Journal of Chinese Economic and Business Studies最新文献

{"title":"Environmental regulation, human capital, and pollutant emissions: the case of SO2 emissions for China","authors":"Kangyin Dong, Jun Zhao, Xiaohang Ren, Yukun Shi","doi":"10.1080/14765284.2022.2106539","DOIUrl":"https://doi.org/10.1080/14765284.2022.2106539","url":null,"abstract":"ABSTRACT This study aims to explore whether the impact of environmental regulation on pollution emissions varies across China’s regions under different human capital levels. And whether environmental regulation will affect sulfur emissions through human capital is also examined. The empirical results conclude that: (1) environmental protection investment cannot effectively contribute to sulfur emission reduction for the full sample; (2) environmental regulation can aggravate pollution emissions when human capital is low, while human capital is in a high-level, enhanced regulation can help reduce pollution emissions; and (3) environmental regulation can help strengthen sulfur reduction through human capital accumulation; however, the reduction of sulfur emissions by human capital cannot offset the direct positive effect of environmental regulation on sulfur emissions.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47155618","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":"Health capacity to work of the older adults in China: evidence from CHIPs","authors":"Yibo Mao, Xinxin Ma, Peng Zhan","doi":"10.1080/14765284.2022.2103629","DOIUrl":"https://doi.org/10.1080/14765284.2022.2103629","url":null,"abstract":"ABSTRACT This study attempts to estimate how much older adults would work if they were to work as much as middle-aged adults with the same health status in China. Using data from the China Household Income Project survey in 2013 and 2018, and based on the Milligan–Wise and CMR models, three main findings emerge: first, an untapped additional work capacity exists for those in the group aged 60–69, which comprises 29.8–65.8% of urban residents and 4.4–22.4% of rural residents. Second, additional work capacity is higher for urban residents with higher levels of education than for their counterparts, and the educational disparity in work capacity is greater for urban residents than for rural residents. Third, the decomposition results indicate that changes in health status contributed to increased potential work capacity for urban residents while decreasing that of rural residents.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43931657","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":"China’s rise and peace building in Asia","authors":"Yunling Zhang","doi":"10.1080/14765284.2022.2046439","DOIUrl":"https://doi.org/10.1080/14765284.2022.2046439","url":null,"abstract":"ABSTRACT China needs a long-time peaceful and cooperative environment, and it has no intention to overthrow the existing basic international system. China supports a multiple world with different cultures, political systems and social structures based on the principle of mutual respect and peaceful coexistence. The relationship between China and the United States seems enter into a sensitive and dangerous time. We need new mind set and wisdom to handle such a complex and important relationship. China’s rise is a significant event in our world. The quick rise of China changes China itself and also changes the region and the world. Due to these changes, the relations between China and the outside world are undergoing significant restructuring. It is crucial to manage the changes smoothly so as to realize a peaceful age.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41486425","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":"East meets West: challenges and responses in pandemic times","authors":"Yuan Li, A. Hadfield","doi":"10.1080/14765284.2022.2077631","DOIUrl":"https://doi.org/10.1080/14765284.2022.2077631","url":null,"abstract":"ABSTRACT The COVID-19 pandemic has few recent parallels in terms of its scale and scope in contemporary human history. Its after-effects are ongoing, many of which include a devastating impact on economies and societies the world over. Within this Special Issue, we reflect on the major impacts, trends and consequences that have arisen from spread of the Covid-19 pandemic in the past two years. In doing so, we highlight the varying responses of national governments and international institutions, explore the causes behind the choice of different models to suppress the pandemic, and evaluate the way in which those choices have had material impacts on communities, economies and governments. We also focus on some of the specific interactions between China and the outside world, including its relationship and cooperation with Asia and Europe, amidst US-China rivalry.