id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-25570	Li, Haonan; Li, Yingnan	The Impact of Local Government Debt on Corporate Risk-taking	2024	8	.pdf	application/pdf	6055	308	52	And a large number of studies have focused on the macroeconomic impacts of local government debt expansion, while paying insufficient attention to microenterprises, not to mention the lack of research on the impact of local government debt on corporate risk-taking. It is noteworthy that during the growth 177 period, local government debt plays a crowding-in effect, and local government debt expansion instead increases the risk- taking capacity of firms.	cache/fbem-25570.pdf	txt/fbem-25570.txt