Journal of Asian Economics最新文献_第10页

Capital market opening and insider trading profitability: Empirical evidence in the context of ‘Mainland China–Hong Kong Stock Connect’ 资本市场开放与内幕交易盈利能力：中港通 "背景下的经验证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-08 DOI: 10.1016/j.asieco.2024.101768

Chunyang Lu, Xingquan Yang

引用次数: 0

Reining in the riskiest? Evidence of non-linear impacts of macroprudential regulations on bank systemic risk in China 约束风险最大者？宏观审慎监管对中国银行系统性风险非线性影响的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-07 DOI: 10.1016/j.asieco.2024.101765

Qiaoling Kang , Minghua Chen , Ji Wu , Bang Nam Jeon

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Do the types of agricultural socialized services and their diverse suppliers matter to farmland renting in rural China? 农业社会化服务的类型及其多样化的提供者对中国农村的耕地租赁有影响吗？

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-04 DOI: 10.1016/j.asieco.2024.101763

Yueming Cao , Yunli Bai , Linxiu Zhang

{"title":"Do the types of agricultural socialized services and their diverse suppliers matter to farmland renting in rural China?","authors":"Yueming Cao , Yunli Bai , Linxiu Zhang","doi":"10.1016/j.asieco.2024.101763","DOIUrl":"https://doi.org/10.1016/j.asieco.2024.101763","url":null,"abstract":"<div><p>Based on the nationally representative panel data collected in 2000 households in 100 villages of 5 provinces in 2016 and 2019, this study analyzed the impact and potential paths of different types of agricultural socialization services (labor-intensive, technology-intensive, marketing) on farmland rented-in from the perspectives of accessibility and diversity of suppliers. The consistent results yielded from OLS, fixed effect model, and instrumental variable method showed that labor-intensive services had positive and significant effects on the probability and size of renting in farmland and it was much larger for the households without off-farm employment or with rich farmland endowment. However, neither technology-intensive nor marketing services had such effects . The substitution effect of different type of services on labor force, the attributes of service providers, and the characteristics of service buyers contributed to the difference. These findings imply that the government should pay more attention to the development of technology-intensive and marketing services, especially for smallholders, while keeping to encourage and support various suppliers to provide labor-intensive services.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101763"},"PeriodicalIF":3.2,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141323283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Synergistically promoting enterprises to replace old growth drivers with new ones: The roles of market and government 市场与政府协同推动企业以新的增长动力取代旧的增长动力

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-03 DOI: 10.1016/j.asieco.2024.101766

Mingjin Wang , Yongyou Li , Fuwei Chi

引用次数: 0

Financial literacy, farmland mortgage financing, and household entrepreneurship: Empirical evidence from rural China 金融知识、农地抵押融资与家庭创业：来自中国农村的经验证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-03 DOI: 10.1016/j.asieco.2024.101767

Lanlan Su , Yanling Peng , Rong Kong

{"title":"Financial literacy, farmland mortgage financing, and household entrepreneurship: Empirical evidence from rural China","authors":"Lanlan Su , Yanling Peng , Rong Kong","doi":"10.1016/j.asieco.2024.101767","DOIUrl":"10.1016/j.asieco.2024.101767","url":null,"abstract":"<div><p>Farmland mortgage financing policy has been actively carried out and intertwined with mass entrepreneurship strategy in China in recent years. Using survey data of 1947 rural households in pilot counties of farmland mortgage loans (FMLs), we contribute to the literature by examining the impact of financial literacy on rural households’ entrepreneurship with considering the heterogeneity between agricultural and non-agricultural entrepreneurship and exploring how financial literacy affects entrepreneurship through FMLs. The results show that financial literacy has a significant and positive impact on both rural households’ agricultural and non-agricultural entrepreneurship. Moreover, households with higher level of financial literacy show a higher probability in the application for and approval of more FMLs. This study provides strong evidence that the impact of financial literacy on farm households’ agricultural entrepreneurship is partially mediated by FMLs, while that impact on their non-agricultural entrepreneurship is partially suppressed by FMLs. We further find that financial literacy can also increase rural households’ entrepreneurial income through their approval of FMLs. These findings suggest that systematical financial literacy training programs are needed to popularize FML products and services and facilitate rural households’ entrepreneurship.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101767"},"PeriodicalIF":3.2,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141277043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

The impact of zero-COVID policies on academic performance: Evidence from primary and secondary students in China 零升学率政策对学习成绩的影响：来自中国中小学生的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-06-01 DOI: 10.1016/j.asieco.2024.101762

Yaqin (Joyce) Su , Anping Xia , Da Gong , Andong Yan

{"title":"The impact of zero-COVID policies on academic performance: Evidence from primary and secondary students in China","authors":"Yaqin (Joyce) Su , Anping Xia , Da Gong , Andong Yan","doi":"10.1016/j.asieco.2024.101762","DOIUrl":"https://doi.org/10.1016/j.asieco.2024.101762","url":null,"abstract":"<div><p>The outbreaks of coronavirus disease 2019 (COVID-19) and subsequent lockdowns and school closures have caused varying degrees of academic disruptions for children. This paper exploits variation in the duration that cities were classified as medium- or high-risk areas to identify the effects of China’s zero-COVID policy on the academic outcomes of children aged 6 to 15. Employing a difference-in-differences methodology and focusing on within-student changes in academic performance between the pre- and early stages of the pandemic, we uncover robust evidence that the stringency of the zero-COVID policy is associated with significantly better mathematics performance for boys, while having no effects on girls. Mechanism analyses show that parental discipline is crucial for children’s academic performance during COVID-19. Boys benefit more from parental discipline than girls, especially those with weaker noncognitive skills. In particular, a conscientious mother, coupled with an amiable father, seems to bring about the best outcomes for the child. Importantly, our findings go beyond the confines of the COVID-19 pandemic, emphasizing the general impact of family dynamics on children’s educational resilience in the face of unforeseen challenges.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"93 ","pages":"Article 101762"},"PeriodicalIF":3.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1049007824000575/pdfft?md5=c3dd62eb51b78dabaaf5201d5d6725e1&pid=1-s2.0-S1049007824000575-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141250073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Peer effects of local students on the human capital of migrant children in middle schools: Evidence from China 本地学生对初中流动儿童人力资本的同伴效应：来自中国的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-05-31 DOI: 10.1016/j.asieco.2024.101764

