Journal of Asian Economics最新文献_第8页

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

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

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 , Shuo Zhang , Yu Liu , Rui Peng , 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, 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 , Jiannan Wang , Shiyan Lou , 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

引用次数: 0

Employee satisfaction and digital transformation: Evidence from China’s Top 100 Best Employers list 员工满意度与数字化转型：来自中国最佳雇主百强榜的证据

IF 2.9 3区经济学

Journal of Asian Economics Pub Date : 2024-07-26 DOI: 10.1016/j.asieco.2024.101791

Ce Cao , Duxuan Zeng , Qiong Wan , Yifei Li

{"title":"Employee satisfaction and digital transformation: Evidence from China’s Top 100 Best Employers list","authors":"Ce Cao , Duxuan Zeng , Qiong Wan , Yifei Li","doi":"10.1016/j.asieco.2024.101791","DOIUrl":"10.1016/j.asieco.2024.101791","url":null,"abstract":"<div><p>Using a sample of Shanghai and Shenzhen A-share listed enterprises from 2011 to 2020, this study measures listed enterprises’ employee satisfaction according to whether they were included in China’s Top 100 Best Employers (Top 100) list to investigate the impact of employee satisfaction on enterprises’ digital transformation. The study determines that enterprises on the Top 100 list with high employee satisfaction are correlated with driving digital transformation. This conclusion remains valid after considering endogeneity and conducting various robustness tests, supporting the stakeholder theory hypothesis. Mechanism tests demonstrate that employee satisfaction promotes enterprise digital transformation through three mechanism channels of human capital agglomeration, technological innovation, and mitigation of managerial myopia. The heterogeneity analysis reveals that employee satisfaction promotes enterprises’ digital transformation more significantly in non-state-owned enterprises, enterprises with high industry concentration, and those with high research and development intensity. Furthermore, enterprises with higher employee satisfaction exhibit better financial status, which improves innovation efficiency, increases income, and promotes scale expansion.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101791"},"PeriodicalIF":2.9,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141838706","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 security fee reduction, industrial robots, and labor income share 降低社会保障费、工业机器人和劳动收入份额

IF 2.9 3区经济学

Journal of Asian Economics Pub Date : 2024-07-26 DOI: 10.1016/j.asieco.2024.101788

Jianqiang Li , Ailian Hu , Wanyi Chen , Shiyao Fang

{"title":"Social security fee reduction, industrial robots, and labor income share","authors":"Jianqiang Li , Ailian Hu , Wanyi Chen , Shiyao Fang","doi":"10.1016/j.asieco.2024.101788","DOIUrl":"10.1016/j.asieco.2024.101788","url":null,"abstract":"<div><p>This study explores whether the policy of reducing labor payments can have opposite effects to those expected. Specifically, it investigates whether reducing the social insurance contribution rate can increase labor employment and enhance overall labor income. This study focuses on a direct social security fee reduction event in China. This event targets labor-intensive enterprises and encourages adopting industrial robots. By leveraging this quasi-natural experiment, we construct a mathematical model. Further, using a triple-difference strategy, we examine the impact of social security fee reduction on firm factor structures and income distribution. This study observes that a social security fee reduction decreases the labor income share of enterprises. However, this only applies to non-small and medium-sized enterprises (non-SMEs) and is not observed in SMEs. Consequently, because of the social security fee reduction, automation is the primary cause of the decline in the labor income share. The reduction in social security fees enables companies to use the saved funds for further automation, causing labor productivity to exceed labor costs and ultimately reducing the labor income share. The findings suggest that industrial specialization is one of the reasons for labor income share decline in transitioning economies.</p></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"94 ","pages":"Article 101788"},"PeriodicalIF":2.9,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141838568","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

Transmission of external shocks and regional heterogeneity: Evidence from Korean province-level data 外部冲击的传播与地区异质性：韩国省一级数据的证据

IF 2.9 3区经济学

Journal of Asian Economics Pub Date : 2024-07-19 DOI: 10.1016/j.asieco.2024.101790

Min-Su Chung , Hyunjoon Lim

引用次数: 0

Factor market distortion and corporate innovation: Theory and evidence from China 要素市场扭曲与企业创新：来自中国的理论与证据

IF 2.9 3区经济学

Journal of Asian Economics Pub Date : 2024-07-15 DOI: 10.1016/j.asieco.2024.101778

Fu Xin , Ran Sheng , Jie Zhang , Kairui Bai

引用次数: 0