政府绿色补贴能提高企业劳动收入份额吗？

IF 7.5 1区经济学 Q1 BUSINESS, FINANCE

International Review of Financial Analysis Pub Date : 2025-05-14 DOI:10.1016/j.irfa.2025.104340

Chunyang Zhang , Xin Liu

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引用次数: 0

摘要

自20世纪末经济改革以来，中国经济快速增长，实现了到2020年全面建成小康社会的目标。然而，严重的收入不平等和低效的收入分配机制等挑战仍然存在。本研究实证考察了政府绿色补贴对a股上市公司劳动收入占比的影响。研究结果表明，政府绿色补贴显著提高了企业劳动收入份额，并通过稳健性检验验证了这一结果。此外，异质性分析表明，绿色补贴对非国有企业、制造业和面临较高资金约束的企业的积极作用更为明显。

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Can government green subsidies improve corporate labor income share?

Since its economic reforms in the late 20th century, China has experienced rapid economic growth and achieved its goal of becoming a moderately prosperous society by 2020. However, challenges such as significant income inequality and inefficient income distribution mechanisms remain. This study empirically examines the impact of government green subsidies on the labor income share among firms listed on China's A-share market. Findings indicate that government green subsidies significantly increase firms' labor income share, and robustness tests validate these results. Moreover, heterogeneity analyses reveal that the positive effect of green subsidies is more pronounced for nonstate-owned enterprises, the manufacturing sector, and firms facing higher financial constraints.

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来源期刊

International Review of Financial Analysis BUSINESS, FINANCE-

CiteScore

10.30

自引率

9.80%

发文量

366

期刊介绍： The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.