Economic Analysis and Policy

Article	Citations
How does bank equity affect credit creation? Multiplier effects under Basel III regulations	271
Increasing the use of public bicycles: Efficiency and demand	234
Risk contribution to deposit insurance: Evidence from commercial and cooperative banks in the Eurozone	229
Multidimensional risk connectedness among global systemically important financial institutions: A multilayer spillover network analysis	214
Compromise or struggle: Extreme temperatures and environmental corporate social responsibility in China	210
Linking Spanish wine farmers to international markets: Is direct export better than indirect export in improving farm performance?	209
Under dual pressures of compliance and reputation: the impact of antitrust law on corporate green economic narratives	203
Does COVID-19 make the firms’ performance worse? Evidence from the Chinese listed companies	187
The effect of a change to the income support policy for the elderly on labor supply in South Korea	185
Integrating dimensionality reduction and clustering for measuring profit efficiency: A stochastic meta-frontier approach in Korean manufacturing sector	147
Carbon markets, industrial robots, and the labour skill premium	144
The low-carbon effect of pursuing the honor of civilization? A quasi-experiment in Chinese cities	143
A comprehensive analysis of the correlation between foreign aid and energy security in emerging countries: Does institutional quality matter?	130
How does manufacturing agglomeration affect high-quality economic development in China?	127
Bank discretionary provisioning and systemic risk under impairment accounting standard reforms	120
Corrigendum to “Jump further or climb higher? Impact of different export upgrading strategies on exporter survival” [Economic Analysis and Policy, Volume 88, December 2025, Pages 2098-2115]	119
Does the Inclusive Finance Index really represent the level of inclusive finance? – Evidence from P2P lending market	118
Jump further or climb higher? Impact of different export upgrading strategies on exporter survival	117
The carbon tax as an automatic stabilizer in a commodity-producing Small Open Economy	114
The effect of the environmental protection tax on corporate labor demand: Evidence from China	113
Impact of China’s National Sword Policy on waste import:A difference-in-differences approach	112
Modern health pandemic crises and stock price crash risk	111
Can the joint regional air pollution control policy achieve a win-win outcome for the environment and economy? Evidence from China	111
Unleashing the digital dividend: Exploring how the digital economy promotes the construction of new urbanization in China’s 284 prefecture-level cities?	108
Digital financial innovation, productivity and modernization of industry chain and supply chain	107

Return and volatility connectedness between gold and energy markets: Evidence from the pre- and post-COVID vaccination phases	104
The role of EU structural and investment funds in the green transition: A stochastic ray frontier analysis	104
China’s trade in services and asymmetric J-curve	103
Inflation and wealth inequality	101
The impact of fiscal squeeze on corporate tax avoidance behaviors: Evidence from the agricultural tax reform	100
Quantifying the risk of renewable energy droughts in Australia's National Electricity Market (NEM) using MERRA-2 weather data	99
Social credit system and the alleviation of investment–financing maturity mismatch in China	98
The economic implications of population aging on current account balance	96
How antitrust enforcement affects corporate ESG performance? Evidence from merger review cases in China	90
How do low-carbon city pilots affect carbon emissions? Staggered difference in difference evidence from Chinese firms	89
The effects of rural e-commerce on income inequality: evidence from the National Rural E-Commerce Comprehensive Demonstration policy in China	88
Market-based emissions regulation and capacity governance in China’s high-carbon firms: Theoretical investigation and empirical evidence	88
Unequal Gains: Demographic Determinants of Domain-Specific Financial Insecurity in the Global South	85
Do carbon markets induce suppliers’ green innovation through backward linkages?	83
Climate finance for energy security: An empirical analysis from a global perspective	83
ESG Rating Events, Financial Investment Behavior and Corporate Innovation	80
Does green manufacturing technology innovation decrease energy intensity for sustainable development?	78
One Country – Two Monetary Policies: Evidence from a new indicator of the PBoC’s monetary policy support for poor regions	78
Linking farmers to markets: Does cooperative membership facilitate e-commerce adoption and income growth in rural China?	77
Does innovative monetary policy drive stock market performance? Evidence from SFISF in China	77
Does crop insurance increase farmers’ income? Evidence from the pilot program of agricultural catastrophe insurance in China	77
Does technology innovation help to achieve carbon neutrality?	76
