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Yishuang Liu

Citations

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Articles

  1. Liu, Yishuang & Dong, Hanmin & Wang, Yueyang, 2025. "In the same boat: Climate risk and hidden debt in the supply chain," Journal of International Money and Finance, Elsevier, vol. 153(C).

    Cited by:

    1. Jingmei Ma & Kaixin Deng & Jie Wu, 2026. "Weathering the Climate Storm: Climate Risk and Urban Export Resilience," Growth and Change, Wiley Blackwell, vol. 57(2), June.
    2. Li, Qiang & Zhang, Lin, 2026. "How does local policy attention reshape environmental justice?," Ecological Economics, Elsevier, vol. 241(C).
    3. Sun, Liyan & Huang, Chengya & Yang, Li, 2026. "Can data factor aggregation enhance enterprise resilience?— A quasi-natural experiment employing national big data comprehensive pilot zone," International Review of Economics & Finance, Elsevier, vol. 106(C).
    4. Zambrano-Monserrate, Manuel A. & Soto, Gonzalo Hernandez, 2026. "Geopolitical risk, financial conditions, and green bond issuance: Macro-panel evidence from 61 countries," Research in Economics, Elsevier, vol. 80(2).
    5. Almaghrabi, Khadija S. & Ben-Amar, Walid & Kong, Ziyu, 2025. "Biodiversity risk and firms’ access to trade credit," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 105(C).
    6. Liu, Yishuang & Dong, Hanmin, 2026. "Barrier or driver: Patent thickets in the path of technological transition," Energy Policy, Elsevier, vol. 210(C).
    7. Zhao, Haoxiang & Liu, Jiawei & Bai, Tingting & Peng, Xiangbin & Yuan, Yuan & Shi, Run & Cui, Yuanzheng, 2026. "Urban cooling effects of China’ s low-carbon city policy: Causal evidence from satellite-derived urban heat islands," Energy Policy, Elsevier, vol. 215(C).
    8. Yining Yuan & Siyuan Liu & Yujun Chen & Yanlin Sun & Zhida Jin, 2026. "Ecological certification and regional development benefits: evidence from tourist destination rating system," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-11, December.
    9. Qiuyue Zhang & Yili Lin & Yueying Wang & Yu Cao, 2025. "Band together or go it alone? Climate risk and corporate collaborative innovation," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-20, December.
    10. Xiangyi Lu & Jianzhong Xiao & Jiachao Peng & Shurui Jiang & Lin Wang, 2026. "Energy intensive industry upgrading: the empirical analysis based on global value chain and product space," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-19, December.
    11. Zhao, Xuejin & Yao, Xinbin & Huang, Jiayi, 2025. "Climate risks and financial stability: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    12. Olaboopo, Olakunle & Boamah, Evans O., 2026. "Climate change news risk and advertising spending," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 106(C).
    13. Zhao, Chen & Yu, Jian & Liu, Peng & Shen, Bo, 2026. "Climate policy uncertainty and firm decarbonization challenge: Insights from energy transition and technological innovation," International Review of Financial Analysis, Elsevier, vol. 109(C).

  2. Liu, Yishuang & Liu, Wei & Zhang, Xiaoling & Dong, Hanmin & Zhao, Zhihui & Zhang, Zhan, 2024. "Domestic environmental impacts of OFDI: City-level evidence from China," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 391-409.

    Cited by:

    1. Liu, Yishuang & Huang, Jinpeng & Xu, Jianxiang & Xiong, Shufei, 2024. "Natural resource dependence and sustainable development policy: Insights from city-level analysis," Resources Policy, Elsevier, vol. 91(C).
    2. Khurram, Muhammad Usman & Abbassi, Wajih & Chen, Yifan & Chen, Lifeng, 2024. "Outward foreign investment performance, digital transformation, and ESG performance: Evidence from China," Global Finance Journal, Elsevier, vol. 60(C).
    3. Shao, Yanmin & Li, Junlong & Zhang, Xueli, 2024. "Outward foreign direct investment and green technology innovation: A company and host country perspective," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    4. Sun, Meng & Yang, Jihong, 2025. "Business environment facilitation in RCEP countries and China’s OFDI: a mechanism analysis based on the depth of regional trade agreements," Finance Research Letters, Elsevier, vol. 86(PF).
    5. Cai, Weiyi & Qin, Sijia & Meng, Xiaoqi, 2025. "China's outward foreign direct investment, environmental protection, and green technology progress," International Review of Economics & Finance, Elsevier, vol. 103(C).

  3. Liu, Yishuang & Huang, Jinpeng & Xu, Jianxiang & Xiong, Shufei, 2024. "Natural resource dependence and sustainable development policy: Insights from city-level analysis," Resources Policy, Elsevier, vol. 91(C).

    Cited by:

    1. Ali, Wajid & Rana, Kavita & Dash, Devi Prasad, 2026. "Resource and energy transition with digital governance for global decarbonomics," International Economics, Elsevier, vol. 186(C).
    2. Yuanqiao Yang & Jianlong Wang & Yong Liu, 2025. "Exploring the Role of Digital Economy in Reducing Natural Resource Dependence: An Empirical Study From Resource‐Based Cities in China," Growth and Change, Wiley Blackwell, vol. 56(2), June.
    3. Awijen, Haithem & Ben Jabeur, Sami & Ballouk, Houssein, 2024. "Mineral policy dynamics and their impact on equity market volatility in the global south: A multi-country analysis," Resources Policy, Elsevier, vol. 99(C).
    4. Huailiang Xing & Danish & Selma Buyukkantarci Tolgay, 2025. "Sustainable Development in OECD Countries: Articulating the Role of Natural Resources and Green Technological Innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(5), pages 7513-7525, October.
    5. Magdalena Radulescu & Mihaela Simionescu & Mustafa Tevfik Kartal & Kamel Si Mohammed & Daniel Balsalobre-Lorente, 2025. "The Impact of Human Capital, Natural Resources, and Renewable Energy on Achieving Sustainable Cities and Communities in European Union Countries," Sustainability, MDPI, vol. 17(5), pages 1-22, March.

