The Chinese Economy最新文献_第5页

Does China’s Education and Cultural Diplomacy Promote Economic Growth in the Belt and Road Countries? 中国的教育和文化外交是否促进了“一带一路”国家的经济增长?

The Chinese Economy Pub Date : 2023-07-22 DOI: 10.1080/10971475.2023.2234791

A. Sattar, Abida Hassan, Muhammad Noshab Hussain, Uzma Sakhi, Teme Temesgen Hordofa

引用次数: 0

Social Capital and Self-Employment Dynamics in China 中国社会资本与个体就业动态

The Chinese Economy Pub Date : 2023-07-03 DOI: 10.1080/10971475.2023.2227028

Ke Lyu

{"title":"Social Capital and Self-Employment Dynamics in China","authors":"Ke Lyu","doi":"10.1080/10971475.2023.2227028","DOIUrl":"https://doi.org/10.1080/10971475.2023.2227028","url":null,"abstract":"Abstract Opportunity-driven entrepreneurship can stimulate economic growth and foster technology innovation, while subsistence-driven self-employment can have the opposite effect. In China, a country with a typical relational society and a middle-income status, the nature of nonagricultural self-employment remains contentious. Examining the influence of social capital on entrepreneurial activities can provide insight into the nature of entrepreneurial activities in China, although this issue has received relatively little attention in the literature. To address this gap, this study employs multivariate discrete choice modeling on national representative samples from the China Family Panel Studies dataset to assess the relationship between social capital and entrepreneurship dynamics. The results indicate that relational, structural, and cognitive social capital all affect entrepreneurial dynamics, and these effects vary between urban and rural areas. Individuals who are less likely to be members of an organization, who are less conscientious, and who have low levels of trust and gift expenses are more likely to become self-employed. Conversely, people with high trust, strong conscientiousness, and low social status are more likely to exit self-employment. In addition, individuals with lower levels of human capital are more likely to both enter and exit self-employment. These findings suggest that self-employment tends to be subsistence-driven in China, which has implications for policymakers seeking to promote opportunity-driven entrepreneurial activities.","PeriodicalId":22382,"journal":{"name":"The Chinese Economy","volume":"33 1","pages":"459 - 485"},"PeriodicalIF":0.0,"publicationDate":"2023-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87980969","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

Effective VAT Rates, Tax Efficiency and Burden: Are Some Industries over-Taxed in China? 增值税有效税率、税收效率与负担:中国某些行业是否税负过重?

The Chinese Economy Pub Date : 2023-07-03 DOI: 10.1080/10971475.2023.2227030

Gene H. Chang, Y. Chen, Kathryn J. Chang

引用次数: 0

China’s Evolving Role in the Chemical Global Value Chain 中国在化工全球价值链中的角色演变

The Chinese Economy Pub Date : 2023-05-21 DOI: 10.1080/10971475.2023.2213631

Seamus Grimes

引用次数: 0

Long-run Effects of Monetary Policy of China on Its Economic Growth 中国货币政策对经济增长的长期影响

The Chinese Economy Pub Date : 2023-05-08 DOI: 10.1080/10971475.2023.2200662

Yongqing Wang

{"title":"Long-run Effects of Monetary Policy of China on Its Economic Growth","authors":"Yongqing Wang","doi":"10.1080/10971475.2023.2200662","DOIUrl":"https://doi.org/10.1080/10971475.2023.2200662","url":null,"abstract":"Abstract Despite considerable reforms of Chinese monetary policy, very few papers have empirically examined the long-run effects of monetary policy on China’s economic growth. Our purpose is to shed some light on it. We use money supply, real effective exchange rate, and real interest rate to describe monetary policy of China. We first apply the Granger causality test to annual data from 1980 to 2020 to examine the relationship between monetary policy and China’s economic growth measured by Chinese real GDP. Our results suggest both money supply and real effective exchange rate Ganger cause Chinese real GDP, while real interest does not. We then adopt the autoregressive distributed lag (ARDL) model without asymmetric effects and nonlinear ARDL with asymmetric effects of exchange rate to estimate the impact of monetary policy on China’s economic growth. Our long-run results indicate that expansion of money supply would promote Chinese real GDP growth. Both higher interest rate and depreciation would hinder China’s economic growth. There are asymmetric effects of exchange rate on growth. Finally, the CUSUM and CUSUMQ stability test results reveal that the relationship among money supply, real effective exchange rate, and real interest rate with Chinese real GDP is stable.","PeriodicalId":22382,"journal":{"name":"The Chinese Economy","volume":"16 1","pages":"431 - 440"},"PeriodicalIF":0.0,"publicationDate":"2023-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82770376","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

Analytical study on Foreign Direct Investment Divestment Inflows and Outflows in Developing Economies: Evidence of China 发展中经济体外商直接投资流入与流出的分析研究:以中国为例

