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Showing papers in "China Economic Review in 2021"


Journal ArticleDOI
TL;DR: In this paper, the authors examined the short-term and mid-term impact of COVID-19 restrictions on SMEs, based on two waves of phone interviews with a previously surveyed large SME sample in China.

110 citations


Journal ArticleDOI
TL;DR: In this article, the causal effects of online education on student exam performance using administrative data from Chinese middle schools were estimated. But not all online education was equal: students who were given recorded online lessons from external higher-quality teachers had higher exam scores than those whose lessons were recorded by teachers from their own school.

109 citations


Journal ArticleDOI
TL;DR: In this paper, the impact of carbon emissions on China's regional total factor productivity from 2000 to 2017 was analyzed using global Malmquist-Luenberger productivity indexes, and the results indicated that innovation capacity, energy and employment structure had significant impact on the provincial productivities while urbanization had a negative impact.

62 citations


Journal ArticleDOI
TL;DR: In this article, the effect of environmental regulations on border pollution reduction in developing countries' rural areas by taking livestock environmental regulations (LERs) in China as a quasi-natural experiment was investigated.

61 citations


Journal ArticleDOI
TL;DR: Li et al. as discussed by the authors assess the roles of growth and income inequality in affecting both absolute and relative poverty rates and show that growth played an overwhelming role in achieving the miracle of poverty reduction but relative poverty has been consistently rising.

56 citations


Journal ArticleDOI
TL;DR: In this article, the authors used a difference-in-difference approach to find that access to an HSR connection leads to an increase in entrepreneurship by approximately 3.5 percentage points (35% of the mean).

38 citations


Journal ArticleDOI
TL;DR: This paper investigated the impact of PM2.5 concentration on job location decisions of Chinese college graduates at the beginning of their professional careers and found that a 10-unit increase in PM 2.5 concentration raises college graduates' probability to leave their current city by 10% point.

33 citations


Journal ArticleDOI
TL;DR: In this paper, the authors provide empirical evidence on the sectoral pattern of China's outward FDI before and after 2014 indicating that China's FDI outflows to BRI countries have significantly increased in sectors characterized by overcapacity and contributing to pollution in China.

32 citations


Journal ArticleDOI
TL;DR: In this article, a Ramsey-Cass-Koopmans growth model of the agricultural sector, including land transfer characteristics, was constructed to investigate the theoretical basis of the land transfer impact on multi-dimensional poverty, under a steady equilibrium.

29 citations


Journal ArticleDOI
TL;DR: In this paper, the authors evaluate the economic impacts of COVID-19 outbreak on both national and industrial levels by employing quarterly computable general equilibrium (CGE) model and reveal that the epidemic may lower China's economic growth in 2020 by 3.5%, versus 4.4% for final consumption.

29 citations


Journal ArticleDOI
TL;DR: Wang et al. as mentioned in this paper used data from the China Family Panel Survey collected in 2017 and 2019 to investigate the relationship between agricultural mechanization services (AMS) and smallholder farmers' exit from agricultural production.

Journal ArticleDOI
TL;DR: This article examined the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China and showed that economic convergence is pronouncedly conditional on human capital across all measures, and that the positive benefit of being backward due to lower initial income is almost trumped by the negative impact of low levels of human capital in the poorest areas.

Journal ArticleDOI
TL;DR: Wang et al. as mentioned in this paper studied the impact of China's effort to promote technology inventions and found that the effect of subsidy policies depended on the growth rate of experienced innovators rather than entrants.

Journal ArticleDOI
TL;DR: In this article, the authors examined the impact of structural change in China, in particular a reduction in the savings rate, an increase in the share of skilled workers, and a increase in productivity in technologically advanced manufacturing sectors targeted by Made in China 2025.

Journal ArticleDOI
TL;DR: This article explored the role of tax policy in relaxing firms' financial constraints by exploiting China's value-added tax (VAT) reform that was initiated in 2004 and completed in 2009.

Journal ArticleDOI
TL;DR: In this paper, the authors analyzed the reasons for the rapid increase in the scale of green bonds issued by Chinese commercial banks from the perspective of financing costs and regulatory arbitrage and showed that the financing cost mechanism cannot explain this increase since green bonds are not lower than those of non-green financial bonds.

Journal ArticleDOI
TL;DR: In this paper, a dataset of 1.46 million producer service firms was collected from the Second Economic Census of China, and the authors used the dataset to prove the productivity advantages of producer service industry in the SEZs.

Journal ArticleDOI
TL;DR: In this article, the authors investigated the relationship between institutional freedom and forest carbon sinks by using a panel threshold model with 139 countries to verify the U-shaped relationship between carbon sinks and economic development.

Journal ArticleDOI
TL;DR: In this paper, the effects of infrastructure investments on the level and distribution of impoverished households' income, utilizing the arguably exogenous investment shock from the Targeted Poverty Alleviation program in China, were empirically estimated.

Journal ArticleDOI
TL;DR: In this paper, the authors provide a first view of vulnerable informal economy after the blows from COVID-19, using transaction-level business data of around 80 million offline micro businesses (OMBs) owners from the largest Fintech company in China and employing machine learning method for causal inference.

Journal ArticleDOI
TL;DR: In this paper, the authors examined the impact of pilot zones for integrating informatization and industrialization (PZIIs), a novel place-based techno-industrial policy for innovation, and found that PZIIs have a significant and positive impact on urban innovation.

Journal ArticleDOI
TL;DR: Both indoor and ambient air pollution have an adverse effect on elderly mental health and significantly increases the likelihood of having depressive symptoms, according to a nationally representative longitudinal survey for middle-aged and elderly individuals in China.

Journal ArticleDOI
TL;DR: In Chinese cities, migrants with rural hukou face more uncertainty, have limited access to mortgage finance, and are less eligible for low-cost housing as mentioned in this paper, and as a result accumulate less wealth.

Journal ArticleDOI
TL;DR: In this paper, the authors provide international evidence on the relationship between household consumption and wealth, especially in the form of houses, and they find that household consumption positively responds to changes in housing wealth, and this link is further affected by different levels of government spending and financial development.

Journal ArticleDOI
TL;DR: Wang et al. as discussed by the authors put forward a welfare approach to analyze the relative multidimensional poverty and then determined the link between relative welfare poverty and individual happiness, and showed that relative welfare poor has not declined significantly and there is a significantly happiness-reducing effect of relative welfare welfare poverty.

Journal ArticleDOI
TL;DR: In this article, the authors examined the impacts of the Resource-Exhausted City Transition Program (RCTP) on industrial development in places suffering from resource-exhaustion and found that the program has stimulated capital investment largely and fostered employment and efficiency, leading to a boost in output.

Journal ArticleDOI
TL;DR: In this article, the authors investigated the foreign exchange rate exposure and its determinants using the data of all firms listed on the Chinese stock market from 2005 to 2018, and found significantly linear and nonlinear exposures to bilateral as well as multilateral foreign exchange rates.

Journal ArticleDOI
TL;DR: In this article, the authors employ a structural gravity approach to analyze how the reduction in transportation costs between China and the EU would change trade flows and consumer welfare in China, EU and the rest of the World.

Journal ArticleDOI
TL;DR: In this paper, a comprehensive index of top management quality using a principal component analysis (PCA) was constructed to empirically prove the positive impacts of management quality on corporate innovation.

Journal ArticleDOI
TL;DR: This paper developed a novel approach to study overeducation by extracting pre-match information from online recruitment platforms using word segmentation and dictionary building techniques, which can offer significant advantages over traditional survey-based approaches in objectiveness, timeliness, sample sizes, area coverage and richness of controls.