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CCER討論稿：Better than On-the-job Training: Leaders’ Work Experience and Economic Performance

發(fā)布日期：2018-09-25 01:28    來(lái)源：北京大學(xué)國家發(fā)展研究院

 

Better than On-the-job Training: Leaders’ Work Experience and Economic Performance

Xiangyu Shi , Tianyang Xi , Yang Yao

 

Abstract

This paper studies how work experiences of national leaders shape economic performance.We propose that the variety of experience (VOE) from the public sectors is an essential indicator of leader’s competence over managing economic a?airs. Using a newly collected data on national leaders’ career backgrounds, we find that the index of VOE has a positive e?ect on growth. That e?ect is more  pronounced in helping economy recover from negative growth shocks. More experienced leaders manage economy more e?ciently, and they have a better record of maintaining political stability. By contrast, we do not ?nd evidence that the experiences from the private sectors particularly matter for growth.

Keywords: Political Leaders, Variety of Experiences (VOE), Economic Performance

JEL: E61, H11, M12, O20

討論稿下載： E201802007