By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic re...By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic regions of China covering an 18 years period( 1997—2014) and test its convergence. Results showed that TP grew at an average rate of 6. 6% per year led mainly by technical change( 6. 5%). When environmental undesirable outputs are included,the Middle Yellow River,Northwest and Southwest regions of China witnessed higher productivity changes. Results of the convergence analysis revealed that China had made progress in reducing regional imbalance in growth. Inclusion of undesirable output showed that the energy-saving emission reduction policies had speed up the convergence rate of TP and environment oriented productivity. However,China's welfare oriented productivity is still very low.展开更多
To analyze the efficiency of the agro-ecosystem of Dongting Rim in Hunan Province,this paper adopted the emergy theory to study the agricultural output of this region during 2001 to 2010.The results showed that the va...To analyze the efficiency of the agro-ecosystem of Dongting Rim in Hunan Province,this paper adopted the emergy theory to study the agricultural output of this region during 2001 to 2010.The results showed that the value of regional agricultural emergy output increased by44.68%to(6.50 E)sej,but lower than the growth of non-agricultural industry output.Compared with 2001,the emergy output of planting industry was(4.10E)sej in 2010 which occupied 63.09%of the total agricultural emergy output and got an increase of 2.93 percentage points,while the emergy output of stock farming got a decrease of 2.87 percentage points.The growth of fishery emergy output was not in conformity with the characteristics of Dongting Rim in Hunan.From the contrast between emergy output and economic output,we could find that the economic return ratio of planting industry and fishery industry were lower than those of forestry industry and stock farming industry,which indicated that it is necessary to improve the economic benefits of planting industry and fishery industry which were the traditional industries with advantages of the Dongting Rim in Hunan.展开更多
Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic gr...Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic growth in North Cyprus.Using relevant time series data analysis(within the framework of structural breaks and VECM),we found that financial sector output in North Cyprus is sensitive to both internal and external shocks in that its economy is well linked with the global economy,in spite of the political isolation sustained since the bifurcation of Cyprus into North and South.The study further documents evidence of the neutrality hypothesis in the finance-growth nexus.The underlying variables were weakly connected in the short-run.However,economic growth responded to the short-run shocks and handled the equilibrating process of reverting to the long-run trend and thus,the demand following hypothesis is confirmed in the long-run.展开更多
The total carbon emissions control is the ultimate goal of carbon emission reduction, while industrial carbon emissions are the basic units of the total carbon emission. On the basis of existing research results, in t...The total carbon emissions control is the ultimate goal of carbon emission reduction, while industrial carbon emissions are the basic units of the total carbon emission. On the basis of existing research results, in this paper, a two-stage input-output structure decomposition method is creatively proposed for fully combining the input-output method with the structure decomposition technique. In this study, more comprehensive technical progress indicators were chosen in comparison with the previous studies and included the utilization efficiency of all kinds of intermediate inputs such as energy and non-energy products, and finally were positioned at the factors affecting the carbon emissions of different industries. Through analysis, the affecting rate of each factor on industrial carbon emissions was acquired. Thus, a theory basis and data support is provided for the total carbon emissions control of China from the perspective of industrial emissions.展开更多
基金Ministry of Education of Humanities and Social Sciences Youth Project,China(No.17YJCZH154)
文摘By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic regions of China covering an 18 years period( 1997—2014) and test its convergence. Results showed that TP grew at an average rate of 6. 6% per year led mainly by technical change( 6. 5%). When environmental undesirable outputs are included,the Middle Yellow River,Northwest and Southwest regions of China witnessed higher productivity changes. Results of the convergence analysis revealed that China had made progress in reducing regional imbalance in growth. Inclusion of undesirable output showed that the energy-saving emission reduction policies had speed up the convergence rate of TP and environment oriented productivity. However,China's welfare oriented productivity is still very low.
基金Supported by National Social Science Fund Project(11BJY029)Hunan Provincial Conditions and Decision-making Advisory Research Project(2012BZZ16)Arts Tender Project of Central South University of Forestry and Technology(2011ZB003)
文摘To analyze the efficiency of the agro-ecosystem of Dongting Rim in Hunan Province,this paper adopted the emergy theory to study the agricultural output of this region during 2001 to 2010.The results showed that the value of regional agricultural emergy output increased by44.68%to(6.50 E)sej,but lower than the growth of non-agricultural industry output.Compared with 2001,the emergy output of planting industry was(4.10E)sej in 2010 which occupied 63.09%of the total agricultural emergy output and got an increase of 2.93 percentage points,while the emergy output of stock farming got a decrease of 2.87 percentage points.The growth of fishery emergy output was not in conformity with the characteristics of Dongting Rim in Hunan.From the contrast between emergy output and economic output,we could find that the economic return ratio of planting industry and fishery industry were lower than those of forestry industry and stock farming industry,which indicated that it is necessary to improve the economic benefits of planting industry and fishery industry which were the traditional industries with advantages of the Dongting Rim in Hunan.
文摘Sound and efficient functioning of financial systems is critical to the economic prosperity of any economy.This paper investigates the tripartite relationship between financial sector output,employment and economic growth in North Cyprus.Using relevant time series data analysis(within the framework of structural breaks and VECM),we found that financial sector output in North Cyprus is sensitive to both internal and external shocks in that its economy is well linked with the global economy,in spite of the political isolation sustained since the bifurcation of Cyprus into North and South.The study further documents evidence of the neutrality hypothesis in the finance-growth nexus.The underlying variables were weakly connected in the short-run.However,economic growth responded to the short-run shocks and handled the equilibrating process of reverting to the long-run trend and thus,the demand following hypothesis is confirmed in the long-run.
文摘The total carbon emissions control is the ultimate goal of carbon emission reduction, while industrial carbon emissions are the basic units of the total carbon emission. On the basis of existing research results, in this paper, a two-stage input-output structure decomposition method is creatively proposed for fully combining the input-output method with the structure decomposition technique. In this study, more comprehensive technical progress indicators were chosen in comparison with the previous studies and included the utilization efficiency of all kinds of intermediate inputs such as energy and non-energy products, and finally were positioned at the factors affecting the carbon emissions of different industries. Through analysis, the affecting rate of each factor on industrial carbon emissions was acquired. Thus, a theory basis and data support is provided for the total carbon emissions control of China from the perspective of industrial emissions.
