| 主讲人 |
陆铭教授 |
简介 |
<p>Using the mass closure of development zones in 2004 as a natural experiment, we examine the causal effect of development zone closure on firm-level TFP in China, and its locational heterogeneity. The difference-in-difference estimator shows that on average, loss of protection by zones results in 6.5% loss of firms’ TFP, while the effect varies with locations. Within 500 kilometers of the three major seaports in China, closure of zones reduced firm-level TFP by 9.62%, whereas closure of zone farther away did not show significant effects. We also found that market potential plays a role in explaining the locational heterogeneous effect.</p>
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<p><span style="color: rgb(0, 0, 255);">Slides: </span><a href="/Upload/File/2016/5/20160516113301812.pdf"><span style="color: rgb(0, 0, 255);">Upload/File/2016/5/20160516113301812.pdf</span></a></p> |
