关键词: 官员激励 , 制度环境 , 要素市场扭曲

Abstract:

:It is the premise to govern the China factor market distortions that exploring the internal reasons of the local officials intervening in factors marketThe motivation which local officials have intervened on the factor market may come from financial incentive, promotion incentive and rentseeking incentive Based on the existing literature, this paper theoretically discusses the mechanism of local officials incentive affecting on factors market distortion It tests the theoretical hypothesis, using the Chinas provincial panel data The results show that the fiscal incentives, promotion incentives and rent seeking incentives have significant effects on the factors market distortion In different institutional environment, the effects of local officials incentive on the factor market distortion are different Moreover, the improvement of financial and legal environment as well as clear property right can avoid the effect of local officials incentive on the factor market distortion in a certain extent This paper not only expands the research field of officials incentive and factor market distortion, but also inspires the direction of governing the factor market distortion.

Key words: officials incentive , institutional environment , factor market distortion