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”