. Mathilde Maurel & Thomas Pernet, 2021. "New evidence on the soft budget constraint: Chinese environmental policy effectiveness in SOE-dominated cities," Public Choice, Springer, vol. 187(1), pages 111-142, April.
    4. Kothenburger, Marko, 2007. "Ex-post redistribution in a federation: Implications for corrective policy," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 481-496, April.
    5. Li, Ji Feng & Wang, Xin & Zhang, Ya Xiong & Kou, Qin, 2014. "The economic impact of carbon pricing with regulated electricity prices in China—An application of a computable general equilibrium approach," Energy Policy, Elsevier, vol. 75(C), pages 46-56.
    6. Zheng, Shilin & Ward, Michael R., 2011. "The effects of market liberalization and privatization on Chinese telecommunications," China Economic Review, Elsevier, vol. 22(2), pages 210-220, June.
    7. Yuan, Hang & Wang, Kun & Yang, Hangjun, 2022. "Rail's efficiency gain by separating affiliated businesses and its impact on product mix of export by rail," Transport Policy, Elsevier, vol. 115(C), pages 126-140.
    8. Hongbin Li & Weiying Zhang & Li-An Zhou, 2005. "Ownership, Efficiency, and Firm Survival in Economic Transition: Evidence from a Chinese Science Park," Discussion Papers 00008, Chinese University of Hong Kong, Department of Economics.
    9. Nadeem, Muhammad & Hayat, Muhammad Azmat & Nazir, Rabia, 2014. "Exploring Interlinks between Globalization and Governance: A Panel Data Evidence," MPRA Paper 61337, University Library of Munich, Germany.
    10. Marc Audi & Amjad Ali & Razan Al-Masri, 2022. "Determinants of Advancement in Information Communication Technologies and its Prospect under the role of Aggregate and Disaggregate Globalization," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 69(2), pages 191-215, June.
    11. Argüello, Ricardo, 2014. "Sectoral and Food Security Impacts of Agricultural Policy Adjustments in Colombia," Conference papers 332553, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Li, Jifeng & Cai, Songfeng & Yaxiong, Zhang, 2013. "Development of a Shanghai CGE model and the application on forecasting the power demand in Shanghai," Conference papers 332297, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Jin, Man & Zhao, Shunan & Kumbhakar, Subal C., 2019. "Financial constraints and firm productivity: Evidence from Chinese manufacturing," European Journal of Operational Research, Elsevier, vol. 275(3), pages 1139-1156.
    14. Yixuan Duan & Yu Kang, 2022. "Research on Competitive Neutrality of SOEs with Special Functions in China," Sustainability, MDPI, vol. 14(13), pages 1-18, June.
    15. Xuhong Su & Kelan Lu & Xiangming Hu & Yuqiong Xiang, 2019. "Reforms on county-level fiscal governance in China: impact on urban-rural income inequality," International Review of Public Administration, Taylor & Francis Journals, vol. 24(2), pages 81-100, April.
    16. Andersson, Fredrik, 2004. "A Trickle-Down Theory of Incentives with Applications to Privatization and Outsourcing," Working Papers 2004:13, Lund University, Department of Economics.
    17. Aivazian, Varouj A. & Ge, Ying & Qiu, Jiaping, 2005. "Can corporatization improve the performance of state-owned enterprises even without privatization?," Journal of Corporate Finance, Elsevier, vol. 11(5), pages 791-808, October.
    18. Claudio Djissey Shikida IBMEC-MG, 2003. "Could we build a bridge between Austrian Economics and New Institutional Economics? A Pré-History of the Soft Budget Constraint," Method and Hist of Econ Thought 0307002, University Library of Munich, Germany.
    19. Ward, Michael R. & Zheng, Shilin, 2012. "Mobile and fixed substitution for telephone service in China," Telecommunications Policy, Elsevier, vol. 36(4), pages 301-310.
    20. Zhu, Mengye & Qi, Ye & Belis, David & Lu, Jiaqi & Kerremans, Bart, 2019. "The China wind paradox: The role of state-owned enterprises in wind power investment versus wind curtailment," Energy Policy, Elsevier, vol. 127(C), pages 200-212.
    21. Liu, Tung & Li, Kui-Wai, 2001. "Impact of liberalization of financial resources in China's economic growth: evidence from provinces," Journal of Asian Economics, Elsevier, vol. 12(2), pages 245-262.
    22. Karen Eggleston & Yu-Chu Shen & Mingshan Lu & Congdong Li & Jian Wang & Zhe Yang & Jing Zhang, 2009. "Soft budget constraints in China: Evidence from the Guangdong hospital industry," International Journal of Health Economics and Management, Springer, vol. 9(2), pages 233-242, June.

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