中国经济评论最新文献

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The revenue and welfare implications of digital coupon stimulus programs 数字优惠券刺激计划的收入和福利影响
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-04-02 DOI: 10.1016/j.chieco.2025.102396
Ying Chen , Jiaming Mao , Yue Wang
{"title":"The revenue and welfare implications of digital coupon stimulus programs","authors":"Ying Chen ,&nbsp;Jiaming Mao ,&nbsp;Yue Wang","doi":"10.1016/j.chieco.2025.102396","DOIUrl":"10.1016/j.chieco.2025.102396","url":null,"abstract":"<div><div>This study examines the impact of digital coupon programs on local businesses, using a large-scale program in Ningbo, China as a case study. Based on a regression discontinuity design, we find digital coupons to be a cost-effective method for local governments to generate immediate excess earnings for businesses during economic downturns. However, the impact was temporary and unevenly allocated. The majority of the excess revenues generated by the program went to large businesses, while small businesses benefited more on a percentage basis. Evaluating the distributional and welfare consequences of the program, we find that it led to both an improvement in total welfare for local businesses and a reduction in their revenue and welfare inequality.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102396"},"PeriodicalIF":5.2,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143834759","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
Trade and welfare effects of food trade policy changes: Evidence from China's anti-dumping and countervailing measures on Australian barley 食品贸易政策变化的贸易和福利效应:来自中国对澳大利亚大麦反倾销和反补贴措施的证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-04-01 DOI: 10.1016/j.chieco.2025.102405
Jijun Yang , Weiwei Ai , Wenxiao Wang
{"title":"Trade and welfare effects of food trade policy changes: Evidence from China's anti-dumping and countervailing measures on Australian barley","authors":"Jijun Yang ,&nbsp;Weiwei Ai ,&nbsp;Wenxiao Wang","doi":"10.1016/j.chieco.2025.102405","DOIUrl":"10.1016/j.chieco.2025.102405","url":null,"abstract":"<div><div>Food imports play an important role in ensuring overall food security. This paper provides a dynamic assessment of the trade and welfare effects of China's anti-dumping and countervailing (“double reverse”) tariffs on Australian barley. Using a difference-in-differences approach and a partial equilibrium model, we find that trade destruction effects—marked by a significant drop in Australian barley exports to China—greatly outweigh trade diversion effects, with distinct outcomes across the investigation, execution, and termination phases. Although these measures offer short-term protection for Chinese barley producers, they result in a net welfare loss for China due to reduced consumer welfare. Australia also incurs a net welfare loss from decreased producer surplus and lower domestic prices. In contrast, third countries benefit from expanded access to China's barley market and a redirection of Australian barley exports.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102405"},"PeriodicalIF":5.2,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143808256","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
Disclosing personal information on behalf of others: An experimental study 代他人披露个人信息一项实验研究
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-04-01 DOI: 10.1016/j.chieco.2025.102401
Minda Wang , Jianbiao Li , Xiaofei Niu , Wenhua Wang
{"title":"Disclosing personal information on behalf of others: An experimental study","authors":"Minda Wang ,&nbsp;Jianbiao Li ,&nbsp;Xiaofei Niu ,&nbsp;Wenhua Wang","doi":"10.1016/j.chieco.2025.102401","DOIUrl":"10.1016/j.chieco.2025.102401","url":null,"abstract":"<div><div>People often decide whether to risk the privacy of others on behalf of others, and the benefit of disclosing personal information could be in the form of money or time. Do people differ in their willingness to disclose their own personal information and to disclose the personal information of others, and what is the stated price of disclosure, measured in time rather than money? In controlled experiments, we elicit participants' willingness to disclose others' personal information when they make these decisions for others. We also compare the monetary and time rewards for giving up privacy. The results show that participants report higher prices when they make decisions on behalf of others than when they do so for themselves, and this discrepancy is robust regardless of whether the reward is money or time. It appears that people are more concerned about the privacy of others than they are about their own privacy and demand greater compensation for disclosing personal information when the benefit of the exchange is time rather than money.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102401"},"PeriodicalIF":5.2,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143829934","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 impact of agricultural OFDI network status on home countries' food security 农业对外直接投资网络现状对母国粮食安全的影响
