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Article: The theoretical foundation of China's Xian system
| Title | The theoretical foundation of China's Xian system |
|---|---|
| Authors | |
| Keywords | Xian competitions Share contracts Value added tax Dissipation of rent Co-operative joint ventures |
| Issue Date | 2011 |
| Publisher | Hong Kong Institute of Surveyors. The Journal's web site is located at http://www.hkis.org.hk/en/publication_journal.php |
| Citation | Surveying & Built Environment, 2011, v. 21 n. 1, p. 44-51 How to Cite? |
| Abstract | In 2009, Professor Steven N.S. Cheung published a book on the economic system of China. Cheung clearly explained China's share contract system at the xian level, and argued that this system had enabled China's rapid and continuous economic development over the past twenty years. This paper confirms that Cheung's propositions are proven correct mathematically. It further investigates the empirical implications of share contracts, with or without private land ownership. |
| Persistent Identifier | http://hdl.handle.net/10722/137525 |
| ISSN |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Wong, KC | en_US |
| dc.date.accessioned | 2011-08-26T14:27:04Z | - |
| dc.date.available | 2011-08-26T14:27:04Z | - |
| dc.date.issued | 2011 | en_US |
| dc.identifier.citation | Surveying & Built Environment, 2011, v. 21 n. 1, p. 44-51 | en_US |
| dc.identifier.issn | 1816-9554 | en_US |
| dc.identifier.uri | http://hdl.handle.net/10722/137525 | - |
| dc.description.abstract | In 2009, Professor Steven N.S. Cheung published a book on the economic system of China. Cheung clearly explained China's share contract system at the xian level, and argued that this system had enabled China's rapid and continuous economic development over the past twenty years. This paper confirms that Cheung's propositions are proven correct mathematically. It further investigates the empirical implications of share contracts, with or without private land ownership. | - |
| dc.language | eng | en_US |
| dc.publisher | Hong Kong Institute of Surveyors. The Journal's web site is located at http://www.hkis.org.hk/en/publication_journal.php | en_US |
| dc.relation.ispartof | Surveying & Built Environment | en_US |
| dc.subject | Xian competitions | - |
| dc.subject | Share contracts | - |
| dc.subject | Value added tax | - |
| dc.subject | Dissipation of rent | - |
| dc.subject | Co-operative joint ventures | - |
| dc.title | The theoretical foundation of China's Xian system | en_US |
| dc.type | Article | en_US |
| dc.identifier.email | Wong, KC: wongkc@hku.hk | en_US |
| dc.identifier.authority | Wong, KC=rp01027 | en_US |
| dc.identifier.hkuros | 189367 | en_US |
| dc.identifier.volume | 21 | - |
| dc.identifier.issue | 1 | - |
| dc.identifier.spage | 44 | en_US |
| dc.identifier.epage | 51 | en_US |
| dc.publisher.place | Hong Kong | - |
| dc.identifier.issnl | 1816-9554 | - |