Digital infrastructure policies, local fiscal and financing constraints of Non-SOEs: Evidence from China
View abstract on PubMed
Summary
This summary is machine-generated.Digital infrastructure policies ease financing constraints for Chinese private enterprises (Non-SOEs). This boosts regional finance and private sector growth without fiscal imbalances.
Area Of Science
- Economics
- Urban Studies
- Public Policy
Background
- Digital infrastructure is key to smart cities, but its impact on local finance and small businesses is unclear.
- Existing research overlooks the link between digital policies, fiscal systems, and enterprise financing.
Purpose Of The Study
- To empirically investigate how digital infrastructure policies affect the financing constraints of non-state-owned enterprises (Non-SOEs) in China.
- To develop a theoretical framework linking macro digital policies, regional fiscal dynamics, and micro-enterprise financing.
Main Methods
- Empirical analysis of digital infrastructure policies' impact on Non-SOE financing constraints.
- Systemic analysis of policy effects on fiscal burdens, revenue quality, and regional financial development.
- Heterogeneity analysis based on enterprise characteristics and policy implementation.
Main Results
- Digital infrastructure policies alleviate Non-SOE financing constraints by reducing fiscal burdens and improving regional finance.
- Provincial-level digital infrastructure policies show particular effectiveness.
- Non-SOEs in growth/decline phases and those independent in supply chains benefit most.
Conclusions
- Digital infrastructure construction attracts Non-SOEs and avoids fiscal imbalances associated with traditional infrastructure.
- Findings offer guidance for optimizing digital transformation policies to support private sector growth.
- Targeted strategies can reduce financing constraints and foster the digital economy.
Related Concept Videos
At the different levels of the healthcare system, we see varying methods of healthcare used. These methods include managed care systems, case management, and primary healthcare.
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is...
The alignment of a road line using Geographic Information Systems (GIS) is a critical process in civil engineering, combining advanced technology with practical decision-making. This methodology begins with the collection of geospatial data, including information on land cover, geomorphology, drainage patterns, slope, and contour details. Such data is typically acquired through satellite imagery and GIS tools, offering a comprehensive understanding of the terrain.Once the data is gathered, it...
Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Documentation and Monitoring of Patient Care: HIT systems facilitate the efficient recording and tracking of patient data, aiding healthcare providers in monitoring patients' health status and making informed decisions.
Managerial and Organizational Functions: Beyond patient care, HIT is...
Secondary healthcare is offered by a specialist, generally in hospitals or clinics for patients referred by primary healthcare providers. It occurs when a person has an illness or injury that requires specific medical care. Secondary care is often referred to as acute care. Secondary care can range from uncomplicated care to repair a minor laceration or treat a strep throat infection to more complicated emergent care, such as treating a head injury sustained in an automobile accident. Whatever...
The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
Global regulatory systems in bacteria enable rapid and coordinated responses to environmental changes by integrating sensory inputs with gene expression, ensuring efficient adaptation to fluctuating conditions. Key global regulatory mechanisms include regulons, two-component systems, sigma factors, and secondary messengers.Regulons and Global RegulatorsA regulon is a collection of genes and operons controlled by a common global regulator. These regulators enable bacteria to prioritize resource...