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-04-01 DOI: 10.1016/j.chieco.2025.102404
Lihua Dai , Chenyue Zhang , Zhenqing Gao
{"title":"The impact of agricultural OFDI network status on home countries' food security","authors":"Lihua Dai ,&nbsp;Chenyue Zhang ,&nbsp;Zhenqing Gao","doi":"10.1016/j.chieco.2025.102404","DOIUrl":"10.1016/j.chieco.2025.102404","url":null,"abstract":"<div><div>Using agricultural outward foreign direct investment (OFDI) data for 85 countries from 2007 to 2022 in the Financial Times FDI Markets database, this study employs social network analysis to construct a global agricultural OFDI network. Based on an analysis of global agricultural OFDI network characteristics, this study empirically examines the impact of OFDI network status on home countries' food security. The results reveal that the contemporary global agricultural OFDI network is dominated by developed countries, but is gradually moving toward a multicenter trend. A home country's rising position in the agricultural OFDI network will significantly promote food security. Heterogeneity analysis reveals that intermediary centrality and network connection strength have significantly positive impact on home countries' food security. The stronger the “transit” ability of a country in the agricultural OFDI network, the deeper the investment intensity in other countries, the more conducive to the food security of the home country. The impact of a country's position in the agricultural OFDI network on food security is also heterogeneous among countries with different income levels and coastline lengths. The results of the mechanism test demonstrate that the promotional status of a country's agricultural OFDI network position can positively affect food security by encouraging agricultural finance development and independent agricultural research and development. Based on this, the study suggests that China should further encourage agricultural enterprises to “go global,” build a strategic agricultural OFDI network system, enhance its position in the global agricultural OFDI network, strengthen the collaboration of network nodes, and improve policies such as financial support and innovation support to ensure the country's food security.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102404"},"PeriodicalIF":5.2,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143768054","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
When economic downturn hits bottom workers: Labor market entry conditions and long-term career effects 当经济衰退打击底层工人时:劳动力市场进入条件和长期职业影响
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-04-01 DOI: 10.1016/j.chieco.2025.102379
Ye Jiang , Tonglong Zhang
{"title":"When economic downturn hits bottom workers: Labor market entry conditions and long-term career effects","authors":"Ye Jiang ,&nbsp;Tonglong Zhang","doi":"10.1016/j.chieco.2025.102379","DOIUrl":"10.1016/j.chieco.2025.102379","url":null,"abstract":"<div><div>Recessions can have enduring negative consequences on labor markets, yet their impacts on bottom workers employed in flexible forms remain underexplored. This study provides empirical evidence on how adverse labor market entry conditions persistently affect the careers of bottom workers, specifically Chinese rural-urban migrants. Baseline estimations reveal that increases in national or regional unemployment rates significantly reduce the career earnings and labor supply of these migrants. The persistent adverse effects are largely driven by long-term penalties stemming from initial job downgrading at labor market entry. Additionally, this study examines heterogeneities in career effects, uncovering substantial impacts on individual life trajectories, such as delayed marriage and fertility plans. These findings have important policy implications and enhance our understanding of the long-term effects of macroeconomic fluctuations on vulnerable labor cohorts.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102379"},"PeriodicalIF":5.2,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143776686","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
Can reducing agricultural trade costs foster the transformation of the agrifood system? Evidence from China 降低农产品贸易成本能否促进农业食品体系的转型?来自中国的证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-03-31 DOI: 10.1016/j.chieco.2025.102406
Xiaolu Liu , Yumei Zhang , Xiangmin Lan , Wei Si
