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Causes of the Soft Budget Constraint: Evidence on Three Explanations

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  • Li, David D.
  • Liang, Minsong
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    Article provided by Elsevier in its journal Journal of Comparative Economics.

    Volume (Year): 26 (1998)
    Issue (Month): 1 (March)
    Pages: 104-116

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    Handle: RePEc:eee:jcecon:v:26:y:1998:i:1:p:104-116

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    Web page: http://www.elsevier.com/locate/inca/622864

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    Cited by:
    1. J�nos Kornai & Eric Maskin & G�rard Roland, 2003. "Understanding the Soft Budget Constraint," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 41(4), pages 1095-1136, December.
    2. Roller, Lars-Hendrik & Zhang, Zhentang, 2005. "Bundling of social and private goods and the soft budget constraint problem," Journal of Comparative Economics, Elsevier, Elsevier, vol. 33(1), pages 47-58, March.
    3. Coricelli, Fabrizio & Djankov, Simeon, 2001. "Hardened Budgets and Enterprise Restructuring: Theory and an Application to Romania," Journal of Comparative Economics, Elsevier, Elsevier, vol. 29(4), pages 749-763, December.
    4. Vahabi, Mehrdad, 2003. "La contrainte budgétaire lâche et la théorie économique
      [Soft Budget Constraint and Economic Theory]
      ," MPRA Paper 17651, University Library of Munich, Germany.
    5. Kornai, János & Maskin, Eric & Roland, Gérard, 2004. "A puha költségvetési korlát I
      [The soft budget constraint I]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 608-624.
    6. Bignebat, C. & Gouret, F., 2006. "Which Firms Have a Soft Loan ? Managers' Believes in a Cross-Country Survey in Transition Economies," Working Papers MOISA, UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro, IRD - Montpellier, France 200603, UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro, IRD - Montpellier, France.
    7. Alan A. Bevan & Saul Estrin, 2000. "The Determinants of Foreign Direct Investment in Transition Economies," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan 342, William Davidson Institute at the University of Michigan.
    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, Chinese University of Hong Kong, Department of Economics 00008, Chinese University of Hong Kong, Department of Economics.
    9. Kornai, János, 2000. "A költségvetési korlát megkeményítése a posztszocialista országokban
      [Hardening of the budget constraint in the post-socialist countries]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-22.
    10. Lubomir Lizal & Evzen Kocenda, 2000. "Corruption and Anticorruption in the Czech Republic," William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan 345, William Davidson Institute at the University of Michigan.
    11. Zheng, Jinghai & Liu, Xiaxuan & Bigsten, Arne, 2000. "Efficiency, Technical Progress, and Best Practice in Chinese State Enterprises (1980-1994)," Working Papers in Economics, University of Gothenburg, Department of Economics 30, University of Gothenburg, Department of Economics.
    12. Li, Lixing, 2008. "Employment burden, government ownership and soft budget constraints: Evidence from a Chinese enterprise survey," China Economic Review, Elsevier, Elsevier, vol. 19(2), pages 215-229, June.
    13. Kornai, Janos, 2001. "Hardening the budget constraint: The experience of the post-socialist countries," European Economic Review, Elsevier, Elsevier, vol. 45(9), pages 1573-1599, October.
    14. Celine Bignebat & Fabian Gouret, 2008. "Determinants and consequences of soft budget constraints: an empirical analysis using enterprise-level data in transition countries," Working Papers, Institut National de la Recherche Agronomique, France 23842, Institut National de la Recherche Agronomique, France.

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