Pub Date : 2025-01-23DOI: 10.1016/j.chieco.2025.102355
Wenyue Cui
The shadow and spillover effects of large cities are critical for achieving balanced regional economic development. However, empirical studies that explore how major cities influence the innovation growth of their neighboring cities are scarce. This study employs panel data from Chinese cities covering the period from 1996 to 2018 to empirically assess the impact of proximity to cities with comparative innovation advantages on local innovation growth. Our results reveal that until 2005, proximity to innovative core cities negatively affected local innovation growth. This adverse effect gradually diminished over time, becoming significantly positive after 2010. Furthermore, the advent of high-speed rail has played a pivotal role in mitigating the negative impacts of nearby innovative core cities. These findings offer fresh insights into regional innovation ecosystem dynamics and underscore the transformative role of infrastructural developments in bolstering urban innovation capacities.
{"title":"Shadow and spillover: The influence of neighboring innovative cities on regional innovation growth","authors":"Wenyue Cui","doi":"10.1016/j.chieco.2025.102355","DOIUrl":"10.1016/j.chieco.2025.102355","url":null,"abstract":"<div><div>The shadow and spillover effects of large cities are critical for achieving balanced regional economic development. However, empirical studies that explore how major cities influence the innovation growth of their neighboring cities are scarce. This study employs panel data from Chinese cities covering the period from 1996 to 2018 to empirically assess the impact of proximity to cities with comparative innovation advantages on local innovation growth. Our results reveal that until 2005, proximity to innovative core cities negatively affected local innovation growth. This adverse effect gradually diminished over time, becoming significantly positive after 2010. Furthermore, the advent of high-speed rail has played a pivotal role in mitigating the negative impacts of nearby innovative core cities. These findings offer fresh insights into regional innovation ecosystem dynamics and underscore the transformative role of infrastructural developments in bolstering urban innovation capacities.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102355"},"PeriodicalIF":5.2,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-23DOI: 10.1016/j.chieco.2025.102356
Yun Shen , Di Zeng , Alec Zuo
Income mobility is crucial in dismantling social stratification and fostering social integration. Facilitated by a balanced panel dataset comprising 792 rural households from 1986 to 2020 in Sichuan province, China, this study seeks to assess the impact of agricultural input allocation on rural households' income mobility. A multi-level differentiated polarization index is constructed to capture the dynamic characteristics of farmers' income polarization. Shapley value decomposition is used to breakdown farmers' income polarization index according to the source of income. Based on these, panel data econometric modelling is further utilized to answer the research question. It is found that optimal allocation of agricultural inputs fosters income mobility and mitigates income polarization. Misallocation in agricultural inputs, especially labour and intermediate products, substantially elevate the income polarization level for about one third of rural households. However, mediation analysis reveals that the surge in off-farm employment alters the income mobility structure by shifting the source of income polarization from agricultural income to off-farm income. Elevating the proportion of off-farm employment among rural households and accelerating agricultural socialization services can therefore help optimize agricultural input allocation and facilitate income class upgrades among rural households.
