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This book extends current research on the political economy of modern China, with particular regard to agricultural development and its role in economic transition. It uses Neoclassical principles to re-interpret agricultural growth and technological change under complex market institutions with empirical studies on China and selected East Asian economies. The text also questions how technological advances in China contribute to the Great Divergence debate. Through a comparative analysis of agricultural technical changes in the planting of rice paddies in Japan, Taiwan and China, Du finds that different market institutions and structures have given rise to considerable diversity of agricultural change between different economies in terms of the nature, timing and duration of technological transition. Such diversification has, in turn, affected the trajectories of agricultural and wider economic growth. Here, Du reflects on the nature of contemporary Chinese economic development and extends observations on agricultural transition to the entirety of Asia, finding that the nature, timing, and time-span of agriculture technology transitions have varied considerably across different economies. Jun Du is a visiting research fellow of the East Asian Institute of the National University of Singapore. She holds a PhD from University of London, UK, specialising in institutional and agricultural economics with an application to China and other East Asian countries. Her research interests include induced innovation in agriculture and Chinese agricultural economic history.--

Moral foundations theory is claimed to be universally applicable and is classified into 5 foundations of morality: care/harm, fairness/cheating, loyalty/betrayal, respect/subversion, and purity/degradation. This theory has not been tested in the Eastern cultural context. Therefore,
in this study I addressed this lack in the context of China, where there are people of a number of different ethnicities. I adopted the Moral Foundations Questionnaire, which was completed by 761 Chinese of Han, Uygur, and Tibetan ethnicity. The results show that there was no gender difference
in morality foundation scores, but the differences among ethnic groups were significant: Tibetans scored lower than did Han and Uygur in care and fairness, and Uygur scored higher than Han and Tibetans did in loyalty, respect, and purity. The interactions between gender and ethnic group were
significant for care, fairness, and respect. These findings suggest that moral foundations theory is applicable to China, that the Moral Foundations Questionnaire can also be partially applied to Chinese, and that ethnicity is an influential factor when people make moral judgments.

Entrepreneurs in emerging market economies operate in weak institutional contexts, which can imply different types of government. In some countries (e.g., Russia), the government is predatory, and the main risk faced by (successful) entrepreneurs relates to expropriation. In other countries (like China) this kind of risk is lower; nevertheless the government is intrusive, and the rules of the game remain fluid. The implication of the latter for entrepreneurs is that they are more likely to spend time and resources on influence (rent seeking) activities rather than on productive activities.We illustrate this type of government by focusing on the distribution of subsidies in China.We present a simple formalmodel that explores not only the direct effects of rent seeking for a company but also externalities under a situation of policy-generated uncertainty in the distribution of subsidies.We explore how these effects differ for the entrepreneurial sector (young, private and small companies) compared with other sectors. We posit that while the performance of private companies is more affected than the performance of state firms, the impact of government-induced uncertainty on young and small companies is actually less pronounced. Our empirical analysis, based on a unique large dataset of 2.4 million observations on Chinese companies, takes advantage of the regional and sectoral heterogeneity of China for empirical tests.

SUMMARYUsing a rich panel data set, we provide a rigorous analysis of the relationship between access to external finance, foreign direct investment and the exports of private enterprises in China. We conclude that, in order to foster the exports of indigenous enterprises, the elimination of financial discrimination against private firms is likely to be a more effective policy tool than the reliance on spillovers from multinational firms.