{"title":"Can supply chain finance policies enhance SMEs' Financial positions?","authors":"Xueqin Hu","doi":"10.1016/j.econlet.2025.112193","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines how supply chain finance (SCF) policies impact Chinese SMEs’ financial health using A-share data. The 2020 REPS implementation significantly reduces cash conversion cycles, enhancing liquidity and operational efficiency. Robustness checks confirm the robustness of these findings.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"247 ","pages":"Article 112193"},"PeriodicalIF":2.1000,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176525000308","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study examines how supply chain finance (SCF) policies impact Chinese SMEs’ financial health using A-share data. The 2020 REPS implementation significantly reduces cash conversion cycles, enhancing liquidity and operational efficiency. Robustness checks confirm the robustness of these findings.
期刊介绍:
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.