We investigate the relationship between the allocation of government subsidies and total factor productivity for Chinese listed firms.
In this column, we examine how the presence of state-owned enterprises (SOE) affects the private sector by influencing the allocation of skills across SOEs, private sector waged employment and entrepreneurship.
We provide new evidence on the causal effects of housing wealth on consumer behavior.
This study investigates the factors contributing to building damage during the 2008 Sichuan earthquake.
Inter-jurisdictional competition in a regionally decentralized authoritarian regime distorts local politicians’ incentives in resource allocation among firms from their own city and a competing city.