An economic analysis of the political promotion system in China

Jiancai Pi

Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, 2017, vol. 35, issue 2, 375-390

Abstract: 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.

Keywords: political promotion; China miracle; contest success function; promotion tournament model; local official (search for similar items in EconPapers)
JEL-codes: H11 P35 R50 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.efri.uniri.hr/sites/efri.uniri.hr/file ... 017-2-1513970400.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rfe:zbefri:v:35:y:2017:i:2:p:375-390

Access Statistics for this article

More articles in Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics from University of Rijeka, Faculty of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Danijela Ujcic ().