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Resilient reserves: Climate adaptive pilot cities policy and firms’ cash holdings

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  • Luo, Changcai
  • Cai, Dixin
  • Xu, Junbing

Abstract

Climate mitigation and adaptation are indispensable pillars of global climate governance. Although there are growing research on studying the mitigation, it still lacks sufficient empirical evidence regarding the real economic effects of adaptation.

Suggested Citation

  • Luo, Changcai & Cai, Dixin & Xu, Junbing, 2025. "Resilient reserves: Climate adaptive pilot cities policy and firms’ cash holdings," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 510-527.
    • Handle: RePEc:eee:ecanpo:v:86:y:2025:i:c:p:510-527
    DOI: 10.1016/j.eap.2025.03.045
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    1. Zeyu He & Xuecheng Wang & Junqi Zhang & Jiawei Ma, 2025. "Building Resilient Supply Chains: Evidence from Climate-Adaptive City Construction in China," Sustainability, MDPI, vol. 17(21), pages 1-24, October.

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    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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