Capability and opportunism: Evidence from city officials in China

doi:10.1016/j.jce.2018.04.001

CORC > 上海财经大学 > 上海财经大学

	Capability and opportunism: Evidence from city officials in China
	Xi, Tianyang 1,2; Yao, Yang 1,2; Zhang, Muyang 3,4
刊名	JOURNAL OF COMPARATIVE ECONOMICS
	2018-12
卷号	46 期号:4 页码:1046-1061
关键词	Political business cycles Opportunism Capability versus incentive
ISSN号	0147-5967
DOI	10.1016/j.jce.2018.04.001
英文摘要	Opportunism is prevalent in political competition and public policy making. This paper investigates how opportunism is mitigated by capabilities among city leaders in China. Taking advantage of China's institutional setup with ample bureaucratic transfers, the paper estimates leaders' capabilities as their personal contributions to local economic growth. The paper finds strong evidence of political business cycles a typical form of political opportunism as manifested by a significant boost in the growth rate preceding the Communist Party's national congress. However, more capable leaders are found to generate more modest political business cycles than less capable ones do. The findings suggest that, to the extent that political selections are associated with the long term reputation of officials, career-concerned opportunism is at least partially moderated by the selection of capable officials in China. The paper provides supportive evidence for the reputation model of political business cycles as well as enriches the study of government officials in weak institutional environments.
WOS研究方向	Business & Economics
语种	英语
出版者	ACADEMIC PRESS INC ELSEVIER SCIENCE
WOS记录号	WOS:000454970500010
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/443]
专题	上海财经大学
通讯作者	Zhang, Muyang
作者单位	1.Peking Univ, Natl Sch Dev, Beijing, Peoples R China; 2.Peking Univ, CCER, Beijing, Peoples R China; 3.Shanghai Univ Finance & Econ, China Publ Finance Inst, Shanghai, Peoples R China; 4.Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Xi, Tianyang,Yao, Yang,Zhang, Muyang. Capability and opportunism: Evidence from city officials in China[J]. JOURNAL OF COMPARATIVE ECONOMICS,2018,46(4):1046-1061.
APA	Xi, Tianyang,Yao, Yang,&Zhang, Muyang.(2018).Capability and opportunism: Evidence from city officials in China.JOURNAL OF COMPARATIVE ECONOMICS,46(4),1046-1061.
MLA	Xi, Tianyang,et al."Capability and opportunism: Evidence from city officials in China".JOURNAL OF COMPARATIVE ECONOMICS 46.4(2018):1046-1061.