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- W2384058972 abstract "This paper connects China's extensive growth with the low efficiency of credit resources by analyzing the promotion of local government officials.Firstly,we analyze the way local government competition for growth turns to investment competition and the local governments' intervention of credit resources.Secondly,the paper analyzes the credit resources waste under the formation of inefficient investment caused by the mechanism of this distortion.Finally,the paper gives empirical analysis to support the above views with inter-provincial panel data through 1985-2005." @default.
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- W2384058972 date "2012-01-01" @default.
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- W2384058972 title "Local Officials' Promotion Competition,Local Economic Growth and the Allocation of Credit Resources" @default.
- W2384058972 hasPublicationYear "2012" @default.
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