Journal of Asian Economics最新文献_第2页

Global monetary policy spillovers and cross-border credit in a small open economy: Evidence from Fiji 小型开放经济体中的全球货币政策溢出效应和跨境信贷：来自斐济的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-09 DOI: 10.1016/j.asieco.2026.102124

Ameen Omar Shareef , K.P. Prabheesh , Disusu Delana , Jacinta Hesaie

引用次数: 0

Cross-Border E-Commerce Comprehensive Pilot Zones and urban entrepreneurial activity: Causal evidence from double-debiased machine learning 跨境电子商务综合试验区与城市创业活动：来自双去偏机器学习的因果证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-19 DOI: 10.1016/j.asieco.2026.102131

Kai Sun , Xin Zhong , Ding Xiong , Zheng Han

{"title":"Cross-Border E-Commerce Comprehensive Pilot Zones and urban entrepreneurial activity: Causal evidence from double-debiased machine learning","authors":"Kai Sun , Xin Zhong , Ding Xiong , Zheng Han","doi":"10.1016/j.asieco.2026.102131","DOIUrl":"10.1016/j.asieco.2026.102131","url":null,"abstract":"<div><div>Using the establishment of Cross-Border E-Commerce Comprehensive Pilot Zones as a quasi-natural experiment, this paper employs double-debiased machine learning methods to systematically examine the impact of cross-border e-commerce on urban entrepreneurial activity and its mechanisms. The results show that cross-border e-commerce significantly enhances entrepreneurial activity. Mechanism analyses reveal that cross-border e-commerce influences urban entrepreneurial activity through three channels: first, by restructuring supply-chain systems, specifically by promoting supply-chain diversification and expanding supply-chain finance, thereby reducing operational frictions and alleviating liquidity constraints for entrepreneurs; second, it promotes digital financial inclusion, optimizes the institutional environment, and alleviates financing constraints faced by entrepreneurs; third, it forms economic, industrial, and talent agglomeration effects, optimizes the entrepreneurial ecosystem, and significantly improves factor allocation efficiency. Heterogeneity analyses further indicate that policy effects are strongest in manufacturing, wholesale and retail sectors but weaker in upstream enabling industries such as Information Technology services, logistics, finance, and scientific research. Moreover, private enterprises and self-employed businesses respond most positively, and inland cities experience significantly larger gains than coastal cities. These findings highlight the role of cross-border e-commerce as a policy instrument for fostering entrepreneurship, supporting structural transformation, and promoting more balanced regional development.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102131"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146078878","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 global value chain participation on inflation dynamics in case of selected Asian economies 在选定的亚洲经济体中，全球价值链参与对通货膨胀动态的影响

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-17 DOI: 10.1016/j.asieco.2026.102129

Bhushan Praveen Jangam , Badri Narayan Rath

引用次数: 0

Food circulation systems and economic growth: Transmission mechanisms and regional heterogeneity in China 粮食流通系统与经济增长：中国的传导机制和区域异质性

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-20 DOI: 10.1016/j.asieco.2026.102130

Jing Xie , Zhijie Zeng , Yemei Li , Shaoan Huang

{"title":"Food circulation systems and economic growth: Transmission mechanisms and regional heterogeneity in China","authors":"Jing Xie , Zhijie Zeng , Yemei Li , Shaoan Huang","doi":"10.1016/j.asieco.2026.102130","DOIUrl":"10.1016/j.asieco.2026.102130","url":null,"abstract":"<div><div>Under the conflict between food security and economic growth, this paper examines the impact of China's food circulation system and its changes on economic growth. Through the combination of model and panel regression, we draw the following conclusions. The conclusions are as follows: the intrinsic transmission mechanism affects growth by influencing total factor productivity (TFP), and it is regionally heterogeneous. The empirical analysis uses TFP as a mediating variable and divides the sample into two periods. The results show that the food circulation system in different periods affects economic growth through specific and different paths of action; there is a significant and non-linear relationship between changes in the food circulation system and TFP, and the transmission or mediating effect of TFP on economic growth is significant; the market-oriented reform of the food circulation system has a significant impact on economic growth in the north and south. The impact of market-oriented reforms of the food distribution system on economic growth is heterogeneous across regions, whether they are major food-producing regions or not, with different degrees of marketisation. Finally, some policy recommendations are made.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102130"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146038378","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

