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Rent-seeking Vampires Under Information Asymmetry: Evidence From Agricultural Cooperatives Subsidy Policy in China

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  • Zhi, Xiaoxu
  • Liu, Zongzhi
  • Yuan, Lingran
  • Gong, Binlei

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  • Zhi, Xiaoxu & Liu, Zongzhi & Yuan, Lingran & Gong, Binlei, 2024. "Rent-seeking Vampires Under Information Asymmetry: Evidence From Agricultural Cooperatives Subsidy Policy in China," 2024 Annual Meeting, July 28-30, New Orleans, LA 343636, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea22:343636
    DOI: 10.22004/ag.econ.343636
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    References listed on IDEAS

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    1. Shaoda Wang & David Y. Yang, 2021. "Policy Experimentation in China: the Political Economy of Policy Learning," NBER Working Papers 29402, National Bureau of Economic Research, Inc.
    2. Ricardo J. Caballero & Takeo Hoshi & Anil K. Kashyap, 2008. "Zombie Lending and Depressed Restructuring in Japan," American Economic Review, American Economic Association, vol. 98(5), pages 1943-1977, December.
    3. Fabiano Schivardi & Enrico Sette & Guido Tabellini, 2022. "Credit Misallocation During the European Financial Crisis," The Economic Journal, Royal Economic Society, vol. 132(641), pages 391-423.
    4. Michael L. Cook & Fabio R. Chaddad, 2004. "Redesigning Cooperative Boundaries: The Emergence of New Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(5), pages 1249-1253.
    5. Porter, Philip K & Scully, Gerald W, 1987. "Economic Efficiency in Cooperatives," Journal of Law and Economics, University of Chicago Press, vol. 30(2), pages 489-512, October.
    6. Luo, Jianli & Guo, Hongdong & Jia, Fu, 2017. "Technological innovation in agricultural co-operatives in China: Implications for agro-food innovation policies," Food Policy, Elsevier, vol. 73(C), pages 19-33.
    7. Chari, Anusha & Jain, Lakshita & Kulkarni, Nirupama, 2021. "The Unholy Trinity: Regulatory Forbearance, Stressed Banks and Zombie Firms," CEPR Discussion Papers 15773, C.E.P.R. Discussion Papers.
    8. Musa Hasen Ahmed & Hiwot Mekonnen Mesfin, 2017. "The impact of agricultural cooperatives membership on the wellbeing of smallholder farmers: empirical evidence from eastern Ethiopia," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-20, December.
    9. Wanglin Ma & Awudu Abdulai & Renan Goetz, 2018. "Agricultural Cooperatives and Investment in Organic Soil Amendments and Chemical Fertilizer in China," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(2), pages 502-520.
    10. Feifei Chen & Zhigang Xu & Yufeng Luo, 2023. "False prosperity: Rethinking government support for farmers’ cooperatives in China," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(3), pages 905-920, September.
    11. Lin, Justin Yifu & Li, Zhiyun, 2008. "Policy burden, privatization and soft budget constraint," Journal of Comparative Economics, Elsevier, vol. 36(1), pages 90-102, March.
    12. Fabio Chaddad & Constantine Iliopoulos, 2013. "Control Rights, Governance, and the Costs of Ownership in Agricultural Cooperatives," Agribusiness, John Wiley & Sons, Ltd., vol. 29(1), pages 3-22, January.
    13. Michael L. Cook, 1995. "The Future of U.S. Agricultural Cooperatives: A Neo-Institutional Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(5), pages 1153-1159.
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    Keywords

    Institutional And Behavioral Economics; Political Economy; Industrial Organization;
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