Author:
Wang Long,Zhao Qifeng,Chen Wenyin
Abstract
<p style="text-align: justify;">This paper aims to investigate the impact of political promotion on the productivity of manufacturing firms using the database of Chinese industrial enterprises from 1998 to 2007. We found that the political promotion of officials had a negative impact on manufacturing firm productivity, and this impact varied according to the characteristics of officials and enterprises. In addition, there was an age "ceiling effect" among Chinese municipal officials. Further research showed that the regional level of rule of law mitigated the negative effect of political promotion on the productivity of manufacturing firms. Finally, this paper makes policy recommendations for improving the promotion mechanism of officials, enhancing regional legalization, and transforming government functions.</p>
Reference47 articles.
1. Ackerberg, D. A., Caves, K., & Frazer, G. (2015). Identification properties of recent production function estimators. Econometrica, 83:6, 2411–2451. https://doi.org/10.3982/ECTA13408
2. Adelakun, O. J. (2011). Human capital development and economic growth in Nigeria. European Journal of Business and Management, 3:9, 29–38.
3. Akhtari, M., Moreira, D., & Trucco, L. (2022). Political turnover, bureaucratic turnover, and the quality of public services. American Economic Review, 112:2, 442–93. https://doi.org/10.1257/aer.20171867
4. An, H., Chen, Y., Luo, D., & Zhang, T. (2016). Political uncertainty and corporate investment: Evidence from China. Journal of Corporate Finance, 36, 174–189. https://doi.org/10.1016/j.jcorpfin.2015.11.003
5. Bond, S., & Söderbom, M. (2005). Adjustment costs and the identification of Cobb Douglas production functions (No. 05/04). IFS Working Papers. https://doi.org/10.1920/wp.ifs.2005.0504
Cited by
2 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献