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Hao, Xu ; Marlon, Seror ; Marlon, Seror ; Stephan, Heblich ; Stephan, Heblich ; Yanos, Zylberberg ; Yanos, Zylberberg. (2019) Industrial clusters in the long run: evidence from Million-Rouble plants in China.
In: CESifo Working Paper Series. RePEc:ces:ceswps:_7682.
Full description at Econpapers
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Construction Investment Sector Number Start End Planned Actual Aviation 14 1953.9 1957.3 7271 7204 Chemical 7 1955.3 1958.4 15291 15474 Coal mining 25 1954.3 1958.5 5323 5832 Electronic 10 1955.5 1957.9 5661 4752 Iron and Steel 7 1953.9 1959.0 78361 84586 Machinery 23 1954.8 1958.2 9972 10336 Nonferrous Metals 13 1955.1 1959.0 15018 15451 Powerplants 23 1954.0 1957.9 13039 9023 Weapons 16 1955.1 1958.4 13533 12262 Other 12 1955.3 1959.3 11751 12513 Notes: Other industries are shipbuilding, pharmaceutical and paper-making industries. The average planned investment by factory was about 100,000,000 yuan, which amounts to 15,000,000 Soviet roubles in 1957 ($120,000,000 in 2010 U.S. dollars). Note that some projects were not completed in 1960, and thus abandoned. Some planned projects had not yet been awarded a definitive location, which prevents us from using them as a control group. Table 3. Descriptive statistics (control and treated counties, weighted by matching weights).
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