R&D intensity on trade credit
Published: 7 October 2024| Version 1 | DOI: 10.17632/y64bxd9vzw.1
Contributor:
Mengchun LiDescription
Research hypothesis: 1. R&D intensity positively impacts trade credit received by a firm through reduced operating costs. 2. Digital transformation weakens the positive effect of R&D intensity on trade credit. 3. R&D intensity’s impacts on trade credit are more pronounced during economic upturns compared with downturns. 4. The positive impact of R&D intensity on trade credit is more significant in large firms, highly polluting firms, and firms with lower supplier concentrations. Sheet1 is preprocessed data as described in 3.1. The latter sheets are subsamples to verify heterogeneity and test robustness.
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Finance