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Hidden cost of automation: Do industrial robots take a toll on our mental health? 自动化的隐性成本：工业机器人会对我们的心理健康造成损害吗？
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-11 DOI: 10.1016/j.asieco.2025.102078
Yueqing Zou , Yuanyuan Chen
{"title":"Hidden cost of automation: Do industrial robots take a toll on our mental health?","authors":"Yueqing Zou ,&nbsp;Yuanyuan Chen","doi":"10.1016/j.asieco.2025.102078","DOIUrl":"10.1016/j.asieco.2025.102078","url":null,"abstract":"<div><div>The news media often associates robots with anxiety, yet there is limited empirical evidence regarding the actual impact of robots on mental health. This study employs individual-level survey data from the China Family Panel Studies (CFPS) and robot data from the International Federation of Robotics (IFR) to examine the influence of robot adoption on the mental health of the working-age population in China. Using a Bartik instrument variable constructed from foreign industry-level robot data, we find that robot adoption increases individual psychological depression levels. Further investigations illuminate that robot adoption adversely affects individual mental health by reducing current family income, exacerbating family income inequality, and lowering family expectations for future income. Furthermore, our findings indicate that the effects are stronger among men, individuals with lower education levels, manufacturing workers, migrants, and residents of large cities who have greater exposure to robots, as well as prime-age individuals, those with lower household economic conditions, and married individuals who face higher economic pressures. Our study highlights the need to enhance career transition support and social security systems to mitigate the hidden mental health cost of automation.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102078"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145578543","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
R&D activity, employment and employment composition: Evidence from India 研发活动、就业和就业构成：来自印度的证据
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-08-29 DOI: 10.1016/j.asieco.2025.102018
Cangfeng Wang, Tian Wang
{"title":"R&D activity, employment and employment composition: Evidence from India","authors":"Cangfeng Wang,&nbsp;Tian Wang","doi":"10.1016/j.asieco.2025.102018","DOIUrl":"10.1016/j.asieco.2025.102018","url":null,"abstract":"<div><div>This paper examines the employment effects of R&amp;D activity using firm-level data from two India surveys collected by the World Bank. To tackle the potential endogeneity, we use the innovation-reason indicator as the instrumental variable for R&amp;D activity. Both OLS and IV estimates show three findings. First, consistent with the literature, R&amp;D activity has significantly positive effect on employment of permanent workers. Second, different from the literature, R&amp;D activity has no significant effect on the share of nonproduction workers in permanent employment. However, firms with R&amp;D activity hire relatively more skilled production workers in permanent production employment than those without. Third, firms with R&amp;D activity hire relatively less temporary workers than those without. The last two novel findings provide evidence of skill-biased technological change for populous less-developed countries like India.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102018"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144989475","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
Corporate political activities and emerging MNCs’ internationalization: Interplay of CEO narcissism and gender 企业政治活动与新兴跨国公司国际化：CEO自恋与性别的相互作用
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-06 DOI: 10.1016/j.asieco.2025.102073
Hamad Aldawsari , Muhammad Saad Baloch
{"title":"Corporate political activities and emerging MNCs’ internationalization: Interplay of CEO narcissism and gender","authors":"Hamad Aldawsari ,&nbsp;Muhammad Saad Baloch","doi":"10.1016/j.asieco.2025.102073","DOIUrl":"10.1016/j.asieco.2025.102073","url":null,"abstract":"<div><div>Multinational Corporations (MNCs) from emerging markets face various socio-political and institutional challenges in their domestic markets owing to their engagement in global markets. To navigate these challenges and secure favorable legislative and institutional support, they increasingly adopt nonmarket strategies in their domestic markets. Drawing on the institutional and upper echelons theories, this study examines why Chinese and Indian emerging MNCs (EMNCs) perform corporate political activities (CPAs) as a strategic nonmarket response in their domestic markets. Utilizing data from 159 EMNCs from 2011 to 2022, we find that engagement in CPAs serves as a buffering and bridging mechanism to support their degree of internationalization. Moreover, CEO narcissism and the presence of female CEO positively moderate this relationship. These findings offer both theoretical insights and strategic implications.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102073"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465813","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
Research on the diffusion effects of data value in supply chains 数据价值在供应链中的扩散效应研究
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-19 DOI: 10.1016/j.asieco.2025.102064
Jiajia He , Qianyao Yang , Yuhan Zhao
