中国财政金融政策研究中心

【财税论坛】2017年第2期(总第130期)

发布时间:2017-03-08

题目:Hayek, Local Information and the Decentralization of State-Owned Enterprises in China

时间:2017年315日 星期三     12:00 – 13:30

地点:明德主楼714

报告人:马光荣

摘要:Hayek (1945) argues that local knowledge is a key for understanding whether production should be decentralized. We test Hayek’s predictions by examining the causes of the Chinese government’s decision to decentralize state-owned enterprises (SOEs). Since the government located closer to an SOE has more information over that enterprise, a greater distance between the government and the enterprise should lead to a higher likelihood of decentralization. Moreover, where communication costs and the government’s uncertainty over an enterprise’s performance are greater, the government is more likely to decentralize enterprises to better utilize local information. We find empirical support for these implications.

报告人简介:马光荣,中国人民大学财政金融学院副教授,研究领域为财政学和发展经济学,研究论文发表于American Economic Review、Journal of Comparative Economics、《中国社会科学》、《经济研究》、《管理世界》、《世界经济》等中英文期刊。

 

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