{"title":"Can agricultural export trade openness improve residents' health in China","authors":"Hongjie Sun, Qingqing Cao, Tiantian Gu","doi":"10.1016/j.eap.2024.10.042","DOIUrl":"10.1016/j.eap.2024.10.042","url":null,"abstract":"<div><div>Agricultural trade, a vital component of the global trading system, significantly influences residents' health. This paper employs data from the 2010-2021 Chinese General Social Survey (CGSS) to conduct the first comprehensive analysis of the impacts of agricultural export trade openness on residents' health and the underlying mechanisms. The study reveals that agricultural export trade openness markedly enhances the health level of Chinese residents. The impact of agricultural export trade openness on the health of populations in different geographical areas and with different characteristics is heterogeneous. Mechanism analysis shows that the opening up of agricultural product export trade affects residents' health levels through three pathways: household income, working hours, and agrochemical use. This paper contributes new empirical evidence on the determinants of residents' health from a trade perspective, offering valuable insights for advancing agricultural trade openness and improving residents' health.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1608-1620"},"PeriodicalIF":7.9,"publicationDate":"2024-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142593882","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}
{"title":"Research on the contribution of technological innovation efficiency and internal structure optimization of charging pile industry: A case study of China","authors":"Shanwei Li, Jingjie Li","doi":"10.1016/j.eap.2024.10.038","DOIUrl":"10.1016/j.eap.2024.10.038","url":null,"abstract":"<div><div>In the context of resource scarcity and environmental protection, the new energy industry has garnered significant attention from various sectors. The charging pile (CP) industry, a crucial component of the new energy vehicle (NEV) industry's supply chain, requires improvements in both quantity and quality. This study examined the technological innovation efficiency (TIE) of the CP industry, considering two levels: pure technical efficiency (PTE) and scale efficiency (SE), and explored methods to optimize its internal structure. By combining the grey correlation analysis (GCA) method with the generalized data envelopment analysis (GDEA) model, a reliable evaluation indicator system was established. Empirical findings revealed that the PTE of technological innovation in the CP industry exhibited an upward trend from 2019 to 2022, achieving a GDEA-effective state. However, the SE of technological innovation shows a downward trend, indicating non-GDEA effectiveness. The contribution of CP companies to the PTE of technological innovation has shown a persistent and accelerating decline, while their contribution to SE, once negative, gradually shifts toward a positive influence. Consequently, the internal technological innovation structure of the CP industry necessitates optimization and adjustment to attain balance. This study provides recommendations from the perspectives of both the government and companies.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1636-1651"},"PeriodicalIF":7.9,"publicationDate":"2024-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142593883","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}
Chenchen Wang , Yaobin Liu , Sheng Hu , Xuewen Liu
{"title":"Can new digital infrastructure enhance ecological total factor productivity? Evidence from Chinese cities","authors":"Chenchen Wang , Yaobin Liu , Sheng Hu , Xuewen Liu","doi":"10.1016/j.eap.2024.10.040","DOIUrl":"10.1016/j.eap.2024.10.040","url":null,"abstract":"<div><div>During a pivotal time for global environmental challenges and economic restructuring, investigating the potential of new digital infrastructure (NDI) to enhance ecological total factor productivity (ETFP) emerges as crucial for propelling sustainable development initiatives. This study utilizes panel data collected from Chinese cities from 2010–2021, combining econometric models, Python text analysis, equivalence factor method, and ArcGIS overlay analysis to theoretically and empirically examine whether NDI can enhance ETFP and its action mechanisms. The study finds that NDI significantly enhances ETFP. After a series of robustness checks and instrumental variable regressions, the conclusions remain valid. Further mechanism tests reveal that the construction of NDI effectively boosts ETFP primarily through dual-structure optimization effect, green innovation effect, and economic agglomeration effect. The influence of NDI on enhancing ETFP exhibits significant heterogeneity, especially on the west side of the Hu Huanyong Line, in ecological regulation functional zones, resource-based cities, cities dominated by the secondary industry, and smart cities, where the effects of NDI on enhancing ETFP are more pronounced. Moreover, this effect shows temporal differences, particularly after 2013, when the enhancement effect became significantly strong. Furthermore, as resource allocation efficiency and public environmental awareness increase, this enhancement effect become even increasingly significant. This study not only deepens the understanding of the potential for NDI to promote sustainable development but also furnishes theoretical and empirical substantiation for the green transformation of the global economy.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1521-1537"},"PeriodicalIF":7.9,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142571888","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}
