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Connective Financing - Chinese Infrastructure Projects and the Diffusion of Economic Activity in Developing Countries
Bluhm, Richard; Dreher, Axel; Fuchs, Andreas; Parks, … - 2020
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity …
Persistent link: https://www.econbiz.de/10012227684
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Is Finance Good for Growth? New Evidence from China
Chen, Jingzhu; Ji, Yuemei - 2022
We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...
Persistent link: https://www.econbiz.de/10013427668
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Is Finance Good for Growth? New Evidence from China
Chen, Jingzhu; Ji, Yuemei - 2022
We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...
Persistent link: https://www.econbiz.de/10014078671
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Relaxing Hukou: Increased labor mobility and China's economic geography
Bosker, Maarten; Brakman, Steven; Garretsen, Harry; … - 2010
China's Hukou system poses severe restrictions on labor mobility. This paper assesses the consequences of relaxing … these restrictions for China's internal economic geography. We base our analysis on a new economic geography model. First …, we obtain estimates of the important model parameters on the basis of information on 264 of China's prefecture cities …
Persistent link: https://www.econbiz.de/10010274934
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Connective Financing - Chinese Infrastructure Projects and the Diffusion of Economic Activity in Developing Countries
Bluhm, Richard - 2020
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity …
Persistent link: https://www.econbiz.de/10012831662
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The Impact of a Large-Scale Natural Disaster on Local Economic Activity: Evidence from the 2003 Bam Earthquake in Iran
Farzanegan, Mohammad Reza; Fischer, Sven - 2023
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014377476
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The Impact of a Large-Scale Natural Disaster on Local Economic Activity : Evidence from the 2003 Bam Earthquake in Iran
Farzanegan, Mohammad Reza; Fischer, Sven - 2023
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014347828
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Top Lights - Bright Cities and their Contribution to Economic Development
Bluhm, Richard; Krause, Melanie - 2018
The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10012018102
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It's all in Marshall: the impact of external economies on regional dynamics
Audretsch, David B.; Falck, Oliver; Heblich, Stephan - 2007
Marshall's student Pigou noted: It's all in Marshall. From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept of external...
Persistent link: https://www.econbiz.de/10010264206
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The apple doesn't fall far from the tree: location of start-ups relative to incumbents
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2008
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10010264509