Structural Change and Economic Dynamics最新文献_第5页

Efficiency analysis of China's urban water supply utilities using a dynamic multiactivity network DEA model 利用动态网络 DEA 模型对中国城市供水设施进行效率分析

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-05 DOI: 10.1016/j.strueco.2024.07.001

Changjun Yin , Bo Hsiao , Kok Fong See

{"title":"Efficiency analysis of China's urban water supply utilities using a dynamic multiactivity network DEA model","authors":"Changjun Yin , Bo Hsiao , Kok Fong See","doi":"10.1016/j.strueco.2024.07.001","DOIUrl":"10.1016/j.strueco.2024.07.001","url":null,"abstract":"<div><p>Urban water scarcity and severe consumption challenges are crucial for improving performance in the urban water supply industry. Urban Water Supply Utilities (UWSUs) perform the primary task of providing tap water to city residents, and regulators use benchmarks to monitor UWSU operations. To assess the efficiency of UWSUs in detail, this study introduces a dynamic two-stage network data envelopment analysis (DEA) model with shared inputs and shared carryover. This model decomposes UWSU operations into water production (WP) and water distribution (WD) subprocesses. By combining dynamic features with network DEA, the study extends the static network DEA to a more general case for evaluating UWSU efficiency. The study sample includes 246 UWSUs from 24 provinces in China over the period 2016–2018. The analysis covers overall efficiency, period efficiency, subprocess efficiency, and regional disparities among the sampled water utilities. The findings indicate that the average efficiency of the UWSUs was 0.643 during 2016–2018, with slightly lower efficiency in the WP subprocess. UWSUs in the eastern provinces outperformed those in the central and western provinces, which require significant improvements. To enhance the performance of China's water supply sector, accelerated market competition and infrastructure improvements are necessary.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 387-404"},"PeriodicalIF":5.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141696717","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

Economic crisis, urban structural change and inter-sectoral labour mobility 经济危机、城市结构变化和部门间劳动力流动性

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-07-04 DOI: 10.1016/j.strueco.2024.06.009

Daniel Straulino , Dario Diodato , Neave O’Clery

{"title":"Economic crisis, urban structural change and inter-sectoral labour mobility","authors":"Daniel Straulino , Dario Diodato , Neave O’Clery","doi":"10.1016/j.strueco.2024.06.009","DOIUrl":"10.1016/j.strueco.2024.06.009","url":null,"abstract":"<div><p>Are recessions drivers of structural change? Here we investigate employment dynamics in the UK and show that a re-allocation of labour between industrial sectors in times of crisis induces an acceleration in structural change. Our key hypothesis is that cities with industrial baskets that exhibit strong potential for inter-industry labour mobility are more resilient as they can shift workers between sectors resulting in employment growth in some sectors — which in turn induces structural change during an economic crisis. Probing this hypothesis, we find that UK cities experienced a sharp increase in the rate of structural change at the city level around 2009 which coincided with an increase in inter-sectoral job transitions during the recession (2008–11) which persisted for years afterwards. To shed light on this, we deploy an econometric model to show that local employment in skill-related sectors, which captures the potential for inter-industry labour mobility, is most strongly associated with city-industry employment growth during the recession period.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 135-144"},"PeriodicalIF":5.0,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0954349X24000936/pdfft?md5=d001bc04a1d44edecf801d32a2f8fc6f&pid=1-s2.0-S0954349X24000936-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141630375","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

“Minus 1” and energy costs constants: Empirical evidence, theory and policy implications "减 1 "和能源成本常数：经验证据、理论和政策影响

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-29 DOI: 10.1016/j.strueco.2024.06.010

Igor Bashmakov , Michael Grubb , Paul Drummond , Robert Lowe , Anna Myshak , Ben Hinder

{"title":"“Minus 1” and energy costs constants: Empirical evidence, theory and policy implications","authors":"Igor Bashmakov , Michael Grubb , Paul Drummond , Robert Lowe , Anna Myshak , Ben Hinder","doi":"10.1016/j.strueco.2024.06.010","DOIUrl":"https://doi.org/10.1016/j.strueco.2024.06.010","url":null,"abstract":"<div><p>This paper demonstrates an apparent long-term constancy of economy-wide energy expenditures relative to income – an inter-decadally-constrained sustainable (“Bashmakov-Newbery”) range of 4.2 ± 0.8 % relative to Gross Output, and 7.2 ± 1.5 % relative to GDP, based on data from industrialised countries. Initial evidence suggests the range to be narrower when external trade effects are accounted for. Statistically equivalent to a very-long-term price-to-energy-intensity elasticity of -1 (“Minus 1”), this indicates long-period economic dynamics including induced innovation and structural change, and we probe theories and policy implications. Either higher energy prices are fully offset by reduced energy intensity, or they later decline to match energy intensity improvements. Complementary theoretical approaches help to explain the observations but challenge the conventional economic logic that high environmental pricing should be the principal instrument to drive transformation. Rather, energy efficiency, innovation, deployment, structural change and pricing co-evolve, suggesting need for a diversity of complementary policy strategies implemented over extended periods of time.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 95-115"},"PeriodicalIF":5.0,"publicationDate":"2024-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0954349X24000948/pdfft?md5=1155c5b3dbcc452b7c1cef529aaa5c52&pid=1-s2.0-S0954349X24000948-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141606299","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

How does digital finance affect the total factor productivity of listed manufacturing companies? 数字金融如何影响制造业上市公司的全要素生产率？

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-29 DOI: 10.1016/j.strueco.2024.06.011

