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Do policies reshape attitudes? Evidence from maternity leave expansion in China 政策会重塑态度吗？中国产假扩大的证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-06-03 DOI: 10.1016/j.chieco.2025.102462
Chen Huang, Ning Jia
{"title":"Do policies reshape attitudes? Evidence from maternity leave expansion in China","authors":"Chen Huang,&nbsp;Ning Jia","doi":"10.1016/j.chieco.2025.102462","DOIUrl":"10.1016/j.chieco.2025.102462","url":null,"abstract":"<div><div>Maternity leave system has been established in most countries to support gender equality, with a worldwide growing trend towards expanding its durations. However, by emphasizing women's household responsibilities relative to men, expanded maternity leave durations could reinforce traditional gender role attitudes in the population. This paper explores a recent maternity leave expansion in China, the world's largest developing country with traditional gender norms. Based on the difference-in-differences approach, we show that longer maternity leave significantly reinforced individuals' traditional attitudes towards gender roles in the labor market and within households. The impacts are larger among males than among females, and mainly driven by men who initially held traditional views. The results also show a considerable shift towards traditional gender division of paid work and household responsibilities. Women's lower visibility in the workplace due to the reduced market demand may lead to the attitudinal changes. Overall, findings from this study highlight the role of policies in shaping public attitudes and the importance of incorporating gender-neutral policies in achieving gender equality.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102462"},"PeriodicalIF":5.2,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144253836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 China's overseas agricultural aids contribute to global food security? 中国的海外农业援助是否有助于全球粮食安全？
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-06-03 DOI: 10.1016/j.chieco.2025.102463
Chao Zhong , Jiaxin Du , Hongbo Cai , Qi Fan
{"title":"Does China's overseas agricultural aids contribute to global food security?","authors":"Chao Zhong ,&nbsp;Jiaxin Du ,&nbsp;Hongbo Cai ,&nbsp;Qi Fan","doi":"10.1016/j.chieco.2025.102463","DOIUrl":"10.1016/j.chieco.2025.102463","url":null,"abstract":"<div><div>This study focuses on the impact of China's overseas agricultural aids on food production in recipient countries. An empirical analysis was conducted using country-level panel data from 2000 to 2022. Through the difference-in-differences (DID) model, the results confirm that China's overseas agricultural aids have a positive and significant effect on increasing food production in recipient countries. Heterogeneity analysis shows that the positive impact of overseas agricultural aids on food production is more pronounced in countries with higher poverty rates and those that are closer to China in terms of institutions or culture. Moreover, different aid mechanisms have varying effects. Further analysis of these mechanisms indicates that China's overseas agricultural aids primarily promote food production through two key channels: total factor productivity in agriculture and agricultural capital stock per capita. The findings of this study provide valuable guidance for optimizing overseas aid strategies and promoting sustainable agricultural development in recipient countries.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102463"},"PeriodicalIF":5.2,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144240992","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 role of access to expressways on industrial clustering development in China 高速公路通达对中国产业集群发展的作用
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-06-03 DOI: 10.1016/j.chieco.2025.102460
Yunfei Zhang , Kevin Chen
{"title":"The role of access to expressways on industrial clustering development in China","authors":"Yunfei Zhang ,&nbsp;Kevin Chen","doi":"10.1016/j.chieco.2025.102460","DOIUrl":"10.1016/j.chieco.2025.102460","url":null,"abstract":"<div><div>Infrastructure development is considered a key driver of industrial growth. In this study, we used the difference-in-differences method to examine the effect of access to expressways on industrial clustering development. Our findings highlight that access to expressways was associated with a 6.5 % increase in the number of firms in specific industries. The results remained robust after several endogeneity tests. Furthermore, our mechanism analysis demonstrated that the effect was driven by the reduction of trade costs and alleviation of information friction.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102460"},"PeriodicalIF":5.2,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144240993","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Assessing effective VAT rates and tax efficiency at industry-level: The case of China 评估行业层面的有效增值税税率和税收效率：以中国为例
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-31 DOI: 10.1016/j.chieco.2025.102454
Gene H. Chang , Ye Chen , Kathryn J. Chang
