Does Supply Chain Finance Create More Jobs? Evidence From China

IF 1.4 4区 经济学 Q2 ECONOMICS
Jinlong Qiu, Mengmei Cui, Guangpeng Li, Zhenye Yao
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引用次数: 0

Abstract

Based on the empirical data of China's A-share listed firms from 2011 to 2021, we find that supply chain finance (SCF) significantly increases corporate employment by fostering innovation within organizations, increasing investments in long-term assets, and stimulating sales growth. The positive effect is stronger in firms in digitally advanced regions, facing high supply chain risk, and led by management teams with financial backgrounds or low levels of myopia. Furthermore, SCF mainly enhances employment of highly skilled individuals. Reasonable employment expansion resulting from SCF is conducive to the sustainable development of firms without creating labor redundancy.

Abstract Image

供应链金融能创造更多就业机会吗?来自中国的证据
基于2011 - 2021年中国a股上市公司的实证数据,我们发现供应链金融通过促进组织内部创新、增加长期资产投资和刺激销售增长显著增加了企业就业。在数字化发达地区、面临高供应链风险、由具有金融背景或低近视程度的管理团队领导的公司中,这种积极效应更强。此外,SCF主要促进高技能人才的就业。供应链金融带来的合理的就业扩张有利于企业的可持续发展,而不会造成劳动力冗余。
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来源期刊
CiteScore
2.40
自引率
10.00%
发文量
32
期刊介绍: Economics & Politics focuses on analytical political economy, broadly defined as the study of economic and political phenomena and policy in models that include political processes, institutions and markets. The journal is the source for innovative theoretical and empirical work on the intersection of politics and economics, at both domestic and international levels, and aims to promote new approaches on how these forces interact to affect political outcomes and policy choices, economic performance and societal welfare. Economics & Politics is a vital source of information for economists, academics and students, providing: - Analytical political economics - International scholarship - Accessible & thought-provoking articles - Creative inter-disciplinary analysis
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