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59960946","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 the annual income earned influence the decision-making in the Indian Secondary equity market?","authors":"R. Isidore, C. Arun","doi":"10.53462/aznz9904","DOIUrl":"https://doi.org/10.53462/aznz9904","url":null,"abstract":"The annual income earned plays a very important role in stock investing as it influences several dimensions of the investment process. The main goal of this research was to examine the role of the annual income earned by the secondary equity investors in the decision- making process. The research is exploratory in nature where a questionnaire survey was conducted on a sample of 436 secondary equity investors residing in the Chennai city of India. The data was analysed using quantitative techniques like ANOVA, Multinomial Logistic Regression, Discriminant and Cross Tabulation. The ANOVA results revealed that except in economy analysis and company analysis, the investors belonging to the various income groups differed in all the other decision-making techniques. When divided in terms of gender and age as well, the results were significant. The Multinomial logistic regression analysis resulted in a robust model which showed that industry analysis, technical analysis, gender*advocate recommendation and gender*equity investment knowledge are significant predictors of the annual income. The Discriminant model developed to predict the returns earned in equity investments showed that only the industry analysis and company analysis have a positive relationship with the equity returns. The demographic and financial profile of the high- and low-income investors were examined in the Cross-tabulation analysis. The main outcomes of the study are (i) older investors are less likely to belong to the low income group compared to the average income group; (ii) the low-income investors are likely to be male investors with decreased equity investment knowledge; (iii) investors who employ industry analysis are more likely to belong to the high income group and those who employ technical analysis are less likely to belong to the high income group compared to the average income group and (iv) investors with more equity investment knowledge are more likely to belong to the high income group compared to the average income group. The results also show that adopting industry analysis and/or company analysis may lead to a higher probability of earning higher returns in the equity market whereas the adoption of economy analysis, technical analysis and/or advocate recommendation lead to lower returns. This study would guide investors and advisors to examine the direct and indirect influences of the income earned. Government bodies and investor associations need to focus on the low income investors who are more vulnerable to financial blunders owing to their financial issues.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80825205","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":"Determinants Impacting Resale Premium Disparity When Selling a Small Business: A Predictive Non-Linear Approach","authors":"John Hayes, David Smith, M. Copeland","doi":"10.53462/itgb3748","DOIUrl":"https://doi.org/10.53462/itgb3748","url":null,"abstract":"Small and entrepreneurial business activity worldwide continues to have a positive influence on economic growth and development. While there has been a plethora of studies on small business development, enhancement, and drivers for success, minimal research examines small business resales. Specifically, studies regarding the exit of small business owners through the selling of their business is sparse. More notable, no previous literature can be found concerning variables that optimize or impact the value of a small business resale. The purpose of this study is to identify variables that may have a positive influence on small business resale prices. Through non-linear analysis, the research identifies which variables most accurately predict an above average small business resale price. A dataset that examines 2,159 small business firms sold over a 10-year period is utilized to derive the study conclusions. Findings confirm that franchise firms receive a higher resale premium when compared with non-franchise firms. The analysis also supports that firms with greater than 25 years in business and that are engaged in Food/Restaurant (non-grocery) businesses receive a higher resale premium, as compared to any other firms in their respective categories.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80869419","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 Causal Effect of Growing up in a Two-Parent Household on Child’s Adult Earnings","authors":"Bob Wen","doi":"10.53462/cvmz1995","DOIUrl":"https://doi.org/10.53462/cvmz1995","url":null,"abstract":"The children who grew up in two-parent households for their entire childhood earn more than the other children reared in non-intact parental families. The causal effect of growing up in a twoparent household on the child’s adult earnings is the hourly earnings difference between the children who grew up in intact families and their counterparts raised by parents who have ever divorced, separated, or widowed, holding relevant factors constant and accounting for endogeneity issues. I identify the causal effect by using the following specification strategies. First, I control the parental income and educational attainment, along with the child’s demographic characteristics (gender, age, race, region, and tenure), to disentangle the childhood family intactness effect from the other parental influence. Second, I take into account the unobserved clan-specific heterogeneity, such as family traditions and genetic characteristics, by fitting the clan fixed effects (FE) models. Third, I use two instrumental variables (IVs), the state divorce rate and the no-fault divorce law effectiveness, for the endogenous childhood family structure and adopt the two-stage least squares (2SLS) approach to further alleviate the omitted variable bias. The estimates are around 0.16, suggesting that the children who grew up in a twoparent household earn about 16% more in adulthood than their counterparts from non-intact families, other things equal. The effect goes through three channels. The child’s education, health, and marital behavior are the mediator variables representing the three observable channels through which childhood family intactness affects the child’s adult earnings. The effect of growing up in a two-parent family on the child’s adult earnings varies with parental income and education. The effect is larger and more significant for sons than for daughters. The heterogeneous pattern of the effect is consistent with the parental utility maximization model’s predictions. Growing up in a two-parent household not only has a positive and significant effect on the child’s adult earnings in absolute values, but it also encourages intergenerational relativeearnings improvement. An intact childhood family lowers the probability of the intergenerational relative-earnings worsening by 6.72% and increases the probability of the intergenerational relative-earnings improvement by 6.67%.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83630446","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":"From fragmented space to the Space University Institute","authors":"Thomas C. Hoerber","doi":"10.1080/14765284.2022.2081486","DOIUrl":"https://doi.org/10.1080/14765284.2022.2081486","url":null,"abstract":"ABSTRACT Starting from the origin of European space policy and its institutions since WW2, this paper discusses the inconsistency of current institutional settings between the European Space Agency (ESA) and EU space policy. It points out the historical cause of this problematic situation and elaborates how it undermines potential synergies that were envisaged initially. Based on its analysis, it is proposed to open ESA up internationally, embodied in re-naming ESA to the Space University Institute (SUI), if one wants to take a parallel development to the European University Institute (EUI), or even entertaining the name International Space Agency. It would build on ESA strength in fostering research, training, and innovation while leaving the utilitarian side of downstream usage of space application to the EU. This opening up of ESA to a wider international constituency could create partnerships as they already exist within ESA with Canadafor example, and with which ESA has substantial experience.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47287561","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":"China’s new growth story: linking the 14th Five-Year Plan with the 2060 carbon neutrality pledge","authors":"N. Stern, Chunping Xie","doi":"10.1080/14765284.2022.2073172","DOIUrl":"https://doi.org/10.1080/14765284.2022.2073172","url":null,"abstract":"ABSTRACT China has announced its commitment to achieving carbon neutrality by 2060, and for this challenging goal to be reached within just four decades, there is a real urgency of shaping the low-carbon agenda in its 14th Five-Year Plan and to ratchet up ambition on climate policy in the near term to peak emissions early. This paper argues that China will have to change the way of development by take a sustainable pathway to growth. And this new approach does not mean sacrificing economic growth; quite the opposite, it can boost growth by providing great opportunities in terms of jobs, efficiency, demand, and many other aspects, while reducing carbon emissions and enabling great benefits with regards to pollution, ecological restoration, biodiversity and well-beings. The COVID-19 pandemic has provided a window of opportunity for China and other countries to cooperate to link the post-pandemic economic recovery with the fight against climate change.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45512636","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":"China’s public health diplomacy in the post Covid-19 era","authors":"Lei Zhao, Bing Wang","doi":"10.1080/14765284.2022.2056380","DOIUrl":"https://doi.org/10.1080/14765284.2022.2056380","url":null,"abstract":"ABSTRACT Public health diplomacy is a diplomatic practice that focuses on addressing public health crises, such as infectious diseases. It is mainly implemented by sovereign states and relies on the joint efforts of health and foreign affairs departments, under the leadership and coordination of international organizations such as the WHO. The purpose is to safeguard national interests and promote global health governance through international medical cooperation. Public health diplomacy has presented new characteristics in the 21st century: health and diplomacy are more and more deeply integrated, involving an increasing number of players; Competition, which co-exists with cooperation on public health, is intensifying in this century; Countries endow this diplomacy with their own characteristics by leveraging their advantages. Compared with that of European countries and America, China’s public health diplomacy started late, but has shown its unique characteristics.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":null,"pages":null},"PeriodicalIF":2.0,"publicationDate":"2022-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49249460","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}