2019

何青——CHINA ECONOMIC REVIEW:Does contracting institution affect the patterns of industrial specialization in China?

时间:2019-04-10
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
上一篇:许敬轩,王小龙——《经济研究》:多维绩效考核、中国式政府竞争与地方税收征管 下一篇:刚健华,钱宗鑫,陈凡——QUANTITATIVE FINANCE:The Aumann-Serrano Risk Factor and Asset Pricing: Evidence from the Chinese A-Share Market
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