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  Subjects -> BUSINESS AND ECONOMICS (Total: 3104 journals)
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BUSINESS AND ECONOMICS (1148 journals)                  1 2 3 4 5 6 | Last

Showing 1 - 200 of 1566 Journals sorted alphabetically
4OR: A Quarterly Journal of Operations Research     Hybrid Journal   (Followers: 9)
Abacus     Hybrid Journal   (Followers: 12)
Accounting Forum     Hybrid Journal   (Followers: 23)
Acta Amazonica     Open Access   (Followers: 3)
Acta Commercii     Open Access   (Followers: 2)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 4)
Acta Universitatis Danubius. Œconomica     Open Access  
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 3)
AD-minister     Open Access   (Followers: 2)
ADR Bulletin     Open Access   (Followers: 5)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 21)
Advances in Economics and Business     Open Access   (Followers: 12)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 59)
African Development Review     Hybrid Journal   (Followers: 35)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 1)
African Journal of Business Ethics     Open Access   (Followers: 7)
African Review of Economics and Finance     Open Access   (Followers: 3)
Afro-Asian Journal of Finance and Accounting     Hybrid Journal   (Followers: 7)
Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi     Open Access   (Followers: 3)
Agronomy     Open Access   (Followers: 11)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 4)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 4)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 133)
American Journal of Business     Hybrid Journal   (Followers: 15)
American Journal of Business and Management     Open Access   (Followers: 51)
American Journal of Business Education     Open Access   (Followers: 10)
American Journal of Economics and Business Administration     Open Access   (Followers: 25)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 27)
American Journal of Evaluation     Hybrid Journal   (Followers: 13)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 19)
American Journal of Health Economics     Full-text available via subscription   (Followers: 13)
American Journal of Industrial and Business Management     Open Access   (Followers: 23)
American Journal of Medical Quality     Hybrid Journal   (Followers: 7)
American Law and Economics Review     Hybrid Journal   (Followers: 27)
ANALES de la Universidad Central del Ecuador     Open Access   (Followers: 1)
Annales de l'Institut Henri Poincare (C) Non Linear Analysis     Full-text available via subscription   (Followers: 1)
Annals in Social Responsibility     Full-text available via subscription  
Annals of Finance     Hybrid Journal   (Followers: 28)
Annals of Operations Research     Hybrid Journal   (Followers: 8)
Annual Review of Economics     Full-text available via subscription   (Followers: 30)
Applied Developmental Science     Hybrid Journal   (Followers: 3)
Applied Economics     Hybrid Journal   (Followers: 46)
Applied Economics Letters     Hybrid Journal   (Followers: 29)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 10)
Applied Financial Economics     Hybrid Journal   (Followers: 24)
Applied Mathematical Finance     Hybrid Journal   (Followers: 7)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 5)
Arab Economic and Business Journal     Open Access   (Followers: 3)
Archives of Business Research     Open Access   (Followers: 5)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 2)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 5)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 317)
Asia Pacific Viewpoint     Hybrid Journal  
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 3)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asia-Pacific Management and Business Application     Open Access  
Asian Business Review     Open Access   (Followers: 2)
Asian Case Research Journal     Hybrid Journal   (Followers: 1)
Asian Development Review     Open Access   (Followers: 13)
Asian Economic Journal     Hybrid Journal   (Followers: 8)
Asian Economic Papers     Hybrid Journal   (Followers: 7)
Asian Economic Policy Review     Hybrid Journal   (Followers: 4)
Asian Journal of Accounting and Governance     Open Access   (Followers: 4)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 7)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Sustainability and Social Responsibility     Open Access  
Asian Journal of Technology Innovation     Hybrid Journal   (Followers: 8)
Asian-pacific Economic Literature     Hybrid Journal   (Followers: 5)
AStA Wirtschafts- und Sozialstatistisches Archiv     Hybrid Journal   (Followers: 5)
Atlantic Economic Journal     Hybrid Journal   (Followers: 15)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 2)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 23)
Australian Economic Review     Hybrid Journal   (Followers: 6)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 10)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 1)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 4)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 11)
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 4)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Intermediate Goods Industries Survey     Full-text available via subscription   (Followers: 1)
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Motor Trade Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 2)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Survey of Business Conditions in Retail : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Trends : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Wholesale Sector Survey     Full-text available via subscription   (Followers: 1)
Berkeley Business Law Journal     Free   (Followers: 10)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 2)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 32)
Brookings Papers on Economic Activity     Open Access   (Followers: 48)
Brookings Trade Forum     Full-text available via subscription   (Followers: 3)
BRQ Business Research Quarterly     Open Access   (Followers: 2)
Building Sustainable Legacies : The New Frontier Of Societal Value Co-Creation     Full-text available via subscription   (Followers: 1)
Bulletin of Economic Research     Hybrid Journal   (Followers: 17)
Bulletin of Geography. Socio-economic Series     Open Access   (Followers: 7)
Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
Business & Entrepreneurship Journal     Open Access   (Followers: 17)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 5)
Business & Society     Hybrid Journal   (Followers: 9)
Business : Theory and Practice / Verslas : Teorija ir Praktika     Open Access   (Followers: 1)
Business and Economic Research     Open Access   (Followers: 6)
Business and Management Horizons     Open Access   (Followers: 12)
Business and Management Research     Open Access   (Followers: 17)
Business and Management Studies     Open Access   (Followers: 9)
Business and Politics     Hybrid Journal   (Followers: 6)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 6)
Business Ethics: A European Review     Hybrid Journal   (Followers: 16)
Business Horizons     Hybrid Journal   (Followers: 8)
Business Information Review     Hybrid Journal   (Followers: 13)
Business Management and Strategy     Open Access   (Followers: 40)
Business Research     Hybrid Journal   (Followers: 2)
Business Strategy and the Environment     Hybrid Journal   (Followers: 12)
Business Strategy Review     Hybrid Journal   (Followers: 7)
Business Strategy Series     Hybrid Journal   (Followers: 6)
Business Systems & Economics     Open Access   (Followers: 2)
Business Systems Research Journal     Open Access   (Followers: 5)
Business, Management and Education     Open Access   (Followers: 17)
Business, Peace and Sustainable Development     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal   (Followers: 1)
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 56)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 11)
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration     Hybrid Journal   (Followers: 1)
Canadian Journal of Economics/Revue Canadienne d`Economique     Hybrid Journal   (Followers: 27)
Canadian journal of nonprofit and social economy research     Open Access   (Followers: 2)
Capitalism and Society     Hybrid Journal   (Followers: 2)
Capitalism Nature Socialism     Hybrid Journal   (Followers: 11)
Case Studies in Business and Management     Open Access   (Followers: 8)
CBU International Conference Proceedings     Open Access   (Followers: 1)
Central European Business Review     Open Access   (Followers: 1)
Central European Journal of Operations Research     Hybrid Journal   (Followers: 5)
Central European Journal of Public Policy     Open Access   (Followers: 2)
CESifo Economic Studies     Hybrid Journal   (Followers: 17)
Chain Reaction     Full-text available via subscription  
Challenge     Full-text available via subscription   (Followers: 4)
China & World Economy     Hybrid Journal   (Followers: 15)
China : An International Journal     Full-text available via subscription   (Followers: 16)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 11)
China Economic Review     Hybrid Journal   (Followers: 10)
China Finance Review International     Hybrid Journal   (Followers: 5)
China Nonprofit Review     Hybrid Journal   (Followers: 3)
China perspectives     Open Access   (Followers: 11)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 2)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 24)
Compensation & Benefits Review     Hybrid Journal   (Followers: 6)
Competition & Change     Hybrid Journal   (Followers: 10)
Competitive Intelligence Review     Hybrid Journal   (Followers: 2)
Competitiveness Review : An International Business Journal incorporating Journal of Global Competitiveness     Hybrid Journal   (Followers: 5)
Computational Economics     Hybrid Journal   (Followers: 9)
Computational Mathematics and Modeling     Hybrid Journal   (Followers: 8)
Computer Law & Security Review     Hybrid Journal   (Followers: 15)
Computers & Operations Research     Hybrid Journal   (Followers: 10)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 6)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 5)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 4)
Creative and Knowledge Society     Open Access   (Followers: 10)
Creative Industries Journal     Hybrid Journal   (Followers: 9)
CRIS - Bulletin of the Centre for Research and Interdisciplinary Study     Open Access   (Followers: 1)
Crossing the Border : International Journal of Interdisciplinary Studies     Open Access   (Followers: 4)
Cuadernos de Administración (Universidad del Valle)     Open Access   (Followers: 1)
Cuadernos de Economía     Open Access   (Followers: 1)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 1)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 1)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 8)
De Economist     Hybrid Journal   (Followers: 12)
Decision Analysis     Full-text available via subscription   (Followers: 8)
Decision Sciences     Hybrid Journal   (Followers: 15)
Decision Support Systems     Hybrid Journal   (Followers: 15)
Defence and Peace Economics     Hybrid Journal   (Followers: 16)
der markt     Hybrid Journal   (Followers: 1)
Desenvolvimento em Questão     Open Access  
Development     Full-text available via subscription   (Followers: 23)

