Xijie Gao
Biographic Data
| ID | 5738449 |
|---|---|
| NAME | Xijie Gao |
| GIVEN NAMES | Xijie |
| FAMILY NAME | Gao |
| SIGNATURE | GAO X |
| AFFILIATIONS | Nanyang Technological University |
| ORCID | 0000-0002-0602-4690 |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2025 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 0 |
Zombie firms, state subsidies and aggregate productivity
Using firm‐level data from the manufacturing sector in China, I document that zombie firms are larger and less productive, and receive higher subsidy rates on average. The difference in subsidy rates between zombies and non‐zombies reflects both the selection criteria of zombies and the underlying joint distribution of subsidy rate and productivity. I develop a model with heterogeneous firms to quantify the impact of zombies on aggregate producti…
No prominent works on this page.
Zombie firms, state subsidies and aggregate productivity
Using firm‐level data from the manufacturing sector in China, I document that zombie firms are larger and less productive, and receive higher subsidy rates on average. The difference in subsidy rates between zombies and non‐zombies reflects both the selection criteria of zombies and the underlying joint distribution of subsidy rate and productivity. I develop a model with heterogeneous firms to quantify the impact of zombies on aggregate producti…
Aggregate (composite) (1 works) · Business (1 works) · Computer Science (1 works) · Computer security (1 works) · Corporate Finance and Governance (1 works) · Economics (1 works) · Firm Innovation and Growth (1 works) · Global trade and economics (1 works) · Macroeconomics (1 works) · Market economy (1 works)