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China in international digital economy governance 国际数字经济治理中的中国
IF 3.3
China Economic Journal Pub Date : 2022-04-19 DOI: 10.1080/17538963.2022.2067690
Zha Daojiong, T. Dong
{"title":"China in international digital economy governance","authors":"Zha Daojiong, T. Dong","doi":"10.1080/17538963.2022.2067690","DOIUrl":"https://doi.org/10.1080/17538963.2022.2067690","url":null,"abstract":"ABSTRACT China ranks prominently in terms of capacity to engage in and benefit from the data-driven world economy. But China is more restrictive than many other countries on digital service imports, in addition to being passive in negotiations towards universal digital economic governance rules at the World Trade Organization. The world’s digital economy is getting more geopolitical, with practices of digital sovereignty and signs of a splinternet on the rise. However, with its application to join regional-free trade arrangements like the RCEP and CPTPP, China is internationalizing its digital economy governance. China’s domestic legislations and policy reforms, meanwhile, are increasingly aligning with those in Europe, in addition to industry-level interoperability with the United States. This provides a basis for further harmonization of digital economy governance with the rest of the world.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"187 - 201"},"PeriodicalIF":3.3,"publicationDate":"2022-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48848478","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: 4
The impact of the digital economy on China’s economic growth and productivity performance 数字经济对中国经济增长和生产力表现的影响
IF 3.3
China Economic Journal Pub Date : 2022-04-19 DOI: 10.1080/17538963.2022.2067689
Harry X. Wu, Changhua Yu
{"title":"The impact of the digital economy on China’s economic growth and productivity performance","authors":"Harry X. Wu, Changhua Yu","doi":"10.1080/17538963.2022.2067689","DOIUrl":"https://doi.org/10.1080/17538963.2022.2067689","url":null,"abstract":"ABSTRACT China’s digital economy experienced a rapid development over the past two decades. How can we systematically measure the contribution of the digital economy to China’s economic growth? Has the digital economy contributed to an increase in China’s total factor productivity? This paper analyzes the impact of the information and communication technology (ICT) development on China’s economic growth since its WTO accession in an aggregate production possibility frontier framework. Our empirical analysis shows that the digital economy has been the most significant contributor to China’s economic growth and productivity improvements over the past two decades. Nevertheless, due to severe capital misallocation across industries and persistent inefficient performance of some non-ICT industries, industries with high investment growth have not been matched by industries with high TFP growth.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"153 - 170"},"PeriodicalIF":3.3,"publicationDate":"2022-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45071556","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: 17
Platform antitrust in China 中国平台反垄断
IF 3.3
China Economic Journal Pub Date : 2022-04-18 DOI: 10.1080/17538963.2022.2067688
Hao Wang
{"title":"Platform antitrust in China","authors":"Hao Wang","doi":"10.1080/17538963.2022.2067688","DOIUrl":"https://doi.org/10.1080/17538963.2022.2067688","url":null,"abstract":"ABSTRACT This article reviews the recent developments in digital platform antitrust in China. I first introduce the key players in China’s platform industry, particularly those that have been frequently affected by recent antitrust events. I then provide a brief overview of economic theories that are often cited in think tank reports and official documents, including network externalities, hub-and-spoke collusion, and contestable markets. Finally, recent platform antitrust events in China are reviewed, including the introduction of platform antitrust guidelines and major antitrust cases.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"171 - 186"},"PeriodicalIF":3.3,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45100112","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
[Long-term course of heart disease: How can psychosocial care be improved?] [心脏病的长期病程：如何改善社会心理护理？］
IF 1.7
China Economic Journal Pub Date : 2022-04-01 Epub Date: 2022-03-28 DOI: 10.1007/s00103-022-03516-z
Karl-Heinz Ladwig, Julia Lurz, Karoline Lukaschek
