An economic analysis of the political promotion system in China

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...

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Main Author: Jiancai Pi
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2017-12-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/08-pi-2017-2-1513970400.pdf
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author Jiancai Pi
author_facet Jiancai Pi
author_sort Jiancai Pi
collection DOAJ
description 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.
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spelling doaj.art-9837aac9413a4a0dac9a4f4a369134da2022-12-22T00:14:22ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80041846-75202017-12-0135237539010.18045/zbefri.2017.2.375An economic analysis of the political promotion system in ChinaJiancai Pi0Full Professor of Economics, Department of Economics, School of Business, Nanjing University, 22 Hankou Road, Nanjing 210093, China.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.https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/08-pi-2017-2-1513970400.pdfpolitical promotionChina miraclecontest success functionpromotionlocal officialpromotion tournament modellocal official
spellingShingle Jiancai Pi
An economic analysis of the political promotion system in China
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
political promotion
China miracle
contest success function
promotion
local official
promotion tournament model
local official
title An economic analysis of the political promotion system in China
title_full An economic analysis of the political promotion system in China
title_fullStr An economic analysis of the political promotion system in China
title_full_unstemmed An economic analysis of the political promotion system in China
title_short An economic analysis of the political promotion system in China
title_sort economic analysis of the political promotion system in china
topic political promotion
China miracle
contest success function
promotion
local official
promotion tournament model
local official
url https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/08-pi-2017-2-1513970400.pdf
work_keys_str_mv AT jiancaipi aneconomicanalysisofthepoliticalpromotionsysteminchina
AT jiancaipi economicanalysisofthepoliticalpromotionsysteminchina