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Maoguang Wang

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Aug 2026

Public Digital Infrastructure Investment and Corporate Digital Transformation: Evidence from New Infrastructure Special Bonds in China

The baseline results indicate that new infrastructure special bonds significantly enhance corporate digital transformation, and this effect intensifies with larger bond issuance volumes, revealing a clear dose-response pattern.

Jian-Xiang Zhang, Maoguang Wang, Xin-Zi Xia · 0 citations

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