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Publications (6)
Working Paper
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– Field Evidence from South Africa and Uganda
A new methodology, Tracking Under-Reported Financial Flows (TUFF), allows us to systematically gather open-source information—e.g. news reports, case studies, project inventories from embassy websites, and grant and loan data published by recipient governments—about Chinese development finance...
Research Brief
China is the world’s largest developing country and its huge population requires a similarly large agricultural sector to sustain it. A major challenge for China faces is working out how increasing demands for food can be met at the same time as reducing greenhouse gas (GHG) emissions. Despite the...
Working Paper
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Agriculture is one of the major greenhouse gas (GHG) emission sources in China. This paper aims to identify the key factors that have led to rising GHG emissions in China’s agricultural sector in recent decades. This research allows for spatial dependence across provinces, making use of regional...
WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
A property rights regime covers rights to use, lease, donate, bequest, and sell assets or collect the incomes generated by assets. A clear and transparent property rights regime facilitates investment and economic growth. While private property is considered by many to be the most superior type of...
Working Paper
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– A Rent Seeking Model of China’s Township-Village Enterprises
I present a study of ownership of firms under government rent seeking. Using its control of regulated inputs, a government agency extracts rents from a manager who undertakes an investment. Such a government rent seeking activity leads to a typical hold-up problem. Government ownership is shown to...
Working Paper
pdf
In the 1990s, a new ownership form called ‘joint-stock co-operative’ (gufen hezuozhi) became widely adopted in China’s township and village enterprise sector. The promising dynamics and high adaptive ability of the new ownership form is in contradiction with the conclusions suggested by the existing...
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