反腐对经济真的有好处吗?来自中国的企业层面证据

IF 1.3 3区 社会学 Q3 ECONOMICS
Zhiyuan Chen, Xin Jin, Xu Xu
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引用次数: 10

摘要

本文以2004年中国黑龙江省出人意料的反腐行动为例,研究了反腐败努力对企业绩效的影响。我们将受影响地区的公司与其他内陆地区的公司在打击行动前后进行了比较。我们的主要发现是打击对企业生产率和进入率的总体负面影响。此外,这些负面影响主要是由私营和外国公司经历的,而国有公司大多不受影响。我们为我们的发现提供了两种可能的解释证据。首先,打击腐败可能限制了帮助私营公司运营的贿赂机会。其次,打击腐败可能在更大程度上干扰了私营企业与政府官员之间的个人关系,而不是国有企业与政府之间的机构关系。总体而言,我们的研究结果表明,打击腐败可能不会恢复经济效率,反而会导致更糟糕的经济结果,至少在短期内是这样(JEL L2, M1, 01)。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Is a Corruption Crackdown Really Good for the Economy? Firm-Level Evidence from China
We study the impact of anticorruption efforts on firm performance, exploiting an unanticipated corruption crackdown in China’s Heilongjiang province in 2004. We compare firms in the affected regions with those in other inland regions before and after the crackdown. Our main finding is an overall negative impact of the crackdown on firm productivity and entry rates. Furthermore, these negative impacts are mainly experienced by private and foreign firms, while state-owned firms are mostly unaffected. We present evidence concerning two potential explanations for our findings. First, the corruption crackdown may have limited bribery opportunities that helped private firms operate. Second, the corruption crackdown may have interfered with personal connections between private firms and government officials to a greater extent than institutional connections between state-owned firms and the government. Overall, our findings suggest that corruption crackdowns may not restore efficiency in the economy, but instead lead to worse economic outcomes, at least in the short run (JEL L2, M1, O1).
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来源期刊
CiteScore
2.20
自引率
0.00%
发文量
25
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