State Capital Budget Expansion and SOEs'Value Enhancement: Evidence from A Profit Extraction Reform in China

Xi Penghui, Pan Jianping, Zhang Xunchang

The Journal of World Economy ›› 2022, Vol. 45 ›› Issue (10) : 107-129.

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PDF(1016 KB)
The Journal of World Economy ›› 2022, Vol. 45 ›› Issue (10) : 107-129.

State Capital Budget Expansion and SOEs'Value Enhancement: Evidence from A Profit Extraction Reform in China

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