Pub Date : 2025-12-09DOI: 10.1016/j.strueco.2025.12.007
Su Wang , Anqi Yu , Yueji Xin
As one of the largest sulfur dioxide (SO₂) emitters in the world, China has long been under pressure to reduce its SO₂ emission. The total amount of SO₂ emissions in China grew continuously between 2000 and 2006 and has been decreasing since. The total SO₂ emission of the manufacturing industry has remained stable, while Gross Domestic Product and manufacturing gross output have maintained sustained growth. In this study, we explored the factors underlying these opposite trends by decomposing total SO₂ emission changes of the manufacturing industry to the micro firm level. Results show that: (1) the scale effect is unambiguously positive; (2) the composition effect varies with the decomposition dimension; (3) the substitution effect, which reflects value-added share change, varies with both decomposition dimension and study period; and (4) the technique effect (the combined effect of energy intensity and pollution energy consumption share changes) is consistently negative. In view of future uncertainties, it is only by consolidating the technique effect that total SO₂ emission can be reduced effectively. These results on the channels affecting SO₂ emission can be used as a reference in the design of policies to effectively reduce SO₂ emissions from the manufacturing industry.
{"title":"Structural decomposition analysis of the SO2 emissions of China’s manufacture across the sector, sub-sector, and firm levels","authors":"Su Wang , Anqi Yu , Yueji Xin","doi":"10.1016/j.strueco.2025.12.007","DOIUrl":"10.1016/j.strueco.2025.12.007","url":null,"abstract":"<div><div>As one of the largest sulfur dioxide (SO₂) emitters in the world, China has long been under pressure to reduce its SO₂ emission. The total amount of SO₂ emissions in China grew continuously between 2000 and 2006 and has been decreasing since. The total SO₂ emission of the manufacturing industry has remained stable, while Gross Domestic Product and manufacturing gross output have maintained sustained growth. In this study, we explored the factors underlying these opposite trends by decomposing total SO₂ emission changes of the manufacturing industry to the micro firm level. Results show that: (1) the scale effect is unambiguously positive; (2) the composition effect varies with the decomposition dimension; (3) the substitution effect, which reflects value-added share change, varies with both decomposition dimension and study period; and (4) the technique effect (the combined effect of energy intensity and pollution energy consumption share changes) is consistently negative. In view of future uncertainties, it is only by consolidating the technique effect that total SO₂ emission can be reduced effectively. These results on the channels affecting SO₂ emission can be used as a reference in the design of policies to effectively reduce SO₂ emissions from the manufacturing industry.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 183-194"},"PeriodicalIF":5.5,"publicationDate":"2025-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145790696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-12-08DOI: 10.1016/j.strueco.2025.12.005
Sinuo Wang, Chu Wei
This study examines the productivity effects of China's Specialized, Refined, Differential, and Innovative (SRDI) industrial policy, a nationwide certification program for small and medium-sized enterprises. Using comprehensive financial data from Chinese A-share listed firms (2017–2023) and a staggered difference-in-differences design, we document three main findings. First, SRDI certification causes a 2.8 % increase in total factor productivity, robust to multiple identification strategies. Second, the productivity gains are driven by enhanced innovation activities and improved managerial efficiency. Third, heterogeneous treatment effects are more pronounced for firms in regions with favorable business environments and those operating in high-end manufacturing industries. These findings contribute to a more comprehensive understanding of the certification program, provide a replicable mode of industrial policy design, and advocate precision policy implementation.
