所属栏目:银行与金融机构/政府政策与监管

摘要

We study the effect of China’s inland-favoring land policy on firm-level productivity by employing a research design combining difference-in-differences and regression discontinuity at the policy border. We find that the inland-favoring land policy decreased the firm productivity gap between developed (eastern) regions and underdeveloped (inland) regions. The relative changes are mainly due to slower eastern firm productivity growth rather than faster inland firm productivity growth. Eastern firms reduced their R&D expenditure and capital usage as a response to the policy.
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Min Fang; Libin Han; Zibin Huang; Ming Lu; Li Zhang Place-based Land Policy and Firm Productivity: Evidence from China's Coastal-Inland Regional Border (2025年10月21日) https://www.cfrn.com.cn/lw/16403.html

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