The stained China miracle: Corruption, regulation, and firm performance

Ting Jiang and Huihua Nie

Economics Letters, 2014, vol. 123, issue 3, 366-369

Abstract: Regional corruptness in China has a positive effect on the profitability of private firms, but not that of state-owned firms. A natural experiment of exogenous trade policy change suggests that corruption may help private firms circumvent government regulation.

Keywords: Corruption; Regulation; Ownership; China (search for similar items in EconPapers)
JEL-codes: H8 L2 L5 P3 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (55)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:123:y:2014:i:3:p:366-369

DOI: 10.1016/j.econlet.2014.03.026

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