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This paper provides the first systematic analysis of persistent urban vibrancy in human capital supply in explaining firm valuation dispersion in China. We find persistent, significant city-to-city differences in Tobin’s q, especially among large or mature firms. To explain such geographic...
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-income nations and how this limits the accuracy of international comparisons - for instance of levels of urbanization and of the size … misconceptions in regard to growth rates for city populations and for nations' levels of urbanization. It ends with some comments on … how data limitations distort urban policies. -- urbanization ; city populations ; censuses …
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