{"title":"The impact of China's Differential Electricity Pricing policy on fossil fuel consumption","authors":"Lin Zhao","doi":"10.1002/ise3.36","DOIUrl":"https://doi.org/10.1002/ise3.36","url":null,"abstract":"<p>China, the world's largest energy consumer, has been increasingly relying on pricing policies to improve energy efficiency in recent years. This paper estimates the impact of Differential Electricity Pricing (DEP) policy, which covers the most energy-intensive industries in China. Under the DEP policy, electricity surcharges are imposed on enterprises using “eliminated” and “restricted” production technologies, of which the “eliminated” enterprises are more backward in technology level and are charged much higher electricity tariffs. We exploit a differences-in-differences approach to assess the effect of the DEP policy on fossil fuel consumption. The results indicate that the DEP policy led to a reduction in coal consumption intensity (CCI) of “eliminated” enterprises, which can be explained by the obsoleting of backward equipment in these enterprises. As for the “restricted” enterprises, it was economically optimal to continue to use “restricted” equipment; consequently, the DEP policy had no significant impact on CCI.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"18 1","pages":"97-119"},"PeriodicalIF":0.0,"publicationDate":"2022-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.36","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50143960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Search, technology choice, and unemployment","authors":"Constantine Angyridis, Haiwen Zhou","doi":"10.1002/ise3.27","DOIUrl":"10.1002/ise3.27","url":null,"abstract":"<p>Technology variations among countries account for a significant part of their income differences. In this paper, a firm's technology choice is embedded in a search theoretic framework for unemployment. More advanced technology is assumed to have a higher setup cost, but it is more productive. The model is tractable and the following results are derived analytically. An increase in the unemployment benefit leads to an increase in the equilibrium wage rate, giving an incentive to firms to choose a more advanced technology. Thus, this result regarding unemployment insurance in models with wage posting carries through with Nash bargaining as well. As a consequence, the equilibrium unemployment rate increases. Furthermore, an increase in the bargaining power of workers increases the unemployment rate but has an ambiguous impact on the equilibrium level of technology and the wage rate. Finally, an increase in the exogenous job separation rate or the interest rate increases the unemployment rate and decreases the wage rate but does not affect the equilibrium level of technology.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 3","pages":"296-310"},"PeriodicalIF":0.0,"publicationDate":"2022-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.27","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90701184","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Way of love and after-marriage well-being: Evidence from China","authors":"Bowen Li, Cai Zhou, Ji Luo","doi":"10.1002/ise3.26","DOIUrl":"10.1002/ise3.26","url":null,"abstract":"<p>Based on 2010 China Family Panel Studies, we use Ordered Probit, Instrumental Variables, and Conditional Mixed Process to analyze the effect of different ways of love on after-marriage well-being. The findings are: (i) Compared with arranged marriage, free love can significantly increase the well-being of married residents. (ii) In heterogeneity analysis, the promotion effect of free love on well-being is more obvious among the couples 2 years after marriage, residents with positive personal values, the post-80s, and rural areas. (iii) In mechanism analysis, married residents who met through free love will significantly enhance their ability to get along with others, increase their intimacy with their spouses, improve family harmony, and reduce their emphasis on family succession, thus further enhancing their well-being.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 3","pages":"394-410"},"PeriodicalIF":0.0,"publicationDate":"2022-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.26","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79712879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The impact of guardian's usage of the Internet on children's cognitive skills","authors":"Guangsu Zhou, Keyi Guo","doi":"10.1002/ise3.34","DOIUrl":"https://doi.org/10.1002/ise3.34","url":null,"abstract":"<p>In the digital age, the internet has become an essential source of information gathering and maintains a network of social contact. In this paper, we use microdata from the China Family Panel Studies to examine the effects of guardian's internet use on teenager's cognitive skills. Using mobile internet users and base station density as instruments, we found that guardian's internet use had a significant impact on teenager's cognitive abilities as measured by math and verbal tests. Heterogeneity analysis shows that the impact is more substantial for guardians in rural areas and less-educated guardians. Further exploration of the mechanism shows that internet usage affects cognitive skills through monetary investment, time investment, and parental environment. The result suggests that promoting internet usage for less educated families in rural areas can potentially improve children's academic performance and decrease inequality across regions and generations.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"18 2","pages":"193-210"},"PeriodicalIF":0.0,"publicationDate":"2022-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.34","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50121029","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"China's OFDI and the economic growth: From the perspective of natural resource","authors":"Ling Feng, Lulan Ge","doi":"10.1002/ise3.28","DOIUrl":"10.1002/ise3.28","url":null,"abstract":"<p>Using a country-level panel data set of China's outward foreign direct investment (OFDI) during 2003–2015, we find that China increases its direct investment in an economy endowed with natural resources, which increases the exports of the resources to China. Facilitated by the industry-level data between 2003 and 2008, we further show that the increase of China's OFDI in the economies abundant in natural resources would boost the output of Chinese industries which use the resources intensively but shrink the industries that are less intensive in the resources. These findings are consistent with the Rybczynski theorem and suggest that China's OFDI increases its domestic supply of natural resources.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 3","pages":"311-333"},"PeriodicalIF":0.0,"publicationDate":"2022-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.28","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90281668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Ishaq, Zahoor ul Haq, Ping Qing, Chongguang Li