{"title":"Government data opening and corporate cash holdings: Evidence from a quasi-natural experiment in China","authors":"Huilong Liu , Jing Xie , Yanning Yang","doi":"10.1016/j.eap.2024.10.043","DOIUrl":"10.1016/j.eap.2024.10.043","url":null,"abstract":"<div><div>We investigate whether government data opening reduces corporate cash holdings. Using the establishment of city-level open government data platforms in China as a quasi-natural experiment, we find that government data opening significantly reduces firms’ cash holdings. The effect is more pronounced when firm uncertainty is higher, when firms are more financially constrained, when firms are non-state-owned, when firms trade less in the internal market, and when there are fewer alternative information sources in a region. Overall, our evidence suggests that government data opening reduces environmental uncertainty and firms’ precautionary cash holdings.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1394-1414"},"PeriodicalIF":7.9,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142537303","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}
Zhenhua Zhang , Peixuan Li , Xinyi Wang , Rong Ran , Wenshuai Wu
{"title":"New energy policy and new quality productive forces: A quasi-natural experiment based on demonstration cities","authors":"Zhenhua Zhang , Peixuan Li , Xinyi Wang , Rong Ran , Wenshuai Wu","doi":"10.1016/j.eap.2024.10.039","DOIUrl":"10.1016/j.eap.2024.10.039","url":null,"abstract":"<div><div>The impact of the new energy policy on the new quality productive forces (NQPF) in developing countries still lacks empirical evidence. The new energy demonstration city policy (NEDCP), serving as a comprehensive energy strategy in China, holds significant importance in driving the transformation of energy structures and fostering the NQPF. Based on the panel data collected from 276 Chinese cities, this study employs the difference-in-differences approach to examine the impact of the NEDCP on the NQPF. The findings indicate a substantial enhancement in the NQPF as a result of the NEDCP. While the NEDCP has a short-term effect on the NQPF, the long-term effect is insignificant. When considering the removal of low-carbon city variables, the influence of NEDCP was significantly improved. The NEDCP indirectly improves the NQPF through urban innovation capacity, government fiscal support, and industrial structure upgrading. The human capital level positively moderates the NEDCP's effect on the NQPF. In contrast to cities reliant on natural resources, the NEDCP exhibits a significantly greater influence on augmenting the NQPF in cities that are not dependent on such resources. Cities with higher urbanization levels experience a more substantial positive impact on the NQPF from the NEDCP compared to cities with lower urbanization levels. Our findings have important theoretical significance and can provide practical guidance to help developing countries improve NQPF through new energy policies.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1670-1688"},"PeriodicalIF":7.9,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658021","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}
{"title":"The impact of financial inclusion on human capital investment: Evidence from China Family Panel Studies","authors":"Dan Ma, Hongfan Chen, Lifu Fu","doi":"10.1016/j.eap.2024.10.049","DOIUrl":"10.1016/j.eap.2024.10.049","url":null,"abstract":"<div><div>This paper explores the influence of financial inclusion on human capital investment among Chinese households. Although prior research underscores that financial inclusion fosters economic growth, its direct impact on household-level human capital investment remains insufficiently explored, particularly in developing regions. This research utilizes data from the China Family Panel Studies (CFPS) to develop a comprehensive household-level financial inclusion index, including bank accounts, loans, insurance, and digital payments. A two-way fixed effects model is employed to assess both the impact and underlying mechanisms through which financial inclusion affects human capital investment. The findings indicate that financial inclusion enhances human capital investment among Chinese households, with stronger effects observed in the western regions and among low-income families. This impact is realized by alleviating financing constraints, boosting property income, and mitigating income uncertainty. The results highlight the critical importance of actively promoting financial inclusion in developing countries, with particular emphasis on reaching underdeveloped regions and low-income households.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1438-1451"},"PeriodicalIF":7.9,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142553343","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}
