The size effect can be attributed to the relative importance of growth options versus assets-in-place in total assets. By incorporating the changing trend of growth options over firm lifecycle into the dynamic investment model developed by Berk et al. (1999), this paper demonstrates that the...

This paper helps build a clear picture of the role of women in China's agriculture and, if agricultural feminization has been occurring, its impact on labor use, productivity, and welfare. Using two data sets that track changes in labor use over time, the authors examine the evolution of off...

This study examined the effect of local officials' political capital on poverty alleviation by using a manually compiled database of county party secretaries (CPSs) in impoverished counties in China. The empirical results reveal that CPSs with political capital positively affect poverty...

This study uses text mining technology to construct an index of digital transformation and discusses the impact of digital transformation on enterprise innovation and its mechanisms from theoretical and empirical perspectives. It also analyzes whether digital transformation can significantly...

Temptation plays a key role in theoretical work on spending and saving in developing countries. The limited empirical evidence on its importance, however, suggests that cash transfers do not induce increases in temptation spending. This paper expands the evidence base by studying the effect of...

In the era of advancing digital transformation, the impact of the digital divide on residents' financial behavior has garnered considerable attention, yet there exists a gap in understanding its implications for financial advisors. Employing the analytical framework of "access gap-usage...

We propose using a permutation test to detect discontinuities in an underlying economic model at a known cutoff point. Relative to the existing literature, we show that this test is well suited for event studies based on time‐series data. The test statistic measures the distance between the...

The widespread application of data technologies such as big data, artificial intelligence, and the Internet of Things plays an important role in promoting agricultural technology innovation. This article uses the 2022 survey data of farmers' economic behaviour in Hubei Province, China to...

This study investigates the effect of government pay policy for chief executive officer's (CEO's) compensation on corporate innovation (CI). Furthermore, it explores the role of the CEO's career horizon and shareholding in this nexus. Utilizing the difference-in-differences method to analyze...

Purpose - The purpose of this paper is to explore and test the motivation behind the evolution of China’s vast network of partnerships around the globe since the end of the Cold War. Design/methodology/approach - After combing through 24 types of partnerships with 78 countries, the authors...