Search

Actual environmental pollution will worsen people's perception of environmental problems, which may affect people's perception of government corruption, and thus affect the governments' credibility and social stability. From the micro perspective of residents' comprehensive feelings on environmental issues, this paper uses panel data for the period 2014–2018 obtained from a large‐scale dynamics survey in China to investigate the impact of environmental issues on corruption perception. The empirical results suggest that residents' perception of environmental problems has a significantly positive linear correlation with their corruption perception. Moreover, the causal explanation of this correlation is strengthened after the introduction of exogenous environmental condition variables that profoundly affect residents' environmental perception and after mitigating endogenous bias via the instrumental variable method. The findings of this study deeply reveal the political value of environmental governance, suggesting that the deterioration of environmental problems can increase public perception of government corruption, and this relationship is distinct in different demographic groups. [ABSTRACT FROM AUTHOR]

Our paper is the first to examine the impact of government‐firm collusion on firm tax avoidance in China by applying an instrumental variable approach. We take political turnover of local leaders as an external shock to the existing collusion and investigate firms' tax avoidance activities during local leadership transition. By using data on political turnover of prefectural leaders and listed firms from 2007 to 2014, we find that political turnover leads to the instability of existing collusion, and consequently a decrease in firm tax avoidance. This provides evidence of the pre‐existing collusion between government and firms. We then rule out the possibility that such change is driven by the effect of political uncertainty or tax competition by considering the heterogeneous effect of firms and cities. Finally, we show that firms' political connections, captured by political ties and ownership of firms, stabilize the existing collusion and help firms maintain their advantage while facing external political shocks. [ABSTRACT FROM AUTHOR]

This paper investigates the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2010, we find that African economies that export natural resources have benefited from positive terms-of-trade effects. In addition, there is evidence for displacement effects of African firms due to competition from China. On the other hand, Chinese foreign investment and aid in Africa does not appear to have a significant impact on African growth. [ABSTRACT FROM AUTHOR]

Using a unique firm level data, this paper analyses the role of political connections in the post-entry performance of private start-up companies in China. It documents robust evidence that political affiliation enhances firms' survival and growth prospects. But interestingly politically neutral start-ups enjoy faster productivity improvements conditional on survival. In addition, the benefits of political connections are largely confined to firms associated with local or top level governments, and they are more pronounced in capital-intensive industries. We conclude that the close association between the state and a segment of the business community is leading to sub-optimal resource allocation in the economy by interfering with the process of market selection. [ABSTRACT FROM AUTHOR]

Copyright of Kyklos is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Using a rich panel data set, we provide a rigorous analysis of the relationship between access to external finance, foreign direct investment and the exports of private enterprises in China. We conclude that, in order to foster the exports of indigenous enterprises, the elimination of financial discrimination against private firms is likely to be a more effective policy tool than the reliance on spillovers from multinational firms. [ABSTRACT FROM AUTHOR]

SUMMARY This comparative study examines the relationship between excess weight and hourly wages in the unprecedented context of middle‐income countries. We compare three countries that are at different stages of the nutrition transition: India (at an early stage), China (at an intermediate stage) and Mexico (at an advanced stage). To do so, we use three distinct household surveys and combine different estimation procedures. Our results emphasise a wage penalty of underweight together with a wage reward of excess weight in India, pointing towards the persistence of pro‐fat social norms in a country where hunger is still highly prevalent. Conversely, we observe significant overweight and obesity wage penalties in China, especially in non‐manual jobs, probably due to a large diffusion of anti‐fat social norms in a country where hunger is residual and normal weight predominant. In Mexico, we find an overweight wage premium in manual jobs and no effect in non‐manual jobs. We speculate that the large‐scale diffusion of excess weight may lead to its greater social acceptance (i.e. 'new' pro‐fat norms). Finally, we explore the potential transmission channels through which bodyweight may affect wages. We provide evidence of potential anti‐fat discrimination in China and pro‐fat‐discrimination in India and Mexico. Our results have important implications in terms of public health policy. [ABSTRACT FROM AUTHOR]