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【主题】Regional Tournament, Trade Cost and Corruption: Evidences from China

【报告人】葛嬴，现任对外经济贸易大学国际经济贸易学院教授、副院长，2004年获得加拿大多伦多大学经济学博士，研究领域包括国际贸易、公司金融、发展经济学、区域与城市经济学等，研究成果发表于Journal of Development Economics, World Development, World Economy, Journal of Banking and Finance等国际知名期刊。

【时间】2015年4月15日（星期三）下午3:00-5:00

【地点】金沙990cc登录会议室（中财大厦1032室）

【论文摘要】It remains a challenging task to identify how prevalent is the corruption in the developing countries. In this paper we use firm-level data to identify the corruption-related domestic trade cost and local extortion in China. We construct two firm-level indicators to measure the corruption: Entertainment and Travel Cost (ETC) and Non-Tax Burden (NTB). We identify systematic differences in ECT and NTB between the exporters and non-exporters, using export tax rebate policy as the instrument. Our study suggests that globalization plays a complementary role to regional tournament in driving the "China's puzzle". Access to global markets provides an opportunity to pursue high growth under weak domestic institutions. On the one hand, regional tournament encourages local government to protect local market and hence significantly increases the relative cost of domestic trade to export. On the another hand, local bureaucrats have strong motive to promote export and thus significantly reduce the extortion on the exporters.