The Impact of green finance reform on firms' patent quality: An empirical study from Chinese listed manufacturing firms	76
Firm-level perception of uncertainty and corporate default risk: Evidence from China’s listed firms	75
Does COVID-19 play any role in the asymmetric relationship between oil prices and exchange rates? Evidence from South Korea	75
Do VAT cuts help stabilize employment? Evidence from China’s VAT rate reform	75
Has China’s Free Trade Zone policy promoted the upgrading of service industry structure?	74
From lenient to stringent: Environmental policy target adjustment and the decline in mortality	74
Comparing the multi-objective effects of quantitative and price-based monetary policy tools: dual evidence from same- and mixed-frequency models	74
Assessing geopolitical risk: Sovereign CDS insights from the Russo-Ukrainian War	74
Artificial intelligence and firm green innovation: empirical evidence from the application of robots in China	73
The effects of mixed ownership reforms on Chinese firms’ emissions	72
The impact of bank interest rate deregulations on firm exports: Evidence from China	72
A bootstrap dynamic multivariate panel Granger causality analysis to examine the relationship between the COVID-19, Delta and Omicron pandemic era and the maritime shipping freight industry	71
Are greenhouse gas emissions converging in Latin America? Implications for environmental policies	71
The effect of cigarette prices on insurance premiums: Evidence from cigarette tax increase in South Korea	70
Mixed-ownership reform of SOEs and ESG performance: Evidence from China	69
Employee allocation efficiency in the context of the digital economy: Evidence from “Broadband China” demonstration cities	69
Carbon Market and corporate financing behavior-From the perspective of constraints and demand	69
Digital economy and environmental co-benefits: Evidence on air pollution and carbon emissions in China	69
Technical progress, technical efficiency, and environmental change: New insights into Vietnam’s productivity growth	68
A connectedness analysis among BRICS’s geopolitical risks and the US macroeconomy	67
Waves of uncertainty: Time-varying spillovers of China’s economic policies on belt and road economies	67
Environmental regulation and rural migrant workers’ job quality: Evidence from China migrants dynamic surveys	67
Government procurement digitalization and corporate digital transformation: Evidence from China’s government procurement cloud platforms	67
Increasing the share of renewable energy sources (RESs) in the specific portfolio by using the taxation mechanism: Study at the level of EU states	66
Impact of developmental social policy on household welfare: Evidence from China’s comprehensive demonstration policy for e-commerce in rural areas	66
Actions according with words? Environmental regulation and pollutant emissions	64
Does development zones improve the capacity utilization of firms? Based on the dual perspectives of firms inside and outside the zone	64
Environmental and economy-wide impacts of green fiscal policies on digital economy development: A CGE-based analysis	64

Unveiling the power of state activism in times of distress	64
The impact of digital government on cross-regional investment: Evidence from Chinese cities	63
Impact of early-life exposure of children to expanded road infrastructure on long-term educational attainment: New evidence from China	63
The housing status and two-child fertility willingness of floating population: Evidence from the Chinese General Social Survey	63
The lending implication of a funding for lending scheme policy during COVID-19 pandemic: The case of Indonesia Banks	61
The impacts of household splitting on migrants' subjective well-being: Evidence from China	60
Is geopolitical oil price uncertainty forcing the world to use energy more efficiently? Evidence from advanced statistical methods	60
Research on auction-based pricing mechanisms for personal health data under privacy heterogeneity	59
Social security payment burden and corporate financialization: Evidence from China’s social insurance law	59
Are there too many farms in China? New evidence on economies of scale in grain production	58
Regional economic impacts of COVID-19 lockdowns and mitigation effects of stimulus checks and unemployment insurance	58
How does entry deregulation affect employment: Evidence from China	57
Sustainable behaviors and firm performance: The role of financial constraints’ alleviation	56
Digital industry agglomeration and urban innovation: Evidence from China	54
Renewable energy development and transportation infrastructure matters for green economic growth? Empirical evidence from China	54
The carbon emissions trading scheme and green technology innovation in China: A new structural economics perspective	54
Global estimates of informal economies and new insights for 152 countries (1997-2022): Using an enhanced modelling approach	54
Digital transformation under the pressure of uncertainty in the banking sector	53
Do intergovernmental transfers accelerate the formation of zombie firms? A study based on fuzzy regression discontinuity analysis	52
