Journal of Asian Economics最新文献_第7页

New infrastructure and urban green innovation: Facilitation or inhibition? 新基础设施与城市绿色创新：促进还是抑制？

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-05 DOI: 10.1016/j.asieco.2025.102071

Lu Zhang , Wei Zhang

{"title":"New infrastructure and urban green innovation: Facilitation or inhibition?","authors":"Lu Zhang , Wei Zhang","doi":"10.1016/j.asieco.2025.102071","DOIUrl":"10.1016/j.asieco.2025.102071","url":null,"abstract":"<div><div>Achieving dual carbon goals necessitates the advancement of green innovation. This study employs the “Broadband China” (BC) strategy as a quasi-natural experiment, using a staggered Difference-in-Differences model and a spatial econometric framework to assess the impact of new infrastructure on urban green innovation (UGI). The findings indicate that the BC policy significantly enhances UGI levels, resulting in an average increase of 0.594 green invention patent applications per 1000 people, as confirmed by a series of robustness checks. Mechanism analysis reveals that the BC promotes UGI primarily through urban expansion, the development of digital finance, and increased fiscal R&D investment. The heterogeneity analysis shows that the policy’s effect is more pronounced in cities located in the eastern and central regions. Furthermore, the BC has a greater positive impact on green innovation in resource-based cities compared to non-resource-based ones. Beyond improving green innovation within pilot cities, the BC also generates positive spillover effects in adjacent cities. This study provides important empirical evidence to inform strategies aimed at maximizing the green innovation benefits of new infrastructure initiatives.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102071"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145525523","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

Economic cycle interactions and influence of a highly integrated foreign economy: Case of Nepal and India 高度一体化的外国经济的经济周期相互作用和影响：尼泊尔和印度的案例

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-03 DOI: 10.1016/j.asieco.2025.102072

Guna Raj Bhatta

引用次数: 0

How does the digital divide affect Chinese firms’ cross-border M&A? 数字鸿沟如何影响中国企业的跨国并购？

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-01 DOI: 10.1016/j.asieco.2025.102070

Ziwei Liu, Yuhang Zhuang, Yibing Ding

{"title":"How does the digital divide affect Chinese firms’ cross-border M&A?","authors":"Ziwei Liu, Yuhang Zhuang, Yibing Ding","doi":"10.1016/j.asieco.2025.102070","DOIUrl":"10.1016/j.asieco.2025.102070","url":null,"abstract":"<div><div>There is a significant gap in digital technology between countries, underscoring the issue of uneven digital development. Utilizing data from Chinese firms' outward foreign direct investment (OFDI) between 2009 and 2020, this paper constructs an index to measure the digital divide between China and host countries, and examines its effects on cross-border mergers and acquisitions (M&A). The findings reveal that the digital divide can significantly reduce the success rate of firms' cross-border M&A while increasing investment scale, particularly when the acquiring firms are non-state-owned and the host countries are developed. External uncertainty is the main influencing mechanism. The study also concludes that robust digital governance in host countries can mitigate the negative impacts of the digital divide. Conversely, foreign investment barriers in host countries can exacerbate the adverse effects of the digital divide on firms' cross-border transactions. Therefore, it is imperative for countries to further reduce digital barriers and promote negotiations on digital policies within a multilateral cooperation framework.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102070"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465814","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

Micromobility and the social integration of migrant population: Empirical evidence from bike sharing 流动人口的微流动性与社会融合：来自共享单车的经验证据

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-13 DOI: 10.1016/j.asieco.2025.102035

Yongli Chen , Jing Li

{"title":"Micromobility and the social integration of migrant population: Empirical evidence from bike sharing","authors":"Yongli Chen , Jing Li","doi":"10.1016/j.asieco.2025.102035","DOIUrl":"10.1016/j.asieco.2025.102035","url":null,"abstract":"<div><div>This paper utilizes the China Migrants Dynamic Survey data spanning 2011–2018 to conduct a systematic analysis of the impact of dockless bike sharing on the social integration of migrants. Employing a staggered DID approach that exploits the exogenous entry of bike sharing across cities, the study reveals significant enhancements in the willingness of migrants for social integration. The underlying mechanisms include improvement of economic capabilities, facilitation of local social ties, and increased accessibility to public services. After robustness checks, these findings remain valid. Heterogeneity analysis indicates that the entry of bike sharing has a greater impact on urban-to-urban migration, highly educated migrants, inter-provincial movement, and those in the initial stages of migration. From the community perspective, the impact is less pronounced in communities with a higher proportion of migrants and full-time coordinators. This research contributes to the literature on the externalities of sharing economy and augments the discourse on social integration from a transportation perspective, offering significant theoretical and policy implications for enhancing migrant integration into urban life and alleviating social exclusion among transport disadvantaged groups.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102035"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145106270","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

Understanding capital controls measurement: Need, classification, and suitability 理解资本控制计量：需求、分类和适用性

