| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14965 |
| DP14965 Barriers to Entry and Regional Economic Growth in China | |
| Loren Brandt; Gueorgui Kambourov; Kjetil Storesletten | |
| 发表日期 | 2020-06-29 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Labor productivity in manufacturing differs starkly across regions in China. We document that productivity, wages, and start-up rates of non-state firms have nevertheless experienced rapid regional convergence after 1995. To analyze these patterns, we construct a Hopenhayn (1992) model that incorporates location-specific capital wedges, output wedges, and entry barriers. Using Chinese Industry Census data we estimate these wedges and examine their role in explaining differences in performance and growth across prefectures. Entry barriers explain most of the differences. We investigate the empirical covariates of these entry barriers and find that barriers are causally related to the size of the state sector. |
| 主题 | Macroeconomics and Growth |
| 关键词 | China Growth Transition Convergence Firm entry Entry barriers Capital distortions Output distortions Soe reform |
| URL | https://cepr.org/publications/dp14965 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543908 |
| 推荐引用方式 GB/T 7714 | Loren Brandt,Gueorgui Kambourov,Kjetil Storesletten. DP14965 Barriers to Entry and Regional Economic Growth in China. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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