  4. Xiujie Tan & Si Cheng & Yishuang Liu, 2024. "Green digital finance and technology diffusion," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.

    Cited by:

    1. Tian Yingying & Gooi Leong Mow & Kim Mee Chong, 2025. "Harnessing AI and technological innovation for financial development: the mediating effect of government effectiveness in G20 economies," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-12, December.
    2. Ke, Deng-Yao & Hsueh, Cheng (Eugune), 2025. "Data monopoly, financial support, and the diffusion of green technology: The dual effects of platform enterprises' technological openness strategies," Finance Research Letters, Elsevier, vol. 85(PC).
    3. Yang, Bo & Cui, Ya, 2025. "Can the energy consumption rights trading system enhance energy resilience?–A synergistic perspective of green finance and financial technology," Energy, Elsevier, vol. 322(C).
    4. Sun, Liyan & Huang, Chengya & Yang, Li, 2026. "Can data factor aggregation enhance enterprise resilience?— A quasi-natural experiment employing national big data comprehensive pilot zone," International Review of Economics & Finance, Elsevier, vol. 106(C).
    5. Xiang Chen & Ting An & Yanan Liu & Jiaqi Hao, 2025. "Exploring the role of science and technology finance in carbon emissions reduction: evidence from China," Climatic Change, Springer, vol. 178(8), pages 1-25, August.
    6. Shi, Yarong & Yang, Bo, 2025. "China's energy system building toward an era of resilience: How green fintech can empower?," International Review of Economics & Finance, Elsevier, vol. 98(C).
    7. Li Cheng & Yufei Zhang & Yang Xiang & Weiting Wang, 2026. "Research on the impact of rural digitization on the synergistic development of rural environment and economic systems: evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 28(4), pages 10487-10524, April.
    8. He, Muyao & Wang, Qun, 2026. "The integration of digital cultural dissemination and green finance: A perspective on low-carbon transition along the "Belt and Road"," Finance Research Letters, Elsevier, vol. 102(C).
    9. Liu, Yishuang & Dong, Hanmin, 2026. "Barrier or driver: Patent thickets in the path of technological transition," Energy Policy, Elsevier, vol. 210(C).
    10. Jinyue Zhang & Zhenglin Sun, 2025. "Can digital-empowered green finance enhance energy efficiency? Empirical evidence from China," Economic Change and Restructuring, Springer, vol. 58(4), pages 1-67, August.
    11. Tang, Ling & Yu, Hui & Huang, Yan & Ruan, Jianhui & Qin, Ziyu & Wang, Shouyang, 2026. "The synergistic impacts of green finance and the digital economy on urban low-carbon transition: Insights from 293 Chinese cities," Energy Policy, Elsevier, vol. 208(C).
    12. Hu, Shengming & Cao, Lanlan & Shi, Yanli & Wang, Hui, 2025. "Green manufacturing pioneers: Unveiling the carbon dioxide reduction effect of China's green factories," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1645-1662.
    13. Li, Qi & Lei, Hanyun & Yu, Minggui, 2025. "Green finance, green innovation and carbon intensity," International Review of Financial Analysis, Elsevier, vol. 106(C).
    14. Cheng, Xiaoqiang & Guo, Wenjuan & Teng, Yue & Yao, Dingjun & Zhou, Hua, 2025. "Impact of fintech on carbon emissions in China: Evidence from the perspectives of green finance and financial efficiency," Finance Research Letters, Elsevier, vol. 86(PB).
    15. Gang Li & Yan Cheng & Yanan Chen & Quan Zhang, 2024. "Can the Synergy of Digitalization and Greening Boost Manufacturing Industry Chain Resilience? Evidence from China’s Provincial Panel Data," Sustainability, MDPI, vol. 16(22), pages 1-24, November.
    16. Li, Bin & Shi, Hanxuan & Zhang, Zhengping, 2026. "Exploring core enterprises’ green development diffusion mechanisms," International Review of Economics & Finance, Elsevier, vol. 109(C).

  5. Yishuang Liu & Jinpeng Huang & Hanmin Dong, 2023. "Achieving Employment Dividend In The Post-Covid-19 Era: An Exploration From China’S Carbon Market," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 1-22, February.

    Cited by:

    1. Shaolong Zeng & Qinyi Fu & Fazli Haleem & Yang Shen & Weibin Peng & Man Ji & Yilong Gong & Yilong Xu, 2024. "China’s carbon trading pilot policy, economic stability, and high-quality economic development," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.

  6. Chen, Guo & Liu, Yishuang & Gao, Qizheng & Zhang, Jianqing, 2023. "Does regional services development enhance manufacturing firm productivity? A manufacturing servitization perspective," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 451-466.

    Cited by:

    1. Ewa Cieślik, 2024. "From traditional to digital servicification: Chinese services in European manufacturing," Networks and Spatial Economics, Springer, vol. 24(4), pages 927-965, December.
    2. Chen, Fenglan & Chen, Xing, 2025. "Mitigating pollution emissions of manufacturing firms: Does input servitization matter? Empirical evidence from China," Energy, Elsevier, vol. 320(C).
    3. Xie, Xiaoyu & Guo, Kaige, 2024. "How does productive service agglomeration promote manufacturing servitisation from an innovation perspective?," International Review of Financial Analysis, Elsevier, vol. 92(C).
    4. Song, Yanwu & Niu, Niu & Song, Xinyi & Zhang, Bin, 2024. "Decoding the influence of servitization on green transformation in manufacturing firms: The moderating effect of artificial intelligence," Energy Economics, Elsevier, vol. 139(C).
    5. Xiong, Mengxu & Lu, Jiajia & Kong, Dongmin, 2024. "Bilateral conflicts and corporate investment," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    6. Zhang, Junnan & Sun, Xiaohua & Yuan, Fang & Liu, Xiaoling, 2023. "Which type of servitization promotes firm performance: Embedded or hybrid?," Economic Modelling, Elsevier, vol. 126(C).
    7. Xia, Chunlong & He, Yujuan & Heng, Yuanyuan & Kang, Kabwon & Shenchen, Huiya & Hao, Yuesui & Meng, Zhaojun, 2025. "Pension system reform, financial security, and the well-being of the elderly population: An analysis based on CSS data," International Review of Economics & Finance, Elsevier, vol. 101(C).
    8. Chen, Fenglan & Wang, Shanshan, 2025. "How to reshape the international competitive advantage of Chinese manufacturing enterprises: A perspective of input servitization," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1197-1215.
    9. Wei Wei & Qiyuan Li & Qianqiu Jin & Chunyan Huang, 2025. "Unleashing the Impact of Outward Foreign Direct Investment on the High-Quality Development of High-Tech Manufacturing Industry: Evidence from China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(3), pages 13080-13097, September.

