{"title":"Climate Finance: Employment Opportunity or Alternative Crisis: Evidence From Chinese Listed Companies","authors":"Yuran Sun, Xiaohui Chen, Zhenmin Wang","doi":"10.1111/1467-8454.70005","DOIUrl":"https://doi.org/10.1111/1467-8454.70005","url":null,"abstract":"<p>Based on a theoretical analysis, this study examines the impact of climate finance on employment and its mechanism based on calculated climate finance indices of Chinese cities and provinces from 2008 to 2023, combined with samples of A-share listed enterprises in the Shanghai and Shenzhen stock markets. The results show that climate finance plays a positive role in promoting the employment level of enterprises. With the improvement in the climate finance level in the city where enterprises are located, the employment level of enterprises increases. Second, climate finance reduces the capital-labor ratio of enterprises by encouraging them to carry out R&D activities, digital transformation, and risk hedging. This reduces the capital-labor ratio and improves the employment level of enterprises. Third, climate finance can reduce the agency cost between shareholders and managers by reducing the difficulty of supervision by shareholders, alleviates information asymmetry, and curbs managerial opportunistic behavior. This lowers agency costs between shareholders and managers, thereby improving the employment level of enterprises.</p>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"402-416"},"PeriodicalIF":1.7,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.70005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646770","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":"Unemployment and Transport Poverty: Evidence From Australian Households","authors":"Opoku Adabor, Enock Kojo Ayesu","doi":"10.1111/1467-8454.70003","DOIUrl":"https://doi.org/10.1111/1467-8454.70003","url":null,"abstract":"<p>Transportation is crucial in modern society because it improves access to essential services, employment opportunities, and recreational activities. Examining the implications of transport poverty is therefore an important public policy issue. To add to the literature and policy, we examine the impact of transport poverty on unemployment at the household level. Using three different measures of transport poverty, we find that transport poverty increases unemployment at the household level. We find this effect to be relatively larger after addressing the endogeneity inherent in our preferred measures of transport deprivation using heteroskedasticity-based identification and an instrumental variable strategy. Our mediation analysis shows that employees deprived of access to affordable and reliable transport services spend more time traveling to work, increasing the risk of job instability.</p>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"389-401"},"PeriodicalIF":1.7,"publicationDate":"2025-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.70003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646664","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":"Trade Efficiency of Information and Communication Technology Products Between China and RCEP Member Countries","authors":"Xiaomei Wang, Yixin Zhu, Tonghe Zhang","doi":"10.1111/1467-8454.70002","DOIUrl":"https://doi.org/10.1111/1467-8454.70002","url":null,"abstract":"<div>\u0000 \u0000 <p>Using the stochastic frontier gravity model and information and communication technology (ICT) product trade data from 2007 to 2021, this study measures and compares the efficiency of ICT product trade between China and Regional Comprehensive Economic Partnership (RCEP) member countries. The results of this study indicate that the trade flow of ICT products is positively correlated with the level of economic development and negatively correlated with geographical distance. Government efficiency, trade and transport-related infrastructure quality, higher education enrollment rate, and the number of mobile phone users have a positive effect on the trade efficiency of ICT products. Compared to the United States and the European Union, China has the lowest export efficiency and the highest import efficiency of ICT products to RCEP member countries. The trade efficiency estimates also reveal that China's efficient ICT product trading partners include Australia, Japan, New Zealand, Singapore, and South Korea, while inefficient ICT product trading partners include Brunei, Cambodia, Laos, and Myanmar. Moreover, there are significant differences in trade efficiency among different categories of ICT products. Therefore, China should focus on minimizing the impact of non-efficiency factors in trade, implement differentiated cooperation strategies with RCEP member countries, and promote the diversification of ICT product trade.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"473-485"},"PeriodicalIF":1.7,"publicationDate":"2025-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646624","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}
