% ============================================================================
\section{Conclusion}
\label{sec:conclusion}
% ============================================================================

This paper investigates \ldots{} Using data from \ldots{} over the period \ldots{}, we find that \ldots{}

Our results contribute to the literature in several ways. First, \ldots{} Second, \ldots{} Third, \ldots{}

These findings have important implications for \ldots{} From a policy perspective, \ldots{} For practitioners, \ldots{}

Several limitations of the present study suggest directions for future research. First, \ldots{} Second, \ldots{} We leave these questions for future work.