  7. Hanmin Dong & Xiujie Tan & Si Cheng & Yishuang Liu, 2023. "COVID-19, recovery policies and the resilience of EU ETS," Economic Change and Restructuring, Springer, vol. 56(5), pages 2965-2991, October.

    Cited by:

    1. I-Chun Tsai, 2025. "Has the outbreak of COVID-19 changed the carbon market?," Economic Change and Restructuring, Springer, vol. 58(1), pages 1-38, February.

  8. Tan, Xiujie & Xiao, Ziwei & Liu, Yishuang & Taghizadeh-Hesary, Farhad & Wang, Banban & Dong, Hanmin, 2022. "The effect of green credit policy on energy efficiency: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 183(C).

    Cited by:

    1. Pan, Ting & Lin, Boqiang, 2025. "Impact of green credit policy on energy efficiency: Empirical evidence from heavily polluting enterprises," Technological Forecasting and Social Change, Elsevier, vol. 212(C).
    2. Bai, Yaxin & Wang, Zehao & Sun, Xiaowei, 2025. "Green credit policy and its friction: Evidence from corporate asset structure adjustments," Research in International Business and Finance, Elsevier, vol. 77(PB).
    3. Wu, Weiwei & Zhang, Yifan, 2025. "Artificial intelligence innovation and environmental performance: Unraveling the complex roles of application and method innovation across enterprise sizes," Technological Forecasting and Social Change, Elsevier, vol. 218(C).
    4. Huang, Limei, 2026. "How does green credit interest subsidy enhance corporate financing efficiency through green consumption?," Finance Research Letters, Elsevier, vol. 101(C).
    5. Zhai, Minhan & Wu, Wenqing & Tsai, Sang-Bing, 2025. "The effects of Artificial intelligence orientation on inefficient investment: Firm-level evidence from China's energy enterprises," Energy Economics, Elsevier, vol. 141(C).
    6. Zhu, Chenliang & Qi, Jiajun & Feng, Lingbing & Wang, Xinyi, 2025. "Source control or end-of-pipe treatment: How green finance policy impacts enterprise carbon intensity," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    7. Huang, Zilong & Ren, Xiaocong, 2024. "Impact of natural resources, resilient economic growth, and energy consumption on CO2 emissions," Resources Policy, Elsevier, vol. 90(C).
    8. Chu, Shaner & Chen, Limei & Liu, Ye, 2024. "Does industrial agglomeration curb corporate carbon emissions? A perspective of financial constraints," International Review of Economics & Finance, Elsevier, vol. 96(PB).
    9. Xue, Yan & Hu, Dongmei & Irfan, Muhammad & Wu, Haitao & Hao, Yu, 2023. "Natural resources policy making through finance? The role of green finance on energy resources poverty," Resources Policy, Elsevier, vol. 85(PA).
    10. Zhang, Can & Wei, Wei & Du, Chaofei & Abedin, Mohammad Zoynul & Lucey, Brian, 2025. "Asymmetric impacts of sustainable credit on industrial low-carbon development: Evidence from China," Research in International Business and Finance, Elsevier, vol. 80(C).
    11. Zhang, Jie & Wei, Huiru & Yuan, Kuiran & Yang, Xiaodong, 2024. "New industrial policy and corporate digital transformation: Empowering or impairing? Emerging evidence from green credit policy," Energy Economics, Elsevier, vol. 140(C).
    12. Zheng, Jinhui & Niu, Hao & Lo, Kevin & Guo, Meiyu, 2026. "Breaking the resource curse: The impact of green finance on the energy transition of resource-based cities," Energy Policy, Elsevier, vol. 214(C).
    13. Wang, Liuhong & Ba, Zhichao & Wang, Yuefen, 2025. "How does adoption behavior towards ICT policies affect digital divides? Evidence from Chinese prefecture-level cities," Technology in Society, Elsevier, vol. 81(C).
    14. Wang, Xiaoyin & Gao, Cuiyun, 2024. "Does green finance policy help to improve carbon reduction welfare performance? Evidence from China," Energy Economics, Elsevier, vol. 132(C).
    15. Lin, Boqiang & Pan, Ting, 2024. "The impact of green credit on green transformation of heavily polluting enterprises: Reverse forcing or forward pushing?," Energy Policy, Elsevier, vol. 184(C).
    16. Pang, Qinghua & Zheng, Hongbin & Zhang, Lina & Chiu, Yung-ho, 2025. "How does the regional digital innovation ecosystem lead to high energy efficiency? An exploratory study based on fsQCA," Renewable Energy, Elsevier, vol. 253(C).
    17. Lin, Boqiang & Yang, Yuxin, 2026. "The merger of national and local tax authorities and renewable energy capital flows," Renewable Energy, Elsevier, vol. 269(C).
    18. Yuxi Chen & Mengting Zhang & Chencheng Wang & Xin Lin & Zhijie Zhang, 2023. "High-Tech Industrial Agglomeration, Government Intervention and Regional Energy Efficiency: Based on the Perspective of the Spatial Spillover Effect and Panel Threshold Effect," Sustainability, MDPI, vol. 15(7), pages 1-29, April.
    19. Chang, Kaiwen & Luo, Dan & Xing, Kai & Mi, Biao, 2025. "The effectiveness of the green bond instrument on stimulating firms' green innovation performance: A comparative study based on Chinese market," Pacific-Basin Finance Journal, Elsevier, vol. 91(C).
    20. Wan, Jiayu & Tao, Jiayi & Wang, Meiling, 2026. "Green credit and carbon emission reductions: Evidence from supply chain networks," International Review of Economics & Finance, Elsevier, vol. 108(C).
    21. Wang, Chao & Li, Mengyu & Liu, Xiaoxing, 2024. "Does credit carbon exposure affect banks' profits and risks? Evidence from China," Applied Energy, Elsevier, vol. 370(C).
    22. Lee, Chien-Chiang & Chang, Yu-Fang & Wang, En-Ze, 2022. "Crossing the rivers by feeling the stones: The effect of China's green credit policy on manufacturing firms' carbon emission intensity," Energy Economics, Elsevier, vol. 116(C).
    23. Yi, Jiahui & Xia, Zhexi & Cheng, Penghong & Dai, Sheng, 2026. "Cleaner but less efficient? Green finance, resource misallocation, and supply chain spillovers in China," Energy Economics, Elsevier, vol. 158(C).
    24. Bai, Chengyu, 2024. "Financial development for sustainable resource efficiency: Fostering green growth in natural resource markets," Resources Policy, Elsevier, vol. 89(C).
    25. Nepal, Rabindra & Zhao, Xiaomeng & Liu, Yang & Dong, Kangyin, 2024. "Can green finance strengthen energy resilience? The case of China," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    26. An, Xin & Ding, Yue & Wang, Yao, 2023. "Green credit and bank risk: Does corporate social responsibility matter?," Finance Research Letters, Elsevier, vol. 58(PA).
    27. Zhang, Shengcheng & Zhang, Chonghui & Fang, Xia & Zhang, Dongcai & Baležentis, Tomas, 2026. "How can green credit reduce environmental costs? Analysis based on an extended economic growth model with environmental constraints," Structural Change and Economic Dynamics, Elsevier, vol. 78(C), pages 326-342.
    28. Liu, Qing & Wei, Yi, 2025. "The role of renewable energy transitions in promoting sustainable rural tourism and cultural heritage preservation: Health, economic, and environmental impacts," Energy, Elsevier, vol. 332(C).
    29. Zheng, Xiangjie, 2024. "Driving green transformation: Innovations and green innovations in natural resource markets," Resources Policy, Elsevier, vol. 89(C).
    30. Ma, Lina & Iqbal, Najaf & Bouri, Elie & Zhang, Yang, 2023. "How good is green finance for green innovation? Evidence from the Chinese high-carbon sector," Resources Policy, Elsevier, vol. 85(PB).
    31. Li, Chen & Liu, Zhao & Song, Rong & Zhang, Yue-Jun, 2024. "The impact of green credit guidelines on environmental performance: Firm-level evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 205(C).
    32. Pan, Yuling & Dong, Feng, 2023. "The impacts of energy finance policies and renewable energy subsidy on energy vulnerability under carbon peaking scenarios," Energy, Elsevier, vol. 273(C).
    33. Du, Yu & Li, Zhiwei & He, Yan, 2025. "Can the level of green consumption restrain listed companies’ “greenwashing” behavior? An analysis of the moderating effect of green credit," Finance Research Letters, Elsevier, vol. 86(PE).
    34. Ye Tian, 2026. "Green innovation through government-bank-enterprise collaboration: perspective of evolutionary game with randomly disturbance," Operational Research, Springer, vol. 26(1), pages 1-33, January.

