Jiandong Chen, Ming Gao, Shasha Huang, Wenxuan Hou
{"title":"Application of remote sensing satellite data for carbon emissions reduction","authors":"Jiandong Chen, Ming Gao, Shasha Huang, Wenxuan Hou","doi":"10.1080/14765284.2021.1920329","DOIUrl":"https://doi.org/10.1080/14765284.2021.1920329","url":null,"abstract":"ABSTRACT There is a global consensus that carbon dioxide and other greenhouse gas emissions must be reduced as a response to global climate change. Remote sensing satellite data have become an important means of monitoring carbon emission due to its unique advantages such as availability, high resolution, and wide coverage, and remote sensing data are playing an increasingly important role in carbon monitoring and fixation. This article summarizes the main applications of remote sensing satellite data in reducing carbon emissions and prospects for future research.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2021.1920329","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41424626","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}
{"title":"Chinese investment and corruption in Africa","authors":"C. Culver","doi":"10.1080/14765284.2021.1925822","DOIUrl":"https://doi.org/10.1080/14765284.2021.1925822","url":null,"abstract":"ABSTRACT Chinese investment in Africa has rapidly expanded in recent years and garnered significant attention. There has been considerable concern that this investment will increase corruption in African states. However, there has been little academic scrutiny or examination of these claims. This paper proposes and tests the theory that the effect of FDI on corruption is dependent on the source country, specifically proposing and testing the hypothesis that Chinese FDI has a more detrimental effect on corruption than FDI from developed economies. By analyzing a random effects model with pooled cross-sectional, time-series data on corruption and foreign direct investment from 52 African countries from 2002 to 2012 I show that, contrary to the theoretical prediction, investment from Chinese sources does not have a significantly different effect on corruption than foreign investment from developed countries. Though Chinese investors are less deterred by high levels of corruption, their investment in more corrupt countries does not increase overall corruption levels.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2021.1925822","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44794113","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}
{"title":"The two faces of FDI in environmental performance: a meta-analysis of empirical evidence in China","authors":"Yingqi Wei, Sasa Ding, Ziko Konwar","doi":"10.1080/14765284.2021.1943735","DOIUrl":"https://doi.org/10.1080/14765284.2021.1943735","url":null,"abstract":"ABSTRACT The extant literature has raised debates concerning environmental performance of foreign direct investment (FDI) in China. We applied meta-analysis of 121 estimates reported in 40 studies to quantitatively synthesize our knowledge and understanding of the topic. Our findings indicate that FDI leads to better environmental performance through a pollution abatement effect, but not through enhancements in green total factor productivity. The meta-regression analysis reveals that the degree of environmental pollution abatement effects is moderated by environmental regulations, FDI measurement, and the consideration of endogeneity in empirical estimations. The results are discussed with references to scholarly and practical implications.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44640748","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}
{"title":"The role of law in Chinese value chains","authors":"Henry Gao, G. Shaffer","doi":"10.1080/14765284.2021.1943183","DOIUrl":"https://doi.org/10.1080/14765284.2021.1943183","url":null,"abstract":"ABSTRACT Since starting its economic reform four decades ago, China has been highly successful in integrating its economy into regional and global value chains (GVCs). This started with simple assembly and processing, then expanded to low-end labor-intensive manufacturing, and gradually moved up to technology-intensive and capital-intensive industries. This article analyzes the development of Chinese law, legal institutions, and international and transnational legal initiatives to support the development of GVCs, which we divide into five phases. The article does not idealize law in terms of ‘commitment’ or ‘rule of law,’ but rather, in the legal realist tradition, views law as an important, contributing factor in economic change. It presents law as a signalling and coordinative device that serves to channel private conduct for business planning and coordination. The article provides insights for understanding current developments in the trading system and their implications for regional and global value chains.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2021.1943183","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47381242","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}
{"title":"Do ‘zombie firms’ emerge among private firms in China? A survival analysis approach that pays attention to the reception of trade credit","authors":"Maho Shiraishi, Go Yano","doi":"10.1080/14765284.2021.1884796","DOIUrl":"https://doi.org/10.1080/14765284.2021.1884796","url":null,"abstract":"ABSTRACT We investigated whether ‘zombie firms’ emerged among private firms in China, by using the survival analysis of private firms. We found that receiving trade credit allowed poor-performing private firms to survive in markets in China. This type of survival of private firms was more pronounced for large-sized private firms. There was evidence of the existence of zombie firms among private firms in China, which were generated from unsound trade credit finance, an informal type of finance. Poor-performing private firms in China avoided exiting the market with access to an informal debt finance in non-negligible cases.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2021.1884796","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43385652","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}