{"title":"How certification programs boost SME productivity: Evidence from China’s targeted industrial policy","authors":"Sinuo Wang, Chu Wei","doi":"10.1016/j.strueco.2025.12.005","DOIUrl":"10.1016/j.strueco.2025.12.005","url":null,"abstract":"<div><div>This study examines the productivity effects of China's <em>Specialized, Refined, Differential, and Innovative</em> (SRDI) industrial policy, a nationwide certification program for small and medium-sized enterprises. Using comprehensive financial data from Chinese A-share listed firms (2017–2023) and a staggered difference-in-differences design, we document three main findings. First, SRDI certification causes a 2.8 % increase in total factor productivity, robust to multiple identification strategies. Second, the productivity gains are driven by enhanced innovation activities and improved managerial efficiency. Third, heterogeneous treatment effects are more pronounced for firms in regions with favorable business environments and those operating in high-end manufacturing industries. These findings contribute to a more comprehensive understanding of the certification program, provide a replicable mode of industrial policy design, and advocate precision policy implementation.</div><div>Classification: O25, D22, O38, H25, L25</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 152-170"},"PeriodicalIF":5.5,"publicationDate":"2025-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145737276","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-12-07DOI: 10.1016/j.strueco.2025.12.002
Jiayang Zou , Ming Zhang , Xiangfei Kong
Trade in services is rapidly expanding its influence around the world and has become an important link for economic cooperation and structural change among countries. Countries are increasingly integrated into the service global value chain (GVC), and how to absorb trade gains more efficiently in the process of exporting services has become the focus of their attention. The expansion of the Information Technology Agreement (ITA-2) promotes trade liberalization of information technology (IT) products among participating countries, which could impact service value chains. The theoretical analysis of this paper shows that the trade liberalization of IT products was conducive to increasing the domestic value-added ratio (DVAR) of service exports. The improvement in productivity and the localization of information service procurement constituted the specific mechanism of this connection. Based on the quasi-natural experiment of ITA-2, this paper employs empirical analysis of data from 74 countries (or regions) between 2009 and 2020 to validate the theoretical hypothesis. The heterogeneity analysis reveals that the policy effects were significant in low- and middle-income countries and Asian and European countries. Sectors including transportation, professional activities and education etc. were affected by the policy. The moderating effect reveals that the ICT development level and downstreamness of the value chain of countries positively moderated the policy effect. The research in this paper can provide a reference for developing countries to explore how to occupy a favourable position in the distribution of service GVC by opening up to the outside world.
{"title":"Trade liberalization of IT products and domestic value-added ratio of service exports: A quasi-natural experiment based on the ITA expansion","authors":"Jiayang Zou , Ming Zhang , Xiangfei Kong","doi":"10.1016/j.strueco.2025.12.002","DOIUrl":"10.1016/j.strueco.2025.12.002","url":null,"abstract":"<div><div>Trade in services is rapidly expanding its influence around the world and has become an important link for economic cooperation and structural change among countries. Countries are increasingly integrated into the service global value chain (GVC), and how to absorb trade gains more efficiently in the process of exporting services has become the focus of their attention. The expansion of the Information Technology Agreement (ITA-2) promotes trade liberalization of information technology (IT) products among participating countries, which could impact service value chains. The theoretical analysis of this paper shows that the trade liberalization of IT products was conducive to increasing the domestic value-added ratio (DVAR) of service exports. The improvement in productivity and the localization of information service procurement constituted the specific mechanism of this connection. Based on the quasi-natural experiment of ITA-2, this paper employs empirical analysis of data from 74 countries (or regions) between 2009 and 2020 to validate the theoretical hypothesis. The heterogeneity analysis reveals that the policy effects were significant in low- and middle-income countries and Asian and European countries. Sectors including transportation, professional activities and education etc. were affected by the policy. The moderating effect reveals that the ICT development level and downstreamness of the value chain of countries positively moderated the policy effect. The research in this paper can provide a reference for developing countries to explore how to occupy a favourable position in the distribution of service GVC by opening up to the outside world.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 262-281"},"PeriodicalIF":5.5,"publicationDate":"2025-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145883586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-12-06DOI: 10.1016/j.strueco.2025.12.004
Qiuping Li , Sanmang Wu , Jianchun Fang , Quanwen Liu , Shantong Li
Global Value Chains (GVCs) division of labor has become a crucial link connecting global economies. The increasing fragmentation and specialization of GVCs necessitate a precise evaluation of countries’ participation in international production networks. As structural changes in GVCs intensify, China’s integration into global production, in terms of both participation and position, has undergone profound transformation. This study examines the structural characteristics and temporal evolution of China’s GVC integration from the heterogeneous perspective of general trade and processing trade. It explores inter-industry production linkages and China’s value chain relationships with upstream and downstream trading partners. The key findings are as follows. First, most Chinese manufacturing sectors engage in GVCs primarily through backward linkages, relying on foreign-sourced intermediate inputs in export production, thus remaining in relatively downstream segments of the value chain. Nonetheless, there is a notable upward trend in China’s GVC position, indicating gradual structural upgrading. Second, China’s manufacturing GVC trade is increasingly diversified. The production network has evolved from regional concentration toward broader global diffusion, with deepening interdependence, particularly between China and other developing economies. Third, there has been a marked shift from processing trade to general trade, accompanied by distinct sectoral composition and GVC integration patterns across trade modes. This transformation is reshaping China’s trade regime and the depth of its international cooperation within GVCs. These results provide important policy implications for China’s efforts to optimize its trade structure, enhance its position in global production networks, and promote industrial upgrading through strategic integration into GVCs.