  9. Tan, Xiujie & Liu, Yishuang & Dong, Hanmin & Zhang, Zhan, 2022. "The effect of carbon emission trading scheme on energy efficiency: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 506-517.

    Cited by:

    1. Xia, Bing & Ma, Qi & Pan, Yong Jun, 2025. "Design of sustainable performance targets: Mitigating greenwashing in sustainability-linked loans," Energy Economics, Elsevier, vol. 150(C).
    2. Che, Shuai & Wang, Jun, 2022. "Policy effectiveness of market-oriented energy reform: Experience from China energy-consumption permit trading scheme," Energy, Elsevier, vol. 261(PB).
    3. Peilun Li & Huilin Zhang & Caiting Yang & Jiafeng Zhang, 2025. "Does the carbon emissions trading scheme improve the corporate environmental information disclosure level? Evidence from China," Energy & Environment, , vol. 36(3), pages 1409-1442, May.
    4. Jiang, Hongli & Hu, Wenjie & Guo, Ziqing & Hou, Yan & Chen, Tingqiang, 2024. "E-commerce development and carbon emission efficiency: Evidence from 240 cities in China," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 586-603.
    5. Eryu Zhang & Xiaoyu He & Peng Xiao, 2022. "Does Smart City Construction Decrease Urban Carbon Emission Intensity? Evidence from a Difference-in-Difference Estimation in China," Sustainability, MDPI, vol. 14(23), pages 1-16, December.
    6. Yan, Xiang & Xin, Boqing & Cheng, Changgao & Han, Zhiyong, 2024. "Unpacking energy consumption in China's urbanization: Industry development, population growth, and spatial expansion," Research in International Business and Finance, Elsevier, vol. 70(PA).
    7. Wang, Xu & Liu, Yingjie & Li, Wei & He, Lingyun & Chi, Cheng & Zhong, Yanni, 2025. "Market-based emissions regulation and capacity governance in China’s high-carbon firms: Theoretical investigation and empirical evidence," Economic Analysis and Policy, Elsevier, vol. 87(C), pages 1-17.
    8. Liu, Guanchun & Zhang, Gaorong & Song, Malin & Fu, Shun, 2025. "Carbon emissions trading and corporate energy efficiency: Evidence from a quasi-natural experiment in China," Technological Forecasting and Social Change, Elsevier, vol. 212(C).
    9. Xuejiao Sun & Zhuoning Li & Chengxin Guo, 2026. "Low-carbon transition effects of the digital economy in Chinese cities—the perspectives of green technology innovation and energy efficiency," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-18, December.
    10. Xiaoye Jin, 2026. "Extreme Risk Connectedness and its Determinants Between Carbon, Green Finance and Energy Markets," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 33(3), pages 1135-1168, September.
    11. Sheng, Pengfei & Liu, Weiliang, 2024. "Does the government's green commitment matter for energy conservation in China? The role of public spending," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 1061-1073.
    12. Wu, He & Feng, Ziyang & Sun, Tianjun & Li, Rongrong & Zhao, Haoyuan, 2024. "Efficiency, sustainability, and resilience a trifecta for a green economic recovery through natural resource markets," Resources Policy, Elsevier, vol. 88(C).
    13. Chen, Fujiang & She, Wuyue & Zeng, Feng & Gao, Meiben & Wen, Chao & Liu, Guoxin & Wu, Lixun & Wu, Yang & Zhang, Chi, 2024. "Resource depletion and conservation: Balancing demands on resources for green recovery and sustainability," Resources Policy, Elsevier, vol. 89(C).
    14. Qingxi Wang & Yueji Xin & An hu & Yanan Du, 2025. "Stimulating energy efficiency by low-carbon transformation: Evidence from low-carbon city pilot in China," Energy & Environment, , vol. 36(7), pages 3463-3480, November.
    15. Xin-gang, Zhao & Shuran, Hu & Hui, Wang & Haowei, Chen & Wenbin, Zhang & Wenjie, Lu, 2024. "Energy, economic, and environmental impacts of electricity market-oriented reform and the carbon emissions trading: A recursive dynamic CGE model in China," Energy, Elsevier, vol. 298(C).
    16. Yang, Pan & Zhao, Yanfang & Yang, Lin & Sheehan, Maura & Xia, Juanjuan, 2026. "Information-driven carbon emissions trading and firm green investment," Research in International Business and Finance, Elsevier, vol. 89(C).