{"title":"Research on the diffusion effects of data value in supply chains","authors":"Jiajia He ,&nbsp;Qianyao Yang ,&nbsp;Yuhan Zhao","doi":"10.1016/j.asieco.2025.102064","DOIUrl":"10.1016/j.asieco.2025.102064","url":null,"abstract":"<div><div>While existing literature has extensively examined value creation from firms' internal data assets, the interorganizational diffusion of data value across supply chains remains poorly understood. This paper develops an innovation diffusion framework to analyze how data value propagates across firm boundaries. Using a novel dataset of Shanghai and Shenzhen A-share listed firms (2008–2023) and Double Machine Learning (DML) methods, we document the presence of significant upward diffusion effects: a customer firms' data value enhancement improves their suppliers' operational and financial performance. We identify governance coordination and learning imitation as key transmission channels. Heterogeneity analysis reveals stronger effects among suppliers facing lower financing constraints and employing a higher share of technical workers, highlighting the moderating role of absorptive capacity. These findings advance the data economics literature by mapping supply chain diffusion pathways and informing policies to enhance cross-firm data synergies.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102064"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145416584","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 e-commerce reshape rural industrial transition: Evidence from China’s rural e-commerce demonstration counties program 电子商务如何重塑农村产业转型：来自中国农村电子商务示范县的证据
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-03 DOI: 10.1016/j.asieco.2025.102034
Dandan Liu , Jin Liu , Qing Xu , Qing Yang
{"title":"How e-commerce reshape rural industrial transition: Evidence from China’s rural e-commerce demonstration counties program","authors":"Dandan Liu ,&nbsp;Jin Liu ,&nbsp;Qing Xu ,&nbsp;Qing Yang","doi":"10.1016/j.asieco.2025.102034","DOIUrl":"10.1016/j.asieco.2025.102034","url":null,"abstract":"<div><div>In the new context of the digital economy, e-commerce based on digital platforms has become an important driving force for rural industrial transformation especially in developing countries. Based on the quasi-natural experiment of the Rural E-Commerce Demonstration County (REDC) program, the study uses the county-level data from China (2000–2020), and employs a time-varying DID method combined with machine learning techniques to explore the impact of rural e-commerce on industrial structure transformation. The findings indicate that the REDC program significantly fosters industrial upgrading, with varying effects across regions due to differences in resource endowments and development levels. Mechanism analysis suggests that rural e-commerce drives industrial upgrading through three primary channels: labor reallocation, dynamic adjustment of entrepreneurial resources, and industrial agglomeration. Further analysis indicates that rural e-commerce also plays a role in promoting coordinated industrial development. Utilizing machine learning methods, we identify a nonlinear relationship between rural e-commerce and industrial upgrading, which unfolds in three distinct stages: initial adaptation, rapid upgrading, and stable development. This paper proposes that differentiated e-commerce programs, smooth factor mobility systems, and industrial planning will assist rural areas in adapting to the e-commerce context and thereby facilitate rural economic transformation.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102034"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145004934","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 other side of the China syndrome: Export opportunities and gender income inequality in China 中国综合症的另一面：中国的出口机会与性别收入不平等
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.2025.102054
Changyuan Luo , Shuai Zeng , Yi Zhao
{"title":"The other side of the China syndrome: Export opportunities and gender income inequality in China","authors":"Changyuan Luo ,&nbsp;Shuai Zeng ,&nbsp;Yi Zhao","doi":"10.1016/j.asieco.2025.102054","DOIUrl":"10.1016/j.asieco.2025.102054","url":null,"abstract":"<div><div>This paper examines the impact of exports on the gender income inequality in China by exploiting a plausibly exogenous shock of the granting of permanent normal trade relationship (PNTR) to China. Our empirical strategy establishes that cities with higher PNTR exposure exhibit a significant increase in the female workers’ income relative to male counterparts, thereby reducing the gender income inequality. This phenomenon can be attributed primarily to the reduction in gender discrimination, and is more pronounced among younger and less-skilled individuals. However, the increase in females’ relative income does not contribute to the enhancement of the gender equality within the household.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102054"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145320788","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
Estimating the international spillover effects of China’s fiscal policy: A global VAR analysis 中国财政政策的国际溢出效应：一个全球VAR分析
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-09 DOI: 10.1016/j.asieco.2025.102056
Huanhuan Guo , Tomomi Miyazaki
{"title":"Estimating the international spillover effects of China’s fiscal policy: A global VAR analysis","authors":"Huanhuan Guo ,&nbsp;Tomomi Miyazaki","doi":"10.1016/j.asieco.2025.102056","DOIUrl":"10.1016/j.asieco.2025.102056","url":null,"abstract":"<div><div>We examine the international spillover effects of China’s fiscal policy. A global vector autoregressive (GVAR) model is used for this purpose. First, we demonstrate robustly that China’s government spending stimulates domestic private consumption. Second, we show that achieving a primary budget surplus by the Chinese government stimulates the output of several regions in the world. These results imply that while government spending in China is a useful stimulus measure from a domestic perspective, fiscal rectitude in China during normal times can be justified in the long run from an international perspective.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102056"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145362415","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 basic research affect innovation? Evidence from China 基础研究如何影响创新？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: 2025-11-19 DOI: 10.1016/j.asieco.2025.102082