{"title":"[Long-term course of heart disease: How can psychosocial care be improved?]","authors":"Karl-Heinz Ladwig, Julia Lurz, Karoline Lukaschek","doi":"10.1007/s00103-022-03516-z","DOIUrl":"10.1007/s00103-022-03516-z","url":null,"abstract":"<p><p>Cardiovascular diseases, which primarily include coronary artery disease (CAD), heart failure (HF) and cardiac arrhythmias, are the leading causes of death in the European Union and responsible for most of the serious courses of coronary disease. Acute events are usually the focus of clinical attention. In contrast, there are hardly any structured care and therapy concepts for the long-term course of these diseases. Based on a literature review, this article provides an overview of the long-term consequences and long-term care of heart diseases. Deficits in the psychosocial care of patients and possible solutions are discussed.Patients with CAD often experience problems with medication adherence and compliance to behavioural recommendations due to inadequate long-term psychosocial care. Psychological comorbidities reduce the quality of life and are a driver for health-damaging behaviour. Patients with cardiac arrhythmias often get into a vicious circle of recurrent physical complaints interacting with anxiety and panic attacks and the associated use of outpatient, emergency, or inpatient care facilities. In the course of heart failure, a clinically significant growing number of patients are treated with antidepressants, the benefit of which is rather doubtful.The apparent deficits in long-term psychosocial care of cardiovascular disease and the quality of life of patients could be improved through the increased use of systematic collaborative care models by specialised care facilities with the involvement of general practitioners.</p>","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"7 1","pages":"481-487"},"PeriodicalIF":1.7,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8979922/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82321291","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
Market expectation management and renminbi exchange rate policy under depreciation pressure 贬值压力下的市场预期管理与人民币汇率政策
IF 3.3
China Economic Journal Pub Date : 2022-03-09 DOI: 10.1080/17538963.2022.2042066
Mei Li
{"title":"Market expectation management and renminbi exchange rate policy under depreciation pressure","authors":"Mei Li","doi":"10.1080/17538963.2022.2042066","DOIUrl":"https://doi.org/10.1080/17538963.2022.2042066","url":null,"abstract":"ABSTRACT Motivated by the capital outflow episode after the 8/11 renminbi exchange rate reform, we establish formal models to study renminbi exchange rate policy under depreciation pressure with a focus on its effect on market expectations. In an economy where capital controls are imposed, a central bank aims both to discourage speculative capital outflows and to reduce exchange rate misalignment. We find that (i) both capital controls and speculators’ uncertainty about the central bank’s exchange rate target can effectively discourage capital outflows; (ii) Any action taken by the central bank will send a signal to speculators about the central bank’s exchange rate target, causing a change in speculators’ expectations and subsequently in capital flows. This explains large capital outflows triggered by the 8/11 reform. A key takeaway is that exchange rate policy should take into account its effect on market expectations to avoid unnecessary exchange rate and capital flow volatility.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"16 1","pages":"63 - 79"},"PeriodicalIF":3.3,"publicationDate":"2022-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47866116","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
Optimal public debt under demographic changes in China 中国人口结构变化下的最优公共债务
IF 3.3
China Economic Journal Pub Date : 2022-01-29 DOI: 10.1080/17538963.2022.2033394
Lixin Sun
{"title":"Optimal public debt under demographic changes in China","authors":"Lixin Sun","doi":"10.1080/17538963.2022.2033394","DOIUrl":"https://doi.org/10.1080/17538963.2022.2033394","url":null,"abstract":"ABSTRACT In this paper, we use an overlapping-generations model to estimate the optimal public debt level in terms of the growth-maximizing theory under changing demographics and examine the fiscal sustainability in China. The results suggest that the optimal level of public debt in China lies in a scope of 70% to 88%, which varies as a function of the driving force of the production, the number of children, and the subsidy policy for rearing the children. On the basis of fiscal space framework, we can conclude that China’s public debt and thereby the fiscal position is sustainable in the near and medium terms. Sensitivity analyses and robustness tests also support our empirical findings. Our study provides insights into public debt management, population policy, and strategies for economic growth in China.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"16 1","pages":"28 - 43"},"PeriodicalIF":3.3,"publicationDate":"2022-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44196466","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
Impacts of the recent USA and China trade dispute on China’s aquatic products 近期中美贸易争端对中国水产品的影响
IF 3.3
China Economic Journal Pub Date : 2022-01-02 DOI: 10.1080/17538963.2021.2019924
K. Lu, P. Failler, B. Drakeford, Qinyi Wang, Tong Liu
