In recent years, there has been increasing interest in whether and how bureaucratic
effectiveness contributes to development. Just what makes for an effective bureaucracy and …

In this paper, we offer a comprehensive and updated review of the impact of fiscal
decentralization on the economy, society and politics. Our first target is the examination of …

Green development is critical for China's economic transformation. Enhancing green total
factor energy efficiency (hereafter GTFEE) is vital to emission reduction and to win-win …

Since the role of fiscal decentralization cannot be overlooked in tracking sustainable
development goals targets of a clean environment and climate mitigation, it is inevitable to …

Environmental management systems may play an important role in environmental pollution
control. Given China's rapid economic development and increases in environmental …

This study highlights the importance of fiscal decentralization in promoting a sustainable
environment. The literature on the importance of fiscal decentralization in affecting …

In the context of the goal of “carbon neutrality”, an economic development model that
achieves emission reduction goals and ensures stable economic growth is currently being …

We formulate a dynamic no-arbitrage asset pricing model for equities and corporate bonds,
featuring time variation in both risk aversion and economic uncertainty. The joint dynamics …

This paper examines the impacts of the centralization of authority in the appointment of civil
servants on the effectiveness of regulatory enforcement efforts. We exploit a unique …

Obtaining public and/or private finance for upscaling urban nature-based solutions (NBS) is
a key barrier for reaching urban sustainability goals, including climate mitigation and …