From Profit-Sharing to Residual-Chasing: A Study of Grand Theft in an Era of Economic Slowdown

• In Event: Local Governance

Brief Overview

This paper studies grand theft in China based on two panel datasets constructed at the provincial and municipal levels from 2006 to 2017. I theorize that economic slowdowns incentivize political elites to generate financial residuals via auditing.

Author

• Hui Zhou, Saint Louis University