Banking Integration and Capital Misallocation: Evidence from China (doi:10.7910/DVN/KM8UU2)

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Part 1: Document Description
Part 2: Study Description
Part 3: Data Files Description
Part 4: Variable Description
Part 5: Other Study-Related Materials
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Document Description

Citation

Title:

Banking Integration and Capital Misallocation: Evidence from China

Identification Number:

doi:10.7910/DVN/KM8UU2

Distributor:

Harvard Dataverse

Date of Distribution:

2023-07-26

Version:

1

Bibliographic Citation:

Ye, Naide; Kong, Dongmin, 2023, "Banking Integration and Capital Misallocation: Evidence from China", https://doi.org/10.7910/DVN/KM8UU2, Harvard Dataverse, V1, UNF:6:Rgjfma021qK9l2XqWopFXA== [fileUNF]

Study Description

Citation

Title:

Banking Integration and Capital Misallocation: Evidence from China

Identification Number:

doi:10.7910/DVN/KM8UU2

Authoring Entity:

Ye, Naide (Shanghai Advanced Institute of Finance)

Kong, Dongmin (School of Economics, Huazhong University of Science and Technology)

Distributor:

Harvard Dataverse

Access Authority:

Ye, Naide

Depositor:

Ye, Naide

Date of Deposit:

2023-07-22

Holdings Information:

https://doi.org/10.7910/DVN/KM8UU2

Study Scope

Keywords:

Business and Management

Abstract:

We provide data, program and an instruction "README" file for replication.

Methodology and Processing

Sources Statement

Data Access

Other Study Description Materials

File Description--f7245852

File: city_ind_dispersion.tab

  • Number of cases: 92179

  • No. of variables per record: 8

  • Type of File: text/tab-separated-values

Notes:

UNF:6:qah+a7h62o+Z5Kf+6ocYjA==

File Description--f7245848

File: city_matching.tab

  • Number of cases: 204

  • No. of variables per record: 12

  • Type of File: text/tab-separated-values

Notes:

UNF:6:870h5apJq7BEBJmMC2BfSg==

File Description--f7245855

File: city_panel.tab

  • Number of cases: 4983

  • No. of variables per record: 11

  • Type of File: text/tab-separated-values

Notes:

UNF:6:WxSjDnxYFTa80iZ5VqYtmw==

File Description--f7245849

File: local_bank_hhi.tab

  • Number of cases: 456

  • No. of variables per record: 6

  • Type of File: text/tab-separated-values

Notes:

UNF:6:L3of9p+WuIR/2nk7kaa59g==

File Description--f7245851

File: prov_ind_dispersion.tab

  • Number of cases: 12764

  • No. of variables per record: 9

  • Type of File: text/tab-separated-values

Notes:

UNF:6:8FNdI8KroT3f5c7Zy7iogA==

File Description--f7245854

File: prov_panel.tab

  • Number of cases: 412

  • No. of variables per record: 10

  • Type of File: text/tab-separated-values

Notes:

UNF:6:fqoWrHfUQJO/Eipf39a70A==

Variable Description

List of Variables:

Variables

year

f7245852 Location:

Summary Statistics: Mean 2004.7107801126067; Valid 92179.0; Max. 2015.0; Min. 1998.0; StDev 4.584288625780091

Variable Format: numeric

Notes: UNF:6:4j9auDNQtCnkTGmnUSQZGQ==

ind2digit

f7245852 Location:

Summary Statistics: StDev 8.540615460450468; Max. 42.0; Mean 26.839182460213408; Valid 92179.0; Min. 13.0

Variable Format: numeric

Notes: UNF:6:AboRWuGkPr4FfICyUWjwhA==

year_shock

f7245852 Location:

Summary Statistics: Max. 2014.0; StDev 2.9289225892538924; Min. 2005.0; Valid 18874.0; Mean 2009.0699374801316

Variable Format: numeric

Notes: UNF:6:jsRlDtjDIOiN54b3o3AwIA==

prov_year

f7245852 Location:

