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Yijiang Wang

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Chi, Wei & Wang, Yijiang, 2007. "Ownership, Performance and Executive Turnover," MPRA Paper 3545, University Library of Munich, Germany.

    Cited by:

    1. Xuegang Cui & Lei Xu & Huili Zhang & Yuxiao Zhang, 2021. "Executive compensation and firm performance: Evidence from cross‐listed AH‐share firms," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 88-102, January.
    2. Zhong, Ruohan & Li, Yanxi & Wang, Yun, 2021. "Multiple large shareholders, control contests, and forced CEO turnover," Emerging Markets Review, Elsevier, vol. 48(C).
    3. Liu, Xiaoyan & Zhao, Rui & Guo, Mengmeng, 2023. "CEO turnover, political connections, and firm performance: Evidence from China," Emerging Markets Review, Elsevier, vol. 55(C).
    4. Pessarossi, Pierre & Weill, Laurent, 2012. "Does CEO turnover matter in China? Evidence from the stock market," BOFIT Discussion Papers 21/2012, Bank of Finland Institute for Emerging Economies (BOFIT).
    5. Iwasaki, Ichiro & Ma, Xinxin & Mizobata, Satoshi, 2019. "Corporate Ownership and Managerial Turnover in China and Eastern Europe: A Comparative Meta-Analysis," CEI Working Paper Series 2019-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    6. Fawad Rauf & Cosmina L. Voinea & Khwaja Naveed & Cosmin Fratostiteanu, 2021. "CSR Disclosure: Effects of Political Ties, Executive Turnover and Shareholder Equity. Evidence from China," Sustainability, MDPI, vol. 13(7), pages 1-18, March.
    7. Loukil, Nadia & Yousfi, Ouidad, 2010. "Does corporate governance affect stock liquidity in the Tunisian Stock Market?," MPRA Paper 28697, University Library of Munich, Germany, revised Feb 2011.
    8. Chi, Wei & Zhang, Haiyan, 2010. "Are stronger executive incentives associated with cross-listing? Evidence from China," China Economic Review, Elsevier, vol. 21(1), pages 150-160, March.

  2. Chong-En Bai & David D. Li & Zhigang Tao & Yijiang Wang, 2001. "A Multi-Task Theory of the State Enterprise Reform," William Davidson Institute Working Papers Series 367, William Davidson Institute at the University of Michigan.

    Cited by:

