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Political Turnover and Economic Performance: The Disciplinary Role of Personnel Control in China

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  • Hongbin Li
  • Li-An Zhou

Abstract

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  • Hongbin Li & Li-An Zhou, 2003. "Political Turnover and Economic Performance: The Disciplinary Role of Personnel Control in China," Discussion Papers 00002, Chinese University of Hong Kong, Department of Economics.
  • Handle: RePEc:chk:cuhkdc:00002
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    File URL: http://www.econ.cuhk.edu.hk/~discusspaper/00002.pdf
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    References listed on IDEAS

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    1. Lazear, Edward P & Rosen, Sherwin, 1981. "Rank-Order Tournaments as Optimum Labor Contracts," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
    2. Eric Maskin & Yingyi Quan & Chenggang Xu, 1997. "Incentives, Scale Economies, and Organizational Form," William Davidson Institute Working Papers Series 51, William Davidson Institute at the University of Michigan.
    3. Huang,Yasheng, 1996. "Inflation and Investment Controls in China," Cambridge Books, Cambridge University Press, number 9780521554831, April.
    4. Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-679, June.
    5. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    6. Warner, Jerold B. & Watts, Ross L. & Wruck, Karen H., 1988. "Stock prices and top management changes," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 461-492, January.
    7. Weingast, Barry R, 1995. "The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development," Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(1), pages 1-31, April.
    8. Weisbach, Michael S., 1988. "Outside directors and CEO turnover," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 431-460, January.
    9. Li, Shaomin & Li, Shuhe & Zhang, Weiying, 2000. "The Road to Capitalism: Competition and Institutional Change in China," Journal of Comparative Economics, Elsevier, vol. 28(2), pages 269-292, June.
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    Cited by:

    1. Joseph Fan & Randall Morck, 2012. "Capitalizing China," NBER Books, National Bureau of Economic Research, Inc, number morc10-1, April.
    2. Chen, Shimin & Sun, Zheng & Tang, Song & Wu, Donghui, 2011. "Government intervention and investment efficiency: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 17(2), pages 259-271, April.
    3. Joseph P. H. Fan & Randall Morck & Bernard Yeung, 2012. "Translating Market Socialism with Chinese Characteristics into Sustained Prosperity," NBER Chapters,in: Capitalizing China, pages 1-32 National Bureau of Economic Research, Inc.
    4. Chang, Eric C. & Wong, Sonia M.L., 2009. "Governance with multiple objectives: Evidence from top executive turnover in China," Journal of Corporate Finance, Elsevier, vol. 15(2), pages 230-244, April.
    5. Lu, Zhengfei & Zhu, Jigao & Zhang, Weining, 2012. "Bank discrimination, holding bank ownership, and economic consequences: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 36(2), pages 341-354.
    6. Wang, Qian & Wong, T.J. & Xia, Lijun, 2008. "State ownership, the institutional environment, and auditor choice: Evidence from China," Journal of Accounting and Economics, Elsevier, vol. 46(1), pages 112-134, September.
    7. Jie Zhang, 2013. "Infrastructure, Industrial Productivity and Regional Specialization in China," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-034, Keio/Kyoto Joint Global COE Program.
    8. Li, Hongbin & Meng, Lingsheng & Shi, Xinzheng & Wu, Binzhen, 2012. "Does having a cadre parent pay? Evidence from the first job offers of Chinese college graduates," Journal of Development Economics, Elsevier, vol. 99(2), pages 513-520.
    9. Loren Brandt & Hongbin Li & Joanne Roberts, 2001. "Why do Governments Privatize," William Davidson Institute Working Papers Series 429, William Davidson Institute at the University of Michigan.

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