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Artificial Intelligence Development and the maturity mismatch between investment and financing: evidence from China
- Truvace record
- TRV-2026-2648raw data (JSON)
- Version
- v1Published
- First published
- Evidence type
- Observational study
- Sources
- 1 sourcePeer-reviewed
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Using China’s National New Generation Artificial Intelligence Innovation Development Pilot Zones as a quasi-natural experiment, this study examines the relationship between the AI pilot policy and firms’ investment–financing maturity mismatch. Based on a sample of Chinese A-share listed manufacturing firms from 2009 to 2024, we employ a staggered difference-in-differences approach. The results show that the pilot policy significantly reduces firms’ investment–financing maturity mismatch. Mechanism analysis indic…
The gain
A study of Chinese A-share listed manufacturing firms from 2009 to 2024 found that China's AI pilot zone policy significantly reduced firms' mismatch between the maturity of their investment and their financing.
Sources
1 on file- Applied Economics Lettersdoi:10.1080/13504851.2026.2741408
Cite this record
v1Truvace Impact Record TRV-2026-2648, v1: “Artificial Intelligence Development and the maturity mismatch between investment and financing: evidence from China.” Truvace, 2026-11-12. /record/TRV-2026-2648 (accessed on the day you copy it). sha256 afb8981093b602d8…
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