{"title":"Oil Shocks and Air Travel Demand: Insights From Korea and Japan","authors":"Jungho Baek, Soojoong Nam","doi":"10.1111/1467-8454.70001","DOIUrl":"https://doi.org/10.1111/1467-8454.70001","url":null,"abstract":"<div>\u0000 \u0000 <p>This research explores the effects of various oil shocks—supply, aggregate demand, and oil-specific demand—on the demand for air passenger and freight services in South Korea and Japan. Employing structural vector autoregressive (SVAR) and autoregressive distributed lag (ARDL) models, it analyzes data from 2000 to 2022. The findings indicate that different oil shocks, especially two types of demand shocks, substantially impact air travel demand in these countries. The study also points out the significant roles economic growth and exchange rates play. These outcomes highlight the critical need to integrate oil price dynamics into air travel demand models, considering the specific economic contexts of South Korea and Japan. The study concludes by offering policy recommendations to mitigate the impacts of oil price fluctuations on air travel, underscoring the need for adaptive strategies within the aviation industry to manage these changes effectively.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"457-472"},"PeriodicalIF":1.7,"publicationDate":"2025-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646685","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}
Roula Inglesi-Lotz, Jessika Bohlmann, Anna Maria Oosthuizen, Margaret Chitiga-Mabugu, Heinrich Bohlmann, Getrude Njokwe, Helen Cabalu, Julian Inchauspe, Hiroaki Suenaga, N. T. Khuong Truong
{"title":"Tailored Paths Towards Gender Equality: Insights From South Africa and Australia","authors":"Roula Inglesi-Lotz, Jessika Bohlmann, Anna Maria Oosthuizen, Margaret Chitiga-Mabugu, Heinrich Bohlmann, Getrude Njokwe, Helen Cabalu, Julian Inchauspe, Hiroaki Suenaga, N. T. Khuong Truong","doi":"10.1111/1467-8454.70000","DOIUrl":"https://doi.org/10.1111/1467-8454.70000","url":null,"abstract":"<p>This study examines how context-specific gender equality policies address disparities by comparing South Africa's equity-based and Australia's equality-oriented approaches. Through a comparative lens, it analyses the effectiveness of tailored affirmative action policies, including South Africa's Employment Equity Act and Australia's Workplace Gender Equality Act, in addressing gender disparities. While South Africa emphasises redressing past imbalances and promoting equity for historically disadvantaged groups, Australia focuses on advancing workplace diversity and equitable pay. The analysis explores critical metrics such as the Global Gender Gap Index, employment-to-population ratios, and the Gender Inequality Index to highlight differences in progress and challenges each country faces. Findings reveal that although both countries prioritise gender equality, their approaches reflect distinct sociopolitical and economic priorities. South Africa's policies are deeply rooted in transformative justice and constitutional mandates, whereas Australia's initiatives integrate gender analysis into fiscal and corporate strategies. Despite progress, significant gaps persist, particularly in economic participation and societal gender biases. The study underscores the importance of evidence-based and context-specific policies in achieving Sustainable Development Goal 5. It advocates for exchanging insights and adapting strategies to local contexts, emphasising the limitations of universal solutions in addressing complex gender inequalities. By comparing these two cases, this research contributes to a broader understanding of how countries can advance gender equality while navigating unique historical and socio-economic landscapes.</p>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"486-490"},"PeriodicalIF":1.7,"publicationDate":"2025-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.70000","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646684","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":"How Does Digital Financial Inclusion Affect Agricultural Carbon Emissions? The Case of China","authors":"Juan Wang, Li Liu, Xue Wang","doi":"10.1111/1467-8454.12404","DOIUrl":"https://doi.org/10.1111/1467-8454.12404","url":null,"abstract":"<div>\u0000 \u0000 <p>This study utilizes data from 31 provinces in China between 2011 and 2018 to examine the impact of digital financial inclusion on agricultural carbon emissions and its underlying mechanisms. The study finds that digital financial inclusion can significantly reduce agricultural carbon emissions, particularly in southern China and non-major grain-producing provinces. Mediation effect analysis reveals that digital financial inclusion can reduce agricultural carbon emissions by enhancing the level of agricultural mechanization. Further analysis reveals that the scale of agricultural operations and the proportion of grain crops can strengthen the relationship between digital financial inclusion and agricultural carbon emissions. The research findings provide empirical evidence and a basis for decision-making to fully leverage the carbon reduction effects of digital financial inclusion.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"446-456"},"PeriodicalIF":1.7,"publicationDate":"2025-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646800","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}
