讲座题目：Hayek, Local Information and the Decentralization of State-Owned Enterprises in China

主 讲 人：马光荣 副教授

讲座时间：2017年4月12日下午15:30-17:00

讲座地点：中央财经大学学院南路校区主教702会议室

主讲人简介：

马光荣，中国人民大学财政金融学院副教授。2013年获得北京大学经济学博士学位。研究领域主要包括财政学和发展经济学等，其在经济学的国内外顶级期刊《American Economic Review》、《Journal of Comparative Economics》、《中国社会科学》、《经济研究》、《管理世界》、《世界经济》等中英文期刊上发表论文多篇，曾获洪银兴经济学奖、邓子基财经学术论文奖等。

内容介绍：

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.