    1. Wei, Lang & Zhang, Yiling, 2023. "Nonfinancial indicators in identifying stock price crash risk," Finance Research Letters, Elsevier, vol. 52(C).
    2. Ying Hao & Jing Lu, 2018. "The Impact of Government Intervention on Corporate Investment Allocations and Efficiency: Evidence from China," Financial Management, Financial Management Association International, vol. 47(2), pages 383-419, June.
    3. Peng, Fei & Kang, Lili & Jiang, Jun, 2011. "Selection and institutional shareholder activism in Chinese acquisitions," MPRA Paper 38701, University Library of Munich, Germany.
    4. Huang, Xianfeng & Li, Ping & Lotspeich, Richard, 2010. "Economic growth and multi-tasking by state-owned enterprises: An analytic framework and empirical study based on Chinese provincial data," Economic Systems, Elsevier, vol. 34(2), pages 160-177, June.
    5. Tyrone M. Carlin & Cuong Duc Pham, 2009. "From Public To Private: Evidence From a Transitional Economy Setting," Australian Accounting Review, CPA Australia, vol. 19(3), pages 207-216, September.
    6. Su, Dongwei, 2005. "Corporate finance and state enterprise reform in China," China Economic Review, Elsevier, vol. 16(2), pages 118-148.
    7. Jiang, Kun & Wang, Susheng, 2017. "A contractual analysis of state versus private ownership," China Economic Review, Elsevier, vol. 43(C), pages 142-168.
    8. Shujun Ding & Chunxin Jia & Zhenyu Wu, 2016. "Mutual Fund Activism and Market Regulation During the Pre-IFRS Period: The Case of Earnings Informativeness in China from an Ethical Perspective," Journal of Business Ethics, Springer, vol. 138(4), pages 765-785, November.
    9. Lin, Gan & Takahashi, Yoshifumi & Nomura, Hisako & Yabe, Mitsuyasu, 2022. "Policy incentives, ownership effects, and firm productivity—Evidence from China’s Agricultural Leading Firms Program," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 845-859.
    10. Chi, Wei & Wang, Yijiang, 2009. "Ownership, performance and executive turnover in China," Journal of Asian Economics, Elsevier, vol. 20(4), pages 465-478, September.
    11. Causevic, Senija & Lynch, Paul, 2013. "Political (in)stability and its influence on tourism development," Tourism Management, Elsevier, vol. 34(C), pages 145-157.
    12. Lu, Jiangyong & Tao, Zhigang, 2007. "Trends and Determinants of China’s Industrial Agglomeration," MPRA Paper 6597, University Library of Munich, Germany.
    13. Lin, Mi & Kwan, Yum K., 2014. "FDI Spatial Spillovers in China," MPRA Paper 60754, University Library of Munich, Germany.
    14. Qian, Nancy & , & Iyer, Lakshmi & Zhao, Xiaoxue, 2014. "Economic Transition and Private-Sector Labor Demand: Evidence from Urban China," CEPR Discussion Papers 9794, C.E.P.R. Discussion Papers.
    15. Chen, Christopher Chao-hung & Guo, Re-Jin & Lin, Lauren Yu-Hsin, 2023. "The effect of political influence on corporate valuation: Evidence from party-building reform in China," International Review of Law and Economics, Elsevier, vol. 73(C).
    16. Li, Lixing, 2008. "Employment burden, government ownership and soft budget constraints: Evidence from a Chinese enterprise survey," China Economic Review, Elsevier, vol. 19(2), pages 215-229, June.
    17. Zhou, William Chongyang & Yan, Daying & Sun, Sunny Li, 2022. "Climbing the Ladder: Inward Sourcing as an Upgrading Capability in Global Value Chains," Research Policy, Elsevier, vol. 51(3).
    18. Bai, Chong-En & Lu, Jiangyong & Tao, Zhigang, 2009. "How does privatization work in China?," Journal of Comparative Economics, Elsevier, vol. 37(3), pages 453-470, September.
    19. Ghosh, Madanmohan & Whalley, John, 2008. "State owned enterprises, shirking and trade liberalization," Economic Modelling, Elsevier, vol. 25(6), pages 1206-1215, November.
    20. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2016. "A rational path towards a Pareto optimum for reforms of large state-owned enterprise in China, past, present and future," Economic History Working Papers 67019, London School of Economics and Political Science, Department of Economic History.
    21. Chen, Fengqin & Huyghebaert, Nancy & Lin, Sen & Wang, Lihong, 2019. "Do multiple large shareholders reduce agency problems in state-controlled listed firms? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    22. Bischoff, Ivo, 2002. "Efficiency-enhancing effects of private and collective enterprises in transitional China," Discussion Papers 9, Justus Liebig University Giessen, Center for international Development and Environmental Research (ZEU).
    23. Lu, Jiangyong & Tao, Zhigang, 2010. "Determinants of entrepreneurial activities in China," Journal of Business Venturing, Elsevier, vol. 25(3), pages 261-273, May.
    24. Huang, Linqiang & Xiao, Sheng, 2012. "How does government ownership affect firm performance? A simple model of privatization in transition economies," Economics Letters, Elsevier, vol. 116(3), pages 480-482.
    25. Shing-Yi Wang, 2011. "Marriage Networks, Nepotism and Labor Market Outcomes in China," Working Papers id:4287, eSocialSciences.
    26. Dong, Xiao-Yuan & Putterman, Louis, 2003. "Soft budget constraints, social burdens, and labor redundancy in China's state industry," Journal of Comparative Economics, Elsevier, vol. 31(1), pages 110-133, March.
    27. Yang, Dan & Jiao, Hao & Buckland, Roger, 2017. "The determinants of financial fraud in Chinese firms: Does corporate governance as an institutional innovation matter?," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 309-320.
    28. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2022. "Endowment Structure, property rights and reforms of large state-owned enterprises (SOEs) in China: Past, present and future," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 675-692.
    29. Johansson, Anders C. & Feng, Xunan, 2013. "CEO Incentives in Chinese State-Controlled Firms," Stockholm School of Economics Asia Working Paper Series 2013-27, Stockholm School of Economics, Stockholm China Economic Research Institute.
    30. Jiang, Fuxiu & Jiang, Zhan & Kim, Kenneth A., 2020. "Capital markets, financial institutions, and corporate finance in China," Journal of Corporate Finance, Elsevier, vol. 63(C).
    31. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2002. "Profitability and productivity of Chinese industrial firms: Measurement and ownership implications," China Economic Review, Elsevier, vol. 13(1), pages 65-88.
    32. Aldy Fariz Achsanta & Laetitia Lepetit & Amine Tarazi, 2022. "Expropriation risk vs. government bailout: implications for minority shareholders of state-owned banks," Post-Print hal-03684313, HAL.
    33. Hu, Fang & Pan, Xiaofei & Tian, Gary, 2013. "Does CEO pay dispersion matter in an emerging market? Evidence from China's listed firms," Pacific-Basin Finance Journal, Elsevier, vol. 24(C), pages 235-255.
    34. Ruize Cai & Kyung Hwan Yun & Minho Kim, 2022. "Financing Constraints and Corporate Value in China: The Moderating Role of Multinationality and Ownership Type," Sustainability, MDPI, vol. 14(19), pages 1-22, September.
    35. Wang, Kun Tracy & Shailer, Greg, 2022. "Multiple performance criteria for government-controlled firms," International Review of Economics & Finance, Elsevier, vol. 79(C), pages 75-96.
    36. Matuszak Piotr, 2020. "What determines the scale of state ownership in enterprises? Some evidence from post-socialist countries," Economics and Business Review, Sciendo, vol. 6(4), pages 95-117, December.
    37. Hassan, Ibne & Chidlow, Agnieszka & Romero-Martínez, Ana M., 2016. "Selection, valuation and performance assessment: Are these truly inter-linked within the M&A transactions?," International Business Review, Elsevier, vol. 25(1), pages 255-266.
    38. Ren, Xiaoyi & Shao, Huan, 2022. "Non-state shareholder governance and shadow banking business: Evidence from Chinese state-owned manufacturing enterprises," Research in International Business and Finance, Elsevier, vol. 60(C).
    39. Jia, Junxue & Ma, Guangrong, 2017. "Do R&D tax incentives work? Firm-level evidence from China," China Economic Review, Elsevier, vol. 46(C), pages 50-66.
    40. Zhang, Xiaobo & Kanbur, Ravi, 2005. "Spatial inequality in education and health care in China," China Economic Review, Elsevier, vol. 16(2), pages 189-204.
    41. Mi Lin & Yum K. Kwan, 2017. "FDI Spatial Spillovers in China," The World Economy, Wiley Blackwell, vol. 40(8), pages 1514-1530, August.
    42. Pessarossi, Pierre & Weill, Laurent, 2012. "Does CEO turnover matter in China? Evidence from the stock market," BOFIT Discussion Papers 21/2012, Bank of Finland Institute for Emerging Economies (BOFIT).
    43. Chen, Gongmeng & Firth, Michael & Gao, Daniel N. & Rui, Oliver M., 2006. "Ownership structure, corporate governance, and fraud: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 12(3), pages 424-448, June.
    44. Robert Elliott & Ying Zhou, 2013. "State-Owned Enterprises, Exporting and Productivity in China: A Stochastic Dominance Approach," Discussion Papers 13-03, Department of Economics, University of Birmingham.
    45. Yongheng Deng & Randall Morck & Jing Wu & Bernard Yeung, 2011. "Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market," NBER Working Papers 16871, National Bureau of Economic Research, Inc.
    46. Chang, Eric C. & Wong, Sonia M.L., 2009. "Governance with multiple objectives: Evidence from top executive turnover in China," Journal of Corporate Finance, Elsevier, vol. 15(2), pages 230-244, April.
    47. Zhang, Dongyang, 2020. "Do credit squeezes influence firm survival? An empirical investigation of China," Economic Systems, Elsevier, vol. 44(3).
    48. Bai, Chong-En & Du, Yingjuan & Tao, Zhigang & Tong, Sarah Y., 2004. "Local protectionism and regional specialization: evidence from China's industries," Journal of International Economics, Elsevier, vol. 63(2), pages 397-417, July.
    49. Hongli Liu & Xiaoyu Yan & Jinhua Cheng & Jun Zhang & Yan Bu, 2021. "Driving Factors for the Spatiotemporal Heterogeneity in Technical Efficiency of China’s New Energy Industry," Energies, MDPI, vol. 14(14), pages 1-21, July.
    50. Szarzec, Katarzyna & Dombi, Ákos & Matuszak, Piotr, 2021. "State-owned enterprises and economic growth: Evidence from the post-Lehman period," Economic Modelling, Elsevier, vol. 99(C).
    51. Walheer, Barnabé & He, Ming, 2020. "Technical efficiency and technology gap of the manufacturing industry in China: Does firm ownership matter?," World Development, Elsevier, vol. 127(C).
    52. Feng, Xunan & Johansson , Anders C. & Wang, Ying, 2018. "Strengthened State Capitalism: Nationalized Firms in China," Stockholm School of Economics Asia Working Paper Series 2018-51, Stockholm School of Economics, Stockholm China Economic Research Institute.
    53. Cheung, Yan-Leung & Jiang, Ping & LIMPAPHAYOM, Piman & Lu, Tong, 2008. "Does corporate governance matter in China?," China Economic Review, Elsevier, vol. 19(3), pages 460-479, September.
    54. Filip Abraham & Jozef Konings & Veerle Slootmaekers, 2010. "FDI spillovers in the Chinese manufacturing sector," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 18(1), pages 143-182, January.
    55. Cheng, Jiameng & Dai, Yanke & Lin, Shu & Ye, Haichun, 2021. "Clan culture and family ownership concentration: Evidence from China," China Economic Review, Elsevier, vol. 70(C).
    56. Peixin Li & Lixia Li & Yichun Xie & Xueliang Zhang, 2021. "Investigating the effects of market segmentation on firm survival and their heterogeneities in China," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2614-2634, December.
    57. Shu, Li & Wang, Wei, 2023. "Human capital and trademarks: Evidence from higher education expansion in China," Research Policy, Elsevier, vol. 52(10).
    58. Zhihui Sun & Dejun Wu & Min Zhang, 2021. "Better late than never? Corporate social responsibility engagement after product-harm crises," Asia Pacific Journal of Management, Springer, vol. 38(4), pages 1209-1259, December.
    59. Mingyue Fang & Rui Ruan, 2023. "State‐owned Enterprises in China as Macroeconomic Stabilizers: Their Special Function in Times of Economic Policy Uncertainty," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(5), pages 87-115, September.
    60. Li, Xiaoxia & Cai, Guilong & Luo, Danglun, 2020. "GDP distortion and tax avoidance in local SOEs: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 582-598.
    61. Bi, XiaoGang, 2021. "The Communist Party Committee and corporate takeovers," International Review of Financial Analysis, Elsevier, vol. 78(C).
    62. Kang, Fei & Hauge, Janice A. & Lu, Ting-Jie, 2012. "Competition and mobile network investment in China’s telecommunications industry," Telecommunications Policy, Elsevier, vol. 36(10), pages 901-913.
    63. Zhang, Shanshan & Liu, Chang, 2020. "State ownership and the structuring of lease arrangements," Journal of Corporate Finance, Elsevier, vol. 62(C).
    64. Zheng Liu & Pengfei Wang & Zhiwei Xu, 2021. "Interest Rate Liberalization and Capital Misallocations," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(2), pages 373-419, April.
    65. Mohammed Arkan Sahib Tileal & Farzaneh Nassirzadeh & Mohammad Javad Saei & Davood Askarany, 2023. "The Impact of Ownership Type on Labour Cost Stickiness," JRFM, MDPI, vol. 16(5), pages 1-17, May.
    66. Jaax, Alexander, 2020. "Private sector development and provincial patterns of poverty: Evidence from Vietnam," World Development, Elsevier, vol. 127(C).
    67. Hu, Fang & Tan, Weiqiang & Xin, Qingquan & Yang, Sixian, 2013. "How do market forces affect executive compensation in Chinese state-owned enterprises?," China Economic Review, Elsevier, vol. 25(C), pages 78-87.
    68. Feng-Cheng Fu & Chu-Ping Vijverberg & Yong-Sheng Chen, 2008. "Productivity and efficiency of state-owned enterprises in China," Journal of Productivity Analysis, Springer, vol. 29(3), pages 249-259, June.
    69. Hao Qi & David M. Kotz, 2020. "The Impact of State-Owned Enterprises on China’s Economic Growth," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(1), pages 96-114, March.
    70. Yao, Yao, 2016. "Higher education expansion, economic reform and labor productivity," Working Paper Series 19506, Victoria University of Wellington, School of Economics and Finance.
    71. Qiang Liu & Ying Hao & Yong Du & Yuning Xing, 2020. "GDP competition and corporate investment: Evidence from China," Pacific Economic Review, Wiley Blackwell, vol. 25(3), pages 402-426, August.
    72. Kato, Takao & Long, Cheryl, 2006. "CEO Turnover, Firm Performance and Enterprise Reform in China: Evidence from New Micro Data," IZA Discussion Papers 1914, Institute of Labor Economics (IZA).
    73. Hou, Canran & Liu, Huan, 2023. "Institutional cross-ownership and stock price crash risk," Research in International Business and Finance, Elsevier, vol. 65(C).
    74. Chi, Wei & Wang, Yijiang, 2007. "Ownership, Performance and Executive Turnover," MPRA Paper 15302, University Library of Munich, Germany, revised Apr 2009.
    75. Chen, Jean J. & Cheng, Xinsheng & Gong, Stephen X. & Tan, Youchao, 2014. "Do higher value firms voluntarily disclose more information? Evidence from China," The British Accounting Review, Elsevier, vol. 46(1), pages 18-32.
    76. Bai, Min & Fu, Yumei & Sun, Mingwei, 2023. "Corporate diversification and labor investment efficiency: Evidence from China," Economic Modelling, Elsevier, vol. 127(C).
    77. Hong Bo & Tao Li & Linda A. Toolsema, 2009. "Corporate Social Responsibility Investment And Social Objectives: An Examination On Social Welfare Investment Of Chinese State Owned Enterprises," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(3), pages 267-295, July.
    78. Wang, Huanhuan & Xiong, Jiaxin, 2022. "Governance on water pollution: Evidence from a new river regulatory system of China," Economic Modelling, Elsevier, vol. 113(C).
    79. Kato, Takao & Long, Cheryl, 2006. "CEO turnover, firm performance, and enterprise reform in China: Evidence from micro data," Journal of Comparative Economics, Elsevier, vol. 34(4), pages 796-817, December.
    80. Dai, Yun & Li, Xuchao & Liu, Dinghua & Lu, Jiankun, 2021. "Throwing good money after bad: Zombie lending and the supply chain contagion of firm exit," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 379-402.
    81. Kun Su & Haiyan Jiang & Gary Tian, 2020. "Government's Say‐on‐pay Policy and Corporate Risk‐taking: Evidence from China," Abacus, Accounting Foundation, University of Sydney, vol. 56(4), pages 561-601, December.
    82. Hanwen Chen & Jeff Zeyun Chen & Gerald J. Lobo & Yanyan Wang, 2010. "Association Between Borrower and Lender State Ownership and Accounting Conservatism," Journal of Accounting Research, Wiley Blackwell, vol. 48(5), pages 973-1014, December.
    83. Xu, Jingjing & Huang, Haijie, 2021. "Pay more or pay less? The impact of controlling shareholders' share pledging on firms' dividend payouts," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    84. Bai, Chong-En & Liu, Qiao & Lu, Joe & Song, Frank M. & Zhang, Junxi, 2004. "Corporate governance and market valuation in China," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 599-616, December.
    85. Chen, Haiqiang & Guo, Ye & Wen, Qiang, 2021. "For goodwill or resources? The rationale behind firms' corporate philanthropy in an environment with high economic policy uncertainty," China Economic Review, Elsevier, vol. 65(C).
    86. Johansson, Anders C. & Feng, Xunan, 2013. "The State Advances, the Private Sector Retreats: Firm Effects of China’s Great Stimulus Program," Stockholm School of Economics Asia Working Paper Series 2013-25, Stockholm School of Economics, Stockholm China Economic Research Institute.
    87. Shen, Huangnan & Fang, Lei & Deng, Kent, 2017. "Rise of ‘Red Zaibatsu’ in China: entrenchment and expansion of large state-owned enterprises, 1990-2016," Economic History Working Papers 75214, London School of Economics and Political Science, Department of Economic History.
    88. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
    89. Iyer, Lakshmi & Meng, Xin & Qian, Nancy & Zhao, Xiaoxue, 2019. "Economic transition and private-sector labor: Evidence from urban China," Journal of Comparative Economics, Elsevier, vol. 47(3), pages 579-600.
    90. Katarzyna Szarzec, 2023. "Przedsiębiorstwa państwowe we współczesnej gospodarce – cele i uwarunkowania efektywności działania," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 3, pages 295-314.
    91. Bai, Chong-En & Li, David D. & Tao, Zhigang & Wang, Yijiang, 2000. "A Multitask Theory of State Enterprise Reform," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 716-738, December.
    92. Ngonadi Josiah Chukwuma & Takuriramunashe Famba & Huaping Sun & Isaac Adjei Mensah & Ophias Kurauone & Liang Li & Grace Chituku-Dzimiro, 2021. "The effect of firm performance on CEO compensation: the moderation role of SOE reform," SN Business & Economics, Springer, vol. 1(11), pages 1-32, November.
    93. Linda Yueh, 2010. "The Economy of China," Books, Edward Elgar Publishing, number 3705.
    94. Songsheng Chen & Jun Guo & Qingqing Liu & Xiaoxiao Tong, 2021. "The impact of XBRL on real earnings management: unexpected consequences of the XBRL implementation in China," Review of Quantitative Finance and Accounting, Springer, vol. 56(2), pages 479-504, February.
    95. Chong-En Bai & Qiao Liu & Joe Lu & Frank Song & Junxi Zhang, 2003. "Corporate Governance and Market Valuation in China," William Davidson Institute Working Papers Series 2003-564, William Davidson Institute at the University of Michigan.
    96. Gary Jefferson, 2016. "State-Owned Enterprise in China: Reform, Performance, and Prospects," Working Papers 109R, Brandeis University, Department of Economics and International Business School, revised Mar 2017.
    97. Bai, Chong-En & Lu, Jiangyong & Tao, Zhigang, 2010. "Capital or knowhow: The role of foreign multinationals in Sino-foreign joint ventures," China Economic Review, Elsevier, vol. 21(4), pages 629-638, December.
    98. Piotr Matuszak, 2023. "State-Owned Enterprises and Endogenous Growth," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 15(1), pages 65-89, March.
    99. Mo, Guiqing & Gao, Zhi & Zhou, Lei, 2021. "China's no-bailout reform: Impact on bond yields and rating standards," Journal of Banking & Finance, Elsevier, vol. 133(C).
    100. Alain Verbeke & Wenlong Yuan, 2007. "Entrepreneurship in multinational enterprises: A Penrosean perspective," Management International Review, Springer, vol. 47(2), pages 241-258, March.
    101. Veysel Avsar & Cem Karayalcin & Mehmet Ali Ulubasoglu, 2013. "State-owned Enterprises, Inequality, and Political Ideology," Economics and Politics, Wiley Blackwell, vol. 25(3), pages 387-410, November.
    102. Yi Che & Yi Lu & Zhigang Tao, 2017. "Institutional quality and new firm survival," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 25(3), pages 495-525, July.
    103. Dong, Liping & Uchida, Konari & Hou, Xiaohong, 2020. "Are future capital gain opportunities important in the market for corporate control? Evidence from China," Journal of Corporate Finance, Elsevier, vol. 63(C).
    104. Liu, Ningyue & Bredin, Don & Cao, Huijuan, 2020. "The investment behavior of Qualified Foreign Institutional Investors in China," Journal of Multinational Financial Management, Elsevier, vol. 54(C).
    105. Jiandong Chen & Douglas Cumming & Wenxuan Hou & Edward Lee, 2016. "CEO Accountability for Corporate Fraud: Evidence from the Split Share Structure Reform in China," Journal of Business Ethics, Springer, vol. 138(4), pages 787-806, November.
    106. SIQUEIRA, Kevin & SANDLER, Todd & CAULEY, Jon, 2009. "Common agency and state-owned enterprise reform," China Economic Review, Elsevier, vol. 20(2), pages 208-217, June.
    107. Rousseau, Peter L. & Xiao, Sheng, 2008. "Change of control and the success of China's share-issue privatization," China Economic Review, Elsevier, vol. 19(4), pages 605-613, December.
    108. Hu, Yifan & OPPER, Sonja & Wong, Sonia M.L., 2006. "Political economy of labor retrenchment: Evidence based on China's state-owned enterprises," China Economic Review, Elsevier, vol. 17(3), pages 281-299.
    109. Jim Huangnan Shen & Weiping Li & Chien‐Chiang Lee, 2023. "Unlocking the myths of size expansion in China's large state‐owned enterprises: Theory and evidence," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 1264-1284, March.
    110. Liu, Chunyan & Uchida, Konari & Yang, Yufeng, 2012. "Corporate governance and firm value during the global financial crisis: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 21(C), pages 70-80.
    111. 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.
    112. Garanina, Tatiana & Kim, Oksana, 2023. "The relationship between CSR disclosure and accounting conservatism: The role of state ownership," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 50(C).
    113. Cao, June & Tu, Guoqian, 2023. "A close look at wealth management products from the Buyer's perspective: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 494-506.
    114. Tong, Tong & Chen, Xiaoyue & Singh, Tarlok & Li, Bin, 2022. "Corporate governance and the outward foreign direct investment: Firm-level evidence from China," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 962-980.
    115. Lin, Mi & Kwan, Yum K., 2016. "FDI technology spillovers, geography, and spatial diffusion," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 257-274.
    116. Yao, Yao, 2019. "Does higher education expansion enhance productivity?," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 169-194.
    117. Zhou, Mohan & Lin, Faqin & Li, Tan, 2016. "Remote markets as shelters for local distortions: Evidence from China," China Economic Review, Elsevier, vol. 40(C), pages 241-253.
    118. Xiaohua Wang & Zhi Luo & Tianyi Wang & Zhuo Huang, 2017. "The Impact of Privatization on TFP: a Quasi-Experiment in China," Annals of Economics and Finance, Society for AEF, vol. 18(1), pages 53-71, May.
    119. Matuszak, Piotr & Kabaciński, Bartosz, 2021. "Non-commercial goals and financial performance of state-owned enterprises – some evidence from the electricity sector in the EU countries," Journal of Comparative Economics, Elsevier, vol. 49(4), pages 1068-1087.
    120. Peng, Winnie Qian & Wei, K.C. John & Yang, Zhishu, 2011. "Tunneling or propping: Evidence from connected transactions in China," Journal of Corporate Finance, Elsevier, vol. 17(2), pages 306-325, April.
    121. Wu, Howei & Xu, Bin, 2021. "Did state-owned enterprises do better during COVID-19? Evidence from a survey of company executives in China," Journal of Economics and Business, Elsevier, vol. 115(C).
    122. Wendong Shi & Jingwei Sun, 2016. "The impact of privatization on efficiency and profitability," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 24(3), pages 393-420, July.

