Structural Change and Economic Dynamics最新文献_第4页

Dynamic determinants of optimal global climate policy 最佳全球气候政策的动态决定因素

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-08-02 DOI: 10.1016/j.strueco.2024.07.005

Michael Grubb , Rutger-Jan Lange , Nicolas Cerkez , Ida Sognnaes , Claudia Wieners , Pablo Salas

{"title":"Dynamic determinants of optimal global climate policy","authors":"Michael Grubb , Rutger-Jan Lange , Nicolas Cerkez , Ida Sognnaes , Claudia Wieners , Pablo Salas","doi":"10.1016/j.strueco.2024.07.005","DOIUrl":"10.1016/j.strueco.2024.07.005","url":null,"abstract":"<div><p>We explore the impact of dynamic characteristics of greenhouse-gas emitting systems, such as inertia, induced innovation, and path-dependency, on optimal responses to climate change. Our compact and analytically tractable model, applied with stylized damage assumptions to derive optimal pathways, highlights how simple dynamic parameters affect responses including the optimal current effort and the cost of delay. The conventional cost-benefit result (i.e., an optimal policy with rising marginal costs that reflects discounted climate damages) arises only as a special case in which the dynamic characteristics of emitting systems are assumed to be insignificant. Our analysis highlights and distinguishes from the (often implicit) assumption in many cost-benefit models, which neglect inertia and assume exogenous technology progress. This tends to defer action. More generally, our model yields useful policy insights for the transition to deep decarbonization, showing that enhanced early action may greatly reduce both damages and abatement costs in the long run.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 490-508"},"PeriodicalIF":5.0,"publicationDate":"2024-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0954349X24001000/pdfft?md5=6ce5af18019ac6de0dae0df60f6ec51b&pid=1-s2.0-S0954349X24001000-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142150721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-31 DOI: 10.1016/j.strueco.2024.07.012

Ojonugwa Usman , Oktay Ozkan , Ayben Koy , Tomiwa Sunday Adebayo

{"title":"Energy-related uncertainty shocks and inflation dynamics in the U.S: A multivariate quantile-on-quantile regression approach","authors":"Ojonugwa Usman , Oktay Ozkan , Ayben Koy , Tomiwa Sunday Adebayo","doi":"10.1016/j.strueco.2024.07.012","DOIUrl":"10.1016/j.strueco.2024.07.012","url":null,"abstract":"<div><p>Existing literature suggests that uncertainty shocks can propagate like aggregate demand shocks or aggregate supply shocks. By way of extension, this study investigates the effect of energy-related uncertainty shocks on U.S. inflation while incorporating the effect of industrial production and interest rate uncertainty shocks. Using a multivariate quantile-on-quantile regression for the period 2000:M6 to 2019:M7, the findings reveal that energy-related uncertainty shocks amplify inflation by manifesting as cost-push shocks with a stronger connection emerging in quantiles slightly above the median quantile distribution of energy-related uncertainty. Although industrial production positively drives inflation, its effect is observed less around median quantiles of inflation than in the lower and upper quantiles. Furthermore, the effect of interest rate uncertainty is negative and stronger in quantiles around the median of inflation, suggesting that interest rate uncertainty behaves like aggregate demand shocks. Based on these findings, policy implications are offered.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":""},"PeriodicalIF":5.0,"publicationDate":"2024-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933086","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}

引用次数: 0

Effects of innovation and markups on employment and labour share in OECD industries 创新和加价对经合组织产业就业和劳动份额的影响

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-31 DOI: 10.1016/j.strueco.2024.07.011

Mehmet Ugur

引用次数: 0

Expatriate jobs and productivity: Evidence from two GCC economies 外派工作与生产力：来自两个海湾合作委员会经济体的证据

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-27 DOI: 10.1016/j.strueco.2024.07.007

Abdul.A. Erumban , Abbas Al-Mejren

引用次数: 0

Does the digital economy improve female autonomy? 数字经济是否提高了女性的自主性？

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-26 DOI: 10.1016/j.strueco.2024.07.008

Qihang Xue , Huimin Wang , Jian Wei , Caiquan Bai

引用次数: 0

Patterns of environmental regulation and green innovation in China 中国的环境监管和绿色创新模式

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-26 DOI: 10.1016/j.strueco.2024.07.006

