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...

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Bibliographic Details
Main Authors: Lu Liu, Yu Tian, Haiquan Chen
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/12/3/578