Economic Analysis and Policy最新文献_第3页

Public data openness and corporate violations: Evidence from China 公共数据开放与企业违规：来自中国的证据

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-18 DOI: 10.1016/j.eap.2025.09.018

Guangqiang Liu , Enshuai Hu , Wei Jian , Lingyao Kong

{"title":"Public data openness and corporate violations: Evidence from China","authors":"Guangqiang Liu , Enshuai Hu , Wei Jian , Lingyao Kong","doi":"10.1016/j.eap.2025.09.018","DOIUrl":"10.1016/j.eap.2025.09.018","url":null,"abstract":"<div><div>Public data openness is a key measure to advance the digital economy and offers a new approach to promoting data-driven corporate governance. Using the launch of provincial public data platforms as a quasi-natural experiment, this study employs a multi-period difference-in-differences model to empirically examine the impact of public data openness on corporate violations and the underlying mechanisms. The findings reveal that public data openness helps suppress corporate violations. The mechanism analysis indicates that public data openness achieves this through two intrinsic channels: the information effect and the enabling effect. Heterogeneity analysis shows that the suppressive effect of public data openness on corporate violations is stronger in firms located in regions with poor legal environments, strong external supervision, and high financing constraints than in their respective counterparts. This study not only extends research on the economic consequences of public data openness and the determinants of corporate violations but also provides valuable policy implications for promoting high-quality public data openness and leveraging data resources to promote healthy corporate development.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 437-451"},"PeriodicalIF":8.7,"publicationDate":"2025-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145121259","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

Local government debt expansion and enterprise total factor productivity 地方政府债务扩张与企业全要素生产率的关系

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-18 DOI: 10.1016/j.eap.2025.09.020

Yihao Zhang , Ye Xuan , Qiushuo Feng

引用次数: 0

Multidimensional risk connectedness among global systemically important financial institutions: A multilayer spillover network analysis 全球系统重要性金融机构的多维风险连通性：多层溢出网络分析

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-17 DOI: 10.1016/j.eap.2025.09.016

Ning Chen , Shaofang Li , Sihua Tian , Shuai Lu

引用次数: 0

The green shield: Intellectual property protection and corporate greenwashing in environmental, social, and governance 绿色盾牌：知识产权保护和企业在环境、社会和治理方面的“漂绿”

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-14 DOI: 10.1016/j.eap.2025.09.014

Zixuan Zhang , Shanming Jia , Pengzhen Liu , Le Liu

{"title":"The green shield: Intellectual property protection and corporate greenwashing in environmental, social, and governance","authors":"Zixuan Zhang , Shanming Jia , Pengzhen Liu , Le Liu","doi":"10.1016/j.eap.2025.09.014","DOIUrl":"10.1016/j.eap.2025.09.014","url":null,"abstract":"<div><div>Corporate greenwashing is a form of deceptive environmental behavior that can have serious negative impacts on social sustainability. Environmental regulations are unable to address the root causes of corporate greenwashing, promoting the advancement of social institutions may be a more effective solution. This paper is the first to examine the relationship between intellectual property protection (IPP) policy and corporate greenwashing behavior based on data from Chinese A-share companies from 2009 to 2021. We find that IPP significantly and robustly reduces corporate greenwashing, indicating that IPP acts as a \"green shield\". Mechanism analysis shows that strengthening internal and external supervision and increasing market competition are potential channels through which IPP suppresses corporate greenwashing. Additional analysis further supports these mechanisms. Moreover, the \"green shield\" effect of IPP is more pronounced in regions with stronger environmental law enforcement, industries with higher technological content, firms with weaker financing constraints, and companies whose management has a longer-term vision. In summary, this research expands the toolkit for governing corporate false green behavior and offers new insights for emerging economies to promote social sustainable development from the perspective of IPP.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 352-376"},"PeriodicalIF":8.7,"publicationDate":"2025-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145107020","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

How external policy shock influences domestic agricultural product prices: The case of containment policy 外部政策冲击如何影响国内农产品价格：以遏制政策为例

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-14 DOI: 10.1016/j.eap.2025.09.015

Shengqi Lyu , Lei Wang , Guoda Gu

{"title":"How external policy shock influences domestic agricultural product prices: The case of containment policy","authors":"Shengqi Lyu , Lei Wang , Guoda Gu","doi":"10.1016/j.eap.2025.09.015","DOIUrl":"10.1016/j.eap.2025.09.015","url":null,"abstract":"<div><div>Containment policies are commonly adopted by governments in response to public health emergencies, yet their spillover effects on domestic agri-food markets remain underexplored. This study investigates how external containment policies, as a form of public health response, influence domestic agricultural product prices. This study takes the COVID-19 pandemic as a case to examine both external and internal containment policies and their impact on agricultural product prices, focusing on underlying transmission mechanisms and policy effects. We employ a composite containment policy index from the OxCGRT and construct a three-dimensional panel dataset covering 95 markets in 23 countries from January 2020 to December 2021. Using a multi-way fixed effects model, we find that external containment measures significantly increase agricultural product prices. In the short term, the effects are more pronounced in importing countries, while in the long term, both importers and exporters are broadly affected. Developing countries are more vulnerable to external policy shocks, and price volatility is greater for cereals than for non-cereal products. Containment policies can influence prices through both demand- and supply-side channels, including restrictions on human mobility and disruptions to agri-food supply chains. Furthermore, well-coordinated and carefully designed policy combinations can help mitigate the negative impacts of price shocks. By situating COVID-19 within the broader context of global public health policy shocks, this study offers generalizable empirical evidence and policy insights into how external containment responses affect domestic food price stability and agri-food system resilience.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 399-421"},"PeriodicalIF":8.7,"publicationDate":"2025-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145121258","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

