Journal of Asian Economics最新文献_第10页

Kinship networks and risky financial asset investment: The power of Confucian clan 亲属网络与风险金融资产投资：儒家宗族的力量

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-04 DOI: 10.1016/j.asieco.2025.102065

Xiaojuan Wang , Chao Wang , Shuai Zhao

引用次数: 0

From farm to table: How supply shocks are fuelling food inflation in India 从农场到餐桌：供应冲击如何加剧印度食品通胀

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-25 DOI: 10.1016/j.asieco.2025.102066

Anirban Sanyal

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Green bond and green innovation: Evidence from Chinese listed companies 绿色债券与绿色创新：来自中国上市公司的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-19 DOI: 10.1016/j.asieco.2025.102081

Ruowei Ma, Hui Gao, Bowen Liang

{"title":"Green bond and green innovation: Evidence from Chinese listed companies","authors":"Ruowei Ma, Hui Gao, Bowen Liang","doi":"10.1016/j.asieco.2025.102081","DOIUrl":"10.1016/j.asieco.2025.102081","url":null,"abstract":"<div><div>Against the dual backdrop of achieving China’s “dual-carbon” goals and mitigating risks in green finance, this study systematically examines the mechanisms through which green bonds drive corporate green innovation, using data from Chinese A-share listed firms between 2011 and 2022. The findings show that the issuance of green bonds increases firms’ green patent applications by an average of 44.6 %, with more pronounced effects among non-state-owned enterprises, firms outside carbon-trading pilot regions, and those located in areas with weaker environmental regulation. Mechanism tests reveal two transmission channels. Internally, green bond proceeds alleviate financing constraints and expand R&D investment, contributing 12.7 % and 11.4 % of the overall innovation effect, respectively, thereby enhancing the efficiency of innovation resource allocation. Externally, green bonds improve stock liquidity and attract greater investor attention: enhanced liquidity accounts for 17.4 % of innovation growth, while analyst coverage and research reports contribute 4.9 % and 4.7 %, respectively, underscoring the role of market signaling in shaping innovation behavior. Theoretically, this study advances a “dual circulation” framework that integrates internal capital optimization with external market incentives, elucidating how green bonds simultaneously foster corporate resource reallocation and reputational gains. These insights provide firm-level evidence for identifying substantive environmental contributions, curbing greenwashing risks, and informing the design of differentiated carbon-neutral financial policies.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102081"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145578541","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

Internet use and willingness to pay for air quality improvements: Evidence from China 互联网的使用和为改善空气质量买单的意愿：来自中国的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-29 DOI: 10.1016/j.asieco.2025.102055

Jiaping Zhang , Mingwang Cheng , Xiaomei Gong

引用次数: 0

Does increased public education spending reduce the financial burden on families? 公共教育支出的增加是否减轻了家庭的经济负担？

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-06 DOI: 10.1016/j.asieco.2025.102060

Juan Yang , Bonan Shi , Bo Han

引用次数: 0

The employment effects of regional market integration: Evidence from China 区域市场一体化的就业效应：来自中国的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-29 DOI: 10.1016/j.asieco.2025.102053

Yanjun Li , Yuanyuan Wan , Shenxiang Xie

{"title":"The employment effects of regional market integration: Evidence from China","authors":"Yanjun Li , Yuanyuan Wan , Shenxiang Xie","doi":"10.1016/j.asieco.2025.102053","DOIUrl":"10.1016/j.asieco.2025.102053","url":null,"abstract":"<div><div>This paper systematically examines the impact of regional market integration on employment using matching data from China’s enterprise tax surveys and business registration information from 2009 to 2015. We find that regional market integration significantly increases corporate labor employment. Mechanism analysis shows that regional market integration significantly affects corporate labor employment through three channels: expansion of market demand, alleviation of financing constraints, and intensification of market competition. Our analysis further reveals that regional market integration improves employment both at the intensive and extensive margins. From a dynamic employment perspective, it promotes net employment growth by enhancing job creation and reducing job destruction. Additionally, regional market integration leads to increased employee compensation levels, indicating positive implications for enhancing employment quality. Our heterogeneity analysis shows that the effect of regional market integration varies according to firms’ characteristics, including productivity levels, ownership, location, and industry categorization.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102053"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145267191","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 J-curve phenomenon in Türkiye’s fossil fuel trade balance: A fourier-ARDL analysis 俄罗斯化石燃料贸易平衡中的j曲线现象：傅里叶- ardl分析

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-24 DOI: 10.1016/j.asieco.2025.102051

