This paper constructs a new conceptual framework around the impacts of member heterogeneity on cooperative union (federated cooperative) performance considering both a union’s capital factor structure and its service link operations structure, and that governance control rights serve as an...

Using the 2015 and 2017 waves of the China Household Finance Survey, we measured financial literacy and study its relationship to households’ demand for digital finance. We found that a majority of households in the People’s Republic of China possess limited financial literacy. The low level...

Using the 2011 China Household Finance Survey (CHFS) database, we explore the heterogeneous impacts of social networks on informal financial inclusion for urban and rural households in the People's Republic of China. We find that social networks significantly increase the probability of...

This paper examines the impact on the environment of economic growth and trade openness in 261 cities in the People's Republic of China (PRC) over the period 2004-2013, using a recently developed, continuously updated, fully modified method that allows for cross-sectional dependence and...