Migration and spatial misallocation in China

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...

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Main Authors: LI, Xiaolu, MA, Lin, TANG, Yang
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語言:English
出版: Institutional Knowledge at Singapore Management University 2023
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在線閱讀: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
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機構: Singapore Management University
語言: English