Market liberalization and consumption inequality: Quasi-experimental evidence from China’s negative list reform 市场自由化与消费不平等：来自中国负面清单改革的准实验证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-02-18 DOI: 10.1016/j.asieco.2026.102145

Xin Zeng , Yu Su , Shiyun Zhong , Bin Xu , Shaoyong Wu

{"title":"Market liberalization and consumption inequality: Quasi-experimental evidence from China’s negative list reform","authors":"Xin Zeng , Yu Su , Shiyun Zhong , Bin Xu , Shaoyong Wu","doi":"10.1016/j.asieco.2026.102145","DOIUrl":"10.1016/j.asieco.2026.102145","url":null,"abstract":"<div><div>Consumption inequality is a central challenge for achieving inclusive growth in developing countries. Although existing studies have examined income distribution, credit constraints, and demographic factors, the role of market institutions, particularly entry regulations, in shaping consumption inequality remains underexplored. This study uses China’s Market Access Negative List (NLMA) reform as a quasi-natural experiment, providing a concrete case for analyzing the effects of institutional market liberalization. Using five waves (2012–2020) of the China Family Panel Studies (CFPS) and a staggered difference-in-differences design, we find that the NLMA significantly reduces household consumption inequality by 2.7 %, which corresponds to approximately 5.2 % of the sample mean. Mechanism analyses indicate that the reform operates through two channels: on the supply side, it curbs local protectionism and market segmentation, enhancing resource allocation and consumer choice; on the demand side, it narrows income inequality by stimulating employment and entrepreneurship, thereby boosting the purchasing power of low-income households. Heterogeneity analyses reveal more substantial effects for households with lower education, higher dependency ratios, greater digital access, and stronger private-sector linkages. The reduction in inequality is largely attributable to developmental consumption (e.g., education and culture) rather than subsistence expenditures. Our findings underscore the critical role of institutional reforms in fostering inclusive consumption and offer new insights into the distributional effects of market liberalization.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102145"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421534","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

Multidimensional Risks and the cleaner production-oriented trade transformation in the China–ASEAN 多维风险与中国-东盟清洁生产贸易转型

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-27 DOI: 10.1016/j.asieco.2026.102128

Yuhan Liu , Xiangzheng Deng , JI Hong Min , Jing Wang , Yijie Liu

{"title":"Multidimensional Risks and the cleaner production-oriented trade transformation in the China–ASEAN","authors":"Yuhan Liu , Xiangzheng Deng , JI Hong Min , Jing Wang , Yijie Liu","doi":"10.1016/j.asieco.2026.102128","DOIUrl":"10.1016/j.asieco.2026.102128","url":null,"abstract":"<div><div>The transformation toward cleaner production-oriented trade (CPOTT) is increasingly influenced by macro-level uncertainties, however, the mechanisms linking risk exposure to green trade upgrading remain unclear. This study examines how political, economic, social, and technological risks affect CPOTT in the China–ASEAN region, and how these effects are conditioned by policy coordination and technological adaptation. Using panel data for eleven countries from 2002 to 2022, we combine fixed-effects regressions and Cox proportional hazards models to identify both static and time-dependent dynamics. The results show that political, economic, and technological risks accelerate CPOTT, indicating a risk-induced adaptation mechanism in which external volatility prompts institutional reform and comparative advantage reallocation. Social risk, however, constrains transformation by weakening absorptive capacity. Policy coordination stabilizes expectations but weakens risk-induced reform incentives, while technological adaptation strengthens resilience only when embedded within institutional frameworks. These findings demonstrate that the effects of risk on green trade are conditional and context-dependent. This study contributes to a risk–resilience–transformation perspective and highlights that sustainable trade upgrading requires institutional architectures that preserve reform incentives under uncertainty and strengthen cross-border innovation spillovers.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102128"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421554","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 internet use promote off-farm employment of rural laborers in China 互联网的使用如何促进中国农村劳动力的非农就业

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-02-08 DOI: 10.1016/j.asieco.2026.102139

