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The Strategic Logic of China's Economy: Milennial Pathways, Mega-Strategy, and the World in 2100. By Huw Mckay, Cham, Switzerland: Springer Nature B.V., USA, 2024. AUD$248.13. 346 pp. ISBN-13: 978-3-03-147228-2 中国经济的战略逻辑：千年路径、大战略与2100年的世界。作者：Huw Mckay， Cham，瑞士；施普林格Nature b.v.，美国，2024。AUD $ 248.13。346页。ISBN-13: 978-3-03-147228-2
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-05-14 DOI: 10.1111/apel.12451
Tom Westland
{"title":"The Strategic Logic of China's Economy: Milennial Pathways, Mega-Strategy, and the World in 2100. By Huw Mckay, Cham, Switzerland: Springer Nature B.V., USA, 2024. AUD$248.13. 346 pp. ISBN-13: 978-3-03-147228-2","authors":"Tom Westland","doi":"10.1111/apel.12451","DOIUrl":"https://doi.org/10.1111/apel.12451","url":null,"abstract":"","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"198-199"},"PeriodicalIF":0.9,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does China's Technological Innovation Affect China–US Relation, or Vice Versa? 中国技术创新影响中美关系，还是中美关系影响中国技术创新？
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-05-10 DOI: 10.1111/apel.12454
Kai-Hua Wang, Li-Li Liu, Hong-Wen Liu, Lu Liu
{"title":"Does China's Technological Innovation Affect China–US Relation, or Vice Versa?","authors":"Kai-Hua Wang,&nbsp;Li-Li Liu,&nbsp;Hong-Wen Liu,&nbsp;Lu Liu","doi":"10.1111/apel.12454","DOIUrl":"https://doi.org/10.1111/apel.12454","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the causal relationship between China's technological innovation (CTI) and China–US relation (CUR) using full-sample and subsample Granger causality tests. This study revealed that CTI has both positive and negative effects on CUR. CTI has enhanced China's economic strength by promoting industrial upgrading and enhancing China's international status, which has had a complex impact on CUR. In contrast, CUR has a positive effect on CTI. The deterioration of CUR affects China's technological R&amp;D, industrial chain supply and patent application, reducing the speed of China's innovation. In addition, the analysis determines the interaction results of two variables in multiple subperiods and verifies the channels of influence, which deepens the understanding of the relationship between them. China's improved technology will lead to higher prices for imports into the United States, which could hurt American consumers. In recent years, the United States has adopted a policy of ‘decoupling’ from China's economy, which has made CUR tense. US economic progress has been somewhat impacted by trade cooperation between China and the United States, which has been directly impacted by the conflict between the two nations. Facing complex international circumstances, the development of CTI and CUR should be coordinated. China and the United States should use a peaceful dialogue to resolve long-term technological disputes. China's government should fully use multiple resources to support technological innovation.</p>\u0000 </div>","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"161-173"},"PeriodicalIF":0.9,"publicationDate":"2025-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
‘Gold Miss’ or ‘Earthy Mom’? Evidence From Thailand “黄金小姐”还是“泥土妈妈”？来自泰国的证据
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-05-08 DOI: 10.1111/apel.12455
Lusi Liao, Sasiwimon Warunsiri Paweenawat
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引用次数: 0
Globalisation: Perak's Rise, Relative Decline and Regeneration. By Sultan Nazrin Shah, Oxford: Oxford University Press, 2024. xxiv + 566 pp. ISBN: 978-0-19-889777-4, USD45.00 全球化：霹雳州的崛起、相对衰落与再生。苏丹·纳兹林·沙阿著，牛津：牛津大学出版社，2024年。xxiv + 566页Isbn: 978-0-19-889777-4, 45.00美元
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-04-27 DOI: 10.1111/apel.12456
Prema-chandra Athukorala
