Based on the threshold panel data model,this paper analyzed the nonlinear relationship between chemical fertilizer input and grain output. At the provincial level,from the perspective of average and marginal net benef...Based on the threshold panel data model,this paper analyzed the nonlinear relationship between chemical fertilizer input and grain output. At the provincial level,from the perspective of average and marginal net benefits,it compared the effects of chemical fertilizer input on farmers' income. It reached the conclusion that the chemical fertilizer input efficiency has deviated from the optimal level. Thus,only by increasing the marginal productivity of chemical fertilizers,may it be able to increase farmers' income.展开更多
Global population aging trends are intensifying,presenting multifaceted economic and social challenges for countries worldwide.As the world’s largest developing country,China has entered a phase of extreme demographi...Global population aging trends are intensifying,presenting multifaceted economic and social challenges for countries worldwide.As the world’s largest developing country,China has entered a phase of extreme demographic aging,posing significant questions about its impact on the ongoing upgrading of industrial structures.How does this demographic shift influence the upgrading of industrial structures,and does technological innovation mitigate or exacerbate this impact?The empirical results indicate that population aging impedes upgrading the industrial structure,while technological innovation positively affects the relationship between the two.Moreover,using technological innovation as a threshold variable,the impact of population aging on industrial structure upgrading evolves in a“gradient”manner from“impediment”to“insignificant”to“promotion”as the technological innovation levels increase.These findings offer practical guidance for tailoring industrial policies to different stages of technological advancement.展开更多
Scholars have a variety of theoretical explanations for housing price growth. However, few scholars have studied the internal influence mechanism among urbanization, land finance, and housing price. Based on the data ...Scholars have a variety of theoretical explanations for housing price growth. However, few scholars have studied the internal influence mechanism among urbanization, land finance, and housing price. Based on the data of 182 prefecture-level cities from 2009 to 2016, this paper studies the influence of land finance on housing price under different urbanization rate levels. The study finds that with the increase of urbanization rate, the effect of land finance on housing price presents a "U" shape.Specifically, an increase in land finance by 1% results in a corresponding increase in average housing price by 0.18%, with relatively low urbanization rate, 0.06% with medium level of urbanization rate,and 0.38% with high level of urbanization rate.展开更多
This study investigates the nonlinear relationship between R&D expenditures,innovation,productivity,high-tech export products.Previous empirical research used linear standard structures to deal with these kinds of...This study investigates the nonlinear relationship between R&D expenditures,innovation,productivity,high-tech export products.Previous empirical research used linear standard structures to deal with these kinds of specifications,and it has shown that the linearity is frequently conditioned by other macroeconomic factors such as the level of development and the financial openness.Based on these arguments,our study investigates this question in econometric specification using panel smooth threshold regression methodology proposed by Gonzalez et al.in 2005.Our findings suggest that there is a threshold effect within the links between R&D expenditures,innovation,and productivity.The effect of R&D expenditures,innovation,productivity,and medium and high technology product exports is mixed.However,both positive and negative effects are found,depending on which innovation indicators are used or on which level of threshold variable is the most appropriate.The results advocate that the level of economic development can be considered as target indicators to conduct an innovation policy.展开更多
文摘Based on the threshold panel data model,this paper analyzed the nonlinear relationship between chemical fertilizer input and grain output. At the provincial level,from the perspective of average and marginal net benefits,it compared the effects of chemical fertilizer input on farmers' income. It reached the conclusion that the chemical fertilizer input efficiency has deviated from the optimal level. Thus,only by increasing the marginal productivity of chemical fertilizers,may it be able to increase farmers' income.
基金supported by the Research Center for Aging Career and Industrial Development,Sichuan Key Research Base of Social Sciences[Grant No.XJLL2022009].
文摘Global population aging trends are intensifying,presenting multifaceted economic and social challenges for countries worldwide.As the world’s largest developing country,China has entered a phase of extreme demographic aging,posing significant questions about its impact on the ongoing upgrading of industrial structures.How does this demographic shift influence the upgrading of industrial structures,and does technological innovation mitigate or exacerbate this impact?The empirical results indicate that population aging impedes upgrading the industrial structure,while technological innovation positively affects the relationship between the two.Moreover,using technological innovation as a threshold variable,the impact of population aging on industrial structure upgrading evolves in a“gradient”manner from“impediment”to“insignificant”to“promotion”as the technological innovation levels increase.These findings offer practical guidance for tailoring industrial policies to different stages of technological advancement.
基金Supported by Natural Science Foundation of China(71850014,71532013,71573244,71974180)。
文摘Scholars have a variety of theoretical explanations for housing price growth. However, few scholars have studied the internal influence mechanism among urbanization, land finance, and housing price. Based on the data of 182 prefecture-level cities from 2009 to 2016, this paper studies the influence of land finance on housing price under different urbanization rate levels. The study finds that with the increase of urbanization rate, the effect of land finance on housing price presents a "U" shape.Specifically, an increase in land finance by 1% results in a corresponding increase in average housing price by 0.18%, with relatively low urbanization rate, 0.06% with medium level of urbanization rate,and 0.38% with high level of urbanization rate.
文摘This study investigates the nonlinear relationship between R&D expenditures,innovation,productivity,high-tech export products.Previous empirical research used linear standard structures to deal with these kinds of specifications,and it has shown that the linearity is frequently conditioned by other macroeconomic factors such as the level of development and the financial openness.Based on these arguments,our study investigates this question in econometric specification using panel smooth threshold regression methodology proposed by Gonzalez et al.in 2005.Our findings suggest that there is a threshold effect within the links between R&D expenditures,innovation,and productivity.The effect of R&D expenditures,innovation,productivity,and medium and high technology product exports is mixed.However,both positive and negative effects are found,depending on which innovation indicators are used or on which level of threshold variable is the most appropriate.The results advocate that the level of economic development can be considered as target indicators to conduct an innovation policy.