Mobile payment in China: Practice and its effects

Y Huang, X Wang, X Wang - Asian Economic Papers, 2020 - direct.mit.edu
This paper offers a comprehensive review and careful assessment of China's mobile
payment business. With broad access, low costs, and reliable transactions, mobile payments …

Foreign direct investment along the Belt and Road: A political economy perspective

J Li, A Van Assche, L Li, G Qian - Journal of International Business Studies, 2022 - Springer
In 2013, China launched its ambitious Belt and Road Initiative (BRI), a large portfolio of
infrastructure projects across 71 countries intended to link Eurasian markets by rail and sea …

Zombie firms and the crowding-out of private investment in China

Y Tan, Y Huang, WT Woo - Asian Economic Papers, 2016 - direct.mit.edu
From a data set of Chinese firms in the 2005–07 period, we find that government investment
boosted the performance of zombie firms and crowded out the growth of private firms; we …

China meets the middle-income trap: the large potholes in the road to catching-up

WT Woo - Journal of Chinese Economic and Business Studies, 2012 - Taylor & Francis
We follow Woo (2011) in using the Catch-Up Index (CUI) to define the middle-income trap
and identify the countries caught in it. The CUI shows that China became a middle-income …

The many lives of state capitalism: From classical Marxism to free-market advocacy

N Sperber - History of the Human Sciences, 2019 - journals.sagepub.com
State capitalism has recently come to the fore as a transversal research object in the social
sciences. Renewed interest in the notion is evident across several disciplines, in scholarship …

Financial inclusion in China: Use of credit

Z Chen, M ** - Journal of Family and Economic Issues, 2017 - Springer
Limited access to credit can cause financial vulnerability for a household and economic loss
for a country. Previous studies have shown that only small portions of the population in …

Do innovation subsidies make chinese firms more innovative? evidence from the china employer employee survey

H Cheng, H Fan, T Hoshi, D Hu - 2019 - nber.org
The Chinese government has been using various subsidies to encourage innovations by
Chinese firms. This paper examines the allocation and impacts of innovation subsidies …

China's soft budget constraint on the demand-side undermines its supply-side structural reforms

WT Woo - China Economic Review, 2019 - Elsevier
China's growth rate has been declining every year since 2010, from 10.6% to 6.7% in 2016,
and the IMF expects it to drop further, to 5.8% in 2021. Expert opinion on what to do has …

State ownership, political connection, and innovation subsidies in China

H Cheng, H Fan, T Hoshi, D Hu - Journal of the Japanese and International …, 2024 - Elsevier
We examine how a firm's political connection measured by the membership of its CEO in the
People's Congress (PC) or Chinese People's Political Consultative Conference (CPPCC) …

Capital accumulation in a politically unstable region

R Herrala, R Turk-Ariss - Journal of International Money and Finance, 2016 - Elsevier
We investigate the different channels by which political instability impacts capital
accumulation using a unique data of firms from the Middle East and North Africa (MENA), a …