Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 锺剑修教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.jdeveco.2013.07.002 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/0WOS source URL
其它资讯
摘要Developing countries with low tax capacity may rely on predation to finance government functions. Government predation, in turn, is often accused of imposing a choking effect on state-owned enterprises (SOEs), contributing to the latter's poor performance. We formalize this choking effect as a problem of inefficient predation that arises from time inconsistency, and show that having multiple government bodies supervising the same SOE may mitigate this problem. Our theory provides an efficiency rationale for the Chinese style of decentralization before 1978, and challenges the wisdom of China's recent enterprise reform that attempted to consolidate supervisory power. (C) 2http://aims.cuhk.edu.hk/converis/portal/Publication/013 Elsevier B.V. All rights reserved.
着者Cheng YS, Chung KS
期刊名称Journal of Development Economics
出版年份2http://aims.cuhk.edu.hk/converis/portal/Publication/013
月份11
日期1
卷号1http://aims.cuhk.edu.hk/converis/portal/Publication/05
出版社Elsevier
页次69 - 76
国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/03http://aims.cuhk.edu.hk/converis/portal/Publication/04-3878
电子国际标準期刊号1872-6http://aims.cuhk.edu.hk/converis/portal/Publication/089
语言英式英语
关键词Government predation; Policy burden; State-owned enterprises; Transitional economies
Web of Science 学科类别Business & Economics; Economics; ECONOMICS
