Li, Hongbin; Liu, Pak Wai; Zhang, Junsen; Ma, Ning - 2021
This paper estimates the returns to membership of the Chinese Communist Party using unique twins data we collected from … China. Our OLS estimate shows that being a Party member increases earnings by 10%, but the within-twin-pair estimate becomes … zero. One interpretation of these results is that the OLS Party premium is due to omitted ability and family background …