68
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Does financial support improve the economic effect of agricultural enterprises?

, & ORCID Icon

References

  • Aharony, J., J. Lee, and T. Wong. 2000. “Financial Packaging of IPO Firms in China.” Journal of Accounting Research 38 (1): 103–126. https://doi.org/10.2307/2672924.
  • Alfaroa, L., A. Chanda, S. Kalemli–Ozcan, and S. Sayek. 2004. “FDI and Economic Growth: The Role of Local Financial Markets.” Journal of International Economics 64 (1): 89–112. https://doi.org/10.1016/S0022-1996(03)00081-3.
  • An, T. L., S. D. Zhou, and J. C. Pi. 2009. “The Incentive Effect of R&D Subsidies on Independent Innovation of Chinese Enterprises.” Economic Research Journal 44 (10): 87–98+120.
  • Aydin, C., and Ö. Esen. 2018. “Does Too Much Government Spending Depress the Economic Development of Transition Economies? Evidences from Dynamic Panel Threshold Analysis.” Applied Economics 51 (15): 1666–1678. https://doi.org/10.1080/00036846.2018.1528335.
  • Barra, C., N. Ruggiero, and R. Zotti. 2019. “Short- and Longterm Relation Between Economic Development and Government Spending: The Role of Quality of Institutions.” Applied Economics 52 (9): 987–1009. https://doi.org/10.1080/00036846.2019.1646884.
  • Barro, R. J., and R. M. Mccleary. 2003. “Religion and Economic Growth Across Countries.” American Sociological Review 68 (5): 760–781. https://doi.org/10.1177/000312240306800505.
  • Bernard, A. B., and B. Jensen. 2004. “Why Some Firms Export.” The Review of Economics and Statistics 86 (2): 561–569. https://doi.org/10.1162/003465304323031111.
  • Charlotte, F. S., and M. Mazhar. 2019. “From Maputo to Malabo: Public Agricultural Spending and Food Security in Africa.” Applied Economics 51 (46): 5045–5062. https://doi.org/10.1080/00036846.2019.1606411.
  • Criscuolo, C., R. Martin, H. Overman, and J. V. Reenen. 2019. “The Causal Effects of an Industrial Policy.” American Economic Review 109 (1): 48–85. https://doi.org/10.1257/aer.20160034.
  • Deng, C., E. D. Zhang, B. Q. Fan, and Z. Y. Xu. 2019. “Government Subsidies, Ownership Structure and Operating Performance of Small and Medium-Sized Innovative Enterprises —An Empirical Test Based on the Heterogeneity of Enterprises.” China Soft Science 7:184–192.
  • Eckaus, R. S. 2006. “China’s Exports, Subsidies to State-Owned Enterprises and the WTO.” China Economic Review 17 (1): 1–13. https://doi.org/10.1016/j.chieco.2005.04.003.
  • Gong, B. L., and S. Wang. 2021. “The Multi-Channel Impact of Fiscal Expenditure on China’s Agricultural Growth.” Issues in Agricultural Economy 493 (1): 54–68.
  • Grossman, G. M., and E. Helpman. 1991. Innovation and Growth in the Global Economy. Cambridge MA: MIT Press.
  • Gwartney, J., R. Lawson, and R. Holcombe. 1998. The Size and Functions of Government and Economic Growth. Prepared for the Joint Economic Committee.
  • Han, Y. F., X. A. Li, and W. W. Yang. 2022. “Government Subsidies and Total Factor Productivity of Enterprises: Selection and Incentive Effects.” Nankai Economic Studies 224 (2): 120–137.
  • Howell, A. 2017. “Picking ‘Winners’ in China: Do Subsidies Matter for Indigenous Innovation and Firm Productivity?” China Economic Review 44:154–165. https://doi.org/10.1016/j.chieco.2017.04.005.
  • Howell, A., C. He, R. Yang, and C. C. F. Fan. 2016. “Agglomeration, (Un)-Related Variety and New Firm Survival in China: Do Local Subsidies Matter?” Papers in Regional Science 97 (3): 485–500. https://doi.org/10.1111/pirs.12269.
  • Hsieh, C. T., and P. J. Klenow. 2009. “Misallocation and Manufacturing TFP in China and India.” The Quarterly Journal of Economics 124 (4): 1403–1448. https://doi.org/10.1162/qjec.2009.124.4.1403.
  • Huang, X. H., X. Y. Song, and Z. J. Zhu. 2015. “Definition of the Optimal Implementation Space of China’s Industrial Policy: Subsidy Effect, Competition Compatibility, and Surplus Cracking.” China Industrial Economics 325 (4): 57–69.
  • Hu, C. Y., and Y. Z. Yu. 2019. “Government Subsidies and Enterprise Total Factor Productivity: Theoretical Explanation and Empirical Analysis of the U-Shaped Effect.” Public Finance Research 436 (6): 72–85.
  • Jane, D., and K. Cheng. 2018. “China’s Government Finance and Food Security Nexus: A Regime Switching Analysis.” Applied Economics 50 (41): 4470–4487. https://doi.org/10.1080/00036846.2018.1456648.
  • Kleer, R. 2010. “Government R&D Subsidies as a Signal for Private Investors.” Research Policy 39 (10): 1361–1374. https://doi.org/10.1016/j.respol.2010.08.001.
  • Kong, D. M., S. S. Liu, and Y. N. Wang. 2013. “Market Competition, Property Rights, and Government Subsidies.” Economic Research Journal 48 (2): 55–67.
  • Kornai, J. 1986. “The Soft Budget Constraint.” Kyklos 39 (1): 3–30. https://doi.org/10.1111/j.1467-6435.1986.tb01252.x.