{"title":"Do food safety regulations impede agrifood exports of China?","authors":"Muhammad Ishaq, Zahoor ul Haq, Ping Qing, Chongguang Li","doi":"10.1002/ise3.19","DOIUrl":"10.1002/ise3.19","url":null,"abstract":"<p>This study uses the gravity model to estimate the effects of food safety regulations implemented by the partner countries on agri-food exports of China. Annual bilateral trade data are compiled for major agrifood export items of China like apples, kidney beans, garlic, mandarins and orange, meat of swine, and tea. The panel data are estimated using both the fixed- and random-effect models. Results of the study show that all the standard gravity-type variables carry signs according to prior expectations and economic theory. The study concludes that food safety regulations have no effect on exports of all the selected commodities except meat of swine.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 2","pages":"216-227"},"PeriodicalIF":0.0,"publicationDate":"2022-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.19","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80865447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Static and dynamic RCA analysis of India and China in world economy","authors":"Saba Ismail, Shahid Ahmed","doi":"10.1002/ise3.18","DOIUrl":"10.1002/ise3.18","url":null,"abstract":"<p>This study is an attempt to examine similarities and differences in the patterns of revealed comparative advantage (RCA) of India and China in the global market at different levels of classification. The study analyses whether RCAs of these economies have undergone any structural shift/change or whether the pattern of specialization in these economies is competitive or complementary in the world market. The study reveals that India holds a comparative advantage in 9 out of 16 product groups of Harmonized System (HS) classification, 41 out of 97 HS chapters at HS 2-digit level, and 2377 out of 4163 traded commodities at HS 6-digit level, while China holds a comparative advantage in 6 out of 16 HS product groups, 45 out of 97 HS chapters at HS 2-digit level, and 2075 out of 4381 traded commodities at HS 6-digit level in 2018. Major findings suggest that both the countries have been performing well and broadly maintained their comparative advantage, especially since 2000. A comparative analysis of India and China reveals a small structural change in RCA over time in both economies at disaggregated levels. The study highlights that India and China neither have a competitive nor a complementary relationship in the global market. These findings reflect a scope of independent expansion of the economies of both India and China, without hurting mutual interest in the global market. It may be inferred from the results that mutual cooperation will enhance the competitiveness of both economies and contributes to global economic progress.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 2","pages":"228-260"},"PeriodicalIF":0.0,"publicationDate":"2022-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.18","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83185792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The transmission mechanism analysis of the impact of economic policy uncertainty on household consumption","authors":"Yanwei Gu, Guancheng Jiang, Xiao Liang","doi":"10.1002/ise3.21","DOIUrl":"10.1002/ise3.21","url":null,"abstract":"<p>Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China, is limited. In this paper, we propose two channels through which economic policy uncertainty affects household consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China Health and Nutrition Survey) to explore the heterogeneous effect among urban and rural households. We verify that an increase in economic policy uncertainty can significantly reduce household consumption through both channels. Further, the precautionary saving channel is more important in the urban household sample, while the investment-employment channel is more pronounced in the rural household sample. In addition, the heterogeneous effect also exists across households in different regions. Our results are robust with consideration of different estimation methods, the lagged effect of the uncertainty, and other characteristics of households.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 3","pages":"371-393"},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.21","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83689405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does foreign aid reduce the country's risk of OFDI? The Chinese experience","authors":"Haijun Wang, Hu Yang, Fengya Li, Min Zhang","doi":"10.1002/ise3.20","DOIUrl":"https://doi.org/10.1002/ise3.20","url":null,"abstract":"<p>Using a sample of 124 countries assisted by China from 2000 to 2019, this paper examines the impact of foreign aid on outward foreign direct investment (OFDI) and the mitigation mechanism of risk. The research finds that, first, foreign aid can significantly reduce the country risk of recipient countries, especially political risk and financial risk, and thus play a role in promoting the inflow of OFDI of donor countries, and there is a lagged effect of this role; Second, foreign aid from other countries has a negative impact on China's OFDI to recipient countries, indicating that foreign aid is nonaltruistic and exclusive; Third, the mitigation effect of foreign aid on country risk is achieved through five channels: compensation effect, synergistic effect, pioneer effect, assimilation effect, and redistribution effects.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"18 2","pages":"238-258"},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.20","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50149298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Would central government's direct supervisions enhance local environmental qualities? Evidence from China","authors":"Zhilin Hu","doi":"10.1002/ise3.14","DOIUrl":"10.1002/ise3.14","url":null,"abstract":"<p>With the construction of ecological civilization, central government's direct inspections have become the new norm of environmental protection supervision. Since 2016, the central government has been dispatching supervision teams, one batch after another, to conduct environmental protection supervision in the provinces. In this paper, the regression discontinuity designs were used to study the impact of central environmental protection supervision on the quality of air and water. Our results indicate that air quality was improved significantly during the supervision, while water quality was improved significantly during the rectification period after the supervision. A heterogeneity analysis shows that supervision had a significant impact on highly polluted areas. The results further suggest that for the continuous improvement of environmental quality, it is necessary to build a long-term governance mechanism.</p>","PeriodicalId":29662,"journal":{"name":"International Studies of Economics","volume":"17 2","pages":"261-275"},"PeriodicalIF":0.0,"publicationDate":"2022-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/ise3.14","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82004344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}