Haichao Fan , Xingcun Hu , Faqin Lin , Mengxun Liu
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引用次数: 0
Abstract
Employing merged Chinese listed firm data, Chinese custom data, and the prefecture-level clan culture data, we find a clear pattern that chairpersons who originate from a prefecture-level city with a stronger clan culture lead firms to engage in less international trade. This finding is robust to a variety of checks including using the shortest distance from the chairperson's prefecture of origin to the nearest historical Neo-Confucian Academy and the number of southward-migrating clans during the Jianyan Reign (1127–1130) in the origin prefecture as instruments. The patterns in the data highlight the importance of cultural origin in shaping individuals’ attitudes towards international trade.
期刊介绍：
The Journal of Economic Behavior and Organization is devoted to theoretical and empirical research concerning economic decision, organization and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved understanding of how human cognitive, computational and informational characteristics influence the working of economic organizations and market economies and how an economy structural features lead to various types of micro and macro behavior, to changing patterns of development and to institutional evolution. Research with these purposes that explore the interrelations of economics with other disciplines such as biology, psychology, law, anthropology, sociology and mathematics is particularly welcome.
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