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Anti-corruption Shocks, Relational Supply Chains, and Crowded Competition: Heterogeneous Impacts on Private Manufacturers and Sectoral Demand in China
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Anti-corruption Shocks, Relational Supply Chains, and Crowded Competition: Heterogeneous Impacts on Private Manufacturers and Sectoral Demand in China
This paper examines how provincial anti-corruption enforcement shocks reshape China's manufacturing supply chains. Using a novel 2020–2024 provincial panel with cadre-rank-weighted enforcement intensity, we identify four distinct effects. First, stronger enforcement significantly raises ...
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