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Political favoritism towards resource allocation: Evidence of grants by natural science foundation in China.
- Source :
-
Emerging Markets Review . Jun2022:Part A, Vol. 51, pN.PAG-N.PAG. 1p. - Publication Year :
- 2022
-
Abstract
- We study the effect of political power on resource allocation for knowledge production dictated by central planning in a non-market system. Our empirical results suggest that, compared to non-connected scholars, political connected (PC) scholars have 15.7% more allocation granted by the national Natural Science Foundation of China (NSFC). Variations in grant allocation is related to weaker institutional environments, less reputable universities, and hard-to-value project. Additional analysis suggests that access to the NSFC fund not only benefits individual PC scholars in terms of their research quality, but also brings more high-impact publications for their affiliated institution. • Political connected (PC) scholars have 15.7% more allocation granted by NSFC. • Political favoritism is related to weaker institutional environment. • NSFC fund benefits political connected scholar's research quality. • NSFC fund brings high-impact publications for PC scholar's affiliated institution. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15660141
- Volume :
- 51
- Database :
- Academic Search Index
- Journal :
- Emerging Markets Review
- Publication Type :
- Academic Journal
- Accession number :
- 157156213
- Full Text :
- https://doi.org/10.1016/j.ememar.2021.100866