In this paper, the authors contribute to this debate through the lens of a novel perspective: the congruence between firm’s factor input structures and local endowment structures.
Rural school quality is low and varies significantly across provinces. We estimate provincial variations in school quality from the labor market returns to years of schooling of interprovincial rural migrants educated in different home provinces but working in the same urban labor market. School quality is higher and provincial variation is lower for younger cohorts, indicating at least partial effectiveness of recent policies aimed at improving the quality of rural schools.
In China, granting firms the right to trade internationally boosted productivity, with gains growing over time and shared with workers through higher wages.
Industrial robots are often discussed primarily in terms of their employment effects. New evidence from China shows that automation has also delivered substantial improvements in workplace safety, with sharp reductions in accidents and fatalities.
International trade will continue to be important for economic performance..