Summary Statistics: StDev 118.53486052331348; Max. 481.0; Mean 210.60367328796528; Valid 92179.0; Min. 1.0;

Variable Format: numeric

Notes: UNF:6:vmNL6KMX10C/KIrqYj1hEg==

city_ind2digit

f7245852 Location:

Summary Statistics: Mean 383513.8817842784; Valid 92179.0; Min. 130113.0; Max. 659039.0; StDev 132938.7575045146

Variable Format: numeric

Notes: UNF:6:8tpQsNOMI+RmQOiS51X1nA==

logMRPK_var_city

f7245852 Location:

Summary Statistics: Min. 0.0; Valid 72105.0; Max. 27.179583; Mean 1.4718431760758526; StDev 1.4034728864592971;

Variable Format: numeric

Notes: UNF:6:nhJaVLUPUVa0tLoNNUPHoQ==

logMRPK_city_75_25

f7245852 Location:

Summary Statistics: Valid 92179.0; Min. 0.0; StDev 0.963509543382847; Mean 1.1886106245902306; Max. 7.3728671;

Variable Format: numeric

Notes: UNF:6:ocoaZSOqRXxu+G/2CSFfyQ==

logMRPK_city_80_20

f7245852 Location:

Summary Statistics: Max. 7.3728671; Mean 1.4383944465860798; Valid 92179.0; Min. 0.0; StDev 1.1213191863760006;

Variable Format: numeric

Notes: UNF:6:xMWJYcICyCmFbzoeZHYfjQ==

cityid

f7245848 Location:

Summary Statistics: StDev 133285.882008739; Max. 650200.0; Valid 204.0; Min. 130100.0; Mean 370879.9019607841;

Variable Format: numeric

Notes: UNF:6:M3bTzVOQaQ5QnoKRmb3axw==

treat

f7245848 Location:

Summary Statistics: Mean 0.30882352941176483; Valid 204.0; Max. 1.0; StDev 0.46314473180243493; Min. 0.0

Variable Format: numeric

Notes: UNF:6:7s6p715WD7RHRuNLVfH0pA==

LogGDPpc

f7245848 Location:

Summary Statistics: Min. -1.438456737961219; Max. 1.942848458326629; Mean -0.14111734698009146; Valid 203.0; StDev 0.6653853735922168

Variable Format: numeric

Notes: UNF:6:BL2MbJ5RIpi5Lwf/2PgSzw==

LogLoanPC

f7245848 Location:

Summary Statistics: StDev 0.8116752661030807; Mean 8.887968645212611; Min. 7.278636538327306; Max. 11.3681218930961; Valid 203.0

Variable Format: numeric

Notes: UNF:6:dr3esz/Xp5oDJRTB5nJaxA==

LogSavingPC

f7245848 Location:

Summary Statistics: Mean 9.238502398793063; Max. 11.86803127322789; StDev 0.8003650584018474; Valid 203.0; Min. 7.70035909591379

Variable Format: numeric

Notes: UNF:6:BpcWD86hzBGDRTW1u92EMg==

FiscalBudget

f7245848 Location:

Summary Statistics: Mean -556.1595342856701; Min. -2524.914859217989; Max. 145.5512339909965; Valid 203.0; StDev 400.57387319819446;

Variable Format: numeric

Notes: UNF:6:yYYObVJJROQ6gyEPMUaJKQ==

LogInvPC

f7245848 Location:

Summary Statistics: Max. 10.35059035712632; Mean 7.8754857153639355; Min. 6.225984228918967; StDev 0.7603116895310978; Valid 203.0

Variable Format: numeric

Notes: UNF:6:mgDPGIDwth/tK/+OO36h4w==

LightIntensity

f7245848 Location:

Summary Statistics: StDev 1.2528826102626462; Min. 0.0034868663181732; Valid 204.0; Mean 0.395132023878407; Max. 14.71565220196215

Variable Format: numeric

Notes: UNF:6:RQWZQ4QUBcrhENHPmZhtBw==

IndustrialShare

f7245848 Location:

Summary Statistics: Min. 13.295; StDev 11.248133207287722; Mean 45.41875205254515; Max. 86.16999999999999; Valid 203.0

