76 lines
2.2 KiB
YAML
76 lines
2.2 KiB
YAML
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abstract: 'This paper studies how labor supply affects corporate investment by
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exploiting an exogenous policy relaxation of urban household
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registration (hukou) in China. We find that following the staggered
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hukou policy change, low-skilled labor inflow leads to an increase in
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the capital expenditure of local firms, consistent with the
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complementarity hypothesis of low-skilled labor and physical capital.
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The results are stronger for firms that are less automated and more
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labor intensive and for regions with lower household income. Our
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findings suggest that labor mobility induced by labor market friction
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reduction stimulates corporate investments.'
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affiliation: 'Xiao, Y (Corresponding Author), Shanghai Int Studies Univ, Sch Business
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\& Management, Shanghai, Peoples R China.
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Zhang, J (Corresponding Author), Guizhou Educ Univ, Sch Business, Guiyang, Guizhou,
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Peoples R China.
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Wu, Ziqi; Xiao, Yi, Shanghai Int Studies Univ, Sch Business \& Management, Shanghai,
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Peoples R China.
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Zhang, Jian, Guizhou Educ Univ, Sch Business, Guiyang, Guizhou, Peoples R China.'
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author: Wu, Ziqi and Xiao, Yi and Zhang, Jian
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author-email: 'wuziqi@shisu.edu.cn
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yixiao@shisu.edu.cn
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jianzhang@shisu.edu.cn'
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author_list:
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- family: Wu
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given: Ziqi
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- family: Xiao
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given: Yi
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- family: Zhang
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given: Jian
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da: '2023-09-28'
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doi: 10.1016/j.iref.2022.04.001
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earlyaccessdate: APR 2022
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eissn: 1873-8036
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files: []
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issn: 1059-0560
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journal: INTERNATIONAL REVIEW OF ECONOMICS \& FINANCE
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keywords: 'Investment; Low-skilled labor; Immigration; Capital-skill
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complementarity'
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keywords-plus: 'SKILL COMPLEMENTARITY; FINANCING CONSTRAINTS; IMMIGRATION; IMPACT;
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WAGES; INEQUALITY; GOVERNANCE; EMPLOYMENT; INNOVATION; MIGRATION'
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language: English
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month: JUL
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number-of-cited-references: '62'
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orcid-numbers: Zhang, Jian/0000-0002-2342-2930
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pages: 1110-1129
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papis_id: 8537d6981f47cc9a79597fefa74c30de
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ref: Wu2022labormobility
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researcherid-numbers: 'Wu, Ziqi/GRO-5862-2022
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'
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times-cited: '2'
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title: Labor mobility and corporate investment-Evidence from a Quasi-natural experiment
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in China
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type: Article
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unique-id: WOS:000794853000006
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usage-count-last-180-days: '5'
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usage-count-since-2013: '13'
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volume: '80'
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web-of-science-categories: Business, Finance; Economics
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year: '2022'
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