        1 2 3 4 5 6 | Last

Journal Cover China Economic Review
  [SJR: 0.997]   [H-I: 46]   [10 followers]  Follow
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 1043-951X
   Published by Elsevier Homepage  [3042 journals]
  • Trade openness and air pollution: City-level empirical evidence from China
    • Abstract: Publication date: Available online 1 July 2017
      Source:China Economic Review
      Author(s): Faqin Lin
      We seek to contribute to the debate over trade openness and the environment by taking specific account of the endogeneity of trade openness. We use exogenous geographic determinants of trade as instrumental variables as well as distance to Huai River for identification which is based on China's heating policy. Using air quality measure from NASA, we find that trade increases three measures of air pollution: SO2, NO2, and Aerosol concentration.

      PubDate: 2017-07-03T10:39:09Z
  • Do bigger and older firms learn more from exporting' — Evidence
           from China
    • Abstract: Publication date: Available online 20 June 2017
      Source:China Economic Review
      Author(s): Bih Jane Liu
      The literature has extensively discussed whether firms benefit from exporting (referred to as the learning-by-exporting (LBE) effect), but the empirical evidence is inconclusive. This paper draws on firm experience (age) to explain this question by using Chinese firm-level data for the period 1998–2007 to examine whether younger firms learn more from exporting than older firms. Employing propensity score matching and the difference-in-difference approach, we show significant LBE effects for older firms, especially those engaging in R&D activities, having large-scale production, and under private ownership. However, the yearly or cumulative LBE effects are either insignificant or rather limited for younger firms regardless of their R&D status and firm size.

      PubDate: 2017-06-22T13:09:42Z
  • What is China seeking from Africa' An analysis of the economic and
           political determinants of Chinese Outward Foreign Direct Investment based
           on Stochastic Frontier Models
    • Abstract: Publication date: Available online 17 June 2017
      Source:China Economic Review
      Author(s): Paulo Reis Mourao
      Chinese investment in the African continent is rapidly spreading. Unlike the Maoist proselytism that defined past diplomatic relations between China and a few African countries, the current distribution of current Chinese Foreign Direct Investment has economic motivations. However, our study also found that Chinese investors are attracted to the political and institutional particularities of each African country. Using Stochastic Frontier Models, it has been concluded that dynamic national markets with a large population and significant forest area are the most preferred for the allocation of Chinese Foreign Direct Investment in 48 African countries between 2003 and 2010. According to our results, the efficiency of this allocation can be maximized by increased political stability and regulatory quality, with government effectiveness being an additional factor required for this efficiency.