Variable Format: numeric

Notes: UNF:6:1ZPo33ZBgabYxVWgn9i5qw==

TertiaryShare

f7245848 Location:

Summary Statistics: Min. 11.01; Max. 62.16; Valid 203.0; StDev 6.73781462285783; Mean 35.19632594417077

Variable Format: numeric

Notes: UNF:6:coyqvvRjjNUQXxNlCF//DQ==

GDPGrowth

f7245848 Location:

Summary Statistics: StDev 3.230565086535385; Valid 203.0; Max. 26.86666666666666; Mean 12.903259441707718; Min. 4.533333333333333

Variable Format: numeric

Notes: UNF:6:43csco2zjf/99UXKpNsVDQ==

FDI

f7245848 Location:

Summary Statistics: Min. 0.4214591001461699; Mean 3.294117623873098; Valid 202.0; StDev 1.0882617817388351; Max. 6.088756807399435

Variable Format: numeric

Notes: UNF:6:7GZPTzRQwSb9D+CbRMvCfA==

year

f7245855 Location:

Summary Statistics: Max. 2015.0; Valid 4983.0; StDev 5.103052607782777; Min. 1998.0; Mean 2006.7637969094924

Variable Format: numeric

Notes: UNF:6:OOb+j0HaKEYVegjGA1AXxA==

provid

f7245855 Location:

Summary Statistics: Min. 110000.0; Mean 376903.4718041287; StDev 137828.3427362057; Valid 4983.0; Max. 650000.0

Variable Format: numeric

Notes: UNF:6:ka8axDxNiLwlV0MQkEJcvw==

cityid

f7245855 Location:

Summary Statistics: Valid 4983.0; StDev 137872.36740742117; Max. 650200.0; Min. 110000.0; Mean 377644.9387918909;

Variable Format: numeric

Notes: UNF:6:YC+nTAVeMqNmeNUSixoBCg==

logInv

f7245855 Location:

Summary Statistics: Max. 18.850382; Min. 10.770988; StDev 1.455641358576054; Mean 14.75723817394855; Valid 4898.0

Variable Format: numeric

Notes: UNF:6:H6Ravz4xKN+Km4VI9NlY4g==

year_shock

f7245855 Location:

Summary Statistics: Mean 2009.2620320855615; Min. 2005.0; StDev 3.023689189214902; Max. 2014.0; Valid 1122.0

Variable Format: numeric

Notes: UNF:6:uokhqe4JJPU6eHFwvmAKmg==

logInvPerCap

f7245855 Location:

Summary Statistics: StDev 1.3419279516377476; Max. 12.298619; Valid 4897.0; Min. 5.1464825; Mean 8.9220792650194

Variable Format: numeric

Notes: UNF:6:vNX0+ghh0mJckfFlUT1yoQ==

logSavingPerCap

f7245855 Location:

Summary Statistics: StDev 1.0329375824659892; Max. 14.302629; Valid 3713.0; Mean 10.127692022461622; Min. 7.509511

Variable Format: numeric

Notes: UNF:6:tfOuW1nouswAzhsf4aAG1w==

logGDP_per_capita

f7245855 Location:

Summary Statistics: StDev 0.954951809002761; Valid 4960.0; Mean 9.729483986633065; Min. 7.4007039; Max. 13.108371

Variable Format: numeric

Notes: UNF:6:HdWiVv65SW/tkb4kUdo6+Q==

LogPop

f7245855 Location:

Summary Statistics: Mean 5.833175323321271; Max. 8.1242094; Min. -3.2188759; Valid 4974.0; StDev 0.7221155128433228

Variable Format: numeric

Notes: UNF:6:6j5iabTw0Wpi1EQK7Sdi7Q==

HighMRPK_share

f7245855 Location:

Summary Statistics: Mean 0.47486518084165485; Valid 4907.0; StDev 0.07169083939791909; Min. 0.20394737; Max. 0.67540324

Variable Format: numeric

Notes: UNF:6:D0T+SmHftUtbHBUQ3vnEQQ==

province_year

f7245855 Location:

