Place-Based Policies, Creation, and Agglomeration Economies: Evidence from China’s Economic Zone Program

Combining rich firm and administrative data, this paper examines the incidence and effectiveness of a prominent place-based policy in China: special economic zones. Establishing zones is found to have had a positive effect on capital investment, employment, output, productivity, and wages, and to ha...

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Veröffentlicht in:	American economic journal. Economic policy 2019-08, Vol.11 (3), p.325-360
Hauptverfasser:	Lu, Yi, Wang, Jin, Zhu, Lianming
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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