      PubDate: 2017-06-22T13:09:42Z
  • No longer left-behind: The impact of return migrant parents on children's
    • Abstract: Publication date: Available online 15 June 2017
      Source:China Economic Review
      Author(s): Zhiqiang Liu, Li Yu, Xiang Zheng
      Using data from a rural household survey in China in 2009, we examine the impact of parental migration on children's educational outcomes. Consistent with the findings of a large empirical literature, we find that parental migration has a significantly negative impact on left-behind children's educational outcomes as measured by test scores in Chinese and math. But unlike much of the existing studies on the subject, we focus on the remediation effect of return migrant parents on once left-behind children's performance. This empirical strategy allows us to avoid the endogeneity issue concerning the migration decision that may have contaminated previous studies. We find evidence that return migrant parents help alleviate the harms caused by parental migration, and the remediation effect is stronger for children attending middle schools, and stronger for daughters. We also find suggestive evidence that return migrant parents improve children's performance through increases in after-school study time and education-related expenditures, following the return of migrant parents.

      PubDate: 2017-06-16T21:04:55Z
  • Inside front cover: Editorial Board
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44

      PubDate: 2017-06-11T20:56:55Z
  • School starting age and academic achievement: Evidence from China's junior
           high schools
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Shiying Zhang, Ruoyu Zhong, Junchao Zhang
      This paper examines the effect of school starting age on the academic achievement of junior high school students using the newly available data from the China Education Panel Survey. Regression discontinuity design estimation based on an exogenous entrance cutoff date indicates that a one-year delay is associated with a 0.303 decrease in standard deviations of cognitive scores. However, this negative effect is caused by human capital accumulation prior to primary school entry.

      PubDate: 2017-06-11T20:56:55Z
  • How much slack was there in the Chinese economy prior to its economic
           reform of 1978?
    • Abstract: Publication date: Available online 11 June 2017
      Source:China Economic Review
      Author(s): Lawrence J. Lau, Huanhuan Zheng
      The existence of economic slack or inefficiency is a common phenomenon of economies that operate under mandatory central planning. It implies that the economy operates in the interior of its set of production possibilities and not on its frontier. It also implies that output can be increased without any increase in the inputs if the constraints which prevent the economy from operating on the frontier in the first place are removed. Thus, there is “surplus potential output” that is not directly observable and cannot be identified by conventional analysis of the relationship between inputs and output alone. The objective of this study is to attempt to identify and estimate the surplus potential output in the Chinese economy prior to its economic reform in 1978. This will help answer the question of how much of the Chinese economic growth since 1978 can be attributed to the reduction and elimination of the pre-existing economic slack. This question is important because the increase in output due to the reduction or elimination of the economic slack can only take effect once and cannot be continuing. It will also affect the attribution of the sources of Chinese economic growth. Our investigation suggests that a reasonable estimate of the magnitude of the surplus potential output of the Chinese economy on the eve of its reform is approximately 50% of the actual realized output in 1978.

      PubDate: 2017-06-11T20:56:55Z
  • Can land transfer through land cooperatives foster off-farm employment in
    • Abstract: Publication date: Available online 7 June 2017
      Source:China Economic Review
      Author(s): Ziming Liu, Jens Rommel, Shuyi Feng, Markus Hanisch
      Functioning land markets are necessary for an increase in off-farm employment. However, there is limited empirical evidence on the impact of land transfer on off-farm employment in rural China. This paper investigates the drivers of households' cooperative membership, which is equivalent to transferring land through land cooperatives, and its impact on off-farm employment. Using a two-step control function approach and data from Suzhou and Yangzhou (Jiangsu province), we do not find a general effect of cooperative membership on household heads' current off-farm employment, though the effect is large for households which had surplus agricultural labor before cooperative initiation. The effect is also positive and large for household heads without off-farm experience and households located in Yangzhou. Policy-makers should be aware of the distributional consequences of these heterogeneous effects.

      PubDate: 2017-06-11T20:56:55Z
  • The impact of Province-Managing-County fiscal reform on primary education
           in China
    • Abstract: Publication date: Available online 7 June 2017
      Source:China Economic Review
      Author(s): Bin Huang, Mengmeng Gao, Caiqun Xu, Yu Zhu
      Using longitudinal Chinese county-level data from 2005 to 2007, we examine the causal effect of the Province-Managing-County fiscal reform on primary education spending by combining propensity score matching with the difference-in-difference method and allowing for the concurrent County Strengthening and Power Expansion reform. While the fiscal reform significantly increases per pupil expenditure on elementary education, there is little evidence showing that this fiscal reform narrows the urban-rural expenditure gap within counties. This Province-Managing-County reform, on the other hand, aggravates regional educational spending disparity in elementary schools based on the observation that the reform has caused a higher increase of per pupil educational spending in the affluent Eastern Region than the increase in Central and West China.

      PubDate: 2017-06-11T20:56:55Z
  • The value of Chinese patents: An empirical investigation of citation lags
    • Abstract: Publication date: Available online 26 May 2017
      Source:China Economic Review
      Author(s): Christian Fisch, Philipp Sandner, Lukas Regner
      China has been experiencing a substantial growth in patent applications. But is this increase accompanied by a similar increase in patent value? To assess this question, we examine the citation lag of Chinese patents as a proxy of patent value in comparison with patents from the US, Europe, Japan, and Korea. Our empirical analysis comprises a unique data set of 60,000 patents with priority years between 2000 and 2010. Utilizing Cox regressions, our results show that Chinese patents suffer from a large citation lag in comparison to international patents, indicating a lower value. This is especially true for patents filed domestically. However, we find empirical support for an increasing patent value in more recent patents. China shows a strong dynamic in the field of patenting and our results suggest that the gap between Chinese patents and international patents might narrow down in the near future.

      PubDate: 2017-05-27T21:01:41Z
  • Demand for MOOC - an application of Big Data
    • Abstract: Publication date: Available online 17 May 2017
      Source:China Economic Review
      Author(s): Tingting Tong, Haizheng Li
      We evaluate factors affecting the demand for MOOC by estimating its demand function in OECD countries and in China. We apply a Big Data approach to construct a proxy for MOOC demand using Google Trends for OECD and Baidu Index for China. Based on estimation results of various panel data models, we find that in both cases, higher unemployment promotes MOOC demand. However, in OECD countries, the proportion of individuals with high school level or higher education have positive and significant effects on MOOC demand, while in China, we observe positive and significant effects from internet speed and average income.

