Unlocking entrepreneurial growth: migrants and new firm entry in China

被引:0
作者
Wang, Zhiqiang [1 ]
Zhang, Zhe [1 ]
机构
[1] Peking Univ, Sch Econ, 5 Yiheyuan Rd, Beijing 100871, Peoples R China
关键词
Migration; firm entry; shift-share instrument; labour cost; J23; J61; L26; PRODUCTIVITY; IMMIGRANTS; MIGRATION; WAGE;
D O I
10.1080/13504851.2025.2472033
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using administrative data on firm registrations in China from 2000 to 2005 and employing a shift-share design, this study estimates the causal impact of rural-urban migration on new firm entry. Our findings show that the influx of migrants significantly increases new firm creation by reducing wages for low- skilled labour, thereby lowering labour costs for firms. This effect is especially pronounced in industries characterized by lower patent intensity, lower skill requirements, and higher labour intensity. The study underscores the vital role of labour mobility in driving entrepreneurial growth.
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页数:5
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