{"title":"From energy consumption control to carbon emission control in fossil and renewable energy rich regions: A general equilibrium analysis of Inner Mongolia","authors":"Qiushi Huang , Yong Geng , Zhongjue Yu","doi":"10.1016/j.strueco.2025.07.007","DOIUrl":"10.1016/j.strueco.2025.07.007","url":null,"abstract":"<div><div>China has proposed to shift from energy consumption control to carbon emission control. However, little attention has been paid to its impact on Fossil and Renewable Energy-rich Regions (FRERs). This study employs a Computable General Equilibrium (CGE) model to evaluate the impacts of such a transition policy in Inner Mongolia – a typical FRER. Several scenarios are established to implement a nationwide Emissions Trading System (ETS) and target control policies on energy consumption and carbon emissions. The results show that promoting low carbon transition through ETS would help Inner Mongolia peak its carbon emission before 2030 and promote GDP, with a maximum 0.19 % rise in 2030. The target control policies would distort the optimal allocation of abatement burdens, leading to economic losses which would be more obvious under the context of carbon emissions control. These findings offer critical insights for policymakers to coordinate national and subnational carbon abatement policies and promote low carbon transition.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"75 ","pages":"Pages 188-198"},"PeriodicalIF":5.5,"publicationDate":"2025-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144748932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R. Arbolino , R. Boffardi , L. De Simone , P. Di Caro
{"title":"Geopolitical risks and the effectiveness of the EU funds: Heterogeneity in country impact","authors":"R. Arbolino , R. Boffardi , L. De Simone , P. Di Caro","doi":"10.1016/j.strueco.2025.07.006","DOIUrl":"10.1016/j.strueco.2025.07.006","url":null,"abstract":"<div><div>Despite geopolitical issues are becoming pervasive elements in economic decisions worldwide, current evidence is limited on the impact of geopolitical risks on the effectiveness of structural policies. This paper assembles new data on the Cohesion Policy and Next Generation funds to study the impact of geopolitical risks originating from China and the US on the effectiveness of structural policies in the European Union. The application of a heterogeneous modelling framework allows for the measurement of country-specific impact. Our results, which are robust to alternative specifications, suggest that a raise of geopolitical tensions from the US and China translates in a reduction of the effectiveness of the cohesion funds from -13 % to -30 %. The main negative impact is concentrated in export-oriented and in the Central and Eastern countries. We also document that a raise of geopolitical risks diminishes the expected returns of the NGEU funds. The policy implications of our study are finally discussed.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"75 ","pages":"Pages 199-212"},"PeriodicalIF":5.5,"publicationDate":"2025-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144771566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can labor policies reduce precarization? The case of youth employment in Italy","authors":"Nicola Caravaggio","doi":"10.1016/j.strueco.2025.06.003","DOIUrl":"10.1016/j.strueco.2025.06.003","url":null,"abstract":"<div><div>The so-called Dignity Decree (DD), which came into force in summer 2018, represents one of the most significant legislative interventions in employment protection within the Italian labor market. This study examines the role of DD in shaping the career paths of young workers (aged 15-29) who recently entered the labor market. Specifically, we focus on their probability of being employed one year or more after the reform’s implementation and their likelihood of securing an open-ended contract within the same time frames. The analysis relies on an exclusive database of Compulsory Communications data and employs a Propensity Score Matching estimation. The findings suggest a modest improvement in the persistence of the labor market, with the probability of remaining employed increasing by approximately 1.5% one year after DD implementation. The result is more evident for open-ended contracts, with the probability of being employed in a permanent position rising to almost 4.5% after one year and half. Additionally, the DD is associated with a slight reduction in the number of contract activations and an increase in working days, reaching an additional 11 days 1.5 years after the reform’s introduction.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"75 ","pages":"Pages 163-187"},"PeriodicalIF":5.5,"publicationDate":"2025-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144722128","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fintech and absolute intergenerational mobility: Evidence from digital finance development in China","authors":"Chenxuan Chen","doi":"10.1016/j.strueco.2025.07.004","DOIUrl":"10.1016/j.strueco.2025.07.004","url":null,"abstract":"<div><div>Over the past four decades, wealth accumulation has increasingly concentrated among a small elite, particularly in developing countries. The rise of financial technology (fintech), however, offers a powerful tool to overcome these barriers and foster financial inclusion. Using microdata, we demonstrate that fintech significantly improves absolute intergenerational mobility, which represents a 67.76 % increase in the income of poor families. Our analysis reveals that fintech alleviates liquidity constraints and enhances \"market luck\", lowering entry barriers for economically disadvantaged individuals to pursue entrepreneurship. Furthermore, fintech's inclusive nature leads to varied effects across different households and offspring, reducing gender inequality and supporting upward mobility for low-income families. By expanding access to financial resources, fintech emerges as a crucial driver in addressing class disparities and promoting intergenerational mobility.