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作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.66,P.294-304

语言

英文

关键字

R30;L23;D21;Geographic concentration;Vertical disintegration;Outsourcing;China

作者单位

Department of Economics, University of Colorado, Boulder, USA"}]},{"#name":"affiliation","$":{"id":"aff002;Faculty of Business and Economics, University of Hong Kong, Hong Kong"}]},{"#name":"correspondence","$":{"id":"cor001;Department of Economics, University of Colorado, Boulder, USA"}]},"aff002":{"#name":"affiliation","$":{"id":"aff002;Faculty of Business and Economics, University of Hong Kong, Hong Kong"}]}},"correspondences":{"cor001":{"#name":"correspondence","$":{"id":"cor001

摘要

Existing theoretical literature predicts that geographic concentration encourages vertical disintegration of firms. Nevertheless, empirical evidence of this prediction is limited, especially in developing countries. Using data on manufacturing firms from China, this paper documents a positive correlation between geographic concentration and vertical disintegration. Additionally, this paper uses the instrumental variable approach to address the issue of endogeneity and finds that geographic concentration has a positive causal effect on vertical disintegration.