講座題目：Hayek, Local Information and the Decentralization of State-Owned Enterprises in China

主 講 人：馬光榮 副教授

講座時間：2017年4月12日下午15:30-17:00

講座地點：伟德平台怎么样學院南路校區主教702會議室

主講人簡介：

馬光榮，中國人民大學财政金融學院副教授。2013年獲得北京大學經濟學博士學位。研究領域主要包括财政學和發展經濟學等，其在經濟學的國内外頂級期刊《American Economic Review》、《Journal of Comparative Economics》、《中國社會科學》、《經濟研究》、《管理世界》、《世界經濟》等中英文期刊上發表論文多篇，曾獲洪銀興經濟學獎、鄧子基财經學術論文獎等。

内容介紹：

Hayek (1945) argues that local knowledge is a key for understanding whether production should be decentralized. We test Hayek’s predictions by examining the causes of the Chinese government’s decision to decentralize state-owned enterprises (SOEs). Since the government located closer to an SOE has more information over that enterprise, a greater distance between the government and the enterprise should lead to a higher likelihood of decentralization. Moreover, where communication costs and the government’s uncertainty over an enterprise’s performance are greater, the government is more likely to decentralize enterprises to better utilize local information. We find empirical support for these implications.