Belt and Road Initiative and Corporate Investment Efficiency: Evidence from China’s Listed Companies

Yawen Fan ()
Additional contact information
Yawen Fan: Hefei University of Technology

A chapter in Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026), 2026, pp 365-378 from Springer

Abstract: Abstract This research investigates the influence of China’s Belt and Road Initiative (BRI) on corporate investment efficiency by utilizing data from A-share listed companies spanning the period from 2010 to 2020. By applying the Richardson model and the difference-in-differences approach, it is discovered that the BRI significantly curtails inefficient investment, thus enhancing investment efficiency. The impact is more prominent for manufacturing enterprises and companies situated in key BRI regions, indicating industry and geographical heterogeneity. These findings imply that the BRI improves both the quantity and quality of corporate investment.

Keywords: Belt and Road Initiative; Corporate investment efficiency; Panel Regression; DID; DDD (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-642-5_37

Ordering information: This item can be ordered from
http://www.springer.com/9789462396425

DOI: 10.2991/978-94-6239-642-5_37

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().