{"title":"Unveiling the impact and mechanism of agricultural input allocation on the income mobility of rural households: Evidence from China","authors":"Yun Shen , Di Zeng , Alec Zuo","doi":"10.1016/j.chieco.2025.102356","DOIUrl":"10.1016/j.chieco.2025.102356","url":null,"abstract":"<div><div>Income mobility is crucial in dismantling social stratification and fostering social integration. Facilitated by a balanced panel dataset comprising 792 rural households from 1986 to 2020 in Sichuan province, China, this study seeks to assess the impact of agricultural input allocation on rural households' income mobility. A multi-level differentiated polarization index is constructed to capture the dynamic characteristics of farmers' income polarization. Shapley value decomposition is used to breakdown farmers' income polarization index according to the source of income. Based on these, panel data econometric modelling is further utilized to answer the research question. It is found that optimal allocation of agricultural inputs fosters income mobility and mitigates income polarization. Misallocation in agricultural inputs, especially labour and intermediate products, substantially elevate the income polarization level for about one third of rural households. However, mediation analysis reveals that the surge in off-farm employment alters the income mobility structure by shifting the source of income polarization from agricultural income to off-farm income. Elevating the proportion of off-farm employment among rural households and accelerating agricultural socialization services can therefore help optimize agricultural input allocation and facilitate income class upgrades among rural households.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102356"},"PeriodicalIF":5.2,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143093390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-17DOI: 10.1016/j.chieco.2024.102341
Renjing Chen , Chenxin Jin , Wei Jin , Bin Sheng , Guanxiang Wang
This paper examines the intricate interplay between geopolitics and global value chains (GVCs) in shaping international trade dynamics. By developing indices of voting similarity from United Nations General Assembly data, we quantify the influence of geopolitical relationships on trade flows and economic welfare. Utilizing a structural approach grounded in the World Input–Output Database, we estimate the elasticity of geopolitics across various sectors, distinguishing between intermediate goods and final consumption. Our findings reveal significant trade and welfare implications of geopolitical relationships, highlighting how political alignment or discord influences economic outcomes across countries. Through counterfactual analyses, we explore scenarios such as the Israeli–Palestinian Conflict, the Russo–Ukrainian War, and the China–United States Trade Disputes, providing insights into how geopolitical shifts could reshape GVCs and economic performance globally. The results underscore the importance of considering geopolitical factors in trade policy and economic strategy formulation.
{"title":"Geopolitics along the value chains","authors":"Renjing Chen , Chenxin Jin , Wei Jin , Bin Sheng , Guanxiang Wang","doi":"10.1016/j.chieco.2024.102341","DOIUrl":"10.1016/j.chieco.2024.102341","url":null,"abstract":"<div><div>This paper examines the intricate interplay between geopolitics and global value chains (GVCs) in shaping international trade dynamics. By developing indices of voting similarity from United Nations General Assembly data, we quantify the influence of geopolitical relationships on trade flows and economic welfare. Utilizing a structural approach grounded in the World Input–Output Database, we estimate the elasticity of geopolitics across various sectors, distinguishing between intermediate goods and final consumption. Our findings reveal significant trade and welfare implications of geopolitical relationships, highlighting how political alignment or discord influences economic outcomes across countries. Through counterfactual analyses, we explore scenarios such as the Israeli–Palestinian Conflict, the Russo–Ukrainian War, and the China–United States Trade Disputes, providing insights into how geopolitical shifts could reshape GVCs and economic performance globally. The results underscore the importance of considering geopolitical factors in trade policy and economic strategy formulation.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102341"},"PeriodicalIF":5.2,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128294","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-17DOI: 10.1016/j.chieco.2025.102350
Zhaomin Li , Qian Cao , Jun Luo , Xiaofei Niu
This paper experimentally examines gender differences in the tendency to follow private information in a social learning game. The experimental results show that the proportion of decisions made by male participants that are consistent with their private signals is significantly higher than that of female participants, i.e., men are more likely to follow their own private information than women. This gender effect is primarily present when participants' private signals contradict the majority of public information. Overconfidence is a mechanism underlying the gender effect.
