Branstetter, Lee; Li, Guangwei; Ren, Mengjia - 2022
equipment upgrading positively affect firms’ productivity growth. On the other hand, we find a positive impact of subsidy on …? Alternatively, are efforts to promote productivity undercut by other efforts such as to maintain or expand employment in less … validation to categorize subsidies into different types. We then estimate total-factor productivity (TFP) for Chinese listed …