{"title":"Structural changes and trend evolution of China’s integration into global value chains under heterogeneous trade modes","authors":"Qiuping Li , Sanmang Wu , Jianchun Fang , Quanwen Liu , Shantong Li","doi":"10.1016/j.strueco.2025.12.004","DOIUrl":"10.1016/j.strueco.2025.12.004","url":null,"abstract":"<div><div>Global Value Chains (GVCs) division of labor has become a crucial link connecting global economies. The increasing fragmentation and specialization of GVCs necessitate a precise evaluation of countries’ participation in international production networks. As structural changes in GVCs intensify, China’s integration into global production, in terms of both participation and position, has undergone profound transformation. This study examines the structural characteristics and temporal evolution of China’s GVC integration from the heterogeneous perspective of general trade and processing trade. It explores inter-industry production linkages and China’s value chain relationships with upstream and downstream trading partners. The key findings are as follows. First, most Chinese manufacturing sectors engage in GVCs primarily through backward linkages, relying on foreign-sourced intermediate inputs in export production, thus remaining in relatively downstream segments of the value chain. Nonetheless, there is a notable upward trend in China’s GVC position, indicating gradual structural upgrading. Second, China’s manufacturing GVC trade is increasingly diversified. The production network has evolved from regional concentration toward broader global diffusion, with deepening interdependence, particularly between China and other developing economies. Third, there has been a marked shift from processing trade to general trade, accompanied by distinct sectoral composition and GVC integration patterns across trade modes. This transformation is reshaping China’s trade regime and the depth of its international cooperation within GVCs. These results provide important policy implications for China’s efforts to optimize its trade structure, enhance its position in global production networks, and promote industrial upgrading through strategic integration into GVCs.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 139-151"},"PeriodicalIF":5.5,"publicationDate":"2025-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145737277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-12-01DOI: 10.1016/j.strueco.2025.09.002
Zhifu Mi , Mario Pianta
Artificial intelligence (AI) is rapidly transforming the landscape of our economy and society, significantly impacting industries such as automotive, finance, manufacturing, and healthcare. As a revolutionary innovation in computer science, AI is poised to become a central component of modern society in the coming decades, presenting both opportunities and risks to national and global economies. This virtual special issue features a selection of academic articles that examine the impact of AI on the economy and society from three key perspectives: employment, enterprise efficiency, and innovation.