{"title":"Gender differences in the tendency to follow private information: Evidence from a social learning game","authors":"Zhaomin Li , Qian Cao , Jun Luo , Xiaofei Niu","doi":"10.1016/j.chieco.2025.102350","DOIUrl":"10.1016/j.chieco.2025.102350","url":null,"abstract":"<div><div>This paper experimentally examines gender differences in the tendency to follow private information in a social learning game. The experimental results show that the proportion of decisions made by male participants that are consistent with their private signals is significantly higher than that of female participants, i.e., men are more likely to follow their own private information than women. This gender effect is primarily present when participants' private signals contradict the majority of public information. Overconfidence is a mechanism underlying the gender effect.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102350"},"PeriodicalIF":5.2,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-16DOI: 10.1016/j.chieco.2025.102351
Xiaobo Li , Min Huang , Jinan Shao , Mengyao Li , Wuyue Shangguan
Support from the business world is an indispensable factor in alleviating poverty. Nevertheless, it is unclear what internal motivations drive firms to participate in poverty alleviation (PA) programs. In this study, leveraging social identity theory, we examine chief executive officer (CEO) hometown identity as an intrinsic driver for its PA participation when a firm has a hometown CEO. Employing a panel dataset of Chinese listed firms from 2016 to 2020, we find that CEO hometown identity has a positive effect on corporate PA participation. Furthermore, CEO media appearance and environmental complexity strengthen the relationship between CEO hometown identity and corporate PA participation, whereas organizational slack weakens this relationship. Our study is among the first to identify the mechanism through which CEO hometown identity affects corporate PA participation and provide references for other countries in the world suffering from poverty; that is, hometown companies and hometown CEOs can become key forces in alleviating poverty.
{"title":"Are firms with hometown CEOs better citizens? Evidence from the corporate poverty alleviation participation in China","authors":"Xiaobo Li , Min Huang , Jinan Shao , Mengyao Li , Wuyue Shangguan","doi":"10.1016/j.chieco.2025.102351","DOIUrl":"10.1016/j.chieco.2025.102351","url":null,"abstract":"<div><div>Support from the business world is an indispensable factor in alleviating poverty. Nevertheless, it is unclear what internal motivations drive firms to participate in poverty alleviation (PA) programs. In this study, leveraging social identity theory, we examine chief executive officer (CEO) hometown identity as an intrinsic driver for its PA participation when a firm has a hometown CEO. Employing a panel dataset of Chinese listed firms from 2016 to 2020, we find that CEO hometown identity has a positive effect on corporate PA participation. Furthermore, CEO media appearance and environmental complexity strengthen the relationship between CEO hometown identity and corporate PA participation, whereas organizational slack weakens this relationship. Our study is among the first to identify the mechanism through which CEO hometown identity affects corporate PA participation and provide references for other countries in the world suffering from poverty; that is, hometown companies and hometown CEOs can become key forces in alleviating poverty.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102351"},"PeriodicalIF":5.2,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143093383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-16DOI: 10.1016/j.chieco.2025.102353
Jingfang Liu , Yang Yue , Junjian Zhu
This study explores the impact of China's higher education expansion, focusing on the regional admission quota system, on intergenerational educational mobility and household investment behavior. We analyze the extent to which these educational expansions reshape family responses across socio-economic groups and the subsequent effects on social mobility disparities. Our theoretical framework posits that increased access to higher education induces heterogeneous household reactions, driven by differing resource availability and socio-economic contexts. As a result, the actual mobility prospects are significantly shaped by the strategies families adopt within the competitive quota-based system. Empirical findings suggest that while the expansion has widened general access, it has not significantly enhanced upward mobility for disadvantaged groups due to their constrained capacity to leverage these opportunities. Conversely, households characterized by higher educational attainment, urban residency, or greater financial resources are better equipped to capitalize on these expanded opportunities, thereby deepening socio-economic inequalities. This analysis highlights the dual nature of regional admission quotas: while intended to promote equity, they often perpetuate educational disparities. Family-level strategies thus emerge as crucial determinants of intergenerational mobility outcomes. These findings highlight the need for targeted policy interventions to mitigate inequities in the quota system by enhancing the capacity of disadvantaged households to benefit from expanded educational opportunities, ultimately fostering equitable outcomes across socio-economic groups.
