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sidenav header backgroundChina Economic Journal Volume 11. No. 2. 2018目录/摘要
发布日期：2018-06-08 09:13 来源：北京大学国家发展研究院
Table of Content 期刊目录
A flying goose chase: China’s overseas direct investment in manufacturing (2011–2013)Jiajun Xu & Paul Hubbard
Pages: 91-107
The role of China’s household registration system in the urban-rural income differentialErnest Boffy-Ramirez & Soojae Moon
Pages: 108-125
Africa’s industrialization and China’s OFDI in the manufacturing sector: rationales and practicesFeng Lu & Xiaoguang Liu
Pages: 126-150
Recalculating the agricultural labor force in ChinaQi Dong, Tomoaki Murakami & Yasuhiro Nakashima
Pages: 151-169
Industrial interdependence: China 1995–2010J.M. Albala-Bertrand
Pages: 170-193
Modeling the migration of cultural goods: a macro-economic study of domestic Chinese cinemaFan Feng & Ravi S. Sharma
Pages: 194-223
Article Abstract 文章摘要
A flying goose chase: China’s overseas direct investment in manufacturing (2011–2013)Jiajun Xu & Paul Hubbard
Pages: 91-107
Abstract: This paper examines whether rising wages have driven Chinese manufacturers to make foreign direct investment abroad to reduce the costs of production. We match the Chinese Ministry of Commerce’s register of Overseas Direct Investments with China’s Industrial Enterprise Survey data from 2011 to 2013 and annual average wage data for prefecture-level cities. Although high-income developed economies are the preferred destinations for Chinese manufacturing investment abroad, labor-intensive light manufacturing sectors related to the textiles, clothing and leather industries are focused on the low-income countries – consistent with a ‘flying goose’ effect. But, these are only a small part of the Chinese investment – account for 6% of the number of matched official ODI registrations. Yet, it might be still too early to observe that rising factor prices are systematically driving investments offshore.
Link to the original text:
https://www.tandfonline.com/doi/abs/10.1080/17538963.2018.1449445
The role of China’s household registration system in the urban-rural income differentialErnest Boffy-Ramirez & Soojae Moon
Pages: 108-125
Abstract: Together with the rapid growth of the Chinese economy, there has been a growing divide between the earnings of urban and rural residents. This paper focuses on China’s household registration system, or ‘hukou’, as a potential source of the earnings gap. Using multiple waves of data from the China Health and Nutrition Survey from 1993 to 2011, we take advantage of variation in hukou status generated by individual-level changes. We control for fixed individual-specific characteristics that determine earnings and estimate an urban hukou ‘premium’. Urban hukou holders earn almost 30% more than rural hukou holders, but after we account for individual fixed characteristics, the urban hukou premium drops to 6–8%. We also find important differences between men and women. The empirical evidence indicates the hukou system is a component of the urban-rural earnings differential, but its importance should not be overstated. The elimination of the hukou system alone cannot address long-standing inequities in access to social services between rural and urban populations.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1453103
Africa’s industrialization and China’s OFDI in the manufacturing sector: rationales and practicesFeng Lu & Xiaoguang Liu
Pages: 126-150
Abstract: The article examines the rationales and practices for three types of manufacturing outward foreign direct investment (OFDI) into Africa in the context of the cooperation between Africa’s industrialization and China’s OFDI on manufacturing. African economies have achieved impressive growth in the new century, but sustainable economic growth in this vast continent is still constrained by lagging industrialization and weak manufacturing sector. While China’s economy has made great achievements in Gross Domestic Product growth and poverty reduction, it witnessed hikes of factor price such as wage, land and exchange rate at varying degrees in the recent decade, imposing pressure on economic restructuring. Against the background, the new trend of Chinese manufacturing OFDI provides new opportunities for Africa to solve structural problems of weak manufacturing. Policy implications of this study on China–Africa industrial capacity cooperation are briefly discussed.