{"title":"Does communist party membership bring a wage premium in China? a meta-analysis","authors":"Xinxin Ma, I. Iwasaki","doi":"10.1080/14765284.2020.1842987","DOIUrl":"https://doi.org/10.1080/14765284.2020.1842987","url":null,"abstract":"ABSTRACT In China, despite the drastic economic transition from a planned system to a market economy, the influences of the Communist Party of China (CPC)’s organization on firm management in both the public and private sectors are still remarkable. This study performs a meta-analysis to examine the impact of CPC membership on wage levels in China using 622 estimates extracted from 71 English and Chinese papers. The results of meta-synthesis suggest that CPC membership positively affects wage levels. They also reveal that the effect size of CPC membership is greater for state-owned enterprises, urban regions, female workers, and regular wages, as compared with privately owned enterprises, rural regions, male workers, and performance pay. The test results of publication selection bias based on the FAT-PET-PEESE approach indicate that the collected estimates contain genuine evidence of the wage premium of CPC membership, and its true impact takes a value within a range of 0.0414 to 0.0431 in terms of the partial correlation coefficient.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2020.1842987","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43450572","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}
{"title":"Can real estate regulatory policies constrain real estate risks to banks? Evidence from China","authors":"Junhua Jiang","doi":"10.1080/14765284.2020.1868932","DOIUrl":"https://doi.org/10.1080/14765284.2020.1868932","url":null,"abstract":"ABSTRACT This study investigates the effects of real estate regulatory policies on the real estate risks to banks in China. The study shows that real estate control policies issued by the policy makers in China cannot constrain the risks of the real estate market to banks. Real estate stimulating policies, however, could raise the risks of the real estate market to banks, which mainly results from the effects of tax-related stimulating policies. The study also shows that real estate control policies affect the discount rate risks of the real estate firms to banks, while both the real estate control policies and the real estate stimulating policies show some effects on the overall risks of the real estate firms to banks.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2020.1868932","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41822878","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}
{"title":"Virtuous globalization, the three-zeros policy, and China’s choice","authors":"Guanzhong James Wen","doi":"10.1080/14765284.2020.1862637","DOIUrl":"https://doi.org/10.1080/14765284.2020.1862637","url":null,"abstract":"ABSTRACT Economic globalization is generally desirable and beneficial to a great extent, but not necessarily virtuous. Modern history has proven time and again that economic globalization may go astray if rivalry among big powers are not coordinated and regulated in a timely manner. Thorny issues arise inevitably when globalization involves big economies such as China, whose resource allocation mechanisms deviate significantly from that of a typical market economy. This paper will focus on: 1) What is virtuous globalization? 2) Why should big powers adopt the goal of three-zeros (zero tariff, zero barrier, and zero subsidy) as a necessary condition for achieving the goal of virtuous globalization? 3) Why should China in particular set a leading example to adopt and implement this policy to make a real contribution to the building of global institutions that are conducive to virtuous globalization as well as its domestic economic reforms.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2020-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2020.1862637","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41701603","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}
{"title":"Covid-19 and development: lessons from historical pandemics","authors":"Wenxuan Hou, Brian Main, Xianda Liu","doi":"10.1080/14765284.2020.1855937","DOIUrl":"https://doi.org/10.1080/14765284.2020.1855937","url":null,"abstract":"<p><b>ABSTRACT</b></p> <p>Disease does not only affect development through its contemporaneous impact on health, but also through its enduring historical effect through its shaping of culture and institutions. By drawing on the experience of historical pandemics, we argue that some of the current stringent approaches adopted in combating COVID-19 come at the expense of social capital (trust) and institutions (checks on government power), which hold back long-run development. We review the evidence that the Black Death intensified witchcraft beliefs and antisemitism, which, in turn, developed mistrust and exerted an adverse influence on present-day development. Finally, we demonstrate that institutions and culture have greater explanatory power in terms of cross-country infection rates and fatality rates than does health care quality.</p>","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138516387","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}
{"title":"Does IFRS convergence bring improvement in firm performance? An empirical analysis","authors":"Muhammad Shahin Miah","doi":"10.1080/14765284.2020.1846010","DOIUrl":"https://doi.org/10.1080/14765284.2020.1846010","url":null,"abstract":"ABSTRACT This paper investigates the impact of IFRS adoption on Chinese listed companies. More specifically, this study shows the empirical evidence of the effect of a new set of Chinese accounting standards (CAS) introduced in 2007 on firms’ performance. Analyzing 7020 firm-year observations, this study finds that, compared to pre-IFRS adoption regime, firms’ performance significantly improves after IFRS adoption. A set of sensitivity analysis provides consistent findings about the impact of new CAS on firms’ profitability. As for the implication of international accounting standards, these findings suggest that adoption of global accounting standards is bringing positive change in the capital market through firms’ development in terms of profitability.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2020-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/14765284.2020.1846010","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44956525","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}