    17. Chen, Zhihao & He, Yong & Liao, Nuo, 2024. "Can carbon emission trading policy enhance the synergistic emission reduction of carbon dioxide and air pollutants? A comparative study considering different pollutants," Energy, Elsevier, vol. 305(C).
    18. Shi, Wei & Zhang, Yue-Jun & Liu, Jing-Yue, 2024. "Investigating the role of emissions trading system in reducing enterprise energy intensity: Evidence from China," Energy Economics, Elsevier, vol. 140(C).
    19. Yan, Xiaolei & He, Taiyi, 2024. "Wish fulfilment or wishful thinking? – Assessing the outcomes of China's pilot carbon emissions trading scheme on green economy efficiency in China's cities," Energy Policy, Elsevier, vol. 192(C).
    20. Yuxi Chen & Mengting Zhang & Chencheng Wang & Xin Lin & Zhijie Zhang, 2023. "High-Tech Industrial Agglomeration, Government Intervention and Regional Energy Efficiency: Based on the Perspective of the Spatial Spillover Effect and Panel Threshold Effect," Sustainability, MDPI, vol. 15(7), pages 1-29, April.
    21. Gao, Yuxin & Gao, Ming, 2024. "Did China's energy consumption permit trading scheme improve green economic efficiency? Prefecture-level evidence from China," Energy, Elsevier, vol. 308(C).
    22. Hao Su & Shuo Yang, 2022. "Spatio-Temporal Urban Land Green Use Efficiency under Carbon Emission Constraints in the Yellow River Basin, China," IJERPH, MDPI, vol. 19(19), pages 1-28, October.
    23. Zeyu Xie & Mian Yang & Fei Xu, 2023. "Carbon emission trading system and stock price crash risk of heavily polluting listed companies in China: based on analyst coverage mechanism," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-30, December.
    24. Xiangnan Zhai & Xue Yang & Darko B. Vukovic & Daria A. Dinets & Qiang Liu, 2025. "Carbon Emissions Trading Policy and Regional Energy Efficiency: A Quasi-Natural Experiment from China," Energies, MDPI, vol. 18(5), pages 1-20, February.
    25. Yue Tang & Shixiang Li & Feng Wu, 2025. "How Does Carbon Emissions Trading Impact Energy Transition? A Perspective Based on Local Government Behavior," Sustainability, MDPI, vol. 17(12), pages 1-20, June.
    26. Pan, Yuling & Dong, Feng, 2023. "The impacts of energy finance policies and renewable energy subsidy on energy vulnerability under carbon peaking scenarios," Energy, Elsevier, vol. 273(C).
    27. Ying Li & Changgeng Zhu, 2023. "The Impact of Carbon Emissions Trading on the High Quality Development of Manufacturing Industry - The Evidence from China," Climate Economics and Finance, Anser Press, vol. 1(1), pages 29-44, November.
    28. Huang, Wenyang & Wang, Yizhi, 2024. "Identifying price bubbles in global carbon markets: Evidence from the SADF test, GSADF test and LPPLS method," Energy Economics, Elsevier, vol. 134(C).
    29. Shaolong Zeng & Qinyi Fu & Fazli Haleem & Yang Shen & Weibin Peng & Man Ji & Yilong Gong & Yilong Xu, 2024. "China’s carbon trading pilot policy, economic stability, and high-quality economic development," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    30. Yang, Zhenbing & Zhao, Ziyi & Shao, Shuai & Yang, Lili, 2023. "Carbon regulation and enterprise investment: Evidence from China," Energy Economics, Elsevier, vol. 128(C).
    31. Daoping Chen & Haifeng Liao & Hong Tan, 2024. "Can carbon trading policy boost upgrading and optimization of industrial structure? An empirical study based on data from China," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-16, December.
    32. Wang, Haijun & Li, Lingchunzi & Sun, Jiaxuan & Shen, Minghao, 2023. "Carbon emissions abatement with duopoly generators and eco-conscious consumers: Carbon tax vs carbon allowance," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 786-804.
    33. Rui Zhou & Jiajun Lou & Bing He, 2025. "Greening Corporate Environmental, Social, and Governance Performance: The Impact of China’s Carbon Emissions Trading Pilot Policy on Listed Companies," Sustainability, MDPI, vol. 17(3), pages 1-21, January.
    34. Yan Xiao & Yan Zhang & Jiekuan Zhang, 2023. "The Impact of Carbon Emission Trading on Industrial Green Total Factor Productivity," Sustainability, MDPI, vol. 15(7), pages 1-18, April.

