This paper attempts to distinguish and estimate the direct and indirect effects of infrastructure on firm productivity … large-scale firm-level survey data from the People's Republic of China (PRC). Major findings include: (1) all the three … kinds of infrastructure - road, telecommunication servers, and cable - are found to directly promote firm productivity; (2 …

resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional … productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate … measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a …