Economic Analysis and Policy最新文献_第2页

Do industrial robots bring happiness? The moderating role of public trust

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-22 DOI: 10.1016/j.eap.2025.03.033

Wen Wang, Wang-Zhe Han

{"title":"Do industrial robots bring happiness? The moderating role of public trust","authors":"Wen Wang, Wang-Zhe Han","doi":"10.1016/j.eap.2025.03.033","DOIUrl":"10.1016/j.eap.2025.03.033","url":null,"abstract":"<div><div>Recent research has extensively discussed both the positive and negative effects of industrial robots on economic and social development, but it remains an open question as to what effects these robots have on individuals’ happiness. This study matches individual panel data reported by a Chinese family group survey with regional-level data on the intensity of industrial robot applications and finds that industrial robots impair individuals’ happiness. This negative impact is more pronounced among individuals not involved in political or labor organizations, low-income groups, those facing low job security, and regions with high unemployment rates and inadequate unemployment protection. We then discuss the factors that may affect the negative effect of industrial robots on happiness from the perspective of public trust. We find that high self-trust, political trust, and social trust effectively alleviate the negative impact of industrial robots on happiness. In contrast, high occupational trust exacerbates this effect. This paper expands the study of the social impact of technological progress from the economic level to the levels of psychological and social well-being, providing new perspectives on the interaction between technological advancements and people's livelihoods.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 380-398"},"PeriodicalIF":7.9,"publicationDate":"2025-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143704504","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 adoption of international standards and export behavior of multi-product firms: A perspective based on differentiated competitive strategies

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-22 DOI: 10.1016/j.eap.2025.03.034

Suyun Wang , Hai Zhu

{"title":"The adoption of international standards and export behavior of multi-product firms: A perspective based on differentiated competitive strategies","authors":"Suyun Wang , Hai Zhu","doi":"10.1016/j.eap.2025.03.034","DOIUrl":"10.1016/j.eap.2025.03.034","url":null,"abstract":"<div><div>International standards, as a foundational element for technical regulations, play a pivotal role in facilitating global trade. This study constructs a novel database to assess China's adoption of international standards and demonstrates its positive impact on the export performance of multi-product firms. The paper distinguishes firms by their competitive strategies—quality-based versus cost-based—and analyzes the differential effects of international standards adoption on their export behavior. The results show that firms with quality-based competitive strategies raise prices, expand product ranges, and reduce the share of core products in exports. In contrast, firms with cost-based competitive strategies lower prices, narrow product offerings, and focus on core products. Mechanism analysis reveals that international standards adoption positively affects multi-product firms' export behavior through quality signaling and scale effects. These findings offer new insights into the impact of international standards adoption on export behavior and underscore the importance of standard harmonization for developing countries.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 351-362"},"PeriodicalIF":7.9,"publicationDate":"2025-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143697583","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 impact of artificial intelligence technology application on total factor productivity in agricultural enterprises: Evidence from China

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-22 DOI: 10.1016/j.eap.2025.03.032

Mengqi Ding, Qijie Gao

{"title":"The impact of artificial intelligence technology application on total factor productivity in agricultural enterprises: Evidence from China","authors":"Mengqi Ding, Qijie Gao","doi":"10.1016/j.eap.2025.03.032","DOIUrl":"10.1016/j.eap.2025.03.032","url":null,"abstract":"<div><div>The agricultural sector exhibits significant differences in production methods, efficiency, and models compared to other industries. The question remains whether the application of artificial intelligence (AI) in agriculture can positively impact total factor productivity (TFP). This study investigates the effect and mechanism of AI application on the TFP of agricultural enterprises, using A-share listed agricultural companies from 2011 to 2022 as the research sample. The findings reveal that AI acts as an “agricultural accelerator” for production efficiency, significantly enhancing the TFP of agricultural enterprises. This conclusion holds even after a series of robustness tests and the use of instrumental variables to address endogeneity. In terms of the impact mechanism, AI promotes TFP improvement in agricultural enterprises by enhancing innovation capacity, optimizing the human capital structure, and reducing costs while increasing efficiency. Additionally, the impact of AI is more pronounced in enterprises whose main business is edible agricultural products, larger-scale operations, private enterprises, and those located in the eastern regions. This study provides theoretical guidance for developing precise AI application plans for agricultural enterprises in China and other developing countries, and offers important policy implications for sustainable agricultural development.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 399-415"},"PeriodicalIF":7.9,"publicationDate":"2025-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143704505","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

Can e-commerce bring dividends to rural households? New evidence from the income inequality perspective

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-22 DOI: 10.1016/j.eap.2025.03.036

Yaling Luo, Lei Zhou, Weike Zhang

引用次数: 0

“Fidelity” or “exploitation”: Social trust and corporate greenwashing

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-22 DOI: 10.1016/j.eap.2025.03.035

Jianye Wang , Yubing Ke

引用次数: 0

Impact of Chinese environmental protection tax law on high-pollution firms' employment growth - A quasi natural experiment

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-21 DOI: 10.1016/j.eap.2025.03.031

