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ZHANG, CHAO (6) answer(s).
 
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ID:   133190


Entrepreneurship and spillovers from multinationals: evidence from Chinese private firms / Liu, Qing; Lu, Ruosi; Zhang, Chao   Journal Article
Zhang, Chao Journal Article
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Publication 2014.
Summary/Abstract Using nationwide survey data in China, we find evidence of positive FDI spillover effects via entrepreneurship. After controlling for a series of entrepreneur and firm attributes, our OLS estimates suggest that private firms run by entrepreneurs with MNE work experience outperform their counterparts run by entrepreneurs without MNE work experience. To deal with the potential endogeneity in the sense that inherently more capable entrepreneurs may self-select into MNEs before launching their own businesses, we use a nonparametric way, i.e., the propensity score matching (PSM) method, to identify the MNE "treatment" effect. The PSM estimates remain consistent with the OLS evidence, and the estimates are robust to different sensitivity analyses. We further find that private firms run by MNE-trained entrepreneurs do operate differently from their counterparts in both their global involvement and internal management, which are the underlying channels of the spillovers.
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2
ID:   167919


From Suppressive to Proactive?: Chinese Governments' Media Control Strategies in Popular Protests / Chen, Shaowei ; Zhang, Chao   Journal Article
Zhang, Chao Journal Article
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Summary/Abstract Scholarship today asserts that the Chinese Party-state's media control strategy with regard to popular protests has changed from suppressive to proactive. Nevertheless, existing literature tends to regard the Chinese state as a monolithic and unitary actor, and neglects the heterogeneity in different levels of government in handling protests. This article attempts to make a modest contribution to the literature by viewing the Chinese state as heterogeneous and multilayered actors with respect to popular protests. The authors contend that due to the distinctive incentives as well as the context factor "hierarchical government trust", lower-level authorities, especially the local ones, have a lower tendency to adopt a proactive approach to controlling media coverage of protests than their central counterparts. The authors utilise the Wukan incident as a case study to corroborate their argument, and identify the specific strategies that various levels of the governments have adopted.
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3
ID:   137539


Labor market effect of foreign acquisitions: evidence from Chinese manufacturing firms / Liu, Qing; Lu, Ruosi ; Zhang, Chao   Article
Zhang, Chao Article
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Summary/Abstract The potential impacts of foreign acquisitions have long been debatable in both academic and policy circles in China, which have more or less shaped China's regulation policy regarding foreign acquisitions. This paper examines the causal effect of foreign acquisitions on the labor market in China with self-constructed firm level panel data. We combine the propensity score matching and the difference-in-differences techniques in our estimation to deal with the potential selection biases in acquisitions. Our results show that the impacts of foreign acquisitions in China are different from but also comparable to those in developed countries found in the literature. Specifically, foreign acquisitions have significant positive effects on the levels of wage and employment of target firms, but mildly negative impact on employment growth and insignificant impact on wage growth. The impacts show heterogeneities. We also check the potential channels of the impacts.
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4
ID:   113482


Reducing information asymmetry in the power industry: mandatory and voluntary information disclosure regulations of sulfur dioxide emission / Zhu, Xufeng; Zhang, Chao   Journal Article
Zhu, Xufeng Journal Article
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Publication 2012.
Summary/Abstract This paper focuses on the institutional framework for sulfur dioxide emission information disclosure (SDEID) in power industries. The authors argue that mandatory and voluntary SDEID are two complementary regulatory instruments for emission reduction in the power industry. An analytical framework of SDEID with six facets is suggested in this paper to demonstrate relevant legal provisions and regulatory policies of mandatory and voluntary SDEID of power industries in the US. Empirical research shows that mandatory and voluntary SDEID of the power industry have been regulated simultaneously in the US. The foundation of power companies' willingness to disclose emission information voluntarily is the combination of mandatory scientific monitoring with market regulation in the current SDEID system in the US. In comparison, the SDEID of power industries has yet to be widely implemented in developing countries. Finally, the paper provides some implications to developing countries that plan to learn institutional arrangements from developed countries.
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5
ID:   182698


Transnational migration and disaster risk reduction: Insights from Chinese migrants living in Auckland, New Zealand / Zhang, Chao   Journal Article
Zhang, Chao Journal Article
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Summary/Abstract Migrants can be disproportionately impacted by disasters due to their increased vulnerability. Knowledge of Chinese migrants' perceptions and experiences in the face of hazards and disasters is limited. This qualitative descriptive study explored Chinese migration in relation to disasters and disaster risk reduction in New Zealand. Semi-structured interviews with 22 Chinese migrants living in Auckland were conducted and data were thematically analysed. Participants displayed strong transnationalism via the creation of ‘mini-China’ and conceptions of China as their ‘mother’ country and New Zealand their ‘step-mother’ country. Chinese migrants compared their experiences of disasters in China to those in New Zealand, with many expressing difficulties with accessing information and not trusting New Zealand government authorities, particularly given how the approach contrasts to China's more ‘hands on’ approach. Fear of losing life and property and responsibility to their family were key factors underpinning Chinese migrants' decision to prepare for a disaster. Participants shared insights to guide disaster risk reduction efforts from a community level and expressed a willingness to participate in disaster preparedness organised by agencies involved in disaster risk reduction. The findings indicate capacities of Chinese migrants that planners can leverage and highlight important cultural nuances that need attention in future planning.
Key Words Migration  Chinese  Capacity  Vulnerability  Qualitative  Disaster Risk Reduction 
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6
ID:   125027


Vertical spillover effects of multinationals on Chinese domesti / Lin, Faqin; Zhang, Chao; Wang, Lin   Journal Article
Lin, Faqin Journal Article
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Publication 2012.
Summary/Abstract Foreign direct investment (FDI) can benefit domestic firms in the host country. Using firm-level data for China, we find statistically positive vertical spillover effects of multinational enterprises on the performance of domestic firms through backward and forward supplier-customer relationships. The spillover effects are mainly from large multinational enterprises and are greater for state-owned firms and in poor regions. Our results are robust for both parametric regression and nonparametric matching techniques. Our findings have strong policy implications: while regulations relating to building business relationships with domestic firms when seeking foreign direct investment should be established, such policies should be aimed at private firms, big multinationals and less developed regions.
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