Creditor Rights and Innovation : Evidence from China

In this paper I investigate if and how strengthening creditor rights enables firms to engage in more innovation activities, using the enactment of a new property law in China as a natural experiment. By using a newly constructed measure of land unavailability, I find that firms in cities where const...

Full description

Bibliographic Details
Main Author: Xia, Qing
Format: Others
Language:English
Published: Handelshögskolan i Stockholm, Institutionen för Finansiell ekonomi 2015
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-2332
http://nbn-resolving.de/urn:isbn:978-91-7258-982-7