The Chinese Economy Pub Date : 2023-03-29 DOI: 10.1080/10971475.2023.2193118

Mohamad Zreik

{"title":"Analytical study on Foreign Direct Investment Divestment Inflows and Outflows in Developing Economies: Evidence of China","authors":"Mohamad Zreik","doi":"10.1080/10971475.2023.2193118","DOIUrl":"https://doi.org/10.1080/10971475.2023.2193118","url":null,"abstract":"Abstract Multilateral organizations are taking attention toward foreign divestment; they are in practice to shift toward a large number of host countries from their home countries. In this paper, the significant role of FDI divestment in the development of the economy has been discussed. The role and contribution of FDI divestment in emerging economies have been discussed. The study employs qualitative descriptive analysis to address the determinants of FDI divestment operated by the emerging economies specifically in China. The study is based on economic reports, official documents, and data directly related to the subject of the study. The role and contribution of FDI divestment to develop a strong corporate sector are elaborated in this paper. Furthermore, the role of FDI divestment in reforming organizations and their sustainable growth with the support of evidence has been discussed. Issues regarding FDI divestment faced by different stakeholders have been explained in this research. Inflows and outflows of FDI divestment with cause and effect have been discussed in this paper. Additionally, this study examined the role of multilateral organizations to convince emerging economies by improving their divestment approach. In global strategy formulation FDI divestment consider as a significant aspect. It is observed, that this aspect of the strategy is still untouched in the field of international business and business academies. This study is specifically in the context of China with under consideration of other developed economies. This study investigates the encouraging factors for growing economies to formulate their divestment policies.","PeriodicalId":22382,"journal":{"name":"The Chinese Economy","volume":"18 1","pages":"415 - 430"},"PeriodicalIF":0.0,"publicationDate":"2023-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82940179","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

The Symmetric and Asymmetric in the Nexus Tourism and Economic Development in China 中国旅游与经济发展关系中的对称与不对称

The Chinese Economy Pub Date : 2023-02-10 DOI: 10.1080/10971475.2023.2173397

Tsung-Pao Wu, Hung-Che Wu, Ge Ye, Xi Yao, Feng Chen

引用次数: 0

U.S.-China Economic Links and Technological Decoupling 中美经济联系和技术脱钩

The Chinese Economy Pub Date : 2023-02-07 DOI: 10.1080/10971475.2023.2173399

Kevin H. Zhang

引用次数: 0

Impact of Structural Distortions on Resource Allocation in China: Evidence from an Innovative Empirical Model 结构扭曲对中国资源配置的影响:来自创新实证模型的证据

The Chinese Economy Pub Date : 2023-02-02 DOI: 10.1080/10971475.2023.2173396

Yiran Chen, Yidong Li, George Lodorfos, Junjie Wu

引用次数: 0

A Nonlinear Industry-Level Analysis of China’s Trade Balances with the EU-28: Does the Utilization of the Vehicle Currency USD Matter? 中国与欧盟28国贸易平衡的非线性产业分析:工具货币美元的使用是否重要?

The Chinese Economy Pub Date : 2023-01-30 DOI: 10.1080/10971475.2023.2173398

H. Bao, T. Dinh, Hoang Phong Le

{"title":"A Nonlinear Industry-Level Analysis of China’s Trade Balances with the EU-28: Does the Utilization of the Vehicle Currency USD Matter?","authors":"H. Bao, T. Dinh, Hoang Phong Le","doi":"10.1080/10971475.2023.2173398","DOIUrl":"https://doi.org/10.1080/10971475.2023.2173398","url":null,"abstract":"Abstract As the USD is the globally dominant vehicle currency, the exchange rate USD/CNY can affect China’s trade balances with not only the US but also other partners. Nevertheless, most of the existing studies overlook its role when analyzing China’s trade balances with non-US partners. This common drawback conceals the possible effects of currency choice for invoicing the exported and imported merchandise. Moreover, the proportion of invoicing currencies can vary from industry to industry, which implies the distinctive patterns in China’s exchange rate-trade balance nexus at industry level. Motivated by the facts that China and the EU are now the largest trading partners of each other, and they substantially use the vehicle currency USD, this paper is the first to examine the nonlinear impacts of USD/CNY on China’s trade balances with the EU-28 at industry level, which minimizes aggregation bias and reveals more detailed and helpful findings for policy-makers. The empirical results indicate that the responses of China’s trade balances in each industry are contingent on the choice of invoicing currencies. And the depreciation of CNY against the vehicle currency USD cannot stimulate China’s trade balances.","PeriodicalId":22382,"journal":{"name":"The Chinese Economy","volume":"95 1","pages":"384 - 398"},"PeriodicalIF":0.0,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79549881","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