{"title":"Assessing effective VAT rates and tax efficiency at industry-level: The case of China","authors":"Gene H. Chang ,&nbsp;Ye Chen ,&nbsp;Kathryn J. Chang","doi":"10.1016/j.chieco.2025.102454","DOIUrl":"10.1016/j.chieco.2025.102454","url":null,"abstract":"<div><div>In the real-world value-added tax (VAT) rates among industries are often non-uniform. Estimating effective VAT rates (EVATRs) at the industry level can increase understanding VAT burden and tax efficiency in individual industries. EVATRs should be solved endogenously in a general equilibrium framework, so the estimated EVATRs are consistent with the given data of the input-output relationship and industry net VAT revenues. We adopt this new approach to estimate the industry-level EVATRs and assess tax performance under China's multi-tiered VAT rate system on a set of newly released data. The results demonstrate many Chinese industries - in particular, all service industries - pay more VAT taxes than their statutory rates require. The VAT overpayment is mainly driven by unrefunded VAT for inputs by small firms, induced by government policies. We also find China and its industries have higher VAT tax efficiency than most OECD countries, which challenges the conventional preference for a uniform VAT rate regime.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102454"},"PeriodicalIF":5.2,"publicationDate":"2025-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144231300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Technological sanctions and their unintended consequences: Theory and evidence 技术制裁及其意外后果：理论与证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-31 DOI: 10.1016/j.chieco.2025.102458
Yue Li , Xiaoxue Zheng , Chu-Ping Lo
{"title":"Technological sanctions and their unintended consequences: Theory and evidence","authors":"Yue Li ,&nbsp;Xiaoxue Zheng ,&nbsp;Chu-Ping Lo","doi":"10.1016/j.chieco.2025.102458","DOIUrl":"10.1016/j.chieco.2025.102458","url":null,"abstract":"<div><div>We extend <span><span>Melitz's (2003)</span></span> model to demonstrate that technology sanctions can lead to unintended economic consequences when targeting countries with substantial technology stocks. Rather than hindering the sanctioned country's technological progress, sanctions may facilitate the emerge of high-productivity domestic firms that outpace international competitors, ultimately boosting the sanctioned country's overall productivity. Our empirical analysis, using the Panel Smooth Transition Regression (PSTR) model, reveals that when a sanctioned country's technology stock reaches approximately 75 % of the sanctioning country's level, the negative impact of sanctions diminishes, potentially resulting in counterproductive outcomes. Additionally, countries with larger populations demonstrate greater resilience to technology sanctions.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102458"},"PeriodicalIF":5.2,"publicationDate":"2025-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144221748","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Fiscal multipliers, sectoral heterogeneity and reallocation in China 中国财政乘数、行业异质性与再配置
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-31 DOI: 10.1016/j.chieco.2025.102456
Ying He , Changhua Yu
{"title":"Fiscal multipliers, sectoral heterogeneity and reallocation in China","authors":"Ying He ,&nbsp;Changhua Yu","doi":"10.1016/j.chieco.2025.102456","DOIUrl":"10.1016/j.chieco.2025.102456","url":null,"abstract":"<div><div>This paper investigates the impact of sectoral heterogeneity on fiscal multipliers in China, focusing on resource reallocation between the capital-intensive heavy sector and the labor-intensive light sector. By applying a Bayesian SVAR model to identify fiscal spending shocks over 1992Q1–2015Q3, we find an aggregate output multiplier of 0.76, with output multipliers of 1.09 for the heavy sector and − 0.25 for the light sector. Fiscal spending shocks lead to rising labor costs, declining capital costs, and the disappearance of light-sector firms—all driven by factor reallocation. Our two-sector model with heterogeneous producers and financial frictions explains these dynamics, highlighting the role of fiscal policy in reshaping sectoral outputs.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102456"},"PeriodicalIF":5.2,"publicationDate":"2025-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144240994","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Size matters: Measuring the effects of inequality and growth shocks 规模很重要：衡量不平等和增长冲击的影响
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-29 DOI: 10.1016/j.chieco.2025.102429
Sanghamitra Bandyopadhyay , Rui Sun
{"title":"Size matters: Measuring the effects of inequality and growth shocks","authors":"Sanghamitra Bandyopadhyay ,&nbsp;Rui Sun","doi":"10.1016/j.chieco.2025.102429","DOIUrl":"10.1016/j.chieco.2025.102429","url":null,"abstract":"<div><div>Understanding the relationship between income inequality and economic growth is of utmost importance to social scientists, but the empirical evidence is inconclusive. We use a Bayesian structural vector autoregression approach to estimate the relationship between inequality and growth for two large economies, China and the USA, from 1978 to 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growth-reducing. However, the size of the effects of these shocks is extremely small, accounting for under 2% of the variance for both countries, suggesting other important socio-economic determinants of growth and inequality.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102429"},"PeriodicalIF":5.2,"publicationDate":"2025-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144221747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 pricing of local government bonds in China: A bank-government relationship perspective 中国地方政府债券定价：银行-政府关系视角
