科研之友
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摘要
We construct a political variablethe number of ministers of all national government departments born in each province weighted by provincial populationto examine its effect on economic growth in China during 1981-2010. We find that the lagged per capita political variable has a significant, positive effect on economic growth in both ordinary least squares (OLS) estimation and system generalized method of moments (GMM) estimation. We also find that the lagged per capita political variable has a significant, positive effect on financial deregulation policies distributed across provinces, which offers a possible mechanism for the political variable to impact growth.
- 出版日期2016-5
- 单位中央财经大学
