The Stained China Miracle: Corruption, Regulation, and Firm Performance

Posted: 27 Apr 2014

See all articles by Ting Jiang

Ting Jiang

Renmin University of China - School of Economics

Huihua Nie

Renmin University of China - School of Economics

Date Written: April 25, 2014

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

JEL Classification: H8, L2, L5, P3

Suggested Citation

Jiang, Ting and Nie, Huihua, The Stained China Miracle: Corruption, Regulation, and Firm Performance (April 25, 2014). Economics Letters, Vol. 123, No. 3, 2014, Available at SSRN: https://ssrn.com/abstract=2429292

Ting Jiang

Renmin University of China - School of Economics ( email )

No. 59, Zhongguancun Street
Beijing, Beijing 100080
China

Huihua Nie (Contact Author)

Renmin University of China - School of Economics ( email )

59 Zhongguancun St., Haidian
School of Economics, RUC
Beijing, Beijing 100872
China

HOME PAGE: http://www.niehuihua.com

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