scholarly journals Study on the Impact of Local Public Expenditure on Housing Price—An Empirical Analysis Based on Provincial Panel Data

2018 ◽  
Vol 09 (02) ◽  
pp. 247-262
Author(s):  
Shihao Li
2021 ◽  
Vol 7 (3) ◽  
pp. 233-249
Author(s):  
Dmitry S. Tretyakov ◽  
Ivan V. Rozmainsky

This paper tries to estimate the impact of financialization on fixed investment in Russia. The work is carried out by using panel data based on reports of non-financial publicly listed companies for 1999–2019. The study finds that financial expenses aimed at paying interest on external financing and paying dividends — that is, focusing on shareholder value, and hence decreasing the internal funds of companies, reduce real investments. Financial incomes have shown the crowding-out effect for large companies. Financial incomes as additional “free” funds in large companies are not perceived as an opportunity to accumulate fixed assets. Managers prefer to increase ­financial investments instead of real ones. In small and medium-sized companies, financial incomes, however, drive the growth of physical investment. This is because small firms, at a particular stage in their lives, find it more profitable to invest in their own growth. The results from the general sample, without dividing by size, indicate that financialization in Russia clearly reduces real investment.


2014 ◽  
Vol 1010-1012 ◽  
pp. 1989-1992 ◽  
Author(s):  
Yu Lin Wu ◽  
Xue Qian Li ◽  
Mei Ling Liu

In this paper, Chinese manufacturing industry is studied. We use the 2003-2010 panel data to analysis the impact of environmental regulation on the industrial innovation. In three cases of no time lag, one year later and two year later, all empirical results show that: the environmental regulation does not promote our country manufacturing industry to promote industrial innovation capacity.


2014 ◽  
Vol 1014 ◽  
pp. 533-538
Author(s):  
Qi Zhen Wang ◽  
Ying Ming Zhu

This article made empirical analysis of industrial agglomeration and export based on the manufacturing panel data during 2002-2011 in Jiangsu Province. The results indicate industrial agglomeration has a negative impact on export in the 29 industries. We should distinguish between the impact of industrial agglomeration and industry dispersed on export, and study different effect on export among concentration trends of manufacturing industries. On this basis, we propose some targeted recommendations.


2021 ◽  
Vol 4 (5) ◽  
pp. 78-83
Author(s):  
Lina Wang ◽  
Hengyuan Zhao ◽  
Ruoxi Li

In order to explore the influence of interest rate liberalization on profitability, an empirical analysis is carried out with the panel data of commercial banks in China from 2009 to 2019. Then, the heterogeneity of the impact is studied among different banks. The results show that, first, interest rate liberalization and commercial banks’ profitability have an inverted U-shaped relationship, whereby interest rate liberalization would increase the profitability of banks in the early stage but would reduce the profitability after reaching a peak inflection point at the later stage. Secondly, the impact varies among different banks, being more significant in urban commercial banks and large state-owned banks.


Author(s):  
Shuyu Li ◽  
Rongrong Li

Population aging and environmental sustainability have become two hot topics in the world today. To clarify whether the Environmental Kuninets Curve (EKC) hypothesis between the economy and the environment is still valid in the context of population aging is the key to reveal the complexity of social-ecological systems in aging societies. So far, the impact of population aging on the environment has not been clear. To this end, an empirical analysis on the threshold panel model was conducted using panel data of 140 countries from 2000 to 2015. The global findings suggest that economic growth was the main reason for the increase in the ecological footprint at the beginning of aging. However, deepening aging weakened this association between economic and ecological footprints. For high-income countries, with the deepening of aging, the economic and ecological footprints were firstly negatively correlated, then positively correlated, and finally negatively correlated. In other words, the EKC hypothesis remained valid in high-income countries as aging deepened. In contrast, for the low- and middle-income group, the economic-environmental association was not affected by the degree of aging. This result sheds light on the variability of different income country groups in coping with the environmental impacts of aging. For the high-income group, policy makers should pay attention to the aging threshold in socio-ecological management. Only in this way can the development of aging and the ecological environment be reconciled to the greatest extent.


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