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货币政策视角下零杠杆策略与企业全要素生产率 被引量:1
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作者 张肖飞 史璐寒 谢香兵 《产业经济评论》 2023年第1期49-67,共19页
实体经济是国民经济的“压舱石”,如何提升企业全要素生产率成为促进实体经济高质量发展的关键。本文以沪深A股上市公司为研究样本,探讨了货币政策视角下零杠杆策略对企业全要素生产率的影响。结果表明:零杠杆策略会显著降低企业全要素... 实体经济是国民经济的“压舱石”,如何提升企业全要素生产率成为促进实体经济高质量发展的关键。本文以沪深A股上市公司为研究样本,探讨了货币政策视角下零杠杆策略对企业全要素生产率的影响。结果表明:零杠杆策略会显著降低企业全要素生产率;货币政策则发挥了有效的调节作用,即在货币政策紧缩时,零杠杆策略降低企业全要素生产率更明显,这也说明了货币政策调控的必要性和有效性。作用机制分析表明,零杠杆策略主要通过降低投资效率来实现。进一步从零杠杆策略实施动因来看,不管融资约束高还是低,零杠杆策略均会降低企业全要素生产率。稳健性检验表明该结果不变。这一方面有助于全面揭示零杠杆策略对企业全要素生产率的影响机理,另一方面,我国应根据实体企业自身特点,有针对性地实施货币政策调控,提升企业全要素生产率,从而促进经济高质量发展。 展开更多
关键词 零杠杆策略 货币政策 投资效率 全要素生产率
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Analysis of amino acid enantiomers in ambient aerosols:Effects and removal of coexistent aerosol matrix
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作者 Ying Li Xiaoying Li +5 位作者 Libin Wu luhan shi ShanWang Pingqing Fu Yingyi Zhang Senchao Lai 《Journal of Environmental Sciences》 SCIE EI CAS CSCD 2024年第3期732-740,共9页
Amino acids(AAs)including D-and L-enantiomers are a group of organic nitrogen species in ambient aerosol.Due to the low abundances of AAs(level of ng/m^(3))and the matrix effects by coexistent components,it is challen... Amino acids(AAs)including D-and L-enantiomers are a group of organic nitrogen species in ambient aerosol.Due to the low abundances of AAs(level of ng/m^(3))and the matrix effects by coexistent components,it is challenging to quantify AA enantiomers in ambient aerosols especially under pollution conditions.In this study,we present an optimized method for analyzing AA enantiomers in atmospheric aerosol samples including a pretreatment process and the detection by high performance liquid chromatography coupled to a fuorescence detector(HPLC-FLD).Matrix effects caused by coexistent chemicals on AA enantiomers analysis in ambient aerosol samples were investigated especially for those collected in pollution episodes.The results revealed that the determination of AA enantiomers is significantly affected by the coexistent organic carbon(as a proxy of organic matter)and water-soluble ion of NH_(4)^(+).To remove the matrix effects,we applied a pretreatment using the solid phase extraction column coupled with alkaline adjustment to sample extract.After pretreatment,18 AAs including 6 pairs of D-and L-enantiomers(i.e.,leucine,isoleucine,valine,alanine,serine,and aspartic acid)can be successfully separated and quantified in aerosol samples by HPLC-FLD.The recoveries are in the range of 67%-106%.This method was successfully applied to the urban aerosol samples from pollution and non-pollution periods for AA enantiomers determination.We suggest that the concentrations of D-AAs and the ratio of D-AA/L-AA are indicative of the contribution of bacterial sources and the infuence of biomass burning. 展开更多
关键词 Amino acid enantiomers Atmospheric aerosol Organic carbon AMMONIA Chiral ratio
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