¬ã°Q¤é´Á |
2025¦~04¤ë07¤é12:10-13:50 |
¬ã°Q¦aÂI |
°ê¥ß»OÆW¤j¾ÇªÀ·|¬ì¾Ç°|710·|ij«Ç |
¥DÁ¿ÃD¥Ø Title of the paper |
Can
cross‐holdings benefit consumers? |
§@ªÌ Authors of the paper |
Hao
Cheng, Xiaoting Wu, Chenhang
Zeng |
¤åÄm¥X³B Journal, vol.(issue), pp |
Journal
of Economics Volume 141, pages
245¡V273, (2024) |
¥DÁ¿¤H |
¬IÎr¥þ |
°Ñ¥[¤Hû |
¶ÀÂE¡BªL¿P²Q¡B¬IÎr¥þ¡B³\¦Ü¤A¡B¤ý¥ú¥¿¡B¤ý¬ý³Ç¡BªL®Ë¦p¡BAyu Sasni Munte¡BMicah Mainala¡BAnggoro Prihandoko¡B·¨¶®´Å¡B¬xºÍµ¾ |
ºKn Abstract of the Paper |
This paper investigates the
effect of China¡¦s 2020 poverty alleviation goal on GDP reporting in
poverty-stricken counties. We adapt Martínez¡¦s (2022) model to estimate
differences in GDP-nighttime light elasticity between poverty and non-poverty
counties, assuming this elasticity should be consistent across all counties
without manipulation. Our findings reveal significant GDP overreporting in
poverty-stricken counties following the announcement of the 2020 goal. We
estimate these counties inflated their GDP figures by approximately 23%,
meaning that for every 1% of actual economic growth, the officially reported
GDP growth was about 1.23%. Event study analysis shows that overreporting
increases as the target deadline approaches, suggesting escalating pressure
on local officials to demonstrate performance. These results highlight the
unintended consequences of top-down poverty alleviation targets and the
potential for data manipulation in high-stakes policy environments. |