Journal of Asian Economics最新文献

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Government relocation and air pollution: Evidence from China 政府搬迁与空气污染:来自中国的证据
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-09-07 DOI: 10.1016/j.asieco.2024.101799
Shengfeng Lu , Yukun Sun , Hui Tian , Jing Wang
{"title":"Government relocation and air pollution: Evidence from China","authors":"Shengfeng Lu ,&nbsp;Yukun Sun ,&nbsp;Hui Tian ,&nbsp;Jing Wang","doi":"10.1016/j.asieco.2024.101799","DOIUrl":"10.1016/j.asieco.2024.101799","url":null,"abstract":"<div><p>In the pursuit of sustainable economic development, many cities have initiated the relocation of government offices as a strategy to optimize resource allocation. This study examines the environmental impacts of local government relocations in China between 1999 and 2016, with a focus on PM2.5 concentration data in the areas surrounding the relocation sites. Utilizing a difference-in-differences estimation approach, our findings indicate that (1) relocating local government offices significantly reduces pollution levels in nearby areas, with more pronounced effects closer to the relocation site; (2) environmental quality improvements intensify over time before stabilizing; (3) the relocation reform enhances the overall environmental quality of the entire city; and (4) government site relocations ultimately lead to regional environmental quality improvements by fostering the development of clean industries and reducing industrial pollution emissions. These results underscore the policy significance of green development principles and the spatial optimization of public resources.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"95 ","pages":"Article 101799"},"PeriodicalIF":2.9,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142171597","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
Does foreign direct investment affect domestic firms’ social security contributions? 外国直接投资是否会影响国内企业的社会保障缴款?
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-09-05 DOI: 10.1016/j.asieco.2024.101800
Jue Tang , Liu Tian , Jin Feng , Pengzhou Zhu , Chao Han
{"title":"Does foreign direct investment affect domestic firms’ social security contributions?","authors":"Jue Tang ,&nbsp;Liu Tian ,&nbsp;Jin Feng ,&nbsp;Pengzhou Zhu ,&nbsp;Chao Han","doi":"10.1016/j.asieco.2024.101800","DOIUrl":"10.1016/j.asieco.2024.101800","url":null,"abstract":"<div><p>Foreign direct investments (FDI) in developing countries are found to affect local domestic firms by introducing competition and spillover effects. This study investigates the effect of FDI on domestic firms’ social security contributions. It exploits China’s 2002 FDI liberalization and applies the difference-in-differences strategy for a causal identification. Using a Chinese firm-level dataset of the manufacturing industry, the estimates show that foreign investments have a positive effect on domestic firms’ social security contributions as a share of the wage base. The estimated effects are more pronounced in private firms, higher-wage firms, and firms facing lower contribution costs. Evidence also indicates that the increase in firms’ propensity to contribute plays an important role in explaining the overall increase in social security contribution rates. The promotion of social security compliance among domestic firms by FDI inflow suggests that market competition could be an attractive and effective approach to combating non-compliance with social insurance regulations.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"95 ","pages":"Article 101800"},"PeriodicalIF":2.9,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142229197","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
Leaders’ capabilities and organizational efficiency: Evidence from the national taxation bureaucracy in China 领导能力与组织效率:来自中国国家税务局的证据
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-09-05 DOI: 10.1016/j.asieco.2024.101798
Wenwen Zhang , Xin Wan , Binbin Tian
