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The crowding out effect of booming real estate markets on corporate TFP: evidence from China

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

inferredcites →https://doi.org/10.1016/j.chieco.2010.03.001openalex-snapshot
Financial Constraints in China: the conditioning effect of FDI and State-Owned corporate sector
inferredcites →https://doi.org/10.1016/j.jce.2013.09.001openalex-snapshot
Housing price and entrepreneurship in China
inferredcites →https://doi.org/10.1016/j.jeconom.2015.03.018openalex-snapshot
Home-purchase restriction, property tax and housing price in China: A counterfactual analysis
inferredcites →https://doi.org/10.1016/j.jhe.2016.04.002openalex-snapshot
Housing price appreciation, investment opportunity, and firm innovation: Evidence from China
inferredcites →https://doi.org/10.1016/j.jue.2008.07.007openalex-snapshot
Housing supply and housing bubbles
inferredcites →https://doi.org/10.1016/j.jue.2014.12.006openalex-snapshot
Real estate collateral value and investment: The case of China
inferredcites →https://doi.org/10.1016/j.pacfin.2017.06.001openalex-snapshot
Bubbles in the Australian housing market
inferredcites →https://doi.org/10.1016/j.regsciurbeco.2017.08.002openalex-snapshot
Home purchase restriction and housing price: A distribution dynamics analysis
inferredcites →https://doi.org/10.1016/s1574-0102(03)01006-9openalex-snapshot
Agency, Information and Corporate Investment
inferredcites →https://doi.org/10.1086/685953openalex-snapshot
Demystifying the Chinese Housing Boom
inferredcites →https://doi.org/10.1093/rfs/hhq009openalex-snapshot
New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index
inferredcites →https://doi.org/10.1093/rfs/hhu035openalex-snapshot
Real Estate Prices and Firm Capital Structure
inferredcites →https://doi.org/10.1108/cfri-06-2017-0061openalex-snapshot
The co-movement and causality between housing and stock markets in the time and frequency domains considering inflation
inferredcites →https://doi.org/10.1111/1467-937x.00246openalex-snapshot
Estimating Production Functions Using Inputs to Control for Unobservables
inferredcites →https://doi.org/10.1111/acfi.12302openalex-snapshot
How do political connections cause SOE s and non‐ SOE s to make different M&A decisions/performance? Evidence from China
inferredcites →https://doi.org/10.1111/acfi.12324openalex-snapshot
Financial constraints and investment thirst in Chinese reverse merger companies
inferredcites →https://doi.org/10.1111/acfi.12331openalex-snapshot
Political connections of the board of directors and credit financing: evidence from Chinese private enterprises
inferredcites →https://doi.org/10.1111/j.1468-2443.2011.01135.xopenalex-snapshot
How Has CEO Turnover Changed?
inferredcites →https://doi.org/10.1111/j.1540-6261.1985.tb02395.xopenalex-snapshot
Managerial Incentives for Short-Term Results
inferredcites →https://doi.org/10.1111/j.1745-6622.1992.tb00485.xopenalex-snapshot
CAPITAL CHOICES: CHANGING THE WAY AMERICA INVESTS IN INDUSTRY
inferredcites →https://doi.org/10.1111/jofi.12198openalex-snapshot
The Brain Gain of Corporate Boards: Evidence from China
inferredcites →https://doi.org/10.1162/qjec.2010.125.3.1253openalex-snapshot
The Geographic Determinants of Housing Supply *
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House Prices, Home Equity–Based Borrowing, and the US Household Leverage Crisis
inferredcites →https://doi.org/10.1257/aer.102.6.2381openalex-snapshot
The Collateral Channel: How Real Estate Shocks Affect Corporate Investment
inferredcites →https://doi.org/10.1257/aer.103.1.277openalex-snapshot
Innovation and Institutional Ownership
inferredcites →https://doi.org/10.1257/mac.20140234openalex-snapshot
The Great Housing Boom of China
inferredcites →https://doi.org/10.2139/ssrn.262311openalex-snapshot
From State to Market: A Survey of Empirical Studies on Privatization
inferredcites →https://doi.org/10.2139/ssrn.2720314openalex-snapshot
The Crowding-Out Effect of Real Estate Markets on Corporate Innovation: Evidence from China
inferredcites →https://doi.org/10.2307/2937861openalex-snapshot
Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Housing Market, Extrapolative Belief, and Entrepreneurship: Micro Evidence from China
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inferred← citeshttps://doi.org/10.1002/mde.4451openalex-snapshot
Cross Border Costs: Efficiency Losses of Manufacturing Firms Involved in Housing
inferred← citeshttps://doi.org/10.1007/s00181-024-02685-xopenalex-snapshot
Characterizing public debt cycles: the non-negligible impact of financial cycles
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Has high housing prices affected urban green development?: Evidence from China
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Booming house prices: friend or foe of innovative firms?
