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Threshold effects of capital intensity on relationship between legal system and rural economy

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  • Liu, Tao
  • Wu, Han
  • Tu, Yongqian

Abstract

This paper uses data from Chinese listed companies from 2009 to 2022 as the research sample and explores this topic based on a quasi-natural experiment involving the implementation of the Tourism Law. The study finds that the improvement of the legal system can promote high-quality rural economic development; capital intensity plays a threshold role in this relationship; and interregional cooperation serves as a mediating channel between the improvement of the legal system and high-quality rural economic development.

Suggested Citation

  • Liu, Tao & Wu, Han & Tu, Yongqian, 2025. "Threshold effects of capital intensity on relationship between legal system and rural economy," International Review of Economics & Finance, Elsevier, vol. 101(C).
    • Handle: RePEc:eee:reveco:v:101:y:2025:i:c:s1059056025003004
    DOI: 10.1016/j.iref.2025.104137
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    Cited by:

    1. Junrong Ma & Chen Liu & Li Tian, 2025. "Examining the Impact of National Planning on Rural Residents’ Disposable Income in China—The Case of Functional Zoning," Land, MDPI, vol. 14(8), pages 1-19, August.

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