Research on the Impact Mechanism of Government Subsidies on Enterprise Cost Stickinesss
The existing literature has not complete systematic cognition of the relationship between goverment subsides and cost stikiness.Based on the realistic background of the government as a"visible hand"participating in the market economy,this article integrates government subsidies and enterprise cost stickiness into the same framework.The results show that government subsidies can enhance the stickiness of enterprise costs,and its formation mechanism is mainly influenced by management agency,optimistic expectations and cost adjustment.This achievement has certain reference significance for the government to effectively implement macroeconomic regulation and control.
government subsidiescost stickinessprincipal-agent