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| 1 |
ID:
132634
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2014.
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| Summary/Abstract |
To alleviate the problem of the insufficient reserves of natural gas in China, coal-based synthetic natural gas (SNG) is considered to be a promising option as a source of clean energy, especially for urban use. However, recent study showed that SNG will not accomplish the task of simultaneous energy conservation and CO2 reduction. In this paper, life cycle costing is made for SNG use in three main applications in residential sector: heating, household use, and public transport. Comparisons are conducted between SNG and coal, natural gas, liquefied petroleum gas (LPG), diesel, and methanol. The results show that SNG is a competitive option only for household use. The use of SNG for heating boilers or city buses is not as cost-effective as expected. The biggest shortcoming of SNG is the large amount of pollutants generated in the production stage. At the moment, the use of SNG is promoted by the government. However, as shown in this paper, one can expect a transfer of pollution from the urban areas to the regions where SNG is produced. Therefore, it is suggested that well-balanced set of environmental damage-compensating policies should be introduced to compensate the environmental losses in the SNG-producing regions.
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| 2 |
ID:
116483
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2012.
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| Summary/Abstract |
Making use of the data envelopment analysis (DEA) technique and taking undesirable fiscal phenomena into account, this paper comprehensively quantifies the public finance performance of local governments in China during the course of fiscal decentralization reform. The introduction of undesirable fiscal outcomes into this assessment makes it possible to identify meaningful and informative characteristics of local public finance performance in China. When reforms are first implemented, local public financial performance improves because undesirable fiscal phenomena have not yet become too serious. The tax sharing system reform did not work well in its early stages, and negatively impacted public expenditure efficiency. The reform started to play a substantial role between 2001 and 2005, when local governments experienced better public finance performance. Corresponding to the deterioration of the financial sector in recent years, local public financial performance worsened after 2007. Further reform of the current fiscal and taxation system is necessary in China, to ensure a brighter future for the nation.
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| 3 |
ID:
169139
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In what ways are lifestyles in urbanising Thailand, increasingly oriented towards shopping malls related to the threat to the wildlife and struggles for subsistence in distant Lao hinterlands? Our article answers this question by looking at the workings of electricity as the key infrastructure that connects these seemingly unrelated events and practices. We argue that the circulation of electricity flows along uneven channels, shifting injury and environmental harm across international borders. This circuit is perpetuating inequality and environmental injustice in the Lower Mekong. To demonstrate this claim, we analyse the electricity sector at numerous scales and locations – the urban scale in Bangkok, the country scale of Thailand and then Laos and the local community scale in Laos. We then discuss by what means various material and social processes and actors at these different scales form this circuit. Looking at circuits of power allows us to link the story of electricity consumption with that of production, with an emphasis on their extraterritoriality, multiplicity and boundaries. Our findings illustrate the effects of this circuit on spaces far from a thought‐of urban area. Furthermore, we demonstrate the ways in which these effects have produced inequality and injustice across borders.
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| 4 |
ID:
099907
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2010.
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| Summary/Abstract |
This paper explores why labor share in China has declined since the middle of the 1990s. Existing literature usually ascribes the labor share decline in developed countries to biased technological progress. However, our investigation shows that China's case is different. Using a simultaneous equation model estimated with three-stage least squares, we find that FDI, levels of economic development and privatization have negative effects on the labor share. The negative influence of FDI on labor share results from regional competition for FDI, which weakens labor forces' bargaining power. A U-shaped relationship exists between labor share and the level of economic development, and China is now on the declining part of the curve. The negative effects of privatization on the labor share stem from the elimination of the so-called "wage costs eroding profit" situation and the positive supply shock on the labor market.
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| 5 |
ID:
084772
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| 6 |
ID:
111482
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2012.
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| Summary/Abstract |
Economists have recently become interested in weighting how much domestic value-added is actually included in China's exports. Formally, the proportion of foreign and domestic contents could be identified by calculating the vertical specialization share using non-competitive input-output tables. Applying such a method to the Chinese case, however, would result in a big measurement bias because China has a large share of processing exports, which utilize a disproportionately high percentage of imported intermediates. This paper, by directly employing 2008 trade data for which imported intermediates in both processing and non-processing trade could be identified by means of various trade patterns, provides a simplified way to estimate the share of foreign/domestic value-added included in industry-level manufactured exports. This paper finds that the vertical specialization share of China's processing exports was about 56 percent in 2008, compared to about 10 percent for ordinary exports. It also finds that the sectors that experienced fast expansion of processing exports have a much higher share of foreign contents. Since processing exports account for about half of Chinese exports, the prevailing trade statistics, which focus on gross values rather than the value-added of exports and imports, has obviously overstated the bilateral trade imbalances, especially between China and the USA.