      PubDate: 2017-05-17T19:39:47Z
  • Property rights security and firm survival: Micro-data evidence from China
    • Abstract: Publication date: Available online 16 May 2017
      Source:China Economic Review
      Author(s): Qiong Zhang, Yupeng Shi, Angda He, Xueting Wen
      The security of property rights has been found to play important roles in various aspects of firm behaviors. However, its effects on firm survival have been largely neglected in previous research. Using annual data of Chinese manufacturing firms over the period 1998–2008, we analyze the link between property rights security and firms' survival probabilities, differentiating firms into stated-owned enterprises (SOEs) and non-SOEs, and considering whether the linkage evolves over time. Examining a wide range of specifications, we find that the protection of property rights, by limiting government intervention and promulgating laws and rules, is crucial for firm survival. Moreover, better security of property rights benefits non-SOEs more. We also find that the beneficial effects of secure property rights on firm survival are more pronounced for years after 2003 when China speeded up deregulation to comply with its WTO commitments and reform target to establish a modern system of property rights than for years before 2002.

      PubDate: 2017-05-17T19:39:47Z
  • The medium-run effect of China's higher education expansion on the
           unemployment of college graduates
    • Abstract: Publication date: Available online 12 May 2017
      Source:China Economic Review
      Author(s): Chunbing Xing, Peng Yang, Zhilong Li
      China's unemployment rate for new college graduates has increased significantly in recent years, and many people attribute this increase to the higher education expansion policy. In this paper, we use three nationally representative data sets for 2000, 2005, and 2010 to investigate the short and medium term effects of the expansion policy on the unemployment of college graduates. Treating higher education expansion as an exogenous shock and using a difference-in-difference (DID) strategy, we find that this policy increased the unemployment rate of new college graduates in the short run, but the unemployment rate kept declining and the dis-employment effect mostly disappeared after five years. We also find some heterogeneous effects by gender, region, and city.

      PubDate: 2017-05-12T19:05:21Z
  • How to identify poor immigrants? - An empirical study of the Three
           Gorges Reservoir in China
    • Abstract: Publication date: Available online 8 May 2017
      Source:China Economic Review
      Author(s): Yue Liu, Chuanmin Shuai, Huimin Zhou
      This paper aims to study on the precise identification and targeting of immigrant poverty in the TGRR, with a multi-dimensional poverty line as a standard, which has transcended the traditional income poverty line. Then, we figured out the changing trend and the causes of immigrant poverty under the perspective of multidimensional poverty. Based on the dual cutoff method and regression analysis, the study results show that the discrepancy of poverty before and after immigration is significant, but the poverty problem of immigrants in the TGRR is still serious. The current multi-poverty incidence of immigrants is 30.15%, which means that there are still 2.3097 million people under poverty. The major causes of poverty in this region are poverty in assets, poverty in education and poverty in health. The poverty contribution rate of land scarcity has increased from 12.16% to 29.52% with the deterioration of land loss, which has a negative effect on immigrants' livelihood. The results reveal several outstanding poverty problems in this region: the coverage of social security of immigrants is far from ideal; There are still 12.75% of the impoverished immigrants without medical insurance and 11.36% without pension insurance; the percentage of female laborers, the education level of laborers, the percentage of agricultural expenditure and the percentage of medical expenditure have significant correlations with immigrants' poverty in this region. The paper argues that the precise identification and targeting of poverty reduction in China should be undertaken from a multidimensional perspective.

      PubDate: 2017-05-12T19:05:21Z
  • The effects of formal and informal child care on the Mother's labor
           supply—Evidence from urban China
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Yunrong Li
      The women's labor force participation rate in China has declined considerably during the last twenty years in urban China. Since the reforms started in the mid-1990s, publicly subsidized child care programs have decreased, and private care centers have increased. This might have increased the reliance of working mothers on informal child care and reduced their reliance on formal child care. Using post-reform data from the Project on Rural–Urban Migration in China (RUMiC) of 2008, I estimate the effects of formal and informal child care on the labor supply of mothers of young children. A recursive model with instrumental variables is employed to account for endogeneity. I find a positive and significant impact of informal child care in the form of grandchild care on the mother's labor force participation, while no significant effect of formal child care in the form of kindergartens or paid nannies. Considering recent tendencies in China to postpone retirement, one possible method to maintain mothers' presence in the labor market could be to reinforce the availability and affordability of formal child care. 2 2 Abbreviations: RUMiC: Project on Rural-Urban Migration in China. LFP: labor force participation. NBS: China National Bureau of Statistics. cmp: conditional mixed process. 3 3 Funding: this work was supported by the National Social Science Foundation of China (grant number 15CJY017). The opinions and conclusions expressed herein are solely those of the author and should not be construed as representing the opinions or policies of the foundation or the government.

      PubDate: 2017-05-07T18:24:56Z
  • The income-body-size gradient among Chinese urban adults: A semiparametric
    • Abstract: Publication date: Available online 5 May 2017
      Source:China Economic Review
      Author(s): Matthieu Clement
      The literature has emphasized the existence of a transition in the SES-obesity gradient when a country moves from low-income status to high-income status. As a middle-income country experiencing strong socio-economic changes, China provides a relevant case study. This article forms part of the literature on the impact of SES on body size and aims to clarify and update information about the relationship between income (one specific dimension of SES) and adult body size in urban China. To analyze this potentially complex relationship, we rely on semiparametric methods that enable us to leave the nature of the association between income and body size unspecified in the regression analysis. Empirical investigations conducted as part of this research are based on longitudinal data from the China Health and Nutrition Survey covering the period 1991–2011. Our results show that the income-body size relationship remains complex, gender-specific and very non-linear in urban China. We also provide evidence of the reversal of the income-body-size gradient, a reversal that is observed only for women for the period under study. Finally, we emphasize the specific features of the gradient for the two tails of the income distribution which could indicate that local deviations from the near-universal reversal path are possible.

