College of Management and Economics

About: College of Management and Economics is a based out in . It is known for research contribution in the topics: Supply chain & Stock market. The organization has 2184 authors who have published 2193 publications receiving 28830 citations.

Analyzing the impact of urbanization quality on CO2 emissions: What can geographically weighted regression tell us?

Abstract: China is facing increasingly severe challenges in its quest to achieve urbanization and mitigate CO2 emissions. The existing studies have usually introduced a single indicator to describe urbanization and have ignored the complexity and multi-dimensionality of urbanization. This study establishes an evaluation system of urbanization quality to estimate the urbanization development level. The geographically weighted regression (GWR) model is employed to examine the impact of the urbanization quality on CO2 emissions and reveals the spatial differences of 30 provinces in 2000, 2005, 2010, and 2015. The results show that there are significant temporal and spatial differences in the effects of the urbanization quality on CO2 emissions between provinces. Improvements in the urbanization quality have contributed to cutting CO2 emissions in most provinces. The impact of the urbanization quality on CO2 emissions in the central region and western region is greater than that in the eastern region. The energy intensity has the largest positive impact on CO2 emissions, which indicates that technical progress can effectively reduce CO2 emissions. The industrial structure has a positive impact on CO2 emissions in 2000 and 2015, whereas it has a negative impact on the CO2 emissions of some provinces in 2005 and 2010. This paper provides valuable findings and conclusions of the relationship between urbanization quality and CO2 emissions. Differentiated policy implications are proposed according to geographical differences.

Economic policy uncertainty exposure and corporate innovation investment: Evidence from China

Abstract: This study investigates the impact of firms' heterogeneous exposure to economic policy uncertainty (EPU exposure) on corporate innovation investment. The results show that, first, a significant negative relationship exists between EPU exposure and corporate innovation investment, and this result continues to hold after controlling for endogeneity and conducting a series of robustness tests. Second, operational risk and financial distress are the main channels through which EPU exposure affects innovation investment. Third, firm-specific factors, such as government ownership, government subsidies, profitability, R&D personnel level, and sufficiency of net working capital, shape the relationship between EPU exposure and innovation investment. This study contributes new evidence on the impact of EPU exposure on firm behavior in China, where ongoing economic and financial reforms introduce sources of significant uncertainty.