“Moving umbrella”: Bureaucratic transfers and the comovement of interregional investments in China

This paper studies the pattern of interregional investment after bureaucratic transfers across Chinese cities. Using the administrative records of business registration, we find that the transfer of a local leader between prefecture cities is associated with about 3% increase in interregional invest...

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Bibliographic Details
Main Authors: Shi, Xiangyu, Xi, Tianyang, Zhang, Xiaobo, Zhang, Yifan
Format: Journal Article
Language:Inglés
Published: Elsevier 2021
Subjects:
Online Access:https://hdl.handle.net/10568/142683

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