      PubDate: 2017-05-07T18:24:56Z
  • Government intervention in the capital allocation process: Excess
           employment as an IPO selection rule in China
    • Abstract: Publication date: Available online 4 May 2017
      Source:China Economic Review
      Author(s): Anders C. Johansson, Danglun Luo, Johanna Rickne, Wei Zheng
      We study the role of excessive employment as a selection criterion for initial public offerings (IPOs) in China. Using a large dataset of firms that are eligible for a public offering, we find that firms' that have more excess employment – that is, firms that hire too many people – are more likely to be selected for an IPO. This correlation is stronger for the private sector than for the state sector, suggesting that stock market capital is used to direct capital flows to private firms that comply with politicians' preferred labor practices. A third set of results corroborates the inefficiency of this selection rule by showing that firms with more excess labor underperform after the IPO. We conclude that a political system known for its interventionistic government policies uses its influence over the stock market to signal preferred employment practices.

      PubDate: 2017-05-07T18:24:56Z
  • Trends in elderly health by cohort: Evidence from China
    • Abstract: Publication date: Available online 2 May 2017
      Source:China Economic Review
      Author(s): Yangyang Yu, Frank A. Sloan
      China has the world's largest number of older persons and is undergoing rapid demographic and economic transitions. Using longitudinal data from seven waves of the China Health and Nutrition Survey (CHNS) spanning 1991–2009, this study examines trends by birth cohort for persons born during 1912–54 on several dimensions of elderly health—chronic diseases, physical function limitations, and excess weight. A fixed effects specification was used to distinguish trends in health, physical function, and weight common to all adult age groups and differential trends in these measures according to the person's birth year. The empirical results show that while there was a decline in physical function limitations over time, earlier-born elderly cohorts experienced no reduction in physical function limitations. A similar pattern occurred for stroke, but not for the other heath indicators. These findings are robust after accounting for sample attrition. The secular changes in health and function could have occurred for several reasons. Among the underlying mechanisms the data allow us to analyze, improved access to medical care and expanded health insurance coverage only had minor effects on observed changes in health and physical function.

      PubDate: 2017-05-07T18:24:56Z
  • Urban pollution and road infrastructure: A case study of China
    • Abstract: Publication date: Available online 1 May 2017
      Source:China Economic Review
      Author(s): Zhi Luo, Guanghua Wan, Chen Wang, Xun Zhang
      Urban road infrastructure is crucial in affecting air pollution. Yet, little is known about the roles played by road width vs road length. This paper attempts to fill this gap by estimating the effects of road infrastructure on PM10 using city-level data from China. Our robust modeling results show that the road density index, defined as the ratio of road surface area to city territory size, is negatively correlated with PM10. More importantly, when the road width and length components of the road density variable are separately included in the regression models, the width is found to be significantly and negatively correlated with PM10, whereas the correlation with the length variable is insignificant. This is expected as increases in road width can help mitigate congestion, improve fuel efficiency, and thus reduce emissions. On the contrary, extending roads to new or unconnected areas is likely to bring more vehicles onto the roads and extend average driving time. Our findings appeal for careful consideration of the trade-off between road width (lane numbers) and road length when planning and constructing urban road infrastructure.

      PubDate: 2017-05-02T14:21:56Z
  • Unequal school enrollment rights, rent yields gap, and increased
           inequality: The case of Shanghai
    • Abstract: Publication date: Available online 27 April 2017
      Source:China Economic Review
      Author(s): Muyang Zhang, Jie Chen
      This paper first builds a simple theoretic model to explore how a special feature of enrollment policy of public primary schools in urban China, the unequal enrollment right between home owners and tenants, would produce rent-yields gap between different housings. The model also predicts that an enrollment policy featuring with tenant discrimination, accompanying with strict credit constraint, would reduce the chance of kids from middle-income families to attend better public schools while allow families with high initial wealth to access better high-quality public education at a lower cost. Using a hedonic pricing model, we find that, in Shanghai, rental yields of housings in neighborhoods associated with reputed public primary schools is on average 0.1–0.35 percentage-point lower than those associated with ordinary ones. We also explore how the rent-yields-gap varies across housing types, locations and changes over time. Nonetheless, our simulation computation suggests that the estimated opportunity cost of holding such schools in Shanghai is generally not a big amount and affordable for many families. Overall, the high entry costs of owing a housing is the major obstacle to access high-quality public primary education in urban China. These findings highlight how an education policy with features of inequality may contribute to education and residential segregation, and then reduce intergenerational mobility.

      PubDate: 2017-05-02T14:21:56Z
  • The direct and indirect effects of infrastructure on firm productivity:
           Evidence from Chinese manufacturing
    • Abstract: Publication date: Available online 27 April 2017
      Source:China Economic Review
      Author(s): Guanghua Wan, Yan Zhang
      This paper attempts to distinguish and estimate the direct and indirect effects of infrastructure on firm productivity. The latter arises from the infrastructure-agglomeration link and has been largely overlooked in the literature on infrastructure. An analytical framework is then proposed to estimate both effects. Finally, empirical results are obtained using large-scale firm-level survey data from China. Major findings include: (1) all the three kinds of infrastructure–road, telecommunication servers and cable–are found to directly promote firm productivity; (2) they also exert a positive indirect effect on firm productivity through the agglomeration channel; and (3) the empirical results are robust to different agglomeration indicators and different subsamples.

      PubDate: 2017-05-02T14:21:56Z
  • Picking ‘winners' in China: Do subsidies matter for indigenous
           innovation and firm productivity?
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Anthony Howell
      This paper examines the effects of public subsidies across several dimensions of the innovation process and the implications for productivity. As an identification strategy, panel data is used to estimate a structural innovation model that controls for unobserved heterogeneity combined with matching techniques that help ensure comparability between subsidized and non-subsidized firms. The findings reveal that public subsidies reduce firms' economic performance in lower and higher technology industries despite promoting indigenous innovation in the higher technology industries. Policymakers may tolerate lower average efficiency if they expect that some of the state-backed firms will go on to become innovators that go on to generate significantly large social welfare payoffs. Although the findings do not support such an expectation, thus bringing into question whether the social payoff from China's so-called picking ‘winners' strategy justifies the cost.

