The contrasting impacts of Chinese local government debt on firm's total factor productivity : crowding-out vs crowding-in
Year of publication: |
2024
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Authors: | Zhu, Jun ; Zhang, Jingting ; Yan, Wenhong ; Feng, Yiqing |
Published in: |
Emerging markets, finance & trade : a journal of the Society for the Study of Emerging Markets. - Abingdon, Oxon : Routledge, Taylor & Francis, ISSN 1558-0938, ZDB-ID 2095312-4. - Vol. 60.2024, 15, p. 3512-3537
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Subject: | crowding-in/out effects | financing constraints | firms total factor productivity | general equilibrium model | Local government debt | Produktivität | Productivity | Öffentliche Schulden | Public debt | Theorie | Theory | China | Allgemeines Gleichgewicht | General equilibrium |
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