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-22 DOI: 10.1016/j.asieco.2025.102052

Biswajit Panigrahi, K.P. Prabheesh

{"title":"Understanding capital controls measurement: Need, classification, and suitability","authors":"Biswajit Panigrahi, K.P. Prabheesh","doi":"10.1016/j.asieco.2025.102052","DOIUrl":"10.1016/j.asieco.2025.102052","url":null,"abstract":"<div><div>This study critically reviews the literature on the measures of capital controls, focusing on the conceptual and empirical challenges associated with both de jure and de facto indicators. We document the historical evolution of these measures over the period 1980–2022, classify them into subcategories, and assess their relative strengths, weaknesses, and suitability for policy analysis. We find that de jure measures, particularly capital control actions (CCAs), are generally more appropriate than de facto measures for evaluating policy effects, as they better capture the variation in legal restrictions. Among the de jure indicators, the intensity of policy capture varies, with Pasricha et al. (2015) outperforming Fernández et al. (2016) and Chinn and Ito (2008). We also identify two critical gaps in existing datasets: (i) the absence of direction-specific (inward/outward) and action-specific (tightening/easing) coding for financial sector capital controls; and (ii) the lack of a severity-weighted approach to CCAs that distinguishes marginal procedural changes from sweeping policy shifts. Addressing these gaps offers clear avenues for the construction of more granular and analytically powerful capital controls indicators.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102052"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145220282","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

Spatial dependence and heterogeneity regime effect on the allocation of Korea’s international aid to recipients 空间依赖与异质性制度对韩国国际援助分配的影响

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-01 DOI: 10.1016/j.asieco.2025.102032

Chae-Deug Yi

引用次数: 0

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-16 DOI: 10.1016/j.asieco.2025.102063

Jinying Huang , Minghai Zhou

{"title":"Income-related inequality and inequity in healthcare utilization: A longitudinal study of elderly populations in China","authors":"Jinying Huang , Minghai Zhou","doi":"10.1016/j.asieco.2025.102063","DOIUrl":"10.1016/j.asieco.2025.102063","url":null,"abstract":"<div><div>Healthcare utilization disparities among the older population is a concerning public health problem. However, our understanding of the extent of healthcare utilization inequality associated with socioeconomic status remains limited. To address this gap, the study aims to examine on how changes in elderly’s healthcare utilization over time and changes in the elderly ’s positions in the income ranking by using three waves of China Health and Retirement Longitudinal Study (CHARLS). Our findings indicate a significant pro-rich inequality and inequity among elderly individuals. The increase of inequality for outpatient service accounts for the fall in access among the poorest individuals. While the rise in access to inpatient services among the poorest individuals results in decreased inequality. During this transitional period, income is the primary contributor to the phenomenon, while an increase in the share of public pension aids in mitigating this issue to some extent. The results suggest that policies aimed at redistributing sources of income could be an effective means of reducing healthcare utilization disparities.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102063"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145416583","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 copula-based framework for studying intergenerational income mobility 基于copula的代际收入流动研究框架

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-07 DOI: 10.1016/j.asieco.2025.102059

Anning Hu , Zhipeng Zhou

{"title":"A copula-based framework for studying intergenerational income mobility","authors":"Anning Hu , Zhipeng Zhou","doi":"10.1016/j.asieco.2025.102059","DOIUrl":"10.1016/j.asieco.2025.102059","url":null,"abstract":"<div><div>This study extensively elucidates the methodological advantages inherent in a copula-based framework for researching intergenerational income mobility: (1) By delving into copula density, one can shift the focus from a single summary index (such as the rank-rank slope or intergenerational income elasticity) to more nuanced mobility patterns that exhibit less sensitivity to marginal income distribution specifications. (2) With consistent marginal cumulative distributions, the framework enables the examination of changes in bivariate intergenerational income dependence, or morphology. This is achieved by assessing variations in copula density before and after accounting for relevant covariates, with the Cramér–von Mises statistic providing a user-friendly test for the statistical significance of these variations. (3) The copula-based framework, through the construction of different cross profiles on the copula density surface, accommodates research objectives related to both relative and absolute income mobility. To exemplify the application of this framework, we investigate intergenerational income mobility between 1978 and 2017 using the National Longitudinal Survey of Youth 1979 (NLSY79).</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102059"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145267192","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 climate change on inflation and output in an emerging economy: Empirical evidence from India 气候变化对新兴经济体通胀和产出的影响：来自印度的经验证据

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.2025.102080

Sanjiv Kumar

引用次数: 0

Sovereign debt risk, government ESG, and bank stock performance 主权债务风险、政府ESG和银行股表现

IF 3.4 3区经济学

Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-10 DOI: 10.1016/j.asieco.2025.102079

Qingfu Liu , Lei Lu , Yiuman Tse , Chuanjie Wang

引用次数: 0