{"title":"Leaders’ capabilities and organizational efficiency: Evidence from the national taxation bureaucracy in China","authors":"Wenwen Zhang ,&nbsp;Xin Wan ,&nbsp;Binbin Tian","doi":"10.1016/j.asieco.2024.101798","DOIUrl":"10.1016/j.asieco.2024.101798","url":null,"abstract":"<div><p>Tax authority leaders have a significant impact on organizational efficiency, which is mainly manifested in tax collection efficiency. Based on provincial tax administrative data and data on listed companies from 1998 to 2017, we examine the impact of the capabilities of leaders of the National Taxation Bureaucracy (NTB) on tax collection efficiency. We adopt the fixed effects approach and isolate the individual effects of NTB directors as a proxy of leaders’ capabilities. We find that directors with stronger capabilities enhance tax revenue growth and complete tax revenue tasks by affecting corporate income taxes. The findings suggest that more capable directors are found to severely combat tax evasion and avoidance. Specifically, taxable income approved by the NTB, preferential tax policies and tax auditing have been used to combat tax evasion. We also clarify the boundaries of leaders’ capabilities. We provide supportive evidence for leaders’ individual impact on tax collection efficiency and enrich the study of tax collection and administration.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"95 ","pages":"Article 101798"},"PeriodicalIF":2.9,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142229198","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
Social credit system construction and entrepreneurial activity: A quasi-natural experiment from China 社会信用体系建设与创业活动:来自中国的准自然实验
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-08-31 DOI: 10.1016/j.asieco.2024.101797
Shuzhen Liang , Yongwei Ye , Feng Yun
{"title":"Social credit system construction and entrepreneurial activity: A quasi-natural experiment from China","authors":"Shuzhen Liang ,&nbsp;Yongwei Ye ,&nbsp;Feng Yun","doi":"10.1016/j.asieco.2024.101797","DOIUrl":"10.1016/j.asieco.2024.101797","url":null,"abstract":"<div><p>This study investigates the impact of the improved social credit environment on entrepreneurial activity. We conduct the time-varying difference-in-differences model based on the quasi-natural experiment of constructing China’s Social Credit System (SCS) and find that the implementation of this institution significantly improves entrepreneurial activity, which remains robust to a series of tests. Mechanism tests reveal that the SCS influences entrepreneurial activity through material, human, and social capital agglomeration effects, as well as by alleviating information asymmetry. Heterogeneity analysis demonstrates that the positive impact of SCS is more obvious in promoting entrepreneurial activity within private enterprises, high-tech, and manufacturing industries. Furthermore, this entrepreneurial effect is more pronounced in cities with lower administrative levels and on the southeast side of the Hu Huanyong Line.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"95 ","pages":"Article 101797"},"PeriodicalIF":2.9,"publicationDate":"2024-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142158133","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 long-term economic impact of water quality: Evidence from rural drinking water program in China 水质的长期经济影响:中国农村饮用水项目的证据
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-08-28 DOI: 10.1016/j.asieco.2024.101796
Yingjie Liu , Ying Tan , Xun Zhang
{"title":"The long-term economic impact of water quality: Evidence from rural drinking water program in China","authors":"Yingjie Liu ,&nbsp;Ying Tan ,&nbsp;Xun Zhang","doi":"10.1016/j.asieco.2024.101796","DOIUrl":"10.1016/j.asieco.2024.101796","url":null,"abstract":"<div><p>The provision of safe and clean drinking water is a key component of the United Nations Sustainable Development Goals. This paper examines the long-term economic benefit to rural residents in China from a major water treatment program started in the 1980s. By employing a data set covering almost three decades and utilizing Difference-in-Difference (DID) approach, we find that, on average, the program led to a 28.4 % increase in individual gross income. Residents with access to treated water in early life experienced significantly higher gains in income. Villages that are poorer and more remote also benefit more. Mechanically, the program has saved time spent on fetching water, spent more time on agricultural activities, improved health status, and alleviated the negative impacts of drought, through which it helps raise individual gross income.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101796"},"PeriodicalIF":2.9,"publicationDate":"2024-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142097208","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
How does flexible tax enforcement affect TFP? China’s exceptional approach 灵活的税收执法如何影响全要素生产率?中国的特殊做法
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-08-06 DOI: 10.1016/j.asieco.2024.101795
Jun Zhu , Zhiwei Yang
