Industrial Clusters in the Long Run: Evidence from Million-Rouble Plants in China

This work was part-funded by the Economic and Social Research Council (ESRC) through the Applied Quantitative Methods Network: Phase II, grant number ES/K006460/1, an Ouvrir la Science Économique (Paris School of Economics) grant, and a BA/Leverhulme Small Research Grant, Reference SRG171331. We are grateful to Sam Asher, Kristian Behrens, Sylvie Démurger, Christian Dustmann, James Fenske, Richard Freeman, Jason Garred, Ed Glaeser, Flore Gubert, Marc Gurgand, Ruixue Jia, Vernon Henderson, Matthew Kahn, Francis Kramarz, Sylvie Lambert, Yao Luo, Florian Mayneris, Alice Mesnard, Thomas Piketty, Simon Quinn, Steve Redding, Uta Schönberg, Arthur Silve, Helen Simpson, Jon Temple, and Liam Wren-Lewis for very useful discussions. We also thank conference and seminar participants at Bath, Bristol, CREST, DIAL, Geneva, Georgia Tech, Goettingen, Laval (Quebec), LSE, Ottawa, Oxford, PSE, Toronto, UCL, UQAM, the EUEA, the EEA, the UEA, the IOSE, CURE, the China Economy Seminar (Harvard), and Cities & Development (Harvard) for helpful comments. We thank Liang Bai, Matthew Turner, Andrew Walder, and Siqi Zheng for sharing data. We are also grateful to Ziyu Peng, Junhui Yang, Kaixin Zhao, and Ruohan Zhou for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• online appendix

• December 6, 2022