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China Economic Quarterly International最新文献

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Green credit policy, credit discrimination and corporate debt financing 绿色信贷政策、信贷歧视和企业债务融资
China Economic Quarterly International Pub Date : 2024-03-01 DOI: 10.1016/j.ceqi.2024.03.004
Junjie Guo , Ying Fang
{"title":"Green credit policy, credit discrimination and corporate debt financing","authors":"Junjie Guo ,&nbsp;Ying Fang","doi":"10.1016/j.ceqi.2024.03.004","DOIUrl":"https://doi.org/10.1016/j.ceqi.2024.03.004","url":null,"abstract":"<div><p>Using the data of listed companies and the DID method, this paper reveals three ways in which green credit policy (GCP) affects corporate debt financing. By controlling credit input, GCP can effectively restrain corporate debt financing in the “two-high” industries. However, the policy also leads to the environmental performance effect and bank credit discrimination effect, as it strengthens the impact of environmental performance on corporate debt financing and weakens banks’ credit discrimination. Under the combined effect of the three ways, GCP has restrained the borrowing growth of state-owned enterprises, but has no significant impact on private firms.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"4 1","pages":"Pages 42-54"},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933124000157/pdfft?md5=31195a5c2ed0280dc2bff27934d73d68&pid=1-s2.0-S2666933124000157-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140328371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exploring the spatial spillover effects of intellectual property protection and influencing factors 探索知识产权保护的空间溢出效应及其影响因素
China Economic Quarterly International Pub Date : 2023-12-01 DOI: 10.1016/j.ceqi.2023.12.001
Qingfeng Luo, Xi Zhao
{"title":"Exploring the spatial spillover effects of intellectual property protection and influencing factors","authors":"Qingfeng Luo,&nbsp;Xi Zhao","doi":"10.1016/j.ceqi.2023.12.001","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.12.001","url":null,"abstract":"<div><p>This study investigates the spatial dynamics of intellectual property (IP) protection in China, a topic garnering significant attention both domestically and internationally amid the country's innovation-driven development and emphasis on IP strategies. Utilizing panel data from 284 prefecture-level cities from 2005 to 2021, the spatial Durbin model is employed to analyze the spatial correlation and determinants of IP protection. Findings reveal a notable positive spatial dependence and spillover effects of IP protection. The spatial dependence is more pronounced between geographically adjacent cities than those with close economic ties. Moreover, patent output and the presence of national IP demonstration cities significantly bolster IP protection levels, underscoring the importance of both quality and a balanced quantity of patents. The impact of these factors varies with regional and urban scale heterogeneity, with more pronounced effects in eastern and larger cities. This research underscores the positive spatial effects of IP protection and its role in enhancing regional innovation capabilities, fostering high-quality economic development, and supporting innovation-driven strategies, offering valuable theoretical and practical insights.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 4","pages":"Pages 260-272"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000515/pdfft?md5=57e82057bec759ce23266cc6c1c71d09&pid=1-s2.0-S2666933123000515-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139503896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
How does the universal two-child policy affect fertility behavior? 全面二孩政策如何影响生育行为？
China Economic Quarterly International Pub Date : 2023-12-01 DOI: 10.1016/j.ceqi.2023.11.002
Run Ge , Xinzheng Shi
{"title":"How does the universal two-child policy affect fertility behavior?","authors":"Run Ge ,&nbsp;Xinzheng Shi","doi":"10.1016/j.ceqi.2023.11.002","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.11.002","url":null,"abstract":"<div><p>The Chinese government implemented the universal two-child policy on January 1, 2016 to arrest the decline in the nation's birthrate and address the challenge of a rapidly aging population. We find that this policy significantly increased the possibility of having children and this effect was not attenuated from 2016 to 2018. This policy can explain 14.8% of the average number of newborns in 2016–2018. Our back-of-the-envelope calculation suggests that the three-child policy implemented in 2021 will bring additional 283.2 thousand newborns each year.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 4","pages":"Pages 227-237"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000497/pdfft?md5=f37b1fe2047ab397ed82be022ab627f5&pid=1-s2.0-S2666933123000497-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138570635","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Moving with the wind: Environmental regulation avoidance and the adjustment of firms’ location 随风而动：规避环境监管与企业选址调整