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-29 DOI: 10.1016/j.chieco.2025.102440
Xi Qu , Zhiwei Xu , Jinxiang Yu
{"title":"The pricing of local government bonds in China: A bank-government relationship perspective","authors":"Xi Qu ,&nbsp;Zhiwei Xu ,&nbsp;Jinxiang Yu","doi":"10.1016/j.chieco.2025.102440","DOIUrl":"10.1016/j.chieco.2025.102440","url":null,"abstract":"<div><div>This paper investigates the pricing mechanism of local government bonds in China from the perspective of the bank-government relationship. Based on a comprehensive dataset, we find that, before the regulatory policy implemented in May 2018, bonds issued by regions more closely connected with underwriting banks in terms of local treasury cash management exhibited significantly lower spreads. However, the negative effect of the bank-government relationship on bond spreads diminished after the policy event. We validate the robustness of these findings using various econometric specifications. Mechanism analysis indicates that the regulatory policy significantly weakened the role of pre-existing bank-government relationships and encouraged greater participation of non-bank underwriters. Our estimation also rules out the channel related to the size of underwriting banks. Furthermore, we find that the aforementioned pattern is more pronounced during periods of looser market liquidity or in regions with less developed financial markets.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102440"},"PeriodicalIF":5.2,"publicationDate":"2025-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144195645","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
China's low-carbon technology trade: Facts and implications 中国的低碳技术贸易：事实与启示
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-28 DOI: 10.1016/j.chieco.2025.102445
Kevin P. Gallagher , Renliang Liu , Jiaqi Lu , Ruyu Yin , Miaojie Yu , Praveena Bandara
{"title":"China's low-carbon technology trade: Facts and implications","authors":"Kevin P. Gallagher ,&nbsp;Renliang Liu ,&nbsp;Jiaqi Lu ,&nbsp;Ruyu Yin ,&nbsp;Miaojie Yu ,&nbsp;Praveena Bandara","doi":"10.1016/j.chieco.2025.102445","DOIUrl":"10.1016/j.chieco.2025.102445","url":null,"abstract":"<div><div>This study examines China's evolving role in global low-carbon technology (LCT) trade and its impact on climate mitigation. The novel data suggests China's transition from a net importer to a net exporter of LCTs over the past three decades. Employing a gravity-equation framework, we identify the economic and institutional factors that drive bilateral LCT flows. Fixed-effects regressions show that China's LCT exports significantly reduce partner-country CO₂ emissions, measured in total, per-capita, and intensity terms, and that these reductions are larger for high-income partners and for the energy-storage and pollution-control LCTs. We further find that partner-country human capital, political stability, and development assistance amplify these environmental benefits. We conclude with policy recommendations including sustained R&amp;D investment, stable export prices, encouragement of outward FDI, further trade liberalization and improved international dialogue on capacity issues to advance global sustainable trade and decarbonization.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"92 ","pages":"Article 102445"},"PeriodicalIF":5.2,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144168663","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Risk education and tax aggressiveness: Evidence from China's auditor certification reform 风险教育与税收攻击性：来自中国审计师认证改革的证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-05-28 DOI: 10.1016/j.chieco.2025.102453
Zhifang Su , Haowei Wang , Yinghao Pan
{"title":"Risk education and tax aggressiveness: Evidence from China's auditor certification reform","authors":"Zhifang Su ,&nbsp;Haowei Wang ,&nbsp;Yinghao Pan","doi":"10.1016/j.chieco.2025.102453","DOIUrl":"10.1016/j.chieco.2025.102453","url":null,"abstract":"<div><div>This paper examines how auditors' risk education affects corporate tax aggressiveness, leveraging China's 2009 CPA examination reform as a quasi-natural experiment. Firms audited by “new regime” auditors (post-reform) exhibit significantly lower tax aggressiveness than those audited by pre-reform auditors. This effect is more pronounced for firms with weaker governance and greater information asymmetry. We find enhanced risk awareness and improved professional capability are key channels. These findings highlight auditor education's importance in enhancing audit effectiveness and shaping corporate tax behavior, with implications for corporate governance reforms like China's 2024 Company Law amendment regarding audit committees.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102453"},"PeriodicalIF":5.2,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144195642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
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