  3. Chun Chang Yijiang Wang & Brian McCall & Yijiang Wang, 2000. "Incentive Contracting versus Ownership Reforms: Evidence from China's Township and Village Enterprises," William Davidson Institute Working Papers Series 365, William Davidson Institute at the University of Michigan.

    Cited by:

    1. Kato, Takao & Long, Cheryl, 2005. "Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges," IZA Discussion Papers 1767, Institute of Labor Economics (IZA).
    2. Pradeep Kautish, 2010. "Study On Impact Of Environmental Change On Selected Public Sector Enterprises In India," Romanian Economic Business Review, Romanian-American University, vol. 5(2), pages 68-88, June.
    3. Mugisha, Silver, 2007. "Effects of incentive applications on technical efficiencies: Empirical evidence from Ugandan water utilities," Utilities Policy, Elsevier, vol. 15(4), pages 225-233, December.
    4. Ito, Junichi, 2006. "Economic and institutional reform packages and their impact on productivity: A case study of Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 34(1), pages 167-190, March.
    5. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2002. "Profitability and productivity of Chinese industrial firms: Measurement and ownership implications," China Economic Review, Elsevier, vol. 13(1), pages 65-88.
    6. Zhan, Shaohua, 2015. "From Privatization to Deindustrialization: Implications of Chinese Rural Industry and the Ownership Debate Revisited," World Development, Elsevier, vol. 74(C), pages 108-122.
    7. Takao Kato & Cheryl Long, 2004. "Executive Compensation, Firm Performance, and State Ownership in China: Evidence from New Panel Data," William Davidson Institute Working Papers Series 2004-690, William Davidson Institute at the University of Michigan.
    8. Fleisher, Belton M. & Wang, Xiaojun, 2003. "Potential residual and relative wages in Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 429-443, September.
    9. Kato, Takao & Long, Cheryl, 2006. "CEO Turnover, Firm Performance and Enterprise Reform in China: Evidence from New Micro Data," IZA Discussion Papers 1914, Institute of Labor Economics (IZA).
    10. Michael Webber, 2012. "Making Capitalism in Rural China," Books, Edward Elgar Publishing, number 14446.
    11. Xincai Gao & Zhongyang Ji & Fayyaz Ahmad & Muhammad Umar Draz, 2019. "Financial Support and Growth of Township and Village Enterprises in China: Fresh Evidence From Regional Analyses," SAGE Open, , vol. 9(2), pages 21582440198, June.
    12. Kato, Takao & Long, Cheryl, 2006. "CEO turnover, firm performance, and enterprise reform in China: Evidence from micro data," Journal of Comparative Economics, Elsevier, vol. 34(4), pages 796-817, December.
    13. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
    14. Dong, Xiao-yuan & Putterman, Louis & Unel, Bulent, 2006. "Privatization and firm performance: A comparison between rural and urban enterprises in China," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 608-633, September.
    15. Sangeetha Gunasekar & Jayati Sarkar, 2014. "Does autonomy matter in state owned enterprises? Evidence from performance contracts in India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2014-034, Indira Gandhi Institute of Development Research, Mumbai, India.
    16. Zheng, Lucy & Batuo, Michael Enowbi & Shepherd, David, 2017. "The Impact of Regional and Institutional Factors on Labor Productive Performance—Evidence from the Township and Village Enterprise Sector in China," World Development, Elsevier, vol. 96(C), pages 591-598.
    17. Sandeep Mohapatra & Rachael Goodhue & Scott Rozelle, 2008. "Incentive Complementarity in China’s Rural Enterprises," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(1), pages 63-79, August.

  4. Yingyi Qian & Yijiang Wang, 2000. "Limiting Government Predation through Anonymous Banking: A Theory and Evidence from China," Econometric Society World Congress 2000 Contributed Papers 1935, Econometric Society.

    Cited by:

    1. Miyamoto, Katsuhiro & Yu, Jinping, 2000. "Macroeconomic Policy and Ownership Structure in a Mixed Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 762-785, December.

  5. Chong-En Bai & David D. Li & Yingyi Qian & Yijiang Wang, 1999. "Limiting Government Predation Through Anonymous Banking: A Theory with Evidence from China," William Davidson Institute Working Papers Series 275, William Davidson Institute at the University of Michigan.

    Cited by:

    1. Allen, Franklin & Qian, Jun & Qian, Meijun, 2005. "Law, finance, and economic growth in China," Journal of Financial Economics, Elsevier, vol. 77(1), pages 57-116, July.
    2. Cheng, Yuk-Shing & Chung, Kim-Sau, 2013. "Too many mothers-in-law?," Journal of Development Economics, Elsevier, vol. 105(C), pages 69-76.
    3. Qian, Nancy & , & Iyer, Lakshmi & Zhao, Xiaoxue, 2014. "Economic Transition and Private-Sector Labor Demand: Evidence from Urban China," CEPR Discussion Papers 9794, C.E.P.R. Discussion Papers.
    4. Frederic Chabellard, 2001. "Dollarization of Liabilities in Non-tradable Goods Sector," William Davidson Institute Working Papers Series 380, William Davidson Institute at the University of Michigan.
    5. Wen, Mei, 2004. "Bankruptcy, sale, and mergers as a route to the reform of Chinese SOEs," China Economic Review, Elsevier, vol. 15(3), pages 249-267.
    6. Bai, Chong-en & Wei, Shang-Jin, 2001. "The quality of bureaucracy and capital account policies," Policy Research Working Paper Series 2575, The World Bank.
    7. Vlad Ivanenko, 2001. "Effective Tax Rates in Transition," William Davidson Institute Working Papers Series 378, William Davidson Institute at the University of Michigan.
    8. Iyer, Lakshmi & Meng, Xin & Qian, Nancy & Zhao, Xiaoxue, 2019. "Economic transition and private-sector labor: Evidence from urban China," Journal of Comparative Economics, Elsevier, vol. 47(3), pages 579-600.
    9. Chong-En Bai & Shang-Jin Wei, 2001. "Quality of Bureaucracy and Open-Economy Macro Policies," CID Working Papers 59A, Center for International Development at Harvard University.

  6. Bai, Chong-En & Li, David Daokui & Qian, Yingyi & Wang, Yijiang, 1999. "Anonymous Banking and Financial Repression: How Does China's Reform Limit Government Predation without Reducing Its Revenue?," CEPR Discussion Papers 2221, C.E.P.R. Discussion Papers.

    Cited by:

    1. Yingyi Qian, 2002. "How Reform Worked in China," William Davidson Institute Working Papers Series 473, William Davidson Institute at the University of Michigan.
    2. Yang, Xiaokai, 2001. "China's entry to the WTO," China Economic Review, Elsevier, vol. 11(4), pages 437-442.
    3. Jeffrey Sachs & Wing Thye Woo & Xiaokai Yang, 2000. "Economic Reforms and Constitutional Transition," Annals of Economics and Finance, Society for AEF, vol. 1(2), pages 423-479, November.
    4. Polterovich, Victor, 2006. "Стратегии Институциональных Реформ: Китай И Россия [Institutional Reform Strategies: China and Russia]," MPRA Paper 22010, University Library of Munich, Germany.
    5. Ma, Debin & Rubin, Jared, 2019. "The Paradox of Power: Principal-agent problems and administrative capacity in Imperial China (and other absolutist regimes)," Journal of Comparative Economics, Elsevier, vol. 47(2), pages 277-294.
    6. Roland, Gerard & Verdier, Thierry, 2003. "Law enforcement and transition," European Economic Review, Elsevier, vol. 47(4), pages 669-685, August.
    7. Ahrens, Joachim & Jünemann, Patrick, 2010. "Transitional institutions, institutional complementarities and economic performance in China: A 'Varieties of Capitalism' approach," Discourses in Social Market Economy 2010-11, OrdnungsPolitisches Portal (OPO).
    8. Ma, Debin & Rubin, Jared, 2017. "The paradox of power: understanding fiscal capacity in Imperial China and absolutist regimes," Economic History Working Papers 75218, London School of Economics and Political Science, Department of Economic History.
    9. Huang, Yasheng, 2005. "Ownership biases and FDI in China: two provinces," Working papers 4537-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    10. Qian, Yingyi, 2002. "How Reform Worked in China," CEPR Discussion Papers 3447, C.E.P.R. Discussion Papers.
    11. Yingyi Qian, 1999. "The Institutional Foundations of China's Market Transition," Working Papers 99011, Stanford University, Department of Economics.
    12. Eckaus, R. S., 2003. "Some consequences of fiscal reliance on extrabudgetary revenues in China," China Economic Review, Elsevier, vol. 14(1), pages 72-88.
    13. Mingxing Liu & Ran Tao & Fei Yuan & Guangzhong Cao, 2008. "Instrumental land use investment-driven growth in China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 13(3), pages 313-331.
    14. Yao, Yang & Yueh, Linda, 2009. "Law, Finance, and Economic Growth in China: An Introduction," World Development, Elsevier, vol. 37(4), pages 753-762, April.

