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Tournament-Style Political Competition and Local Protectionism: Theory and Evidence from China

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NBER2022-12-01 更新2025-01-04 收录
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We argue that inter-jurisdictional competition in a regionally decentralized authoritarian regime distorts local politicians incentives in resource allocation among firms from their own city and a competing city. We develop a tournament model of project selection that captures the driving forces of

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2022-12-01
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