SOE preference and credit misallocation: A model and some evidence from China

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 138
Issue: C
Pages: 38-41

Authors (4)

Wei, Xu (not in RePEc) Chen, Yongwei (not in RePEc) Zhou, Mohan (Central University of Finance) Zhou, Yi (Peking University)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We endogenize credit misallocation by introducing the government’s preference. The local government determines the credit subsidy to SOEs after a trade-off between SOEs’ profits and local aggregate outputs. Credit misallocation is more severe in regions where SOE share is high.

Technical Details

RePEc Handle
repec:eee:ecolet:v:138:y:2016:i:c:p:38-41
Journal Field
General
Author Count
4
Added to Database
2026-01-29