  7. Chongen Bai & David D. Li & Yijiang Wang, 1997. "Why Is the Productivity Analysis Misleading for Gauging State Enterprise Performance?," Boston College Working Papers in Economics 344., Boston College Department of Economics.

    Cited by:

    1. Jeffrey D. Sachs & Wing Thye Woo, 1997. "Understanding China's Economic Performance," Harvard Institute of Economic Research Working Papers 1793, Harvard - Institute of Economic Research.

  8. Chong-en Bai & Yijiang Wang, 1997. "Agency in Project Screening and Termination Decisions: Why Is Good Money Thrown After Bad?," William Davidson Institute Working Papers Series 43, William Davidson Institute at the University of Michigan.

    Cited by:

    1. Mark E. Schaffer, 1997. "Do Firms in Transition Economies have Soft Budget Constraints? A Reconsideration of the Concepts and Evidence," CERT Discussion Papers 9720, Centre for Economic Reform and Transformation, Heriot Watt University.
    2. Patrick Paul Walsh & Ciara Whelan, 1999. "Firm Performance and the Political Economy of Corporate Governance: Survey Evidence for Bulgaria, Hungary, Slovakia and Slovenia," LICOS Discussion Papers 8599, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    3. J. Kornai & E. Maskin & G. Roland, 2004. "Understanding the Soft Budget Constraint," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.

  9. Chong-en Bai & Yijiang Wang, 1995. "A Theory of the Soft-Budget Constraint," Boston College Working Papers in Economics 298., Boston College Department of Economics.

    Cited by:

    1. 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.
    2. Mehrdad VAHABI, 2001. "The Soft Budget Constraint : A Theoretical Clarification," Discussion Papers (REL - Recherches Economiques de Louvain) 2001024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. Li, David D. & Liang, Minsong, 1998. "Causes of the Soft Budget Constraint: Evidence on Three Explanations," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 104-116, March.
    4. Li, David D., 1998. "Insider control and the soft budget constraint: a simple theory," Economics Letters, Elsevier, vol. 61(3), pages 307-311, December.

  10. Bai, C. & Wang, Y., 1992. "Wage Contracts and Specific Human Capital Investment," Papers 92-03, Minnesota - Industrial Relations Center.

    Cited by:

    1. Chun Chang & Wang, Yijiang, 1995. "A framework for understanding differences in labor turnover and human capital investment," Journal of Economic Behavior & Organization, Elsevier, vol. 28(1), pages 91-105, September.

  11. John Budd & Yijiang Wang, "undated". "Labor Policy and Investment," Working Papers 0502, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).

    Cited by:

    1. Morris M. Kleiner & Hwikwon Ham, 2002. "Do Industrial Relations Institutions Impact Economic Outcomes?: International and U.S. State-Level Evidence," NBER Working Papers 8729, National Bureau of Economic Research, Inc.

Articles

  1. John Budd & Wei Chi & Yijiang Wang & Qianyun Xie, 2014. "What Do Unions in China Do? Provincial-Level Evidence on Wages, Employment, Productivity, and Economic Output," Journal of Labor Research, Springer, vol. 35(2), pages 185-204, June.

    Cited by:

    1. Hansa Jain, 2019. "Wage–Productivity Relationship in Indian Manufacturing Industries: Evidences from State-level Panel Data," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 13(3), pages 277-305, August.
    2. Dobbelaere, Sabien & Wiersma, Quint, 2020. "The Impact of Trade Liberalization on Firms' Product and Labor Market Power," IZA Discussion Papers 12951, Institute of Labor Economics (IZA).
    3. Wang, Wen & Lien, Donald, 2018. "Union membership, union coverage and wage dispersion of rural migrants: Evidence from Suzhou industrial sector," China Economic Review, Elsevier, vol. 49(C), pages 96-113.
    4. Wenjing Duan & Pedro S. Martins, 2018. "Rent sharing in China: Magnitude, heterogeneity and drivers," Working Papers 96, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    5. Booth, Alison & Freeman, Richard & Meng, Xin & Zhang, Jilu, 2020. "Trade Unions and the Welfare of Rural-Urban Migrant Workers in China," CEPR Discussion Papers 15350, C.E.P.R. Discussion Papers.
    6. Horwitz, Frank M. & Cooke, Fang Lee, 2021. "Labor-management Relations in Emerging Economies and Developing Countries," GLO Discussion Paper Series 969, Global Labor Organization (GLO).
    7. Muzhi Wang & Weichen Yan, 2022. "Brain Gain: The Effect of Employee Quality on Corporate Social Responsibility," Abacus, Accounting Foundation, University of Sydney, vol. 58(4), pages 679-713, December.
    8. Andy W. Chan & Ed Snape & Michelle S. Luo & Yujuan Zhai, 2017. "The Developing Role of Unions in China's Foreign-Invested Enterprises," British Journal of Industrial Relations, London School of Economics, vol. 55(3), pages 602-625, September.
    9. Chih‐Hai Yang & Meng‐Wen Tsou, 2018. "Labour Unions and Firm Productivity: Evidence from China," Manchester School, University of Manchester, vol. 86(6), pages 699-721, December.
    10. Jiang, Xiandeng & Yang, Jin & Yang, Wei & Zhang, Jian, 2021. "Do employees’ voices matter? Unionization and corporate environmental responsibility," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1265-1281.
    11. Quint Wiersma, 2019. "The impact of WTO accession on Chinese firms' product and labor market power," Tinbergen Institute Discussion Papers 19-037/V, Tinbergen Institute.

  2. Lu, Yi & Tao, Zhigang & Wang, Yijiang, 2010. "Union effects on performance and employment relations: Evidence from China," China Economic Review, Elsevier, vol. 21(1), pages 202-210, March.

    Cited by:

    1. Fan Cui & Ying Ge & Fengchun Jing, 2013. "The Effects of the Labor Contract Law on the Chinese Labor Market," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 10(3), pages 462-483, September.
    2. Ninghua Zhong & Shujing Wang & Rudai Yang, 2017. "Does Corporate Governance Enhance Common Interests of Shareholders and Primary Stakeholders?," Journal of Business Ethics, Springer, vol. 141(2), pages 411-431, March.
    3. Dobbelaere, Sabien & Wiersma, Quint, 2020. "The Impact of Trade Liberalization on Firms' Product and Labor Market Power," IZA Discussion Papers 12951, Institute of Labor Economics (IZA).
    4. Yang Yao & Ninghua Zhong, 2013. "Unions and Workers' Welfare in Chinese Firms," Journal of Labor Economics, University of Chicago Press, vol. 31(3), pages 633-667.
    5. Wei, Xiahai & Fang, Tony & Jiao, Yang & Li, Jiahui, 2019. "Language Premium Myth or Fact: Evidence from Migrant Workers of Guangdong, China," IZA Discussion Papers 12248, Institute of Labor Economics (IZA).
    6. Wang, Wen & Lien, Donald, 2018. "Union membership, union coverage and wage dispersion of rural migrants: Evidence from Suzhou industrial sector," China Economic Review, Elsevier, vol. 49(C), pages 96-113.
    7. Wenjing Duan & Pedro S. Martins, 2018. "Rent sharing in China: Magnitude, heterogeneity and drivers," Working Papers 96, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    8. Song, Yang & Yang, Jidong & Yang, Qijing, 2016. "Do firms' political connections depress the union wage effect? Evidence from China," China Economic Review, Elsevier, vol. 38(C), pages 183-198.
    9. Fariha Kamal & Mary E. Lovely & Devashish Mitra, 2014. "Trade Liberalization And Labor Shares In China," Working Papers 14-24, Center for Economic Studies, U.S. Census Bureau.
    10. Cheng, Zhiming, 2022. "Communist Party branch and labour rights: Evidence from Chinese entrepreneurs," China Economic Review, Elsevier, vol. 71(C).
    11. Patrice Laroche, 2020. "Unions, Collective Bargaining and Firm Performance," Post-Print hal-03058266, HAL.
    12. Yue Tang & Xueliang Tang & Hong Shen, 2023. "The Relationship between Subjective Status and Corporate Environmental Governance: Evidence from Private Firms in China," Sustainability, MDPI, vol. 15(11), pages 1-22, May.
    13. Olga V. Smirnova, 2017. "Flexible institutional arrangements and labour productivity: the case of transit industry in the United States," Industrial Relations Journal, Wiley Blackwell, vol. 48(1), pages 72-93, January.
    14. John Budd & Wei Chi & Yijiang Wang & Qianyun Xie, 2014. "What Do Unions in China Do? Provincial-Level Evidence on Wages, Employment, Productivity, and Economic Output," Journal of Labor Research, Springer, vol. 35(2), pages 185-204, June.
    15. Rickne, Johanna, 2013. "Labor market conditions and social insurance in China," China Economic Review, Elsevier, vol. 27(C), pages 52-68.
    16. Ying Ge, 2014. "Do Chinese Unions Have “Real” Effects On Employee Compensation?," Contemporary Economic Policy, Western Economic Association International, vol. 32(1), pages 187-202, January.
    17. Zhong, Ninghua, 2015. "Corporate governance of Chinese privatized firms: Evidence from a survey of non-listed enterprises," Journal of Comparative Economics, Elsevier, vol. 43(4), pages 1101-1121.
    18. Claudio Petti & Lauretta Rubini & Silvia Podetti, 2017. "Government Support and R&D Investment Effectiveness in Chinese SMEs: A Complex Relationship," Asian Economic Papers, MIT Press, vol. 16(1), pages 201-226, Winter/Sp.
    19. Tony Fang & Ying Ge & Youqing Fan, 2019. "Unions and the productivity performance of multinational enterprises: evidence from China," Asian Business & Management, Palgrave Macmillan, vol. 18(4), pages 281-300, September.
    20. Fang, Tony & Ge, Ying, 2013. "Chinese Unions and Enterprises Performance," IZA Discussion Papers 7870, Institute of Labor Economics (IZA).
    21. Morley K. Gunderson & Byron Y. Lee & Hui Wang, 2024. "Worker Congresses in China: Do they matter?," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 63(1), pages 43-58, January.
    22. Frio, Gustavo Saraiva & França, Marco Túlio Aniceto, 2022. "Unionization and wages: a quantile analysis," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    23. Dong, Zhiqiang & Luo, Zijun & Wei, Xiahai, 2016. "Social insurance with Chinese characteristics: The role of communist party in private firms," China Economic Review, Elsevier, vol. 37(C), pages 40-51.
    24. Zhang, Dongyang & Guo, Yumei, 2019. "Financing R&D in Chinese private firms: Business associations or political connection?," Economic Modelling, Elsevier, vol. 79(C), pages 247-261.
    25. Muzhi Wang & Weichen Yan, 2022. "Brain Gain: The Effect of Employee Quality on Corporate Social Responsibility," Abacus, Accounting Foundation, University of Sydney, vol. 58(4), pages 679-713, December.
    26. Emmanuel Mamatzakis & Panagiotis Pegkas & Christos Staikouras, 2023. "Labour market regulations and efficiency in tourism industry," Tourism Economics, , vol. 29(4), pages 1032-1054, June.
    27. Hasan, Rana & Mehta, Aashish & Sundaram, Asha, 2021. "The effects of labor regulation on firms and exports: Evidence from Indian apparel manufacturing," Journal of Comparative Economics, Elsevier, vol. 49(1), pages 183-200.
    28. Sajid Anwar & Sizhong Sun, 2015. "Unionisation and Firm Performance in China’s Manufacturing Industries," Journal of Labor Research, Springer, vol. 36(1), pages 78-102, March.
    29. Andy W. Chan & Ed Snape & Michelle S. Luo & Yujuan Zhai, 2017. "The Developing Role of Unions in China's Foreign-Invested Enterprises," British Journal of Industrial Relations, London School of Economics, vol. 55(3), pages 602-625, September.
    30. Chih‐Hai Yang & Meng‐Wen Tsou, 2018. "Labour Unions and Firm Productivity: Evidence from China," Manchester School, University of Manchester, vol. 86(6), pages 699-721, December.
    31. Jiang, Xiandeng & Yang, Jin & Yang, Wei & Zhang, Jian, 2021. "Do employees’ voices matter? Unionization and corporate environmental responsibility," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1265-1281.
    32. Quint Wiersma, 2019. "The impact of WTO accession on Chinese firms' product and labor market power," Tinbergen Institute Discussion Papers 19-037/V, Tinbergen Institute.

