Capital and labour distortion in China: a systematic literature review using HistCite

Yidan Liang*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This paper shows a systematic literature review using HistCiteTM in the context of factor market misallocation in China. Four key research streams are identified: government intervention; misallocation explanation; market distortion and regional factor distortion. Further, the paper identifies three emerging research streams: endogeneity; legislation relating to factors of production; and knowledge management. Factor markets misallocation has been a lasting problem since the market-oriented reform implemented by the Chinese Government. The academic literature review mainly focuses on the misallocation under Chinese national situation.

Original languageEnglish
Pages (from-to)1759-1784
Number of pages26
JournalAccounting and Finance
Volume63
Issue number2
DOIs
Publication statusPublished - Jun 2023

Keywords

  • Factor market
  • HistCite
  • Misallocation

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