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Crowding in or crowding out? How local government debt influences corporate innovation for China

The pressure upon local governments to redeem their debt could affect government fiscal ability. It could consequently affect their fiscal policies on corporations, which might distort corporate innovation. Based on the data of Chinese Shanghai and Shenzhen A-share listed companies and the local gov...

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Detalles Bibliográficos
Autores principales: Xu, Junbing, Li, Yuanyuan, Feng, Dawei, Wu, Zhouyi, He, Yang
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8575287/
https://www.ncbi.nlm.nih.gov/pubmed/34748594
http://dx.doi.org/10.1371/journal.pone.0259452