China, as an important source country in the global value chain, especially in the East Asian production networks, has exerted significant influence on Sino-Japanese trade fluctuations. This paper explores the real fa...China, as an important source country in the global value chain, especially in the East Asian production networks, has exerted significant influence on Sino-Japanese trade fluctuations. This paper explores the real factors that lead to the fluctuations in Sino- Japanese trade. Using the Hodrick-Prescott filter technique and OECD-WTO Statistics on Trade in Value Added from 1995 to 2011, the impact of the changing comparative advantage between the two countries is also examined. The empirical results indicate that determinants of the fluctuations in Sino-Japapese trade include changing comparative advantages, the volatility of the real exchange rate and quite a few external shocks. Some policy suggestions are put forward in regards to the stability of trade between the two countries.展开更多
Based on the inter-provincial panel data from 200 to 2014 in China,this paperapplies the spatial panel simultaneousequations model to test the impact of localgovermments'tax competition and industrial structure ad...Based on the inter-provincial panel data from 200 to 2014 in China,this paperapplies the spatial panel simultaneousequations model to test the impact of localgovermments'tax competition and industrial structure adjustment on the regionalgreen development in China.The conclusions are as follows.Local govermments'tax competition and industrial development have a negative impact on greendevelopment.Tax competition and industrialization in the neighboring regions willalso suppress local green development through the negative incentives of"race to thebottom",Evidently,regulating the tax competition behavior of the local governmentand rationally guiding the upgrading of local industrial structure have importantpolicy implications for the high-quality growth of China's regional economy and thegreen,coordinated development between regions in the new era.展开更多
Agricultural trade policy in China has been the subject of heated discussion since China 's accession to the WTO. Studies have been carried out and propositions put forth regarding comparative advantage, food securit...Agricultural trade policy in China has been the subject of heated discussion since China 's accession to the WTO. Studies have been carried out and propositions put forth regarding comparative advantage, food security, development of the industry, and farmers' income. In this paper, we attempt to provide an analysis from another important perspective: resource mobility, which is an essential assumption in free trade theory. By examining the mobility of different production resources in Chinese agriculture, namely natural resources, capital inputs, human resources and institutional arrangements, we found that for most production resources in Chinese agriculture, mobility is low. The results have significant policy implications in two respects:first, protective measures in the transitional period for certain crops in certain areas in China are legitimate and necessary to ensure social stability; and second, policy instruments to improve resource mobility in Chinese agricultural should be explored and implemented to realize more trade benefit in the future.展开更多
基金This research is supported by the Key Project of the National Social Science Foundation of China (Grant No. 15AJY001), the National Natural Science Foundation of China (Grant No. 71203099) and the Jiangsu Provincial Social Science Foundation in China (Grant Nos. 14EYA002 and 15EYB008).
文摘China, as an important source country in the global value chain, especially in the East Asian production networks, has exerted significant influence on Sino-Japanese trade fluctuations. This paper explores the real factors that lead to the fluctuations in Sino- Japanese trade. Using the Hodrick-Prescott filter technique and OECD-WTO Statistics on Trade in Value Added from 1995 to 2011, the impact of the changing comparative advantage between the two countries is also examined. The empirical results indicate that determinants of the fluctuations in Sino-Japapese trade include changing comparative advantages, the volatility of the real exchange rate and quite a few external shocks. Some policy suggestions are put forward in regards to the stability of trade between the two countries.
基金National Social Science Foundation of China:Anti-Corruption and Environmental Governance Promotion of Local Governments(15CGL042)National Natural Science Foundation of China:Carbon Emission Reduction Mechanism of Chimese Manyfacturing Technology Progress Bias under the Perspective of Global Value Chain Embedding(U170413)Funding Program for Top Young Talents at Henan University of Economics and Law.The authors take sole responsibility for their view in this paper.
文摘Based on the inter-provincial panel data from 200 to 2014 in China,this paperapplies the spatial panel simultaneousequations model to test the impact of localgovermments'tax competition and industrial structure adjustment on the regionalgreen development in China.The conclusions are as follows.Local govermments'tax competition and industrial development have a negative impact on greendevelopment.Tax competition and industrialization in the neighboring regions willalso suppress local green development through the negative incentives of"race to thebottom",Evidently,regulating the tax competition behavior of the local governmentand rationally guiding the upgrading of local industrial structure have importantpolicy implications for the high-quality growth of China's regional economy and thegreen,coordinated development between regions in the new era.
基金Support from the Natural Science Foundation of China (project No. 70573049) is appreciated.
文摘Agricultural trade policy in China has been the subject of heated discussion since China 's accession to the WTO. Studies have been carried out and propositions put forth regarding comparative advantage, food security, development of the industry, and farmers' income. In this paper, we attempt to provide an analysis from another important perspective: resource mobility, which is an essential assumption in free trade theory. By examining the mobility of different production resources in Chinese agriculture, namely natural resources, capital inputs, human resources and institutional arrangements, we found that for most production resources in Chinese agriculture, mobility is low. The results have significant policy implications in two respects:first, protective measures in the transitional period for certain crops in certain areas in China are legitimate and necessary to ensure social stability; and second, policy instruments to improve resource mobility in Chinese agricultural should be explored and implemented to realize more trade benefit in the future.