inferred← citeshttps://doi.org/10.1007/s11146-024-09981-4openalex-snapshot
All That Glitters is Not Gold: Examining the Negative Impact of Real Estate Value on Companies' Market Competitiveness
inferred← citeshttps://doi.org/10.1016/j.chieco.2021.101655openalex-snapshot
How does housing wealth affect household consumption? Evidence from macro-data with special implications for China
inferred← citeshttps://doi.org/10.1016/j.eap.2021.08.012openalex-snapshot
Do rising housing prices restrict urban innovation vitality? Evidence from 288 cities in China
inferred← citeshttps://doi.org/10.1016/j.eap.2025.02.002openalex-snapshot
Firm-level perception of uncertainty, risk aversion, and corporate real estate investment: Evidence from China's listed firms
inferred← citeshttps://doi.org/10.1016/j.eap.2025.07.020openalex-snapshot
Judicial Independence and Corporate Total Factor Productivity: Evidence from provincial court centralization
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inferred← citeshttps://doi.org/10.1016/j.iref.2025.104513openalex-snapshot
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inferred← citeshttps://doi.org/10.1016/j.jenvman.2023.117500openalex-snapshot
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inferred← citeshttps://doi.org/10.1016/j.jfds.2024.100140openalex-snapshot
China's GDP at risk: The role of housing prices
inferred← citeshttps://doi.org/10.1016/j.jimonfin.2020.102284openalex-snapshot
Housing prices and trade surpluses in China: An inter-temporal approach
inferred← citeshttps://doi.org/10.1016/j.jimonfin.2022.102630openalex-snapshot
Land holdings and outward foreign direct investment: Evidence from China
inferred← citeshttps://doi.org/10.1016/j.jimonfin.2024.103164openalex-snapshot
Can rising urban house prices actually limit the outward FDI by firms in a home country? A story from China
inferred← citeshttps://doi.org/10.1057/s41599-025-05539-8openalex-snapshot
Housing price and credit environment: evidence from China
inferred← citeshttps://doi.org/10.1080/00036846.2024.2427996openalex-snapshot
Innovation of listed firms and new business formation: evidence from China
inferred← citeshttps://doi.org/10.1080/02102412.2025.2557057openalex-snapshot
The backfired effect of bonus depreciation policy on corporate environmental performance: Evidence from a quasi-natural experiment
inferred← citeshttps://doi.org/10.1080/1540496x.2022.2138702openalex-snapshot
Does Housing Boom Boost Corporate Financialization?—Evidence from China
inferred← citeshttps://doi.org/10.1080/1540496x.2025.2606922openalex-snapshot
Do Soaring Urban Housing Prices Constrain Private Sector Employment Growth in China?
inferred← citeshttps://doi.org/10.1080/16081625.2026.2695643openalex-snapshot
Does local government debt discourage corporate risk-taking? The roles of share pledging and housing price growth*
inferred← citeshttps://doi.org/10.1088/2515-7620/ad4514openalex-snapshot
Impact of digital economy on urban land green use efficiency: evidence from Chinese cities
inferred← citeshttps://doi.org/10.1108/cafr-03-2022-0015openalex-snapshot
The influence of network platform interaction on corporate total factor productivity: evidence from China stock exchange investor interactive platforms
inferred← citeshttps://doi.org/10.1108/ecam-07-2020-0561openalex-snapshot
Productivity assessment of the real estate industry in China: a DEA-Malmquist index
inferred← citeshttps://doi.org/10.1108/ijhma-06-2020-0069openalex-snapshot
Dynamic co-movement and interdependency among real estate index in China: a multi-scale multiple correlation analysis
inferred← citeshttps://doi.org/10.1111/acfi.12674openalex-snapshot
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inferred← citeshttps://doi.org/10.1111/acfi.13222openalex-snapshot
Exit as governance: The effect of stock liquidity on firm productivity
inferred← citeshttps://doi.org/10.1111/cwe.12384openalex-snapshot
Housing Market Speculation and Firm Productivity: Evidence from China
inferred← citeshttps://doi.org/10.1111/grow.12735openalex-snapshot
Do high housing prices inhibit entrepreneurial activity?—Evidence from Yangtze River Delta cities, China
inferred← citeshttps://doi.org/10.1142/s0217590825500134openalex-snapshot
HOUSING PRICE RESTRICTION AND OVERCAPACITY: EVIDENCE FROM CHINA’S PROPERTY TAX PILOT POLICY
inferred← citeshttps://doi.org/10.1371/journal.pone.0257106openalex-snapshot
Does real estate bubble affect corporate innovation? Evidence from China
inferred← citeshttps://doi.org/10.1371/journal.pone.0288199openalex-snapshot
How do housing prices affect innovation and entrepreneurship? Evidence from China
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Research on the Impact of Housing Prices on the Innovation of Manufacturing Enterprises in China
inferred← citeshttps://doi.org/10.3390/su12187690openalex-snapshot
Determining the Increase in a Building’s Appreciation Rate Due to a Reconstruction
inferred← citeshttps://doi.org/10.3390/su16051913openalex-snapshot
The Impact of Curbing Housing Speculation on Household Entrepreneurship in China
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THE INTER-RELATIONSHIPS AMONG MOBILITY, HOUSING PRICES AND INNOVATION: EVIDENCE FROM CHINA’S CITIES
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Housing price, bank credit, and firm innovation investment: theory and evidence from China
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Political Promotion and Manufacturing Firm Productivity: Evidence from Chinese Firms
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