Xiong, Ruixiang; Wan, Qian; Liang, Wenquan - In: China economic quarterly international : CEQI 2 (2022) 3, pp. 215-226
to investigate the effects of economic development and minimum wage policy on foreign-invested enterprises' exit behavior …. The increase of local minimum wage from the 25th percentile to the 75th percentile accounts for 20% of the average exit …-saving-oriented" foreign-invested enterprises are more likely to exit from the market owing to the rise of minimum wage. Enterprises in …