      PubDate: 2017-04-25T11:09:29Z
  • Does wage justice hamper creativity? Pay gap and firm innovation in
    • Abstract: Publication date: Available online 20 April 2017
      Source:China Economic Review
      Author(s): Mingli Xu, Gaowen Kong, Dongmin Kong
      Although the pay gap between executives and employees has received considerable attention, its economic consequences remain unclear due to the unavailability of data. In this study, we examine the effects of the pay gap on firm innovation by using data from Chinese listed firms. We show that: 1) the first-order effect of pay gap on firm innovation is significantly positive, supporting the tournament theory; 2) however, when pay gap is relatively high, the importance of comparison theories increases; 3) high management pay premiums provide incentives for management to devote to innovation activities, while pay premiums for ordinary employees impede firm innovation; and 4) both the employee's human capital and state ownership play significant roles in the negative effects of employee pay premiums on firm innovation. Overall, we provide critical insights and a serious challenge for regulators in China. The policy implications of this study could be of interest to regulators who intend to encourage firm innovation.

      PubDate: 2017-04-25T11:09:29Z
  • Introduction to the Special Issue of the 30th CES Annual Conference Held
           in 13–14, June 2015 at Chongqing University, China
    • Abstract: Publication date: Available online 5 April 2017
      Source:China Economic Review
      Author(s): Shujie Yao

      PubDate: 2017-04-11T11:12:33Z
  • Industry specific effects on innovation performance in China
    • Abstract: Publication date: Available online 30 March 2017
      Source:China Economic Review
      Author(s): JianCheng Guan, Lanxin Pang
      This research aims to understand how industrial characteristics in Chinese industrial sectors are related to and affect innovation activities. Using Heckman's two-step procedure, this study contributes to examine firms' innovation determinants with a framework that clearly distinguishes between the two steps of innovation model: innovation propensity (probability of being innovative) and innovation performance (patents and innovation sales). In particular, the moderating effects of industrial characteristics on the relationships between R&D intensity, financial incentives and innovation performance are discussed. The findings show that different industrial characteristics generate different impacts on innovation propensity and innovation performance. Firms in capital intensive industries and relative monopoly industries are more likely to innovate. The findings also show that Direct Government Subsidy does not contribute significantly to improve economical innovation performance of firms and Indirect Government Subsidy on innovative economic performance is easier to be influenced by industry characteristics, which have important potential policy implications to guide innovation activities for Chinese policy makers as well as for Chinese firms.

      PubDate: 2017-04-03T16:31:31Z
  • Opportunity or new poverty trap: Rural-urban education disparity and
           internal migration in China
    • Abstract: Publication date: Available online 29 March 2017
      Source:China Economic Review
      Author(s): Zhang Huafeng
      Despite its rapid economic growth, China has never managed to reduce its rural-urban divide with its reforms and marketization of the economy. The huge gap between urban and rural education is embedded in the disparity in educational investment, children's educational attainment, school quality and the returns to education. Migrant children move with their parents to urban cities to pursue a better education. However, the Chinese household registration system (hukou system) limits migrant children's rights and access to basic education in the cities. Will migrant children benefit from a better-quality education in the cities, or will they continue to be constrained by their hukou registration? Will the large-scale internal rural-urban migration provide the opportunity to reduce rural-urban education inequality in China, or will it merely create a new education-poverty trap? Based on publicly available large-scale survey data (RUMiC), this paper applies logistic regression and survival analysis to illustrate the new education-poverty trap imposed on migrant children by the institutional constraints and hierarchies in children's education, created by the Chinese household registration system in Chinese cities.

      PubDate: 2017-04-03T16:31:31Z
  • Policy effect on structural change: A case of Chinese intermediate goods
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Yanghua Huang, Nimesh Salike, Feiteng Zhong
      We explain the dynamics of China's intra industry trade (IIT) development spanning over three decades from the perspective of institutional changes. We present two hypotheses after reviewing series of policy documents and related organizational adjustment descriptions. First, we argue that China's pro-liberal reform in trade and FDI institutions helped trade to take off. Second, China is ambitious in acquiring advanced technology and building up a sophisticated system to promote technological capability. An analysis of Grubel and Lloyd IIT index on intermediate goods trade belonging to SITC 7 and SITC 8- the key components of regional value chain in East Asia- suggests that the structural changes taking place in China's intermediate goods trade are in agreement with the stated hypotheses. China's institutional arrangements also help to explain the factor behind China's success in becoming a major player in the regional production network in East Asia.

      PubDate: 2017-03-28T09:09:24Z
  • Political ties and VC exits: Evidence from China
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Hamish D. Anderson, Jing Chi, Qing (Sophie) Wang
      We examine whether political ties (PTs) benefit VCs in China and find a positive relationship between PTs and successful VC exits. Our findings indicate that PTs are crucial for VCs to exit via Chinese mainland stock markets and M&As. The impact of PTs depends on the nature and compositions of PTs. We document that VCs with management-level PTs enjoy greater success than those with ownership-level PTs, whereas no significant difference between central and local government PTs on VC exits. Our results remain stable after controlling for selection bias, alternative measures for VC exits, and legal and institutional differences across regions.

