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  1. No Access

    Article

    The impact of artificial intelligence on green transformation of manufacturing enterprises: evidence from China

    Artificial intelligence (AI) is emerging as a new driving force for green transformation of manufacturing enterprises. Drawing from panel data of manufacturing enterprises listed on China’s A-share market span...

    Zhengang Zhang, Peilun Li, Liangxiong Huang in Economic Change and Restructuring (2024)

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    Article

    Producer services agglomeration and green growth: evidence from China

    A green economy pushes the transformation of the global economy into a new economic structure that aims for harmony between the economy and the environment. This study examines how the agglomeration of produce...

    Wei Li, Yingying Wang in Economic Change and Restructuring (2024)

  3. Article

    Open Access

    The Threshold Effect of Finance on Growth: Reassessing the Burden of Evidence

    Ronald Coase famously stated, “If you torture the data long enough, it will confess,” underscoring the need for the replication of well-accepted empirical results. In Economics, replication is more honoured in...

    Kul B. Luintel, Guangjie Li, Mosahid Khan in Open Economies Review (2024)

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    Article

    Analyzing the role of mergers and acquisitions and environmental investment in achieving energy transition and sustainability

    With the exacerbation of environmental problems across the globe, corporate environmental performance draws increasing attention from investors. The important role that mergers and acquisitions (M&A) plays in ...

    Yibing Li, Xuejiao Geng in Economic Change and Restructuring (2024)

  5. Article

    Open Access

    Can information construction promote the digital transformation of enterprises? Evidence from the 'Pilot Zone for the Integration of Informatization and Industrialization’

    The convergence of the digital economy and the physical economy is a global trend, with enterprises undergoing digital transformation not only for more online orders but also for smarter ways to produce. While...

    Dongkun Li, Qianqian Han, Huizhong Lu in Economic Change and Restructuring (2024)

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    Article

    The impact of climate risk on the asset side and liability side of the insurance industry: evidence from China

    The impact of climate risk on the insurance industry has attracted the attention of the industry and regulators. Based on data of the insurance industry in 31 provinces in China from 2005 to 2021, we use the f...

    Sitong Yang, Shouwei Li, Xue Rui, Tianxiang Zhao in Economic Change and Restructuring (2024)

  7. No Access

    Article

    The role of green financing in enabling sustainable energy transition and economic development

    The study’s overarching objective is to evaluate FDI’s contribution to China’s renewable energy sector and the country’s ongoing energy transformation. The industrial sector of China’s economy is contributing ...

    Jiaxuan Liang, Gang Li in Economic Change and Restructuring (2024)

  8. No Access

    Article

    China’s high-quality economic development: a study of regional variations and spatial evolution

    Based on the current reality of unbalanced and inadequate regional economic development in China, this study constructs a comprehensive index system to asses China’s economic development quality across six dim...

    Wan** Yang, Ruoying Huang, Dong Li in Economic Change and Restructuring (2024)

  9. No Access

    Article

    Tailoring social welfare and energy transition for an aging population

    This study employs OECD panel data from 2005 to 2021 and utilizes the CS-ARDL (Cross-sectionally Augmented Autoregressive Distributed Lag) method to reveal a notable positive correlation between the Human Deve...

    Li’ao Song, Cheng ** in Economic Change and Restructuring (2024)

  10. No Access

    Article

    Does the Yangtze River Protection Strategy help heavily polluting corporates deleverage? Evidence from corporates in the Yangtze River Economic Belt

    This paper investigates the effect of the Yangtze river protection strategy (YRPS) on the leverage of heavily polluting corporates in the Yangtze river economic belt (YREB) through a quasi-natural experiment. ...

    Min Liu, Yamei Li, Jiangfeng Hu in Economic Change and Restructuring (2024)

  11. No Access

    Article

    Urban–rural income gap and economic sustainability: how does energy transition matters?

    The study aim is to assess the urban–rural income gap nexus with economic sustainability with the mediating role of energy transition. Communities worldwide are accelerating the energy transition and promoting...

    Aihui Lyu, Junjiang Li in Economic Change and Restructuring (2024)

  12. No Access

    Article

    Digital finance, export growth, and sustainability: a study based on Chinese manufacturing enterprises

    In recent years, with the efficient integration of digital technologies such as artificial intelligence and big data with modern financial services, digital finance has gradually played an important role in th...

    Weiqing Li, Feng Hu in Economic Change and Restructuring (2024)

  13. No Access

    Article

    Natural resource rent and inclusive finance: an institutional perspective

    Promoting inclusive finance is crucial for governments worldwide to drive inclusive economic growth and development. This study investigates the relationship between natural resource rent and inclusive finance...

    **xi Li, Jiajun Yang, Ning Zeng in Economic Change and Restructuring (2024)

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    Article

    The impact of the digital economy on green innovation: the moderating role of fiscal decentralization

    The digital economy represents a new economic form that exhibits a heavy reliance on data resources, and it has the potential to extensively affect green innovation. In this paper, the theoretical mechanism th...

    Minjie Li, Mengjun Meng, Yihui Chen in Economic Change and Restructuring (2024)

  15. No Access

    Article

    Sustainable and market-oriented solutions for the electricity sales market reform

    China officially opened up the power sales market in 2015, and the power sales market has gradually changed from state control to market allocation of resources. However, is it compatible with sustainable gree...

    Qiang Li, Weiming ** in Economic Change and Restructuring (2024)

  16. No Access

    Article

    Does trade policy uncertainty in China and USA matter for key financial markets?

    The escalation of tit for tat tariffs between China and the USA has resulted in an unprecedented hike in the trade policy uncertainty (TPU). Such an increase in the volatility of the policy environment could b...

    Adeel Riaz, Assad Ullah, Li **ngong in Economic Change and Restructuring (2024)

  17. No Access

    Article

    The spillover effects of green bond issuance: a study based on Chinese firms’ stock price synchronicity

    This study examines the impact of green bond issuance on stock price synchronicity among peer companies in the Chinese listed firms from 2013 to 2021. The findings reveal that the issuance of green bonds leads...

    Rongnan Li, Zhongfei Li, Kexin Hu, Kai Gan in Economic Change and Restructuring (2024)

  18. No Access

    Article

    Assessing carbon emission and energy efficiency in Yangtze River economic belt cities, China

    CO2 emissions will intensify the greenhouse effect and bring a series of problems. This study analyzes 78 cities in the Yangtze River Economic Belt (YREB) from 2005 to 2020. Firstly, the SBM-DEA model is used to ...

    Keyao Yu, Zhigang Li in Economic Change and Restructuring (2024)

  19. No Access

    Article

    Technological, process or managerial innovation? How does digital transformation affect green innovation in industrial enterprises?

    Amidst the current wave of digitalization and the realization of the “dual-carbon” goal, the question of whether the digital transformation of enterprises (EDT) can drive green innovation (GI) and accelerate i...

    Kun Wang, Bing Chen, Yuhong Li in Economic Change and Restructuring (2024)

  20. No Access

    Article

    Impacts of green taxation on the green transformation of manufacturing industry: an empirical analysis based on Chinese provincial panel data

    In the face of escalating environmental challenges, manufacturing industries encounter significant hurdles in transitioning to green and low-carbon practices. This study addresses these challenges by examining...

    Li Yao, Minyan ** in Economic Change and Restructuring (2024)

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