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Which Enterprises (Believe They) Have Soft Budgets?Evidence on the Effects of Ownership and Decentralization in Mongolia
Enterprises (Believe They) Have Soft Budgets Ownership and Decentralization Mongolia
2015/9/22
To ascertain the prevalence of soft budgets and to find causes of softness, we surveyed Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of t...
Growth and Decentralization in Bad Times Preliminary
organization decentralization uncertainty growth
2015/7/15
Is decentralization beneÖcial to Örm performance in ìbad timesî? We present a model where negative demand shocks increase the importance of rapid action, and improve the alignment of in...
Fiscal decentralization, local government competition and farmland conversion in China: the co-integration analysis and the GMM estimation based on the inter-provincial panel data
farmland conversion fiscal decentralization panel data China
2014/2/24
Based on the Chinese provincial panel data from 1995 to 2008, using the panel co-integration method, this paper presents an empirical study on the long-term equilibrium relationship between the fiscal...