Migration and spatial misallocation in China

• المؤلفون الرئيسيون: LI, Xiaolu, MA, Lin, TANG, Yang
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2023
• الموضوعات: misallocation; regional trade; economic geography; welfare gai; Asian Studies; International Economics; Regional Economics
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/2498; https://ink.library.smu.edu.sg/context/soe_research/article/3497/viewcontent/lmt_2023_flat.pdf
• المؤسسة: Singapore Management University

We structurally estimate the firm-level frictions across prefectures in China and quantify their aggregate and distributional implications. Based on a general equi-librium model with input and output distortions and migration, we show that the firm-level frictions are less dispersed and less correlate...