Summary Statistics: Mean 3.7690367076797333E9; Max. 6.500001792E9; StDev 1.3782833728940747E9; Valid 4983.0; Min. 1.100002048E9;

Variable Format: numeric

Notes: UNF:6:UHtY5Ipn51nlm3zVxjZByQ==

provid

f7245849 Location:

Summary Statistics: Mean 401184.21052631474; StDev 158603.524802619; Max. 650000.0; Min. 130000.0; Valid 456.0

Variable Format: numeric

Notes: UNF:6:OxZbdzeg995rNo+8IZJIgQ==

weighted_HHI

f7245849 Location:

Summary Statistics: StDev 0.05564702022497923; Valid 456.0; Min. 0.74226755; Max. 1.0; Mean 0.9483116191008772;

Variable Format: numeric

Notes: UNF:6:qNgE6Kv3AgXMKLpTEngWiQ==

year

f7245849 Location:

Summary Statistics: Valid 456.0; Min. 1998.0; Mean 2006.578947368421; StDev 5.208437342319878; Max. 2015.0

Variable Format: numeric

Notes: UNF:6:Lu4+ZILIvF82yLsD1hGlUQ==

Log of HHI

f7245849 Location:

Summary Statistics: Min. -0.29804552; StDev 0.06139196018475788; Valid 456.0; Max. 0.0; Mean -0.05489592823695175

Variable Format: numeric

Notes: UNF:6:be8fby7Dn5ToGhpxX+Ohcw==

Log of Real GDP p.c.

f7245849 Location:

Summary Statistics: Max. 9.5289545; Mean 8.774439175657895; Valid 456.0; StDev 0.3760065088528448; Min. 7.7228098

Variable Format: numeric

Notes: UNF:6:WOLe1mVsYzkJkOobNpbqdw==

std(Log of MRPK)

f7245849 Location:

Summary Statistics: Max. 1.6174594; Mean 1.2994047723059867; StDev 0.1490866052536037; Valid 451.0; Min. 0.0

Variable Format: numeric

Notes: UNF:6:iVBMcA9/Z83fz4G6EQTOQg==

year

f7245851 Location:

Summary Statistics: Max. 2015.0; StDev 5.0728551621274836; Min. 1998.0; Valid 12764.0; Mean 2006.2503133813852;

Variable Format: numeric

Notes: UNF:6:UmCZELKDwWRyuIyPWpfChg==

province_id

f7245851 Location:

Summary Statistics: Mean 40.34628643058402; Valid 12764.0; Max. 88.0; Min. 13.0; StDev 15.431502557193296

Variable Format: numeric

Notes: UNF:6:Ly8YxbFkYyA/XDocciJOPw==

ind2digit

f7245851 Location:

Summary Statistics: StDev 8.592111486699318; Mean 26.80021936696954; Valid 12764.0; Max. 42.0; Min. 13.0;

Variable Format: numeric

Notes: UNF:6:q4+RUZKJk46ppFP0yOMN6g==

prov_ind2digit

f7245851 Location:

Summary Statistics: StDev 1543.1576338000543; Mean 4061.428862425639; Max. 8817.0; Min. 1313.0; Valid 12764.0

Variable Format: numeric

Notes: UNF:6:YvCSOEP5YtJJXPdaE4zaVg==

logMRPK_var

f7245851 Location:

Summary Statistics: Min. 0.0; StDev 1.0446177984310254; Mean 1.7811626285871993; Valid 12257.0; Max. 20.226606;

Variable Format: numeric

Notes: UNF:6:F0PE1bdbnIdj2s2YuGVxmg==

year_shock

f7245851 Location:

Summary Statistics: Min. 2005.0; Valid 4822.0; StDev 2.496979036086322; Max. 2014.0; Mean 2009.4251347988388

Variable Format: numeric

Notes: UNF:6:azy2Am7I5H9Q3PMLmjHKeQ==

prov_year

f7245851 Location:

Summary Statistics: Max. 882011.0; Min. 131998.0; Mean 405469.1146192294; StDev 154314.91044773886; Valid 12764.0

