{"id":"https://openalex.org/W4312287361","doi":"https://doi.org/10.1145/3556089.3556100","title":"The impact of stock market concentration on economic growth","display_name":"The impact of stock market concentration on economic growth","publication_year":2022,"publication_date":"2022-07-16","ids":{"openalex":"https://openalex.org/W4312287361","doi":"https://doi.org/10.1145/3556089.3556100"},"language":"en","primary_location":{"id":"doi:10.1145/3556089.3556100","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3556089.3556100","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 13th International Conference on E-business, Management and Economics","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100452750","display_name":"Han Wang","orcid":"https://orcid.org/0000-0003-1823-9194"},"institutions":[{"id":"https://openalex.org/I36399199","display_name":"Nanjing University of Science and Technology","ror":"https://ror.org/00xp9wg62","country_code":"CN","type":"education","lineage":["https://openalex.org/I36399199"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Han Wang","raw_affiliation_strings":["School of Economics and Management, Nanjing University of Science and Technology, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Nanjing University of Science and Technology, China","institution_ids":["https://openalex.org/I36399199"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5073514501","display_name":"Yan Zhou","orcid":"https://orcid.org/0000-0002-4323-3467"},"institutions":[{"id":"https://openalex.org/I36399199","display_name":"Nanjing University of Science and Technology","ror":"https://ror.org/00xp9wg62","country_code":"CN","type":"education","lineage":["https://openalex.org/I36399199"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yan Zhou","raw_affiliation_strings":["School of Economics and Management, Nanjing University of Science and Technology, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Nanjing University of Science and Technology, China","institution_ids":["https://openalex.org/I36399199"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I36399199"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.30354541,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"320","last_page":"325"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9829000234603882,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9829000234603882,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9731000065803528,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9480999708175659,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.8121169209480286},{"id":"https://openalex.org/keywords/stock-market-bubble","display_name":"Stock market bubble","score":0.5938568115234375},{"id":"https://openalex.org/keywords/stock-exchange","display_name":"Stock exchange","score":0.554581880569458},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5258867144584656},{"id":"https://openalex.org/keywords/initial-public-offering","display_name":"Initial public offering","score":0.4915526807308197},{"id":"https://openalex.org/keywords/primary-market","display_name":"Primary market","score":0.48906999826431274},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.47643619775772095},{"id":"https://openalex.org/keywords/market-depth","display_name":"Market depth","score":0.4639410972595215},{"id":"https://openalex.org/keywords/growth-stock","display_name":"Growth stock","score":0.44184350967407227},{"id":"https://openalex.org/keywords/market-maker","display_name":"Market maker","score":0.43371912837028503},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.42963409423828125},{"id":"https://openalex.org/keywords/restricted-stock","display_name":"Restricted stock","score":0.4162146747112274},{"id":"https://openalex.org/keywords/market-concentration","display_name":"Market concentration","score":0.41294926404953003},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.32305824756622314},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.2165185809135437},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.2009233832359314},{"id":"https://openalex.org/keywords/market-structure","display_name":"Market structure","score":0.1640968918800354}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.8121169209480286},{"id":"https://openalex.org/C12747933","wikidata":"https://www.wikidata.org/wiki/Q13405082","display_name":"Stock market bubble","level":4,"score":0.5938568115234375},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.554581880569458},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5258867144584656},{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"score":0.4915526807308197},{"id":"https://openalex.org/C206913280","wikidata":"https://www.wikidata.org/wiki/Q1349203","display_name":"Primary market","level":4,"score":0.48906999826431274},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.47643619775772095},{"id":"https://openalex.org/C33400823","wikidata":"https://www.wikidata.org/wiki/Q1419119","display_name":"Market depth","level":4,"score":0.4639410972595215},{"id":"https://openalex.org/C143591128","wikidata":"https://www.wikidata.org/wiki/Q1746791","display_name":"Growth stock","level":5,"score":0.44184350967407227},{"id":"https://openalex.org/C18991353","wikidata":"https://www.wikidata.org/wiki/Q1137319","display_name":"Market maker","level":4,"score":0.43371912837028503},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.42963409423828125},{"id":"https://openalex.org/C148126853","wikidata":"https://www.wikidata.org/wiki/Q7316309","display_name":"Restricted stock","level":4,"score":0.4162146747112274},{"id":"https://openalex.org/C2779713992","wikidata":"https://www.wikidata.org/wiki/Q2559581","display_name":"Market concentration","level":3,"score":0.41294926404953003},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.32305824756622314},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2165185809135437},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.2009233832359314},{"id":"https://openalex.org/C155739000","wikidata":"https://www.wikidata.org/wiki/Q877707","display_name":"Market structure","level":2,"score":0.1640968918800354},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3556089.3556100","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3556089.3556100","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2022 13th International Conference on E-business, Management and Economics","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.49000000953674316,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W1481101589","https://openalex.org/W1524622508","https://openalex.org/W2065632438","https://openalex.org/W2143127107","https://openalex.org/W2735987018","https://openalex.org/W3122219151","https://openalex.org/W3122778615","https://openalex.org/W3125574485","https://openalex.org/W3125730901"],"related_works":["https://openalex.org/W4319980142","https://openalex.org/W2348346520","https://openalex.org/W4396561861","https://openalex.org/W4294190660","https://openalex.org/W3046296447","https://openalex.org/W4307715529","https://openalex.org/W2239435718","https://openalex.org/W3169340195","https://openalex.org/W2381017414","https://openalex.org/W1872635031"],"abstract_inverted_index":{"Based":[0],"on":[1,52],"the":[2,7,19,22,29,39,45,48,75],"stock":[3,32,40,49,60],"trading":[4],"data":[5],"of":[6,11,21,25,47,74],"main":[8],"board":[9],"market":[10,23,31,33,41,50],"Shanghai":[12],"and":[13,71],"Shenzhen":[14],"from":[15],"1993":[16],"to":[17,37,43,64],"2021,":[18],"proportion":[20],"value":[24,34],"large":[26],"companies":[27],"in":[28],"whole":[30],"is":[35],"used":[36],"measure":[38],"concentration,":[42],"explore":[44],"impact":[46],"concentration":[51,61],"economic":[53],"growth.":[54],"The":[55],"results":[56],"show":[57],"that":[58],"high":[59],"will":[62],"lead":[63],"lower":[65],"IPO":[66],"size,":[67],"reduced":[68],"innovation":[69],"activity,":[70],"slower":[72],"growth":[73],"economy.":[76]},"counts_by_year":[],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}