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The stained China miracle: Corruption, regulation, and firm performance

Author

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  • Jiang, Ting
  • Nie, Huihua

Abstract

Regional corruptness in China has a positive effect on the profitability of private firms, but not that of state-owned firms. A natural experiment of exogenous trade policy change suggests that corruption may help private firms circumvent government regulation.

Suggested Citation

  • Jiang, Ting & Nie, Huihua, 2014. "The stained China miracle: Corruption, regulation, and firm performance," Economics Letters, Elsevier, vol. 123(3), pages 366-369.
  • Handle: RePEc:eee:ecolet:v:123:y:2014:i:3:p:366-369
    DOI: 10.1016/j.econlet.2014.03.026
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    References listed on IDEAS

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    Cited by:

    1. repec:eee:finlet:v:23:y:2017:i:c:p:190-195 is not listed on IDEAS
    2. Colin C. Williams & Abbi M. Kedir, 2016. "The Impacts Of Corruption On Firm Performance: Some Lessons From 40 African Countries," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(04), pages 1-18, December.
    3. repec:eee:ecolet:v:164:y:2018:i:c:p:112-116 is not listed on IDEAS
    4. Monica Violeta Achim, 2016. "Cultural Dimension of Corruption: A Cross-Country Survey," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(3), pages 333-345, August.
    5. Leonardo Andrade Rocha & Ahmad Saeed Khan & Patrícia Verônica Pinheiro Sales Lima & Maria Ester Dal Poz & Fernando Porfirio Soares De Oliveira, 2016. "Corrupção, Burocracia E Outras Falhas Institucionais: O “Câncer” Da Inovação E Do Desenvolvimento," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 090, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    6. repec:eee:finlet:v:24:y:2018:i:c:p:179-185 is not listed on IDEAS
    7. Colin C. Williams & Alvaro Martinez-Perez, 2016. "Evaluating the impacts of corruption on firm performance in developing economies: an institutional perspective," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 16(4), pages 401-422.

    More about this item

    Keywords

    Corruption; Regulation; Ownership; China;

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • P3 - Economic Systems - - Socialist Institutions and Their Transitions

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