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Intergenerational impact of early life exposure to trauma: Maternal exposure to the Korean War and risk aversion 早期生活暴露于创伤的代际影响:母亲暴露于朝鲜战争和风险厌恶
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-07-17 DOI: 10.1016/j.jce.2025.06.002
Young-Il Albert Kim , Dongyoung Kim
This paper investigates the intergenerational effects of the Korean War exposure on risk aversion. We find that, in the first generation, the Korean War exposure made only mothers more risk-averse. However, the children of the affected mothers show significant negative intergenerational effects on risk attitudes. Parent-child attachment emerges as the key mechanism, consistent with the psychology literature. Both disassortative mating and differential fertility are ruled out as potential mechanisms, given that the treatment group neither exhibits disassortative mating nor has a different number of siblings. The adverse effects of early-life Korean War exposure on health capital may explain the poor parent–child attachment.
本文研究了朝鲜战争暴露对风险厌恶的代际影响。我们发现,在第一代中,朝鲜战争的影响使只有母亲更厌恶风险。然而,受影响母亲的子女对风险态度表现出显著的负代际影响。亲子依恋是主要的机制,与心理学文献一致。鉴于治疗组既没有表现出异种交配,也没有不同数量的兄弟姐妹,因此排除了异种交配和差异生育作为潜在机制的可能性。幼年时期接触朝鲜战争对健康资本的不利影响可能解释了较差的亲子依恋。
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引用次数: 0
Intellectual property rights protection and firm innovation: Evidence from half million firms in China 知识产权保护与企业创新:来自中国50万家企业的证据
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-07-14 DOI: 10.1016/j.jce.2025.07.003
Bochuan Dai , George Chao Ma , Tao Shen
We examine the impact of intellectual property rights (IPR) protection on local private firm innovation. Using the implementation of local patent dispute jurisdiction in China as exogenous shocks, we show that private firm patenting activities in cities with jurisdiction are significantly higher than those in cities without local jurisdiction. Consistent with our hypotheses, the effect is more prominent for firms in cities that have different cultural disparity from their provincial capital cities and in cities with a better judicial environment. We provide additional evidence that access to capital, innovation efficiency, city development, and industry competition can influence the effect of local IPR protection in the expected way. Our paper highlights the importance of proximity and accessibility to local patent dispute jurisdiction for promoting private firm innovation in China.
我们研究了知识产权保护对本地私营企业创新的影响。以中国地方专利纠纷管辖权的实施为外生冲击,我们发现有地方管辖权的城市的私营企业专利活动显著高于无地方管辖权的城市。与我们的假设一致,在与省会城市文化差异较大的城市和司法环境较好的城市,这种效应更为突出。我们提供了更多的证据,证明资本获取、创新效率、城市发展和行业竞争能够以预期的方式影响当地知识产权保护的效果。本文强调了地方专利纠纷管辖权的接近性和可及性对于促进中国民营企业创新的重要性。
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引用次数: 0
COVID-19 and health inequality: Evidence from risky behaviors COVID-19与卫生不平等:来自危险行为的证据
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-07-05 DOI: 10.1016/j.jce.2025.06.001
Chen Huang , Cong Li , Feng Liu , Sijie Wei , Ruofei Xu
The COVID-19 pandemic has created unprecedented disruption along many dimensions, yet we do not fully understand how it might shape health inequalities. This paper studies the impact of COVID-19 outbreak on health inequality from the perspective of risky behaviors. We adopt the novel synthetic difference-in-differences approach based on longitudinal data in China. The uniqueness of China’s COVID-19 outbreak in 2020 helps disentangle the demand-side reasons from supply-side restrictions. Results show that people with more advantaged backgrounds reduced cigarette and alcohol consumption following the pandemic, while the disadvantaged were little affected. The disparities in risky behaviors are unlikely driven by unequal income reduction and we find null pandemic effect on mental health. However, there is suggestive evidence of heterogeneous responses in social activities and health attention. While social activities may eventually return to the pre-pandemic level, enlarged gap in attention to personal health likely persists, leading to widened health inequality.
