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the Growth Enterprise Market of Shenzhen Stock Exchange of China between 2009 and 2016, this paper examines the interplays …
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government in the developing world, where nationally appointed bureaucrats and locally elected politicians together manage the … these bureaucrats and politicians matter for the productivity of local bureaucracies. This paper addresses the empirical gap … of bureaucrats and politicians. It finds robust evidence that higher integrity among locally elected politicians is …
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We use a Chinese firm-director level panel dataset to examine the matching of heterogeneous firms and politicians … firms with heterogeneous productivity match with politicians with different political strength. Our results indicate a … positive assortative matching in the political markets. More productive firms recruit more powerful politicians. Further, the …
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