China will set up a national carbon emissions trading market by the end of 2017, which is initially open to individual investors from the initial market for business and institutional investors. In this article, the m...China will set up a national carbon emissions trading market by the end of 2017, which is initially open to individual investors from the initial market for business and institutional investors. In this article, the main influencing factors and mechanism of individual participation in carbon trading market are studied by establishing multiple linear regression model. The study found that age,education level, length of account opening time, and risk attitude are the main factors influencing the participation of individual investors. Environmental awareness and environmental impact are less affected; information transparency and transaction risk also have an impact on the degree of individual investor participation; investment experience does not affect the participation of individual investors in the carbon trading market.展开更多
Global production networks have become the most important organizational platforms for coordinating international production activities,and their evolution patterns profoundly affect value distribution across the worl...Global production networks have become the most important organizational platforms for coordinating international production activities,and their evolution patterns profoundly affect value distribution across the world.In this study,we shall firstly carry out an in-depth quantitative research to analyze the patterns and evolution of global production networks,using a long time-sequenced multi-region input-output table and the network analysis approach.Then based on the method of value-added decomposition,we will develop an index system to measure the degree of participation of regions in global production networks.Finally,we will try to identify the factors affecting the degree of participation of countries in global production networks by constructing a regression model.The results show that from 1995 to 2015,the evolution of global production networks measured by input-output linkages experienced four stages:expansion,contraction,re-expansion,and re-contraction.In addition,the core communities of global production networks evolved from two major production communities(Europe and the Americas)to three pillars(Europe,Americas,and Asia)while more segmented communities are mainly affected by geographical proximity.The latter consists of European,North American,South American,African and Asian communities.The evolution of the global production network pattern primarily manifests as a process of cooperation strengthening or weakening among communities,based on changes in the external environment and the need for individual development strategies.Meanwhile,the United States,Germany,and the United Kingdom have consistently ranked among the top entities in global production networks,whereas China,Russia,and Southeast Asia have the fastest rises in ranking.In addition,government efficiency,resources endowment,infrastructure conditions and technology levels play important roles in the participation in global production networks.展开更多
文摘China will set up a national carbon emissions trading market by the end of 2017, which is initially open to individual investors from the initial market for business and institutional investors. In this article, the main influencing factors and mechanism of individual participation in carbon trading market are studied by establishing multiple linear regression model. The study found that age,education level, length of account opening time, and risk attitude are the main factors influencing the participation of individual investors. Environmental awareness and environmental impact are less affected; information transparency and transaction risk also have an impact on the degree of individual investor participation; investment experience does not affect the participation of individual investors in the carbon trading market.
基金Strategic Priority Research Program of Chinese Academy of Sciences,No.XDA20080000National Natural Science Foundation of China,No.41901154。
文摘Global production networks have become the most important organizational platforms for coordinating international production activities,and their evolution patterns profoundly affect value distribution across the world.In this study,we shall firstly carry out an in-depth quantitative research to analyze the patterns and evolution of global production networks,using a long time-sequenced multi-region input-output table and the network analysis approach.Then based on the method of value-added decomposition,we will develop an index system to measure the degree of participation of regions in global production networks.Finally,we will try to identify the factors affecting the degree of participation of countries in global production networks by constructing a regression model.The results show that from 1995 to 2015,the evolution of global production networks measured by input-output linkages experienced four stages:expansion,contraction,re-expansion,and re-contraction.In addition,the core communities of global production networks evolved from two major production communities(Europe and the Americas)to three pillars(Europe,Americas,and Asia)while more segmented communities are mainly affected by geographical proximity.The latter consists of European,North American,South American,African and Asian communities.The evolution of the global production network pattern primarily manifests as a process of cooperation strengthening or weakening among communities,based on changes in the external environment and the need for individual development strategies.Meanwhile,the United States,Germany,and the United Kingdom have consistently ranked among the top entities in global production networks,whereas China,Russia,and Southeast Asia have the fastest rises in ranking.In addition,government efficiency,resources endowment,infrastructure conditions and technology levels play important roles in the participation in global production networks.
