中国经济学人

数据中国

  • New Economy in China:Emerging,Operation and Regulatory Reform

    戚聿东;李颖;

    In the new normal, China must develop a new economy in order to foster new engines of growth. The new economy differs from the traditional economy in many respects,such as its underlying drivers and technical, industrial and organizational characteristics.This paper reveals six aspects of the mechanism of the new economy, including firm entry strategy, new opportunities, market demand, transition of production factors, industry support and the role of the government. In addition, the operation of the new economy is explained in terms of its underlying drivers, internal operations and external environment.In the new economy, fundamental changes have occurred in monopoly, information asymmetry, externalities, public goods and information security necessitating a new regulatory approach. Regulatory reform is therefore inevitable. China should steadfastly transition from regulatory tightening to deregulation, from economic regulation to social regulation, from discriminatory regulation to fair competition, from the positive list to the negative list, from ex-ante review and approval to ex-post supervision, and from specialized regulation to integrated regulation. Innovations must be encouraged through the use of"regulatory sandboxes."

    2019年02期 v.14 2-13页 [查看摘要][在线阅读][下载 347K]
  • Empirical Analysis of China's Service Sector Development and Strategic Transition

    凌永辉;刘志彪;

    Since reform and opening-up in 1978, the service sector has become the largest industry in China's economy. Compared with developed countries, however, China's service sector, especially modern services, remains rather undeveloped in terms of its aggregate size and internal industrial structure. The underlying reason is that the international OEM model under an export-oriented strategy created both technology spillovers and crowdingout effects on domestic service firms. With the deepening global division of work, such a market crowding-out effect is outweighing the technology spillover effect. This paper suggests that China's service sector must shift towards a domestic consumption-based strategy, utilize domestic and foreign production factors, and promote service sector innovation and development in differentiated monopolistic competition.

    2019年02期 v.14 14-24页 [查看摘要][在线阅读][下载 309K]
  • Multidimensional Poverty and Poverty Reduction Policies in Rural China during 1995-2013

    詹鹏;沈扬扬;李实;

    Using the multidimensional poverty index(MPI), this paper measures the intertemporal change in poverty in China's rural areas during 1995-2013, decomposes major poverty reduction factors, and creates a correlation between poverty reduction factors and national pro-farmer and poverty reduction policies. Our findings suggest that multidimensional poverty has been greatly alleviated in rural China on all fronts beyond the income dimension. Specifically, the burden of out-of-pocket medical expenses contributed the most to the overall poverty of farmers in the 1990s; this gap was subsequently mitigated by the New Rural Cooperative Medical Insurance System. Lack of economic empowerment-the second most prominent manifestation of poverty two decades ago-has been alleviated with public welfare improvements. In the present stage, health and healthcare are the primary difficulties facing poor farmers multidimensionally. Sub-groups such as elders,those less educated and those living in western China or in poor counties suffer from a high degree of poverty. This implies that multidimensional poverty is concentrated among the underprivileged groups and in less developed regions, whom should be policy priorities.Robustness tests suggest that the paper's conclusion still holds after changing the proxy variables of the subdimensions, revising weights or removing some dimensions.

    2019年02期 v.14 25-38页 [查看摘要][在线阅读][下载 425K]
  • Achievements and Outlook of China's Multidimensional Poverty Reduction

    陈燕凤;夏庆杰;

    Since the founding of the People's Republic of China in 1949, the Chinese government has made great achievements in reducing poverty through human capital development(education, healthcare, gender equality, maternal and infant health, and prevention and treatment of iodine deficiency), infrastructure construction(transportation,electric power, ICT application and access to safe drinking water), improvement of living conditions(toilet hygiene, stove renovation and resettlement) and rural social security("five-guarantees" system, subsistence allowance, rural pension insurance, natural disaster relief and agricultural insurance). Since the 18th CPC National Congress in 2012, the Chinese government has made remarkable progress in eradicating poverty and enhancing village governance. However, serious challenges will still exist after China's poverty eradication in 2020 and may lead to re-impoverishment.

    2019年02期 v.14 39-51页 [查看摘要][在线阅读][下载 388K]
  • Development in China's Ethnic Minority Regions:Progress, Inadequacies and Solutions

    王延中;宁亚芳;

    Since the dawn of the new era, significant progress has been made in the economic, political, cultural, social and ecological development of China's ethnic minority regions under the strategy to "build a moderately prosperous society in all respects,deepen reform, implement the rule of law, and strengthen Party discipline." Nevertheless,in order to fully satisfy the growing needs of people in ethnic minority regions, China must continuously promote endogenous development, rural income growth, skills training,urbanization, poverty reduction effectiveness, social governance and the common values of the Chinese nation, and address the issues related to imbalanced and insufficient development. In light of China's goal to complete the building of a moderately prosperous society in all respects for people of all ethnic groups and regions, this paper raises policy recommendations to enhance skills training and vocational education, promote fair access to basic public services, enhance targeted poverty reduction in deeply poor regions, create a public cultural service system involving diverse stakeholders, increase the fairness of ethnic policy for people of different ethnic groups and regions, and balance the relationship between ecological protection and economic development in ethnic minority regions.