{"title":"Unveiling paradoxes of access: How higher education expansion shapes intergenerational educational mobility in China's admission quota system","authors":"Jingfang Liu , Yang Yue , Junjian Zhu","doi":"10.1016/j.chieco.2025.102353","DOIUrl":"10.1016/j.chieco.2025.102353","url":null,"abstract":"<div><div>This study explores the impact of China's higher education expansion, focusing on the regional admission quota system, on intergenerational educational mobility and household investment behavior. We analyze the extent to which these educational expansions reshape family responses across socio-economic groups and the subsequent effects on social mobility disparities. Our theoretical framework posits that increased access to higher education induces heterogeneous household reactions, driven by differing resource availability and socio-economic contexts. As a result, the actual mobility prospects are significantly shaped by the strategies families adopt within the competitive quota-based system. Empirical findings suggest that while the expansion has widened general access, it has not significantly enhanced upward mobility for disadvantaged groups due to their constrained capacity to leverage these opportunities. Conversely, households characterized by higher educational attainment, urban residency, or greater financial resources are better equipped to capitalize on these expanded opportunities, thereby deepening socio-economic inequalities. This analysis highlights the dual nature of regional admission quotas: while intended to promote equity, they often perpetuate educational disparities. Family-level strategies thus emerge as crucial determinants of intergenerational mobility outcomes. These findings highlight the need for targeted policy interventions to mitigate inequities in the quota system by enhancing the capacity of disadvantaged households to benefit from expanded educational opportunities, ultimately fostering equitable outcomes across socio-economic groups.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102353"},"PeriodicalIF":5.2,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143093384","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-16DOI: 10.1016/j.chieco.2025.102349
Xue Zhou , Xiaolan Yang , Xuejun Jin , Lele Zhang
Consumer credit is a vital tool for achieving optimal consumption across an individual's lifetime. However, owing to cognitive limitations and individual biases regarding credit usage, irrational borrowing behaviors often prevent consumers from reaching their optimal consumption levels. This paper investigates how to nudge borrowing behavior to achieve optimal consumption decisions through an intertemporal consumption decision experiment based on a life cycle model. Focusing on two dimensions—the causes of irrational borrowing behavior and the types of nudge approaches—this study designs four nudging interventions: default consumption, policy communication, strategy advice, and case learning. The experimental results indicate that individual consumption behavior deviates from the theoretically predicted optimal level. Notably, default consumption and case learning significantly enhance consumption optimization through both cognitive-oriented mechanisms, which address deviations due to cognitive limitations, and affective-oriented mechanisms, which counter individual biases, such as debt aversion or a preference for saving. Strategy advice, while effective through cognitive-oriented mechanisms, does not engage affective-oriented mechanisms and thus does not significantly reduce consumption deviations. Moreover, the effectiveness of these nudging approaches is influenced by individual characteristics such as gender, education level, financial literacy, risk attitudes, and patience. Importantly, the nudge approaches of default consumption and case learning are effective not only among student subjects but also among non-student subjects. The findings of this paper provide behavioral evidence for the design of policies aimed at achieving optimal consumption through improved borrowing decisions.
{"title":"Enhancing optimal consumption: Experimental insights into nudging borrowing behavior via a life cycle model","authors":"Xue Zhou , Xiaolan Yang , Xuejun Jin , Lele Zhang","doi":"10.1016/j.chieco.2025.102349","DOIUrl":"10.1016/j.chieco.2025.102349","url":null,"abstract":"<div><div>Consumer credit is a vital tool for achieving optimal consumption across an individual's lifetime. However, owing to cognitive limitations and individual biases regarding credit usage, irrational borrowing behaviors often prevent consumers from reaching their optimal consumption levels. This paper investigates how to nudge borrowing behavior to achieve optimal consumption decisions through an intertemporal consumption decision experiment based on a life cycle model. Focusing on two dimensions—the causes of irrational borrowing behavior and the types of nudge approaches—this study designs four nudging interventions: default consumption, policy communication, strategy advice, and case learning. The experimental results indicate that individual consumption behavior deviates from the theoretically predicted optimal level. Notably, default consumption and case learning significantly enhance consumption optimization through both cognitive-oriented mechanisms, which address deviations due to cognitive limitations, and affective-oriented mechanisms, which counter individual biases, such as debt aversion or a preference for saving. Strategy advice, while effective through cognitive-oriented mechanisms, does not engage affective-oriented mechanisms and thus does not significantly reduce consumption deviations. Moreover, the effectiveness of these nudging approaches is influenced by individual characteristics such as gender, education level, financial literacy, risk attitudes, and patience. Importantly, the nudge approaches of default consumption and case learning are effective not only among student subjects but also among non-student subjects. The findings of this paper provide behavioral evidence for the design of policies aimed at achieving optimal consumption through improved borrowing decisions.