Journal•ISSN: 1000-596X
Economic Theory and Business Management
About: Economic Theory and Business Management is an academic journal. The journal publishes majorly in the area(s): Consumption (economics) & Total factor productivity. Over the lifetime, 243 publications have been published receiving 454 citations.
Topics: Consumption (economics), Total factor productivity, Capital intensity, Value-added tax, Monetary policy
Papers published on a yearly basis
Papers
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TL;DR: Based on one single-factor method and three total-factor methods and data in 2005, the energy-efficiency analysis shows that compared to single factor method, total factor method can reveal the effects of endowments on energy efficiency.
Abstract: How to evaluate the energy efficiencies of different Chinese areas is the premise to realize the strategic goal of saving energy and reducing energy consumption.Based on one single-factor method and three total-factor method and data in 2005,the energy-efficiency analysis shows that:(1) Compared to single-factor method,total-factor method can reveal the effects of endowments on energy efficiency.(2) Chinese total energy efficiency is very low. China can save about 30% energy if all areas could be the same energy efficiency as Shanghai.(3) Great differences between east and west areas indicate that it is very important to improve inter-regional energy co-operations and diffusing of production technologies.
21 citations
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TL;DR: The human capital,technological progress and institutional reform should be the main driving force of healthy and sustainable economic growth as discussed by the authors, and China's economic growth is too dependent on investment, and China needs to change to intensive economy in the long run.
Abstract: Our main result is that China's economic growth is too dependent on investment,and China needs to change to intensive economy in the long run.The export-oriented growth model will likely become unsustainable in the future.The human capital,technological progress and institutional reform should be the main driving force of healthy and sustainable economic growth.
14 citations
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TL;DR: In this paper, the authors found that the dispersion of equity structure is negatively related to the scale of state owned stocks, positive to scale of circulation stocks and performance of listed companies.
Abstract: Dispersion of equity structure is negatively related to the scale of state owned stocks,positively to the scale of circulation stocksAnd performances of listed companies are positively related to dispersion of equity structure,the scale of stocks hold by employers and employees;negatively to the scale of state owned stocks and salaries of managers
13 citations
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TL;DR: The authors adopts policy uncertainty index proposed by Baker and uses FAVAR model to analyze the impact of policy uncertainty on macroeconomic of China and finds that policy uncertainty has negative impact on GDP, investment, consumption, export and price,decreases real exchange rate and leads to a drop in stock price and real estate price.
Abstract: This paper adopts policy uncertainty index proposed by Baker and uses FAVAR model to analyze the impact of policy uncertainty on macroeconomic of China.Empirical results show that policy uncertainty has negative impact on GDP,investment,consumption,export and price,decreases real exchange rate and leads to a drop in stock price and real estate price.Besides,this paper finds the mainly mechanism of policy uncertainty effect on macroeconomic is expected channel.This conclusion suggests the government should keep macroeconomic policy as steady and continuous as possible and strengthen guidance of public rational expectation.
12 citations
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TL;DR: In this article, the authors compared different solving methods of complete decomposition model about energy consumption intensity, and analyzed how and how much the effects of 6 sections' changes in structures and energy consumption intensities on decrease of Chinese EE.
Abstract: Based on the data during 1980-2004,this paper compares different solving methods of complete decomposition model about energy consumption intensity,analyzes how and how much the effects of 6 sections' changes in structures and energy consumption intensity on decrease of Chinese energy consumption intensity.The results are: the outcome error of simple average differential PDM2 is quite small;the decrease of Chinese energy consumption intensity results mainly from the increase sectional efficiency,especially the technological innovation by industrial sections.
9 citations