Haiwei Jiang , Tao Li , Shiyuan Pan , Chen Zhang
{"title":"How does basic research affect innovation? Evidence from China","authors":"Haiwei Jiang ,&nbsp;Tao Li ,&nbsp;Shiyuan Pan ,&nbsp;Chen Zhang","doi":"10.1016/j.asieco.2025.102082","DOIUrl":"10.1016/j.asieco.2025.102082","url":null,"abstract":"<div><div>This paper investigates the impact of basic research on innovation by constructing measures to gauge provincial basic research intensity and firm-level innovation performance in China. To address the endogeneity issue, this paper proposes an instrumental variable for basic research by utilizing the independent recruitment policy in China as a quasi-natural experiment. The empirical analysis obtains four main findings. First, basic research improves the quantity and quality of innovation. Second, except for incremental innovation, basic research catalyzes the output of breakthrough innovation. Third, the positive effects of basic research on innovation are more prominent for state-owned enterprises, high-tech firms, and firms located in regions with more college students. Fourth, training more innovative talent for local firms and changing the direction of firm innovation serve as the mechanisms.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102082"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145578533","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
Mobile money and financial inclusion: International evidence from informal sector enterprises in Asia and Africa 移动货币与普惠金融：来自亚洲和非洲非正规部门企业的国际证据
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-09-03 DOI: 10.1016/j.asieco.2025.102033
Safi Ullah Khan
{"title":"Mobile money and financial inclusion: International evidence from informal sector enterprises in Asia and Africa","authors":"Safi Ullah Khan","doi":"10.1016/j.asieco.2025.102033","DOIUrl":"10.1016/j.asieco.2025.102033","url":null,"abstract":"<div><div>Mobile money (m-money)–fintech platforms that enable payments, transfers, and savings via mobile phones–has revolutionized the payment landscape in Africa, surpassing bank accounts in some regions. Studies have examined the effects of <em>m-money</em> on the financial inclusion of previously unbanked populations at the macro level. However, research on how fintech’s <em>m-money</em> enhances access to conventional banking services for microentrepreneurs and informal businesses remains limited. Using instrumental variable probit models and non-parametric methods on a cross-country sample from the World Bank’s informal enterprise surveys of sub-Saharan and Asian countries, this study finds robust evidence that <em>m-money</em> significantly increases informal enterprises’ transitions to deposit-based and credit-based financial inclusion. Heterogeneity analyses reveal that <em>m-money</em> significantly enhances microfinance credit access for informal enterprises in Asian countries compared with African countries. However, its effect on bank credit access is nearly the same in both regions, with statistically more significant coefficient estimates in the African countries. Furthermore, mechanism test analysis shows that the observed financial inclusion effect of fintech’s <em>m-money</em> stems from its influence on profitability and trade credit provision, which improves access to traditional financial services. An important policy implication is that fintech's <em>m-money</em> can serve as a precursor to broader formal financial inclusion in informal-sector enterprises.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102033"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145010747","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
Households’ inflation perceptions, expectations, and the monetary policy in India 印度家庭对通货膨胀的认知、预期和货币政策
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-08-14 DOI: 10.1016/j.asieco.2025.102017
R. Kalpana, Pradyumna Dash
{"title":"Households’ inflation perceptions, expectations, and the monetary policy in India","authors":"R. Kalpana,&nbsp;Pradyumna Dash","doi":"10.1016/j.asieco.2025.102017","DOIUrl":"10.1016/j.asieco.2025.102017","url":null,"abstract":"<div><div>This study investigates the effects of households’ inflation perceptions on their inflation expectations and the RBI’s conduct of monetary policy in India using the Granger causality test and a structural vector autoregression (SVAR) model. We use quarterly data from Q3:2008 to Q1:2023. We find that households’ current inflation perceptions are significant determinants of inflation expectations. We also find that the current inflation perceptions are significant determinant of inflation expectations in the pre-, post-inflation targeting, and Covid-19 pandemic periods. Further, inflation perceptions are more important than actual inflation in influencing inflation expectations. Moreover, the RBI is more responsive to households' inflation perceptions than actual inflation in conducting monetary policy. However, inflation perceptions and expectations do not respond to changes in monetary policy. Our findings suggest that the RBI should communicate with households about actual inflation so that inflation perceptions become equal to actual inflation and inflation expectations are anchored.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102017"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145119402","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
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