Finance research letters, Journal Year: 2024, Volume and Issue: 67, P. 105807 - 105807
Published: July 31, 2024
Language: Английский
AIMS Mathematics, Journal Year: 2024, Volume and Issue: 9(3), P. 5951 - 5970
Published: Jan. 1, 2024
<abstract> <p>Enterprise financial asset allocation depends on its motivation, which significantly influences R&D innovation. In this study, we theoretically analyzed the motivation behind crowding-out effect of enterprise financialization innovation and constructed a panel data model to identify behavior. Furthermore, characteristics enterprises with two types effects innovation: Crowding-out non-crowding-out. Using disclosed from listed companies in China as sample, following conclusions were drawn. First, there are for assets: reservoir substitute motivation. This difference leads whether is Second, based innovation, found that between samples reflected intensity inhibition, while significance. Third, differences mechanism variables among different samples. The moderating equity concentration intensity, financing constraints significance.</p> </abstract>
Language: Английский
Citations
6
International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104179 - 104179
Published: March 1, 2025
Language: Английский
Citations
0
Managerial and Decision Economics, Journal Year: 2024, Volume and Issue: unknown
Published: May 16, 2024
Abstract Based on the establishment of China's intellectual property (IP) courts, this article examines impact judicial protection (IPJP) corporate innovation using sample A‐shared listed firms from 2013 to 2021 by time‐varying difference‐in‐differences (DID) model. The result shows that IP courts have a significant positive effect innovation, mainly increasing factor input, including expenditure R&D funds and personnel quantity. Additionally, is stronger for invention patents in non‐state‐owned firms, small high‐tech with low financing constraints.
Language: Английский
Citations
2
Electronic Research Archive, Journal Year: 2024, Volume and Issue: 32(3), P. 1406 - 1424
Published: Jan. 1, 2024
<abstract> <p>Digital payment is one of the latest trendsin modern systems; its development has a profound impact on international trade relations and status countries. We constructed an network by using global commodity data to measure countries' status. Based this, we used panel from 25 countries for period between 2012 2020 employed fixed-effect model test relationship digital Empirical results show that, first, can effectively enhance country's Second, strengthens connections lowering barriers cross-border capital flows, thereby improving Third, effect enhancing varies across with different degrees openness. The findings this study provide theoretical support trade.</p> </abstract>
Language: Английский
Citations
1
AIMS Mathematics, Journal Year: 2024, Volume and Issue: 9(4), P. 8439 - 8460
Published: Jan. 1, 2024
<abstract><p>The regression of mutually independent time series, whether stationary or non-stationary, will result in autocorrelation the random error term. This leads to over-rejection null hypothesis conventional t-test, causing spurious regression. We propose a new method reduce by applying Cochrane-Orutt feasible generalized least squares based on bias-corrected for first-order autoregressive model finite samples. eliminates requirements kernel function and bandwidth selection, making it simpler implement than traditional heteroskedasticity consistent method. A series Monte Carlo simulations indicate that our can decrease probability among stationary, trend-stationary within sample size 10–50. applied this proposed actual data studied Yule 1926, found significantly minimize Thus, we deduce there is no significant regressive relationship between proportion marriages Church England mortality rate Wales.</p></abstract>
Language: Английский
Citations
1
Asian-Pacific Economic Literature, Journal Year: 2024, Volume and Issue: unknown
Published: Nov. 8, 2024
This study examines the influence of state‐owned equity participation on green innovation in private enterprises. Using data China's A‐share listed companies between 2009 and 2021, paper finds that has a positive impact corporate this finding remains consistent dependable after conducting series robustness tests. In addition, also uncovers differed across regions, industries, external governance. The results show incentive is more pronounced enterprises with higher levels intellectual property protection region where they are located, belonging to high‐tech industries media attention. Further mechanism analysis reveals enhances by improving fulfilment environmental responsibility alleviating financing constraints. Overall, enriches research influencing factors from perspective minority can help inspire governments make full use promote transformation enterprises, thus contributing sustainable development global economy.
Language: Английский
Citations
1
AIMS Mathematics, Journal Year: 2024, Volume and Issue: 9(4), P. 8079 - 8103
Published: Jan. 1, 2024
<abstract> <p>We investigated the relationship between changes in housing prices and marriage patterns among Chinese residents, considering evolving real estate market increasing prevalence of homogamous marriages. Using microdata from China Household Income Project (CHIP) urban price data, our results showed following: First, levels significantly decreased likelihood residents engaging hypergamous mating marrying individuals lower social strata. Second, regional fluctuations could influence residents' marital matches by affecting spatial distribution genders. Specifically, higher level house prices, greater crowding out effect on marriageable men, less likely men that area were to match downwards marry women classes. Third, heterogeneity analysis indicated eastern regions, younger populations, migrants faced pressures process matching, resulting a more substantial impact these groups. The study contributes matching theories offers policy insights for reforms.</p> </abstract>
Language: Английский
Citations
0
AIMS Mathematics, Journal Year: 2024, Volume and Issue: 9(4), P. 8920 - 8939
Published: Jan. 1, 2024
<abstract> <p>The impact of the digital economy on ripple effect financial risks has attracted attention. Based data flow funds statements (financial accounts), spanning from 2011 to 2020, fund analysis method was used build a model measuring risk effect. Second, we built panel regression model, which studies risks. In addition, explored heterogeneous effects different dimensions Our findings revealed several key conclusions. First, total between and 2020 continued change, types have heterogeneity. negative Third, heterogeneity in Specifically, user index innovation The platform industry insignificant effect.</p> </abstract>
Language: Английский
Citations
0
Electronic Research Archive, Journal Year: 2024, Volume and Issue: 32(3), P. 1923 - 1945
Published: Jan. 1, 2024
<abstract> <p>The impact of financialization on R&D innovation in enterprises exhibits typical nonlinear dynamic characteristics. Based this, this study we constructed a threshold regression model to test the moderate range that can maintain positive relationship between and enterprises, also analyzed influencing mechanism by setting interaction term. Considering differences factor intensity various industries, research tested heterogeneity among different industries. Using annual data Chinese listed companies from 2010 2019, following empirical findings were obtained: First, enterprise presents feature, i.e., feature. The level first positively affects after it reaches certain turning point, behavior negatively enterprises. Second, feature which is reflected substitute effect, there are disparities levels. Third, industries with varying levels not only demonstrate intervals, but exhibit significant degree exerted innovation.</p> </abstract>
Language: Английский
Citations
0
AIMS Mathematics, Journal Year: 2024, Volume and Issue: 9(5), P. 11660 - 11695
Published: Jan. 1, 2024
<abstract> <p>As China's economy transitions from a stage of high-speed growth to high-quality development, the concept low-carbon and green economic development has gained increasing popularity. Mastering regional differences changing patterns quality is an important prerequisite for further promoting improving growth. Taking data 21 prefecture-level cities in Guangdong Province 2008 2019 as examples, we calculated index growth, analyzed convergences between them through coefficient variation analysis panel convergence model with fixed effects. The results showed that: First, was better than quality. Second, had σ convergence, imbalance regions alleviated, but did not have convergence. Third, there absolute conditional <italic>β</italic> Province. Fourth, rate "club difference"; same true dimensional various exploration conducted this article conducive grasping quality, enriching relevant research. conclusions paper can provide decision-making basis China formulate urban policies, achieve "double carbon goal".</p> </abstract>
Language: Английский
Citations
0