Arbeitspapier
Towards Behavioral Political Economy of Institutional Change: With Field Facts from China
This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government's choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local officials and private businessmen. With field facts in China, this study suggests that institutional changes begin with pro-competition policies, then a better protection of property rights, followed by a possible standstill or even worse rule of law.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 4956
- Classification
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Wirtschaft
Analysis of Collective Decision-Making: General
Institutions and Growth
Socialist Systems and Transitional Economies: Political Economy; Property Rights
- Subject
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behavioral economics
China
institutional change
political economy
- Event
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Geistige Schöpfung
- (who)
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Zhang, Yongjing
Wang, Mei
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Zhang, Yongjing
- Wang, Mei
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2014