发布求助
文献互助 智能选刊 最新文献

Journal of Asian Economics最新文献

筛选
英文 中文
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
Kinship networks and risky financial asset investment: The power of Confucian clan 亲属网络与风险金融资产投资：儒家宗族的力量
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-11-04 DOI: 10.1016/j.asieco.2025.102065
Xiaojuan Wang , Chao Wang , Shuai Zhao
{"title":"Kinship networks and risky financial asset investment: The power of Confucian clan","authors":"Xiaojuan Wang ,&nbsp;Chao Wang ,&nbsp;Shuai Zhao","doi":"10.1016/j.asieco.2025.102065","DOIUrl":"10.1016/j.asieco.2025.102065","url":null,"abstract":"<div><div>This paper investigates the causal effect of kinship networks on household investments in risky financial assets. Using the distance of each prefecture’s centroid to the nearest Zhu Xi academy as an instrumental variable, we find that households with stronger kinship networks are more likely to invest in risky financial assets. Kinship networks can futher shape households’ risky asset investments both by facilitating risk sharing through inter-household transfers and by disseminating tacit knowledge to enhance financial literacy.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102065"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465817","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
From farm to table: How supply shocks are fuelling food inflation in India 从农场到餐桌：供应冲击如何加剧印度食品通胀
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-25 DOI: 10.1016/j.asieco.2025.102066
Anirban Sanyal
{"title":"From farm to table: How supply shocks are fuelling food inflation in India","authors":"Anirban Sanyal","doi":"10.1016/j.asieco.2025.102066","DOIUrl":"10.1016/j.asieco.2025.102066","url":null,"abstract":"<div><div>Food inflation in India is often driven by adverse supply shocks stemming from poor harvests, extreme weather events, and supply chain disruptions, further exacerbated by export restrictions and geopolitical tensions. This study employs various VAR models and connectedness measures using quarterly data from Q1: 2012–13 to Q2: 2024–25 to assess the impact of supply shocks on food inflation in wholesale and retail markets. Findings indicate that supply shocks influence food inflation with a one-quarter lag, persisting for 2–3 quarters, with recent inflation being largely supply-driven. Time-varying impulse responses highlight an increasing dependence of food inflation on supply conditions, while connectedness measures suggest that food inflation is a net receiver of shocks, whereas supply shocks act as net emitters. The study also finds that supply shocks have a stronger impact when agricultural growth is high, and during COVID-19, supply management played a crucial role in stabilizing food inflation, weakening its link with agricultural growth.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102066"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465815","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
Green bond and green innovation: Evidence from Chinese listed companies 绿色债券与绿色创新：来自中国上市公司的证据
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.2025.102081
Ruowei Ma, Hui Gao, Bowen Liang
{"title":"Green bond and green innovation: Evidence from Chinese listed companies","authors":"Ruowei Ma,&nbsp;Hui Gao,&nbsp;Bowen Liang","doi":"10.1016/j.asieco.2025.102081","DOIUrl":"10.1016/j.asieco.2025.102081","url":null,"abstract":"<div><div>Against the dual backdrop of achieving China’s “dual-carbon” goals and mitigating risks in green finance, this study systematically examines the mechanisms through which green bonds drive corporate green innovation, using data from Chinese A-share listed firms between 2011 and 2022. The findings show that the issuance of green bonds increases firms’ green patent applications by an average of 44.6 %, with more pronounced effects among non-state-owned enterprises, firms outside carbon-trading pilot regions, and those located in areas with weaker environmental regulation. Mechanism tests reveal two transmission channels. Internally, green bond proceeds alleviate financing constraints and expand R&amp;D investment, contributing 12.7 % and 11.4 % of the overall innovation effect, respectively, thereby enhancing the efficiency of innovation resource allocation. Externally, green bonds improve stock liquidity and attract greater investor attention: enhanced liquidity accounts for 17.4 % of innovation growth, while analyst coverage and research reports contribute 4.9 % and 4.7 %, respectively, underscoring the role of market signaling in shaping innovation behavior. Theoretically, this study advances a “dual circulation” framework that integrates internal capital optimization with external market incentives, elucidating how green bonds simultaneously foster corporate resource reallocation and reputational gains. These insights provide firm-level evidence for identifying substantive environmental contributions, curbing greenwashing risks, and informing the design of differentiated carbon-neutral financial policies.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102081"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145578541","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
Internet use and willingness to pay for air quality improvements: Evidence from China 互联网的使用和为改善空气质量买单的意愿：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: 2025-09-29 DOI: 10.1016/j.asieco.2025.102055
Jiaping Zhang , Mingwang Cheng , Xiaomei Gong
{"title":"Internet use and willingness to pay for air quality improvements: Evidence from China","authors":"Jiaping Zhang ,&nbsp;Mingwang Cheng ,&nbsp;Xiaomei Gong","doi":"10.1016/j.asieco.2025.102055","DOIUrl":"10.1016/j.asieco.2025.102055","url":null,"abstract":"<div><div>In recent decades, there has been growing concern about what determines people’s willingness to pay (WTP) for environmental resources. Based on data from the Chinese General Social Survey, this study investigates the impact of Internet use on Chinese residents’ WTP for air quality improvements. Results from instrumental variable estimation show that Internet use is positively associated with both the likelihood of paying for clean air and the amount individuals are willing to contribute. Mechanism analysis suggests that Internet use enhances WTP by raising environmental risk perception and strengthening environmental protection awareness. Moreover, heterogeneity analysis indicates that the positive association is more pronounced among individuals with lower socio-economic status. These findings shed light on the potential of Internet technology in cultivating public pro-environmental behaviors and awareness in the digital era.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102055"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145220854","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
Does increased public education spending reduce the financial burden on families? 公共教育支出的增加是否减轻了家庭的经济负担？
IF 3.4 3区 经济学
Journal of Asian Economics Pub Date : 2025-12-01 Epub Date: 2025-10-06 DOI: 10.1016/j.asieco.2025.102060
Juan Yang , Bonan Shi , Bo Han
{"title":"Does increased public education spending reduce the financial burden on families?","authors":"Juan Yang ,&nbsp;Bonan Shi ,&nbsp;Bo Han","doi":"10.1016/j.asieco.2025.102060","DOIUrl":"10.1016/j.asieco.2025.102060","url":null,"abstract":"<div><div>Since 2000, China has continuously increased public education funding to reduce the impact of family education expenditure on the academic performance of disadvantaged students. We find that the increase in public education funding has not only failed to reduce the economic burden of family education, but has increased family education expenditure. We use the county-level data matched with the micro-survey data of CHIP (China Household Income Project) to analyze the relationship between public education expenditure and family education expenditure in China. We find that public education expenditure has a significant crowding-in effect on family education expenditure in compulsory education. The effect in junior high school is greater than that in primary school, and is more significant. We believe that self-selection and competition mechanisms play crucial roles in the crowding-in effect.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"101 ","pages":"Article 102060"},"PeriodicalIF":3.4,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145320787","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
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信
小红书