China Incorporated

Krug, Barbara; Hendrischke, H.

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China Incorporated

ERIM Report Series Reference No. ERS-2001-81-ORG

42 Pages Posted: 26 Aug 2006

See all articles by Barbara Krug

Barbara Krug

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM); Erasmus Research Institute of Management (ERIM)

H. Hendrischke

University of New South Wales (UNSW) - Faculty of Arts and Social Sciences

There are 2 versions of this paper

Date Written: January 9, 2001

Abstract

The development of entrepreneurship and a private business sector in China pose various challenges to analysis. On the one hand, neo-classically based New Institutional Economics aims to find evidence that long-term investment and long-term commitment in and around firms can not be expected without deeply entrenched and state guaranteed private property rights. On the other hand, empirical studies within the China field concentrate on the political processes, in particular the interaction between the central state and local governments, at the danger of neglecting market forces, economic interests, and economic problems at stake. The empirical study on which the following is based took a different path by using a set of framing assumptions.

Keywords: China, privatization, entrepreneurship, institutional economics, local governments

JEL Classification: M, M10, L2, P27, P51

Suggested Citation: Suggested Citation

Krug, Barbara and Hendrischke, Hans, China Incorporated (January 9, 2001). ERIM Report Series Reference No. ERS-2001-81-ORG, Available at SSRN: https://ssrn.com/abstract=848811