作者：Li, Yunong; Lu, Yi; Wang, Jianguo
作者单位：Southwestern University of Finance & Economics - China; Tsinghua University; Renmin University of China
摘要：This paper identifies productivity gains from trade by studyingthe manipulation behavior of firms in response to regulatory policies oninternational trade in China. Bunching estimates show that participationin international trade increases firm productivity. The productivity gainsincrease over time, indicating dynamic learning from trading. Further exploration shows no effects on R&D investment, product rationalization,and markup. Young firms and nonstate-owned firms (non-SOEs) gain morefrom p...
作者：Martinez, Luis R.
作者单位：Emory University
摘要：I compare the impact of local tax revenue and royalties from the extraction of natural resources on governance in Colombian municipalities, leveraging plausibly exogenous variation from cadastral updates and fluctuations in the world price of oil. Higher tax revenue has a larger effect on local public goods in the areas of education, health, and water than a same-sized increase in oil royalties, despite earmarking of royalties for spending in these areas. Higher tax revenue also reduces the pr...
