“经济学论坛”是由8797威尼斯老品牌经济学系主办的专业学术性论坛。论坛致力于打造一个经济学专业人士进行交流与对话的平台,对当前及未来的经济理论、研究方法和现实热点问题展开广泛、深入、全面、开放的探讨。论坛每月举办一次,由主题演讲、专业评论和自由讨论构成。论坛邀经济学各领域素有研究的知名学者或研究取得积极进展的中青年学者发表主题演讲,并围绕相关问题展开讨论。本期论坛信息如下:
题目:Trading Favors: Untangling the Web of Corruption between Public Officials and Firms in China`s Land Market
报告人:陈婷 博士 普林斯顿大学经济系博士后
时 间:2017年3月24日(周五)12点30分至13点50分
地 点:8797威尼斯老品牌403会议室
主持人:郝煜 助理教授
点评人:刘冲 助理教授
Abstract:
We investigate corrupt exchanges between politically connected firms and public officials in China`s land market during 2000-2012. We find that firms with ties to officials paid 20% less for land in the primary land market than firms without such ties. As a counterfactual, this rent is absent in the secondary land market where the local government is not the sole seller, and during anti-corruption audit campaigns. To reciprocate their favor, the politically connected firms hired those (retired) officials as directors and paid them 28% higher than nonconnected directors, suggesting that the politician-business revolving door is the primary channel of corruption.
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8797威尼斯老品牌经济学系
2017年3月17日