Pub Date : 2026-02-07DOI: 10.1016/j.frl.2026.109623
Jinfei Zhang
This study investigates whether and how strategic supply chain digitalization (SCDigital) mitigates manufacturing enterprises’ disruption risk. Using firm-level panel data from 23,005 firm–year observations from Chinese A-share manufacturing firms spanning 2013–2023, this study constructs a moderated mediation model incorporating supply chain resilience and financing constraints. Results show that SCDigital significantly reduces disruption risk, with resilience acting as a key mediating mechanism and financing constraints weakening this effect. Heterogeneity analysis reveals that the risk-mitigating impact of digitalization is strongest for capital-intensive firms, indicating that industry characteristics can influence the value of digital transformation. The findings highlight the importance of digital transformation in enhancing firms’ operational stability and provide policy insights for improving financial flexibility to support digital resilience.
{"title":"Supply chain digitalization and disruption risk: The roles of resilience and financing constraints","authors":"Jinfei Zhang","doi":"10.1016/j.frl.2026.109623","DOIUrl":"10.1016/j.frl.2026.109623","url":null,"abstract":"<div><div>This study investigates whether and how strategic supply chain digitalization (SCDigital) mitigates manufacturing enterprises’ disruption risk. Using firm-level panel data from 23,005 firm–year observations from Chinese A-share manufacturing firms spanning 2013–2023, this study constructs a moderated mediation model incorporating supply chain resilience and financing constraints. Results show that SCDigital significantly reduces disruption risk, with resilience acting as a key mediating mechanism and financing constraints weakening this effect. Heterogeneity analysis reveals that the risk-mitigating impact of digitalization is strongest for capital-intensive firms, indicating that industry characteristics can influence the value of digital transformation. The findings highlight the importance of digital transformation in enhancing firms’ operational stability and provide policy insights for improving financial flexibility to support digital resilience.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"93 ","pages":"Article 109623"},"PeriodicalIF":6.9,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146138663","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1177/00420980251408416
Nicholas Patrick Sweeney
Devolution is argued to reduce spatial inequalities by improving policymaking, tailoring policies and thus promoting (inclusive) economic growth. To assess this argument in the English context, I study the performance of the six regions that received increased powers via Mayoral Combined Authority status in 2017 under the Cities and Local Government Devolution Act (CLGDA) 2016. Using data spanning from 2011 to 2022 and a difference-in-differences approach with heterogeneous treatment effects, I analyse the influence of the first six years of devolution on economic growth. The findings show that devolved areas did not experience faster than expected growth. Moreover, within devolved areas, already wealthy districts consistently grew faster than poorer ones. In combination, these results paint a negative picture for the influence of the CLGDA 2016 as a tool for reducing between- or within-region economic inequalities, adding to a weight of literature questioning the efficacy of devolution in England.
{"title":"Devolution and economic growth in England’s City Regions","authors":"Nicholas Patrick Sweeney","doi":"10.1177/00420980251408416","DOIUrl":"https://doi.org/10.1177/00420980251408416","url":null,"abstract":"Devolution is argued to reduce spatial inequalities by improving policymaking, tailoring policies and thus promoting (inclusive) economic growth. To assess this argument in the English context, I study the performance of the six regions that received increased powers via Mayoral Combined Authority status in 2017 under the Cities and Local Government Devolution Act (CLGDA) 2016. Using data spanning from 2011 to 2022 and a difference-in-differences approach with heterogeneous treatment effects, I analyse the influence of the first six years of devolution on economic growth. The findings show that devolved areas did not experience faster than expected growth. Moreover, within devolved areas, already wealthy districts consistently grew faster than poorer ones. In combination, these results paint a negative picture for the influence of the CLGDA 2016 as a tool for reducing between- or within-region economic inequalities, adding to a weight of literature questioning the efficacy of devolution in England.","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"1 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146138526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1186/s13561-026-00733-z
Ck Oladayo, M Sibanda, L Makhele, M Matlala
{"title":"Cost of chemotherapy-related care for breast cancer care: evidence and implications from a provider perspective at a public tertiary hospital in South Africa.","authors":"Ck Oladayo, M Sibanda, L Makhele, M Matlala","doi":"10.1186/s13561-026-00733-z","DOIUrl":"https://doi.org/10.1186/s13561-026-00733-z","url":null,"abstract":"","PeriodicalId":46936,"journal":{"name":"Health Economics Review","volume":" ","pages":""},"PeriodicalIF":3.3,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146133269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1016/j.ecolecon.2026.108947
Fander Falconí, Rafael Burbano, Pedro Cango, Ruthy Intriago
{"title":"Extraction and dematerialization in Latin America, 1970–2023","authors":"Fander Falconí, Rafael Burbano, Pedro Cango, Ruthy Intriago","doi":"10.1016/j.ecolecon.2026.108947","DOIUrl":"https://doi.org/10.1016/j.ecolecon.2026.108947","url":null,"abstract":"","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"32 1","pages":""},"PeriodicalIF":7.0,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146135183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1016/j.frl.2026.109621
Haochen Chai , Yunjing Wang
Amid prolonged tensions in China–United States (US) relations and escalating geopolitical risks, enterprises’ internationalization decisions and global capital allocation face new uncertainties. This study takes Shanghai and Shenzhen A-share listed companies from 2007 to 2024 as the research sample to empirically examine the impact of China–US tensions on Chinese enterprises’ overseas capital allocation and its underlying mechanism. Baseline regression results indicate that intensified China–US tensions are significantly associated with increasing enterprises’ overseas capital allocation, and this conclusion remains robust following various robustness tests. Mechanism analysis reveals that China–US tensions exacerbate enterprises’ technological blockade pressure, prompting them to acquire technological resources and enhance supply chain security through overseas investments. We construct a technological blockade exposure index based on text mining of listed companies’ annual reports. Heterogeneity analysis demonstrates that this effect is more pronounced for nonstate-owned enterprises and those with senior executives that have overseas experience. This study validates the intrinsic transmission mechanism through which geopolitical shocks affect enterprises’ overseas capital allocation, enriching the relevant literature on the relationship between geopolitical risks and corporate internationalization behavior.
