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Returnees and Innovation: Evidence from Chinese Publicly Listed Firms

Yibo Qiao, Andrea Ascani, Stefano Breschi, Andrea Morrison, Jan 05, 2024

We investigate the relationship between high-skill returnees and innovation of Chinese publicly listed firms.

Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities

Jan K. Brueckner, Wenhua Liu, Wei Xiao, Junfu Zhang, May 17, 2023

We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.

Local Government Financial Constraint and Spending Multiplier in China

Yang Su, Dec 28, 2022

Local fiscal policies have been very effective in China since 2000.

Brain Drain to the State Sector: Job Preferences and Outcomes for China’s College Graduates

Hongbin Li, Lingsheng Meng, Yanyan Xiong, Sinclair Cook, Feb 28, 2024

Despite private enterprises dominating China’s labor market, college-educated workers are still highly concentrated in the state sector. Using data from the Chinese College Student Survey, we find that 64% of students in the sample expressed a strong preference for state-sector employment.

Discounting Chinese Industrial Policy

Andrew J.Sinclair, Chuyi Zhang, Jan 31, 2024

The Chinese government supports the development of dozens of industries today, but the long-run sustainability of this model depends crucially on policy efficiency.