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- W2735618726 abstract "We study how China's recent anti-corruption campaign affects local economies. Our identification is based on a staggered difference-in-differences design and county-month level variations in inspection visits. We find that inspection visits decrease business entries by 0.9% in registered capital, and the effect is concentrated on sectors susceptible to corruption, such as construction and infrastructure. Lands sold by local governments become 3.9% more expensive, mostly driven by non-market transactions. Car consumption decreases by 3.4%, which is homogeneous across price tiers. All effects persist for at least 12 months. The heterogeneous effects across different regions suggest different levels and forms of corruption." @default.
- W2735618726 created "2017-07-21" @default.
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- W2735618726 date "2017-01-01" @default.
- W2735618726 modified "2023-09-23" @default.
- W2735618726 title "The Economic Impact of China's Anti-Corruption Campaign" @default.
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- W2735618726 doi "https://doi.org/10.2139/ssrn.2996009" @default.
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