Abstract
The career prospects of politicians are crucial determinants of their policy choices. This paper studies the impact of promotion incentives on policy choices by analyzing data on prefecture officials and local land market dynamics in China from 2007 to 2017. Our findings indicate that a decrease in promotion prospects for prefecture party secretaries hampers their motivation to promote economic growth. This results in a decline in industrial land transactions. However, similar patterns are not observed among mayors. Further exploration reveals that officials experiencing a decline in prospects exhibit a negative stance toward economic growth, as evidenced by their annual working reports. This research sheds light on the nuanced relationship between political career incentives and policy outcomes in the context of local land markets.
Original language | English |
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Pages (from-to) | 119-147 |
Number of pages | 29 |
Journal | Public Choice |
Volume | 200 |
Issue number | 1-2 |
DOIs | |
Publication status | Published - Jul 2024 |
Keywords
- H77
- Land market
- Local government policy
- O43
- P25
- Political connection
- Promotion incentive
ASJC Scopus subject areas
- Sociology and Political Science
- Economics and Econometrics