The Gradients of Power: Evidence from the Chinese Housing Market

Using a large, unique dataset on the Chinese housing market, we propose to measure corruption using the price differences paid by bureaucrat buyers and non-bureaucrat buyers in the housing market. We find that the housing price paid by bureaucrat buyers is on average 1.05 percentage points lower tha...

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Veröffentlicht in:NBER Working Paper Series 2014-07, p.20317
Hauptverfasser: Gu, Quanlin, Fang, Hanming, Zhou, Li-An
Format: Artikel
Sprache:eng
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