Journal of Asian Economics最新文献_第4页

Birth order effects on education: New evidence from China 出生顺序对教育的影响：来自中国的新证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-02-11 DOI: 10.1016/j.asieco.2026.102141

Ruyi Shi

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Digitization of education and the urban-rural education gap: Evidence from the Chinese household income project data 教育数字化与城乡教育差距：来自中国家庭收入项目数据的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-11 DOI: 10.1016/j.asieco.2026.102127

Xiang Deng , Hongming Zhang , Yiling Gao , Chunlin Wan

{"title":"Digitization of education and the urban-rural education gap: Evidence from the Chinese household income project data","authors":"Xiang Deng , Hongming Zhang , Yiling Gao , Chunlin Wan","doi":"10.1016/j.asieco.2026.102127","DOIUrl":"10.1016/j.asieco.2026.102127","url":null,"abstract":"<div><div>Using data from the 2018 Chinese Household Income Project, this study evaluates the impact of China's Modern Distance Education Project for Rural Primary and Secondary Schools (MDEP) on urban-rural education gap by employing a cohort-based DID for cross-sectional data approach. The results demonstrate that the MDEP significantly narrowed the education gap, with particularly strong effects observed among rural female students and children from lower-income households. In terms of the mechanism of action, the digitization of education through three paths: improving learning conditions, improving academic performance, and expanding knowledge horizons. Our analysis further reveals that the MDEP contributes to raising income floors for rural households. Crucially, the MDEP effectiveness in boosting incomes depends on beneficiaries' capacity to translate their enhanced educational human capital into tangible economic gains. This study provides robust empirical evidence evaluating how digital education initiatives reduce urban-rural education gap, demonstrating that targeted technological interventions can effectively bridge equity gaps in compulsory education systems.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102127"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145980350","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

Changes in poverty of the rural elderly in China, 2002–2018 2002-2018年中国农村老年人贫困状况变化

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2025-12-30 DOI: 10.1016/j.asieco.2025.102110

Shi Li , Mengbing Zhu

引用次数: 0

Study on the effect of extreme weather on bank credit risk 极端天气对银行信用风险的影响研究

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.2026.102132

Kaifeng Li, Tong Yang

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Institutional governance and energy security: Unveiling the drivers of global value chain participation in Asian economies 制度治理与能源安全：揭示亚洲经济体参与全球价值链的驱动因素

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-01-05 DOI: 10.1016/j.asieco.2025.102108

Wajid Ali , Seema Saini , Devi Prasad Dash

{"title":"Institutional governance and energy security: Unveiling the drivers of global value chain participation in Asian economies","authors":"Wajid Ali , Seema Saini , Devi Prasad Dash","doi":"10.1016/j.asieco.2025.102108","DOIUrl":"10.1016/j.asieco.2025.102108","url":null,"abstract":"<div><div>The study highlights the impact of energy security on global value chain participation (GVCs) in 48 Asian economies from 1990 to 2022, with a major focus on interaction effect of governance indicators. Utilising long run estimation approach our findings indicates, (1)Energy import and usage significantly enhances GVCs participation demonstrating the access to reliable and affordable energy supports; (2) Moderation effect of governance indicators such as political stability, rule of law, government effectiveness, regulatory quality, voice and accountability, and control of corruption indicates the positive and significant impact on GVCs participation, fostering greater industrialization and economic integration; (3) Political globalisation and inbound tourism have a positive impact on GVC participation, indicating strengthen international cooperation, enhanced international mobility and governance through effective regulations and economic policies; (4) Carbon emission also indicates positive influence on GVCs participation, signaling higher levels of industrialization, often associated with increased carbon output, are linked to greater integration into global value chains. Overall, promotion of energy security compliance along with robust institutional governance suggests that energy imports could be an attractive and effective approach in promoting global connectivity with enhanced industrial capacity.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102108"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145979780","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 impact of Regional Trade Agreement digital trade rules on global innovation network 区域贸易协定数字贸易规则对全球创新网络的影响研究

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-03-01 Epub Date: 2026-02-14 DOI: 10.1016/j.asieco.2026.102144

