Using a manually collected proprietary dataset, we study the spillover effects of liquidation versus reorganization. For identification, we leverage the random assignment of bankruptcy filings to administrators, which generate plausibly exogenous differences in liquidation probability. We find...

This study examines the spatial productivity and efficiency spillovers of Chinese provinces using a spatial Durbin production frontier model that accounts for persistent and transient efficiency using a panel dataset of Chinese provinces from 1985 to 2017. The role of spatial effects is often...

In this paper, I present novel empirical evidence in support of the idea that FDI firms can act as an important driver of regional growth, by acting as a source of new knowledge and technologies to local suppliers in a host economy. For the analysis, I use unique firm level data that I obtained...