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Institutions, Political Cycles and Corruption: Essays on Dynamic Political Economy of Government
Stockholm University, Faculty of Social Sciences, Department of Economics. Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
2012 (English)Doctoral thesis, monograph (Other academic)
Abstract [en]

This thesis consists of three essays in Political Economy:

“China’s Political Business Cycle” uncovers the fact that the timing of China’s business cycle correlates to the timing of the Communist Party’s Congress and constructs a theory to explain the mechanism of the political business cycle. An empirical test of the theory derives a result consistent with the predictions of the theory.

“A Theory of Dynastic Cycle” provides a politico-economic theory to explain the mechanism of the dynastic cycle, a repeating pattern in China’s theory. The core of the theory is the ruler’s trade-off between the political account and the economic account in choosing a successor.

“A Politico-Economic Theory of Corruption in Non-Democracy” investigates the ruler’s incentive to have corrupt agents. The key point is that a corrupt agent has a bad reputation and is less likely to replace the incumbent ruler. The major implication is that unless there is fundamental institutional change, it is hard to eradicate corruption in non-democracy.

Place, publisher, year, edition, pages
Stockholm: Department of Economics, Stockholm Univeristy , 2012. , 169 p.
Monograph series / Institute for International Economic Studies, University of Stockholm, ISSN 0346-6892 ; 76
Keyword [en]
Institutions, Political Cycles, Corruption
National Category
Research subject
URN: urn:nbn:se:su:diva-83374ISBN: 978-91-7447-596-8OAI: diva2:575434
Public defence
2013-01-21, William-Olssonsalen, Geovetenskapens hus, Svante Arrhenius väg 14, Stockholm, 13:00 (English)
Available from: 2012-12-27 Created: 2012-12-10 Last updated: 2014-08-25Bibliographically approved

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Li, Yinan
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Department of EconomicsInstitute for International Economic Studies

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