Most countries exhibit large and persistent geographical differences in wages, income, and
unemployment rates. A growing class of place-based policies attempts to address these …

Combining rich firm and administrative data, this paper examines the incidence and
effectiveness of a prominent place-based policy in China: special economic zones …

We quantify the amount of spatial misallocation of labor across US cities and its aggregate
costs. Misallocation arises because high productivity cities like New York and the San …

This paper uses US local areas as a laboratory to test for long-term impacts of the Great
Recession. In administrative longitudinal data, I estimate that exposure to a 1 percentage …

Place-based policies commonly target underperforming areas, such as deteriorating
downtown business districts and disadvantaged regions. Principal examples include …

This paper evaluates the impact of an R&D subsidy program implemented in a region of
northern Italy in the early 2000s on innovation by beneficiary firms. We use a regression …

This paper estimates the incidence of state corporate taxes on the welfare of workers,
landowners, and firm owners using variation in state corporate tax rates and apportionment …

We study the long-run effects of one of the most ambitious regional development programs
in US history: the Tennessee Valley Authority (TVA). Using as controls authorities that were …

Regulatory oversight of toxic emissions from industrial plants and understanding about
these emissions' impacts are in their infancy. Applying a research design based on the …

The paper exploits a unique Chinese municipal dataset to assess the impact of Special
Economic Zones on the local economy. Comparing the changes between the municipalities …