Yu Jin, Yuan-Yuan Ma, Li-Bin Yuan

{"title":"How does digital finance affect the total factor productivity of listed manufacturing companies?","authors":"Yu Jin, Yuan-Yuan Ma, Li-Bin Yuan","doi":"10.1016/j.strueco.2024.06.011","DOIUrl":"https://doi.org/10.1016/j.strueco.2024.06.011","url":null,"abstract":"<div><p>The development of digital finance offers numerous development opportunities, particularly in the accessing of funds for enterprises that traditionally face financial constraints. The economic downturn globally and especially in China requires new policies for stimulating economic growth. The manufacturing industry in particular is apt for this kind of intervention. Although studies have examined these topics, several gaps exist in the literature, specifically in the area of the effect mechanism. Therefore, this study examines the direct relationship between digital finance and the total factor productivity (TFP) of manufacturing enterprises and discusses the mechanism of action between the two from the intermediary and entry/exit perspectives. The findings show that digital finance affects manufacturing TFP positively and significantly. The promotion effect of digital finance is more evident from the enterprise heterogeneity analysis, particularly for small- and medium-sized private and manufacturing enterprises with better growth. The effect mechanism analysis shows that digital finance affects manufacturing TFP positively by reducing financing constraints, improving the level of human capital, and enhancing enterprise risk-taking ability. From the perspective of enterprise entry and exit, the entry of high-productivity enterprises enhances market competition and is an important way that digital finance promotes the improvement of industry TFP.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 84-94"},"PeriodicalIF":5.0,"publicationDate":"2024-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141606298","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

The US-China race for technological centrality: A network perspective 中美技术中心地位之争：网络视角

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-25 DOI: 10.1016/j.strueco.2024.06.008

Juan Vázquez Rojo , Stefano Visintin

引用次数: 0

Robots, gender economic opportunities and household adjustment: Evidence from China 机器人、性别经济机会和家庭调整：来自中国的证据

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-20 DOI: 10.1016/j.strueco.2024.06.007

Shule Yu , Jun Zhang , Xueling Yan

{"title":"Robots, gender economic opportunities and household adjustment: Evidence from China","authors":"Shule Yu , Jun Zhang , Xueling Yan","doi":"10.1016/j.strueco.2024.06.007","DOIUrl":"https://doi.org/10.1016/j.strueco.2024.06.007","url":null,"abstract":"<div><p>Leveraging a unique historical instrumental variable—the first introduction of modern technology during China's Self-Strengthening Movement—this study utilizes macro / micro-level dataset to analyze how robotization affects gender economic opportunities and subsequent life-cycle transitions. The analysis indicates that (1) gender gaps in labor force participation, income and working hour declined significantly more in regions that introduced robots compared to other regions, increasing the relative economic status of women; (2) regions with higher robot exposure tend to experienced also a decline in marriage and childbirth, although no notable change in divorce was observed; (3) these patterns may attributable to enhanced status of women in the labor market, which in turn diminishes their satisfaction with economic and domestic contributions of men and leads to prioritizing career advancement over marriage and childbirth. Overall, our evidence shows that robots have a substantial impact on labor market structures, with potential spillover effects on a series of demographic behaviors.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 57-67"},"PeriodicalIF":5.0,"publicationDate":"2024-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141543694","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

Centralized use of decentralized technology: Tokenization of currencies and assets 去中心化技术的集中使用：货币和资产的代币化

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-18 DOI: 10.1016/j.strueco.2024.06.006

Ying Zhang , Bing Gong , Peng Zhou

引用次数: 0

Does Engel's law work in central and Eastern European countries? The role of aspirations in determining food expenditures 恩格尔定律在中欧和东欧国家有效吗？愿望在决定食品支出中的作用

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-18 DOI: 10.1016/j.strueco.2024.06.005

Jakub Olipra

引用次数: 0

An extended Goodwin model with endogenous technical change and labor supply 具有内生技术变革和劳动力供给的扩展古德温模型

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-14 DOI: 10.1016/j.strueco.2024.06.004

John Cajas Guijarro

引用次数: 0

At the origins of the Italy's public debt 意大利公共债务的起源

IF 5 2区经济学

Structural Change and Economic Dynamics Pub Date : 2024-06-13 DOI: 10.1016/j.strueco.2024.06.003

Enrico D'Elia , Alessandro Zeli

{"title":"At the origins of the Italy's public debt","authors":"Enrico D'Elia , Alessandro Zeli","doi":"10.1016/j.strueco.2024.06.003","DOIUrl":"10.1016/j.strueco.2024.06.003","url":null,"abstract":"<div><p>The Italian public debt is one of the largest in the European Monetary Union and its ratio debt/GDP is the second highest among the Monetary Union countries. A legitimate question is: why Italy has got the most important debt in the euro area? Until the beginning of 1980s the debt to GDP ratio remained within acceptable limits. The Italian debt trend shows a sharp increase in the beginning of 1980s in connection with a new policy of debt financing agreed between the Bank of Italy Governor and the Ministry of Finance in 1981 (the so called “divorce”) and fully implemented in the following 2-3 years. This paper aims to understand if the overall debt increase is related to the dynamics of interest or that of social expenditure, as argued by many scholars. The causal relationships were analysed by testing Granger-causality on long time series of data starting from 1960. A sample including series coming from National Accounts is utilised in estimating our models. The empirical results generally confirm that interest payment was the main driver of debt increase before the European monetary union was established, even assuming that interest policy responded to exchange rates and inflation.</p></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"71 ","pages":"Pages 45-56"},"PeriodicalIF":5.0,"publicationDate":"2024-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141410565","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