From the Editor

• Relearning China's Market Economy

  金碚;

  <正>Adopting a market economy has unleashed tremendous productivity and social energy,which has fueled China's economic development over the past 30years.Previously,under its planned economy,Chinese factory managers used to follow production plans without awareness of efficiency or profitability in the modern economics sense.It was not until after the promarket reform that business leaders in China began to

  2013年05期 v.8 1页 [查看摘要][在线阅读][下载 89K]
  

Trends

• China's Industrial Competitiveness and Evolving Trends on the World Market——Analysis Based on Commodities Export Data

  金碚;李鹏飞;廖建辉;

  On the basis of classification of technology content for export goods,this paper employs the latest trade statistics to examine the situation and evolving trend of China s industrial international competitiveness.Results indicate that:(1) ranked by the order of low-,medium- and high-technology content,international competitiveness of China's industrial manufactured products is in a U-shaped distribution pattern;(2) distance between China's export advantage products and products with potentials is relatively small,which provides favorable micro-basis for steady transformation of export structure;(3) mediumand high-technology manufactured products including machinery and transport equipment will lead the upgrade of China's export;and(4) countries in south Europe,transitional countries of the Central and Eastern Europe,and India will challenge China's leading position in low-technology products;China will compete with advanced countries of Europe in the area of medium-technology manufactured products and needs to catch up with and overtake the United States,and the developed economies in Europe and East Asia in the area of high-technology manufactured products.In order to enhance China's industrial international competitiveness,the government should pay great attention to the issue of the lack of competitiveness and low product density of medium-technology manufactured products,objectively view the dual effect of labor-intensive manufactured products in the upgrade of China s export structure,timely optimize policy portfolio for high-technology industries and give the highest priority to climbing up the value chain.

  2013年05期 v.8 4-14页 [查看摘要][在线阅读][下载 988K]
  

• Capitalization of Productive Factors and Income Distribution Problems——Unraveling the Cruxof China's Income Distribution Problems

  张车伟;程杰;

  When observing China's income distribution problems from an international perspective,we find that China's income inequality is not much different from developed countries after primary distribution.The real difference between China and developed countries is that income inequality in developed countries will reduce greatly after income redistribution while the income inequality remains the same for China.Therefore,one can conclude that income inequality in China derives from the ineffectiveness of redistribution.However,a large income gap is not the main reason for skewed income distribution in China.In fact,the problem lies in unfair distribution resulting from factor capitalization.A handful of people have taken proceeds from public assets at the expense of all the people,which has led to social polarization.To remove unfair distribution,China should improve its means of redistribution to narrow its income gap in order to develop a fair and reasonable pattern of income distribution.

  2013年05期 v.8 16-30页 [查看摘要][在线阅读][下载 1462K]
  

• A Non-Parameter Decomposition Framework that Better Estimates Contributors to China's Economic Growth(1978-2010)

  董敏杰;梁泳梅;

  This paper has deduced a non-parameter analysis framework that can estimate the sources of economic growth based on provincial data as samples.Result of the estimate indicates that between 1978 and 2010,TFP,labor and capital contributed to China's economic growth by 10.9%,3.7%and 85.4%respectively.If the impact of global financial crisis is not taken into account,these figures should be 20.7%,3.3%and 76.0%.Contribution of labor to economic growth is the smallest,below 8%for most of the years.Share of TFP contribution increased before the 1990 s despite wild swings,exceeding 50%in 1992,followed by continuous decline until well below 10%after 2005.Share of capital contribution decreased before 1990 s with wild swings and maintained an upward trend after1992,approaching 90%after 2005.

  2013年05期 v.8 32-47页 [查看摘要][在线阅读][下载 1462K]
  

Focus

• How Demographic Structure Determines International Capital Flows

  朱超;林博;张林杰;朱莹;

  This paper investigated the relationship between demographic structure and international capital flows with panel data of 190 countries over the past 60 years and projection data for the 21 st century.As found,from a global perspective,the current account balance(CAB) is negatively related to the dependency ratio,and orresponding to continuous change,international capital flows tend to move from "adult countries " to "aged or young countries." Since the middle of the 20 th century,the U.S.,Europe,Japan,China,Southeast Asia,Central Asia,South Asia,West Asia and Africa took turns in exporting capital to other countries.In the 21 st century,Europe,the U.S.,Australia and Singapore will keep importing capital,while China in the 2030 s,and Southeast Asia in the 2050 s will in turn become the main capital importers.Given the demographic structure of China and the world,the future pattern of the international capital flows requires more serious concern and responses.

