The effects of rural–urban migration on corporate innovation: Evidence from a natural experiment in China
研究发现低技能农村劳动力向城市迁移会抑制城市企业的创新,因为廉价劳动力供给使企业更倾向于使用现有技术而非创新。
Abstract 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.