How does the middle class vanish? The importance of redistribution targets	52
Storms and sustainability: Assessing the impact of natural disasters on debt sustainability in the Caribbean	51
Peer Effects in Financial Investment of Board-interlocked Firms: An Information Sharing Perspective	50
Return-to-hometown entrepreneurship and employment of low-income households: Evidence from national returned entrepreneurial enterprise data of China	50
The impact of income inequality on haze pollution and health damage in China: A spatial econometrics perspective	50
Can digital infrastructure improve corporate productivity? Evidence from a quasi-natural experiment in China✰	50
Does banking competition increase corporate labor income share? Evidence from China	49
Greening through courts:Environmental law enforcement and corporate green innovation	49
The application of industrial robots and changes in capital-labour income disparity in China	49
Social security and economic resilience - A new structural economics perspective	48
Green credit policies and labor income share: Evidence from China	48
Can social insurance contributions boost labor share?—Evidence from China’s social insurance law	48
The effects of place-based information technology policy on digital finance development: Evidence from China	47
The impact of industrial digitization on the global value chains position: Evidence from China’ s industry sectors	47
How does low-carbon city pilot policy catalyze companies toward ESG practices? Evidence from China	47
Can top-pollutant economies shift some burden through insurance sector development for sustainable development?	46
Editor's Note	46
How does digital trade development affect carbon emissions? Evidence from China	45
Does risk assessment and specific knowledge impact crop insurance underwriting? Evidence from Romanian farmers	45
FinTech, bank proximity, and corporate innovation: Evidence from China	45
New circular economy perspectives on measuring sustainable waste management productivity	45
Evaluating the impact of a non-profit's intervention on child labour and school attendance in artisanal and small-scale mining in the Democratic Republic of the Congo	45
Does host language proficiency among immigrants reduce energy poverty? Evidence from Australia	44
How does military-civilian integration development influence corporate financial constraints in China? Evidence based on quasi-natural experiments	44
Research on the contribution of technological innovation efficiency and internal structure optimization of charging pile industry: A case study of China	44
Does digital transformation reduce the labor income share in enterprises?	43
How elastic is alcohol consumption?	43
The impact of trans-provincial watershed eco-compensation policy on carbon emissions: Evidence from China	43
Dynamics of green transition based on stock-flow consistent model considering compound risks	43
The impact of agricultural extension type and form on technical efficiency under transition: An empirical assessment of wheat production in Uzbekistan	43
Risk spillover effect of the new energy market and its hedging effectiveness: New evidence from industry chain	43
Can digital financial inclusion promote the coupling coordination between pollution reduction and low-carbon development? Evidence from China	42
Market participation and pastoral welfare in drought-prone areas: A dose-response analysis	42
Assessing the potential of trade policy in promoting inclusive green growth: Evidence from China	42
What affects national innovative capacity? The role of economic growth and trade openness	42
Industrial robots and pollution: Evidence from Chinese enterprises	41
Can artificial intelligence improve carbon emission efficiency by promoting industrial intelligence? Evidence from Chinese provincial panel data	41
New developments in the disciplines of environmental and resource economics	41
How green investment funds drive green innovation? The role of governance	41
Land leasing-in, farm machinery, and pesticide use: A plot-analysis for Jiangsu Province, China	41
Does environmental management system reform improve air quality? Quasi-experimental evidence from China	41
Can government-led urban expansion simultaneously alleviate pollution and carbon emissions? Staggered difference-in-differences evidence from Chinese firms	40
Risk spillover effects among Chinese policy, economy and financial markets: Evidence from mixed-frequency data	40
Economic policy uncertainty, risk perception and stock price crash risk: Evidence from China	40
Maternal relative income, bargaining power, and children's education expenditure	40
Digital transformation and firm business diversification: An inverse U-shaped relationship	40
Self-regulation, media pressure, and corporate catastrophes	40
Does green finance reform promote corporate carbon emission reduction? Evidence from China's green finance reform and innovation pilot zones	39
Rectifying local governments’ strategic environmental enforcement: Can refined air pollution monitoring enhance local air quality in China?	39