Multiple pathways for global value chain upgrading of China’s new energy vehicle industry: A fuzzy-set QCA approach 中国新能源汽车产业全球价值链升级的多重路径：一个模糊集QCA方法

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-14 DOI: 10.1016/j.eap.2025.09.013

Yaqin Xu , Ming Li

{"title":"Multiple pathways for global value chain upgrading of China’s new energy vehicle industry: A fuzzy-set QCA approach","authors":"Yaqin Xu , Ming Li","doi":"10.1016/j.eap.2025.09.013","DOIUrl":"10.1016/j.eap.2025.09.013","url":null,"abstract":"<div><div>This study employs fuzzy-set qualitative comparative analysis to examine the configurational effects of national industrial competitive advantage factors on the global value chain upgrading of China’s new energy vehicle industry. The analysis is based on a sample of 66 Chinese new energy vehicle companies spanning the period from 2000 to 2016. The findings reveal that: First, none of the individual factors of national industrial competitive advantage constitutes a necessary condition for the upgrading of the new energy vehicle industry in the global value chain. Second, the configuration of factor conditions, demand conditions, related and supporting industries, domestic rivalry, and government support constitutes diversified pathways for the upgrading of China’s new energy vehicle industry within the global value chain. This study identifies three typical upgrading pathways, which are “competition-driven”, “factor-policy synergy”, and “market-oriented”. Finally, domestic rivalry is an important external driving force for the Chinese new energy vehicle industry’s rise in the global value chain, while factor conditions are key internal driving factors in this process. Overall, this research is of considerable importance for advancing industrial chain modernization and promoting global value chain upgrading in strategic emerging industries.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 600-610"},"PeriodicalIF":8.7,"publicationDate":"2025-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145220992","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 role of technological change in the evolution of the employment to output elasticity 技术变革在就业对产出弹性演化中的作用

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-13 DOI: 10.1016/j.eap.2025.08.027

Pablo Egana-delSol , Alejandro Micco

引用次数: 0

TFP and global growth: Shaping cross-country income inequality, 1960–2019 全要素生产率与全球增长：塑造跨国收入不平等，1960-2019

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-13 DOI: 10.1016/j.eap.2025.08.039

Fernando del Río, Francisco-Xavier Lores

{"title":"TFP and global growth: Shaping cross-country income inequality, 1960–2019","authors":"Fernando del Río, Francisco-Xavier Lores","doi":"10.1016/j.eap.2025.08.039","DOIUrl":"10.1016/j.eap.2025.08.039","url":null,"abstract":"<div><div>This study examines global economic growth and cross-country income inequality from 1960 to 2019 using a stochastic dynamic general equilibrium model. Total factor productivity (<span>tfp</span>), captured through the efficiency wedge, primarily drives global output growth and shapes income disparities. Distortions in capital and labour markets — represented by the investment and labour wedges — play secondary, context-specific roles, notably reducing growth in middle-income countries. Two major waves of global growth — post-war industrialization and globalizationdriven technological diffusion — can explain <span>tfp</span> predominance. Cluster analysis confirms the central role of <span>tfp</span> in both growth miracles and failures. Global shocks like the 1973 oil crisis and 2008 recession slowed growth, particularly in high-income countries, narrowing cross-country income disparities. Since the 2000s, <span>tfp</span> gains in emerging economies reduced inequality. These findings highlight the theoretical and policy relevance of <span>tfp</span>-centred growth models and the importance of policies promoting trade openness, institutional quality, and innovation to enhance <span>tfp</span> and foster inclusive growth and convergence.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 191-213"},"PeriodicalIF":8.7,"publicationDate":"2025-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145107065","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

Digital infrastructure’s environmental Paradox? Evidence from China’s national big data comprehensive pilot zones 数字基础设施的环境悖论？来自中国国家大数据综合试验区的证据

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-12 DOI: 10.1016/j.eap.2025.09.011

Wenchao Wang , Yang Liu , Xiucheng Dong

{"title":"Digital infrastructure’s environmental Paradox? Evidence from China’s national big data comprehensive pilot zones","authors":"Wenchao Wang , Yang Liu , Xiucheng Dong","doi":"10.1016/j.eap.2025.09.011","DOIUrl":"10.1016/j.eap.2025.09.011","url":null,"abstract":"<div><div>The rapid advancement of digital infrastructure, exemplified by big data centers, has driven high-quality economic growth, yet the emissions generated during their construction and operation render their impact on urban environmental quality uncertain. Utilizing panel data from 273 Chinese prefecture-level cities between 2011 and 2022, this study leverages the establishment of the National Big Data Comprehensive Pilot Zones (BDCPZ) as a quasi-natural experiment and employs a difference-in-differences (DID) model to explore the impact of BDCPZ implementation on urban environmental quality. The results indicate that the establishment of BDCPZ significantly enhances urban environmental quality, with pronounced effects in eastern regions, large cities, and resource-intensive cities. Key drivers are green innovation, energy consumption, human capital development, and strengthened environmental regulations. Moreover, it shows positive spatial spillovers, benefiting neighboring cities. Notably, considerable emissions are generated during the construction and operation of digital infrastructure, but the long-term net effect of BDCPZ remains positive on urban environmental quality. Policy implications underscore the need to promote site-specific BDCPZ construction and minimize emissions during its construction and operation.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"88 ","pages":"Pages 281-307"},"PeriodicalIF":8.7,"publicationDate":"2025-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145107067","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

How CEO social capital affects corporate ESG performance? evidence from China CEO社会资本如何影响企业ESG绩效？来自中国的证据

IF 8.7 2区经济学

Economic Analysis and Policy Pub Date : 2025-09-11 DOI: 10.1016/j.eap.2025.09.010

Wenbing Luo , Shuting Lei , Mingjun Deng

引用次数: 0