  3. Chi, Wei & Wang, Yijiang, 2009. "Ownership, performance and executive turnover in China," Journal of Asian Economics, Elsevier, vol. 20(4), pages 465-478, September.

    Cited by:

    1. Xuegang Cui & Lei Xu & Huili Zhang & Yuxiao Zhang, 2021. "Executive compensation and firm performance: Evidence from cross‐listed AH‐share firms," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 88-102, January.
    2. Zhong, Ruohan & Li, Yanxi & Wang, Yun, 2021. "Multiple large shareholders, control contests, and forced CEO turnover," Emerging Markets Review, Elsevier, vol. 48(C).
    3. Liu, Xiaoyan & Zhao, Rui & Guo, Mengmeng, 2023. "CEO turnover, political connections, and firm performance: Evidence from China," Emerging Markets Review, Elsevier, vol. 55(C).
    4. Pessarossi, Pierre & Weill, Laurent, 2012. "Does CEO turnover matter in China? Evidence from the stock market," BOFIT Discussion Papers 21/2012, Bank of Finland Institute for Emerging Economies (BOFIT).
    5. Iwasaki, Ichiro & Ma, Xinxin & Mizobata, Satoshi, 2019. "Corporate Ownership and Managerial Turnover in China and Eastern Europe: A Comparative Meta-Analysis," CEI Working Paper Series 2019-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    6. Fawad Rauf & Cosmina L. Voinea & Khwaja Naveed & Cosmin Fratostiteanu, 2021. "CSR Disclosure: Effects of Political Ties, Executive Turnover and Shareholder Equity. Evidence from China," Sustainability, MDPI, vol. 13(7), pages 1-18, March.
    7. Loukil, Nadia & Yousfi, Ouidad, 2010. "Does corporate governance affect stock liquidity in the Tunisian Stock Market?," MPRA Paper 28697, University Library of Munich, Germany, revised Feb 2011.
    8. Chi, Wei & Zhang, Haiyan, 2010. "Are stronger executive incentives associated with cross-listing? Evidence from China," China Economic Review, Elsevier, vol. 21(1), pages 150-160, March.

  4. Chang, Chun & McCall, Brian P. & Wang, Yijiang, 2003. "Incentive contracting versus ownership reforms: evidence from China's township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 414-428, September.
    See citations under working paper version above.
  5. Chong-En Bai & Yijiang Wang, 2003. "Uncertainty in Labor Productivity and Specific Human Capital Investment," Journal of Labor Economics, University of Chicago Press, vol. 21(3), pages 651-676, July.

    Cited by:

    1. Didier, Nicolás, 2021. "Does the expansion of higher education reduce gender gaps in the labor market? Evidence from a natural experiment," International Journal of Educational Development, Elsevier, vol. 86(C).
    2. Bilkic, N. & Gries, T. & Pilichowski, M., 2012. "Stay in school or start working? — The human capital investment decision under uncertainty and irreversibility," Labour Economics, Elsevier, vol. 19(5), pages 706-717.
    3. MORITA, Hodaka & TANG, Cheng-Tao, 2017. "Asset Specificity, Human Capital Acquisition, and Labor Market Competition," Discussion paper series HIAS-E-42, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    4. Steffen Merkel & Sascha L. Schmidt & Benno Torgler, 2017. "The effect of individual uncertainty on the specificity of human capital: empirical evidence from career developments in professional soccer," Applied Economics, Taylor & Francis Journals, vol. 49(21), pages 2083-2095, May.
    5. Dan Bernhardt & Steeve Mongrain, 2010. "The Layoff Rat Race," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(1), pages 185-210, March.
    6. Yijiang Wang, "undated". "Product Market Conditions and Job Design," Working Papers 0402, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
    7. Yijiang Wang, "undated". "Demand, Supply and Coordination: An Integrated Theory of the Division of Labor," Working Papers 0405, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
    8. Bai, Chong-En & Xu, Cheng-Gang, 2001. "Ownership, incentives and monitoring," LSE Research Online Documents on Economics 3750, London School of Economics and Political Science, LSE Library.
    9. Mark Yanochik & John King, 2015. "The Classical Bargaining Model for Organized Labor," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(3), pages 375-382, September.
    10. John T. King & Mark A. Yanochik, 2011. "John Stuart Mill and The Economic Rationale for Organized Labor," The American Economist, Sage Publications, vol. 56(2), pages 28-34, November.

  6. Bai, Chong-En & Li, David D. & Qian, Yingyi & Wang, Yijiang, 2001. "Financial repression and optimal taxation," Economics Letters, Elsevier, vol. 70(2), pages 245-251, February.

    Cited by:

    1. Mamedly, M. & Norkina, O., 2019. "Optimal Financial Repression in an Overlapping Generations Model with Endogenous Labor," Journal of the New Economic Association, New Economic Association, vol. 43(3), pages 34-56.
    2. Carmen M. Reinhart & M. Belen Sbrancia, 2011. "The Liquidation of Government Debt," Working Paper Series WP11-10, Peterson Institute for International Economics.
    3. Norkina, Olga A. (Норкина, Ольга А.), 2018. "Financial Repression and Populism [Финансовая Репрессия И Популизм]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 122-147, February.
    4. Gao-Feng Gu & Wei-Xing Zhou, 2008. "Emergence of long memory in stock volatility from a modified Mike-Farmer model," Papers 0807.4639, arXiv.org, revised May 2009.
    5. Battilossi, Stefano, 2003. "Capital mobility and financial repression in Italy, 1960-1990 : a public finance perspective," IFCS - Working Papers in Economic History.WH wh030602, Universidad Carlos III de Madrid. Instituto Figuerola.
    6. Norkina, O. & Pekarski, S., 2015. "Nonmarket Debt Placement As Financial Repression," Journal of the New Economic Association, New Economic Association, vol. 28(4), pages 31-55.
    7. Olga A. Norkina & Sergey E. Pekarski, 2014. "Optimal Financial Repression," HSE Working papers WP BRP 81/EC/2014, National Research University Higher School of Economics.
    8. Javad Torkamani & Ali Hussein Samadi & Sanaz Mansouri, 2012. "Financial Repression and Agricultural Growth: The Case of Islamic Republic of Iran (1962-2007)," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 17(1), pages 147-159, winter.
    9. Mariia A. Elkina, 2021. "Financial Repression And Transmission Of Macroeconomic Shocks In A DSGE Model With Financial Frictions," HSE Working papers WP BRP 246/EC/2021, National Research University Higher School of Economics.

  7. Chun Chang & Yijiang Wang, 2000. "Choosing between Up-or-Out and Spot Contracts: Human Capital Investment versus Job-Matching Considerations," Annals of Economics and Finance, Society for AEF, vol. 1(1), pages 189-210, May.

    Cited by:

    1. Ping Yan, 2011. "Optimal Unemployment Insurance with Endogenous Search Effort," Annals of Economics and Finance, Society for AEF, vol. 12(2), pages 347-369, November.

  8. Bai, Chong-En & Li, David D. & Tao, Zhigang & Wang, Yijiang, 2000. "A Multitask Theory of State Enterprise Reform," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 716-738, December.
    See citations under working paper version above.
  9. Yijiang Wang & Chong-En Bai, 1999. "The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets," American Economic Review, American Economic Association, vol. 89(2), pages 432-437, May.

    Cited by:

    1. Leanora Alecia Brown & Jorge Martinez-Vazquez, 2015. "International Debt Forgiveness: Who Gets Picked and Its Effect On The Tax Effort Of Developing Countries," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1504, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    2. Herbert Bruecker & Philipp Schroder & Christian Weise, 2004. "Can EU Conditionality Remedy Soft Budget Constraints In Transition Countries?," Royal Economic Society Annual Conference 2004 126, Royal Economic Society.
    3. Minjung Kim & Jungsoo Park, 2017. "Do Bank Loans to Financially Distressed Firms Lead to Innovation?," The Japanese Economic Review, Springer, vol. 68(2), pages 244-256, June.
    4. J. Kornai & E. Maskin & G. Roland, 2004. "Understanding the Soft Budget Constraint," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    5. Herbert Brücker & Philipp Schröder, 2007. "EU accession and the hardening of soft budget constraints: some macro evidence," Economic Change and Restructuring, Springer, vol. 40(3), pages 235-252, September.
    6. Rousseau, Peter L. & Xiao, Sheng, 2008. "Change of control and the success of China's share-issue privatization," China Economic Review, Elsevier, vol. 19(4), pages 605-613, December.
    7. Jérôme Sgard, 2000. "La gestion des crises de liquidité internationale : logique de faillite, prêteur en dernier ressort et conditionnalité," Working Papers 2000-16, CEPII research center.
    8. Xu, Cheng-Gang & Maskin, Eric, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.
    9. Gordon C. K. Cheung, 2004. "Chinese Diaspora as a Virtual Nation: Interactive Roles between Economic and Social Capital," Political Studies, Political Studies Association, vol. 52(4), pages 664-684, December.

  10. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.

    Cited by:

    1. Zhang, Yaoyu & Wu, Chenye & Gu, Nan & Yu, Yang, 2022. "The robustness of low-carbon policies during China’s electricity reform," Energy Economics, Elsevier, vol. 111(C).
    2. Xia, Jun & Li, Shaomin & Long, Cheryl, 2009. "The Transformation of Collectively Owned Enterprises and its Outcomes in China, 2001-05," World Development, Elsevier, vol. 37(10), pages 1651-1662, October.
    3. Nhu Tuyên Le & Marc de Bourmont & Olivier Vidal, 2011. "La perception des changements comptables par les acteurs : le cas du Viêt-Nam," Post-Print hal-02104096, HAL.
    4. Tao, Zhigang & Zhu, Tian, 2001. "An agency theory of transactions without contract enforcement: The case of China," China Economic Review, Elsevier, vol. 12(1), pages 1-14.
    5. Nhu Tuyên Le & Marc de Bourmont & Olivier Vidal, 2011. "La perception des changements comptables par les acteurs : le cas du Viêt-Nam," Grenoble Ecole de Management (Post-Print) hal-02104096, HAL.
    6. Nhu Tuyên Lê & Marc de Bourmont & Olivier Vidal, 2011. "La perception des changements comptables par les acteurs : le cas du Viêt-Nam," Post-Print hal-00650545, HAL.
    7. Nhu Tuyên Lê & Marc de Bourmont & Olivier Vidal, 2011. "La perception des changements comptables par les acteurs : le cas du Viêt-Nam," Grenoble Ecole de Management (Post-Print) hal-00650545, HAL.
    8. Ping Yung & Lawrence W C Lai, 2009. "Quality Assurance in Construction by Independent Experts: A Case Study of the Efficiency Performance of State-Owned Enterprises in China," Environment and Planning B, , vol. 36(4), pages 682-697, August.
    9. Zhou, Huizhong, 2000. "Fiscal decentralization and the development of the tobacco industry in China," China Economic Review, Elsevier, vol. 11(2), pages 114-133, December.

  11. Bai, Chong-en & Wang, Yijiang, 1998. "Bureaucratic Control and the Soft Budget Constraint," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 41-61, March.

