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Credit market development and firm innovation : evidence from the People's Republic of China
Shang, Hua; Song, Quanyun; Wu, Yu - 2017
innovative capacities of industrial firms in the People's Republic of China. Using a large dataset of industrial firms in 31 … provinces in the People's Republic of China, we find that credit market development enhances firms' product innovation …
Persistent link: https://www.econbiz.de/10011592557
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Do banks price environmental risk? : evidence from a quasi natural experiment in the People's Republic of China
Huang, Bihong; Punzi, Maria Teresa; Wu, Yu - 2019
This paper maps the risk arising from the transition to a low-emission economy and studies its transmission channels within the financial system. The environmental dynamic stochastic general equilibrium (E-DSGE) model shows that tightening environmental regulations deteriorates firms' balance...
Persistent link: https://www.econbiz.de/10012024511
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E-commerce development and entrepreneurship in the People's Republic of China
Huang, Bihong; Shaban, Mohamed; Song, Quanyun; Wu, Yu - 2018
-commerce development across counties in the People's Republic of China and assess its impact on entrepreneurship in both rural and urban …
Persistent link: https://www.econbiz.de/10011811884
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Digital finance and financial literacy: an empirical investigation of Chinese households
Yang, Junhong; Wu, Yu; Huang, Bihong - 2020
Using the 2015 and 2017 waves of the China Household Finance Survey (CHFS), we measured financial literacy and study …'s Republic of China possess limited financial literacy. The low levels of financial sophistication are responsible for the low …
Persistent link: https://www.econbiz.de/10012403880