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Publications (3)
Working Paper
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– Lessons from 19th-century America and 21st-century China
How do modern fiscal states arise? Perhaps the most dominant explanation, based on the European experience, is that democratic institutions that limited the extractive power of states—exemplified by the 1688 Glorious Revolution in England—paved the way for the rise of fiscal capacity and subsequent...
Working Paper
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– What’s China got to do with it?
The term fiscal resource curse refers to countries’ inability to raise taxes from a broad base in the presence of natural resources. We employ a novel instrumental variable strategy to estimate the causal effect of resource revenues on non-resource tax effort by exploiting the so-called ‘China shock...
Working Paper
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Ever since 1978, China has been making more and more progress in her economic system reform and gaining popularity around the world. This paper gives a general picture of China's economic system reform: its background, problems, policies, achievements and prospects.The Stalinist model was almost...
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