In the Shadows of the Government: Relationship Building During Political Turnovers
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https://www.nber.org/papers/w25300
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资源简介：
We document that following a turnover of the Party Secretary or mayor of a city in China, firms (especially private firms) headquartered in that city significantly increase their "perk spending." Both the instrumental-variable-based results and heterogeneity analysis are consistent with the
提供机构：
美国国家经济研究局
创建时间：
2018-12-01
