The Costs of Agglomeration: Misallocation of Credit in Chinese Cities
In comparison to agglomeration economies, the negative externalities of agglomeration have received less attention. Based on the punishment data of illegal loans from Chinese bank branches, this paper focuses on the relationship between density and credit misallocation to enrich the study of the neg...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-02-01
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Series: | Land |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-445X/12/3/578 |