Na Li , Ruobing Li

{"title":"A study on the impact of Regional Trade Agreement digital trade rules on global innovation network","authors":"Na Li , Ruobing Li","doi":"10.1016/j.asieco.2026.102144","DOIUrl":"10.1016/j.asieco.2026.102144","url":null,"abstract":"<div><div>This study examines the impact of Regional Trade Agreement (RTA) digital trade rules on global innovation networks from 2000 to 2023, with a focus on knowledge spillovers, technology transfer, and the institutional environment. Using social network analysis, difference-in-differences (DID) methods, fixed-effects models, and multiple testing strategies, it confirms that: (1) RTA digital trade rules enhance member countries' positions in the global innovation network; (2) Developing countries and high-digitalization countries benefit more significantly, with data-dedicated, intellectual property, and e-commerce provisions playing crucial roles, though new data economy provisions do not; (3) The effect shows an inverted U-shaped nonlinearity. These findings highlight that the effectiveness of RTA digital rules in strengthening the positions of members in the global innovation network, especially for developing countries, is highly dependent on the types of provisions. However, the current level of global digital development has not yet reached the tipping point to have a disruptive impact on the structure of global innovation networks. The study provides new insights into the relationship between digital trade regulations and global innovation network, suggesting ways for nations to strengthen their network positions through RTA negotiations.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102144"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421548","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 industrial robots on firm labor productivity: Evidence from China 工业机器人对企业劳动生产率的影响：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: 2026-02-06 DOI: 10.1016/j.asieco.2026.102138

Jing Zhang , Yong Ye

{"title":"The impact of industrial robots on firm labor productivity: Evidence from China","authors":"Jing Zhang , Yong Ye","doi":"10.1016/j.asieco.2026.102138","DOIUrl":"10.1016/j.asieco.2026.102138","url":null,"abstract":"<div><div>The technological upgrade of intelligent manufacturing, represented by industrial robots, is reshaping enterprises' production methods and factor allocation structures. This paper systematically examines the impact of exposure to industrial robot diffusion on labor productivity and its underlying mechanisms, based on a sample of Chinese A-share listed manufacturing companies from 2011 to 2019. Empirical results indicate that industrial robot adoption significantly enhances labor productivity, a conclusion that remains robust across multiple tests. Mechanism analysis reveals that industrial robots boost labor productivity by promoting capital deepening and optimizing the human resource structure within enterprises. Further heterogeneity analysis indicates that financing constraints shape the extent to which workforce restructuring accompanies automation exposure, leading to heterogeneous productivity outcomes across firms. Additionally, the productivity-enhancing effects of robot adoption are more pronounced for non-state-owned enterprises, non-high-tech enterprises, and small-to-medium-sized enterprises. This study reveals the transmission channels through which industrial robots influence labor productivity at the micro-firm level. It provides empirical evidence for understanding the mechanisms of production efficiency enhancement in the context of smart manufacturing and offers valuable insights for formulating relevant industrial policies.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"103 ","pages":"Article 102138"},"PeriodicalIF":3.4,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147421553","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 pension contribution rate reduction policies on labor productivity: Evidence from China 养老金缴费率下调政策对劳动生产率的影响：来自中国的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-01-01 Epub Date: 2025-12-15 DOI: 10.1016/j.asieco.2025.102098