Link to the original text:
https://www.tandfonline.com/doi/abs/10.1080/17538963.2018.1469319
Recalculating the agricultural labor force in ChinaQi Dong, Tomoaki Murakami & Yasuhiro Nakashima
Pages: 151-169
Abstract: In this study, we use a hypothetical method to recalculate the agricultural labor force based on statistical data on the labor force in China. We confirm the revised agricultural labor force data by estimating the agricultural production function. Through comparing the marginal labor productivity with the subsistence level of wages in the agricultural sector, we find that the overstated figures of agricultural labor force not only result in the underestimation of agricultural labor productivity but also are misleading by indicating that China reaches the Lewis turning point later than in actuality. The process of labor transfer in China, a large part of which is through rural migrant workers, has been much faster than expected.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1458431
Industrial interdependence: China 1995–2010J.M. Albala-Bertrand
Pages: 170-193
Abstract: The present article focuses on inter-industrial activity via a useful decomposition of the input-output model and deals with the changes of domestic industrial/sectoral backward and forward linkages (i.e. the pull and push of the economy) as well as the changes in their domestic and imported components (i.e. via import substitution/penetration) over the 1995–2010 period. There are three distinctive periods of import substitution/import penetration, which seem to correspond to the East-Asian crisis of 1997 and the global crisis of 2008 as well as the main reform and policies of the periods. The secondary and tertiary sectors show a positive increase in both the pull of backward linkages and the push of forward linkages, showing important levels of absolute import substitution. This is especially true for the pull of light and heavy industry on the economy and secondarily for domestic trade, heavy industry becoming the main engine of the economy by far.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1458391
Modeling the migration of cultural goods: a macro-economic study of domestic Chinese cinemaFan Feng & Ravi S. Sharma
Pages: 194-223
Abstract: This article investigates the migration of cultural goods such as movies in the burgeoning commercial exhibition marketplace of China. Based on prior research on the movie industry and theatrical releases, this empirical study models the dynamic relationships between cinema attendance and the number of cinema screens in response to consumer mindset shifts in terms of predetermined and exogenous variables. These relationships are established and estimated by applying the Vector Auto-Regression (VAR) and Seemingly Unrelated Regressions (SUR) techniques. The regression analyses are executed over 96 observations spanning from May 2005 to April 2013. A key empirical finding is that cultural goods such as movies are affected by a variety of market and economic factors. Another significant finding is that income and admission price will not significantly affect the Chinese cinema-goers’ consumption behaviors, whereas they may alter the market expectation of the exhibitors. In recent years, the prevalence of Internet options has further promoted a more competitive market of choice, quality, and prices. This is an area worthy of further scholarly investigation.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1449594
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-
首页
-
出版物展开 / 收起
sidenav background出版物
sidenav header backgroundChina Economic Journal Volume 11. No. 2. 2018目录/摘要
发布日期：2018-06-08 09:13 来源：北京大学国家发展研究院
Table of Content 期刊目录
A flying goose chase: China’s overseas direct investment in manufacturing (2011–2013)Jiajun Xu & Paul Hubbard
Pages: 91-107
The role of China’s household registration system in the urban-rural income differentialErnest Boffy-Ramirez & Soojae Moon
Pages: 108-125
Africa’s industrialization and China’s OFDI in the manufacturing sector: rationales and practicesFeng Lu & Xiaoguang Liu
Pages: 126-150
Recalculating the agricultural labor force in ChinaQi Dong, Tomoaki Murakami & Yasuhiro Nakashima
Pages: 151-169
Industrial interdependence: China 1995–2010J.M. Albala-Bertrand
Pages: 170-193
Modeling the migration of cultural goods: a macro-economic study of domestic Chinese cinemaFan Feng & Ravi S. Sharma
Pages: 194-223
Article Abstract 文章摘要
A flying goose chase: China’s overseas direct investment in manufacturing (2011–2013)Jiajun Xu & Paul Hubbard
Pages: 91-107
Abstract: This paper examines whether rising wages have driven Chinese manufacturers to make foreign direct investment abroad to reduce the costs of production. We match the Chinese Ministry of Commerce’s register of Overseas Direct Investments with China’s Industrial Enterprise Survey data from 2011 to 2013 and annual average wage data for prefecture-level cities. Although high-income developed economies are the preferred destinations for Chinese manufacturing investment abroad, labor-intensive light manufacturing sectors related to the textiles, clothing and leather industries are focused on the low-income countries – consistent with a ‘flying goose’ effect. But, these are only a small part of the Chinese investment – account for 6% of the number of matched official ODI registrations. Yet, it might be still too early to observe that rising factor prices are systematically driving investments offshore.