      PubDate: 2017-03-28T09:09:24Z
  • Early poverty exposure predicts young adult educational outcomes in China
    • Abstract: Publication date: Available online 22 March 2017
      Source:China Economic Review
      Author(s): Xiaoying Liu, Emily Hannum
      Comparative research suggests that poverty in childhood, and especially in the early years, impedes educational attainment. With longitudinal data from China, we estimate hazard models of dropping out of school in young adulthood with two dynamic measures of childhood poverty: poverty spell indicators that distinguish poverty in early childhood, middle childhood, and adolescence, and poverty indices that measure the depth of poverty and distinguish chronic from transient poverty. Four main results emerge: 1) Children who experience spells in poverty leave school at a higher rate than others, even adjusting for poverty in later periods; 2) Transient poverty is more widespread, and shows a greater negative association with school-leaving, than chronic poverty; 3) Early childhood poverty shows greater negative associations with education outcomes than poverty in later periods; and 4) Girls may be more susceptible than boys to early poverty. We further test two possible mechanisms of impact: early nutrition poverty and school fees. While lower protein intake at an early stage of life is related to poorer educational outcomes in young adulthood, adjusting for nutritional deprivation does not attenuate the associations of early transient income poverty. Results do not suggest that cohorts that experienced school-fee abolishment policies experienced different poverty effects than other cohorts.

      PubDate: 2017-03-28T09:09:24Z
  • Assessing credit guarantee companies in China: Applying a new framework
    • Abstract: Publication date: Available online 21 March 2017
      Source:China Economic Review
      Author(s): Jiaming Li, Xiaohua Lin
      In this paper, we developed a framework for assessing the quality of credit guarantee institutions and then applied the framework to a sample of guarantee companies in China. Our results suggest that whereas macroscopic environments significantly impact the credit guarantee sector in China, scale, experience, and potential compensatory risk are the most important indicators of competence or performance capability of individual credit guarantee companies. We find that the current situation of the credit guarantee industry in China is unsatisfactory. Well-performing companies are scarce and the gap between those ranking at the top and those at the bottom is significant.

      PubDate: 2017-03-28T09:09:24Z
  • How does outward foreign direct investment enhance firm productivity? A
           heterogeneous empirical analysis from Chinese manufacturing
    • Abstract: Publication date: July 2017
      Source:China Economic Review, Volume 44
      Author(s): Youxing Huang, Yan Zhang
      Using an original linked firm-level panel data from Chinese manufacturing firms over the period 2002–2007, this paper examines how outward foreign direct investment (OFDI) led productivity increase of parent firms (known as the own-firm effect) changes over firm heterogeneity. Conducting propensity score matching (PSM) techniques and differences-in-differences (DID) analysis, we find strong and robust evidence that the first OFDI promotes parent firm's productivity and this effect varies substantially with the firms' characteristics. In particular, firm's absorptive capacity is essential for the own-firm effect, and the absorptive capacity related with the product innovation is more important than that of the process innovation for the own-firm effect. Also, OFDI strategies for obtaining advanced technology and investing in developed countries significantly strengthen the own-firm effect, whereas, government supports have no significant impacts on the own-firm effect.

      PubDate: 2017-03-20T15:49:29Z
  • Economies of scale, resource dilution and education choice in developing
           countries: Evidence from Chinese households
    • Abstract: Publication date: Available online 16 March 2017
      Source:China Economic Review
      Author(s): Guangjun Shen, Jingxian Zou, Xiaoguang Liu
      Recent empirical studies suggest that the negative correlation between the quantity of children within a family and their educational attainment, which is widely observed in developed countries, is inconsistent or even rejected in developing countries. This paper aims to integrate these divergent empirical results into a unified theoretical framework by introducing scale economies into the classical model of Becker and Lewis (1973). As a result, the “anomaly” of an observed upward or an inverted U-shaped relationship can be expected as the scale economies effect dominates when there are few children in a family. Using data from the China's 1990 and 2000 censuses, this study further tests some hypotheses induced from the model. Educational attainment increases with sibling size at first and then drops. Children with one or two siblings achieve the highest education during the period our sample covers. The inverted U-shaped correlation is more robust for rural subsamples, for older cohorts and for economically underdeveloped regions and groups, which is consistent with the prediction of the model.

      PubDate: 2017-03-20T15:49:29Z
  • An evaluation of pension differentials between Chinese private and public
           sectors from perspective of protection and incentives over the lifecycle
    • Abstract: Publication date: Available online 14 March 2017
      Source:China Economic Review
      Author(s): Hongbo Jia
      This article evaluates pension differentials between the private and public sectors over the lifecycle in urban areas in China. The aim of this study was to examine social equity in the face of increasing pressures to reform the current pension system. We developed a model to measure the protection and incentives offered by pensions in the private and public sectors. By incorporating educational cost, career length, retirement age, average years that a retiree receives the pension after retirement, growth rate of wages, interest rates and pension benefits into the model, we provided actuarial assessments. This study found that the current institutional arrangement of pensions in China results in negative incentives for workers in the public sector.

      PubDate: 2017-03-20T15:49:29Z
  • Confucius Institutes and FDI flows from China to Africa
    • Abstract: Publication date: Available online 1 March 2017
      Source:China Economic Review
      Author(s): Muhammad Akhtaruzzaman, Nathan Berg, Donald Lien
      Is the establishment of new Confucius Institutes (CIs) in African countries motivated by resource seeking? We focus on uncovering new empirical evidence about the establishment of CIs, whether they are related to natural resources, and the extent to which the establishment of new CIs and Chinese foreign aid flows affect one another. Whereas Chinese aid flows do indeed appear to be empirically associated with African countries' natural resources, the evidence we report suggests that CIs are established based on a distinct set of motives. We find that CIs, Chinese foreign aid flows to Africa and natural resources have joint predictive power on the subsequent year's Chinese FDI outflows. CIs are not, however, positively associated with the subsequent year's aid flows. And aid flows are not positively associated with the subsequent year's expected number of CIs. We interpret this as evidence that CIs reflect an economically significant expression of Chinese soft power. The goals underlying the expression of this soft power are not subsumed by natural resource seeking and are not easily compressed to a single dimension. The data show that CIs and aid flows are not positive predictors of each other and are not subsumed (i.e., made to disappear) by the inclusion of controls for natural resources. Thus, the presence of a CI reveals independent, novel, and economically significant information about future trade flows that cannot be explained away by differences in resources or other control variables commonly found in empirical models of trade flows. The empirical evidence suggests that CIs are indeed an effective instrument for increasing China's soft power but that this soft power is not motivated solely (if at all) by resource seeking.