How effective are emission taxes in reducing air pollution? A satellite-based case study for Spain	39
Does environmental policy matter for renewable energy production and economic activity? Evidence from Granger causality in quantiles	39
Short and longer-term effects of European regional policy	38
The impact of pilot free trade zone on service industry structure upgrading	38
The role of fintech in promoting green finance, and profitability: Evidence from the banking sector in the euro zone	38
Can government subsidies promote the green technology innovation transformation? Evidence from Chinese listed companies	38
Impact of productivity revolution on Chinese enterprises’ outward foreign direct investment (OFDI)	38
Effects of high-tech industrial agglomeration and innovation on regional economic development in China: Evidence from spatial-temporal analysis and Spatial Durbin Model	38
Does local government debt pressure hamper green transition? Evidence from China	38
Publisher's Note	37
The impact of farmland circulation on the carbon footprint of agricultural cultivation in China	37
The spillover effects of rising energy prices following 2022 Russian invasion of Ukraine	37

The unemployment effects of closing non-essential activities during the COVID-19 lockdown: The Spanish municipalities	37
The impact of big data tax administration on local fiscal revenue: New evidence from the "Golden Tax Project Phase III"	37
The State as a Catalyst: How Government-Initiated Social Program Boosts Firm Performance?	36
The exchange rate regime, a determinant of the degree of risk sharing between profits and wages	36
Skyscrapers and productivity in China	36
Political tides and tourist waves: Mainland China’s policy impact on Taiwan’s tourism	36
Supply-side economics with AS-AD in Ramsey dynamic general equilibrium	36
Modeling markups and its determinants: The case of Norwegian industries and regions	35
Risk spillover within the carbon-energy system – New evidence considering China's national carbon market	35
Covid-19 pandemic, firms’ responses, and unemployment in the ASEAN-5	35
The real effect of pilot free trade zones: Evidence from shadow banking activities	35
The energy-saving effect in the new transformation of urbanization	35
Inflation expectations and house prices in the euro area	35
Can the separation of marketing authorization from manufacturing authorization stimulate pharmaceutical innovation? Evidence from China's pharmaceutical industry reform	34
The role of online rural community platforms in influencing the entrepreneurial livelihood choice of farmers: Evidence from rural China	34
Does data assetization matter to corporate green innovation: Evidence from China	34
The outgoing audit of natural resources assets and green governance: New evidence from causal inference based on double machine learning	34
Do industry tournament incentives affect labor investment efficiency?	34
Nature dependence and seasonality change perceptions for climate adaptation and mitigation	34
From policy to participation: Exploring the influence of property rights on rural revitalization efforts	34
Who pays for biodiversity risk? Evidence from firm-level labor income shares	33
Information disclosure as a means of minimizing asymmetric financial reporting: The role of market reaction	33
The impact of bankruptcy court establishment on corporate investment efficiency	33
Do oil price shocks have any implications for stock return momentum?	33
Does an increase in the number of immigrant workers reduce unemployment rates? An industry sector unit level analysis in Japan	33
Impact of decentralization policy on air quality	33
Does geopolitical risk affect exports? Evidence from China	33
Economic and supply chain impacts from energy price shocks in Southeast Asia	33
Linguistic-induced life insurance consumption	32
Empowered minority shareholders and corporate cash dynamics: Empirical evidence from China's online voting reform	32
The environmental regulation and policy assessment effect on the road to green recovery transformation	32
Competition policy and labor income share: Evidence from the antitrust policy in China	32
Does digital transformation make enterprises greener? Evidence from China	32
Unintended environmental gains: The impact of social insurance contribution cut on corporate carbon emission reduction	32
Government employment and economic growth: evidence from China	32
Can China's low-carbon city pilot policy facilitate carbon neutrality? Evidence from a machine learning approach	32
Valuing harvest regulation changes in recreational fisheries with a discrete choice experiment study: What can we learn from a synthetic review?	31
Central bank credibility and its effect on stabilization	31
Sunrise, sunset, and adverse effects of the inflexible schedule on the health of students: Evidence from China	31
Institutional investors and ESG performance: Evidence from China	31
Is FinTech providing effective solutions to Small and Medium Enterprises (SMEs) in ASEAN countries?	31
Realising rural economic transformation: Pathways to inclusive and sustainable prosperity in post-COVID-19 Asia	30
