Industrial Policy in China - What Is the Impact of Short Term Career Incentives?

Short term career incentives that lead local officials to support old incumbent loss making large firms in order to help with their promotion prospects. Local level actors who make many of the fundamental decisions about, does a remembe go here or go here? Does it go to this firm or go to that firm? So can you pull these together now and explain where industrial cy local governments and the specific career incentives for local level quadres come together to shape the functional outcome of industrial policy. Rik: i think there's been a lot of research on career incentives in china,. thiis something i've tried to contribute to in the past as well, and i've been interested for a long time.