    Cited by:

    1. 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.
    2. Herbert Bruecker & Philipp Schroder & Christian Weise, 2004. "Can EU Conditionality Remedy Soft Budget Constraints In Transition Countries?," Royal Economic Society Annual Conference 2004 126, Royal Economic Society.
    3. Long Wang & Yang Yang, 2021. "Political connections in the land market: Evidence from China's state‐owned enterprises," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(1), pages 7-35, March.
    4. Li, Lixing, 2008. "Employment burden, government ownership and soft budget constraints: Evidence from a Chinese enterprise survey," China Economic Review, Elsevier, vol. 19(2), pages 215-229, June.
    5. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2016. "A rational path towards a Pareto optimum for reforms of large state-owned enterprise in China, past, present and future," Economic History Working Papers 67019, London School of Economics and Political Science, Department of Economic History.
    6. Sanghee Park, 2018. "Understanding Public Sector Debt: Financial Vicious Circle under the Soft Budget Constraint," Public Organization Review, Springer, vol. 18(1), pages 71-92, March.
    7. Mehrdad VAHABI, 2001. "The Soft Budget Constraint : A Theoretical Clarification," Discussion Papers (REL - Recherches Economiques de Louvain) 2001024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    8. Meng, Rujing & Ning, Xiangdong & Zhou, Xianming & Zhu, Hongquan, 2011. "Do ESOPs enhance firm performance? Evidence from China's reform experiment," Journal of Banking & Finance, Elsevier, vol. 35(6), pages 1541-1551, June.
    9. Lixin Colin Xu & Tian Zhu & Yi‐min Lin, 2005. "Politician control, agency problems and ownership reform," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(1), pages 1-24, January.
    10. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2022. "Endowment Structure, property rights and reforms of large state-owned enterprises (SOEs) in China: Past, present and future," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 675-692.
    11. Jin-hui Luo & Zeyue Huang & Ruichao Zhu, 2021. "Does media coverage help firms “lobby” for government subsidies? Evidence from China," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 259-290, March.
    12. Nikitin, Maxim, 2000. "An Arrears Crisis and Stabilization Failure in a Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 665-699, December.
    13. Bo Liu & Kemin Wang, 2019. "Uncertainty of political subsidy, heterogeneous beliefs, and IPO anomalies," Review of Quantitative Finance and Accounting, Springer, vol. 52(4), pages 923-951, May.
    14. Fan Zhang & Fei Wang & Qiao Wang, 2023. "Does the mixed‐ownership reform improve the productivity of state‐owned enterprises? Evidence from companies listed in Chinese stock," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(4), pages 1299-1321, December.
    15. Chongwoo Choe & Xiangkang Yin, 1998. "Do China's State-Owned Enterprises Maximize Profit?," Working Papers 1998.07, School of Economics, La Trobe University.
    16. Li, Hongbin, 2003. "Government's budget constraint, competition, and privatization: evidence from China's rural industry," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 486-502, September.
    17. Miyamoto, Katsuhiro & Yu, Jinping, 2000. "Macroeconomic Policy and Ownership Structure in a Mixed Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 762-785, December.
    18. Kornai, Janos, 1998. "The Concept of the Soft Budget Constraint Syndrome in Economic Theory," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 11-17, March.
    19. Shin, Dongsoo, 2008. "Information acquisition and optimal project management," International Journal of Industrial Organization, Elsevier, vol. 26(4), pages 1032-1043, July.
    20. Anderson, James H. & Korsun, Georges & Murrell, Peter, 2000. "Which Enterprises (Believe They) Have Soft Budgets? Evidence on the Effects of Ownership and Decentralization in Mongolia," Journal of Comparative Economics, Elsevier, vol. 28(2), pages 219-246, June.
    21. Shen, Huangnan & Fang, Lei & Deng, Kent, 2017. "Rise of ‘Red Zaibatsu’ in China: entrenchment and expansion of large state-owned enterprises, 1990-2016," Economic History Working Papers 75214, London School of Economics and Political Science, Department of Economic History.
    22. Krammer, Sorin M.S. & Strange, Roger & Lashitew, Addisu, 2018. "The export performance of emerging economy firms: The influence of firm capabilities and institutional environments," International Business Review, Elsevier, vol. 27(1), pages 218-230.
    23. Bai, Chong-En & Li, David D. & Tao, Zhigang & Wang, Yijiang, 2000. "A Multitask Theory of State Enterprise Reform," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 716-738, December.
    24. Mu-Shun Wang, 2016. "Idiosyncratic volatility, executive compensation and corporate governance: examination of the direct and moderate effects," Review of Managerial Science, Springer, vol. 10(2), pages 213-244, March.
    25. Jim Huangnan Shen & Weiping Li & Chien‐Chiang Lee, 2023. "Unlocking the myths of size expansion in China's large state‐owned enterprises: Theory and evidence," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 1264-1284, March.
    26. Yijiang Wang & Chong-En Bai, 1999. "The Myth of the East Asian Miracle: The Macroeconomic Implications of Soft Budgets," American Economic Review, American Economic Association, vol. 89(2), pages 432-437, May.
    27. Monika Singla & Shveta Singh, 2018. "Impact of Institutional Set-Up on the Responsiveness to Change in a Firm’s Governance Structure: A Comparative Study of Public and Private Sector Enterprises in India," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(2), pages 159-172, June.

  12. Bai, Chong-en & Li, David D. & Wang, Yijiang, 1997. "Enterprise Productivity and Efficiency: When Is Up Really Down?," Journal of Comparative Economics, Elsevier, vol. 24(3), pages 265-280, June.

    Cited by:

    1. Sun, Qunyan & Zhang, Anming & Li, Jie, 2005. "A study of optimal state shares in mixed oligopoly: Implications for SOE reform and foreign competition," China Economic Review, Elsevier, vol. 16(1), pages 1-27.
    2. Bai, Chong-en & Wang, Yijiang, 1998. "Bureaucratic Control and the Soft Budget Constraint," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 41-61, March.
    3. Jeffry M. Netter & William L. Megginson, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June.
    4. LI, Tao & SUN, Laixiang & ZOU, Liang, 2009. "State ownership and corporate performance: A quantile regression analysis of Chinese listed companies," China Economic Review, Elsevier, vol. 20(4), pages 703-716, December.
    5. Chen, Aimin, 1998. "Inertia in reforming China's state-Owned enterprises: The case of Chongqing," World Development, Elsevier, vol. 26(3), pages 479-495, March.
    6. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.
    7. Xu, Xiaonian & Wang, Yan, 1999. "Ownership structure and corporate governance in Chinese stock companies," China Economic Review, Elsevier, vol. 10(1), pages 75-98.
    8. Chi, Wei & Wang, Yijiang, 2009. "Ownership, performance and executive turnover in China," Journal of Asian Economics, Elsevier, vol. 20(4), pages 465-478, September.
    9. Li, Shaomin & Selover, David D. & Stein, Michael, 2011. ""Keep silent and make money": Institutional patterns of earnings management in China," Journal of Asian Economics, Elsevier, vol. 22(5), pages 369-382, October.
    10. Dong, Yan & Leung, Charles Ka Yui & Cai, Dongliang, 2011. "What Drives Fixed Asset Holding and Risk-Adjusted Performance of Corporate in China? An Empirical Analysis," MPRA Paper 29128, University Library of Munich, Germany.
    11. Ito, Junichi, 2006. "Economic and institutional reform packages and their impact on productivity: A case study of Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 34(1), pages 167-190, March.
    12. Megginson, William Leon, 2005. "The Financial Economics of Privatization," OUP Catalogue, Oxford University Press, number 9780195150629.
    13. Yang, Qing Gong & Temple, Paul, 2012. "Reform and competitive selection in China: An analysis of firm exits," Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 286-299.
    14. Bischoff, Ivo, 2002. "Efficiency-enhancing effects of private and collective enterprises in transitional China," Discussion Papers 9, Justus Liebig University Giessen, Center for international Development and Environmental Research (ZEU).
    15. Liao, Li & Liu, Bibo & Wang, Hao, 2014. "China׳s secondary privatization: Perspectives from the Split-Share Structure Reform," Journal of Financial Economics, Elsevier, vol. 113(3), pages 500-518.
    16. Susanto Basu & John G. Fernald, 1997. "Aggregate productivity and aggregate technology," International Finance Discussion Papers 593, Board of Governors of the Federal Reserve System (U.S.).
    17. Lixin Colin Xu & Tian Zhu & Yi‐min Lin, 2005. "Politician control, agency problems and ownership reform," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(1), pages 1-24, January.
    18. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2002. "Profitability and productivity of Chinese industrial firms: Measurement and ownership implications," China Economic Review, Elsevier, vol. 13(1), pages 65-88.
    19. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2003. "A study of the R&D efficiency and productivity of Chinese firms," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 444-464, September.
    20. Robert Elliott & Ying Zhou, 2013. "State-Owned Enterprises, Exporting and Productivity in China: A Stochastic Dominance Approach," Discussion Papers 13-03, Department of Economics, University of Birmingham.
    21. Chen, Zhongfei & Barros, Carlos Pestana & Borges, Maria Rosa, 2015. "A Bayesian stochastic frontier analysis of Chinese fossil-fuel electricity generation companies," Energy Economics, Elsevier, vol. 48(C), pages 136-144.
    22. Yue Dai & Nan Li & Rongrong Gu & Xiaodong Zhu, 2018. "Can China’s Carbon Emissions Trading Rights Mechanism Transform its Manufacturing Industry? Based on the Perspective of Enterprise Behavior," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    23. Elisa BORGHI & Chiara DEL BO & Massimo FLORIO, 2010. "Ownership, institutions and productivity of European electricity firms," Departmental Working Papers 2010-19, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    24. Duo Qin & Haiyan Song, 2007. "Sources of Investment Inefficiency: The Case of Fixed-Asset Investment in China," Working Papers 584, Queen Mary University of London, School of Economics and Finance.
    25. Jefferson, Gary H. & Rawski, Thomas G. & Li, Wang & Yuxin, Zheng, 2000. "Ownership, Productivity Change, and Financial Performance in Chinese Industry," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 786-813, December.
    26. Feng-Cheng Fu & Chu-Ping Vijverberg & Yong-Sheng Chen, 2008. "Productivity and efficiency of state-owned enterprises in China," Journal of Productivity Analysis, Springer, vol. 29(3), pages 249-259, June.
    27. David D. Li & Changqi Wu, 2002. "The Colour of the Cats," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 133-146.
    28. Lu, Ding, 2001. "Industrial policy and resource allocation: implications on China's participation in globalization," China Economic Review, Elsevier, vol. 11(4), pages 342-360.
    29. Chi, Wei & Wang, Yijiang, 2007. "Ownership, Performance and Executive Turnover," MPRA Paper 15302, University Library of Munich, Germany, revised Apr 2009.
    30. Li, Shaomin & Xia, Jun, 2008. "The Roles and Performance of State Firms and Non-State Firms in China's Economic Transition," World Development, Elsevier, vol. 36(1), pages 39-54, January.
    31. Xie, Sujuan & Lin, Bingxuan & Li, Jingjing, 2022. "Political Control, Corporate Governance and Firm Value: The Case of China," Journal of Corporate Finance, Elsevier, vol. 72(C).
    32. Bai, Chong-En & Li, David D. & Tao, Zhigang & Wang, Yijiang, 2000. "A Multitask Theory of State Enterprise Reform," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 716-738, December.
    33. BAI, Chong-En & QIAN, Zhenjie, 2010. "The factor income distribution in China: 1978-2007," China Economic Review, Elsevier, vol. 21(4), pages 650-670, December.
    34. Ping Yung & Lawrence W C Lai, 2009. "Quality Assurance in Construction by Independent Experts: A Case Study of the Efficiency Performance of State-Owned Enterprises in China," Environment and Planning B, , vol. 36(4), pages 682-697, August.
    35. Liu, Jinyu & Wang, Zhengwei & Zhu, Wuxiang, 2021. "Does privatization reform alleviate ownership discrimination? Evidence from the Split-share structure reform in China," Journal of Corporate Finance, Elsevier, vol. 66(C).

  13. Chang, Chun & Wang, Yijiang, 1996. "Human Capital Investment under Asymmetric Information: The Pigovian Conjecture Revisited," Journal of Labor Economics, University of Chicago Press, vol. 14(3), pages 505-519, July.

