Du, Jun; Girma, Sourafel; Görg, Holger; Stepanok, Ignat - 2022
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay … subsidized and non-subsidized firms. We find that firms that receive subsidies experience a boost for productivity. However, our … general but not always, non-subsidized firms experience reductions in their productivity growth if they operate in a cluster …