Purpose: Increasing academic communities and practitioners begin to explore a novel method to reduce environmental pollution and realize green logistics delivery. Additionally, China's Statistical Yearbook shows that the number of private cars has reached 165 million in China. Under this...

Motivated by the literature on the finance–growth nexus, this paper explores the mechanisms through which finance affects corporate investments and capital accumulation. We separate the effects of financial conditions from those of financial development. Based on a sample of firms from five...