Identifying FDI spillovers
TLDR
In this paper, the authors improved on the strategy used in the literature to identify the spillover effect of horizontal foreign direct investment (FDI) by taking advantage of the plausibly exogenous relaxation of FDI regulations on China's World Trade Organization accession at the end of 2001.About:
This article is published in Journal of International Economics.The article was published on 2017-07-01 and is currently open access. It has received 281 citations till now. The article focuses on the topics: Spillover effect & Foreign direct investment.read more
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Residential location and education in the United States
TL;DR: The educational story in the United States is thoroughly intertwined with residential location, and the reliance on the local tax for a large portion of school funding implies that the governmental grant system has an important effect on both locational decisions and on educational outcomes as mentioned in this paper .
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FIEs and the Transmission of Global Financial Uncertainty: Evidence from China
TL;DR: In this article , the role of foreign-invested enterprises (FIEs) in the cross-border transmission of global financial uncertainty shocks is investigated using Chinese firm-level data, and they find that rising uncertainty has a significantly larger contractionary effect on real investment for FIEs than their local counterparts.
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Does Stronger Environmental Regulation Promote Firms’ Export Sophistication? A Quasi-Natural Experiment Based on Sewage Charges Standard Reform in China
Helian Xu,Yuanyuan Xu +1 more
TL;DR: Based on the quasi-natural experiment of sewage charges standard reform, this paper adopted a staggered difference-in-difference model to empirically investigate the effect of environmental regulation on firms' export sophistication and the mechanism of the effect, using the matched data from the Chinese Annual Survey of Industrial Firms and Chinese Custom Trade databases from 2004 to 2013.
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Fiscal Multiplier, Monetary Shock and Hand-to-Mouth Household
TL;DR: In this paper, the authors investigated how Hand-to-mouth (HtM) households, who retain little or no liquid wealth, affects the transmission of fiscal or monetary measures.
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Belief Error and Non-Bayesian Social Learning: An Experimental Evidence
TL;DR: The authors study whether individuals hold a first-order belief that others apply Bayes' rule to incorporate private information into their beliefs, which is a fundamental assumption in many Bayesian and non-Bayesian social learning models.
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Journal ArticleDOI
How Much Should We Trust Differences-In-Differences Estimates?
TL;DR: In this article, the authors randomly generate placebo laws in state-level data on female wages from the Current Population Survey and use OLS to compute the DD estimate of its "effect" as well as the standard error of this estimate.
Journal ArticleDOI
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
TL;DR: This paper developed a dynamic industry model with heterogeneous firms to analyze the intra-industry effects of international trade and showed how the exposure to trade will induce only the more productive firms to enter the export market (while some less productive firms continue to produce only for the domestic market).
Posted Content
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
TL;DR: In this paper, a dynamic industry model with heterogeneous firms is proposed to explain why international trade induces reallocations of resources among firms in an industry and contributes to a welfare gain.
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The Dynamics Of Productivity In The Telecommunications Equipment Industry
George S Olley,Ariel Pakes +1 more
TL;DR: In this article, the authors developed an estimation algorithm that takes into account the relationship between productivity on the one hand, and both input demand and survival on the other, guided by a dynamic equilibrium model that generates the exit and input demand equations needed to correct for the simultaneity and selection problems.
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R&D Spillovers and the Geography of Innovation and Production
TL;DR: In this paper, the spatial distribution of innovation activity and the geographic concentration of production are examined, using three sources of economic knowledge: industry R&D, skilled labor, and the size of the pool of basic science for a specific industry.
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