China Economic Quarterly International Pub Date : 2023-12-01 DOI: 10.1016/j.ceqi.2023.11.001
Guoqin Pan , Qun Bao , Rui Huang
{"title":"Moving with the wind: Environmental regulation avoidance and the adjustment of firms’ location","authors":"Guoqin Pan ,&nbsp;Qun Bao ,&nbsp;Rui Huang","doi":"10.1016/j.ceqi.2023.11.001","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.11.001","url":null,"abstract":"<div><p>Polluting firms typically relocate to avoid stringent environmental regulations. Based on China's Two Control Zones (TCZ) policy, we examine the impact of environmental regulation on firms' location decisions. The results show that in the upwind TCZ near interprovincial areas, the distance of polluting firms to the border is significantly reduced after environmental regulation is tightened. This finding provides new evidence for the need to strengthen regional joint prevention and control to prevent trans-regional pollution transfer.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 4","pages":"Pages 238-247"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000485/pdfft?md5=c0d6ded54636a07ccbebd7e9888f2f11&pid=1-s2.0-S2666933123000485-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139100835","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Agglomeration and innovation: Evidence from skyscraper development in China 集聚与创新：中国摩天大楼发展的证据
China Economic Quarterly International Pub Date : 2023-12-01 DOI: 10.1016/j.ceqi.2023.11.003
Songlin Li , Xiuyan Liu , Qiao Wang
{"title":"Agglomeration and innovation: Evidence from skyscraper development in China","authors":"Songlin Li ,&nbsp;Xiuyan Liu ,&nbsp;Qiao Wang","doi":"10.1016/j.ceqi.2023.11.003","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.11.003","url":null,"abstract":"<div><p>The effects of skyscraper development on surrounding firms' innovation in China is assessed in this paper, and empirical results show that skyscraper development significantly promotes the innovation of firms within 1 ​km of skyscrapers. However, such effect only exists around very tall skyscrapers in large cities. This means that skyscraper development in small cities often is unfit for the economic fundamentals of these cities, which may weaken the positive externalities generated by skyscrapers. The mechanism analysis in this paper shows that increased surrounding population density brought by skyscraper development and knowledge sharing between firms surrounding the skyscrapers and other firms in the same city are the main paths through which skyscrapers affect innovation.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 4","pages":"Pages 273-283"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000503/pdfft?md5=885dbe12446d6d41220eb7539427f443&pid=1-s2.0-S2666933123000503-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139653792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Extracurricular tutoring fever: Competitive pressure and peer effect 课外辅导热：竞争压力和同伴效应
China Economic Quarterly International Pub Date : 2023-12-01 DOI: 10.1016/j.ceqi.2023.12.002
Changhong Li , Wenlian Lin
{"title":"Extracurricular tutoring fever: Competitive pressure and peer effect","authors":"Changhong Li ,&nbsp;Wenlian Lin","doi":"10.1016/j.ceqi.2023.12.002","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.12.002","url":null,"abstract":"<div><p>Recently, China's Ministry of Education has established a new department to regulate extracurricular tutoring for the purpose of reducing students' excessive academic burden. In this paper, we provide empirical evidence that academic competitiveness among students is a key driver of the extracurricular tutoring fever. Using the China Education Panel Survey (CEPS) data, we show that when their competitors attend extracurricular tutoring, students keep up with the actions of competitors, generating the peer effect of extracurricular tutoring. This effect is more pronounced for students with stronger competitive preferences. However, this irrational imitation behavior does not improve students' academic performance.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 4","pages":"Pages 248-259"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000527/pdfft?md5=e4e31a3103356291db08d4d3aa7c887d&pid=1-s2.0-S2666933123000527-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139399000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effects of the entries by bike-sharing platforms on urban air quality 共享单车平台进入对城市空气质量的影响
China Economic Quarterly International Pub Date : 2023-09-01 DOI: 10.1016/j.ceqi.2023.09.003