{"title":"Impacts of the recent USA and China trade dispute on China’s aquatic products","authors":"K. Lu, P. Failler, B. Drakeford, Qinyi Wang, Tong Liu","doi":"10.1080/17538963.2021.2019924","DOIUrl":"https://doi.org/10.1080/17538963.2021.2019924","url":null,"abstract":"ABSTRACT This paper uses the Multivariable Grey Model and the Counterfactual Reasoning Method to evaluate the impact of the recent trade dispute between the USA and China from the perspective of its impact on the international trade of China’s aquatic products. Regarding imports the recent trade dispute did not have a negative impact, due to substitution possibilities with other countries. China’s aquatic products export is heavily dependent on the market in the USA. Nevertheless, the aggravation of the recent trade dispute has not caused significant effects on China’s aquatic product exports. Compared with the potential trade loss in terms of exports to China suffered by aquatic product producers and operators in the USA, the economic interests of China’s aquatic products producers and operators in terms of exports have not been affected significantly overall. In comparison, the potential trade losses of aquatic product producers and operators in the USA are relatively greater.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"60 - 76"},"PeriodicalIF":3.3,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45067700","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
China trade with belt and road countries: the role and impact of institutions 中国与“一带一路”国家的贸易：制度的作用和影响
IF 3.3
China Economic Journal Pub Date : 2022-01-02 DOI: 10.1080/17538963.2021.1994709
Satar Bakhsh, Hengbin Yin, M. Shabir, Kishwar Ali
{"title":"China trade with belt and road countries: the role and impact of institutions","authors":"Satar Bakhsh, Hengbin Yin, M. Shabir, Kishwar Ali","doi":"10.1080/17538963.2021.1994709","DOIUrl":"https://doi.org/10.1080/17538963.2021.1994709","url":null,"abstract":"ABSTRACT This article investigates the impact of institutional quality on China’s trade with belt and road economies by testing the augmented gravity model framework. Our empirical analysis is based on 16 years of balanced panel data of 65 belt and road economies. We use the instrumental variable estimator developed for a panel data model to address the potential endogeneity issue. We distinguish the vital role of institutions in trading partner countries in shaping this result. Our outcomes outline an interesting story about the association between institutional quality and China’s export to and import from belt and road countries. We find that the weaker voice and accountability and political stability in B&R countries negatively affect China exports, while China import from B&R economies shows a statistically positive effect of institutions. Our findings are robust to employs a panel pseudo-maximum likelihood (PPML) estimation method. As part of wider trade integration, we conclude that the B&R countries should strengthen their institutions. The results of this study have several implications for policymakers.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"29 - 48"},"PeriodicalIF":3.3,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47298477","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: 6
Trade uncertainty in US and China on trade openness in Sub-Saharan Africa 中美贸易不确定性对撒哈拉以南非洲贸易开放的影响
IF 3.3
China Economic Journal Pub Date : 2021-12-08 DOI: 10.1080/17538963.2021.2014703
W. Bandura
{"title":"Trade uncertainty in US and China on trade openness in Sub-Saharan Africa","authors":"W. Bandura","doi":"10.1080/17538963.2021.2014703","DOIUrl":"https://doi.org/10.1080/17538963.2021.2014703","url":null,"abstract":"","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"1 1","pages":""},"PeriodicalIF":3.3,"publicationDate":"2021-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46420570","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: 2
Is China market socialist? Comparing Western theory to Eastern practice 中国是社会主义市场吗？西方理论与东方实践之比较
IF 3.3
China Economic Journal Pub Date : 2021-11-27 DOI: 10.1080/17538963.2021.2006457
J. Yunker
{"title":"Is China market socialist? Comparing Western theory to Eastern practice","authors":"J. Yunker","doi":"10.1080/17538963.2021.2006457","DOIUrl":"https://doi.org/10.1080/17538963.2021.2006457","url":null,"abstract":"ABSTRACT The question of whether the contemporary Chinese economy is more accurately characterized as market socialist or market capitalist depends to some extent on semantic issues pertaining to the meaning of terms such as capitalism, socialism, and the market. Adding to these complications is the fact that there are several market socialist plans, quite different in their specifics, extant in the systems literature produced by Western economists. The present contribution attempts to shed a more focused light on this question by comparing the contemporary Chinese economy to a specific plan of market socialism known as ‘pragmatic market socialism.’ While obviously not a perfect match, there appears to be sufficient overlap for the Chinese economy to be considered a reasonable approximation to pragmatic market socialism.","PeriodicalId":45279,"journal":{"name":"China Economic Journal","volume":"15 1","pages":"93 - 119"},"PeriodicalIF":3.3,"publicationDate":"2021-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42611871","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
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