Promotion Pressure and Fiscal Behavior of Public Officials: An Analysis of Subnational Infrastructure Financing in China
Published online on December 15, 2025
Abstract
Public Finance Review, Volume 54, Issue 5, Page 701-732, September 2026.
Despite the growing importance of infrastructure financing, the extent to which individual officials’ political incentives influence subnational fiscal decisions remains underexplored. This study finds that political incentives play a decisive role in ...
Despite the growing importance of infrastructure financing, the extent to which individual officials’ political incentives influence subnational fiscal decisions remains underexplored. This study finds that political incentives play a decisive role in ...