Neighborhood characteristics have been broadly studied with different firm behaviors, e.g. birth, entry, expansion, and survival, except for firm exit. Using a novel dataset of foreign-invested enterprises operating in Shenzhen's electronics manufacturing industry from 2017 to 2021, I investigate the spillover effects of firm exits on other firms in the vicinity, from both the industry group and the industry class level. Significant neighborhood effects are identified for the industry group level, but not the industry class level.

翻译：利用2017至2021年深圳电子制造业外资企业的独特数据集，本文研究了企业退出对邻近其他企业的溢出效应，涵盖行业组别与行业类别两个层面。尽管邻里特征已被广泛研究与企业行为的关联（如成立、进入、扩张及存续），但企业退出行为仍未得到充分探讨。研究发现，行业组别层面存在显著的邻里效应，而行业类别层面则未发现此类效应。