Link to the original text:
https://www.tandfonline.com/doi/abs/10.1080/17538963.2018.1449445
The role of China’s household registration system in the urban-rural income differentialErnest Boffy-Ramirez & Soojae Moon
Pages: 108-125
Abstract: Together with the rapid growth of the Chinese economy, there has been a growing divide between the earnings of urban and rural residents. This paper focuses on China’s household registration system, or ‘hukou’, as a potential source of the earnings gap. Using multiple waves of data from the China Health and Nutrition Survey from 1993 to 2011, we take advantage of variation in hukou status generated by individual-level changes. We control for fixed individual-specific characteristics that determine earnings and estimate an urban hukou ‘premium’. Urban hukou holders earn almost 30% more than rural hukou holders, but after we account for individual fixed characteristics, the urban hukou premium drops to 6–8%. We also find important differences between men and women. The empirical evidence indicates the hukou system is a component of the urban-rural earnings differential, but its importance should not be overstated. The elimination of the hukou system alone cannot address long-standing inequities in access to social services between rural and urban populations.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1453103
Africa’s industrialization and China’s OFDI in the manufacturing sector: rationales and practicesFeng Lu & Xiaoguang Liu
Pages: 126-150
Abstract: The article examines the rationales and practices for three types of manufacturing outward foreign direct investment (OFDI) into Africa in the context of the cooperation between Africa’s industrialization and China’s OFDI on manufacturing. African economies have achieved impressive growth in the new century, but sustainable economic growth in this vast continent is still constrained by lagging industrialization and weak manufacturing sector. While China’s economy has made great achievements in Gross Domestic Product growth and poverty reduction, it witnessed hikes of factor price such as wage, land and exchange rate at varying degrees in the recent decade, imposing pressure on economic restructuring. Against the background, the new trend of Chinese manufacturing OFDI provides new opportunities for Africa to solve structural problems of weak manufacturing. Policy implications of this study on China–Africa industrial capacity cooperation are briefly discussed.
Link to the original text:
https://www.tandfonline.com/doi/abs/10.1080/17538963.2018.1469319
Recalculating the agricultural labor force in ChinaQi Dong, Tomoaki Murakami & Yasuhiro Nakashima
Pages: 151-169
Abstract: In this study, we use a hypothetical method to recalculate the agricultural labor force based on statistical data on the labor force in China. We confirm the revised agricultural labor force data by estimating the agricultural production function. Through comparing the marginal labor productivity with the subsistence level of wages in the agricultural sector, we find that the overstated figures of agricultural labor force not only result in the underestimation of agricultural labor productivity but also are misleading by indicating that China reaches the Lewis turning point later than in actuality. The process of labor transfer in China, a large part of which is through rural migrant workers, has been much faster than expected.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1458431
Industrial interdependence: China 1995–2010J.M. Albala-Bertrand
Pages: 170-193
Abstract: The present article focuses on inter-industrial activity via a useful decomposition of the input-output model and deals with the changes of domestic industrial/sectoral backward and forward linkages (i.e. the pull and push of the economy) as well as the changes in their domestic and imported components (i.e. via import substitution/penetration) over the 1995–2010 period. There are three distinctive periods of import substitution/import penetration, which seem to correspond to the East-Asian crisis of 1997 and the global crisis of 2008 as well as the main reform and policies of the periods. The secondary and tertiary sectors show a positive increase in both the pull of backward linkages and the push of forward linkages, showing important levels of absolute import substitution. This is especially true for the pull of light and heavy industry on the economy and secondarily for domestic trade, heavy industry becoming the main engine of the economy by far.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1458391
Modeling the migration of cultural goods: a macro-economic study of domestic Chinese cinemaFan Feng & Ravi S. Sharma
Pages: 194-223
Abstract: This article investigates the migration of cultural goods such as movies in the burgeoning commercial exhibition marketplace of China. Based on prior research on the movie industry and theatrical releases, this empirical study models the dynamic relationships between cinema attendance and the number of cinema screens in response to consumer mindset shifts in terms of predetermined and exogenous variables. These relationships are established and estimated by applying the Vector Auto-Regression (VAR) and Seemingly Unrelated Regressions (SUR) techniques. The regression analyses are executed over 96 observations spanning from May 2005 to April 2013. A key empirical finding is that cultural goods such as movies are affected by a variety of market and economic factors. Another significant finding is that income and admission price will not significantly affect the Chinese cinema-goers’ consumption behaviors, whereas they may alter the market expectation of the exhibitors. In recent years, the prevalence of Internet options has further promoted a more competitive market of choice, quality, and prices. This is an area worthy of further scholarly investigation.
Link to the original text:
https://www.tandfonline.com/doi/full/10.1080/17538963.2018.1449594
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