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We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
We study the spatial expansion of banks in response to banking deregulation in the 1980s and 90s. During this period, large banks expanded rapidly, mostly by adding new branches in new locations, while many small banks exited. We document that large banks sorted into the densest markets, but...
Persistent link: https://www.econbiz.de/10014512110
We measure the importance of increasing returns to scale and trade in medical services. Using Medicare claims data, we document that "imported" medical care -- services produced by a medical provider in a different region -- constitute about one-fifth of US healthcare consumption. Larger regions...
Persistent link: https://www.econbiz.de/10014247951
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax records since the early 1800s. The US General Property Tax was a comprehensive tax on all types of property (real, personal, and financial), making it one of the first "wealth...
Persistent link: https://www.econbiz.de/10014247998
We introduce new measurement tools to understand the sources of earnings differences across space. Based on the natural language employers use in job vacancy text, we develop granular measures of job tasks and of worker specialization. We find that jobs in larger commuting zones involve greater...
Persistent link: https://www.econbiz.de/10013388776
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of … polarizing in China …
Persistent link: https://www.econbiz.de/10012660061
development zones on firm level TFP in China. The difference-in-difference estimator shows that on average, loss of development … three major seaports in China, closure of zones reduced firm-level TFP by 9.62%, whereas closure of zones farther away did … locational heterogeneity. We conclude that China's strategy of using development zones as a place-based policy to encourage …
Persistent link: https://www.econbiz.de/10012480094
Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and …
Persistent link: https://www.econbiz.de/10012481813
We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in … of China's integration into the global economy plays a significant and regionally concentrated role in the second period …
Persistent link: https://www.econbiz.de/10012462082
Many studies of regional disparity in China have focused on the preferential policies received by the coastal provinces …
Persistent link: https://www.econbiz.de/10012469817