{"title":"The impact of China's residence permit system on the floating population's willingness to settle in cities","authors":"Ming Zhang , Panpan Du , Hong Tan","doi":"10.1016/j.eap.2024.10.044","DOIUrl":"10.1016/j.eap.2024.10.044","url":null,"abstract":"<div><div>China's residence permit system is the focus of the nation's household registration system reform and a crucial aspect of promoting the new people-centered urbanization. Based on the China Migrants Dynamic Survey, this study uses the probit regression model to investigate the impact of the residence permit system on the floating population's willingness to settle in cities and examines the moderating effect of local government's financial resources. The results show that the residence permit system has a significant promoting effect on the migrants’ willingness to settle. And local government financial resources can strengthen the effect of the residence permit system on the willingness to settle. Additional exploration shows that the residence permit system can enhance the willingness of floating populations to settle in urban areas by increasing their income and consumption levels. Heterogeneity analysis shows that for non-agricultural household registration, high-education, high-income, and interprovincial migrating groups, the incentive effect of the residence permit system is more stronger. Based on the findings, while improving the residence permit system and expanding its coverage groups, transfer payments from the central government to local governments should be increased to effectively improve the value of residence permits, promote the floating population's settlement in cities, and advance China's new urbanization.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1577-1595"},"PeriodicalIF":7.9,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142578263","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}
{"title":"Does public pension promote or inhibit enterprise total factor productivity? Evidence from China","authors":"Qianwen Zheng , Zilan Liu , Yunxiao Zhang","doi":"10.1016/j.eap.2024.10.032","DOIUrl":"10.1016/j.eap.2024.10.032","url":null,"abstract":"<div><div>The relationship between pension contribution rates and productivity remains a significant topic of discussion. This study utilizes micro-level data to examine the interaction between statutory pension contribution rates, actual contribution rates, and the total factor productivity (TFP) of enterprises. The findings indicate that the reduction in the Basic Old-age Insurance contribution rate resulted in a 0.985 percentage point decline in actual contribution rates and 4.3 percentage point decline in TFP. Pension insurance contribution collection by tax authorities results in the highest collection intensity and lowest elasticity coefficient, while agency collection exhibits greater variability. Additionally, actual pension contribution rates and TFP exhibit an inverted U-shaped relationship. When the public pension contribution rate is either too high or too low, it may hinder improvements in enterprise production efficiency. Instead, there exists an optimal range of contribution rates where public pensions can foster a positive interaction between R&D investment, capital-skill substitution, and employee incentives. State-owned, labor-intensive, and low-wage firms experience sharper productivity declines beyond a lower optimal contribution rate, indicating that these firms reach peak productivity at lower contribution levels.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1690-1713"},"PeriodicalIF":7.9,"publicationDate":"2024-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658475","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}
{"title":"The impact of green finance on labor income share: Evidence from green finance reform and innovation pilot zone","authors":"Bingnan Guo , Weizhe Feng , Ji Lin","doi":"10.1016/j.eap.2024.10.014","DOIUrl":"10.1016/j.eap.2024.10.014","url":null,"abstract":"<div><div>Enhancing the labor income share (LIS) is essential for optimizing the income distribution structure and achieving the goals of Chinese modernization. Through the panel data of Chinese A-share listed enterprises from 2013 to 2022, we construct a multi-period difference-in-differences model to evaluate the effect of the green finance reform and innovation pilot zones (GFRIPZ) on the enterprises’ LIS and its underlying mechanisms. The research results show that: (1) The GFRIPZ significantly increased the LIS of enterprises. And this conclusion still holds after a series of robustness checks. (2) Mechanism analyses indicates that the GFRIPZ primarily enhances the LIS by alleviating enterprises’ financing constraints and increasing operating income. (3) Heterogeneity analyses reveal that, compared to the eastern China and state-owned enterprises, the income effect of GFRIPZ is stronger in the central-western China and non-state-owned enterprises.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1347-1358"},"PeriodicalIF":7.9,"publicationDate":"2024-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142537369","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}
{"title":"Pro-growth or limit-on: How environmental regulations affect residents' well-being","authors":"Gaofei Zhang , Jingyi Li , Jing Ma , Zhenhai Liu","doi":"10.1016/j.eap.2024.10.034","DOIUrl":"10.1016/j.eap.2024.10.034","url":null,"abstract":"<div><div>This paper uses micro panel data based on the five-annual China Family Panel Survey (CFPS) to study the relationship between environmental regulation and residents' happiness. The results are as follows. Firstly, environmental regulation has a significant positive impact on residents' happiness. Secondly, Environmental regulation has the most significant impact on residents' happiness in eastern China. Thirdly, Environmental regulation can improve residents' happiness by reducing environmental pollution, reducing family health care expenditure, and improving social security. Finally, there is an inverted u-shaped relationship between environmental regulation and residents' happiness. Therefore, environmental regulation can be an effective way to improve residents' happiness. The government can implement appropriate environmental regulations to improve residents' happiness.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 1509-1520"},"PeriodicalIF":7.9,"publicationDate":"2024-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142571887","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}