{"title":"Artificial Intelligence (AI), innovation, and economy","authors":"Zhifu Mi , Mario Pianta","doi":"10.1016/j.strueco.2025.09.002","DOIUrl":"10.1016/j.strueco.2025.09.002","url":null,"abstract":"<div><div>Artificial intelligence (AI) is rapidly transforming the landscape of our economy and society, significantly impacting industries such as automotive, finance, manufacturing, and healthcare. As a revolutionary innovation in computer science, AI is poised to become a central component of modern society in the coming decades, presenting both opportunities and risks to national and global economies. This virtual special issue features a selection of academic articles that examine the impact of AI on the economy and society from three key perspectives: employment, enterprise efficiency, and innovation.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"75 ","pages":"Pages 996-997"},"PeriodicalIF":5.5,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145623211","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper examines how organizational dispersion affects the economic performance of business units in multi-unit firms. When expanding operations, firms must balance the advantages of close oversight and control with the need to place units in locations that provide strategic resources or better access to markets. While managers are expected to weigh these trade-offs carefully, they may underestimate the challenges of managing and coordinating dispersed units, which can lead to inefficiencies that negatively impact performance. Using a large sample of 40,946 European business groups controlling approximately 107,000 subsidiaries, we analyze the factors that influence subsidiary performance in the context of organizational dispersion. Our findings suggest that organizational dispersion, measured as spatial distance between the headquarter and its business units, has a negative impact on subsidiary performance. Finally, we explore some potential mechanisms behind these effects.
{"title":"Organizational dispersion and economic performance in multi-unit firms","authors":"Giulio Cainelli , Valentina Giannini , Donato Iacobucci","doi":"10.1016/j.strueco.2025.11.010","DOIUrl":"10.1016/j.strueco.2025.11.010","url":null,"abstract":"<div><div>This paper examines how organizational dispersion affects the economic performance of business units in multi-unit firms. When expanding operations, firms must balance the advantages of close oversight and control with the need to place units in locations that provide strategic resources or better access to markets. While managers are expected to weigh these trade-offs carefully, they may underestimate the challenges of managing and coordinating dispersed units, which can lead to inefficiencies that negatively impact performance. Using a large sample of 40,946 European business groups controlling approximately 107,000 subsidiaries, we analyze the factors that influence subsidiary performance in the context of organizational dispersion. Our findings suggest that organizational dispersion, measured as spatial distance between the headquarter and its business units, has a negative impact on subsidiary performance. Finally, we explore some potential mechanisms behind these effects.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 44-65"},"PeriodicalIF":5.5,"publicationDate":"2025-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145691788","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-11-29DOI: 10.1016/j.strueco.2025.11.009
Xiaoxu Zhang , Jiale Li , Yuze Li , Kunfu Zhu , Jian Xu , Shouyang Wang
Trade policy uncertainty under the Trump administration has triggered structural shifts in global production networks, with uneven effects across emerging economies. Using U.S.China reciprocal tariffs as a case, we apply a global multi-regional input-output model coupled with trade network analysis to assess short-term disruptions and medium-term relocation trends. Our findings highlight three key patterns: (1) Short-term reciprocal tariffs cause uneven shocks, with economies more integrated into U.S.centered networks experiencing milder impacts than China-linked ones; (2) Medium-term restructuring benefits countries closer to advanced economies, with India gaining prominence as a manufacturing and supply chain participant; (3) Sectoral shifts show India's growth in technology-intensive sectors alongside contraction in traditional East Asian hubs. These findings indicate that trade policy uncertainty serves as a structural catalyst for reconfiguring global production, driven not solely by cost but also by alignment, resilience, and institutional capacity.
