Journal of Comparative Economics最新文献_第2页

Periods of uncertainty are linked to greater acceptance of minorities 不确定时期与更大程度上接受少数族裔有关

IF 3.1 2区经济学

Journal of Comparative Economics Pub Date : 2025-05-09 DOI: 10.1016/j.jce.2025.05.001

Niclas Berggren , Andreas Bergh , Therese Nilsson

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引用次数: 0

International bridges and informal employment 国际桥梁和非正式就业

IF 3.1 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-26 DOI: 10.1016/j.jce.2025.04.006

Kazunobu Hayakawa , Souknilanh Keola , Sasatra Sudsawasd , Kenta Yamanouchi

引用次数: 0

The impact of black economic empowerment on the performance of listed firms in South Africa 黑人经济赋权对南非上市公司绩效的影响

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-22 DOI: 10.1016/j.jce.2025.04.004

Matthias Busse , Nina Kupzig , Tim Vogel

{"title":"The impact of black economic empowerment on the performance of listed firms in South Africa","authors":"Matthias Busse , Nina Kupzig , Tim Vogel","doi":"10.1016/j.jce.2025.04.004","DOIUrl":"10.1016/j.jce.2025.04.004","url":null,"abstract":"<div><div>Black Economic Empowerment (BEE) is a policy that aims to empower previously disadvantaged individuals and decrease racial economic inequality in South Africa. As the program puts reformation pressure on firms, it might strongly influence firm performance. This article examines how BEE affects turnover, profits, and labour productivity of firms listed on the Johannesburg Stock Exchange (JSE). We use an extensive dataset covering a major share of listed firms between 2004 and 2019. The analysis employs fixed-effects regressions and the system GMM approach to account for endogeneity. Subsample analyses are used to account for heterogeneity in BEE scores. Overall, we find that BEE tends to have a small positive impact on firms’ turnover, a positive but not robust impact on labour productivity, and no impact on profits. Larger JSE-listed firms drive the positive effect on turnover. We conclude that BEE had a slightly positive effect on large JSE firms in the best case but also did not harm JSE firms in the worst case. To increase the benefits of BEE, we propose that the policy should be further adapted to reduce the cost of compliance and focus on areas that enhance structural change in South African companies, like skills development.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 2","pages":"Pages 373-388"},"PeriodicalIF":2.8,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144138577","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 growth consequences of socialism 社会主义发展的结果

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-18 DOI: 10.1016/j.jce.2025.04.003

Andreas Bergh , Christian Bjørnskov , Luděk Kouba

引用次数: 0

Understanding trends in Chinese skill premiums, 2007–2018 了解2007-2018年中国技能溢价的趋势

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-18 DOI: 10.1016/j.jce.2025.04.001

Eric A. Hanushek , Yuan Wang , Lei Zhang

引用次数: 0

Slavery and collectivism in the postbellum American South 战后美国南方的奴隶制和集体主义

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-15 DOI: 10.1016/j.jce.2025.03.006

Yeonha Jung

引用次数: 0

Intergenerational effects of parental human capital on children: Evidence from Malawi 父母人力资本对儿童的代际影响：来自马拉维的证据

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-10 DOI: 10.1016/j.jce.2025.03.001

Youjin Hahn , Minji Kwak , Hyelim Son

引用次数: 0

The shadow of slavery on industrial innovation: Evidence from the US South 奴隶制对工业创新的影响：来自美国南方的证据

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-09 DOI: 10.1016/j.jce.2025.03.003

Yeonha Jung , Chungeun Yoon

引用次数: 0

The impact of rainfall on productivity: Implications for Chinese manufacturing 降雨对生产率的影响：对中国制造业的启示

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-04-03 DOI: 10.1016/j.jce.2025.03.005

Xiaodong Chen , Yatang Lin , Pengyu Zhu

{"title":"The impact of rainfall on productivity: Implications for Chinese manufacturing","authors":"Xiaodong Chen , Yatang Lin , Pengyu Zhu","doi":"10.1016/j.jce.2025.03.005","DOIUrl":"10.1016/j.jce.2025.03.005","url":null,"abstract":"<div><div>Rainfall affects productivity in many ways. Compared to temperature anomalies, the impacts of precipitation anomalies have been understudied, with existing evidence at the macro level. By combining ground station-level climate data and micro-data from half a million manufacturing firms in China, we uncover that rainfall negatively impacts firms’ productivity, with the most significant negative impacts concentrated in extremely heavy rainfall anomalies. Labor-intensive, low-tech, or less productive firms and those located in rainy regions are vulnerable to rainfall extremes. Our estimates are large enough to explain previously observed output losses in cross-country panels. We uncover three primary channels through which manufacturing firms experience productivity loss: reduction in labor, agriculture intermediate inputs and transportation disruptions. We also identify several margins of adaptation. Utilizing the Shared Socioeconomic Pathways Scenarios (SSPs), we estimate the future impact of rainfall on productivity in a cost-benefit analysis. Our projections indicate a substantial output loss of 2.4–14.9 billion CNY by 2100, due to the increase in extreme rainfall events under each scenario with different implementation of environmental policies.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 2","pages":"Pages 389-411"},"PeriodicalIF":2.8,"publicationDate":"2025-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144138578","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

Getting back a level playing field under state-guided market economy: Evidence from quake donations by non-state-controlled companies in China 在国家引导的市场经济下恢复公平竞争：来自中国非国有企业地震捐款的证据

IF 2.8 2区经济学

Journal of Comparative Economics Pub Date : 2025-03-28 DOI: 10.1016/j.jce.2025.03.004

Julan Du , Yi Lu , Zhigang Tao , Yan Zhang

{"title":"Getting back a level playing field under state-guided market economy: Evidence from quake donations by non-state-controlled companies in China","authors":"Julan Du , Yi Lu , Zhigang Tao , Yan Zhang","doi":"10.1016/j.jce.2025.03.004","DOIUrl":"10.1016/j.jce.2025.03.004","url":null,"abstract":"<div><div>The rise of state-guided market economy is a striking development in the world economy, and China is one leading example. Under China's state-guided market economy, non-state-controlled corporations typically face discrimination in business operations, and have adopted the strategy of making donations to government-favored causes to capture the government, win governments’ trust and retrieve a level playing field. With an event study of corporate donations to Wenchuan earthquake relief campaign in 2008, we detect strong and positive market reactions to non-state-controlled donor firms, especially those ex-ante low-efficiency firms operating in regions with a high degree of government intervention, where the ownership-based discrimination is particularly severe and donations can be especially effective in redressing discriminatory treatments. Donor firms also display improvements in long-term performance indicators, which suggests an expansion of business opportunities. We also show that this strategy is fundamentally different from corruption (bribing bureaucrats), and also argue that it differs from corporate political or campaign contributions in mature democracies.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 2","pages":"Pages 559-583"},"PeriodicalIF":2.8,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144138897","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