Reframing innovation: A case of split personality	30
Peer effects under regional environmental regulation: Evidence from China’s regional emissions trading systems	30
Heterogeneous effects of carbon tax, subsidy and foreign carbon emissions on low- and high-carbon firms	30
Climate clubs and firm environmental performance: A regional institutional perspective	30
The wider the span, the better the performance? Institutional ownership industry coverage and corporate total factor productivity	30
Environmental pollution liability insurance policy and corporate green innovation: The effect of environmental governance and internal governance	30
Industry regulation and firm innovation: Evidence from national centralized drug procurement policy in China	30
The impact of green quality of the energy consumption on carbon emissions in the United States	30
Special drawing rights, quality of institutions and economic growth	29
Place-based policy and urban green technology innovation: Evidence from the revitalization of old revolutionary base areas in China	29
Interest rate liberalization and labor cost stickiness: A quasi-natural experiment from China	29
Urbanization, energy-use intensity and emissions: A sectoral approach	29
Renewable hydrogen requirements and impacts for network balancing: A Queensland case study	29
Female rookie CEO and green innovation	29
Another look at the holiday effect: evidence from sell-side analysts’ forecasts	29
Rethinking the literature on economic complexity indexes	29
Do U.S. monetary policy shocks raise oil prices and excess stock premiums in oil-exporting countries?	29
China's mixed-ownership reform and SOE profitability	29
The influence mechanism of multi-government environmental regulation synergy on corporate environmental responsibility	29
Supply chain digitalization and firms' green innovation: Evidence from a pilot program	29
Digital dividends and urban frictions: The spatial reallocation of heterogeneous labor	29
Dissecting the impact of the three E, S, G pillars on credit risk	28
A re-examination of the influence of human capital on urban-rural income gap in China: College enrollment expansion, digital economy and spatial spillover	28
Innovation breakthrough under resource constraints: Is data assetization the new game-changer?	28
Impact of the informal economy on the ecological footprint: The role of urban concentration and globalization	28
Can high-quality energy development and energy security achieve a win-win situation? The case of China	28
Community banks’ capital regulation and regional marital structure	28
Valuing high temperature's fiscal costs: Evidence from China	28
Can money help to achieve the Paris agreement goal? the missing piece of the puzzle: How green monetary policy can bridge the emissions gap	28
Assessing the role of competitive intelligence and practices of dynamic capabilities in business accommodation of SMEs	28
Inter-city difference in extreme heat exposure and inter-regional capital flows: Evidence from the cross-region investment of listed companies	28
Agricultural certification, market access and rural economic growth: Evidence from poverty-stricken counties in China	28
Regional development, agricultural industrial upgrading and carbon emissions: What is the role of fiscal expenditure? —-Evidence from Northeast China	27
Energy transitions across household distributions in northern India	27
Does environmental protection tax impact corporate ESG greenwashing? A quasi-natural experiment in China	27
Policy uncertainty and air pollution: Evidence from the turnover of local officials in China	27
Does innovation affect the impact of corruption on economic growth? International evidence	27
Impact of agricultural commercialization on dietary diversity and vulnerability to poverty: Insights from Chinese rural households	27
Do firms react to supply chain disruptions?	27
Empowering energy transition: Revisiting the dynamic impacts of Carbon emissions trading and the crude oil market	27
How does digital inclusive finance affect carbon intensity?	27
Local government fiscal stress and regional entrepreneurship: Evidence from a natural experiment in China	27
Does ownership matter in driving green subsidies effects? A quasi natural experiment in China	27
Industrial land transfer and enterprise pollution emissions: Evidence from China	27
Local government fiscal stress and corporate risk-taking: Evidence from a quasi-natural experiment in China	26
Internal and external risk spillovers in energy and metal markets: the role of economic policy uncertainties	26
E-Wallet adoption and health insurance uptake in India: Evidence from a copula regression analysis	26
Household constraints and dysfunctional rural–urban migration	26
Modelling the consumption patterns in the Asian countries	26
Did high-speed rail induce regional convergence in China	26
Rethinking government behavior: Local government self-interest and economic development quality	26
Nexus between energy security and role of women in politics: Evidence from BRICS countries	26
Reducing supply shock-led inflation in emerging markets	26