We examine how the policies of Chinese regional governments affect the investment location decisions of firms. Using a … dataset compiled from the reports on the investment decisions of 498 listed Chinese companies headquartered in the provinces … of Guangdong, Jiangsu, Shanghai, and Zhejiang, we estimate discrete choice models of the investment decisions of these …

This paper investigates the relation between corporate political connections and government investment. We study … unconnected firms. Overall, we show that connections between firms and regulators are associated with distortions in investment …