Doing business in China: Parental background and government intervention determine who owns busines

• 成果类型: Article
• 署名作者: Jia, Ruixue; Lan, Xiaohuan; Miquel, Gerard Padro i
• 署名单位: University of California System; University of California San Diego; University of London; London School Economics & Political Science; Fudan University; Fudan University; National Bureau of Economic Research; Yale University
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2021.102670
• 发表日期: 2021
• 关键词: Business ownership; intergenerational mobility; Government intervention; Development; CHINA

摘要

While intergenerational transmission of entrepreneurship is a well-known regularity, we hypothesize that in a transition economy where the state retains an important role, those whose parents are government workers may also be more likely to become business owners. We test the hypothesis in China and show that (1) on average, both entrepreneurs and government workers have a higher likelihood of having children who own incorporated businesses and (2) In provinces where government involvement is higher, the likelihood that children of government workers (entrepreneurs) own incorporated businesses is significantly higher (lower). Our study demonstrates that the local economic business environment shapes the influence of parental background on business ownership.