Ping Xue , Wei Jia

{"title":"How does internet use promote off-farm employment of rural laborers in China","authors":"Ping Xue , Wei Jia","doi":"10.1016/j.asieco.2026.102139","DOIUrl":"10.1016/j.asieco.2026.102139","url":null,"abstract":"<div><div>Boosting off-farm employment is an active strategy for developing countries to achieve economic growth and reduce income inequality. The internet has become an effective information tool for agricultural production and off-farm employment. This study uses the conditional mixed regression method and data gathered from ten Chinese provinces in 2021 and 2022. It investigates whether internet use promotes rural household laborers’ off-farm employment quantity and quality. The results show that internet use significantly enhances the off-farm employment quantity and quality among rural households. Specifically, compared with rural households that do not use the internet, those that use the internet increase the likelihood of the decision to participate and the intensity of participation in off-farm employment of rural households by 17.5 and 11.6 %age points, respectively. Furthermore, off-farm employment days and wages increase by 23.9% and 7.7%, respectively. It positively affects off-farm employment through an agricultural mechanization mechanism. Additionally, the effects are more pronounced among rural households that have more off-farm employment days, receive lower off-farm employment wages, are large-scale, and without dependency burden.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102139"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421557","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

Digital infrastructure and cognitive gap among children: Evidence from China 数字基础设施与儿童认知差距：来自中国的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-09 DOI: 10.1016/j.asieco.2026.102125

Ge Tian , Zi Yang , Xun Zhang

{"title":"Digital infrastructure and cognitive gap among children: Evidence from China","authors":"Ge Tian , Zi Yang , Xun Zhang","doi":"10.1016/j.asieco.2026.102125","DOIUrl":"10.1016/j.asieco.2026.102125","url":null,"abstract":"<div><div>This paper examines how large-scale digital infrastructure affects children’s cognitive ability and exacerbates cognitive disparities among them. Leveraging the rollout of the “Broadband China” initiative, we construct an intensity difference-in-differences (DID) model and utilize panel data from the China Family Panel Studies (CFPS). Our results show that the expansion of digital infrastructure significantly impairs children’s cognitive development, with the adverse effects disproportionately concentrated among rural, especially left-behind children. Mechanism analysis reveals that digital infrastructure weakens the income channel for left-behind children, as it does not lead to significantly higher earnings for their migrant parents compared to non-left-behind counterparts, and any income gains are less likely to be invested in education. It also distorts the knowledge acquisition channel, as left-behind children—due to reduced educational expectations—are less likely to leverage digital resources for learning. Furthermore, the entertainment channel is intensified by limited parental supervision, making left-behind children more vulnerable to excessive online entertainment. We further explore policy interventions that may mitigate these negative impacts. Our findings suggest that digital infrastructure, in the absence of complementary safeguards, can reinforce existing inequalities—highlighting the need for targeted support policies in the digital era</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102125"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145929247","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

Macroeconomic effects of monetary combination policy in China: The Generalized New Keynesian Phillips Curve in an open economy 中国货币组合政策的宏观经济效应：开放经济条件下广义新凯恩斯菲利普斯曲线

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-02-27 DOI: 10.1016/j.asieco.2026.102149

Suhua Tian , Li Wang , Yonghan Zhao

{"title":"Macroeconomic effects of monetary combination policy in China: The Generalized New Keynesian Phillips Curve in an open economy","authors":"Suhua Tian , Li Wang , Yonghan Zhao","doi":"10.1016/j.asieco.2026.102149","DOIUrl":"10.1016/j.asieco.2026.102149","url":null,"abstract":"<div><div>This study builds a New Keynesian model to analyze the macroeconomic effects of the monetary combination policy in China and obtains a Generalized New Keynesian Phillips Curve, which demonstrates that the nominal exchange rate is of great importance for the gross inflation rate. The numerical simulation yields three main results. First, expansionary monetary policy exhibits delayed stimulative effects on macroeconomic activity while simultaneously inducing volatility. Second, when the central bank implements an expansionary monetary policy with sterilization interventions, the economy exhibits immediate output growth alongside reduced volatility. However, the stabilizing effect of sterilization gradually diminishes at the margin. As sterilization intensity increases, the elasticity of macroeconomic variables to policy shocks declines proportionally. Third, under a flexible exchange rate regime with wide fluctuation bands, the inflation rate exhibits a strong impulse response to the monetary combination policy shock, with the exchange rate channel playing a significant transmission role in the inflation dynamics.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102149"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421551","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

Oil price pass-through to inflation in emerging Asia 油价对亚洲新兴市场通胀的传导作用

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2025-12-29 DOI: 10.1016/j.asieco.2025.102103

John Beirne , Nuobu Renzhi

引用次数: 0