Do ideology movements and legal intervention matter: A synthetic control analysis of the Chongqing Model
Yang Zhou
European Journal of Political Economy, 2018, vol. 51, issue C, 44-56
Abstract:
Institutions have a fundamental influence on the economic performance of a regime. Among the various aspects of institutions, ideology and the legal system are two important ones. Chongqing Municipality, a province-level region in China, experienced such a combination with a unique leader from late 2007 to early 2012. This paper investigates, via the Synthetic Control Method, the economic performance of Chongqing in the last 13 years. In particular, it discusses the impact of the red ideology movements and legal intervention undertaken by Bo Xilai. The results reveal that although his economic policies promoted the Chongqing economy, the Maoist political policies advocated by Bo partially undermined its economic growth in the short run.
Keywords: K14; K42; P26; P37; Political economy; Ideology; Legal intervention; Chongqing; Synthetic control method (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0176268016303524
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:51:y:2018:i:c:p:44-56
DOI: 10.1016/j.ejpoleco.2017.03.010
Access Statistics for this article
European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung
More articles in European Journal of Political Economy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().