      PubDate: 2017-03-03T05:55:27Z
  • Demographic change and its impact on farmers' field production decisions
    • Abstract: Publication date: Available online 14 January 2017
      Source:China Economic Review
      Author(s): Yueqing Ji, Xuezhi Hu, Jing Zhu, Funing Zhong
      Following the general trend in demographic change, and enhanced by the large-scale and continuous rural-urban migration, the rural labor force remaining in farming is quickly reducing and aging. This is likely to have significant impact on the labor-intensive agriculture. However, the fast growing of machinery service has provided farmers an opportunity to out-source field work that demands heavy labor inputs. Therefore, the demographic change and development of machinery service may jointly influence farmers' production decision in terms of crop choice and inputs. Household data of Fixed Point Rural Survey (FPRS) are used to examine the potential change in farmers' decisions on crop mix and input uses. It is found out that, under current situations, aging may impact agriculture through changing crop mix, and the choice is largely determined by access to service of farm machine; which, in turn, is likely to be determined by topography.

      PubDate: 2017-01-15T20:53:31Z
  • The Preference for Larger Cities in China: Evidence from Rural-Urban
    • Abstract: Publication date: Available online 13 January 2017
      Source:China Economic Review
      Author(s): Chunbing Xing, Junfu Zhang
      China has long aimed to restrict population growth in large cities but encourages growth in small and medium-sized cities. At the same time, various government policies favor large cities. We conjecture that larger cities in China offer a better quality of life and more opportunities. We thus predict that a typical rural-urban migrant is willing to give up some income in order to live in a larger city. We present a simple model in which rural-urban migrants choose destination cities to maximize utilities from consumption and urban amenities. Drawing data from a large-scale population survey conducted in 2005, we first estimate each migrant’s expected earnings in each possible destination city using a semi-parametric method to correct for potential selection bias. We then estimate the typical migrant’s preference for city population size, instrumenting population size with its lagged values to control for potential omitted-variables bias. From these estimation results, we calculate the typical migrant’s willingness to pay to live in larger cities. Our results show that indeed rural-urban migrants strongly prefer cities with larger populations. We explore possible explanations for this preference and discuss the implications of these findings.

      PubDate: 2017-01-15T20:53:31Z
  • Who determines Chinese firms' engagement in corruption: Themselves or
    • Abstract: Publication date: Available online 10 January 2017
      Source:China Economic Review
      Author(s): Jing You, Huihua Nie
      We investigate the determinants of firm corruption and highlight contagious diffusion of firm corruption under mutual influences of firms' past corrupt history and between peers. The analysis finds that firms' decision-making on engagement in corruption can be affected vertically by their own past experience of bribing bureaucrats and horizontally by the contagion effects of neighbors' observed malfeasance, while there is substantial regional heterogeneity. Moreover, these horizontal contagion effects are nonlinear depending on the distance between neighbors. We also identify three channels underlying “osmosis” of corruption: firms' geographic networks, information exposure, and local marketization. The strongest contagion effect appears in the eastern region, indicating that petty firm corruption can develop into a systematic phenomenon. More practical anti-corruption policies call for cooperation in design and implementation across administrative areas.

      PubDate: 2017-01-15T20:53:31Z
  • The Economic Returns to Proficiency in English in China
    • Abstract: Publication date: Available online 7 January 2017
      Source:China Economic Review
      Author(s): Haining Wang, Russell Smyth, Zhiming Cheng
      We examine economic returns to proficiency in English in China using two waves of the China Labor-Force Dynamics Survey (CLDS). We find positive earnings returns to proficiency in English. We find considerable heterogeneity in the economic returns to proficiency in English across age groups, coastal and inland provinces, levels of education and occupation. We find that the returns to proficiency in English are higher in the coastal region, higher for women and evidence of education-language and skill-language complementarity. We also see differences in the economic returns to English between urban and rural residents and between rural-urban migrants and urban locals. Our findings help to explain why the demand for learning English is so high in China, as well as having implications for the Chinese government at a time when it is re-evaluating the importance attached to learning English in the curriculum.

      PubDate: 2017-01-15T20:53:31Z
  • Social Networks, Job Satisfaction and Job Searching Behavior in the
           Chinese Labor Market
    • Abstract: Publication date: Available online 6 January 2017
      Source:China Economic Review
      Author(s): Ailun Xiong, Hongyi Li, Hans Westlund, Yongjian Pu
      This study first investigates determinants of job searching strategies and then examines if social networks are connected with better job outcomes. Unlike previous studies that focus solely on income, this paper pays more heed to job satisfaction. Based on data drawn from China General Social Survey, we find that disadvantaged job seekers rely primarily on informal channels; whereas experienced and better-educated job seekers tend to search for jobs through formal channels. However, those reaping the largest benefit from using networks are the job seekers who are able to use formal and informal channels jointly. By disaggregating the whole sample, we further find that the promoting effect of network use is contingent on factors such as gender and types of jobs. Network use brings about larger benefits to female and job seekers target to prestigious occupations. Finally, it appears that whether a job seeker can receive influential help depends primarily on the social status of the contacts rather than their tie strength. The results of our paper thus urge us to examine the combination of different searching strategies rather than studying them separately.

      PubDate: 2017-01-06T19:07:17Z
  • A dilemma of fertility and female labor supply: Identification using
           Taiwanese twins
    • Abstract: Publication date: Available online 4 January 2017
      Source:China Economic Review
      Author(s): Junchao Zhang
      Using micro-data from the Taiwan Population and Housing Census, this study estimates the causal effect of fertility on the labor supply of married women. To address the endogeneity of fertility, we exploit exogenous variations in the number of children caused by twin births, which can be considered a natural experiment. The instrumental variable estimates indicate that an additional child reduces female employment by 10.5 percentage points for those who have at least one delivery, and the effects gradually decline for females who have two or more deliveries, with the effects vanishing when females have three or more deliveries. Also, the effect of fertility varies substantially with the time elapsed since the last childbirth, which has a consequence for differences in estimates across different samples in the literature.

      PubDate: 2017-01-06T19:07:17Z
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