Fisher-Vanden, Karen; Mansur, Erin T.; Wang, Qiong - In: Journal of Development Economics 114 (2015) C, pp. 172-188
Unreliable inputs to production, particularly those that are difficult to store, can significantly limit firms' productivity, leading them to react in a number of ways. This paper uses a panel of 23,000 energy-intensive, Chinese firms from 1999 to 2004 to examine how firms responded to severe...