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102349"},"PeriodicalIF":5.2,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-14DOI: 10.1016/j.chieco.2025.102354
Yangcheng Yu , Shi Li , Yuanyuan Chen
China has achieved a comprehensive victory against extreme poverty, yet whether every individual has been lifted out of poverty remains relatively unexplored. Children are the most susceptible to intra-household inequality as their consumption is primarily controlled by their supervisors, making the standard per-capita indices unsuitable for assessing their poverty. This paper employs the DLP model to estimate children's resource shares and poverty rates among various household types in rural China. Based on a representative sample, we demonstrate that left-behind children (LBC) receive approximately 5 % fewer resource shares and are ten times more likely to fall into poverty than non-left-behind children (NLBC). Girl children, compared to boys, generally reside in larger families with more children, resulting in smaller portions of household consumption and higher poverty rates. Further analysis strengthens the validity of our identification and indicates that our measure of child poverty is largely consistent with household consumption patterns. While most rural children have been lifted out of extreme poverty, child poverty remains severe when assessed against the standards of developed countries.
{"title":"Measuring child poverty in rural China: Evidence from households with left-behind and non-left-behind children","authors":"Yangcheng Yu , Shi Li , Yuanyuan Chen","doi":"10.1016/j.chieco.2025.102354","DOIUrl":"10.1016/j.chieco.2025.102354","url":null,"abstract":"<div><div>China has achieved a comprehensive victory against extreme poverty, yet whether every individual has been lifted out of poverty remains relatively unexplored. Children are the most susceptible to intra-household inequality as their consumption is primarily controlled by their supervisors, making the standard per-capita indices unsuitable for assessing their poverty. This paper employs the DLP model to estimate children's resource shares and poverty rates among various household types in rural China. Based on a representative sample, we demonstrate that left-behind children (LBC) receive approximately 5 % fewer resource shares and are ten times more likely to fall into poverty than non-left-behind children (NLBC). Girl children, compared to boys, generally reside in larger families with more children, resulting in smaller portions of household consumption and higher poverty rates. Further analysis strengthens the validity of our identification and indicates that our measure of child poverty is largely consistent with household consumption patterns. While most rural children have been lifted out of extreme poverty, child poverty remains severe when assessed against the standards of developed countries.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102354"},"PeriodicalIF":5.2,"publicationDate":"2025-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-13DOI: 10.1016/j.chieco.2025.102352
Jun Zhao , Zhiqiang Dong , Weicheng Li , Hanqi Zhang
Competition is a primary form of human social interaction and also serves as a distribution mechanism. Wealth determines the amount of resources that competition participants can invest and is a crucial factor influencing competitive input. To date, the effects of wealth growth on competition intensity remain unclear. To clarify the effects of wealth growth among competition participants on competitive behavior, we employ a between-group design to study how individuals with different initial wealth levels compete. We find that when initial wealth is equal, the relationship between wealth growth and competitive input is monotonically increasing. When initial wealth is unequal, unilateral wealth growth has different effects on the poor and the rich. When the wealth of the rich increases and the wealth gap widens, the competitive input from both sides does not change significantly. However, when the wealth of the poor increases and the wealth gap narrows, competitive input from both sides increases significantly, intensifying competition; this results in negative net income for both sides and leads to substantial social losses. These behaviors are propelled by the combined influences of wealth expansion and the widening wealth disparity. Wealth growth significantly impacts individual bidding, while the wealth disparity has a negative effect on the bidding of the poor. The conclusions of this paper may help to explain the phenomenon of intensified social competition as the wealth disparity increases.