{"title":"U.S. Trade policy and the restructuring of global production networks: A case study of industrial relocation from China to India","authors":"Xiaoxu Zhang , Jiale Li , Yuze Li , Kunfu Zhu , Jian Xu , Shouyang Wang","doi":"10.1016/j.strueco.2025.11.009","DOIUrl":"10.1016/j.strueco.2025.11.009","url":null,"abstract":"<div><div>Trade policy uncertainty under the Trump administration has triggered structural shifts in global production networks, with uneven effects across emerging economies. Using U.S.China reciprocal tariffs as a case, we apply a global multi-regional input-output model coupled with trade network analysis to assess short-term disruptions and medium-term relocation trends. Our findings highlight three key patterns: (1) Short-term reciprocal tariffs cause uneven shocks, with economies more integrated into U.S.centered networks experiencing milder impacts than China-linked ones; (2) Medium-term restructuring benefits countries closer to advanced economies, with India gaining prominence as a manufacturing and supply chain participant; (3) Sectoral shifts show India's growth in technology-intensive sectors alongside contraction in traditional East Asian hubs. These findings indicate that trade policy uncertainty serves as a structural catalyst for reconfiguring global production, driven not solely by cost but also by alignment, resilience, and institutional capacity.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 66-79"},"PeriodicalIF":5.5,"publicationDate":"2025-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145691789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-11-27DOI: 10.1016/j.strueco.2025.11.006
Francisco H.G. Ferreira , Domenico Moramarco , Vito Peragine
According to the Kuznets hypothesis, inequality first tends to increase and then decrease as a country develops. Whether borne out empirically, this inverted-U Kuznets curve, as a stylized ‘fact’, has shaped the discourse on economic development and income inequality for decades. In this paper we investigate whether a similar relationship holds between national income per capita and inequality of opportunity: the inequality associated with inherited individual circumstances such as gender, ethnicity, and family background. As, empirically, inequality of opportunity is positively correlated with income inequality (a relationship known as the ‘Great Gatsby’ curve), the relationship between inequality of opportunity and ‘development’ is expected to display the same inverted-U shape. We suggest that the existence of a Kuznets inequality of opportunity curve can be the result of a ‘triangular’ relationship between development, income inequality, and inequality of opportunity. We then draw on the newly published Global Estimates of Opportunity and Mobility database to shed new light on this ‘triangular’ relationship, primarily in a cross-sectional context.
{"title":"Economic development and inequality of opportunity: Kuznets meets the Great Gatsby?","authors":"Francisco H.G. Ferreira , Domenico Moramarco , Vito Peragine","doi":"10.1016/j.strueco.2025.11.006","DOIUrl":"10.1016/j.strueco.2025.11.006","url":null,"abstract":"<div><div>According to the Kuznets hypothesis, inequality first tends to increase and then decrease as a country develops. Whether borne out empirically, this inverted-U Kuznets curve, as a stylized ‘fact’, has shaped the discourse on economic development and income inequality for decades. In this paper we investigate whether a similar relationship holds between national income per capita and inequality of opportunity: the inequality associated with inherited individual circumstances such as gender, ethnicity, and family background. As, empirically, inequality of opportunity is positively correlated with income inequality (a relationship known as the ‘Great Gatsby’ curve), the relationship between inequality of opportunity and ‘development’ is expected to display the same inverted-U shape. We suggest that the existence of a Kuznets inequality of opportunity curve can be the result of a ‘triangular’ relationship between development, income inequality, and inequality of opportunity. We then draw on the newly published Global Estimates of Opportunity and Mobility database to shed new light on this ‘triangular’ relationship, primarily in a cross-sectional context.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 94-114"},"PeriodicalIF":5.5,"publicationDate":"2025-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145691683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-11-27DOI: 10.1016/j.strueco.2025.11.008
Ruixue Wang , Jiancheng Chen , Ze Han , Chao An , Wanting Bai , Xiangzheng Deng
This paper extends the analytical framework for measuring total factor productivity (TFP) in grain production by incorporating the environmental constraints related to pollution emissions. Employing a growth accounting approach, we decompose environmentally adjusted grain output growth into the contributions of labor, productive capital, and natural resource capital. This comprehensive indicator system provides a more nuanced understanding of the drivers of grain output growth while evaluating its long-term sustainability. Using panel data from 31 Chinese provinces from 2000 to 2021, the analysis integrates pollution emissions associated with grain production. The findings reveal a gradual decline in the dependence on agricultural chemicals, indicating a structural shift from traditional factor inputs toward green total factor productivity (GTFP) as the main engine of growth. Industry structural, human capital, and income level are shown to influence to the GTFP growth, suggesting that social and institutional factors play a key role in shaping GTFP trajectories. Significant regional heterogeneity is observed in both the contributions of production factors and their decomposition characteristics. In eastern regions such as Beijing, Tianjin, and Shanghai, the annual average growth in grain output is primarily driven by GTFP improvements. Labor input contributes significantly to more developed regions including Beijing, Shanghai, Zhejiang, Fujian, and Chongqing. Conversely, productive capital input plays a greater role in the central, western, and northeastern regions, with natural resource capital makes relatively higher contributions in the northeastern provinces.
