Becoming the world's largest emitter of carbon makes China the object of criticism;however,people may ignore the fact that when China exports low-carbon products,the carbon emissions have been left in the meanwhil...Becoming the world's largest emitter of carbon makes China the object of criticism;however,people may ignore the fact that when China exports low-carbon products,the carbon emissions have been left in the meanwhile,forming the so-called"embodied carbon".Using the input-output model,this paper analyzes the carbon emission intensity and amount of embodied carbon of various sectors in China's export trade in 2002 and 2007,and filters out high carbon emission sectors.In addition,this paper also points out the problem of carbon emissions'international transfer from developed countries to China through the analysis of national and regional flow of export carbon emissions and changing of the proportion of emissions for exports relative to total emissions,and explains the reason that caused carbon transfer to China by using the treadmill of production theory.Based on that,this paper proposes some measures for carbon reduction in China from the foreign trade perspective.展开更多
Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests revea...Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests reveal a positive relation between the stock options and performance; also indicate that there is a positive relation between quantity of manager＇s stock options and firm＇s size.展开更多
This paper sheds light on the demand-side impact of China’s emergence on the world economy from a value chain perspective. A measure linking final demand with value-added in the context of global value chains is deve...This paper sheds light on the demand-side impact of China’s emergence on the world economy from a value chain perspective. A measure linking final demand with value-added in the context of global value chains is developed. Data from the World Input-Output Database is used to analyze foreign value-added induced by final demand in China. It is found that foreign value-added to meet final demand in China increases over time except during 2008–2009, proving that China has a significant power to shape the world economy through its final demand. Besides, it is found that about88% of foreign value-added is absorbed in China through intermediate imports. In addition, how and to what extend the final demand in China contributes to other countries’ GDP growth is investigated.Results show that continuous increase in foreign value-added absorbed in China becomes a ballooning source of economic growth, and final demand in China is rather a remedy in aftermath of the global recession during 2008–2009. Finally, it is found that the increase in foreign value-added absorbed in China is due not only to the surge in final demand but also to bullwhip effect along global value chains.展开更多
基金sponsored by NSFC(Grant No.71073124)National Social Science Fund Key Projects(Grant No.11AZD028)the Central University Basic Scientific Research Funds
文摘Becoming the world's largest emitter of carbon makes China the object of criticism;however,people may ignore the fact that when China exports low-carbon products,the carbon emissions have been left in the meanwhile,forming the so-called"embodied carbon".Using the input-output model,this paper analyzes the carbon emission intensity and amount of embodied carbon of various sectors in China's export trade in 2002 and 2007,and filters out high carbon emission sectors.In addition,this paper also points out the problem of carbon emissions'international transfer from developed countries to China through the analysis of national and regional flow of export carbon emissions and changing of the proportion of emissions for exports relative to total emissions,and explains the reason that caused carbon transfer to China by using the treadmill of production theory.Based on that,this paper proposes some measures for carbon reduction in China from the foreign trade perspective.
文摘Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests reveal a positive relation between the stock options and performance; also indicate that there is a positive relation between quantity of manager＇s stock options and firm＇s size.
基金Supported by the Youth Program of National Natural Science Foundation of China(71904153)。
文摘This paper sheds light on the demand-side impact of China’s emergence on the world economy from a value chain perspective. A measure linking final demand with value-added in the context of global value chains is developed. Data from the World Input-Output Database is used to analyze foreign value-added induced by final demand in China. It is found that foreign value-added to meet final demand in China increases over time except during 2008–2009, proving that China has a significant power to shape the world economy through its final demand. Besides, it is found that about88% of foreign value-added is absorbed in China through intermediate imports. In addition, how and to what extend the final demand in China contributes to other countries’ GDP growth is investigated.Results show that continuous increase in foreign value-added absorbed in China becomes a ballooning source of economic growth, and final demand in China is rather a remedy in aftermath of the global recession during 2008–2009. Finally, it is found that the increase in foreign value-added absorbed in China is due not only to the surge in final demand but also to bullwhip effect along global value chains.