Yunshu Shao , Yuxiang Cheng

{"title":"Impact of Chinese environmental protection tax law on high-pollution firms' employment growth - A quasi natural experiment","authors":"Yunshu Shao , Yuxiang Cheng","doi":"10.1016/j.eap.2025.03.031","DOIUrl":"10.1016/j.eap.2025.03.031","url":null,"abstract":"<div><div>Environmental protection tax law increases high-pollution firms’ cost and leads to changing of firms’ employment structure. This study analyzes how the Chinese environmental protection tax (eco-tax) policy influences employment growth rates. This study utilizes the difference-in-difference (DID) to conduct the research. The main result shows that this policy promotes employment growth of high-pollution firms in China. The mechanism analysis utilizes the mediation effect model, indicating that the eco-tax promotes high-pollution firms’ employment growth through the mediation effects of increasing labor sectors’ contribution, improving corporation market performance, and attracting employees by higher salary. The heterogeneity analysis has three main indications. (1) The eco-tax promotes the employment growth of labor-intensive firms but not technology- and asset-intensive firms. (2) The eco-tax policy has a significant positive effect on the employment growth of high-pollution enterprises dominated by low-skill workers. (3) The eco-tax policy facilitates the employment growth of high-pollution firms that are in less economically developed areas, state-owned enterprises (SOEs), high-digitalized, and intensively devoting to green innovation, and the results vary among firms with different main labor force contributions and employee proficiencies. It demonstrates that the eco-tax policy should be diversified based on the primary labor force contributions. The results also illustrate the necessity to promote non-SOEs’ environmental protection participation, improve digitalization levels, and promote green innovation.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 416-437"},"PeriodicalIF":7.9,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143724158","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

Does government deleveraging affect corporate cost stickiness?

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-18 DOI: 10.1016/j.eap.2025.03.029

Li Wang , Yajun Tang , Haicheng Shu , Ziqing Zhang

{"title":"Does government deleveraging affect corporate cost stickiness?","authors":"Li Wang , Yajun Tang , Haicheng Shu , Ziqing Zhang","doi":"10.1016/j.eap.2025.03.029","DOIUrl":"10.1016/j.eap.2025.03.029","url":null,"abstract":"<div><div>Asymmetric cost behavior is a significant topic within the field of manage- ment accounting. Adjustments in macroeconomic policies inevitably exert profound influences on corporate management decisions, potentially leading to changes in cost behavior. This paper, grounded in the macroeconomic backdrop of China's deleveraging policy, delves into the potential impact of this policy on cost stickiness at the micro-enterprise level. The study reveals that the enforced implementation of the deleveraging policy has, to some extent, inhibited cost stickiness in enterprises. Variations in the methods and degrees of deleveraging adopted by enterprises result in differing levels of inhibition on cost stickiness. Compared to equity-increasing deleverag- ing, debt-reducing deleveraging demonstrates a more pronounced effect in mitigating cost stickiness. Furthermore, in the heterogeneity analysis, the inhibitory effect of the deleveraging policy on cost stickiness is particularly evident in enterprises with higher external financing dependence, those with- out well-established bank-enterprise relationships, and those subject to in- dustrial policy constraints. This research provides empirical validation and support for the anticipated motivational factors behind cost stickiness within the Chinese context, thereby expanding and deepening the understanding of how macroeconomic policies influence micro-enterprise behavior.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 288-303"},"PeriodicalIF":7.9,"publicationDate":"2025-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143687993","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 impact of digital infrastructure on labor productivity

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-18 DOI: 10.1016/j.eap.2025.03.030

Xiang Zhao, Jiali Liu

引用次数: 0

Pathway to carbon reduction in China: The role of coupling synergies of the digital economy and green finance

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-14 DOI: 10.1016/j.eap.2025.03.027

Mingyang You , Bo Wang , Jun Zhao , Hongyun Huang

引用次数: 0

The heterogeneous impact of rural residents' income growth on consumption carbon emissions: Based on the QUAIDS and EASI models

IF 7.9 2区经济学

Economic Analysis and Policy Pub Date : 2025-03-13 DOI: 10.1016/j.eap.2025.03.021

Rendong Wang , Lei Li , Chengjun Wang

{"title":"The heterogeneous impact of rural residents' income growth on consumption carbon emissions: Based on the QUAIDS and EASI models","authors":"Rendong Wang , Lei Li , Chengjun Wang","doi":"10.1016/j.eap.2025.03.021","DOIUrl":"10.1016/j.eap.2025.03.021","url":null,"abstract":"<div><div>Income growth has a significant effect on the upgrading of residents' consumption structure and the generation of consumption carbon emissions (CCE). However, the effects of various income growth patterns on the consumption structure and CCE in rural China across different income levels, regions, and time periods are still not well understood. Using unbalanced provincial panel data of rural areas in China from 1999 to 2020, this study examines the effects of income growth on CCE across different periods and regions for various income groups. By employing estimated income elasticities, the study predicts the impact of different income growth patterns on CCE. A comparison of all outcomes is conducted using the Quadratic Almost Ideal Demand System (QUAIDS) and the Exact Affine Stone Index Implicit Marshallian Demand System (EASI). The results reveal significant inequalities in both income and CCE among rural residents, with increased transfer payments resulting in relatively lower carbon emissions. Furthermore, static simulations tend to overestimate CCE. Our findings suggest that implementing transfer payments to low-income rural populations and guiding all rural residents to consume low-carbon products would help mitigate the rapid increase in consumption carbon emissions among rural residents.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"86 ","pages":"Pages 245-257"},"PeriodicalIF":7.9,"publicationDate":"2025-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143687994","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