{"title":"How does flexible tax enforcement affect TFP? China’s exceptional approach","authors":"Jun Zhu ,&nbsp;Zhiwei Yang","doi":"10.1016/j.asieco.2024.101795","DOIUrl":"10.1016/j.asieco.2024.101795","url":null,"abstract":"<div><p>To explore the relationship between flexible tax enforcement and enterprises’ business decisions, we use a difference-in-differences (DID) model to investigate the impact of flexible tax enforcement on enterprises’ TFP through China’s tax credit grading system. The findings of the study are as follows: Firstly, flexible tax enforcement will enhance the TFP of A-grade taxpayers. Secondly, two mechanisms exist to improve firms’ TFP through flexible tax enforcement. One is to stimulate enterprises to carry out R&amp;D and innovation, and the other is to enhance the long-term awareness of managers. Finally, the promotion effect of flexible tax enforcement on non-state-owned enterprises is greater than on state-owned enterprises, and the effect on total factor productivity is more pronounced in areas of high fiscal pressure.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101795"},"PeriodicalIF":2.9,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141952819","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
China's Low-carbon city policy and manufacturing firms' servitization: Do environmental regulations matterʔ 中国的低碳城市政策与制造业企业的服务化:环境法规是否重要?
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-08-03 DOI: 10.1016/j.asieco.2024.101793
Pengyang Zhang , Shuo Zhang , Yu Liu , Rui Peng , Kuo Feng
{"title":"China's Low-carbon city policy and manufacturing firms' servitization: Do environmental regulations matterʔ","authors":"Pengyang Zhang ,&nbsp;Shuo Zhang ,&nbsp;Yu Liu ,&nbsp;Rui Peng ,&nbsp;Kuo Feng","doi":"10.1016/j.asieco.2024.101793","DOIUrl":"10.1016/j.asieco.2024.101793","url":null,"abstract":"<div><p>Manufacturing servitization is an effective way to improve both environmental performance and economic benefits in developing countries. In this paper, we first propose the firm-level manufacturing servitization (FMS) measurement method. Then, based on Chinese firm-level data for 2000–2015, we take low-carbon city pilot (LCCP) policy implementation as a quasi-natural experiment to investigate the effect of low-carbon city governance on FMS. The propensity score matching-difference-in-differences (PSM-DID) model results indicate that the construction of LCCP policy could significantly improve FMS. In addition, we explain the promoting effect of low-carbon city governance on FMS by enhancing innovation intensity and promoting pollution factor substitution. Specifically, low-carbon city governance increases the innovation intensity of enterprises and promotes service factors as substitutes for other pollution production factors, changing the service factor input structure. Furthermore, by dynamically decomposing aggregate FMS growth, we found that LCCP policy generates a positive within-firm effect for surviving enterprises. However, the role of the resource reallocation effect has not been fully explored. Based on the findings, this study offers more theoretical backing and empirical substantiation for developing countries' pursuit of simultaneously achieving sustainability and economic growth under environmental regulations.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101793"},"PeriodicalIF":2.9,"publicationDate":"2024-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141963221","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
Inflation comovement in emerging economies: The facts and impact of global prices 新兴经济体的通货膨胀关联:全球价格的事实和影响
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-08-02 DOI: 10.1016/j.asieco.2024.101794
Samigjon Inogamov, Roberto Leon-Gonzalez
{"title":"Inflation comovement in emerging economies: The facts and impact of global prices","authors":"Samigjon Inogamov,&nbsp;Roberto Leon-Gonzalez","doi":"10.1016/j.asieco.2024.101794","DOIUrl":"10.1016/j.asieco.2024.101794","url":null,"abstract":"<div><p>The traditional notion that inflation is a domestic monetary phenomenon has been challenged by the existence of global inflationary factors that cause inflation comovement patterns. Understanding and estimating such comovement and its drivers is critical for effective policymaking. This study analyzes the temporal pattern and determining factors of inflation comovement of Commonwealth of Independent States (CIS) countries, comparing it to other former Eastern Bloc economies that entered the European Union (EU), and to other groups of advanced economies. We use monthly data on 26 countries classified into four groups and examine headline, core, food and utilities inflation from December 2006 to October 2021. We find that inflation comovement increased over the study period for all inflation categories, except food inflation, for all groups of countries, with comovement in CIS countries being the lowest. Moreover, positive changes in global energy prices significantly impact CIS inflation comovement, but not negative changes.