Xiaoyu Liu , Boou Chen , Jinhua Zhang

{"title":"Peer effects of local students on the human capital of migrant children in middle schools: Evidence from China","authors":"Xiaoyu Liu , Boou Chen , Jinhua Zhang","doi":"10.1016/j.asieco.2024.101764","DOIUrl":"https://doi.org/10.1016/j.asieco.2024.101764","url":null,"abstract":"<div><p>The role of peer effects in children's human capital accumulation has attracted increased amounts of attention. Using data from a nationally representative survey of Chinese middle school students, this paper exploits random student-classroom assignment as a quasi-natural experiment to identify the peer effects of local students on the human capital of migrant children in Chinese middle schools. The results indicate that the peer effects of local students significantly improve the human capital of migrant children, including academic performance, cognitive abilities and non-cognitive abilities. Moreover, these peer effects can be further explained by improved parent-child relationships and parental expectations, increased student effort and expectations, and optimized teachers' teaching and school climate. Additionally, the peer effects from local students varies with migrant children's gender, <em>Hukou</em>, number of siblings and grade. Our research contributes to complementing the research field regarding peer effects and provides a new policy-oriented direction for the development of migrant children's human capital.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101764"},"PeriodicalIF":3.2,"publicationDate":"2024-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141298071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Impact of regulating political connections on employee welfare attitude: Evidence from China 规范政治关系对员工福利态度的影响：来自中国的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-05-21 DOI: 10.1016/j.asieco.2024.101760

Xiaohui Hou, Jingwen Zhao

{"title":"Impact of regulating political connections on employee welfare attitude: Evidence from China","authors":"Xiaohui Hou, Jingwen Zhao","doi":"10.1016/j.asieco.2024.101760","DOIUrl":"https://doi.org/10.1016/j.asieco.2024.101760","url":null,"abstract":"<div><p>We investigated how regulating political connections affects firms’ employee welfare attitudes using a quasi-natural experiment in China. We find that the depoliticization regulation negatively impacts employee welfare attitudes toward firm staff benefits, but positively impact welfare attitudes toward firm humanistic care. Furthermore, we find that the SOEs’ employee welfare attitude regarding staff benefits is profoundly reduced; the effect of regulating political connections on welfare attitudes toward firms’ humanistic care is particularly effective for non-SOEs. Additionally, the impact of regulating political connections on employees’ welfare attitudes is particularly profound for firms in the manufacturing sector. Moreover, our empirical results indicate that the impact of regulating political connections on employee welfare attitudes is significant, particularly for firms experiencing financial constraints. Firms located in neither left- nor right-leaning regions seem to form the most affected group. Finally, the weakening of firms’ political connections has resulted in a decline of corporate wage differentials.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"93 ","pages":"Article 101760"},"PeriodicalIF":3.2,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141089901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Impact of rural industrial integration on farmers' income: Evidence from agricultural counties in China 农村产业融合对农民收入的影响：来自中国农业县的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-05-19 DOI: 10.1016/j.asieco.2024.101761

Jingyu Wang , Lu Peng , Jiancheng Chen , Xiangzheng Deng

{"title":"Impact of rural industrial integration on farmers' income: Evidence from agricultural counties in China","authors":"Jingyu Wang , Lu Peng , Jiancheng Chen , Xiangzheng Deng","doi":"10.1016/j.asieco.2024.101761","DOIUrl":"10.1016/j.asieco.2024.101761","url":null,"abstract":"<div><p>Rural industrial integration serves as an effective strategy to promote farmers' wealth, income, and overall rural revitalization. Drawing on the theories of national accounting and transaction costs, this study formulates a mechanism for how rural industrial integration increases farmers' income. It achieves this by increasing the value added of products, increasing short-term agricultural output, and reducing transaction costs. The research focuses on agricultural counties and districts in Liaoning and Shanxi provinces, and constructs a rural industrial integration index using the Herfindahl coefficient. The empirical analysis uses the PVAR model to test the relationship between the development of rural industrial integration and farmers' income. The results show that: the integration of primary and tertiary industries has a positive effect on the growth of farmers' income, while the integration of secondary and tertiary industries has only promoted the growth of farmers' income in Liaoning Province. Different integration models have different effects on the growth of farmers' income. Farmers' income significantly influences the development of rural industrial integration, but its effects vary across regions. Based on these findings, policy recommendations include tailoring strategies based on local resources and asset conditions, promoting vertical and horizontal integration of industrial chains, strengthening financial support, and encouraging the participation of new enterprises. The ultimate goal is to achieve comprehensive development of rural industries and increase farmers' incomes.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"93 ","pages":"Article 101761"},"PeriodicalIF":3.2,"publicationDate":"2024-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141136038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Can broadband infrastructure construction promote equality of opportunity? Evidence from a quasi-natural experiment in China☆ 宽带基础设施建设能否促进机会平等？来自中国准自然实验的证据

IF 3.2 3区经济学

Journal of Asian Economics Pub Date : 2024-05-17 DOI: 10.1016/j.asieco.2024.101759

Cheng Zhang , Xiyan Weng

引用次数: 0