Sridhar, Kala Seetharam; Wan, Guanghua - 2007
We use large survey data sets of firms provided by the World Bank for China, India, and Brazil—Investment Climate … find that capital cities in all countries are attractive for firms to locate. In India and China, labour-intensive firms … attrition costs. Labour regulations both in India and China deter firms from locating in the larger cities, but not in Brazil …