Zhao, Yujie; Zhang, Zixuan; Zhang, Boyuan; Sun, Haixia - In: Economics letters 243 (2024), pp. 1-9
Utilizing China's Fair Competition Review System (FCRS) as a quasi-natural experiment, our study explores the relationship between administrative monopoly regulation and firms' cross-regional resource allocation. By analyzing data from China's listed firms from 2009 to 2022, we find that the...
