We use large survey data sets of firms provided by the World Bank for China, India, and Brazil—Investment Climate Surveys—to address the important question: what determines the locational choice of firms among cities in these countries. We find that capital cities in all countries are...

We use large survey data sets of firms provided by the World Bank for China, India, and Brazil?Investment Climate Surveys?to address the important question: what determines the locational choice of firms among cities in these countries. We find that capital cities in all countries are attractive...

This paper relates to economic change in India since 1991, and evaluates oneaspect of it, using China as a benchmark. Given the significance of industrial growth inIndia and China, their relevance for the global economy, and the important role played byprivate firms and urban areas in these...

We examine the effect of a large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth. We present a simple model to illustrate how this annexation may affect firm entry decisions and in turn land market outcomes. Using nationwide data...

This paper develops a new approach for measuring the stringency of a major form of land-use regulation, building-height restrictions, and it applies the method to an extraordinary dataset of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to...

This paper develops a new approach for measuring the stringency of a major form of land-use regulation, building-height restrictions, and it applies the method to an extraordinary dataset of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to...