{"title":"Can Digital Finance Narrow Regional Economic Disparities? Evidence From Urban Agglomerations in China","authors":"Qiuyang Zhou","doi":"10.1111/1467-8454.12403","DOIUrl":"https://doi.org/10.1111/1467-8454.12403","url":null,"abstract":"<div>\u0000 \u0000 <p>With the continuous acceleration of economic development, the problem of regional economic imbalance has become increasingly prominent. From the perspective of core–periphery, this study examines the impact of digital finance on the economic disparities between cities and tests the mediating effect of factor mobility. The results show that digital finance is conducive to narrowing the economic disparities between central cities and peripheral cities. Factor mobility is the primary mechanism. Digital finance can reduce urban economic disparities by facilitating the flow of capital factors. Heterogeneity analysis shows that the role of digital finance is more significant in the eastern and central regions. Among the three sub-indicators of digital finance, both the coverage breadth and the digitization are conducive to narrowing urban economic disparities. Therefore, the construction of digital financial infrastructure should be strengthened to increase the coverage breadth of digital finance so that a broader range of regions and groups can enjoy the digital dividend and promote coordinated regional development.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 4","pages":"435-445"},"PeriodicalIF":1.7,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145646486","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}
{"title":"Understanding Low Levels of Participation and Diversity in Economics: A Survey of High School Students","authors":"Tanya Livermore, Mike Major","doi":"10.1111/1467-8454.12402","DOIUrl":"https://doi.org/10.1111/1467-8454.12402","url":null,"abstract":"<div>\u0000 \u0000 <p>Using data from a novel survey of over 4800 students, we examine the low levels of participation and diversity in Economics at Australia's high schools. We find that student demand for Economics as a subject is strongly associated with socio-educational advantage and sex, even when accounting for sample selection in whether schools offer Economics. Students typically have positive perceptions of economics as a field; however, the perceptions of Economics as a subject tend to be negative. Males compared to females, and students from more socio-educationally advantaged schools compared to less socio-educationally advantaged schools have more favorable perceptions of Economics as a subject, which is reflected in a higher likelihood of them choosing to study Economics. Controlling for a greater perceived understanding of what the subject of Economics is about does reduce some of the sex and socio-educational differences in perceptions, but a gap remains.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 3","pages":"368-379"},"PeriodicalIF":1.7,"publicationDate":"2025-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144927615","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}
{"title":"Energy Transition and Household Carbon Emissions in China","authors":"Su Yan, Lu Jin, Wang Tianhui","doi":"10.1111/1467-8454.12401","DOIUrl":"https://doi.org/10.1111/1467-8454.12401","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper uses CFPS 2014, 2016, and 2018 micro-survey data to measure the level of household carbon emissions and utilizes Chinese city data to construct a composite index to measure the development level of energy transition and then empirically examines the impact of city energy transition on household carbon emissions through macro–micro data matching. It is found that the higher the index level of energy transition, the more obvious the inhibitory effect on household carbon emissions. Subsequently, the robustness test and the estimation results considering the endogeneity problem are not significantly different from the baseline regression findings. The mechanism analysis suggests that energy transition will have an indirect effect on household carbon emissions through green technology innovation, environmental regulation and the adjustment of consumer lifestyles. The heterogeneity study found that the impacts of energy transition on different household age structures, housing sizes, geographic locations and energy structures show significant differences. This paper has important policy implications for accelerating city energy transition, promoting energy structure transformation, and guiding household decarbonization.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 3","pages":"356-367"},"PeriodicalIF":1.7,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144927745","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}
{"title":"Effect of the Membership in the World Trade Organization on Income Inequality","authors":"Sèna Kimm Gnangnon","doi":"10.1111/1467-8454.12400","DOIUrl":"https://doi.org/10.1111/1467-8454.12400","url":null,"abstract":"<div>\u0000 \u0000 <p>This note investigates empirically the effect of membership in the GATT/WTO on trade policy and income inequality in developing countries. The analysis has shown that GATT/WTO membership is associated with trade policy liberalization and lower income inequality, although the magnitudes of these effects vary across groups of countries.</p>\u0000 </div>","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"64 3","pages":"380-385"},"PeriodicalIF":1.7,"publicationDate":"2025-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144927546","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}