Work

How does the fair competition policy upgrade enterprises' value chains

Year: 2025

Type: article

Abstract: Enhancing the value chain of enterprises is essential for a nation's global economic and policy standing. This study examines how A-share listed corporations from 2009 to 2023 can enhance an enterprise's value chain from a legal standpoint. This research uses the difference-in-differences (DID) technique to investigate the causal relationship between implementing a fair competition policy and enhancing company value. Implementing the fair competition policy can significantly enhance the upgrading of firms' value chains by improving total factor productivity and specialization. Moreover, the distinct characteristics of various enterprises and their respective regional legal contexts lead to different policy efficacy. This report offers critical insights for the government to establish an optimal business climate and enhance firms' value chain.

Source: International Review of Economics & Finance

DOI: 10.1016/j.iref.2025.104196

Authors: Haiyan Jiang, Wan Li

Institutions: Minzu University of China, Hebei Minzu Normal University, Dalian Polytechnic University

Language: English

Topic: Merger and Competition Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $1,930