  10. Tan, Xiujie & Dong, Hanmin & Liu, Yishuang & Su, Xin & Li, Zixian, 2022. "Green bonds and corporate performance: A potential way to achieve green recovery," Renewable Energy, Elsevier, vol. 200(C), pages 59-68.

    Cited by:

    1. Ying Liu & Hongyun Huang & William Mbanyele & Fengrong Wang & Huiling Liu, 2024. "Does the issuance of green bonds nudge environmental responsibility engagements? Evidence from the Chinese green bond market," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-42, December.
    2. Wang, Chao & Jia, Chenfang & Liu, Xiaoxing, 2025. "Carbon-related credit concentration and banking systemic risk due to climate transition shocks," International Review of Financial Analysis, Elsevier, vol. 105(C).
    3. Yongrok Choi & Hyoungsuk Lee, 2023. "Current Advances in Green Governance and CO 2 Emissions towards Sustainable Development," Sustainability, MDPI, vol. 15(15), pages 1-8, August.
    4. Wang, Jin & Ye, Bin & He, Zhaoxuan & Pu, Hongjiang & Su, Bin & Lu, Yaqi, 2026. "Does green finance ensure energy security while achieving low-carbon transformation of listed electricity firms? Evidence from China," Energy Economics, Elsevier, vol. 153(C).
    5. Zhang, Qianxiang & Lin, Boqiang, 2024. "The effect of energy efficiency retrofits on radical innovation: From the perspective of supply chain," Energy, Elsevier, vol. 311(C).
    6. Wang, Chao & Hu, Mengyuan & Lu, Jiayi & Liu, Xiaoxing, 2025. "Carbon exposure of credit assets and banking systemic risk caused by climate transition," Research in International Business and Finance, Elsevier, vol. 77(PB).
    7. Ma, Luyao & Lv, Xin & Shen, Zhiyang & Yu, Chang & Zhang, Qingyi, 2026. "How green bonds influence corporate environmental behaviour: A heterogeneous analysis," Research in International Business and Finance, Elsevier, vol. 83(C).
    8. Zhao, Xing & Guo, Yifan & Feng, Tianchu, 2023. "Towards green recovery: Natural resources utilization efficiency under the impact of environmental information disclosure," Resources Policy, Elsevier, vol. 83(C).
    9. Laurence L. Delina & Madeleine Rachel Widia & Olivia Felice Janice Boedijanto & Sharon Feliza Ann P. Macagba & Johanne Rei R. Castro & Rainbow Yi Hung Lam, 2026. "Sequencing Finance for Climate Resilience: Instruments, Institutions and Hong Kong's Role in Mobilising Private Capital in Southeast Asia," Business Strategy and the Environment, Wiley Blackwell, vol. 35(4), pages 6089-6110, May.
    10. He, Ling & Dai, Peng-Fei & Hu, Shiyang & Gan, Shengdao, 2024. "Do green bond issuers walk the talk? Exploring the alignment between green bond issuance and subsequent green investment," International Review of Economics & Finance, Elsevier, vol. 94(C).
    11. Khanchel, Imen & Lassoued, Naima & Khiari, Cyrine & Khan, Sana-Akbar, 2025. "Carbon efficiency and green bonds: The institutional investors’ green touch," Research in International Business and Finance, Elsevier, vol. 77(PB).
    12. Lars Reitsema & Bert Scholtens, 2025. "The role of corporate green bonds in managing greenhouse gas emissions," Climatic Change, Springer, vol. 178(8), pages 1-20, August.
    13. Pham, Linh & Pham, Son & Do, Hung & Bissoondoyal-Bheenick, Emawtee & Brooks, Robert, 2025. "Common volatility in clean energy stocks," Energy Economics, Elsevier, vol. 148(C).
    14. Pengfei Ge & Chuxiong Tang & Yuhui Chen & Yichao Liu & Rui Zhu, 2025. "Green Bonds: Greenwashing or Genuinely Green? A Study Based on Stock Mispricing," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(6), pages 3396-3413, September.
    15. Tabak, Benjamin Miranda & e Silva, Igor Bettanin Dalla Riva & Quintino, Derick David & Silva, Thiago Christiano, 2025. "Fuel prices connectedness across Brazilian capitals: The case of ethanol and gasoline," Renewable and Sustainable Energy Reviews, Elsevier, vol. 210(C).
    16. Yanqiu Wu & Yuanjie Pu & Chih-Hung Pai, 2023. "Ways to promote intra-regional trade and investment in Central Asia to boost the green recovery," Economic Change and Restructuring, Springer, vol. 56(4), pages 2511-2527, August.
    17. He Li & Nurhafiza Abdul Kader Malim & Xiaojun Xie & Xuyang Du, 2025. "Interaction Effects of Green Finance and Digital Platforms on China’s Economic Growth," Sustainability, MDPI, vol. 17(18), pages 1-16, September.
    18. Wu, He & Feng, Ziyang & Sun, Tianjun & Li, Rongrong & Zhao, Haoyuan, 2024. "Efficiency, sustainability, and resilience a trifecta for a green economic recovery through natural resource markets," Resources Policy, Elsevier, vol. 88(C).
    19. Lee, Chien-Chiang & Chen, Pei-Fen & Chu, Pin-Jie, 2023. "Green recovery through financial inclusion of mobile payment: A study of low- and middle-income Asian countries," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 729-747.
    20. Bai, Rui & Lin, Boqiang, 2023. "Nexus between green finance development and green technological innovation: A potential way to achieve the renewable energy transition," Renewable Energy, Elsevier, vol. 218(C).
    21. Tan, Xiujie & Liu, Gufeng & Cheng, Si, 2024. "How does ESG performance affect green transformation of resource-based enterprises: Evidence from Chinese listed enterprises," Resources Policy, Elsevier, vol. 89(C).
    22. Shimauchi, Takuto & Fukui, Masaki & Yamamoto, Daiki & Taura, Yuto & Kameda, Keigo, 2025. "Sustainability bond, sustainability-linked bond, and firms' environmental performance," International Review of Financial Analysis, Elsevier, vol. 102(C).