  • Liang, Q., Y. N. Xu, X. X. Wang, and S. Q. Jin. 2021. “A Driver or a Placebo? The Role of Financial Support in Farmer Cooperative Development in China.” China Agricultural Economic Review 13 (1): 173–192. https://doi.org/10.1108/CAER-04-2020-0070.
  • Li, X. Y., B. Long, X. X. Li, and S. M. Xiao. 2021. “Government Subsidies, Equity Structure, and Operational Performance of Agricultural Enterprises: An Empirical Study Based on the Dual Fixed Effects Model.” Journal of Agrotechnical Economics (12): 127–144.
  • Liu, Y. F., and L. Chen. 2015. “Diversification, Government Support, and Corporate Performance: An Empirical Study Based on Chinese Agricultural Listed Companies.” Journal of Agrotechnical Economics 238 (2): 118–128.
  • Li, M. N., G. J. Wang, and W. Y. Xi. 2019. “The Economic Effect of Government Subsidies on the Performance of State-Owned Enterprises.” Finance and Accounting Monthly 4:95–102.
  • Li, S. Q., and Y. J. Wu. 2022. “Government Subsidies, Ownership Structure and Operating Performance of State-Owned Enterprises: Evidence from China.” Applied Economics 54 (56): 6480–6496. https://doi.org/10.1080/00036846.2022.2069671.
  • Lu, G. Q., Z. Wang, and C. Y. Zhang. 2014. “Research on the Performance of Government Innovation Subsidies for Strategic Emerging Industries in China.” Economic Research Journal 49 (7): 44–55.
  • Mao, Q. L., and J. Y. Xu. 2015. “The Impact of Government Subsidies on New Product Innovation in Enterprises: From the Perspective of the ‘Moderate Range’ of Subsidy Intensity.” China Industrial Economics (6): 94–107.
  • Ma, J. N., H. Y. Zhai, and J. Dong. 2018. “Empirical Study on the Impact of Financial Technology Subsidies and Their Categories on Enterprise R&D Investment.” Public Finance Research (2): 77–87.
  • Munnell, H. 1996. “Infrastructure Investment and Economic Growth.” Journal of Economic Perspective 6 (4): 189–198. https://doi.org/10.1257/jep.6.4.189.
  • Qu, T., and R. Harris. 2018. “Does Support from Government Help Firms Survive? Evidence on Financial and Political Assistance in China, 1998–2007.” Applied Economics 51 (5): 528–541. https://doi.org/10.1080/00036846.2018.1494816.
  • Rose, A. K. 2007. “The Foreign Service and Foreign Trade: Embassies as Export Promotion.” The World Economy 30 (1): 22–38. https://doi.org/10.1111/j.1467-9701.2007.00870.x.
  • Shao, M., and Q. Bao. 2011. “Analysis of Local Government Subsidies to Enterprises: Supporting the Strong or Protecting the Weak?” World Economic Papers 200 (1): 56–72.
  • Shao, M., and Q. Bao. 2012. “Government Subsidies and Enterprise Productivity: An Empirical Analysis Based on Industrial Enterprises in China.” China Industrial Economics 292 (7): 70–82.
  • Söderblom, A., M. Samuelsson, J. Wiklund, and R. Sandberg. 2015. “Inside the Black Box of Outcome Additionality: Effects of Early-Stage Government Subsidies on Resource Accumulation and New Venture Performance.” Research Policy 44 (8): 1501–1512. https://doi.org/10.1016/j.respol.2015.05.009.
  • Tang, Q. Q., and D. L. Luo. 2007. “Empirical Study on the Motivation and Effect of Government Subsidies: Evidence from Chinese Listed Companies.” Journal of Financial Research (6): 149–163.
  • Wang, Y. B., J. Z. Li, and J. L. Furman. 2017. “Firm Performance and State Innovation Funding: Evidence from China’s Innofund Program.” Research Policy 3 (46): 1142–1161. https://doi.org/10.1016/j.respol.2017.05.001.
  • Xiao, X. Z., and Y. P. Wang. 2014. “Have Government Subsidies for Strategic Emerging Industries Been Used on the ‘Cutting Edge’ - Based on Data from 254 Listed Companies.” Business & Management Journal 36 (4): 19–31.
  • Yang, W., and C. C. Wang. 2019. “The Impact of Government Subsidies on the Development of Strategic Emerging Industries: Taking PV Listed Companies as an Example.” Ecological Economics: The Journal of the International Society for Ecological Economics 35 (7): 76–81.
  • Yan, X. C., and G. T. Huang. 2020. “Government Financial Subsidies, Enterprise Economic and Innovation Performance, and Overcapacity: An Empirical Study Based on Strategic Emerging Industries.” Nankai Economic Studies (1): 176–198.
  • Yu, M. G., Y. F. Hui, and H. B. Pan. 2010. “Political Connections, Rent-Seeking, and the Effectiveness of Local Government Financial Subsidies.” Economic Research Journal 45 (3): 65–77.
  • Yu, Q., and K. Tsui. 2005. “Factor decomposition of sub-provincial fiscal disparities in China.” China Economic Review 16 (4): 403–418. https://doi.org/10.1016/j.chieco.2005.03.003.
  • Zhang, Y. L., M. Z. Wang, and Y. S. Liao. 2022. “Can Settling in an Agricultural Industrial Park Improve Business Performance - Based on Micro Evidence from 59384 Leading Agricultural Industrialization Enterprises in China.” Chinese Rural Economy (4): 126–144.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.