{"title":"Globalisation: Perak's Rise, Relative Decline and Regeneration. By Sultan Nazrin Shah, Oxford: Oxford University Press, 2024. xxiv + 566 pp. ISBN: 978-0-19-889777-4, USD45.00","authors":"Prema-chandra Athukorala","doi":"10.1111/apel.12456","DOIUrl":"https://doi.org/10.1111/apel.12456","url":null,"abstract":"","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"188-189"},"PeriodicalIF":0.9,"publicationDate":"2025-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Designing Competition Policy for Economic Development in Asia and the Pacific. By Arsenio Balisacan, Yesim Elhan-Kayalar, Majah-Leah Ravago, James Roumasset, Yasuyuki Sawada, and Tetsushi Sonobe (eds.), ADB and ADBI (Asian Development Bank Institute) Press, Manila, The Philippines, 2024. 400 + xxiii pp. (paperback). ISBN: 978-4-89974-311-8 设计竞争政策促进亚太地区经济发展。作者：Arsenio Balisacan， Yesim Elhan-Kayalar, Majah-Leah Ravago, James Roumasset， Yasuyuki Sawada和Tetsushi Sonobe（编），亚洲开发银行研究所出版社，菲律宾马尼拉，2024年。400 + xxiii页（平装本）。ISBN: 978-4-89974-311-8
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-04-15 DOI: 10.1111/apel.12450
Michael T. Schaper
{"title":"Designing Competition Policy for Economic Development in Asia and the Pacific. By Arsenio Balisacan, Yesim Elhan-Kayalar, Majah-Leah Ravago, James Roumasset, Yasuyuki Sawada, and Tetsushi Sonobe (eds.), ADB and ADBI (Asian Development Bank Institute) Press, Manila, The Philippines, 2024. 400 + xxiii pp. (paperback). ISBN: 978-4-89974-311-8","authors":"Michael T. Schaper","doi":"10.1111/apel.12450","DOIUrl":"https://doi.org/10.1111/apel.12450","url":null,"abstract":"","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"196-197"},"PeriodicalIF":0.9,"publicationDate":"2025-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Firm Survival in China's Steel Industry: The Impact of ICT 中国钢铁行业的企业生存：ICT的影响
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-04-08 DOI: 10.1111/apel.12445
Feng Yu, Qiaomin Li, Jianfeng Ma
{"title":"Firm Survival in China's Steel Industry: The Impact of ICT","authors":"Feng Yu,&nbsp;Qiaomin Li,&nbsp;Jianfeng Ma","doi":"10.1111/apel.12445","DOIUrl":"https://doi.org/10.1111/apel.12445","url":null,"abstract":"<div>\u0000 \u0000 <p>While China's steel industry has experienced significant entry and exit, our understanding of the factors determining firm survival within this sector remains limited. This paper aims to identify factors influencing firm survival from an ICT perspective. Utilising a meticulously verified dataset on firm exit, we observe that the average exit rate of Chinese steel firms stands at 11.4% from 2000 to 2013. The results of a complementary log–log model show that ICT adoption significantly reduces the hazard rate. A two-step IV probit model and a cross-sectional model verify the ICT impact. We further adopt a mediational model to detect the mechanism of the ICT impact. Total Factor Productivity (TFP) functions as a vital transmission mechanism. Heterogeneity tests demonstrate that the ICT impact is less significant for State-Owned Enterprises (SOEs) during the study period. Our findings support the digitalisation of steel firms.</p>\u0000 </div>","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"90-103"},"PeriodicalIF":0.9,"publicationDate":"2025-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Singapore's State-Led Capitalism in a Rules-Based World Order. By Lee, Khuay Khiang, Leiden University Press, Leiden, 2025. 266 pp. ISBN: 978-9-08-728459-6 以规则为基础的世界秩序中的新加坡国家主导的资本主义。作者：李浩强，莱顿大学出版社，莱顿，2025。266页。ISBN: 978-9-08-728459-6
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-04-07 DOI: 10.1111/apel.12448
Anne Booth
{"title":"Singapore's State-Led Capitalism in a Rules-Based World Order. By Lee, Khuay Khiang, Leiden University Press, Leiden, 2025. 266 pp. ISBN: 978-9-08-728459-6","authors":"Anne Booth","doi":"10.1111/apel.12448","DOIUrl":"https://doi.org/10.1111/apel.12448","url":null,"abstract":"","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"186-187"},"PeriodicalIF":0.9,"publicationDate":"2025-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Best Laid Plans: The Inside Story of Reform in Aung San Suu Kyi's Myanmar By Sean Turnell, Sydney: Lowy Institute, Penguin, 2024. 128+x pp. ISBN: 978-1-76134-677-4 ​书号：978-1-76134-677-4
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-03-27 DOI: 10.1111/apel.12449