2019冠状病毒病大流行在许多方面造成了前所未有的破坏,但我们尚未完全了解它可能如何形成卫生不平等。本文从危险行为的角度研究新冠肺炎疫情对健康不平等的影响。我们采用了基于中国纵向数据的新型综合差中差方法。2020年中国新冠肺炎疫情的独特性有助于将需求侧原因与供应侧限制区分开来。结果显示,在疫情爆发后,背景较好的人减少了香烟和酒精的消费,而背景较差的人则几乎没有受到影响。危险行为的差异不太可能是由不平等的收入减少造成的,我们发现心理健康没有大流行效应。然而,有暗示的证据表明,在社会活动和健康注意异质性反应。虽然社会活动最终可能恢复到大流行前的水平,但对个人健康的关注差距可能会继续扩大,从而导致健康不平等扩大。
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引用次数: 0
Is an ounce of prevention worth a pound of cure? Evidence from a large-scale vaccination experiment in China 一盎司的预防抵得上十分的治疗吗?来自中国大规模疫苗接种实验的证据
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-14 DOI: 10.1016/j.jce.2025.05.006
Yuyu Chen , Eik Leong Swee , Hui Wang , Qingqing Zong
Can publicly-funded immunization programs in developing countries be cost-effective? To answer this, we run a large-scale experiment in China to estimate the cost-effectiveness of influenza and pneumococcal vaccines on elderly patients with chronic obstructive pulmonary diseases (COPD). Vaccinated patients – relative to the control group – experienced improvements in their COPD condition, which led to a substantial decrease in their medical expenditure (public medical insurance reimbursements and out-of-pocket expenses). Our conservative difference-in-differences estimates imply that every dollar spent making vaccination freely available reduced public medical insurance reimbursements by at least 10 to 33 dollars, and reduced total medical expenditure by 15 to 46 dollars. Comparing across beneficiaries, we find that patients aged 70 and above, those with more severe COPD symptoms, and those residing in rural areas, benefitted the most from immunization. Our results shed light on the long-run viability of public immunization programs, and for whom should immunization be prioritized.
发展中国家公共资助的免疫规划是否具有成本效益?为了回答这个问题,我们在中国进行了一项大规模实验,以评估流感和肺炎球菌疫苗对老年慢性阻塞性肺疾病(COPD)患者的成本效益。与对照组相比,接种疫苗的患者的慢性阻塞性肺病病情有所改善,这导致他们的医疗支出(公共医疗保险报销和自付费用)大幅减少。我们保守的差异中差异估计表明,用于免费接种疫苗的每一美元至少减少了10至33美元的公共医疗保险报销,并减少了15至46美元的总医疗支出。通过比较受益人,我们发现70岁及以上的患者、COPD症状更严重的患者以及居住在农村地区的患者从免疫接种中受益最大。我们的研究结果揭示了公共免疫规划的长期可行性,以及哪些人应该优先接种疫苗。
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引用次数: 0
Judicial venality in Old Regime France: A rational choice analysis 法国旧政权下的司法腐败:理性选择分析
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-12 DOI: 10.1016/j.jce.2025.05.005
Bertrand Crettez , Bruno Deffains , Olivier Musy , Ronan Tallec
Venality, i.e., the sale of public positions, was widely used in the judicial sector in France between the 16th and 18th centuries. In a venal system, litigants finance the justice system by paying the judges directly. In France, moreover, the right to judge was sold by the ruler, who indirectly levied part of the legal costs. Here, instead of the state funding justice, justice funds the state. The cost to the King was a loss of control over the judiciary and biased legal decisions. We develop a model of judicial venality and build on this model to provide an analytical narrative of the rise and decline of judicial venality in Old Regime France. Historically, judicial venality enhanced legal capacity whereas the French kings faced with limited opportunities to raise taxes and to borrow. Lack of control over the judiciary, however, led to overly costly and time-consuming trials, resulting in its final demise during the 1789 Revolution.