{"title":"Can reducing agricultural trade costs foster the transformation of the agrifood system? Evidence from China","authors":"Xiaolu Liu ,&nbsp;Yumei Zhang ,&nbsp;Xiangmin Lan ,&nbsp;Wei Si","doi":"10.1016/j.chieco.2025.102406","DOIUrl":"10.1016/j.chieco.2025.102406","url":null,"abstract":"<div><div>Trade costs play a crucial role in influencing food expenditure and residents' food choices, which in turn affects their dietary quality. In this paper, the China CGE model was integrated with household survey data to further examine the impact of agricultural trade costs reduction on the agrifood system, capturing variations across food categories and household groups. Our findings indicate that, reducing domestic agricultural trade costs lowers food prices, expands food consumption and production, and improves residents' dietary quality, especially for low-income groups. When domestic agricultural trade costs decrease by 10 % annually from 2025 to 2030, fruit, milk, and aquatic product prices are projected to drop by 15.33 %, 12.88 %, and 10.39 %, respectively. This increase in the consumption of higher-value, currently under-consumed foods is anticipated to promote a more balanced diet, improving dietary quality for 36.78 % of rural residents and 39.07 % of urban residents. Consumption changes will also affect agricultural production and the macro-economy through inter-sectoral linkages. The reduction in domestic agricultural trade costs leads to increased production levels and stimulates growth in both agriculture and the agrifood system GDP. Future efforts should focus on enhancing cold chain logistics for fresh produce, standardizing the Green Channel policy, and strengthening the sustainability of China's agrifood system.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102406"},"PeriodicalIF":5.2,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143829935","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
Trade-linked pandemic, enforcement gap, and pollution 与贸易有关的流行病、执法差距和污染
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-03-31 DOI: 10.1016/j.chieco.2025.102402
Huanhuan Wang , Zhiqiang Zhang , Xiaoxue Zhao
{"title":"Trade-linked pandemic, enforcement gap, and pollution","authors":"Huanhuan Wang ,&nbsp;Zhiqiang Zhang ,&nbsp;Xiaoxue Zhao","doi":"10.1016/j.chieco.2025.102402","DOIUrl":"10.1016/j.chieco.2025.102402","url":null,"abstract":"<div><div>This paper theoretically and empirically investigates the economic and environmental impact of the global COVID-19 pandemic propagated through trade linkages. Exploiting variation in country-month-specific coronavirus infection rates and heterogeneity in Chinese counties' pre-existing trade networks, we estimate a significant negative effect of foreign trading partners' coronavirus infection rate on Chinese counties' trade volumes and economic output, especially among counties specializing in producing non-stay-at-home and non-medical goods. However, counter-intuitively, the negative output effect of trade contraction during the pandemic is not accompanied by a corresponding decline in pollutant emission or improvement in air quality among Chinese counties. We show evidence that the non-effect of trade contraction on the environment arises because local governments, especially those not well monitored by central government on environmental indicators or facing a less binding environmental target, have intentionally relaxed their environmental regulation enforcement on local firms to spur production and mitigate the negative economic shock of the global trade contraction on local GDP during the pandemic.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102402"},"PeriodicalIF":5.2,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143776685","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
Anti-dumping duties, export price adjustment, and firm ownership: Evidence from Chinese aluminum exporters 反倾销税、出口价格调整与企业所有权:来自中国铝出口商的证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-03-28 DOI: 10.1016/j.chieco.2025.102394
Li Su , Yanfei Wang , Mengyuan Zhang , Wei Lin
{"title":"Anti-dumping duties, export price adjustment, and firm ownership: Evidence from Chinese aluminum exporters","authors":"Li Su ,&nbsp;Yanfei Wang ,&nbsp;Mengyuan Zhang ,&nbsp;Wei Lin","doi":"10.1016/j.chieco.2025.102394","DOIUrl":"10.1016/j.chieco.2025.102394","url":null,"abstract":"<div><div>This paper examines the impact of 2009 and 2011 anti-dumping (AD) duties on aluminum from the European Union and the United States on Chinese aluminum firms’ export price adjustments using a Difference-in-Differences (DD) method. We find that a one percentage point increase in US AD duties leads to a 0.21% rise in export prices. Moreover, state-owned enterprises (SOEs) exhibit significantly smaller price adjustments compared to non-SOEs, highlighting the role of firm ownership in shaping responses to AD duties. These findings have important implications for understanding firm behavior and guiding policy design in the context of trade protection measures.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102394"},"PeriodicalIF":5.2,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143746522","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
How services liberalization shapes functional specialization in developing countries? 服务自由化如何塑造发展中国家的职能专业化?