Wenfei Song , Xianfeng Han , Qiange Liu

{"title":"Patterns of environmental regulation and green innovation in China","authors":"Wenfei Song , Xianfeng Han , Qiange Liu","doi":"10.1016/j.strueco.2024.07.006","DOIUrl":"10.1016/j.strueco.2024.07.006","url":null,"abstract":"<div><p>Green technology innovation is an important means to achieve sustainable development. The study is an exploration of the bilateral perspective on the relationship between different types of environmental regulations and green innovation. Based on the data set of 30 provinces in China from 2006 to 2018, the two-sided effects of command-and-control environmental regulation and market-based environmental regulation on green innovation are analysed and the net effects are calculated by using the two-tier stochastic frontier models. First, empirical research shows that the effects of command-and-control environmental regulation and market-based environmental regulation on green innovation are both highlighted by negative characteristics. Command-and-control environmental regulation has a smaller effect on green innovation, with an average positive effect of 0.00005, which is smaller than the average negative effect of 0.0008. Meanwhile, the positive effect of market-based environmental regulation on green innovation is 0.00291, smaller than the negative effect of 0.00461. Second, the negative impact of command-and-control environmental regulation on green innovation underwent a \"back-to-N\" change process in 2006–2018, while the negative effect of market-based environmental regulation on green innovation did not decline until after 2011. Third, the provinces where command-and-control environmental regulation policies have a greater negative effect are concentrated in the energy-intensive regions of central and western China, while the provinces where market-based environmental regulation policies can promote green innovation are from the energy-intensive or developed eastern regions of China. Based on the research conclusions, to better promote green innovation, there is a need to implement environmental regulatory policies that address regional differences and to establish a national system of green innovation markets.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 176-192"},"PeriodicalIF":5.0,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141845825","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}

引用次数: 0

Spatial differentiation and driving factors of scientific and technological innovation efficiency under the background of the digital economy 数字经济背景下科技创新效率的空间分化与驱动因素

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-26 DOI: 10.1016/j.strueco.2024.07.009

Yang Liu , Qi Qian , Yue Wang , Honghao Zhang

{"title":"Spatial differentiation and driving factors of scientific and technological innovation efficiency under the background of the digital economy","authors":"Yang Liu , Qi Qian , Yue Wang , Honghao Zhang","doi":"10.1016/j.strueco.2024.07.009","DOIUrl":"10.1016/j.strueco.2024.07.009","url":null,"abstract":"<div><p>Scientific and technological innovation (STI) activities are facilitated under the influence of the digital economy and depend on digital elements to support innovation activities. This study measures digital element inputs and outputs using data related to the digital economy and estimates STI efficiency in 29 provincial regions in mainland China from 2010 to 2021 employing the global super-efficiency slacks-based measure (SBM) model. Then, spatial characteristics and driving forces of STI efficiency are quantified using spatial autocorrelation and geographic detectors. The results reveal that STI efficiency exhibits a fluctuating, W-shaped pattern, and the spatial correlation effect shows a gradually declining trend from 2010 to 2021. The findings reveal that the core drivers of STI efficiency are digital financial development, e-commerce development, digital access level, and related factors. Therefore, strengthening inter-regional innovation links, promoting the construction of 5 G mobile internet and accelerating the integration of digital industries into traditional industries are recommended.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 208-220"},"PeriodicalIF":5.0,"publicationDate":"2024-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141844695","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}

引用次数: 0

Within – Country diversity and economic output: The role of financial development 内部 - 国家多样性与经济产出：金融发展的作用

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-20 DOI: 10.1016/j.strueco.2024.07.004

Augustine Tarkom , Patrick Glavee , Nana Twum Owusu-Peprah , Ned Kock

{"title":"Within – Country diversity and economic output: The role of financial development","authors":"Augustine Tarkom , Patrick Glavee , Nana Twum Owusu-Peprah , Ned Kock","doi":"10.1016/j.strueco.2024.07.004","DOIUrl":"10.1016/j.strueco.2024.07.004","url":null,"abstract":"<div><p>This study investigates the relationship between within-country diversity, financial development, and economic output with a particular focus on the moderating role of financial development. Analyzing data from a diverse set of countries, we find that both religious and language diversity exhibit negative associations with economic performance. However, in emerging economies, a positive interaction between linguistic and religious diversity emerges. Notably, robust financial development positively moderates the relationship between diversity and economic output, with identified thresholds indicating a critical level necessary to mitigate the adverse consequences of cultural diversity. Our findings highlight the essential role of financial systems in fostering trust and promoting economic growth, particularly in high-diversity contexts. Our findings are robust to a battery of alternative tests. By emphasizing the importance of financial development in navigating within-country heterogeneities, this study offers valuable insights for policymakers seeking to foster inclusive and sustainable development strategies.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 157-175"},"PeriodicalIF":5.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141777397","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}

引用次数: 0

Are SME exporters dirtier? A novel input-output analysis distinguishing firm size heterogeneity 中小企业出口商更脏吗？区分企业规模异质性的新型投入产出分析

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-17 DOI: 10.1016/j.strueco.2024.07.003

Junrong Zhang , Kailan Tian , Lingxiu Zhu , Cuihong Yang

引用次数: 0

Excess capacity and hysteresis in EU Countries. A structural approach 欧盟国家的产能过剩和滞后问题。结构性方法

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-09 DOI: 10.1016/j.strueco.2024.07.002

Federico Bassi

引用次数: 0