基地研究员任晓航副教授合作论文“Government procurement and corporate vertical specialization”在重要学术期刊Finance Research Letters发表。

Finance Research Letters是金融领域国际知名期刊，研究内容涵盖公司金融、资产定价、金融市场与机构、风险管理、国际金融、行为金融、金融工程等金融学的诸多领域。

摘要：Vertical specialization (VS) is crucial for enhancing enterprise competitiveness and upgrading industrial structure in the intense global market competition. We examine the impact of government procurement (GP) on the VS of Chinese A-share listed enterprises between 2015 and 2022. We find that GP significantly promotes VS, with a stronger effect observed in private enterprises, highly competitive industries, and high-tech industries. Reducing transaction cost is a key pathway through which GP enhances VS. This paper presents a novel perspective on GP's influence on enterprise behavior, offering empirical evidence in optimizing procurement policies and fostering enterprise VS.

关键词：Government procurement；Vertical specialization；Transaction costs

论文链接：https://doi.org/10.1016/j.frl.2025.107059

教师简介

任晓航，中南大学商学院特聘副教授，Elsevier中国高被引学者，全球前2%顶尖科学家，主要从事能源金融、金融风险、金融计量等方面的研究，在Journal of the American Statistical Association、Transportation Research Part A、Energy Economics、Quantitative Finance、Review of Quantitative Finance and Accounting、International Review of Financial Analysis、Technological Forecasting and Social Change、Business Strategy and the Environment、Pacific-Basin Finance Journal、Applied Energy、Resources Policy、Renewable & Sustainable Energy Review、Energy、管理科学学报（英文版）、系统工程理论与实践、中国管理科学等国内外权威期刊上发表论文一百余篇，其中ESI热点文章/高被引论文三十余篇。担任Sustainable Communities(Taylor & Francis)领域主编，Humanities & Social Sciences Communications（Nature旗下唯一面向人文社会科学的子刊）等期刊副主编，Climate Change Economics, Economic Change and Restructuring等SSCI期刊客座主编。