Migration and resource 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 equilibrium model with input and output distortions and migration, we show that the firm-level frictions are less dispersed and less correlat...

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Bibliographic Details
Main Authors: LI, Xiaolu, MA, Lin, TANG, Yang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2719
https://ink.library.smu.edu.sg/context/soe_research/article/3718/viewcontent/lmt_China_sv.pdf
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Institution: Singapore Management University
Language: English