Downstream rivals' competition, bargaining, and welfare
In: Journal of economics, Band 131, Heft 1, S. 61-75
ISSN: 1617-7134
320 Ergebnisse
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In: Journal of economics, Band 131, Heft 1, S. 61-75
ISSN: 1617-7134
In: China economic review, Band 50, S. 240-264
ISSN: 1043-951X
In: Environmental and resource economics, Band 71, Heft 1, S. 157-177
ISSN: 1573-1502
In: China's One Belt One Road Initiative, S. 237-242
The new town programme has been a widely adopted urban development strategy since the post-2000s in large Chinese cities such as Beijing and Shanghai. This study argued that the current trends of new town development in China need to be understood in light of its own political economy and urban contexts, particularly China's shift to a socialist-market economy, participation in the global economy, and the rise of Chinese entrepreneurial cities. Using two new towns in Shanghai as case studies, this dissertation attempts to interpret Shanghai's new town development from the perspective of urban entrepreneurialism, and contribute to the understanding of how the new town programme adds on the 'entrepreneurial city' nature to Shanghai. This dissertation is essentially a qualitative study based on data from planning and policy documents, media information, field trip observation, and interviews. Employing the concepts relating to the urban entrepreneurialism and entrepreneurial city theory, the development of the two new towns in Shanghai was examined in three domains: entrepreneurial urban policy and planning, entrepreneurial urban development practices and space production, and entrepreneurial governance. The major analytical elements include development objectives and planned functions of new towns, cultural or entertainment oriented mega-projects development, the fostering of cultural and creative industries, the roles of the state and types of state intervention, and financing mechanisms. This study found that the new town programme in Shanghai is an entrepreneurial urban development strategy to facilitate the building of Shanghai into a global city with international competitiveness, by equipping the metropolitan areas with new urban spaces and new growth capacities. Within the domain of entrepreneurial urban policy and planning, a number of policies were identified to promote industrial development and upgrading, and new planning practices were adopted for place promotion. Within the domain of entrepreneurial urban development practices, it is found that cultural or entertainment oriented mega-projects development was widely adopted, with entrepreneurial objectives such as raising land value and attracting affluent residents and consumers. Within the domain of entrepreneurial governance, a pro-growth coalition formed between the local governments and the government affiliated development corporations was found to be the most influential driving force in promoting the new town development, with their landownership, land selling power, and planning power. The new town programme has added on the entrepreneurial city nature to Shanghai by invoking innovative strategies and state-dominated entrepreneurial urban governance. Innovative entrepreneurial strategies were observed in five fields: producing new type of urban space for living, working, consuming, etc.; new methods for space production to creative locational competitiveness; opening new markets by providing attractive places for consumption; finding new sources of supply by land development and attracting human capital; and redefining urban hierarchy by developing regional nodal city and logistics hub. Urban governance in the new towns were found to be state-dominated in which the local governments themselves are entrepreneurs in pursuit of their own economic and political interests, instead of forming partnerships between the state and the market and facilitating private participation in the development process. ; published_or_final_version ; Urban Planning and Design ; Doctoral ; Doctor of Philosophy
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In: Bulletin of Economic Research, Band 66, Heft 4, S. 358-373
SSRN
In: Journal of international trade & economic development: an international and comparative review, Band 21, Heft 6, S. 755-772
ISSN: 1469-9559
In: Bulletin of economic research, Band 66, Heft 4, S. 358-373
ISSN: 1467-8586
ABSTRACTIn this paper, we consider political interaction in a mixed oligopoly by characterizing how a subsidy is endogenously determined through the bargaining process between firms and politicians. We discuss how the nature of the political equilibrium changes with the type of competition, the specification of the cost function, and the timing of the game. We show that when bargaining between firms and politicians takes place, the resulting social welfare may be even worse than that under a public firm monopoly.
In: The Manchester School, Band 81, Heft 3, S. 243-257
ISSN: 1467-9957
In this paper we consider emergency government bailouts. We show that it is welfare‐enhancing to bail out failing firms that are facing a sudden negative demand shock and would otherwise go bankrupt, when there are sufficiently large fixed production costs and knock‐on effects (the negative externalities produced by firms' failures that impact on other firms). We also suggest that subsidizing the whole industry at a uniform production subsidy generates a higher level of national welfare than merely subsidizing the failing firms.
In: Environmental management: an international journal for decision makers, scientists, and environmental auditors, Band 47, Heft 3, S. 398-409
ISSN: 1432-1009
In: Mondes en développement, Band 133, Heft 1, S. 101
ISSN: 1782-1444
In: Mondes en développement, Band 34, Heft 1, S. 101-111
ISSN: 0302-3052
In: Mondes en développement, Band 34, Heft 133, S. 101-112
ISSN: 0302-3052
In: Pacific economic review, Band 8, Heft 2, S. 127-141
ISSN: 1468-0106
Abstract. This paper examines the implications of China's WTO accession for its domestic regional liberalization. We find first that, without WTO membership, regional liberalization might create a trade diversion that benefited only low‐protection regions while harming high‐protection regions, and it might or might not benefit the country as a whole. Second, we find that WTO entry will benefit the whole country, whether there is regional liberalization or not. Third, we find that WTO entry will facilitate domestic regional liberalization.
In: 22-433
SSRN