The impact of borrowing debt on the efficiency loss of municipal infrastructure investment and construction

HIGHLIGHTS

  • who: Xiaojie Li et al. from the Zhejiang Wanli University, Ningbo, Zhejiang, China have published the Article: The Impact of Borrowing Debt on the Efficiency Loss of Municipal Infrastructure Investment and Construction, in the Journal: Discrete Dynamics in Nature and Society of 16/02/2023
  • what: Te aim of this research is to examine whether the impact of borrowing debt on the efciency loss of municipal infrastructure investment and construction is because local governments waste free cash fow, or because they face excessive costs of external fnancing created by asymmetric information in China. In recent . . .

     

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