{"title":"Assessing structural changes in factor contributions to green productivity growth in China's grain sector","authors":"Ruixue Wang , Jiancheng Chen , Ze Han , Chao An , Wanting Bai , Xiangzheng Deng","doi":"10.1016/j.strueco.2025.11.008","DOIUrl":"10.1016/j.strueco.2025.11.008","url":null,"abstract":"<div><div>This paper extends the analytical framework for measuring total factor productivity (TFP) in grain production by incorporating the environmental constraints related to pollution emissions. Employing a growth accounting approach, we decompose environmentally adjusted grain output growth into the contributions of labor, productive capital, and natural resource capital. This comprehensive indicator system provides a more nuanced understanding of the drivers of grain output growth while evaluating its long-term sustainability. Using panel data from 31 Chinese provinces from 2000 to 2021, the analysis integrates pollution emissions associated with grain production. The findings reveal a gradual decline in the dependence on agricultural chemicals, indicating a structural shift from traditional factor inputs toward green total factor productivity (GTFP) as the main engine of growth. Industry structural, human capital, and income level are shown to influence to the GTFP growth, suggesting that social and institutional factors play a key role in shaping GTFP trajectories. Significant regional heterogeneity is observed in both the contributions of production factors and their decomposition characteristics. In eastern regions such as Beijing, Tianjin, and Shanghai, the annual average growth in grain output is primarily driven by GTFP improvements. Labor input contributes significantly to more developed regions including Beijing, Shanghai, Zhejiang, Fujian, and Chongqing. Conversely, productive capital input plays a greater role in the central, western, and northeastern regions, with natural resource capital makes relatively higher contributions in the northeastern provinces.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 80-93"},"PeriodicalIF":5.5,"publicationDate":"2025-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145691790","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-11-26DOI: 10.1016/j.strueco.2025.11.007
Ján Boháčik
This study examines the effects of household indebtedness, income inequality, and asset dynamics on household consumption across 11 developed OECD countries from 1995 to 2021. The methodology includes a fixed effects model with Driscoll-Kraay standard errors and a panel VAR (PVAR) model with a GMM estimator. This research is the first to integrate household consumption, indebtedness, income inequality, and household assets into a single model to estimate these effects on consumption. It also investigates how income inequality impacts indebtedness. Contrary to previous findings, the analysis reveals that increases in household debt and income inequality do not necessarily reduce consumption. The expected positive impact of financial and net assets on consumption was not proven. While non-financial assets (e.g., housing) boost consumption in the short run via collateral effects, this influence turns negative over longer horizons. Moreover, the anticipated positive relationship between income inequality and household indebtedness was not confirmed.
{"title":"Do indebtedness, income inequality and asset dynamics affect household consumption? Evidence from 11 OECD countries","authors":"Ján Boháčik","doi":"10.1016/j.strueco.2025.11.007","DOIUrl":"10.1016/j.strueco.2025.11.007","url":null,"abstract":"<div><div>This study examines the effects of household indebtedness, income inequality, and asset dynamics on household consumption across 11 developed OECD countries from 1995 to 2021. The methodology includes a fixed effects model with Driscoll-Kraay standard errors and a panel VAR (PVAR) model with a GMM estimator. This research is the first to integrate household consumption, indebtedness, income inequality, and household assets into a single model to estimate these effects on consumption. It also investigates how income inequality impacts indebtedness. Contrary to previous findings, the analysis reveals that increases in household debt and income inequality do not necessarily reduce consumption. The expected positive impact of financial and net assets on consumption was not proven. While non-financial assets (e.g., housing) boost consumption in the short run via collateral effects, this influence turns negative over longer horizons. Moreover, the anticipated positive relationship between income inequality and household indebtedness was not confirmed.</div></div>","PeriodicalId":47829,"journal":{"name":"Structural Change and Economic Dynamics","volume":"76 ","pages":"Pages 115-138"},"PeriodicalIF":5.5,"publicationDate":"2025-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145737278","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}