{"title":"China–US relations and overseas capital allocation of chinese firms","authors":"Haochen Chai , Yunjing Wang","doi":"10.1016/j.frl.2026.109621","DOIUrl":"10.1016/j.frl.2026.109621","url":null,"abstract":"<div><div>Amid prolonged tensions in China–United States (US) relations and escalating geopolitical risks, enterprises’ internationalization decisions and global capital allocation face new uncertainties. This study takes Shanghai and Shenzhen A-share listed companies from 2007 to 2024 as the research sample to empirically examine the impact of China–US tensions on Chinese enterprises’ overseas capital allocation and its underlying mechanism. Baseline regression results indicate that intensified China–US tensions are significantly associated with increasing enterprises’ overseas capital allocation, and this conclusion remains robust following various robustness tests. Mechanism analysis reveals that China–US tensions exacerbate enterprises’ technological blockade pressure, prompting them to acquire technological resources and enhance supply chain security through overseas investments. We construct a technological blockade exposure index based on text mining of listed companies’ annual reports. Heterogeneity analysis demonstrates that this effect is more pronounced for nonstate-owned enterprises and those with senior executives that have overseas experience. This study validates the intrinsic transmission mechanism through which geopolitical shocks affect enterprises’ overseas capital allocation, enriching the relevant literature on the relationship between geopolitical risks and corporate internationalization behavior.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"93 ","pages":"Article 109621"},"PeriodicalIF":6.9,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146147324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Journal of Futures Markets: Volume 46, Number 3, March 2026","authors":"","doi":"10.1002/fut.70086","DOIUrl":"https://doi.org/10.1002/fut.70086","url":null,"abstract":"","PeriodicalId":15863,"journal":{"name":"Journal of Futures Markets","volume":"46 3","pages":""},"PeriodicalIF":2.3,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/fut.70086","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146139621","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1016/j.ecolecon.2026.108951
Shangze Dai, Xinde James Ji
{"title":"Unintended carbon cost of automation technology in transforming economies: The role of capital dependence and structure change","authors":"Shangze Dai, Xinde James Ji","doi":"10.1016/j.ecolecon.2026.108951","DOIUrl":"https://doi.org/10.1016/j.ecolecon.2026.108951","url":null,"abstract":"","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"9 1","pages":""},"PeriodicalIF":7.0,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146135186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1016/j.eneco.2026.109193
Anton Pichler
{"title":"Five stylized facts on ownership, specialization, and investment in global power assets","authors":"Anton Pichler","doi":"10.1016/j.eneco.2026.109193","DOIUrl":"https://doi.org/10.1016/j.eneco.2026.109193","url":null,"abstract":"","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"304 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146134331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-02-07DOI: 10.1007/s11187-026-01180-0
Martin Obschonka, Moren Lévesque
Entrepreneurship research faces a growing challenge: studies using advanced AI methods are trusted less than those that do not. In a survey of 172 entrepreneurship scholars, we document a substantial trust discount—AI-based studies are perceived, as a category, to be significantly less credible than those using conventional statistical methods. To explain this outcome, we adapt Akerlof’s market-for-lemons framework and introduce the concept of “social lemons”: studies devalued due to deep epistemic opacity. This stems from a double-black-box challenge: opaque AI methods are applied to uncertain, elusive entrepreneurial phenomena. Echoing dysfunctional market dynamics in Akerlof’s market-for-lemons framework, this dual opacity can create conditions whereby flawed research goes undetected, while high-quality work is crowded out. We outline a multi-stakeholder roadmap for safeguarding research credibility, offering actionable measures to help transform today’s trust discount into a future trust dividend—positioning AI as an accelerator of insight, rather than a source of doubt.
{"title":"AI, trust, and the market for lemons: rethinking the credibility of entrepreneurship research","authors":"Martin Obschonka, Moren Lévesque","doi":"10.1007/s11187-026-01180-0","DOIUrl":"https://doi.org/10.1007/s11187-026-01180-0","url":null,"abstract":"Entrepreneurship research faces a growing challenge: studies using advanced AI methods are trusted less than those that do not. In a survey of 172 entrepreneurship scholars, we document a substantial trust discount—AI-based studies are perceived, as a category, to be significantly less credible than those using conventional statistical methods. To explain this outcome, we adapt Akerlof’s market-for-lemons framework and introduce the concept of “social lemons”: studies devalued due to deep epistemic opacity. This stems from a <jats:italic>double-black-box</jats:italic> challenge: opaque AI methods are applied to uncertain, elusive entrepreneurial phenomena. Echoing dysfunctional market dynamics in Akerlof’s market-for-lemons framework, this dual opacity can create conditions whereby flawed research goes undetected, while high-quality work is crowded out. We outline a multi-stakeholder roadmap for safeguarding research credibility, offering actionable measures to help transform today’s trust discount into a future trust dividend—positioning AI as an accelerator of insight, rather than a source of doubt.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"59 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2026-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146138656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}