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This paper analyzes the distortionary effect of political career incentives on fiscal extraction. We argue that … competitive promotion tournaments distort public officials' career incentives, leading to excessive tax extraction efforts. We … empirically estimate the magnitude of distortion by exploiting two institutional designs for political selection in China: the age …
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This study tries to determine to what extent the Chinese bureaucracy is merit-based. By triangulating quantitative and qualitative survey data from a sample of Chinese cadres (n=286), the authors aim to answer the research question: “What is the behavioural impact of the incentive structure...
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This paper addresses the question of how bureaucratic incentives affect economic performance in China at the provincial … level. This paper develops a novel model to measure promotion incentives of the Chinese provincial standing committee … incentives of the rank-and-file standing committee members, not from those of the supreme leaders of the province, such as the …
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that their career incentives — the institutional foundations of China's three decades of sustained economic growth — remain …We analyze a dataset constructed on the political turnovers of 3,623 county leaders in China during 1999-2008, and find …
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This paper presents theoretical analysis of how career concerns and shareholder monitoring affect chief executive officer (CEO) agency costs. We investigate investment efficiency prior to CEO retirement based on a sample of Chinese state-owned enterprises (SOEs) during the 1999-2007 period and...
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