This study empirically investigates the impact of regional digital economy level on green investment and analyzes the heterogeneity according to geographical location and economic development level by using provincial panel data from 2010 to 2020. The results demonstrate that, first, the digital...

This paper presents a simple general equilibrium model of economic performance through time. The model incorporates four main determinants of economic performance: technology, capital investment, the division of labor and quality of institutions. It demonstrates that growth is not automatic even...

This paper studies how minimum wage policies affect capital investment using the industrial census of manufacturing firms in China, where minimum wage policies vary across counties. Exploiting minimum wage policy discontinuities at county borders, we find that minimum wages increase capital...