Chien-Chiang Lee , Godwin Olasehinde-Williams , Seyi Saint Akadiri

{"title":"The J-curve phenomenon in Türkiye’s fossil fuel trade balance: A fourier-ARDL analysis","authors":"Chien-Chiang Lee , Godwin Olasehinde-Williams , Seyi Saint Akadiri","doi":"10.1016/j.asieco.2025.102051","DOIUrl":"10.1016/j.asieco.2025.102051","url":null,"abstract":"<div><div>The persistent imbalance in Türkiye's fossil fuel trade raises important questions about the role of macroeconomic factors, particularly exchange rate dynamics, in shaping energy trade outcomes. Despite theoretical assertions of the J-curve, empirical evidence specific to the physical trade balance of fossil fuels remains limited. This study investigates the short- and long-run effects of real exchange rate movements on Türkiye's physical trade balance for fossil fuels from 1994 to 2024, incorporating gross domestic product, renewable energy consumption, and trade openness as control variables. Employing the Fourier Autoregressive Distributed Lag (FARDL) approach, the results confirm the existence of a J-curve effect, whereby currency depreciation at first worsens but subsequently improves the physical trade balance for fossil fuels. Additionally, economic growth significantly exacerbates fossil fuel trade deficits, while renewable energy consumption reduces the imbalance in the short run. Trade openness is found to have a positive short-run impact, although its long-run effect is statistically insignificant. The study proposes policy recommendations to manage exchange rate flexibility, accelerate renewable energy transitions, and align trade and energy policies to achieve a more resilient and sustainable energy trade balance for Türkiye. The results offer fresh insights into the complex interlinkages between macroeconomic fundamentals and energy trade dynamics.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102051"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145158941","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

A study on the long-term trend of middle-aged female labor supply in urban China: The explanation from inter-generational care 中国城市中年女性劳动力供给的长期趋势研究：来自代际关怀的解释

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-06 DOI: 10.1016/j.asieco.2025.102058

Peng Zhan , Yibo Mao

{"title":"A study on the long-term trend of middle-aged female labor supply in urban China: The explanation from inter-generational care","authors":"Peng Zhan , Yibo Mao","doi":"10.1016/j.asieco.2025.102058","DOIUrl":"10.1016/j.asieco.2025.102058","url":null,"abstract":"<div><div>This study is the first to examine the long-term impact and trend of intergenerational care on the labor supply of middle-aged women. The primary data are drawn from the 2002, 2013, and 2018 China Household Income Project surveys. The findings reveal that the effect of intergenerational care on the labor supply has strengthened over the past two decades. Although the effect was not significant in 2002, it became highly significant by 2018. Decomposition analysis shows that compared to the endowment effect, the coefficient effect of intergenerational care was a key driver of the decline in labor supply among middle-aged women between 2013 and 2018, accounting for 16.81 % of the total change. Further analysis indicates that the expansion of public preschool education in 2018 encouraged young mothers to return to the labor market, thereby increasing the time burden of caregiving for middle-aged women. Simultaneously, the rising cost of education added to the financial burden on households and further increased the demand for intergenerational care. These findings contribute to a deeper understanding of how intergenerational care shapes women’s retirement decisions over time, offer important insights into their broader consequences, and provide policy implications for improving public preschool education services.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102058"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145267190","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

Learning to be an entrepreneur in cities 在城市里学习创业

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-08-21 DOI: 10.1016/j.asieco.2025.102029

Dongxia Wei

引用次数: 0

Environmental provisions in preferential trade agreements and export product quality of Chinese firms 优惠贸易协定中的环境条款与中国企业出口产品质量

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-23 DOI: 10.1016/j.asieco.2025.102048

Yajun Zhu , Churen Sun

{"title":"Environmental provisions in preferential trade agreements and export product quality of Chinese firms","authors":"Yajun Zhu , Churen Sun","doi":"10.1016/j.asieco.2025.102048","DOIUrl":"10.1016/j.asieco.2025.102048","url":null,"abstract":"<div><div>China’s foreign trade has stepped into a high-quality development track, while at the same time, China has increasingly included different types of environmental provisions in the concluded Preferential Trade Agreements (PTAs). We empirically examine the effect of environmental provisions in PTAs on firms’ export product quality using matched data from the Trade and Environment Database (TREND), the Chinese Customs Transaction-level Trade Statistics Dataset, and the Chinese Annual Survey of Industrial Firms Dataset from 2000 to 2014. The findings show that environmental provisions in PTAs are conducive to improving the quality of Chinese firms’ export products by increasing firms’ productivity and inducing firms to import more intermediate goods. Furthermore, trade-liberal environmental provisions in PTAs tend to improve the quality of firms’ export products quality while trade-prohibitive ones have a negative effect. Additionally, environmental provisions in PTAs are particularly beneficial for firms that are less constrained by financing, as well as for state-owned, foreign, medium-sized, and high emission intensity firms. Our research provides support for promoting China’s participation in global governance through environmental provisions in PTAs while realizing high-quality development of foreign trade.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102048"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145158795","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