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Keywords: Crowding-out effect
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Journal Articles
International Journal of Emerging Markets (2025) 20 (4): 1487–1506.
Published: 26 June 2023
...-state-owned and technology-intensive enterprises, while a crowding-out effect is seen in state-owned and labor-intensive enterprises. The easing of corporate financing constraints and the expansion of market demand are two important mechanisms. Originality/value This study uses the Belt and Road...