{"title":"Effects of wealth on the intensity of competition: Evidence from a lab experiment","authors":"Jun Zhao , Zhiqiang Dong , Weicheng Li , Hanqi Zhang","doi":"10.1016/j.chieco.2025.102352","DOIUrl":"10.1016/j.chieco.2025.102352","url":null,"abstract":"<div><div>Competition is a primary form of human social interaction and also serves as a distribution mechanism. Wealth determines the amount of resources that competition participants can invest and is a crucial factor influencing competitive input. To date, the effects of wealth growth on competition intensity remain unclear. To clarify the effects of wealth growth among competition participants on competitive behavior, we employ a between-group design to study how individuals with different initial wealth levels compete. We find that when initial wealth is equal, the relationship between wealth growth and competitive input is monotonically increasing. When initial wealth is unequal, unilateral wealth growth has different effects on the poor and the rich. When the wealth of the rich increases and the wealth gap widens, the competitive input from both sides does not change significantly. However, when the wealth of the poor increases and the wealth gap narrows, competitive input from both sides increases significantly, intensifying competition; this results in negative net income for both sides and leads to substantial social losses. These behaviors are propelled by the combined influences of wealth expansion and the widening wealth disparity. Wealth growth significantly impacts individual bidding, while the wealth disparity has a negative effect on the bidding of the poor. The conclusions of this paper may help to explain the phenomenon of intensified social competition as the wealth disparity increases.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102352"},"PeriodicalIF":5.2,"publicationDate":"2025-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143128298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-03DOI: 10.1016/j.chieco.2024.102342
Hongqi Ma , Cong Qin , Jingxian Zou , Wei Zhang
China launched the Province-Managing-County reform in 2004. Since then, the transfer payments, particularly for agricultural purposes, were directly allocated to the reformed counties from their superordinate provincial government, bypassing the initial intermediary cities. The reformed counties also reserved a larger share of tax revenue within the adjusted tax-sharing arrangement with upper cities. Based on the gradual roll-out of the reform, we utilize a difference-in-differences approach and a county panel ranging from 2003 to 2018, finding that the fiscal reform contributes to the promotion of food production. Theoretically, the fiscal reform would affect food production through the changes of fiscal self-sufficiency and transfer payments. However, the results only provided evidence to support the latter channel. That is, the Province-Managing-County reform raised agricultural expenditure by effectively allocating transfer payments (mainly special transfer payments) to counties, leading to a significant enhancement of land productivity at the county level, primarily manifested in an increase in the per unit area of irrigated land.
{"title":"Fiscal decentralization and food production: Evidence from Province-Managing-County reform in China","authors":"Hongqi Ma , Cong Qin , Jingxian Zou , Wei Zhang","doi":"10.1016/j.chieco.2024.102342","DOIUrl":"10.1016/j.chieco.2024.102342","url":null,"abstract":"<div><div>China launched the Province-Managing-County reform in 2004. Since then, the transfer payments, particularly for agricultural purposes, were directly allocated to the reformed counties from their superordinate provincial government, bypassing the initial intermediary cities. The reformed counties also reserved a larger share of tax revenue within the adjusted tax-sharing arrangement with upper cities. Based on the gradual roll-out of the reform, we utilize a difference-in-differences approach and a county panel ranging from 2003 to 2018, finding that the fiscal reform contributes to the promotion of food production. Theoretically, the fiscal reform would affect food production through the changes of fiscal self-sufficiency and transfer payments. However, the results only provided evidence to support the latter channel. That is, the Province-Managing-County reform raised agricultural expenditure by effectively allocating transfer payments (mainly special transfer payments) to counties, leading to a significant enhancement of land productivity at the county level, primarily manifested in an increase in the per unit area of irrigated land.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102342"},"PeriodicalIF":5.2,"publicationDate":"2025-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143093382","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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