    23. Zhang, Hua & Guo, Zheng, 2026. "Green money talks: Does green bond issuance promote corporate green governance?," Research in International Business and Finance, Elsevier, vol. 82(C).
    24. Werner Kristjanpoller & Benjamin Miranda Tabak, 2025. "Comparison of the asymmetric multifractal behavior of green and U.S. bonds against benchmark financial assets," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 11(1), pages 1-28, December.
    25. Xu, Ziyao & Zhou, Deheng & Ma, Junfeng & Yuan, Jing, 2025. "The time-varying relationship between climate uncertainty, low-carbon stocks and green bonds," The North American Journal of Economics and Finance, Elsevier, vol. 77(C).
    26. Liu, Yishuang & Dong, Hanmin & Wang, Yueyang, 2025. "In the same boat: Climate risk and hidden debt in the supply chain," Journal of International Money and Finance, Elsevier, vol. 153(C).
    27. Liu, Yishuang & Dong, Hanmin, 2026. "Barrier or driver: Patent thickets in the path of technological transition," Energy Policy, Elsevier, vol. 210(C).
    28. Darren Shannon & Jin Gong & Barry Sheehan, 2025. "Information Leakages in the Green Bond Market," Papers 2504.03311, arXiv.org.
    29. Ngoepe, Letlhogonolo Kearabilwe & Bonga-Bonga, Lumengo, 2024. "The connectedness of financial risk and green financial instruments: a dynamic and frequency analysis," MPRA Paper 121091, University Library of Munich, Germany.
    30. Cen, Tao, 2023. "Green finance reform and stock price crash risk: Evidence from Chinese heavily polluting companies," Finance Research Letters, Elsevier, vol. 56(C).
    31. Wang, Han & Zhang, Dongming, 2023. "Examining the interplay between fossil fuel mining, sustainable growth, and economic prosperity," Resources Policy, Elsevier, vol. 87(PA).
    32. Hongjian Yu & Yao Zhao & Guitao Qiao & Mahmood Ahmad, 2023. "Can Green Financial Reform Policies Promote Enterprise Development? Empirical Evidence from China," Sustainability, MDPI, vol. 15(3), pages 1-21, February.
    33. Yang, Jinghang & Xing, Yuanyuan & Han, Yuanyuan, 2023. "Utilization of E-commerce for fossil fuels allocation and green recovery," Resources Policy, Elsevier, vol. 85(PB).
    34. Qi, Ruijuan & Liu, Chang & Zhang, Qiwen, 2024. "Evidence mechanism for promoting natural resources and green recovery through green economy: Sustainable assistance in finance," Resources Policy, Elsevier, vol. 91(C).
    35. Liu, Sufang & Li, Shengquan, 2024. "Corporate green bond issuance and high-quality corporate development," Finance Research Letters, Elsevier, vol. 61(C).
    36. Deng, Yang & Zhang, Zhaoqin, 2025. "The spillover effects of green bond issuance in peer firms’ financial performance," Research in International Business and Finance, Elsevier, vol. 77(PA).
    37. Pham, Son D. & Nguyen, Thao T.T. & Do, Hung X., 2024. "Impact of climate policy uncertainty on return spillover among green assets and portfolio implications," Energy Economics, Elsevier, vol. 134(C).
    38. Yuecheng Xu & Yunfei Cai, 2024. "RETRACTED ARTICLE: Is green finance a motivator for energy transformation investments in the OECD?," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-15, June.
    39. Lu Kang & Jie Lv & Haoyang Zhang, 2024. "Can the Water Resource Fee-to-Tax Reform Promote the “Three-Wheel Drive” of Corporate Green Energy-Saving Innovations? Quasi-Natural Experimental Evidence from China," Energies, MDPI, vol. 17(12), pages 1-38, June.
    40. Xu, Bin & Lin, Boqiang, 2024. "Green finance, green technology innovation, and wind power development in China: Evidence from spatial quantile model," Energy Economics, Elsevier, vol. 132(C).
    41. Fan, Lin & Peng, Binbin & Lin, Zhongguo & Zou, Hongyang & Du, Huibin, 2024. "The effects of green finance on pollution and carbon reduction: Evidence from China’s industrial firms," International Review of Economics & Finance, Elsevier, vol. 95(C).
    42. Pan, Yuling & Dong, Feng, 2023. "The impacts of energy finance policies and renewable energy subsidy on energy vulnerability under carbon peaking scenarios," Energy, Elsevier, vol. 273(C).
    43. Wang, Kai-Hua & Wen, Cui-Ping & Liu, Hong-Wen & Liu, Lu, 2023. "Promotion or hindrance? Exploring the bidirectional causality between geopolitical risk and green bonds from an energy perspective," Resources Policy, Elsevier, vol. 85(PB).
    44. Shi Wang, 2025. "Green Credit, Digital Economy and Enterprise Pollution Reduction," Sustainability, MDPI, vol. 17(9), pages 1-24, April.
    45. Huacheng Rao & Dongxu Chen & Feichao Shen & Yangyang Shen, 2022. "Can Green Bonds Stimulate Green Innovation in Enterprises? Evidence from China," Sustainability, MDPI, vol. 14(23), pages 1-19, November.
    46. Zhaohui Zhu & Gang Liu, 2024. "RETRACTED ARTICLE: Fostering Enterprise Green Innovation: an Empirical Analysis of China’s Energy Use Rights Trading System," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11581-11603, September.
    47. Rajendran, Rajitha & Krishnaswamy, Jayaraman & Subramaniam, Nava, 2023. "Dynamics of macro-economic factors for energy transition and its reviews - A conceptual framework for G7 countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 187(C).
    48. Piao, Xiaorui & Mei, Bin, 2025. "On the corporate performance of issuers of various green assets," Finance Research Letters, Elsevier, vol. 78(C).