Hal Hill
{"title":"Best Laid Plans: The Inside Story of Reform in Aung San Suu Kyi's Myanmar By Sean Turnell, Sydney: Lowy Institute, Penguin, 2024. 128+x pp. ISBN: 978-1-76134-677-4","authors":"Hal Hill","doi":"10.1111/apel.12449","DOIUrl":"https://doi.org/10.1111/apel.12449","url":null,"abstract":"","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"193-195"},"PeriodicalIF":0.9,"publicationDate":"2025-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Cross-Industry Contagion Network of Systemic Risk: Evidence From China 系统性风险的跨行业传染网络：来自中国的证据
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-03-26 DOI: 10.1111/apel.12446
Limei Sun, Qing Shen, Xiaoqing Huang
{"title":"The Cross-Industry Contagion Network of Systemic Risk: Evidence From China","authors":"Limei Sun,&nbsp;Qing Shen,&nbsp;Xiaoqing Huang","doi":"10.1111/apel.12446","DOIUrl":"https://doi.org/10.1111/apel.12446","url":null,"abstract":"<div>\u0000 \u0000 <p>This study employs the Lasso–Granger algorithm, in combination with sliding window technology, to construct a dynamic directed complex network that captures the dynamics of systemic risk transmission between the financial industry and the real economy. By analysing the network's characteristic indicators among the banking, securities, and insurance sectors, we explore variations in systemic risk transmission across these three major financial sectors and the real economy. Additionally, the CONCOR algorithm is used to detect community structures within the complex network, enabling a dynamic assessment of these communities' attributes over time. The empirical results show that the ability of the insurance, banking, and securities sectors to receive systemic risk weakens progressively. The insurance sector has the strongest capacity to transmit systemic risk, whereas the banking sector has the weakest capacity to transmit systemic risk. The banking and insurance sectors exhibit similar role attributes in the process of systemic risk transmission. The risk transmission relationship between the real economy and the financial industry shows heterogeneity.</p>\u0000 </div>","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"104-121"},"PeriodicalIF":0.9,"publicationDate":"2025-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429593","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cash Subsidies for the Poor: Evaluating Thailand's State Welfare Card Programme 对穷人的现金补贴：评估泰国的国家福利卡计划
IF 0.9 4区 经济学
Asian-Pacific Economic Literature Pub Date : 2025-03-22 DOI: 10.1111/apel.12452
Wannaphong Durongkaveroj
{"title":"Cash Subsidies for the Poor: Evaluating Thailand's State Welfare Card Programme","authors":"Wannaphong Durongkaveroj","doi":"10.1111/apel.12452","DOIUrl":"https://doi.org/10.1111/apel.12452","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper examines the causal effects of Thailand's 2017 large-scale unconditional cash transfer programme (‘the state welfare card programme’) that covered over 20% of the country's population. The study uses regression discontinuity methods and data from the 2019 nationally representative household socio-economic survey. Results show that this programme had no significant impact on consumption expenditure and food expenditure, as intended. However, the programme caused a significant increase in non-consumption expenditure, especially items paid for in cash. Also, the programme significantly increased in-kind consumption expenditure, demonstrating the payment modality of the programme. Given a large evidence base showing the poverty-reducing effects of cash transfer programmes in developing countries, the findings point to the need to revamp the programme at both design and implementation stages.</p>\u0000 </div>","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"39 2","pages":"134-146"},"PeriodicalIF":0.9,"publicationDate":"2025-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145429474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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