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A firm's top manager and a government official may be connected due to special circumstances. This social relationship or political connection may provide industrial polluters with protection or a “pollution shelter” which could lead to severe environmental deterioration. This paper aims to...
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China's local government debt (LGD) has recently become the focus of economic policy debates. However, information … investigation of the impact of China's LGD on economic growth. It is probably the first of its kind to focus on China and thus … assessment of LGD in China's regional economies, using recently released auditing statistics and other available secondary …
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