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 1020-1032"},"PeriodicalIF":5.0,"publicationDate":"2025-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144653332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Harnessing government digital attention: Reducing carbon emissions through the pathways of digitalization","authors":"Pan Zhang , Shihong Wang , Boying Li","doi":"10.1016/j.strueco.2025.07.003","DOIUrl":"10.1016/j.strueco.2025.07.003","url":null,"abstract":"<div><div>Identifying the digital pathway is important for promoting regional green development and attracting diverse market entities. Existing studies predominantly conceptualized digitalization as a static state rather than a dynamic process, and failed to explore how government digital initiatives influence green development through facilitating digital economy growth. The paper employs instrumental variable analysis, threshold regression, and causal mediation analysis to investigate impacts of government digital attention on green development, with a focus on the mediating role of digital economy. It finds digital attention can lower carbon emissions by stimulating digital economy growth, and robustness tests support these findings. The results reveal that the digitalization process, from digital attention to a digital economy, enhances green development. Therefore, governments should take a more proactive approach to engaging market players in the digital sector.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 1008-1019"},"PeriodicalIF":5.0,"publicationDate":"2025-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144653331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Assessing the dynamics of supply risks in the global polysilicon trade network: A multidimensional analysis from 2000 to 2022","authors":"Chao Wang , Lei Zhang , Xiaoqian Hu , Qiuyun Zhao","doi":"10.1016/j.strueco.2025.07.002","DOIUrl":"10.1016/j.strueco.2025.07.002","url":null,"abstract":"<div><div>The global polysilicon trade network (GPSTN) has evolved into an increasingly intricate system, shaped by geopolitical tensions, environmental challenges, and health crises, intensifying concerns over energy security. As a critical material for photovoltaic cells, polysilicon constitutes an indispensable component for the global transition towards renewable energy. However, quantitative assessments of country-specific vulnerabilities during polysilicon supply disruptions remain limited. This study addresses this gap by analyzing the GPSTN from 2000 to 2022, utilizing an improved cascading failure model and a comprehensive assessment framework. The framework quantifies countries' roles as risk initiators, transmitters, and vulnerable recipients through three novel indicators: destructiveness, transmissibility, and vulnerability. The analysis reveals the United States' persistent dominance in destructiveness since 2000, the escalating destructiveness of Asian countries, the pronounced transmissibility of China and the United States, and the heightened vulnerability of Japan and China stemming from their import dependence. This multidimensional approach elucidates country-specific roles during supply disruptions and advances targeted recommendations for policymakers to strengthen supply chain resilience and stability. The findings demonstrate the critical importance of considering multiple dimensions when evaluating a country's position in the polysilicon trade network and highlight the need for customized risk mitigation strategies.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 991-1007"},"PeriodicalIF":5.0,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144611712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Competition and demand-led growth: linking different parts of the Sraffian-inspired research program","authors":"Graham White","doi":"10.1016/j.strueco.2025.06.015","DOIUrl":"10.1016/j.strueco.2025.06.015","url":null,"abstract":"<div><div>The paper explores connections between two distinct lines of enquiry in the broader Sraffian research program: the fusion of the Sraffian approach and a demand-led view of growth; and dynamics of competition enforcing a uniform rate of profit. A simplified multi-commodity simulation model incorporating target return pricing and demand led-growth is used to highlight a first connection in the form of competition acting as a perturbation of the process by which capacity adapts to aggregate demand. The implied view of target return pricing is however limited in terms capturing its significance in a corporate setting. Literature on the history of corporate pricing points to a more nuanced view of target return pricing as well as a different view of capital mobility compared with that commonly depicted in the literature on gravitation. This in turn suggests a second connection between the two Sraffian-inspired lines of enquiry. Making use of the target return price equations of the simulation model together with the insights from literature on corporate pricing allows one to identify the kinds of factors which would generate profit differentials sufficient to trigger intersectoral capital mobility. In turn this analysis highlights the importance of ‘normal’ conditions in individual sectors, not least the significance of normal utilization; and changes in autonomous demand as a factor generating relevant profit differentials and structural changes via intersectoral capital mobility.