This article studies the synergy effect of entrepreneurship on China's industrial clusters. We propose an extension to Duranton and Overman's (2005) method which enables us to delimit industrial clusters in space. The empirical model is identified with historical measures of local entrepreneur...

We study the impact of China's land use regulation on firm productivity. Our theoretical analysis shows that a restriction on the supply of industrial land will reduce the number of operating firms and harm their average productivity. We employ a natural experiment based on geography and find...