›› 2018, Vol. 30 ›› Issue (12): 247-256.

Previous Articles     Next Articles

Local Officials and Economic Development:A Literature Review

Guo Rui1, Wen Yanbing2, Shi Jinchuan3   

  1. 1. Economics School, Zhejiang University, Hangzhou 310027;
    2. Economics School, Zhejiang University of Finance & Economics, Hangzhou 310018;
    3. Academy of Financial Research, Zhejiang University, Hangzhou 310027
  • Received:2017-09-12 Online:2018-12-28 Published:2018-12-21

Abstract:

China's economic development is praised as "China Miracle" and "China Model" since the reform and opening. Researchers in different disciplines and different fields try to reveal the dynamic mechanism and development logic behind China's economic growth and regional disparity. Unlike mainstream economics, which emphasizes the role of direct factors (labor, capital, technology) and the interpretation of "market function theory", this paper is based on China's national conditions and existing literature:Firstly, it emphasizes the role of indirect factors (institutions, governments and officials) and extracts three interpretations:"Institutional Function Theory", "Government Function Theory" and "Official Function Theory". Secondly, in view of the important role of local officials in the economic development of the jurisdiction, this paper focuses on the representative theory and empirical literature of the role of local officials in economic growth in China, and analyzes the mechanism of action and points out the lack of research. Last but not least, we proposes future research directions.

Key words: local officials, economic development, China Miracle, review