Does funding sources’ regulation affect Chinese local governments’ financing behavior?
Author
Abstract
Suggested Citation
DOI: 10.1016/j.frl.2024.106330
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
- Zhuo Chen & Zhiguo He & Chun Liu, 2017. "The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes," NBER Working Papers 23598, National Bureau of Economic Research, Inc.
- Ms. Yuanyan S Zhang & Mr. Steven A Barnett, 2014. "Fiscal Vulnerabilities and Risks from Local Government Finance in China," IMF Working Papers 2014/004, International Monetary Fund.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chen, Zhuo & He, Zhiguo & Liu, Chun, 2020.
"The financing of local government in China: Stimulus loan wanes and shadow banking waxes,"
Journal of Financial Economics, Elsevier, vol. 137(1), pages 42-71.
- Zhuo Chen & Zhiguo He & Chun Liu, 2017. "The Financing of Local Government in China: Stimulus Loan Wanes and Shadow Banking Waxes," NBER Working Papers 23598, National Bureau of Economic Research, Inc.
- Cheng, Yudan & Jia, Shanghui & Meng, Huan, 2022. "Fiscal policy choices of local governments in China: Land finance or local government debt?," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 294-308.
- Han Gao & Minming Lan & Jie Li & Tianhang Zhou, 2024. "Economic policy uncertainty and local government debt: Evidence from China," Kyklos, Wiley Blackwell, vol. 77(4), pages 1103-1141, November.
- Wei Xiong, 2018. "The Mandarin Model of Growth," NBER Working Papers 25296, National Bureau of Economic Research, Inc.
- Chen, Wen & Zhu, Yufeng & He, Zehui & Yang, Yang, 2022. "The effect of local government debt on green innovation: Evidence from Chinese listed companies," Pacific-Basin Finance Journal, Elsevier, vol. 73(C).
- Xiang Xu & Alice Siqi Han, 2018. "Will China Collapse: A Review, Assessment And Outlook," Economics Working Papers 18104, Hoover Institution, Stanford University.
- Walker, Thomas & Zhang, Xueying & Zhang, Aoran & Wang, Yulin, 2021. "Fact or fiction: Implicit government guarantees in China’s corporate bond market," Journal of International Money and Finance, Elsevier, vol. 116(C).
- Yi Huang & Marco Pagano & Ugo Panizza, 2020.
"Local Crowding‐Out in China,"
Journal of Finance, American Finance Association, vol. 75(6), pages 2855-2898, December.
- Panizza, Ugo & Pagano, Marco & Huang, Yi, 2016. "Local Crowding Out in China," CEPR Discussion Papers 11489, C.E.P.R. Discussion Papers.
- Yi Huang & Marco Pagano & Ugo Panizza, 2017. "Local Crowding Out in China," EIEF Working Papers Series 1707, Einaudi Institute for Economics and Finance (EIEF), revised Feb 2019.
- Huang, Yi & Pagano, Marco & Panizza, Ugo, 2019. "Local crowding out in China," CFS Working Paper Series 632, Center for Financial Studies (CFS).
- Yi Huang & Marco Pagano & Ug Panizza, 2016. "Local Crowding Out in China," CSEF Working Papers 450, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 05 Feb 2019.
- Song, Yalin & Wang, Chang, 2024. "Pricing effects of extreme high temperature: Evidence from municipal corporate bonds in China," Economics Letters, Elsevier, vol. 243(C).
- Wang, Yabin & Wu, Sharon Xiaohui, 2023. "Local guarantees and SOE bond pricing in China," China Economic Review, Elsevier, vol. 78(C).
- Guonan Ma & Jinzhao Chen, 2019.
"The Role of Internally Financed Capex in Rising Chinese Corporate Debts,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(3), pages 413-442, September.
- Guonan Ma & Jinzhao Chen, 2019. "The role of internally financed capex in rising Chinese corporate debts," Post-Print halshs-03468357, HAL.
- Guonan Ma & Jinzhao Chen, 2019. "The role of internally financed capex in rising Chinese corporate debts," GRU Working Paper Series GRU_2019_003, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Zhang, Lu & Chen, Juejin & Wang, Yuan, 2024. "Appointing bankers as governors: Bureaucratic transfers and local government debt dynamics," International Review of Financial Analysis, Elsevier, vol. 96(PA).
- Jianchao Fan & Jing Liu & Yinggang Zhou, 2021. "Investing like conglomerates: is diversification a blessing or curse for China's local governments?," BIS Working Papers 920, Bank for International Settlements.
- Mo, Jiawei, 2018. "Land financing and economic growth: Evidence from Chinese counties," China Economic Review, Elsevier, vol. 50(C), pages 218-239.
- Qu, Xi & Xu, Zhiwei & Yu, Jinxiang & Zhu, Jun, 2023. "Understanding local government debt in China: A regional competition perspective," Regional Science and Urban Economics, Elsevier, vol. 98(C).
- Ke Mao & Pierre Failler, 2022. "Local Government Debt and Green Total Factor Productivity—Empirical Evidence from Chinese Cities," IJERPH, MDPI, vol. 19(19), pages 1-13, September.
- Wei Xiong, 2019. "The Mandarin Model of Growth," Working Papers 2019-10, Princeton University. Economics Department..
- Ma, Yongfan & Hu, Xingcun, 2024. "Shadow banking and SME investment: Evidence from China's new asset management regulations," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 332-349.
- Anderson, Ronald W., 2020. "Who bears risk in China's non-financial enterprise debt?," LSE Research Online Documents on Economics 118879, London School of Economics and Political Science, LSE Library.
- Wang, He & Yao, Yang & Zhou, Yue, 2022. "Markets price politicians: Evidence from China’s municipal bond markets," Journal of Economics and Business, Elsevier, vol. 122(C).
More about this item
Keywords
Urban investment bond; Funding source regulation; Local bond;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:70:y:2024:i:c:s154461232401359x. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.