Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《China Economic Quarterly》 2006-01
Add to Favorite Get Latest Update

The Political Economy of Repetitive Investment:A Model

PEIHONG YANG(Unirule Institute of Economics)  
In this paper, we define repetitive investment as those led by the government. From this perspective, we analyze investment under symmetric and asymmetric information with the existence of rent-seeking activities. We find that rent-seeking leads to a lower investment level compared with social optimum. We also find a situation in which investment is below the optimal level but repetitive investment still exists.
【CateGory Index】: F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【References】
Chinese Journal Full-text Database 4 Hits
1 JIANG Fei-tao CAO Jian-hai(Institute of Industrial Economics CASS,Beijing 100836,China);Market Failure or Institutional Weaknesses——The Argument,Defect and New Development in Research of Redundant Construction Formation Mechanism[J];China Industrial Economics;2009-01
2 CAI Long-hai1,CHEN Ke-lu2,ZHOU Hong1(1.School of Economics and Management,Beijing University of Aeronautics and Astronautics,Beijing 100191,China;2.Shanghai Pudong Productivity Center,Shanghai 201203,China);The Repeated Development with Low Level and Its Mechanism in China's Hi-tech Industry Development Areas(HIDAs)[J];Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition);2009-04
3 ZHAO Da-ping1,TANG Yu-gang2(1.Lixin University ofCommerce,Shanghai201620;2.School ofEconomics,Fudan University,Shanghai200433);The Reason and Settled Mechanism of Repeated Development in China's Hi-tech Industry Development Areas[J];Soft Science;2009-03
4 ZHAO Da-ping1,TANG Yu-gang2(1.School of Economics and Trade,Shanghai Lixin University of Commerce,Shanghai 201620,China;2.School of Econoncics,Fudan University,Shanghai 200433,China);The Shortage of Labor-division Pattern of China's High-tech Industrial Parks and Its Transformation Ways[J];R&D Management;2009-01
【Co-citations】
Chinese Journal Full-text Database 1 Hits
1 ZHAO Da-ping1,TANG Yu-gang2(1.Lixin University ofCommerce,Shanghai201620;2.School ofEconomics,Fudan University,Shanghai200433);The Reason and Settled Mechanism of Repeated Development in China's Hi-tech Industry Development Areas[J];Soft Science;2009-03
【Co-references】
Chinese Journal Full-text Database 10 Hits
1 LIU Lang,BI De-guo,CHU Jun-wei(School of Management and Economy,Beijing Institute of Technology,Beijing 100081,P.R.China);Research on Incentive Mechanism of Civil Servants Based on Mixed Strategy in Game Theory[J];Journal of Guangdong University of Technology(Social Sciences Edition);2007-01
2 YANG Hui xin (Business and Management School,Shandong University,Ji’nan 250100,China);Rationalizing industrial organization in China:discussion from entry and exit[J];Journal of Southeast University Philosophy and Social Science Edition;2000-04
3 Yan An~(1,2) Da Qingli~1 (~1College of Economics and Management,Southeast University,Nanjing 210096,China)(~2School of Management,Hefei University of Technology,Hefei 230009,China);Dynamical Cournot model with duopoly's simultaneous-move game[J];Journal of Southeast University(Natural Science Edition);2006-04
4 DONG Xiao-feng~(1,2),SHI Yu-long~3,ZHANG Zhi-qiang~4,LI Xiao-ying~1(1.Resources and Environment College of Lanzhou University,Lanzhou 730000,China;2.Institute of Geographic Sciences and Natural Resources Research,CAS,Beijing 100101,China;3.Institute of Spatial Planning and Regional Economy,State Development Innovation Commission,Beijing 100824,China;4.The Scientific Information Center for Resources and Environment,CAS,Lanzhou 730000,China);A STUDY ON THE DEVELOPMENT OF THE METROPOLITAN REGION[J];Advance in Earth Sciences;2005-10
5 LUO Ren-hui~1,HUANG Mao-ping~2 (1. School of Economics,Sichuan Normal University, Chengdu 610068,China; 2. School of Social Science,Southwest University of Science and Technology, Mianyang 621000,China);An Analysis of Game in Duopoly Industries under the Influence of Correlative Industries in Demand[J];Systems Engineering;2005-02
6 CAO Jian-hai(Institute of Industrial Eanomics CASS,Beijing 100836,China);On Mechanism of Duplicate Construction and Measures in China[J];China Industrial Economy;2002-04
7 YANG Hui-xin (Institute of Industrial and Business Organization, Shandong University, Jinan 250100, China);Entry and Exit in Chinese Industry--Case Studies of Automobiles and Refrigerators During the Period 1985-2000[J];China Industrial Economy;2004-03
8 LI Jun-jie(Graduate School CASS, Beijing 100102, China);Analysis on Distortion of Local Governments' Economic Behaviors in Economic Transition of China[J];China Industrial Economy;2005-01
9 XU Kang-ning,HAN Jian(Southeast University of Economics & Management,Nanjing 210096,China);A Study on the Degree of Concentration,Layout and Structure Optimization of the Iron and Steel Industry in China[J];China Industrial Economy;2006-02
10 HUANG Jian-bo,CHEN Wei-gang,JIANG Fei-tao(Central South University,Changsha 410083,China);Profit Margin and Entry:Case Studies of Iron & Steel Industry[J];China Industrial Economy;2006-08
【Secondary References】
Chinese Journal Full-text Database 2 Hits
1 XU Kai-guo(School of Economics,Shandong University,Jinan 250100,China);Empirical Study on the Relationship between Local Administrative Monopoly and Capital Allocative Efficiency[J];Journal of Shanxi Finance and Economics University;2009-09
2 TAN Qiu-cheng (Rural Development Institute Chinese Academy of Social Sciences,Beijing 100732,China);Eco-compensation Standard and Mechanism[J];China Population Resources and Environment;2009-06
【Secondary Citations】
Chinese Journal Full-text Database 1 Hits
1 Lü Zheng Cao Jianhai·;(1)Does Competition Always Produce Efficiency? Also on the Theoretical Basis of Excessive Competition[J];SOCIAL SCIENCES IN CHINA;2000-06
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved