Prethodno priopćenje
https://doi.org/10.18045/zbefri.2017.2.375
An economic analysis of the political promotion system in China
Jiancai Pi
; School of Business, Nanjing University, Nanjing, China
Sažetak
This paper mainly discusses the political promotion system in China. Specifically,
we develop a generalized analytical framework by introducing the contest success
function. On the one hand, the central government can give the optimal political
promotion benefits to local officials to incentivize them to exert desirable
developmental efforts. On the other hand, the central government can undertake a
further design of the political promotion system to motivate local officials via its
assigned incentive strengths to the corresponding group and other groups, or via
its stipulated number of comparable regions in the corresponding group. Our main
findings in terms of the local official’s assigned weight to the political benefit are
as follows. First, the individual developmental effort and the summed
developmental efforts are increasing in the local official’s assigned weight to the
political benefit. Second, the central government’s assigned incentive strength to
other groups is increasing in the local official’s assigned weight to the political
benefit. Third, the central government’s assigned incentive strength to the
corresponding group is decreasing in the local official’s assigned weight to the
political benefit. Fourth, the number of comparable regions in the corresponding
group is decreasing in the local official’s assigned weight to the political benefit.
Ključne riječi
political promotion; China miracle; contest success function; promotion tournament model; local official
Hrčak ID:
191395
URI
Datum izdavanja:
22.12.2017.
Posjeta: 1.696 *