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時間：2025年6月9日10：30-12：00（周一）

地點：明德主樓623

主講人：陳恭平 臺灣大學經濟系教授、臺灣“中央研究院”經濟研究所特聘研究員

主持人：羅茸副教授

主題：Year-End Rush and Career Tournament: Theory and Evidence from Chinese Patent Application

講座簡介：

This paper proposes a theory of the year-end rush (also referred to as the “fourth-quarter effect”), the year-end surge of investments or activities prevalent in organizations. In a multi-period tournament with observable interim performances, the contestants who lag behind will be more aggressive in catching up than their opponents in the latter period. Since the last period is not subject to subsequent catching up effort, the marginal return on effort, and its level, is greatest  in the last period, which causes an end-of-period surge in effort. Moreover, there is a monotonically increasing relationship between a contestant’s interim  erformance and the extent of his year-end rush. Since the promotion of Chinese officials in the bureaucratic hierarchy is well-known to be a tournament, we use data for patent applications in Chinese cities to empirically test the theory. We show that the underlying cause of the year-end rush is the tournament between local officials; the growth target policy only exacerbates it. The evidence also shows that patent agencies play an important role in the patent rush.

個人簡介：

陳恭平是美國羅徹斯特大學經濟學博士，中國臺灣地區“中央研究院”經濟研究所特聘研究員、臺灣大學經濟學教授，研究領域為個體經濟學、勞動經濟學、法律經濟學、產業經濟學等。陳教授在The Rand Journal of Economics、Journal of Labor Economics、Journal of Industrial Economics、International Economic Review、Games and Economic Behavior、Journal of Economic Theory、Journal of Law, Economics & Organization等國際權威期刊發表論文幾十篇，曾擔任亞洲法律經濟學會（Asian Law and Economics Association）會長，Asian Journal of Law and Economics等多家期刊的主編或編委，以及Review of Economic Studies、Journal of Public Economics、Journal of Labor Economics等40余家頂級期刊的評審人，曾在大英科學院、巴黎高等社會科學研究學院等學術機構做訪問學者，曾擔任美國杜克大學等高校的合聘教授或客座教授。