    Cited by:

    1. Pfeifer, Christian, 2013. "Intra-firm Wage Compression and Cost Coverage of Training: Evidence from Linked Employer-Employee Data," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80030, Verein für Socialpolitik / German Economic Association.
    2. Achyuta Adhvaryu & Namrata Kala & Anant Nyshadham, 2018. "The Skills to Pay the Bills: Returns to On-the-job Soft Skills Training," NBER Working Papers 24313, National Bureau of Economic Research, Inc.
    3. Daron Acemoglu & Jorn-Steffen Pischke, 1998. "The Structure of Wages and Investment in General Training," NBER Working Papers 6357, National Bureau of Economic Research, Inc.
    4. Ian Jewitt & Clare Leaver & Heski Bar-Isaac, 2007. "Information and Human Capital Management," Economics Series Working Papers 367, University of Oxford, Department of Economics.
    5. Philippe Lemistre & Jean-Michel Plassard, 2002. "Stratégies de mobilité et rendements de l'ancienneté en France," Économie et Prévision, Programme National Persée, vol. 155(4), pages 45-60.
    6. Backman, Mikaela & Gabe, Todd & Mellander, Charlotta, 2014. "Effects Of Human Capital On The Growth And Survival Of Swedish Businesses," Working Paper Series in Economics and Institutions of Innovation 354, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    7. Martinsson, Gustav, 2008. "Firm Collateral and the Cyclicality of Knowledge Intensity," Working Paper Series in Economics and Institutions of Innovation 134, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    8. Steffes, Susanne & Warnke, Arne Jonas, 2019. "Determinants of work-related training: An investigation of observed and unobserved firm-, job- and worker-heterogeneity," ZEW Discussion Papers 19-022, ZEW - Leibniz Centre for European Economic Research.
    9. Filipe Almeida‐Santos & Karen A. Mumford, 2004. "Employee Training in Australia: Evidence from AWIRS," The Economic Record, The Economic Society of Australia, vol. 80(s1), pages 53-64, September.
    10. Felipe Balmaceda & Paola Sevilla, "undated". "Invirtiendo en Entrenamiento General: El Programa de Formación Dual," ILADES-UAH Working Papers inv136, Universidad Alberto Hurtado/School of Economics and Business.
    11. David H. Autor, 2001. "Why Do Temporary Help Firms Provide Free General Skills Training?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(4), pages 1409-1448.
    12. van den Berg, Gerard J. & Dauth, Christine & Homrighausen, Pia & Stephan, Gesine, 2018. "Informing Employees in Small and Medium Sized Firms about Training: Results of a Randomized Field Experiment," IZA Discussion Papers 11963, Institute of Labor Economics (IZA).
    13. Carolyn Pitchik & Aloysius Siow, 1997. "Self-Promoting Investments," Working Papers pitchik-97-01, University of Toronto, Department of Economics.
    14. Daniel Ferreira & Radoslawa Nikolowa, 2015. "Misallocation of Talent in Competitive Labor Markets," Working Papers 740, Queen Mary University of London, School of Economics and Finance.
    15. Poege, Felix & Gaessler, Fabian & Hoisl, Karin & Harhoff, Dietmar & Dorner, Matthias, 2022. "Filling the Gap: The Consequences of Collaborator Loss in Corporate R&D," Rationality and Competition Discussion Paper Series 340, CRC TRR 190 Rationality and Competition.
    16. Dorner, Matthias & Görlitz, Katja, 2020. "Training, wages and a missing school graduation cohort," IAB-Discussion Paper 202028, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    17. Arulampalam, Wiji & Alison L Booth & Mark L Bryan, 2003. "Work-related Training and the New National Minimum Wage in Britain," Royal Economic Society Annual Conference 2003 9, Royal Economic Society.
    18. Radu Vranceanu & Angela Sutan, 2023. "Should the firm or the employee pay for upskilling? A contract theory approach," Post-Print hal-03834832, HAL.
    19. Katja Görlitz & Marcus Tamm, 2016. "Revisiting the complementarity between education and training -- the role of job tasks and firm effects," Education Economics, Taylor & Francis Journals, vol. 24(3), pages 261-279, June.
    20. Mühlemann, Samuel & Ryan, Paul & Wolter, Stefan C., 2011. "Monopsony Power, Pay Structure and Training," IZA Discussion Papers 5587, Institute of Labor Economics (IZA).
    21. Centeno, Mário & Corrêa, Márcio, 2010. "Job matching, technological progress, and worker-provided on-the-job training," Economics Letters, Elsevier, vol. 109(3), pages 190-192, December.
    22. Alison Booth & Mark L. Bryan, 2006. "Training, Minimum Wages and the Earnings Distribution," CEPR Discussion Papers 537, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    23. Rao, Neel, 2015. "General training in labor markets: Common value auctions with unobservable investment," Journal of Economic Behavior & Organization, Elsevier, vol. 120(C), pages 19-45.
    24. Francisca Bremberger & Rudolf Hochholzer & Petr Huber, 2016. "Labour turnover, employment density and employer provided training: Evidence from Vienna," MENDELU Working Papers in Business and Economics 2016-59, Mendel University in Brno, Faculty of Business and Economics.
    25. Marco Caliendo & Deborah Cobb-Clark & Cosima Obst & Helke Seitz & Arne Uhlendorff, 2022. "Locus of Control and Investment in Training," Post-Print hal-04354618, HAL.
    26. Suman Ghosh & Michael Waldman, 2006. "Standard Promotion Practices Versus Up-Or-Out Contracts," Working Papers 06007, Department of Economics, College of Business, Florida Atlantic University.
    27. Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
    28. Sevilir, Merih, 2010. "Human capital investment, new firm creation and venture capital," Journal of Financial Intermediation, Elsevier, vol. 19(4), pages 483-508, October.
    29. Jung-Seung Yang, 2022. "Dynamics of Firm’s Investment in Education and Training: An Agent-based Approach," Computational Economics, Springer;Society for Computational Economics, vol. 60(4), pages 1317-1351, December.
    30. Ishida, Junichiro, 2004. "Signaling and strategically delayed promotion," Labour Economics, Elsevier, vol. 11(6), pages 687-700, December.
    31. Edward P. Lazear, 2003. "Firm-Specific Human Capital: A Skill-Weights Approach," NBER Working Papers 9679, National Bureau of Economic Research, Inc.
    32. Alison L. Booth & Pamela Katic, 2011. "Men at Work in a Land Down‐Under: Testing Some Predictions of Human Capital Theory," British Journal of Industrial Relations, London School of Economics, vol. 49(1), pages 1-24, March.
    33. Filipe Almeida-Santos & Karen Mumford, "undated". "Employee Training and Wage Compression in Britain," Discussion Papers 04/11, Department of Economics, University of York.
    34. Picchio, Matteo & van Ours, Jan C., 2011. "Market imperfections and firm-sponsored training," Labour Economics, Elsevier, vol. 18(5), pages 712-722, October.
    35. Hanming Fang & Alessandro Gavazza, 2010. "Dynamic Inefficiencies in an Employment-Based Health Insurance System: Theory and Evidence," Working Papers 10-01, Duke University, Department of Economics.
    36. Heski Bar‐Isaac & Clare Leaver, 2022. "Training, Recruitment, and Outplacement as Endogenous Adverse Selection," Economica, London School of Economics and Political Science, vol. 89(356), pages 849-861, October.
    37. Michael Waldman & Ori Zax, 2016. "An Exploration of the Promotion Signaling Distortion," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(1), pages 119-149.
    38. Vilhuber, Lars, 2001. "La spécificité de la formation en milieu de travail : un survol des contributions théoriques et empiriques récentes," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(1), pages 133-167, mars.
    39. Kornelius Kraft & Julia Lang, 2013. "Profit Sharing and Training," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(6), pages 940-961, December.
    40. Hans Gersbach & Armin Schmutzler, 2002. "A Product Market Theory of Worker Training," SOI - Working Papers 0214, Socioeconomic Institute - University of Zurich, revised Jan 2003.
    41. Ceausescu Ionut, 2013. "Theoretical And Practical Considerations Regarding The Importance Of Investment In Technology And Information In The Process Of Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 124-127, February.
    42. Maria De Paola & Vincenzo Scoppa, 2002. "Firms' Training Decisions and Unemployment in Italian Labour Markets," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 61(1), pages 103-126, June.
    43. Lisa B. Kahn, 2013. "Asymmetric Information between Employers," American Economic Journal: Applied Economics, American Economic Association, vol. 5(4), pages 165-205, October.
    44. W. Smits, 2006. "The Quality of Apprenticeship Training," Education Economics, Taylor & Francis Journals, vol. 14(3), pages 329-344.
    45. Limor Golan, 2005. "Counteroffers and Efficiency in Labor Markets with Asymmetric Information," Journal of Labor Economics, University of Chicago Press, vol. 23(2), pages 373-393, April.
    46. Stefan Bauernschuster & Oliver Falck & Stephan Heblich, 2008. "The Impact of Continuous Training on a Firm's Innovations," Economics of Education Working Paper Series 0024, University of Zurich, Department of Business Administration (IBW).
    47. Thomas J. Carter, 2021. "Delayed firm‐paid general training," Southern Economic Journal, John Wiley & Sons, vol. 87(3), pages 937-951, January.
    48. Garicano, Luis & Rayo, Luis, 2016. "Relational Knowledge Transfers," CEPR Discussion Papers 11138, C.E.P.R. Discussion Papers.
    49. Edwin Leuven, 2005. "The Economics of Private Sector Training: A Survey of the Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 19(1), pages 91-111, February.
    50. Christian Pfeifer & Simon Janssen & Philip Yang & Uschi Backes-Gellner, 2010. "Training Participation of an Aging Workforce in an Internal Labor Market," Working Paper Series in Economics 170, University of Lüneburg, Institute of Economics.
    51. Clark, Damon & Fahr, Rene, 2002. "The promise of workplace training for non-college bound youth: theory and evidence from German apprenticeship," LSE Research Online Documents on Economics 20092, London School of Economics and Political Science, LSE Library.
    52. Hamilton, Jonathan & Thisse, Jacques-François & Zenou, Yves, 1999. "Wage Competition with Heterogeneous Workers and Firms," CEPR Discussion Papers 2141, C.E.P.R. Discussion Papers.
    53. Waldman, Michael, 2013. "Classic promotion tournaments versus market-based tournaments," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 198-210.
    54. Tervio, Marko, 2006. "Career-Hopping: Learning and Turnover in an Imperfect Labor Market," Institute for Research on Labor and Employment, Working Paper Series qt7jq2v066, Institute of Industrial Relations, UC Berkeley.
    55. Jed DeVaro & Suman Ghosh & Cindy Zoghi, 2018. "Job Characteristics and Labor Market Discrimination in Promotions," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 57(3), pages 389-434, July.
    56. Malcomson, James M. & Maw, James W. & McCormick, Barry, 2003. "General training by firms, apprentice contracts, and public policy," European Economic Review, Elsevier, vol. 47(2), pages 197-227, April.
    57. Akhmedov Akhmed & Suvorov Anton, 2014. "Discretionary Acquisition of Firm-Specific Human Capital under Non-verifiable Performance," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 14(1), pages 1-34, February.
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    1. Bala, Venkatesh & Sorger, Gerhard, 1998. "The evolution of human capital in an interacting agent economy," Journal of Economic Behavior & Organization, Elsevier, vol. 36(1), pages 85-108, July.
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    5. Jens MohrenweiserBy & Gabriele Wydra-Somaggio & Thomas Zwick, 2020. "Information advantages of training employers despite credible training certificates," Oxford Economic Papers, Oxford University Press, vol. 72(3), pages 651-671.
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    9. Hans Gersbach & Armin Schmutzler, 2002. "A Product Market Theory of Worker Training," SOI - Working Papers 0214, Socioeconomic Institute - University of Zurich, revised Jan 2003.
    10. Hodaka Morita, 2002. "Multiskilling, Delegation, and Continuous Process Improvement: A Comparative Analysis of U.S.-Japanese Work Organizations," Labor and Demography 0207004, University Library of Munich, Germany.
    11. Lisa B. Kahn, 2013. "Asymmetric Information between Employers," American Economic Journal: Applied Economics, American Economic Association, vol. 5(4), pages 165-205, October.
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    13. Edwin Leuven, 2005. "The Economics of Private Sector Training: A Survey of the Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 19(1), pages 91-111, February.
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    19. Yijiang Wang, "undated". "Product Market Conditions and Job Design," Working Papers 0402, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
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    22. Mitkova, Mariya, 2020. "Social Optimum in a Model with Hierarchical Firms and Endogenous Promotion Time," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224589, Verein für Socialpolitik / German Economic Association.
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    24. Robert Gibbons, 1996. "Incentives and Careers in Organizations," NBER Working Papers 5705, National Bureau of Economic Research, Inc.
    25. Orellano, Veronica I. F. & Picchetti, Paulo, 2005. "An Analysis of Quit and Dismissal Determinants between 1988 and 1999 using the Bivariate Probit Model," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 25(1), May.
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    28. Singh Tomar, Ashish, 2022. "The Socio-Economic Challenges Facing Asia Due to Insufficient Earnings and Employment," MPRA Paper 115540, University Library of Munich, Germany.