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101794"},"PeriodicalIF":2.9,"publicationDate":"2024-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1049007824000897/pdfft?md5=8ce7e7331cbf00cea1e5347e6185d7cd&pid=1-s2.0-S1049007824000897-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141941501","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
To leave or to stay: Digital economy development and migrant workers’ location 走还是留?数字经济发展与外来务工人员所在地
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-07-29 DOI: 10.1016/j.asieco.2024.101792
Lingzheng Yu , Jiannan Wang , Shiyan Lou , Xiahai Wei
{"title":"To leave or to stay: Digital economy development and migrant workers’ location","authors":"Lingzheng Yu ,&nbsp;Jiannan Wang ,&nbsp;Shiyan Lou ,&nbsp;Xiahai Wei","doi":"10.1016/j.asieco.2024.101792","DOIUrl":"10.1016/j.asieco.2024.101792","url":null,"abstract":"<div><p>The vigorous development of the digital economy will reshape labour demand, which in turn will affect the workplace choice of migrant workers and then their location. Taking the large-scale and highly-mobile immigrant workers in urban China as the research population, this paper conducted an empirical research on the impact of the digital economy on labour location using the data from the China Labour-force Dynamic Survey (2012–2016). Results show that the more developed a city’s digital economy is, the more immigrants the city can attract and absorb. Analysis of the impact channels shows that the attraction of the digital economy to immigrants stems mainly from entrepreneurial opportunity provision and skill utilization enhancement effects. There is individual heterogeneity in the impact of the digital economy, with low-skilled, rural, or high communication ability migrant workers likely to be positively impacted by the development of the urban digital economy. While local governments are committed to digital technology-driven economic transformation, they should nonetheless promote the training of workers in the new era to achieve a better match between digital development and labour market.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101792"},"PeriodicalIF":2.9,"publicationDate":"2024-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141953204","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
Job insecurity and fertility: Evidence from massive lay-offs in urban China 工作不稳定与生育率:中国城市大规模下岗的证据
IF 2.9 3区 经济学
Journal of Asian Economics Pub Date : 2024-07-26 DOI: 10.1016/j.asieco.2024.101789
Da Zhao , Jun Zhang , Jue Tang
{"title":"Job insecurity and fertility: Evidence from massive lay-offs in urban China","authors":"Da Zhao ,&nbsp;Jun Zhang ,&nbsp;Jue Tang","doi":"10.1016/j.asieco.2024.101789","DOIUrl":"10.1016/j.asieco.2024.101789","url":null,"abstract":"<div><p>We exploit a staggered reform of state-owned enterprises (SOEs) in the late 1990s in China to provide plausibly causal evidence that job insecurity has a first-order impact on fertility. Prior to the reform, unemployment rates were low and job security for SOE workers paralleled that of government employees. Post-reform, numerous SOE employees were laid off and their contracts were no longer permanent, but government employees continued to enjoy high levels of job security. We find that the reform caused SOE employees who retained their positions to delay having their first child by 0.718 years. The spillover effects are sizable: employees in the untargeted private sector delay starting a family by 0.387 years. Despite the importance of family lineage in China at the time, our findings indicate that the fertility response transcended mere birth timing adjustments, and decreased couples’ likelihood of having children. Specifically, the reform initially reduced the number of births by 8.4 % in the short run and had a more pronounced long-term effect on completed fertility at age 45.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101789"},"PeriodicalIF":2.9,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141850005","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
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