Jianqiang Li , Zhiyi Ge , Jingyi Yu , Jiatong Yao , Yan Xu

{"title":"Impact of pension contribution rate reduction policies on labor productivity: Evidence from China","authors":"Jianqiang Li , Zhiyi Ge , Jingyi Yu , Jiatong Yao , Yan Xu","doi":"10.1016/j.asieco.2025.102098","DOIUrl":"10.1016/j.asieco.2025.102098","url":null,"abstract":"<div><div>Our study investigates how provincial pension contribution rate reduction policies affect labor productivity of listed Chinese firms. Using a staggered difference-in-differences (DiD) framework, we find that these policies exert a significant negative impact on firms’ labor productivity. The results remain robust to multiple checks, including tests for parallel trends, dynamic average treatment effect (ATT) estimation, instrumental variable (IV) estimation, and the PSM-DiD approach. Mechanism analyses indicate that lower pension contributions reduce employees’ total compensation, which in turn affects firm productivity through three channels: declining workforce quality, a lower capital–labor ratio, and weakened innovation capacity. Heterogeneity analyses show that the adverse effects are more pronounced among firms operating in regions with higher unemployment, greater capital intensity, more educated employees, and lower profitability. Overall, our findings provide empirical support for both Efficiency Wage Theory and Capital-Labor Substitution Theory, highlighting the unintended incentive distortions that may arise from cost-reduction-oriented social security policies.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"102 ","pages":"Article 102098"},"PeriodicalIF":3.4,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145840065","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 pilot free trade zones promote the agglomeration of talent in cities: Evidence from China 自由贸易试验区能否促进城市人才集聚：来自中国的证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-01-01 Epub Date: 2025-12-29 DOI: 10.1016/j.asieco.2025.102107

Zhui Liu, Kuiran Yuan , Huiru Wei

{"title":"Can pilot free trade zones promote the agglomeration of talent in cities: Evidence from China","authors":"Zhui Liu, Kuiran Yuan , Huiru Wei","doi":"10.1016/j.asieco.2025.102107","DOIUrl":"10.1016/j.asieco.2025.102107","url":null,"abstract":"<div><div>As a pivotal platform for institutional openness, Pilot Free Trade Zones (PFTZs) are increasingly serving as key policy instruments for promoting regional economic agglomeration and cross-border talent mobility worldwide. Grounded in agglomeration economics theory, this study employs panel data from 284 prefecture-level cities in China and adopts a staggered difference-in-differences (DID) model to empirically assess the effect of PFTZ establishment on urban talent agglomeration. The findings indicate that the establishment of PFTZs significantly enhances regional talent agglomeration. Mechanism analysis reveals that PFTZs promote talent agglomeration primarily through enhancing entrepreneurial vitality, optimizing the innovation environment, and attracting foreign investment inflows. Spatial effect analysis reveals a shadow suppression zone within 50 kilometers of the PFTZs, while a notable positive spillover effect exists in the 50–150 kilometers range. However, these effects diminish significantly beyond 200 kilometers. Moreover, the impact of PFTZs on talent agglomeration exhibits significant heterogeneity across pilot batches, geographic locations, and educational levels. These findings enrich the theoretical understanding of how institutional policies influence talent flows and provide practical insights for local governments aiming to optimize talent allocation through PFTZ initiatives.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"102 ","pages":"Article 102107"},"PeriodicalIF":3.4,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145884279","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

Unravelling the factors behind Indonesia's international exchange reserves 揭开印尼国际外汇储备背后的因素

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2026-01-01 Epub Date: 2025-12-28 DOI: 10.1016/j.asieco.2025.102105

Sanjiv Kumar , K.P. Prabheesh , Iman Gunadi

{"title":"Unravelling the factors behind Indonesia's international exchange reserves","authors":"Sanjiv Kumar , K.P. Prabheesh , Iman Gunadi","doi":"10.1016/j.asieco.2025.102105","DOIUrl":"10.1016/j.asieco.2025.102105","url":null,"abstract":"<div><div>This paper investigates the motives underlying Indonesia’s demand for international reserves. Using quarterly data for 2001Q1–2024Q4, we estimate a regression model for reserves-to-GDP and complement it with long-run cointegration techniques and quantile regressions. The baseline and cointegration results show that variables capturing precautionary and capital-account motives, most notably short-term external debt, the interest rate differential, and exchange-rate volatility, are the most robust determinants of reserve holdings. By contrast, current-account variables play a limited role. The undervaluation indicator is generally insignificant across specifications, providing little support for a strong mercantilist motive in Indonesia’s reserve accumulation strategy. Quantile regressions reveal important heterogeneity: the impact of short-term external debt is strongest in low-reserve regimes, while exchange-rate volatility becomes more relevant at the median and upper quantiles of the reserves distribution. Overall, the evidence suggests that Indonesia’s reserve policy has been guided primarily by precautionary and capital-account risk management rather than by persistent undervaluation aimed at export-led growth.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"102 ","pages":"Article 102105"},"PeriodicalIF":3.4,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145884280","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