在16至18世纪之间,法国司法部门广泛使用贪污,即出售公职。在贪污制度中,诉讼当事人通过直接付给法官报酬来为司法系统提供资金。在法国,审判权是由统治者出售的,统治者间接收取部分诉讼费。在这里,不是国家资助司法,而是司法资助国家。国王的代价是失去了对司法的控制和有偏见的法律裁决。我们建立了一个司法腐败的模型,并以此模型为基础,对旧政权法国司法腐败的兴衰进行分析。从历史上看,司法腐败提高了法律能力,而法国国王面临着有限的机会来提高税收和借贷。然而,由于缺乏对司法的控制,导致审判过于昂贵和耗时,最终在1789年大革命中灭亡。
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引用次数: 0
Professional motivation and the quantity–quality trade-off 职业动机与数量-质量权衡
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-09 DOI: 10.1016/j.jce.2025.04.007
J. Michelle Brock
How can professionals be motivated to do better quality work? This paper examines this question through a unique lab-in-the-field experiment on more than 100 judges in a lower middle income country, Tajikistan. I test how judges respond both to monetary bonuses and to anonymous monitoring by peers of the quality of their work. I find that the provision of bonuses leads to much lower quality than in a control group where bonuses are not given. However, offering a bonus while also making work visible to peers motivates the judges to increase both quantity and quality. Random peer monitoring of work is likely triggering concerns about self-image which mitigate the negative effect of bonuses on quality. The results have important implications in labor market settings where strict monitoring of quality is not possible.
如何激励专业人员更好地完成高质量的工作?本文通过对中低收入国家塔吉克斯坦的100多名法官进行独特的现场实验室实验来研究这个问题。我测试了法官对奖金和同行对其工作质量的匿名监督的反应。我发现,与不提供奖金的对照组相比,提供奖金导致的质量要低得多。然而,在提供奖金的同时,让同行看到自己的作品,会激励评委提高作品的数量和质量。随机的同事监督工作可能会引发对自我形象的担忧,从而减轻奖金对工作质量的负面影响。研究结果对无法严格监控质量的劳动力市场环境具有重要意义。
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引用次数: 0
Green retirement: The impact of retirement on carbon emissions through consumption and income dynamics 绿色退休:通过消费和收入动态分析退休对碳排放的影响
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-07 DOI: 10.1016/j.jce.2025.04.002
Wei Huang, Xiaoyan Lei, Chunfeng Zhang
This paper investigates the impact of retirement on carbon emissions, using China's compulsory retirement age policy as an exogenous source of variation. By applying a regression discontinuity design (RDD) to individual-level data, we identify a "green retirement" effect, where retirees reduce their carbon emissions due to income declines and changes in consumption behavior. For men, this reduction primarily stems from a decrease in consumption quantity, while for women, both a reduction in quantity and a shift toward more environmentally friendly consumption play a role. The effect is more pronounced among individuals with higher educational attainment, indicating that socioeconomic factors influence the environmental impact of retirement. These results suggest that demographic shifts could support sustainability efforts by aligning retirement policies with environmental goals.
本文以中国强制退休年龄政策为外源变量,研究退休对碳排放的影响。通过将回归不连续设计(RDD)应用于个人层面的数据,我们确定了“绿色退休”效应,即退休人员由于收入下降和消费行为的变化而减少了碳排放。对男子来说,这种减少主要是由于消费数量的减少,而对妇女来说,数量的减少和转向更环保的消费都起了作用。这一效应在受教育程度较高的个体中更为明显,表明社会经济因素影响退休对环境的影响。这些结果表明,人口结构的变化可以通过调整退休政策与环境目标来支持可持续发展的努力。
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引用次数: 0
Gender minority: A non-pecuniary approach to political capital 性别少数:政治资本的非金钱途径
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-04 DOI: 10.1016/j.jce.2025.05.007
Qingfeng Cai , Dongxu Li , Hao Liu
Social minority benefits from in-group favoritism, and companies may leverage it as a non-pecuniary strategy to access political capital. We examine gendered implications of corporate responses to city-level political turnovers, specifically when the leadership shifts from male to female politician. We show that the politician turnover induces firms headquartered in that city to increase the presence of women on the board of directors, particularly in the chairman or CEO position. This result is unlikely driven by gender equality concerns or other firm characteristics. Firms selecting a female director witness significantly increased financial support from the government. This paper suggests that gender minority can be a subtle way accessing political capital, and boosting female representation can help curb the in-group favoritism.
社会少数群体受益于群体内偏袒,公司可能会利用它作为一种非金钱策略来获取政治资本。我们研究了企业对城市级政治更替的反应的性别含义,特别是当领导从男性转变为女性政治家时。我们表明,政治家的更替促使总部设在该城市的公司增加董事会中女性的存在,特别是在董事长或首席执行官职位上。这一结果不太可能是由性别平等问题或其他公司特征驱动的。选择女性董事的企业得到的政府支援大幅增加。本文认为,性别少数可能是获得政治资本的一种微妙方式,提高女性代表性有助于遏制群体内偏袒。
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引用次数: 0
Can past informality impede registered firms’ access to credit? 过去的非正式会阻碍注册公司获得信贷吗?
