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僵尸企业对劳动收入份额具有挤出效应吗?
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作者 陈玥 赵立萍 +1 位作者 张明媚 江轩宇 《中国会计评论》 2023年第1期43-82,共40页
本文利用2003—2019年沪深A股数据,基于竞争条件下外部不经济性的分析框架,考察僵尸企业对正常企业的劳动收入份额的影响。研究结果表明,僵尸企业显著挤出了正常企业的劳动收入份额,具有明显的负外部性,且提高债务融资成本是僵尸企业降... 本文利用2003—2019年沪深A股数据,基于竞争条件下外部不经济性的分析框架,考察僵尸企业对正常企业的劳动收入份额的影响。研究结果表明,僵尸企业显著挤出了正常企业的劳动收入份额,具有明显的负外部性,且提高债务融资成本是僵尸企业降低正常企业劳动收入份额的重要路径之一。进一步研究发现:(1)僵尸企业占比的提高使得正常企业更愿意用资本替代劳动力;(2)当正常企业面临的融资约束水平较高或所在省份的市场化程度较低时,僵尸企业对正常企业劳动收入份额的挤出效应更加明显;(3)僵尸企业对僵尸企业自身的劳动收入份额无显著影响。本文的发现在理论上补充了劳动收入份额影响因素以及僵尸企业经济后果方面的研究,在实践上有助于增强我们对僵尸企业负外部性的认识和实现民生福祉达到新水平的时代目标。 展开更多
关键词 僵尸企业 劳动收入份额 融资约束
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Microbe-derived non-necrotic glycoside hydrolase family 12 proteins act as immunogenic signatures triggering plant defenses
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作者 Lan Wang Hanmei Liu +7 位作者 mingmei zhang Yu Ye Lei Wang Jinyi Zhu Zhaodan Chen Xiaobo Zheng Yan Wang Yuanchao Wang 《Journal of Integrative Plant Biology》 SCIE CAS CSCD 2022年第10期1966-1978,共13页
Plant pattern recognition receptors(PRRs)are sentinels at the cell surface sensing microbial invasion and activating innate immune responses.During infection,certain microbial apoplastic effectors can be recognized by... Plant pattern recognition receptors(PRRs)are sentinels at the cell surface sensing microbial invasion and activating innate immune responses.During infection,certain microbial apoplastic effectors can be recognized by plant PRRs,culminating in immune responses accompanied by cell death.However,the intricated relationships between the activation of immune responses and cell death are unclear.Here,we studied the glycoside hydrolase family12(GH12)protein,Ps109281,secreted by Phytophthora sojae into the plant apoplast during infection.Ps109281 exhibits xyloglucanase activity,and promotes P.sojae infection in a manner dependent on the enzyme activity.Ps109281 is recognized by the membranelocalized receptor-like protein RXEG1 and triggers immune responses in various plant species.Unlike other characterized GH12 members,Ps109281 fails to trigger cell death in plants.The loss of cell death induction activity is closely linked to a sequence polymorphism at the Nterminus.This sequence polymorphism does not affect the in planta interaction of Ps109281 with the recognition receptor RXEG1,indicating that cell death and immune response activation are determined using different regions of the GH12 proteins.Such GH12 protein also exists in other Phytophthora and fungal pathogens.Taken together,these results unravel the evolution of effector sequences underpinning different immune outputs. 展开更多
关键词 apoplastic effector cell death glycoside hydrolases immune recognition immune responses
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