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Decentralization, agency costs, and the new economic constitution of China

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  • Eric Ip
  • Michael Law

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  • Eric Ip & Michael Law, 2011. "Decentralization, agency costs, and the new economic constitution of China," Constitutional Political Economy, Springer, vol. 22(4), pages 355-372, December.
    • Handle: RePEc:kap:copoec:v:22:y:2011:i:4:p:355-372
    DOI: 10.1007/s10602-011-9110-3
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    References listed on IDEAS

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    1. Stefan Voigt, 2011. "Positive constitutional economics II—a survey of recent developments," Public Choice, Springer, vol. 146(1), pages 205-256, January.
    2. Douglass C. North, 1990. "A Transaction Cost Theory of Politics," Journal of Theoretical Politics, , vol. 2(4), pages 355-367, October.
    3. Erik Wibbels, 2005. "Decentralized Governance, Constitution Formation, and Redistribution," Constitutional Political Economy, Springer, vol. 16(2), pages 161-188, June.
    4. Zhang, Xiaobo, 2006. "Fiscal decentralization and political centralization in China: Implications for growth and inequality," Journal of Comparative Economics, Elsevier, vol. 34(4), pages 713-726, December.
    5. Tom Ginsburg, 2002. "Comparative Administrative Procedure: Evidence from Northeast Asia," Constitutional Political Economy, Springer, vol. 13(3), pages 247-264, September.
    6. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922.
    7. Huang,Yasheng, 2008. "Capitalism with Chinese Characteristics," Cambridge Books, Cambridge University Press, number 9780521898102.
    8. Roger D. Congleton & Birgitta Swedenborg (ed.), 2006. "Democratic Constitutional Design and Public Policy: Analysis and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262033496, December.
    9. Roger Congleton & Andreas Kyriacou & Jordi Bacaria, 2003. "A Theory of Menu Federalism: Decentralization by Political Agreement," Constitutional Political Economy, Springer, vol. 14(3), pages 167-190, September.
    10. Li, Grace, 2009. "Can the PRC'S new anti-monopoly law stop monopolistic activities: Let the PRC'S telecommunications industry tell you the answer," Telecommunications Policy, Elsevier, vol. 33(7), pages 360-370, August.
    11. C. Fred Bergsten & Charles Freeman & Nicholas R. Lardy, 2008. "China's Rise: Challenges and Opportunities," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4174, October.
    12. Pranab Bardhan & Dilip Mookherjee (ed.), 2006. "Decentralization and Local Governance in Developing Countries: A Comparative Perspective," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262524546, December.
    13. Linda Yueh, 2010. "The Economy of China," Books, Edward Elgar Publishing, number 3705.
    14. Weingast, Barry R, 1995. "The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(1), pages 1-31, April.
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    Citations

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    Cited by:

    1. Mel Marquis, 2013. "Abuse of administrative power to restrict competition in China: four reflections, two ideas and a thought," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), The Chinese Anti-Monopoly Law, chapter 2, pages 73-141, Edward Elgar Publishing.
    2. Hong Zhu & Qi Zhu, 2016. "Mergers and acquisitions by Chinese firms: A review and comparison with other mergers and acquisitions research in the leading journals," Asia Pacific Journal of Management, Springer, vol. 33(4), pages 1107-1149, December.

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    More about this item

    Keywords

    China; Decentralization; Administrative monopoly; Agency costs; Economic constitution; Anti-Monopoly Law; D73; D78; K21;
    All these keywords.

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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