    2019年02期 v.14 52-65页 [查看摘要][在线阅读][下载 394K]
  • County-Level Tax Sharing:A Statistical Basis for Measuring China's Fiscal Decentralization

    毛捷;吕冰洋;陈佩霞;

    Controversies exist in literature regarding what indicators should be employed to measure China's fiscal decentralization. This paper measures China's fiscal decentralization by the sharing ratios of county-level VAT and corporate income tax(CIT). This approach avoids such problems as homogeneous denominator, and reflects the intricate interactions between governments at different levels. Based on extensive sources including the National Fiscal Statistical Information at Prefecture and County Levels and China County(City) Socio-Economic Statistical Yearbook over the 1998-2007 period, our estimation and analysis led to the following findings:(1) Since 2002, counties have retained a falling share of revenues;(2) a multidimensional horizontal comparison reveals a pattern in the county-level tax sharing ratio, i.e. counties in central and eastern regions retain a higher share of tax revenues compared with those in western and northwestern regions.These findings explain the fiscal difficulties at the grassroots level, and can be used to conduct a quantitative analysis of the determinants and economic effects of China's fiscal decentralization."

    2019年02期 v.14 66-80页 [查看摘要][在线阅读][下载 505K]
  • Rural Migrant Workers' Welfare and Labor Protection in China under the Labor Contract Law

    杜鹏程;徐舒;吴明琴;

    This paper employs difference-in-differences(DID) approach to evaluate the effects of China's Labor Contract Law's implementation on rural migrant workers' welfare.Our findings suggest that the Labor Contract Law has reduced rural migrant workers' working hours by 23%, and increased their social insurance coverage by 10% to 26%. This conclusion holds true after removal of sample selection bias and policy expectation factor.Further analysis reveals that Labor Contract Law's welfare improvement effect was more significant for migrant workers in regions where workers had poor bargaining power. Other economic factors during the same period of time did not affect the law's labor protection effect. Our findings give a clear answer to controversies over whether the Labor Contract Law can improve labor rights for underprivileged groups, and are of reference value for developing labor protection systems.

    2019年02期 v.14 81-94页 [查看摘要][在线阅读][下载 445K]
  • Characteristics and Determinants of the Proportion of China's Trade by Air

    逯建;张龙;杨昊擎;

    Based on the China Customs Database and the China Industrial Enterprises Database, this paper estimates the proportions of imports and exports by air of Chinese firms and variables that may influence such proportions. Through OLS regression and seemingly unrelated regression(SUR), this paper analyzes the possible determinants of the share of trade by air. Our findings suggest that the TFP of firms is positively correlated with the share of trade by air. The ratio of value-added in exports is positively correlated with the share of imports by air and negatively correlated with the share of exports by air; the average distance of transport is significantly positively correlated with the share of trade by air in full-sample and grouped regressions. Rising TFP increases the share of imports and exports by air the most for processing trade firms, particularly for firms in the eastern region and foreign-funded firms. An increase in the ratio of value-added in exports increases the share of imports by air the most for general trade firms, and also significantly influences the use of air transport by firms in the eastern region and foreign-funded firms. These conclusions offer valuable policy references for promoting trade in various parts of China and especially the inland regions.

    2019年02期 v.14 95-112页 [查看摘要][在线阅读][下载 419K]
  • Social Sciences in China

    <正>Social Sciences in China is a peer-reviewed Quarterly academic journal published since 1980 by the Social Science in China Press on behalf of the Chinese Academy of Social Sciences. It is the foremost

    2019年02期 v.14 113页 [查看摘要][在线阅读][下载 1795K]
  • Profit Constraint, Ownership Structure and Indigenous Innovation

    李勇;

    Under a logical self-consistent theoretical framework, this paper discusses SOEs' innovation efficiency and innovation conundrum facing Chinese local firms. By creating a theoretical model of endogenous technology level, this paper finds that credit discrimination and soft budget constraint have both a crowding out effect and compensatory effect on corporate innovation. When firms engage in less profitable innovation, the compensatory effect outweighs crowding out effect, and a higher share of SOEs will promote the overall level of innovation. On the contrary, when firms engage in more profitable innovation, the compensatory effect is smaller than crowding out effect, and a higher share of SOEs will diminish overall innovation. In this sense, SOE innovation exhibits a threshold characteristic. Then, this paper carries out an empirical test using the inter-provincial panel data of 1997-2013, which proves our assumption. Finally, this paper arrives at conclusions and policy implications.

    2019年02期 v.14 114-129页 [查看摘要][在线阅读][下载 712K]
  • New-look China Economist for 2019 SUBSCRIBE now!

    <正>《中国经济学人》创刊于2006年3月,由中国社会科学院主管,向世界介绍中国经济学和管理学的最新学术进展,发表关于中国经济的原创性学术论文和研究报告。《中国经济学人》已经加入美国经济学会EconLit, EBSCO以及ProQuest学术期刊数据库。

    2019年02期 v.14 132页 [查看摘要][在线阅读][下载 2344K]
  • 中國工業經濟

    <正>《中国工业经济》,原名《中国工业经济学报》,1984年由著名经济学家蒋一苇创办。现为中国社会科学院主管、中国社会科学院工业经济研究所主办,是全国产业经济、企业管理领域的权威学术期刊。本刊大16开本,160页整,整个设计简洁、大气、厚重。

    2019年02期 v.14 133页 [查看摘要][在线阅读][下载 3179K]
  • 中国经济学人(英文)

    <正>Supported by Chinese Fund for the Humanities and Social SciencesThe Chinese economy has been growing rapidly for more than two decades and is forcefully changing the global economic pattern.

    2019年02期 v.14 134页 [查看摘要][在线阅读][下载 430K]
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