Reyes, José-Daniel; Roberts, Mark; Xu, Lixin Colin - In: China economic quarterly international : CEQI 1 (2021) 1, pp. 15-28
institutional environment variables at the sub-national level in explaining firm employment and productivity growth. We find basic … environment to be critically important. By contrast, human capital and a list of refined business environment variables related to … labor regulations, tax, and land access are unimportant. We also find that the effects of the business environment vary …