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Qianqian Wang

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Aug 2026

Does innovation credit reduce informal finance? Evidence from China

This paper aims to investigate how innovation-oriented credit policies affect firm financing behavior in emerging economies, using China’s Promote Sci-Tech and Finance Integration initiative as a quasi-natural experiment. Using an unbalanced panel of Chinese A-share firms from 2006 to 2020, this study estima...

Qianqian Wang · 0 citations

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