The effects of rural-urban migration on corporate innovation: Evidence from a natural experiment in China
The effects of rural-urban migration on corporate innovation: Evidence from a natural experiment in China
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城乡迁移对企业创新的影响:来自中国自然实验的证据
DOI:
10.1111/fima.12280
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发表时间:
2020-06-01
影响因子:
2.8
通讯作者:
Ma, Yujing
中科院分区:
文献类型:
--
作者:
Chen, Deqiu;Gao, Huasheng;Ma, Yujing
We show that the migration of low-skilled, rural workers to urban centers has a negative causal effect on innovation of firms in such urban centers. Our tests exploit the staggered relaxation of city-level household registration system in China, which facilitates rural residents to migrate to cities. We find a significant decrease in innovation for firms headquartered in cities that have adopted such policies relative to firms headquartered in cities that have not. Overall, our results support the view that an abundant supply of low-skilled workers increases the benefit of using existing low-skilled technology and thus reduces firms’ incentive to innovate.