Purpose –The purpose of this study is to examine the relationship between debt level and performance among small and medium-sized enterprises (SMEs). Design/methodology/approach -Unlike the vast majority of previous research, this study uses three-stage least squares (3SLS) and fixed-effects...

The decentralization of organizational decision authority has been shown to be complementary to Information Technology (IT) in prior research. We draw from the information processing view of organizations, the IT and de/centralization debate, and organizational learning theory to argue that IT...

Based on the characteristics of urban-rural dual economic structure in China, we build a dynamic endogenous urban-rural dual economic model closely linked to China's reality, and carry out mathematical economics analysis of optimized conditions for urban and rural sectors. The main results show...

Agriculture has a multifunctional role in economic development in developing countries; besides providing food for growing population, it is a major source of economic growth. Furthermore, growth originating from agriculture is known to be twice as effective in poverty reduction as growth...

This paper defines a sustainable development path as a balanced growth path with environmental conservation. In the framework of endogenous growth theory, it is known that a sustainable development path is optimal only if the following three conditions are satisfied: (1) the engine of economic...