Plausibly Exogenous [1549] - Private Firm Investment (04/29/2024)

LHS Variable
Private firm investment

RHS Variable
Property rights protection

Source of Exogenous Variation
China’s 2007 Property Law, which reduces the risk of expropriation by local governments

- Bhambhwani, Dong, and Huang (2023), “Expropriation Risk and Investment: A Natural Experiment”