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    2. Jiahua Che & Yingyi Qian, 1997. "Insecure Property rights and Government Ownership of Firms," William Davidson Institute Working Papers Series 51, William Davidson Institute at the University of Michigan.
    3. Tian, Lihui & Estrin, Saul, 2005. "Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?," IZA Discussion Papers 1493, Institute of Labor Economics (IZA).
    4. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.
    5. Zhu, Tian, 1998. "A theory of contract and ownership choice in public enterprises under reformed socialism: The case of China's TVEs," China Economic Review, Elsevier, vol. 9(1), pages 59-71.
    6. Xu, Chenggang & Zhang, Xiaobo, 2009. "The evolution of Chinese entrepreneurial firms: Township-village enterprises revisited," IFPRI discussion papers 854, International Food Policy Research Institute (IFPRI).
    7. V N Balasubramanyam & X Fu, 2002. "Township and village enterprises in China," Working Papers 539923, Lancaster University Management School, Economics Department.
    8. Xiangming Fang & Rodney Smith, 2008. "Barriers to Efficiency and the Privatisation of Township-Village Enterprises," Journal of Development Studies, Taylor & Francis Journals, vol. 44(3), pages 409-424.
    9. Yingyi Qian, 2002. "How Reform Worked in China," William Davidson Institute Working Papers Series 473, William Davidson Institute at the University of Michigan.
    10. Cao, Kang Hua & Birchenall, Javier A., 2013. "Agricultural productivity, structural change, and economic growth in post-reform China," Journal of Development Economics, Elsevier, vol. 104(C), pages 165-180.
    11. Hongbin Li & Lingsheng Meng & Junsen Zhang, 2005. "Why Do Entrepreneurs Enter Politics?," Discussion Papers 00009, Chinese University of Hong Kong, Department of Economics.
    12. Jihua Che, 2002. "Rent Seeking and Government Ownership of Firms: An Application to China???s Township-Village Enterprises," William Davidson Institute Working Papers Series 497, William Davidson Institute at the University of Michigan.
    13. Chang, C. & Liao, G. & Yu, X. & Ni, Z., 2009. "Information from Relationship Lending : Evidence from China," Other publications TiSEM 9ef448b0-b647-4a71-96e9-5, Tilburg University, School of Economics and Management.
    14. Guo, Di & Jiang, Kun & Xu, Chenggang & Yang, Xiyi, 2022. "Industrial clustering, income and inequality in rural China," World Development, Elsevier, vol. 154(C).
    15. Jiahua Che & Yingyi Qian, "undated". "Institutional Environment, Community Government, and Corporate Governance: Understanding China's Township-Village Enterprises," Working Papers 97043, Stanford University, Department of Economics.
    16. Lu, Jiangyong & Tao, Zhigang & Yang, Zhi, 2010. "The costs and benefits of government control: Evidence from China's collectively-owned enterprises," China Economic Review, Elsevier, vol. 21(2), pages 282-292, June.
    17. Chun Chang Yijiang Wang & Brian McCall & Yijiang Wang, 2000. "Incentive Contracting versus Ownership Reforms: Evidence from China's Township and Village Enterprises," William Davidson Institute Working Papers Series 365, William Davidson Institute at the University of Michigan.
    18. Jeffrey Sachs & Wing Thye Woo & Xiaokai Yang, 2000. "Economic Reforms and Constitutional Transition," Annals of Economics and Finance, Society for AEF, vol. 1(2), pages 423-479, November.
    19. Ito, Junichi, 2006. "Economic and institutional reform packages and their impact on productivity: A case study of Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 34(1), pages 167-190, March.
    20. Anthony Gar-On Yeh & Zifeng Chen, 2020. "From cities to super mega city regions in China in a new wave of urbanisation and economic transition: Issues and challenges," Urban Studies, Urban Studies Journal Limited, vol. 57(3), pages 636-654, February.
    21. Jeffrey D. Sachs & Wing Thye Woo, 1997. "Understanding China's Economic Performance," Harvard Institute of Economic Research Working Papers 1793, Harvard - Institute of Economic Research.
    22. Loren Brandt & Hongbin Li & Joanne Roberts, 2004. "Why Do Governments Privatize?," Discussion Papers 00007, Chinese University of Hong Kong, Department of Economics.
    23. Fantazzini, Dean & DeGiuli, Maria Elena & Figini, Silvia & Giudici, Paolo, 2009. "Enhanced credit default models for heterogeneous SME segments," Journal of Financial Transformation, Capco Institute, vol. 25, pages 31-39.
    24. Zhan, Shaohua, 2015. "From Privatization to Deindustrialization: Implications of Chinese Rural Industry and the Ownership Debate Revisited," World Development, Elsevier, vol. 74(C), pages 108-122.
    25. Choe, Chongwoo & Yin, Xiangkang, 2000. "Contract management responsibility system and profit incentives in China's state-owned enterprises," China Economic Review, Elsevier, vol. 11(1), pages 98-112.
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    41. Jiatao Li & Yi Tang, 2013. "The Social Influence of Executive Hubris," Management International Review, Springer, vol. 53(1), pages 83-107, February.
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    45. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
    46. Jieming Zhu & Yan Guo, 2015. "Rural development led by autonomous village land cooperatives: Its impact on sustainable China’s urbanisation in high-density regions," Urban Studies, Urban Studies Journal Limited, vol. 52(8), pages 1395-1413, June.
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    Cited by:

    1. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.
    2. ., 2013. "The Needham Puzzle, the Weber Question and China's Miracle: Long Term Performance since the Sung Dynasty," Chapters, in: D. S.P. Rao & Bart van Ark (ed.), World Economic Performance, chapter 3, pages 42-87, Edward Elgar Publishing.
    3. James Angresano, 1994. "Evolving Socio‐economic Conditions in Central and Eastern Europe: A Myrdalian View," Development Policy Review, Overseas Development Institute, vol. 12(3), pages 251-276, September.
    4. Kornai, János, 1996. "Négy jellegzetesség. A magyar fejlődés politikai gazdaságtani megközelítésben. Második rész [Four characteristic features. Development in Hungary from the aspect of political economy - II]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-29.
    5. Johnson, Simon & Kouvelis, Panos & Sinha, Vikas, 1997. "On Reform Intensity under Uncertainty," Journal of Comparative Economics, Elsevier, vol. 25(3), pages 297-321, December.
    6. Anders Åslund & Peter Boone & Simon Johnson, 1996. "How to Stabilize: Lessons from Post-communist Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 217-314.
    7. Vonnegut, Andrew, 2009. "Institutions and initial conditions in transition: reconciling neo-institutional and neo-classical conceptions," MPRA Paper 24563, University Library of Munich, Germany, revised 2010.
    8. Kornai, János, 2000. "Tíz évvel a Röpirat angol kiadásának megjelenése után. A szerző önértékelése [Ten years after the English edition of `The Road to a Free Economy'. The author's self-evaluation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 647-661.
    9. Janos Kornai, 2001. "Ten Years after “The Road to a Free Economy”: Self-estimate of the Author," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 42-60.
    10. Jorge F. Pérez-López, 2003. "The Legacies of Socialism: Some Issues for Cuba's Transition," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 13.
    11. Polterovich, Victor & Katyshev, Pavel, 2006. "Политика Реформ, Начальные Условия И Трансформационный Спад [Reform policies, initial conditions, and transformational recession]," MPRA Paper 21551, University Library of Munich, Germany.
    12. John Marangos, 2005. "A Political Economy Approach to the Neoclassical Gradualist Model of Transition," Journal of Economic Surveys, Wiley Blackwell, vol. 19(2), pages 263-293, April.
    13. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    14. Kornai, János, 2004. "Mit tanulhatnak a posztszocialista átalakulás útjára lépő országok az átmenet eddigi tapasztalataiból? [What can countries embarking on post-socialist transformation learn from the experiences so f," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 899-923.
    15. El-hadj Bah & Josef C. Brada, 2014. "Labor Markets in the Transition Economies: An Overview," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 3-53, June.
    16. Warren Moskowitz & Stephen Yeaple, 1995. "The literature on privatization," Research Paper 9514, Federal Reserve Bank of New York.
    17. Justin Yifu Lin & Fang Cai & Zhou Li, 1994. "China's economic reforms : pointers for other economies in transition?," Policy Research Working Paper Series 1310, The World Bank.
    18. Dominique Van De Walle & Dorothyjean Cratty, 2004. "Is the emerging non‐farm market economy the route out of poverty in Vietnam?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(2), pages 237-274, June.
    19. Bai, Chong-En & Li, David D. & Tao, Zhigang & Wang, Yijiang, 2000. "A Multitask Theory of State Enterprise Reform," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 716-738, December.
    20. Jacek Kochanowicz & Piotr Kozarzewski & Richard Woodward, 2005. "Understanding Reform: The Case of Poland," CASE Network Reports 0059, CASE-Center for Social and Economic Research.
    21. Piotr Kozarzewski, 2006. "Privatization and Corporate Governance in Poland: Problems and Trends," CASE Network Studies and Analyses 0325, CASE-Center for Social and Economic Research.
    22. Voszka, Éva, 2019. "Elvesztett illúziók - reformközgazdászok a rendszerváltásban [Lost illusions - reform economists in the years of transition]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1284-1311.

  18. Wang, Yijiang, 1993. "Eastern Europe and China: Institutional development as a resource allocation problem," China Economic Review, Elsevier, vol. 4(1), pages 37-47.

    Cited by:

    1. Yifu, Justin & Wang, Yan, 2009. "China's Integration with the World: Development as a Process of Learning and Industrial Upgrading," Policy Research Working Paper Series 4799, The World Bank.
    2. Du, Yuxin & Teixeira, Aurora A.C., 2012. "A bibliometric account of Chinese economics research through the lens of the China Economic Review," China Economic Review, Elsevier, vol. 23(4), pages 743-762.

  19. Wang, Yijiang, 1991. "Economic reform, fixed capital investment expansion, and inflation: A behavioral model based on the Chinese experience," China Economic Review, Elsevier, vol. 2(1), pages 3-27.

    Cited by:

    1. Bai, Chong-en & Wang, Yijiang, 1998. "Bureaucratic Control and the Soft Budget Constraint," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 41-61, March.
    2. Wang, Yijiang & Chang, Chun, 1998. "Economic transition under a semifederalist government: The experience of China," China Economic Review, Elsevier, vol. 9(1), pages 1-23.
    3. Chenggang Xu, 2011. "The Fundamental Institutions of China's Reforms and Development," Journal of Economic Literature, American Economic Association, vol. 49(4), pages 1076-1151, December.
    4. Sergey Sinelnikov & Pavel Kadochnikov & Ilya Trunin (ed.), 2006. "Fiscal Federalism in Russia: Soft Budget Constraints of Regional Governments," Books, Gaidar Institute for Economic Policy, edition 1, number 4, November.
    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), vol. 0(7), pages 608-624.
    6. Yin Zhang & Guanghua Wan, 2004. "Output and Price Fluctuations in China's Reform Years: What Role did Money Play?," WIDER Working Paper Series RP2004-56, World Institute for Development Economic Research (UNU-WIDER).
    7. Dwight H. Perkins, 1994. "Completing China's Move to the Market," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 23-46, Spring.
    8. J. Kornai & E. Maskin & G. Roland, 2004. "Understanding the Soft Budget Constraint," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    9. Sergey Sinelnikov & Pavel Kadochnikov & Ilya Trunin & Sergey Chetverikov & Marianne Vigneault, 2006. "Fiscal Federalism in Russia: Soft Budget Constraints of Regional Governments," Published Papers 47, Gaidar Institute for Economic Policy, revised 2012.
    10. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
    11. Xu, Cheng-Gang & Maskin, Eric, 2001. "Soft Budget Constraint Theories: From Centralization to the Market," CEPR Discussion Papers 2715, C.E.P.R. Discussion Papers.

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