Financial eco-environment, financial resource allocation efficiency, and dynamic adjustment of corporate capital structure

This dataset contains the unbalanced panel data used in the study, covering Chinese A-share listed firms from 2013 to 2024 (27,254 firm-year observations). It features the manually constructed city-level Financial Eco-environment Index, key mechanism variables for financial resource allocation efficiency, and firm-level financial controls. The data supports the replication of the dynamic partial adjustment model, threshold regression analysis, and robustness checks (including the alternative interest-bearing liability ratio and pre-pandemic subsamples).