Variable Format: numeric

Notes: UNF:6:x9eht9FO0vYaIqO77DfQyQ==

disper_80_20

f7245851 Location:

Summary Statistics: Valid 12764.0; Max. 7.3728671; StDev 0.8017226420226878; Min. 0.0; Mean 1.9987617226682857

Variable Format: numeric

Notes: UNF:6:8s707ggOEdGuV2ZnIk5UJw==

disper_75_25

f7245851 Location:

Summary Statistics: Mean 1.5985684449168756; Max. 7.2726021; Valid 12764.0; Min. 0.0; StDev 0.6708586101173755

Variable Format: numeric

Notes: UNF:6:APsPiVUMbrIVx88/gDy3Tw==

year

f7245854 Location:

Summary Statistics: Max. 2015.0; Min. 1998.0; Valid 412.0; Mean 2005.7330097087379; StDev 4.999910234707877;

Variable Format: numeric

Notes: UNF:6:k90dSrE7MRSh/fdSmG5yvA==

provid

f7245854 Location:

Summary Statistics: Valid 412.0; Min. 130000.0; Max. 650000.0; StDev 159453.54087103953; Mean 405339.8058252439

Variable Format: numeric

Notes: UNF:6:IKq6xsg2tkEeBHNfmFnX2g==

integration

f7245854 Location:

Summary Statistics: Valid 412.0; StDev 0.1540790200259616; Mean 0.02427184466019418; Max. 1.0; Min. 0.0;

Variable Format: numeric

Notes: UNF:6:XWHcU9ZXutIIA011eDKhrQ==

growth rate of GDP

f7245854 Location:

Summary Statistics: Mean 0.14090442189811353; Valid 386.0; Max. 0.32274043560028076; Min. -0.09255383163690567; StDev 0.0664462382510113;

Variable Format: numeric

Notes: UNF:6:iDNnpfoD6ubbpHeAhoHC0w==

log of Deposits per capita

f7245854 Location:

Summary Statistics: Mean -0.017020572324551692; Valid 365.0; Min. -2.1571106910705566; Max. 1.7169660329818726; StDev 0.776038750828565

Variable Format: numeric

Notes: UNF:6:CmZfp+Gw1UmIDUFfcfgKcg==

log of Investments per capita

f7245854 Location:

Summary Statistics: Max. 1.9492214918136597; Min. -2.5755770206451416; StDev 1.0860587068232241; Valid 412.0; Mean -0.35835492183246354;

Variable Format: numeric

Notes: UNF:6:jXly216a0GGjPHXerKfRBg==

log of value addded from industrial firms per capita

f7245854 Location:

Summary Statistics: Max. 1.2922338247299194; Valid 412.0; StDev 0.882611028270086; Mean -0.41959798854811864; Min. -2.417682409286499

Variable Format: numeric

Notes: UNF:6:feeTMPJyq+3IZOg7nIj3+A==

log of value added from financial industry per capita

f7245854 Location:

Summary Statistics: Mean -3.011625365869513; StDev 1.0497434395869119; Max. -0.617281436920166; Min. -5.883497714996338; Valid 412.0

Variable Format: numeric

Notes: UNF:6:iq0ellIHQPYKiGdtBr3pnQ==

logarithm of per capita GDP

f7245854 Location:

Summary Statistics: Mean 8.754648414850234; StDev 0.3820101139695869; Min. 7.722809791564941; Max. 9.52895450592041; Valid 400.0

Variable Format: numeric

Notes: UNF:6:Eu0GANeboZ5zdx30a1JB0Q==

standard deviation of logarithm of firm

f7245854 Location:

Summary Statistics: Mean 1.2950904153570344; Min. 0.0; Valid 395.0; Max. 1.610641360282898; StDev 0.14993776314734653

Variable Format: numeric

Notes: UNF:6:lDZD95OKTSrwqxTAFHqOvg==

Other Study-Related Materials

Label:

Program.do

Notes:

application/x-stata-syntax

Other Study-Related Materials

Label:

README.pdf

Notes:

application/pdf