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    The Impact of Borrowing Debt on the Efficiency Loss of Municipal Infrastructure Investment and Construction by Xiaojie Li, Hao Li, Fei Qiu

    Published 2023-01-01
    “…Borrowing debt has become an important financing channel for the investment and construction of municipal infrastructure in China. In this paper, panel data from 2003 to 2018 in cities above the prefecture level in China are used to study the impact of borrowing debt on the efficiency loss of municipal infrastructure investment and construction. …”
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