Guangyu Cao , Li-An Zhou , Chang Liu , Jingxin Zhou
{"title":"The effects of the entries by bike-sharing platforms on urban air quality","authors":"Guangyu Cao ,&nbsp;Li-An Zhou ,&nbsp;Chang Liu ,&nbsp;Jingxin Zhou","doi":"10.1016/j.ceqi.2023.09.003","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.09.003","url":null,"abstract":"<div><p>We study the effects of bike-sharing usage on urban air quality in China. Our Difference-in-Differences strategy exploits the staggered entries by two leading bike-sharing companies, ofo and Mobike, and utilizes city-day panel data. We find that the entries of the two bike-sharing platforms can reduce PM<sub>2.5</sub> by 3.832 ​μg/m<sup>3</sup>. Further analyses imply that the effects are more conspicuous on pollutants from the exhaust emission of vehicles, increase with the usage intensity of bike-sharing service, and are more pronounced in cities with well-developed rail transit or those located in the Beijing-Tianjin-Hebei Air Pollution Transmission Channel.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 3","pages":"Pages 213-224"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49705800","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of tariff increase on export and employment of Chinese firms 关税上调对中国企业出口和就业的影响
China Economic Quarterly International Pub Date : 2023-09-01 DOI: 10.1016/j.ceqi.2023.08.002
Yang Ding , Yuanchun Liu
{"title":"The Impact of tariff increase on export and employment of Chinese firms","authors":"Yang Ding ,&nbsp;Yuanchun Liu","doi":"10.1016/j.ceqi.2023.08.002","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.08.002","url":null,"abstract":"<div><p>This paper examines the impact of the tariff increase implemented by the U.S. in 2018 on Chinese firms' export and subsequent employment adjustment. Under the influence of front run shipment and expected stock pile, the export volume increased by 10% after the tariff increase in 2018. While firm employment remains stable, the average working hour and wage increased. In 2019, with the impact of tariff increase gradually emerging, the export volume declined significantly. However, Chinese exporter did not cut jobs on a large scale. Instead, they reduced the per capita working hour and other employment costs, leading to a simultaneous decline in wage and non-cash benefits. The latter contributes to more than 42% of the decline. Our study indicates that the impact of tariff on employment is mainly reflected in the intensive rather than extensive margin.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 3","pages":"Pages 155-166"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49706059","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Education burden reduction, family education investment, and education equity 减轻教育负担、家庭教育投入、教育公平
China Economic Quarterly International Pub Date : 2023-09-01 DOI: 10.1016/j.ceqi.2023.09.001
Zikun Zhou , Xiaoyan Lei , Yan Shen
{"title":"Education burden reduction, family education investment, and education equity","authors":"Zikun Zhou ,&nbsp;Xiaoyan Lei ,&nbsp;Yan Shen","doi":"10.1016/j.ceqi.2023.09.001","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.09.001","url":null,"abstract":"<div><p>How to effectively reduce the burden of students has received widespread attention in recent years. A series of burden reduction policies have been issued, yet there exists large dispute over the effectiveness of these policies. To assess the impact of the burden reduction policies, we construct a theoretical model and test its hypotheses with the constructed policy index and micro-level information from the CFPS dataset. We find that the burden reduction policies implemented during 2005–2018 were generally ineffective, but enlarged the difference in both family education investments and education output between students from high and low income families.</p></div>","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 3","pages":"Pages 179-194"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49706277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Erratum regarding previously published articles 关于以前发表的文章的勘误
China Economic Quarterly International Pub Date : 2023-09-01 DOI: 10.1016/j.ceqi.2023.09.004
{"title":"Erratum regarding previously published articles","authors":"","doi":"10.1016/j.ceqi.2023.09.004","DOIUrl":"https://doi.org/10.1016/j.ceqi.2023.09.004","url":null,"abstract":"","PeriodicalId":100238,"journal":{"name":"China Economic Quarterly International","volume":"3 3","pages":"Page 225"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2666933123000345/pdfft?md5=a818f0e825e28d826306f9a4a37bdfa4&pid=1-s2.0-S2666933123000345-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91964103","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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