文献详情
Does contracting institution affect the patterns of industrial specialization in China?
文献类型：期刊
通讯作者：Zhou, SJ (reprint author), Tsinghua Univ, Sch Publ Policy & Management, Beijing, Peoples R China.
期刊名称：CHINA ECONOMIC REVIEW
年：2019
卷：54
页码：191-203
ISSN：1043-951X
关键词：Contracting institution; Legal rule; Contract service; Industrial specialization; China
所属部门：财政金融学院
摘要：This study evaluates the importance of contracting institutions as a source of comparative advantage across Chinese provinces. We find that industries differ in their reliance on relationship specific investments. Provinces with better contracting institutions specialize in industries with more intensive relationship-specific investments. We implement two proxies to measure contracting institutions, including efficiency of the legal system and service of contract enforcement. The empirical resul ...More
This study evaluates the importance of contracting institutions as a source of comparative advantage across Chinese provinces. We find that industries differ in their reliance on relationship specific investments. Provinces with better contracting institutions specialize in industries with more intensive relationship-specific investments. We implement two proxies to measure contracting institutions, including efficiency of the legal system and service of contract enforcement. The empirical results of this study indicate that contracting institutions play a role in shaping the patterns of industrial specialization. Specifically, the service of contract enforcement has the first order effect on the patterns of industrial specialization in. China; by contrast, legal jurisdiction plays a modest role. ...Hide

DOI：10.1016/j.chieco.2018.11.003
百度学术：Does contracting institution affect the patterns of industrial specialization in China?
语言：外文
人气指数：1
浏览次数：1
基金：MOE Project of Key Research Institute of Humanities and Social Sciences at Universities [16JJD790056]; Fundamental Research Funds for the Central UniversitiesFundamental Research Funds for the Central Universities; Research Funds of Renmin University of China [13XNJ003]; National Natural Science Foundation of ChinaNational Natural Science Foundation of China [71273006]; National foundation for philosophy and social sciences of China [17ZDA077]; Tsinghua University Scientific Research Program Initiative [2017THZWYY03]
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