| ID | 161830 |
| Title Proper | Direct and indirect effects of infrastructure on firm productivity |
| Other Title Information | evidence from Chinese manufacturing |
| Language | ENG |
| Author | Wan, Guanghua |
| Summary / Abstract (Note) | This paper attempts to distinguish and estimate the direct and indirect effects of infrastructure on firm productivity. The latter arises from the infrastructure-agglomeration link and has been largely overlooked in the literature on infrastructure. An analytical framework is then proposed to estimate both effects. Finally, empirical results are obtained using large-scale firm-level survey data from China. Major findings include: (1) all the three kinds of infrastructure–road, telecommunication servers and cable–are found to directly promote firm productivity; (2) they also exert a positive indirect effect on firm productivity through the agglomeration channel; and (3) the empirical results are robust to different agglomeration indicators and different subsamples. |
| `In' analytical Note | China Economic Review Vol. 49; Jun 2018: p.143-153 |
| Journal Source | China Economic Review 2018-05 49 |
| Key Words | Infrastructure ; Agglomeration ; Firm Productivity ; Indirect Effect |