  11. Chen, Jiyong & Liu, Yishuang & Liu, Wei, 2020. "Investment facilitation and China's outward foreign direct investment along the belt and road," China Economic Review, Elsevier, vol. 61(C).

    Cited by:

    1. Liu, Yishuang & Liu, Wei & Zhang, Xiaoling & Dong, Hanmin & Zhao, Zhihui & Zhang, Zhan, 2024. "Domestic environmental impacts of OFDI: City-level evidence from China," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 391-409.
    2. Liu, Wei & Zhao, Zhihui & Wen, Zhao & Cheng, Shixiong, 2022. "Environmental regulation and OFDI: Evidence from Chinese listed firms," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 191-208.
    3. Weiwei Xiao & Qihang Xue & Xing Yi, 2023. "Does the Belt and Road Initiative promote international innovation cooperation?," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    4. Yu, Feng & Li, Ning & Zhuang, Castiel Chen & Chen, Jingwei, 2024. "Can rising urban house prices actually limit the outward FDI by firms in a home country? A story from China," Journal of International Money and Finance, Elsevier, vol. 147(C).
    5. Muhammad Salman, 2026. "Green productivity and energy transition under china’s belt and road policy: a geopolitical perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 28(4), pages 10559-10590, April.
    6. Shengbing He & Huilin Yao & Zhou Ji, 2021. "Direct and Indirect Effects of Business Environment on BRI Countries’ Global Value Chain Upgrading," IJERPH, MDPI, vol. 18(23), pages 1-16, November.
    7. Zhu, Lijun, 2025. "The influence of digital transformation on Chinese firms' outward foreign direct investment," Finance Research Letters, Elsevier, vol. 72(C).
    8. Ouyang, Shanshan & Li, Yanxi & Wu, Haowen & Zhao, Heng & Xu, Runxiang, 2023. "Structure and evolution of the greenfield FDI network along the belt and road," Research in International Business and Finance, Elsevier, vol. 64(C).
    9. Jiatao Li & Ari Van Assche & Xiaolan Fu & Lee Li & Gongming Qian, 2022. "The Belt and Road Initiative and international business policy: A kaleidoscopic perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 135-151, June.
    10. Su, Zhenqing & Li, Jiankun & Pang, Qiwei & Su, Miao, 2025. "China futures market and world container shipping economy: An exploratory analysis based on deep learning," Research in International Business and Finance, Elsevier, vol. 76(C).
    11. Julan Du & Gaoju Yang & Hugh Dang, 2020. "Special issue on foreign trade and investment in China’s continuing economic opening and the Belt and Road Initiative," Pacific Economic Review, Wiley Blackwell, vol. 25(2), pages 121-126, May.
    12. Chaoqun Zhan & Hanxi Wang & Chenxue Hou, 2024. "Does Belt and Road Initiative attract Cross‐Border M&As from other countries?," The World Economy, Wiley Blackwell, vol. 47(5), pages 1916-1942, May.
    13. Linda Calabrese & Rhys Jenkins & Lorena Lombardozzi, 2024. "The Belt and Road Initiative and Dynamics of Structural Transformation," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 36(3), pages 515-547, June.
    14. Wiesława Lizinska & Roman Kisiel & Alina Zrobek-Rozanska, 2020. "Foreign Direct Investment in Poland and Changes in the Branch Structure," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 201-214.
    15. Serge Mandiefe Piabuo & Janice Tieguhong Puatwoe & Paule Pamela Tabi Eckebil & Tieminie Robinson Nghogekeh & Divine Foundjem-Tita, 2024. "Foreign direct investment and carbon emissions from land use, land-use change, and forestry (LULUCF): empirical evidence from tropical forest countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(6), pages 15639-15665, June.
    16. Lu, Shuai & Chen, Ning & Zhou, Wei & Li, Shouwei, 2024. "Impact of the belt and road initiative on trade status and FDI attraction: A local and global network perspective," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1468-1495.
    17. Ning Zhu & Xiang Dai & Tomas Baležentis & Dalia Streimikiene & Zhiyang Shen, 2022. "Estimating production gains from international cooperation: Evidence from countries along the Belt and Road," Economic Change and Restructuring, Springer, vol. 55(2), pages 715-736, May.
    18. Zhoufu Yan & Shuntian Sui & Fangwei Wu & Li Cao, 2023. "The Impact of Outward Foreign Direct Investment on Product Quality and Export: Evidence from China," Sustainability, MDPI, vol. 15(5), pages 1-13, February.
    19. Lianyue Feng & Helian Xu & Gang Wu & Wenting Zhang, 2021. "Service trade network structure and its determinants in the Belt and Road based on the temporal exponential random graph model," Pacific Economic Review, Wiley Blackwell, vol. 26(5), pages 617-650, December.
    20. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    21. Shi, Buchao & Huang, Liangxiong & Wei, Shengmin & Geng, Xinyue, 2022. "Overseas industrial parks and China's outward foreign direct investment," Journal of Asian Economics, Elsevier, vol. 83(C).
    22. Cao, Yunshi & Jiang, Meini & Shen, Jun, 2025. "Can overseas R&D improve domestic industry-university-research institutions’ cooperation?," Journal of Asian Economics, Elsevier, vol. 97(C).
    23. Wei Yang & Feihuang Xue & Jinfeng Shi & Yanmin Shao & Di Wang, 2021. "Factors Affecting the Trade Dependence Relationship of Asian Countries with China: Implications for China’s Belt and Road Initiative," Sustainability, MDPI, vol. 13(19), pages 1-23, September.
    24. Xu, Chang & Hu, Jianguang, 2023. "Does China's Belt and Road Initiative improve financial reporting quality?," Finance Research Letters, Elsevier, vol. 58(PD).
    25. Yang, Yiwen & Lin, Chinho, 2021. "Impact of the “Belt and Road Initiative” on machinery production networks," Economic Modelling, Elsevier, vol. 104(C).
    26. Zhai, Wei, 2023. "Risk assessment of China's foreign direct investment in "One Belt, One Road": Taking the green finance as a research perspective," Socio-Economic Planning Sciences, Elsevier, vol. 87(PB).

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