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Government expropriation and Chinese-style firm diversification (2014)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Government expropriation and Chinese-style firm diversification
Publication in refereed journal


香港中文大学研究人员 ( 现职)
杜巨澜教授 (经济学系)


全文


引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/2WOS source URL
Scopushttp://aims.cuhk.edu.hk/converis/portal/Publication/0Scopus source URL

其它资讯

摘要Firm diversification across unrelated businesses is prevalent in many emerging economies, in contrast to the practices in developed economies. A fundamental difference between these two types of economies concerns with the existence of sound economic institutions including in particular the institutions constraining government expropriation of private properties. In this paper, using a survey data set of private enterprises in China, we find that severer government expropriation in the form of higher informal levies, extralegal payments, and entertainment fees causes firms to diversify. We then provide two case studies to highlight the extra costs that China's private entrepreneurs need to bear for doing businesses, and how they can subsequently leverage their relations with government bureaucrats to diversify into various businesses. ? http://aims.cuhk.edu.hk/converis/portal/Publication/2http://aims.cuhk.edu.hk/converis/portal/Publication/014 Association for Comparative Economic Studies.

着者Du J., Lu Y., Tao Z.
期刊名称Journal of Comparative Economics
出版年份http://aims.cuhk.edu.hk/converis/portal/Publication/2http://aims.cuhk.edu.hk/converis/portal/Publication/014
月份8
日期http://aims.cuhk.edu.hk/converis/portal/Publication/2http://aims.cuhk.edu.hk/converis/portal/Publication/2
卷号43
期次1
出版社Academic Press
出版地United States
国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/0147-5967
电子国际标準期刊号1http://aims.cuhk.edu.hk/converis/portal/Publication/095-7http://aims.cuhk.edu.hk/converis/portal/Publication/2http://aims.cuhk.edu.hk/converis/portal/Publication/27
语言英式英语

关键词China's private enterprises, Economic institutions, Firm diversification, Government expropriation

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