Article ID Journal Published Year Pages File Type
5059312 Economics Letters 2014 4 Pages PDF
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
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The stained China miracle: Corruption, regulation, and firm performance
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