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Subnational debt of China: The politics-finance nexus

Citations

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Cited by:

  1. Jaehyuk Choi & Lei Lu & Heungju Park & Sungbin Sohn, 2022. "The financial value of the within-government political network: Evidence from Chinese municipal corporate bonds," Papers 2201.01160, arXiv.org.
  2. Janbaz, Mehdi & Hassan, M. Kabir & Floreani, Josanco & Dreassi, Alberto & Jiménez, Alfredo, 2022. "Political risk in banks: A review and agenda," Research in International Business and Finance, Elsevier, vol. 62(C).
  3. Yixin Chen & Bingyang Lyu & Guangrong Ma, 2024. "Revenue sharing, fiscal incentives, and economic growth: Evidence from China," Kyklos, Wiley Blackwell, vol. 77(1), pages 149-183, February.
  4. 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.
  5. Shang, Wen-Long & Zhang, Junjie & Wang, Kun & Yang, Hangjun & Ochieng, Washington, 2024. "Can financial subsidy increase electric vehicle (EV) penetration---evidence from a quasi-natural experiment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 190(PA).
  6. Choi, Jaehyuk & Lu, Lei & Park, Heungju & Sohn, Sungbin, 2022. "The financial value of the within-government political network: Evidence from Chinese municipal corporate bonds," Finance Research Letters, Elsevier, vol. 47(PA).
  7. Jiang, Bo, 2024. "The real effect of shadow banking regulation: Evidence from China," Emerging Markets Review, Elsevier, vol. 59(C).
  8. Haoyu Gao & Fukang Chen & Yiling Ouyang, 2024. "The impacts of political uncertainty on public financing costs: evidence from anti-corruption investigations in China," Public Choice, Springer, vol. 198(1), pages 69-91, January.
  9. Liu, Yan & Wu, Guowei & Xiong, Chen, 2024. "Countercyclical central government transfers incentivize local government overborrowing: Theory and evidence," Economic Modelling, Elsevier, vol. 132(C).
  10. Chen, Suyun & Li, Zongze & Xie, Feixue & Xu, Xiaofang, 2024. "The signaling effect of local government debt: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 95(PA).
  11. Chen, Ka-Hin & Lai, Tze Leung & Liu, Qingfu & Wang, Chuanjie, 2022. "Beyond the blockchain announcement: Signaling credibility and market reaction," International Review of Financial Analysis, Elsevier, vol. 82(C).
  12. Liu, Qijun & Huang, Xin, 2024. "Pro-growth inefficiency: Rents and moral hazard in infrastructure contests in China," European Journal of Political Economy, Elsevier, vol. 84(C).
  13. Bo Li & Jacopo Ponticelli, 2020. "Going Bankrupt in China," NBER Working Papers 27501, National Bureau of Economic Research, Inc.
  14. 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).
  15. Yang, Xin & Wang, Xuya & Cao, Jie & Song, Linjia & Huang, Chuangxia, 2024. "Can local government implicit debt raise regional financial market spillover? Evidence from China," Finance Research Letters, Elsevier, vol. 67(PA).
  16. Xie, Hongji & Tian, Cunzhi & Wu, Yuanlin, 2024. "Quid pro quo? Local government debt and corporate tax avoidance," The British Accounting Review, Elsevier, vol. 56(5).
  17. Wang, Wenlong & Huang, Yuqin & Watson, John & Yang, Bowen, 2023. "The intra-regional spillover effects of bond defaults: Evidence from the Chinese corporate debt market," Pacific-Basin Finance Journal, Elsevier, vol. 77(C).
  18. Geng, Xin & Qian, Meijun, 2024. "Understanding the local government debt in China," Pacific-Basin Finance Journal, Elsevier, vol. 86(C).
  19. Dong, Xiaojun & Yu, Xiaowen & Shi, Tao & Qiao, Dan, 2024. "Nexus between carbon emissions and local debt risk: Evidence from China's prefecture-level cities," International Review of Financial Analysis, Elsevier, vol. 93(C).
  20. Yu, Mingzhe & Jia, Junyi & Wang, Siyu, 2022. "Local officials’ promotion incentives and issuance of urban investment bonds," Research in International Business and Finance, Elsevier, vol. 63(C).
  21. Deng, Jiapin & Liu, Qiao, 2024. "Good finance, bad finance, and resource misallocation: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 159(C).
  22. Mao, Wenfeng & Cai, Siyuan & Lu, Jun & Yang, Haotian, 2023. "What triggered China's urban debt risk? Snowball effect under the growth target constraint," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 1-13.
  23. Liu, Tianming & Xiong, Haifang & Li, Yifei & Wang, Zhiqiang, 2023. "The flight to safety during credit recovery: The role of implicit government guarantees," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
  24. 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).
  25. Ping Li & Jiahong Li & Dong Wang, 2024. "Anomaly Identification and Premium Mining: Evidence from Chinese Urban Construction Investment Bonds," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 31(4), pages 945-974, December.
  26. Haiyun Ma & Deshuai Hou, 2023. "Local Government Debt and Corporate Maturity Mismatch between Investment and Financing: Evidence from China," Sustainability, MDPI, vol. 15(7), pages 1-17, April.
  27. Yuan, Hongqi & Zhou, Yiyuan & Zou, Hong, 2022. "Serving multiple ‘masters’: Evidence from the loan decisions of a publicly listed state-owned bank around a massive economic stimulus programme," Journal of Corporate Finance, Elsevier, vol. 72(C).
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