Suchergebnisse

Corruption plagues both developed and developing countries. It is a serious obstacle to China's development that is too perilous to ignore. However, conducting research on corruption, which is characterised as being the most secretive type of behaviour, is particularly difficult. Applying the vector autoregressive model (VAR) to consecutive 36-month data, the authors analyse empirically the corruption status quo and its impact in China. The authors discover short-term negative impacts of the current anti-corruption campaign in China on the economic growth of its state-owned industries, while any positive effects, e.g. improved quality of economic growth, cannot be demonstrated. The objective data used reduce significantly the confusion surrounding traditional (anti-)corruption studies, which have relied heavily on survey data or subjective evaluation. (China/GIGA)

This study was aimed at examining how purchase purpose and affluence influence price perception. A total of 84 participants were involved in a 2x2 experiment, the results of which showed that in the case of a primed very affluent condition, participants priced items which they bought
for themselves higher than when they bought the same items for their friends. However, in the primed average wealth condition, the price of the goods which participants marked for themselves was similar to prices of items bought for their friends. These findings give an important insight into
the relationship between affluence and purchase purpose and the influence of these on price perception.