3min chapter

Pekingology cover image

Political Risk and Firm Exit

Pekingology

CHAPTER

Is There a Causal Explanation for Firm Exit?

In manufacturing in particular, the rates of exit is actually lower than the industry average. It's not in industries that are most associated politically with the trade war. I think at the highest are in the extract of industries, but the sampleis really small there,. Like mining, for example. What else is going on in china that could also be a causal explanation for this firm exit?

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