Pacific Economic Review最新文献

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Constructing the job‐finding rate and separation rate of Hong Kong labour market 构建香港劳动力市场的就业率和离职率
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-06-09 DOI: 10.1111/1468-0106.12333
Bin Wang, Yum K. Kwan
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引用次数: 0
Dynamic effects of changes to Japanese immigration policy 日本移民政策变化的动态影响
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-27 DOI: 10.1111/1468-0106.12332
Scott C. Bradford, Kerk L. Phillips
{"title":"Dynamic effects of changes to Japanese immigration policy","authors":"Scott C. Bradford, Kerk L. Phillips","doi":"10.1111/1468-0106.12332","DOIUrl":"https://doi.org/10.1111/1468-0106.12332","url":null,"abstract":"This paper constructs a multi-sector dynamic general equilibrium model for a trading economy. We incorporate three major factors of production: capital, skilled labor & unskilled labor. We solve and calibrate the model using data from Japan. We then consider changes to immigration policy. We are able to examine the effects on output, consumption, wages, and utility. We do this for both the new steady state and for the time-path leading to that steady state. In addition, we are able, if we so wish, to impose a series of unrelated macroeconomic shock to the model. This has the advantage of allowing us to calculate confidence bands around our policy impulse response functions.\u0000\u0000We find that allowing skilled labor to immigrate leads to greater welfare gains in the steady state. However, even with exclusively unskilled immigration, existing workers are made slightly better off on average when immigration restrictions are relaxed. We also show that there is a great deal of uncertainty surrounding the exact time path to a new steady state in the presence of the typical fluctuations associated with business cycles. We find a great deal of inertia in the transition to a new steady state.","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2020-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12332","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46950171","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: 1
Japanese‐brand auto sales in China under the shadow of oppositional sentiments 日系品牌汽车在中国的销售受到反对情绪的影响
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12324
Zhao Chen, Julan Du, Hongli Yang
{"title":"Japanese‐brand auto sales in China under the shadow of oppositional sentiments","authors":"Zhao Chen, Julan Du, Hongli Yang","doi":"10.1111/1468-0106.12324","DOIUrl":"https://doi.org/10.1111/1468-0106.12324","url":null,"abstract":"","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"272-305"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12324","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43448454","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: 4
Special issue on foreign trade and investment in China’s continuing economic opening and the Belt and Road Initiative 中国经济持续开放与“一带一路”倡议建设中的对外贸易与投资特刊
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12327
Julan Du, Gaoju Yang, Hugh Dang
{"title":"Special issue on foreign trade and investment in China’s continuing economic opening and the Belt and Road Initiative","authors":"Julan Du, Gaoju Yang, Hugh Dang","doi":"10.1111/1468-0106.12327","DOIUrl":"https://doi.org/10.1111/1468-0106.12327","url":null,"abstract":"","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"121-126"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12327","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44474597","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: 2
Technology import, secondary innovation, and industrial structure optimization: A potential innovation strategy for China 技术进口、二次创新与产业结构优化:中国潜在的创新战略
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12326
Hongwei Liao, Liangping Yang, Heyao Ma, Jiao-Ling Zheng
{"title":"Technology import, secondary innovation, and industrial structure optimization: A potential innovation strategy for China","authors":"Hongwei Liao, Liangping Yang, Heyao Ma, Jiao-Ling Zheng","doi":"10.1111/1468-0106.12326","DOIUrl":"https://doi.org/10.1111/1468-0106.12326","url":null,"abstract":"To enhance people’s lives, China needs to maximize the opportunities of technological changes and conduct innovations to optimize its industrial structure in the context of intellectual property rights (IPR) protection. The present paper analyses how industrial structure can be optimized by considering technology imports and innovations, and proposes an innovation strategy for China. We decompose imported technology into embodied technology imports (ETI) and disembodied technology imports (DTI). We found that ETI and DTI have negative effects on industrial structure rationalization and supererogation. Moreover, secondary innovations based on ETI depress industrial rationalization and supererogation, while secondary innovations based on DTI contribute positively. Therefore, DTI should be valued and the absorption of introduced technology improved. It is important to choose the appropriate mode of technology imports, to coordinate on the ratio of technology imports to secondary innovations, and to enhance the absorption of imported technology with the gradual improvement of IPR protection.","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"145-160"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12326","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45700900","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: 17
Unity versus Collaboration: Construction of China's Belt and Road Free Trade Agreement 2.0 Network 团结与合作:中国“一带一路”自贸协定2.0网络的构建
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12323
Jing-Jiao Lu, X. Pan, Zuoling Xie
