Data and Code for: Go with the Politician

Principal Investigator(s): View help for Principal Investigator(s) Yongwei Nian, Bocconi University Economics Department; Chunyang Wang, Peking University HSBC Business School

Version: View help for Version V1

Name	File Type	Size	Last Modified
Master_Stata 13.do	text/plain	360.5 KB	08/18/2022 09:11:PM
Master_Stata 14.do	text/plain	4.9 KB	12/07/2021 09:26:AM
Number_Stata 13.do	text/plain	8.3 KB	12/07/2021 09:26:AM

Project Description

Summary: Chinese local leaders are frequently moved across prefectures. By combining local leader rotation data and comprehensive firm land parcel purchase data across prefectures from 2006 to 2016, this paper examines how firm-politician connections affect resource allocation and finds that a firm headquartered in a leader's previous work prefecture purchases three times more land parcels in that leader's new governing prefecture than the prefecture-year mean, at half the unit prices. Identification is from within firm-year variation in various prefectures through exogenous politician rotation. Land usage efficiency is lower for these follower firms' land parcels. Land allocation distortion is also economically sizable.

Scope of Project

Subject Terms: Land; Politician Rotation; China

JEL Classification:
      D73 Bureaucracy; Administrative Processes in Public Organizations; Corruption
      O10 Economic Development: General
      P26 Socialist Systems and Transitional Economies: Political Economy; Property Rights

Geographic Coverage: China

Universe: Public firms in China

Data Type(s): event/transaction data; observational data

Methodology

Unit(s) of Observation: Firm

Related Publications

Download this project

Published Versions

V1 [2023-04-07]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.