Does eco-friendly tourism necessary for entrepreneurship? The role of tourism and innovation in sustainable development
In: Environmental science and pollution research: ESPR, Band 30, Heft 35, S. 84183-84199
ISSN: 1614-7499
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In: Environmental science and pollution research: ESPR, Band 30, Heft 35, S. 84183-84199
ISSN: 1614-7499
PPP withdrawal policy is helpful to reduce over-investment in PPPs leading to sustainable development. However, little is known about the role of local governments on over-investment in PPPs. Using the PPP Project Platform Data, a unique dataset, this article is able to quantify over-investment in PPPs by coding PPP withdrawal for the first time. This research tests the influencing factors of PPP withdrawal at the municipal level, according to the centralized withdrawal policy in late 2017 as an exogenous treatment. Based on the theory of over-investment to rapid economic growth, this study develops a two-pillar framework under the combination of political man and economic man assumptions to explain the PPP withdrawal of local governments. The results show that both official tenure and fiscal capacity are significant factors. In addition, debt partially mediates the mayor tenure on PPP withdrawal, and the land revenue growth can hinder the negative relationship between mayor tenure and PPP withdrawal. It implies that over-investment in PPPs is strongly influenced by official leaders' personal promotion incentive and official group members' collective benefit. Thus, our findings indicate that the centralized withdrawal policy is an effective instrument to prevent over-investment in PPPs. Moreover, a match should be formed between local development planning and investment plans to promote sustainable of PPP investment.
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In: HELIYON-D-22-17451
SSRN
In: Computer Applications in Sustainable Forest Management, S. 127-142
In: Materials and design, Band 191, S. 108593
ISSN: 1873-4197
In: Materials & Design (1980-2015), Band 62, S. 352-360
In: DES-D-22-01309
SSRN
In: Materials and design, Band 186, S. 108335
ISSN: 1873-4197
In: Materials and design, Band 180, S. 108070
ISSN: 1873-4197
In: Materials and design, Band 125, S. 100-108
ISSN: 1873-4197
In: Materials and design, Band 83, S. 270-275
ISSN: 1873-4197
In: Materials & Design, Band 76, S. 71-76
In: Materials & Design (1980-2015), Band 54, S. 727-733
In: Materials & Design, Band 53, S. 1-7
In: Materials & Design, Band 35, S. 120-125