{"title":"Unity versus Collaboration: Construction of China's Belt and Road Free Trade Agreement 2.0 Network","authors":"Jing-Jiao Lu, X. Pan, Zuoling Xie","doi":"10.1111/1468-0106.12323","DOIUrl":"https://doi.org/10.1111/1468-0106.12323","url":null,"abstract":"In the context of the United States prioritizing bilateral as well as trilateral trade agreements and China's regional economic integration strategy based on the Belt and Road (BR the potential member countries tend to choose larger organizations for higher economic benefits when there are several regional trade agreements. Our quantitative simulation shows that promoting the construction of the FTA 2.0 network based on the B&R can significantly alleviate the impact of FTA entered into by the United States with its major trading partners.","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"250-271"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12323","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44333751","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: 4
Intellectual property rights and the upgrading of the global value chain status 知识产权与全球价值链地位的提升
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12325
Gaoju Yang, Yilu Zhang, Xiao Yu
{"title":"Intellectual property rights and the upgrading of the global value chain status","authors":"Gaoju Yang, Yilu Zhang, Xiao Yu","doi":"10.1111/1468-0106.12325","DOIUrl":"https://doi.org/10.1111/1468-0106.12325","url":null,"abstract":"The present paper explores how intellectual property rights (IPR) protection affects an economy’s status in global value chains (GVC) by introducing IPR protection into the sequential production model. We find that a suitable IPR protection system that matches the phase of economic and technological development a country has reached is the key for developing countries to upgrade their status in GVC, which are dominated by multinational firms from developed countries. Empirical analysis with multinational panel data for 55 countries from 2005 to 2015 provides evidence in support of the predictions of this model, although the GVC‐enhancing effects of IPR protection are heterogeneous for developing and developed countries. The empirical conclusions are robust after using the instrumental variable method and controlling for endogeneity.","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"185-204"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12325","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46015660","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: 9
Issue Information 问题信息
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12305
{"title":"Issue Information","authors":"","doi":"10.1111/1468-0106.12305","DOIUrl":"https://doi.org/10.1111/1468-0106.12305","url":null,"abstract":"","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12305","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45402165","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 the reduction of regional trade policy uncertainty increase Chinese enterprises' outward foreign direct investment? Evidence from the China−ASEAN Free Trade Area 区域贸易政策不确定性的降低是否增加了中国企业的对外直接投资?以中国-东盟自由贸易区为例
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12331
Lin Sun, Kexuan Zhou, Linhui Yu
{"title":"Does the reduction of regional trade policy uncertainty increase Chinese enterprises' outward foreign direct investment? Evidence from the China−ASEAN Free Trade Area","authors":"Lin Sun, Kexuan Zhou, Linhui Yu","doi":"10.1111/1468-0106.12331","DOIUrl":"https://doi.org/10.1111/1468-0106.12331","url":null,"abstract":"Regional trade policy uncertainty is an important factor affecting enterprises' outward foreign direct investment (OFDI). This paper uses the China−ASEAN Free Trade Area as the research object. The research uses the “China Industrial Firm Database” from 2001 to 2013 and the “List of Chinese Overseas Investment Enterprises (Institutions)” to match micro‐enterprise data. Using the difference‐in‐difference (DID) approach to construct quasi‐natural experiments, we study the impact of the reduction in regional trade policy uncertainty on Chinese enterprises' OFID. The results show that the free trade agreement strategy implemented by China has reduced the regional trade policy uncertainty, which has had a significant positive impact on Chinese enterprises' OFDI. The establishment of the China−ASEAN Free Trade Area has significantly increased Chinese enterprises' OFID in ASEAN countries. The study further finds that enterprises of different ownership types, in different regions and of different factor intensities display heterogeneous effects in this process. The empirical results of the paper provide new ideas for promoting OFDI from the standpoint of reducing regional trade policy uncertainty, and also provide a new perspective for explaining the increase in foreign investment in China in recent years.","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"127-144"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12331","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43016421","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: 9
The puzzle of quality upgrading of Chinese exports from the trade liberalization perspective 贸易自由化视角下的中国出口产品质量升级之谜
IF 1.5 4区 经济学
Pacific Economic Review Pub Date : 2020-05-01 DOI: 10.1111/1468-0106.12330
Xianhai Huang, Kun Liu, Hangyu Chen
{"title":"The puzzle of quality upgrading of Chinese exports from the trade liberalization perspective","authors":"Xianhai Huang, Kun Liu, Hangyu Chen","doi":"10.1111/1468-0106.12330","DOIUrl":"https://doi.org/10.1111/1468-0106.12330","url":null,"abstract":"","PeriodicalId":46516,"journal":{"name":"Pacific Economic Review","volume":"25 1","pages":"161-184"},"PeriodicalIF":1.5,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/1468-0106.12330","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42684698","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: 3
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