Political Connections and Government Subsidies: State-Level Evidence

2018 ◽  
Author(s):  
Daniel Aobdia ◽  
Allison Koester ◽  
Reining Petacchi
Keyword(s):  
State Level ◽  
Political Connections ◽  
Government Subsidies

Political connections, government subsidies and firm financial performance: Evidence from renewable energy manufacturing in China

2014 ◽  
Vol 63 ◽  
pp. 330-336 ◽  
Author(s):  
Huiming Zhang ◽  
Lianshui Li ◽  
Dequn Zhou ◽  
Peng Zhou
Keyword(s):  
Renewable Energy ◽  
Financial Performance ◽  
Political Connections ◽  
Government Subsidies ◽  
Firm Financial Performance

scholarly journals Impact of Government Subsidies on Manufacturing Innovation in China: The Moderating Role of Political Connections and Investor Attention

2020 ◽  
Vol 12 (18) ◽  
pp. 7740
Author(s):  
Shuang Wang ◽  
Shukuan Zhao ◽  
Dong Shao ◽  
Hongyu Liu
Keyword(s):  
Political Connections ◽  
Chinese Government ◽  
Manufacturing Companies ◽  
Investor Attention ◽  
Incentive Effect ◽  
Government Subsidies ◽  
Rational Allocation ◽  
Sample Data ◽  
Enterprise Innovation

Although government subsidies have gradually become a crucial means of endorsing public innovation policies, there remains no unified conclusion on the mechanism of their role in enterprise sustainable innovation investment. Employing sample data of listed Chinese manufacturing companies between 2011 and 2019, this study aims to discuss the incentive effect of government subsidies on enterprise innovation investment based on different enterprise ownership. With the combination of resource dependency theory and stakeholder theory, the findings suggest that the intensity of government subsidies exerts an incentive effect on corporate innovation investment; however, the incentive effect is different under the influence of political connections and investor attention. In particular, political connections inhibit the incentive effect and investor attention promotes the incentive effect. Overall, this study provides empirical evidence for the rational allocation of resources by the Chinese government and the acquisition of innovation investment by enterprises of different ownerships and the development of innovation capabilities.

scholarly journals Political Connections, Government Subsidies and Technical Innovation of Wind Energy Companies in China

2017 ◽  
Vol 9 (10) ◽  
pp. 1812 ◽  
Author(s):  
Jiaan Qu ◽  
Jie Cao ◽  
Xinting Wang ◽  
Jiexin Tang ◽  
James O. Bukenya
Keyword(s):  
Wind Energy ◽  
Technical Innovation ◽  
Political Connections ◽  
Government Subsidies ◽  
Energy Companies

The impact of managerial political connections and quality on government subsidies

2011 ◽  
Vol 5 (2) ◽  
pp. 207-226 ◽  
Author(s):  
Jianfeng Wu ◽  
Menita Liu Cheng
Keyword(s):  
Political Connections ◽  
Government Subsidies ◽  
The Impact

scholarly journals Political Connections, Allocation of Stimulus Spending, and the Jobs Multiplier

2021 ◽  
Vol 2021 (004) ◽  
pp. 1-65
Author(s):  
Joonkyu Choi ◽  
◽  
Veronika Penciakova ◽  
Felipe Saffie ◽  
◽  
...  
Keyword(s):  
Instrumental Variable ◽  
Public Expenditure ◽  
State Level ◽  
Political Connections ◽  
Fiscal Stimulus ◽  
Ex Post ◽  
Variable Approach ◽  
The Impact ◽  
State Legislative ◽  
Instrumental Variable Approach

Using American Recovery and Reinvestment Act (ARRA) data, we show that firms lever their political connections to win stimulus grants and public expenditure channeled through politically connected firms hinders job creation. We build a unique database that links campaign contributions and state legislative election outcomes to ARRA grant allocation. Using exogenous variation in political connections based on ex-post close elections held before ARRA, we causally show that politically connected firms are 64 percent more likely to secure a grant. Based on an instrumental variable approach, we also establish that state-level employment creation associated with grants channeled through politically connected firms is nil. Therefore, the impact of fiscal stimulus is not only determined by how much is spent, but also by how the expenditure is allocated across recipients.

Political Connections and Government Subsidies: Evidence from Financially Distressed Firms in China

2017 ◽  
Vol 53 (8) ◽  
pp. 1854-1868 ◽  
Author(s):  
Qizhi Tao ◽  
Yicheng Sun ◽  
Yingjun Zhu ◽  
Xiaolin Yang
Keyword(s):  
Political Connections ◽  
Government Subsidies ◽  
Distressed Firms ◽  
Financially Distressed

Medicaid 101: A Primer for Speech-Language Pathologists in Education Settings

2011 ◽  
Vol 12 (1) ◽  
pp. 3-11
Author(s):  
Janet Deppe ◽  
Marie Ireland
Keyword(s):  
State Level ◽  
The State ◽  
Speech Language Pathologists ◽  
Inspector General ◽  
Medical Necessity ◽  
School Settings ◽  
Speech Language Pathologist ◽  
School Based ◽  
Emerging Trends

This paper will provide the school-based speech-language pathologist (SLP) with an overview of the federal requirements for Medicaid, including provider qualifications, “under the direction of” rule, medical necessity, and covered services. Billing, documentation, and reimbursement issues at the state level will be examined. A summary of the findings of the Office of Inspector General audits of state Medicaid plans is included as well as what SLPs need to do in order to ensure that services are delivered appropriately. Emerging trends and advocacy tools will complete the primer on Medicaid services in school settings.

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