The national trunk highway system (NTHS), consisting of five vertical and seven horizontal national trunk highways, is taken as a natural experiment to study the impact of transportation infrastructure on firm productivity. It is found that the NTHS has led to the agglomeration of production resources of county-level enterprises along the system to large cities, and the degree of agglomeration has industry-level heterogeneity. Although the NTHS has promoted the division of labor among county-level enterprises, it is difficult for these enterprises to compete with those in big cities and share efficiency and economic benefits from the deepening of the division of labor.
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Chongqing Technol & Business Univ, Sch Econ, Chongqing, Peoples R China
Asian Dev Bank, Manila, PhilippinesChongqing Technol & Business Univ, Sch Econ, Chongqing, Peoples R China
Wan, Guanghua
Zhang, Yan
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机构:
Chongqing Technol & Business Univ, Sch Econ, Chongqing, Peoples R China
Asian Dev Bank Inst, Tokyo, JapanChongqing Technol & Business Univ, Sch Econ, Chongqing, Peoples R China
机构:
Renmin Univ China, China Financial Policy Res Ctr, Sch Finance, 59 Zhongguancun St, Beijing, Peoples R ChinaRenmin Univ China, China Financial Policy Res Ctr, Sch Finance, 59 Zhongguancun St, Beijing, Peoples R China
Liu, Yongzheng
Mao, Jie
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Univ Int Business & Econ, Sch Int Trade & Econ, 10 Huixin Dongjie, Beijing, Peoples R ChinaRenmin Univ China, China Financial Policy Res Ctr, Sch Finance, 59 Zhongguancun St, Beijing, Peoples R China
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Cent Univ Finance & Econ, Sch Int Trade & Econ, Beijing 100081, Peoples R ChinaCent Univ Finance & Econ, Sch Int Trade & Econ, Beijing 100081, Peoples R China
Hu, Cui
Xu, Zhaoyuan
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State Council, Res Dev Ctr, Ind Econ Res Dept, Beijing 100010, Peoples R ChinaCent Univ Finance & Econ, Sch Int Trade & Econ, Beijing 100081, Peoples R China
Xu, Zhaoyuan
Yashiro, Naomitsu
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OECD, Dept Econ, F-75016 Paris, FranceCent Univ Finance & Econ, Sch Int Trade & Econ, Beijing 100081, Peoples R China
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Cent Univ Finance & Econ, Sch Econ, 39 South Coll Rd, Beijing 100081, Peoples R ChinaCent Univ Finance & Econ, Sch Econ, 39 South Coll Rd, Beijing 100081, Peoples R China
Ma, Liya
Niu, Dongxiao
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机构:
Tsinghua Univ, Hang Lung Ctr Real Estate, Beijing 100084, Peoples R China
Tsinghua Univ, Dept Construct Management, Beijing 100084, Peoples R ChinaCent Univ Finance & Econ, Sch Econ, 39 South Coll Rd, Beijing 100081, Peoples R China
Niu, Dongxiao
Sun, Weizeng
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Cent Univ Finance & Econ, Sch Econ, 39 South Coll Rd, Beijing 100081, Peoples R ChinaCent Univ Finance & Econ, Sch Econ, 39 South Coll Rd, Beijing 100081, Peoples R China