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influences of spatial dependence and endogeneity bias in a very simple way. Results of Bayesian estimation using the data of the …
Persistent link: https://www.econbiz.de/10010941676
develop a Bayesian estimation algorithm. A Bayesian instrumental-variables approach is used to address endogeneity bias of …
Persistent link: https://www.econbiz.de/10010633807
Using a panel data model, we study the effects of regional and industry-level traits on new business formation (NBF) for 164 industries across 266 Chinese prefectures between 1998 and 2007. The objective is to provide empirical estimates on effects of prefecture traits on entry rates, and in...
Persistent link: https://www.econbiz.de/10011480854
The literature on China indicates that the concentration of economic activities in China is less than in other industrialized countries. Institutional limits are largely held responsible for this finding (e.g. the Hukou system); firms and workers are not able to take full advantage of the...
Persistent link: https://www.econbiz.de/10010417992
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10010231018
In the literature on urban studies, the size distribution of cities has been attributed to a random growth process where transportation externalities, congestion costs, and capital formation all play a crucial role. However, the classic economics models do not fully capture the impact of...
Persistent link: https://www.econbiz.de/10012912209
Using firm birth records and startup data matched with cities' characteristics, this paper analyzes nearly 300 prefecture-level cities to examine the role of human capital and market access in shaping the economic geography of innovation-driven entrepreneurship in China. We document strong...
Persistent link: https://www.econbiz.de/10012859236
This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 "Million-Rouble plants" in the 1950s. We isolate exogenous variation in location decisions due to the relative position of allied and enemy airbases and study the long-run...
Persistent link: https://www.econbiz.de/10012026413
Since 1978, when China instituted economic reforms, cities throughout the country have embraced skyscraper construction. Despite their importance, little is understood about what has been driving skyscraper heights and frequencies in China. This work explores the degree to which skyscraper...
Persistent link: https://www.econbiz.de/10012907271
The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar infrastructure investment project, is heralded as a game changer for Pakistan's economy and for regional cooperation more generally. As a crucial part of the major development initiative led by China, known as ‘One Belt, One...
Persistent link: https://www.econbiz.de/10012983845