The political economy of private firms in China
The sweeping change in political economy associated with the spectacular growth of the private sector in China is rarely studied empirically in the economics literature. This paper fills this gap. The central subject of this paper is the nature of the political economy of the Chinese private sector...
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| Format: | Article |
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Elsevier
2014
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| Online Access: | https://eprints.nottingham.ac.uk/50615/ |
| _version_ | 1848798297233293312 |
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| author | Guo, Di Jiang, Kun Kim, Byung-Yeon Xu, Chenggang |
| author_facet | Guo, Di Jiang, Kun Kim, Byung-Yeon Xu, Chenggang |
| author_sort | Guo, Di |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The sweeping change in political economy associated with the spectacular growth of the private sector in China is rarely studied empirically in the economics literature. This paper fills this gap. The central subject of this paper is the nature of the political economy of the Chinese private sector and of the Communist Party of China during these changes. We empirically examine the dynamics of rent creation from the Party membership and other political connections when the regime is changed from anti-capitalistic to procapitalistic. Endogeneity problems are addressed. We identify the causality of rents and the political connections of private entrepreneurs. |
| first_indexed | 2025-11-14T20:17:32Z |
| format | Article |
| id | nottingham-50615 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T20:17:32Z |
| publishDate | 2014 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-506152020-05-04T16:47:14Z https://eprints.nottingham.ac.uk/50615/ The political economy of private firms in China Guo, Di Jiang, Kun Kim, Byung-Yeon Xu, Chenggang The sweeping change in political economy associated with the spectacular growth of the private sector in China is rarely studied empirically in the economics literature. This paper fills this gap. The central subject of this paper is the nature of the political economy of the Chinese private sector and of the Communist Party of China during these changes. We empirically examine the dynamics of rent creation from the Party membership and other political connections when the regime is changed from anti-capitalistic to procapitalistic. Endogeneity problems are addressed. We identify the causality of rents and the political connections of private entrepreneurs. Elsevier 2014-04-02 Article PeerReviewed Guo, Di, Jiang, Kun, Kim, Byung-Yeon and Xu, Chenggang (2014) The political economy of private firms in China. Journal of Comparative Economics, 42 (2). pp. 286-303. ISSN 0147-5967 Party membership; China; Political connections; Private firms https://www.sciencedirect.com/science/article/pii/S0147596714000225 doi:10.1016/j.jce.2014.03.006 doi:10.1016/j.jce.2014.03.006 |
| spellingShingle | Party membership; China; Political connections; Private firms Guo, Di Jiang, Kun Kim, Byung-Yeon Xu, Chenggang The political economy of private firms in China |
| title | The political economy of private firms in China |
| title_full | The political economy of private firms in China |
| title_fullStr | The political economy of private firms in China |
| title_full_unstemmed | The political economy of private firms in China |
| title_short | The political economy of private firms in China |
| title_sort | political economy of private firms in china |
| topic | Party membership; China; Political connections; Private firms |
| url | https://eprints.nottingham.ac.uk/50615/ https://eprints.nottingham.ac.uk/50615/ https://eprints.nottingham.ac.uk/50615/ |