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 1033-1044"},"PeriodicalIF":5.0,"publicationDate":"2025-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144678837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Different specifications and implications of the supermultiplier model","authors":"José A. Pérez-Montiel , Andreu Sansó","doi":"10.1016/j.strueco.2025.06.012","DOIUrl":"10.1016/j.strueco.2025.06.012","url":null,"abstract":"<div><div>We analyze, compare, and discuss two distinct econometric specifications of the supermultiplier model. Specifically, we contrast the empirical strategy that examines the relationship between output (<span><math><msub><mrow><mi>y</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span>) and autonomous demand (<span><math><msub><mrow><mi>z</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span>) with the specification that focuses on the relationship between induced demand (<span><math><msub><mrow><mi>x</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span>) and <span><math><msub><mrow><mi>z</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span>. Although both specifications are theoretically valid from a macroeconomic standpoint, we use econometric theory to show that they may lead to different conclusions regarding cointegration and causality. This paper challenges the findings of existing empirical research based on the <span><math><msub><mrow><mi>y</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span>–<span><math><msub><mrow><mi>z</mi></mrow><mrow><mi>t</mi></mrow></msub></math></span> specification, which should be interpreted with caution, particularly those suggesting unidirectional Granger causality from autonomous demand to output.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 963-969"},"PeriodicalIF":5.0,"publicationDate":"2025-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144572460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Huiming Zhang , Aixin Zhang , Kai Wu , Yinyin Cai , Yueming (Lucy) Qiu , Shouyang Wang , Weiwei Wang , Yongfan Zhao
{"title":"Unequal impacts of temperature deviations on poverty:International Evidence","authors":"Huiming Zhang , Aixin Zhang , Kai Wu , Yinyin Cai , Yueming (Lucy) Qiu , Shouyang Wang , Weiwei Wang , Yongfan Zhao","doi":"10.1016/j.strueco.2025.07.001","DOIUrl":"10.1016/j.strueco.2025.07.001","url":null,"abstract":"<div><div>Climate damages increase with the rising frequency and intensity of extreme weather events. Meanwhile, accumulation of temperature deviations also poses serious concerns because of its tremendous and divergent impacts on agricultural system, urbanization and socioeconomic conditions of the vulnerable population. We investigate how deviations from comfortable temperature ranges influence national poverty rates across 102 countries from 1987 to 2020. Using an innovative temperature deviation index and a panel dataset, we find a negative association between temperature deviation and national poverty rate, significant only in cooler regions. Agricultural output and urbanization account for 24 % and 29 % of this effect, respectively. Projections suggest the global poverty rate may decrease to 15.66 %-16.21 % by 2060, despite environmental stress. Our findings challenge the notion that climate change uniformly exacerbates poverty, highlighting the need for tailored adaptation strategies and policies that consider both risks and potential benefits of changing temperature patterns.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 970-990"},"PeriodicalIF":5.0,"publicationDate":"2025-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144580795","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The impact of restrictive monetary policy in emerging countries","authors":"Akanksha Mishra , Amlendu Dubey","doi":"10.1016/j.strueco.2025.06.016","DOIUrl":"10.1016/j.strueco.2025.06.016","url":null,"abstract":"<div><div>We study the sacrifice ratios for 465 disinflationary episodes in emerging market and developing economies using a dataset of 123 countries during 1979 to 2023. We find that average output cost of disinflation was significantly higher during COVID-19 period as compared to the previous disinflationary episodes, suggesting that supply side disruptions elevated the output costs of monetary tightening during the period. Further, we find that speed of disinflation and peak inflation significantly reduce sacrifice ratios suggesting a role for “cold turkey” approach as against the gradualism.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"74 ","pages":"Pages 915-927"},"PeriodicalIF":5.0,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144523665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}