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-06-03 DOI: 10.1016/j.jce.2025.05.002
Dorgyles C.M. Kouakou
Using a large firm-level dataset from the World Bank Enterprise Surveys, which covers 134 countries and includes over 134,000 observations, we examine whether past informality affects the credit constraints of registered firms. Estimations, based on the entropy balancing method, indicate that registered firms that began operations informally are more likely to be credit-constrained than those that started in the formal sector. This finding is extremely robust to a variety of robustness tests, including instrumental variable, propensity score matching, alternative balancing methods that combine weighting and regression, potential omitted variables, restricted samples, alternative measures of credit constraints, different specifications such as Linear Probability, Logit, and Probit models, and clustering standard errors at the country level. Heterogeneity analysis reveals that the detrimental impact of past informality lessens with firm size, firm age, and better structural factors like regulatory quality, trade openness, entrepreneurial dynamism, and public spending. Productivity, competition from the informal sector, and the quality of financial statements are key channels through which past informality increases credit constraints for registered firms.
利用世界银行企业调查的大型企业层面数据集(涵盖134个国家,包括134,000多个观察结果),我们研究了过去的非正式性是否会影响注册公司的信贷约束。基于熵平衡法的估计表明,以非正式方式开始运营的注册公司比那些在正式部门开始运营的注册公司更有可能受到信贷限制。这一发现对各种稳健性检验都具有很强的稳健性,包括工具变量、倾向得分匹配、结合加权和回归的替代平衡方法、潜在的遗漏变量、受限样本、信贷约束的替代度量、不同的规范(如线性概率、Logit和Probit模型)以及国家一级的聚类标准误差。异质性分析表明,过去非正式性的有害影响随着企业规模、企业年龄以及监管质量、贸易开放程度、企业活力和公共支出等更好的结构性因素而减弱。生产力、来自非正式部门的竞争和财务报表的质量是过去非正式性增加注册公司信贷限制的关键渠道。
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引用次数: 0
Globalization raises intergenerational inequality transmission in chinese villages 全球化加剧了中国农村代际不平等的传递
IF 3.1 2区 经济学 Q1 ECONOMICS Pub Date : 2025-05-29 DOI: 10.1016/j.jce.2025.05.004
Yewen Yu , Liutang Gong , Junjian Yi
Using China’s accession to World Trade Organization (WTO) in 2001, an epoch in the globalization process in recent decades, as a quasi-experiment, this paper studies the impact of globalization on intergenerational transmission of inequality in Chinese villages. Based on nationally representative rural household survey data, this study documents that the trade shocks brought about by China’s WTO accession has amplified economic inequality across generations in Chinese villages. The WTO accession enhanced international trade between China and the rest of the world by reducing trade barriers. The booming of the export-oriented manufacturing located in coastal and urban areas led to unprecedented rural-to-urban migration in human history. We find that migration leads to large income benefit. We also find that sons from wealthy and better-educated families in rural areas are more likely to grab the job opportunities brought about by the WTO accession and are more likely to migrate, compared with sons from less-wealthy and less-educated families. Policies are called for to address the concern that inequality would be persisting across generations along with globalization.
本文以2001年中国加入世界贸易组织(WTO)为准实验,研究全球化对中国农村不平等代际传递的影响。基于具有全国代表性的农户调查数据,本研究证明了中国加入WTO带来的贸易冲击加剧了中国农村代际经济不平等。加入世贸组织减少了贸易壁垒,促进了中国与世界其他国家之间的国际贸易。沿海和城市地区出口导向型制造业的蓬勃发展,导致了人类历史上前所未有的农村向城市迁移。我们发现移民带来了巨大的收入收益。我们还发现,在农村地区,富裕和受教育程度较高的家庭的儿子比不富裕和受教育程度较低的家庭的儿子更有可能抓住加入WTO带来的工作机会,更有可能迁移。人们担心不平等会随着全球化而在几代人之间持续存在,因此需要制定政策来解决这一问题。
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引用次数: 0
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Journal of Comparative Economics
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