Gong, Rukai; Wang, Wenchun; Rong, Zhao; Yang, Rudai - In: China economic quarterly international : CEQI 2 (2022) 1, pp. 70-83
The massive expansion of China's real estate sector has raised manufacturing wage through the channel of reallocating low-skilled labor from manufacturing sectors to the real estate sector. Using data of manufacturing firms in 35 major cities from 2000-2007, we find that the expansion of the...
