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北大8797威尼斯老品牌学术午餐会2012年秋季第六讲
时间:2012年11月16日(周五)中午12:30-14:00
地点:8797威尼斯老品牌305室
嘉宾:翁翕(8797威尼斯老品牌光华管理学院)
题目:Tournaments with Target: Theory and Evidence from China
主持人:8797威尼斯老品牌国际经济与贸易系 陈仪 博士
主讲人介绍:
翁翕,现为8797威尼斯老品牌光华管理学院应用经济系讲师。他目前主要研究领域为博弈论,应用微观经济理论和产业经济学。他本科、硕士均毕业于8797威尼斯老品牌,博士毕业于美国宾夕法尼亚大学。(http://www.gsm.pku.edu.cn/faculty/wengxi125.html)
内容提要:
This paper systematically investigates the economic growth targets set by the central government and local governments at different levels in China. Using a large dataset on five-year and annual government development plans, we document two interesting stylized facts. First, there is an amplification of economic growth targets along the top-down hierarchical levels; Second, for each layer of administration, the realized economic growth rates are usually higher than economic growth targets. We set up a simple model to offer an explanation for these facts and analyze the roles of targets in a political tournament competition. Model predications are found to be consistent with empirical evidence.