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| 7 |
ID:
137597
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Based on the convergence hypothesis and referring to the experience of East Asian high-performing economies from 1950 to 2010, this paper projects and plots the potential growth rate of the Chinese economy over the next 20 years. It predicts that the potential growth rate of per capita GDP adjusted by purchasing power parity averages at 6.02 percent from 2015 to 2035, while the potential GDP growth rate of 2015 would still be above 8 percent, which implies that the realized rate of growth has not reached its potential since 2012. Besides, based on the per capita GDP projected and on cross-country comparison, the paper plots the trajectory of structural change of the Chinese economy from 2015 to 2035. The result shows that: (i) the value-added share of primary industry will drop more rapidly than the employment share; (ii) the value-added share of secondary industry will decline and employment share will present an inverted U shape whose turning point will probably come between 2020 and 2025; (iii) both the value-added and employment share of tertiary industry will increase continuously.
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| 8 |
ID:
152980
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By exploring the composition of the Chinese Communisty Party’s Central Committee since the 1990s, we analyze why state-owned enterprises reform has fallen into a partial reform equilibrium. We argue that two hypotheses, the interest group hypothesis and the adaptive power-sharing hypothesis, should be combined to fully comprehend the partial reform equilibrium symptom.
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| 9 |
ID:
103915
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2011.
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China's industry has experienced robust growth under persistent structural reform since 1978. By estimating the stochastic frontier sectoral production function, we find that the TFP growth has exceeded the quantitative growth of inputs since 1992, but the contribution of productivity to output growth declines after 2001. Using a decomposition technique, we then find that the structural change has contributed to TFP and output growth substantially but also decreasingly over time. Empirical analysis reveals that the reforms in factor markets and industrial structure significantly account for the overall trend and the sectoral heterogeneity of factor allocative efficiency during the industrial transformation process.
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| 10 |
ID:
121345
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2013.
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We adopted the simple average Divisia index approach to explore the impacts of factors on the carbon dioxide (CO2) emissions from road freight transportation in China from 1985 to 2007. CO2 emissions were investigated using the following as influencing factors: the emission coefficient, vehicle fuel intensity, working vehicle stock per freight transport operator, market concentration level, freight transportation distance, market share of road freight transportation, ton-kilometer per value added of industry, industrialization level and economic growth. Building on the results, we suggest that economic growth is the most important factor in increasing CO2 emissions, whereas the ton-kilometer per value added of industry and the market concentration level contribute significantly to decreasing CO2 emissions. We also discussed some recent important policies concerning factors contained in the decomposition model.
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| 11 |
ID:
148691
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Using China Urban Household Survey data from 2005 to 2012, the present paper examines the changing pattern of China's urban unemployment rates. The paper shows that the annual urban unemployment rates during 2005–2012 averaged approximately 8.5 percent, as opposed to the official figure of approximately 4.1 percent, and despite the significant slowdown of GDP growth since 2008, the urban unemployment rates still exhibit a downward trend. This paper finds that continuous job creation in both the tertiary and the non-state sectors helps explain the decreasing trend in unemployment rates. Meanwhile, the downward trend of the unemployment rates could also be explained by the fact that both the secondary industry and the state-owned sector have destructed fewer jobs because of the execution of macroeconomic stimulus policies since 2008.
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| 12 |
ID:
176584
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The decoupling policies enforced by the Trump Administration aim to break the US economic relationship with China. Those policies, however, are escalating strategic costs for the US in at least three unanticipated ways: the decoupling policies are losing the endorsement of US multinational corporations, undermining the solidarity of the US and its allies, and making supply chains more likely to disengage from the US than to disengage from China. We argue that the ongoing decoupling policies are costing more than the US can bear and will end in vain. If the Trump Administration enforces further decoupling policies without considering those implicit costs, it will only set the US up for a more expensive failure.
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