  2013年05期 v.8 48-64页 [查看摘要][在线阅读][下载 2379K]
  

• China's Direct Investment in Advanced Economies:the Cases of Europe and the United States

  Daniel H.Rosen;Thilo Hanemann;

  Chinese outward foreign direct investment(OFDI)in developed economies has increased substantially in recent years,driven by structural adjustments in China's economy.This article describes the inflection point of Chinese investment in the European Union and the United States since 2008.A new data set is used to highlight similarities and differences of Chinese investment patterns in the world's two biggest economies.The second part examines the policy response on both sides of the Atlantic to promote investment from China and at the same time address political and economic risks related to these new flows.

  2013年05期 v.8 65-79页 [查看摘要][在线阅读][下载 1485K]
  

Global

• Does Anyone Benefit——A Quantitative Effect Analysis on US Punitive Tariffs on Chinese PV Imports from a Global Perspective

  向洪金;赖明勇;

  This paper first examines the internal mechanism of effect of anti-dumping trade relief measures on output,employment,trade,return and social welfare of various countries from a global perspective by embedding the punitive tariff variable into calculable regional equilibrium GSIM model.Then,based on relevant data of global PV manufacturing and trade in 2011 and using GSIM model,the paper conducts a predicative simulation for the economic effects of US anti-dumping and anti-subsidy sanctions against Chinese PV products on China,the US and other countries at the industry level.Simulation result indicates that if the U.S.levies a 34.8%punitive tariff on involved Chinese PV products,China's PV export to the US will be slashed by 57%,US domestic PV output will increase by 10.7%and China and the US will suffer welfare losses in the amounts of 250 million US dollars and 630 million US dollars respectively while the social welfare of other countries will increase to different levels.

  2013年05期 v.8 80-94页 [查看摘要][在线阅读][下载 1205K]
  

Domestic

• Trends on Rural Household Net Income Structure Based on Surveys of Baoding Villages from 1930-1998

  隋福民;韩锋;

  Using the rural survey data preserved by the Chinese Academy of Social Sciences'(CASS) Institute of Economics,this paper analyzes changes in the level and structure of per capita net income in the eleven villages of Baoding Prefecture,Hebei province,over the 1930-1997 periods.According to the surveys,per capita net income level of the villages maintained consistent growth,as indicated by survey data on the years of1930,1936,1957,1986 and 1997,except for 1946 which saw decline,and enjoyed rapid growth particularly in the years of reform and opening-up after 1986.The changes reflect the national trend- sustained decline of the proportion of net income from household operations versus continuous growth of the proportion wages income takes of the whole income.

  2013年05期 v.8 95-108页 [查看摘要][在线阅读][下载 1020K]
  

• How Efficient Is China's Industrial Relocation from East to West?——Evidence from 20 Manufacturing Industries

  周勤;周世军;

  With the acceleration of the rise of central China and the western development drive,industrial relocation from China's eastern region to the central and western regions is in full swing.However,does the relocation demonstrate industrial clustering effect?Empirical studies based on twenty two-digit manufacturing industries in 27 provinces from 2000 to 2009 demonstrate that industrial clustering effect appeared in central and western regions which had undertaken industrial relocation from eastern region;however,the studies do not show excessive administrative interference as evidenced by the significantly improved productivity of the relocated industries.Compared with non-laborintensive manufacturing industries,labor-intensive manufacturing industries are easier to form cyclic accumulative effects.Studies also revealed that improvement in supporting infrastructure,industrial chain and higher labor quality in non-agriculture employment during urbanization are significant for central and western regions to undertake industrial relocation.

  2013年05期 v.8 109-125页 [查看摘要][在线阅读][下载 1801K]
  

China Data

• China Data

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  2013年05期 v.8 126-127页 [查看摘要][在线阅读][下载 135K]
  

• China Industrial Economics

  <正>China Industrial Economics(CIE)is a national academic monthly journal sponsored by the Institute of Industrial Economics of the Chinese Academy of Social Sciences.Committed to exploring theories and facilitating their application,CIE was founded with the mission to publish thg latest research results of industrial

  2013年05期 v.8 128页 [查看摘要][在线阅读][下载 773K]
  

• Supported by Chinese Fund for the Humanities and Social Sciences

  <正>The Chinese economy has been growing rapidly for more than two decades and is forcefully changing the global economic pattern.It seems that the world was ill-prepared for such dramatic changes in China.This has made it even more necessary for China to understand itself and to deepen its knowledge of the rest of the world.In turn,the

  2013年05期 v.8 130页 [查看摘要][在线阅读][下载 392K]
  
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