Arbeitspapier
The Legacies of the Soviet Influence in the 1950s: China's 156 Major Industrial Projects
This paper investigates whether and how China's adoption of Soviet-aided industrialization programs in the 1950s has affected its long-run innovation. Focusing on 156 major industrial projects aided by the Soviet Union, combined with an instrumental variable approach, I find that the adoption of these programs substantially discourages local firms to innovate in the long run. A causal mediation analysis of instrumental variable settings shows that the negative effect is entirely driven by local firms' lower intensity of incentive pay. This evidence suggests disadvantages of Soviet-aided industrialization programs for long-run innovation due to firms adopting incentive-incompatible management technology.
- Language
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Englisch
- Bibliographic citation
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Series: GLO Discussion Paper ; No. 932
- Classification
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Wirtschaft
Economic Development: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Firm Objectives, Organization, and Behavior: General
Personnel Economics: Compensation and Compensation Methods and Their Effects
- Subject
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Soviet Aid
Technology Transfers
Incentive Pay
Innovation
China
- Event
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Geistige Schöpfung
- (who)
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Jin, Zhangfeng
- Event
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Veröffentlichung
- (who)
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Global Labor Organization (GLO)
- (where)
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Essen
- (when)
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2021
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Jin, Zhangfeng
- Global Labor Organization (GLO)
Time of origin
- 2021