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北京大学国家发展研究院

发展经济学workshop：Reciprocity in political networks: Hometown ties and intercity investment in China

发布日期：2022-11-02 12:00    来源：
时间：2022年11月2日(周三)11:30-13:00
参与方式：仅线上，腾讯会议号：845-9894-4759
 
主讲人：刘宇（复旦）
 
参与老师：（国发院）李力行，席天扬，徐化愚，于航，王轩，易君健
（光华）张晓波
               （经院）刘冲，吴群锋，曹光宇
 
论文题目：Reciprocity in political networks: Hometown ties and intercity investment in China
 
论文摘要：
We employ a unique dataset on Chinese firm registration to examine how hometown ties in political networks affect capital allocation. We use a quasi-experimental design that relies on the relocation of officials across Chinese cities. The results indicate that hometown ties between city party secretaries increase city-dyad investment by 10% and firm registrations by 1%. They also suggest the effects are greater between distant city pairs and stronger for investment by small firms. Additionally, entering firms survive for a longer time. Comparing the effects before and after the Chinese anti-corruption campaign, we provide suggestive evidence that these results reveal the rent-seeking activity by officials.
 
主讲人简介：刘宇，复旦大学经济学院副教授，主要研究方向是发展经济学和公共经济学。文章发表在Journal of International Economics, Journal of Economic Behavior and Organization, Journal of Comparative Economics, Journal of Banking and Finance，在复旦大学教授微观经济学，发展经济学，以及全球化与中国三门课程。
 

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