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-03-24 DOI: 10.1016/j.chieco.2025.102398
Feifei Wu , Lei Liu , Bo Gao , Yanrui Wu
{"title":"How services liberalization shapes functional specialization in developing countries?","authors":"Feifei Wu ,&nbsp;Lei Liu ,&nbsp;Bo Gao ,&nbsp;Yanrui Wu","doi":"10.1016/j.chieco.2025.102398","DOIUrl":"10.1016/j.chieco.2025.102398","url":null,"abstract":"<div><div>How does services liberalization in developing countries shape their functional specialization, i.e. does it cause relatively more domestic value added in exports attributed to fabrication (and to R&amp;D)? This paper empirically shows that services liberalization primarily reinforces specialization in fabrication. We find that the mechanism is the reduction in the cost of services used as the input of manufacturing sectors after services liberalization. We also document the impact is mainly driven by services liberalization in sectors of business and telecommunication and more prominent in sectors characterized by low labor cost, low labor productivity, and low technology levels and in developing countries located in the European production network. Moreover, we show that services liberalization has no discernible impact on specialization in R&amp;D within developing countries. Our results suggest that developing countries, opening up their domestic services market, are seemingly incapable of upgrading functional specialization towards R&amp;D from fabrication, but become more deeply entrenched in fabrication within the global production network.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102398"},"PeriodicalIF":5.2,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143746523","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
Fintech, technological innovation and regional economic growth: Theoretical modeling and empirical evidence 金融科技、技术创新与区域经济增长:理论模型与实证证据
IF 5.2 1区 经济学
中国经济评论 Pub Date : 2025-03-24 DOI: 10.1016/j.chieco.2025.102397
Xirong Huang , Jichang Dong , Xiuting Li
{"title":"Fintech, technological innovation and regional economic growth: Theoretical modeling and empirical evidence","authors":"Xirong Huang ,&nbsp;Jichang Dong ,&nbsp;Xiuting Li","doi":"10.1016/j.chieco.2025.102397","DOIUrl":"10.1016/j.chieco.2025.102397","url":null,"abstract":"<div><div>This study aims to investigate the role of fintech in stimulating innovation and promoting regional economic growth. A Multi-Sector Endogenous Growth Model (MEGM) is constructed by incorporating fintech while internalizing technological progress and human capital accumulation within the framework of creative destruction. Based on this model, we theoretically analyze how fintech influences innovation and regional economic growth, followed by empirical testing using panel data from 246 prefecture-level cities in China during the period from 2012 to 2020. Furthermore, we contextualize these findings within China's fintech development landscape, trends in technological innovation, and patterns of regional economic growth. The results demonstrate that fintech exerts a significant incentive effect on regional innovation and effectively promotes economic growth. Heterogeneity analysis based on cities' endowments reveals that the impact of fintech is more pronounced in financially developed cities, those with high digital endowments, as well as in first- and second-tier cities. The analyses presented herein elucidate how fintech facilitates technology-driven regional economic growth in China, providing valuable insights for fostering innovation-driven development through fintech.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"91 ","pages":"Article 102397"},"PeriodicalIF":5.2,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143739434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
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