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[宏观经济指标] 一些经济学英文论文下载,大家新年快乐,年后发送30篇免费的   [推广有奖]

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sjfsong 发表于 2015-1-21 02:39:35 |只看作者 |坛友微信交流群
Investment and financing constraints in China: does working capital management make a difference?


We use a panel of over 120,000 Chinese firms of different ownership types over the period 2000-2007 to analyze the linkages between investment in fixed and working capital and financing constraints. We find that those firms characterized by high working capital display high sensitivities of investment in working capital to cash flow (WKS) and low sensitivities of investment in fixed capital to cash flow (FKS). We then construct and analyze firm-level FKS and WKS measures and find that, despite severe external financing constraints, those firms with low FKS and high WKS exhibit the highest fixed investment rates. This suggests that good working capital management may help firms to alleviate the effects of financing constraints on fixed investment.
Keywords:    Investment; Cash flow; Financing constraints; Working capital

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82
sjfsong 发表于 2015-1-21 02:40:40 |只看作者 |坛友微信交流群
Are knowledge-bases enough? A comparative study of the geography of knowledge sources in China (Great Beijing) and India (Pune)


This paper focuses on the organization and geography of interactions between firms and other organizations in two industries: software and autoparts. In contrast to most recent literature in economic geography that argues that industries differ in their knowledge bases and that consequently different industries show different patterns of local-global interactions, our results show stronger differences between regions in the same industry than between industries in the same region, thus pointing out to other factors explaining the geography of innovation in that particular industry.
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83
sjfsong 发表于 2015-1-21 02:41:32 |只看作者 |坛友微信交流群
The Regional Distribution of Skill Premia in Urban China


We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in recent years. This has previously been little noted or discussed. We use three urban household surveys for 1995, 2002, and 2007 and estimate skill premia at provincial and city levels. Results show an increase in the skill premium across all regions between 1995 and 2002, but only coastal regions show significant increases in skill premia between 2002 and 2007. For 2007, coastal regions also have much higher within region wage inequality and this contributes more to overall urban wage inequality than within region inequality of non-coastal regions. Using a fixed effects model at city level, we find that ownership restructuring is a significant factor in driving up skill premia during the first period, and that the ongoing process of China’s integration into the global economy plays a significant and regionally concentrated role in the second period.

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84
sjfsong 发表于 2015-1-21 02:45:19 |只看作者 |坛友微信交流群
Social Identity and Inequality: The Impact of China's Hokou System


They conduct an experimental study to investigate the causal impact of social identity on individuals' response to economic incentives. They focus on China‟s decades old household registration system, or the hukou institution, which categorizes citizens into urban and rural residents, and favors the former over the latter in resource allocation. Their results indicate that making individuals' hukou status salient and public significantly reduces the performance of rural migrant students on an incentivized cognitive task by 10 percent. This leads to a leftward shift of their earnings distribution â

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sjfsong 发表于 2015-1-21 02:46:23 |只看作者 |坛友微信交流群
Does Urban Proximity Enhance Agricultural Productivity in China?


We study whether rural areas close to urban centers enjoy a more productive agricultural sector than remote ones. We try to answer three questions: (1) Do rural areas close to urban centers and remote areas share the same agricultural technology? (2) Are rural areas close to urban center technically more efficient? (3) Do they enjoy a faster technical progress? The empirical examination is realized at the county level on a sample covering three provinces of the south-east of China from 2002 to 2007. Several interesting results are obtained. On the one hand, the type of agricultural technology adopted varies with the distance between the rural area and the urban center. On the other hand, urban proximity has a positive effect on agricultural productivity. Finally, our results confirm a previous finding: the most important component of total factor productivity growth in China is technical progress, whereas technical efficiency decreases it.

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86
sjfsong 发表于 2015-1-21 03:29:27 |只看作者 |坛友微信交流群
Convergence of European Business Cycles: A Complex Networks Approach


We examine the co-movement patterns of European business cycles during the period 1986-2011, with an obvious focal point the year 1999 that marked the introduction of the common currency, the euro. The empirical analysis is performed within the context of Graph Theory where we apply a rolling window approach in order to dynamically analyze the evolution of the network that corresponds to the GDP growth rate cross-correlations of 22 European economies. The main innovation of our study is that the analysis is performed by introducing what we call the Threshold-Minimum Dominating Set (T-MDS). We provide evidence at the network level and analyze its structure and evolution by the metrics of total network edges, network density, isolated nodes and the cardinality of the T-MDS set. Next, focusing on the country level, we analyze each individual country's neighborhood set (economies with similar growth patterns) in the pre- and post-euro era in order to assess the degree of convergence to the rest of the economies in the network. Our empirical results indicate that despite few economies' idiosyncratic behavior, the business cycles of the European countries display an overall increased degree of synchronization and convergence in the single currency era.



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87
sjfsong 发表于 2015-1-21 03:31:02 |只看作者 |坛友微信交流群
lzx00100 发表于 2015-1-20 18:20
有木有industry security或者industry convergence方面的
多给几个关键字

Convergence of European Business Cycles: A Complex Networks Approach



We examine the co-movement patterns of European business cycles during the period 1986-2011, with an obvious focal point the year 1999 that marked the introduction of the common currency, the euro. The empirical analysis is performed within the context of Graph Theory where we apply a rolling window approach in order to dynamically analyze the evolution of the network that corresponds to the GDP growth rate cross-correlations of 22 European economies. The main innovation of our study is that the analysis is performed by introducing what we call the Threshold-Minimum Dominating Set (T-MDS). We provide evidence at the network level and analyze its structure and evolution by the metrics of total network edges, network density, isolated nodes and the cardinality of the T-MDS set. Next, focusing on the country level, we analyze each individual country's neighborhood set (economies with similar growth patterns) in the pre- and post-euro era in order to assess the degree of convergence to the rest of the economies in the network. Our empirical results indicate that despite few economies' idiosyncratic behavior, the business cycles of the European countries display an overall increased degree of synchronization and convergence in the single currency era.



On Convergence in the Spatial AK Growth Models∗
Gani Aldashev† Serik Aldashev‡ Timoteo Carletti§

19 01 2014
Abstract
Recent research in economic theory attempts to study optimal economic growth and spatial location of economic activity in a unified framework. So far, the key result of this literature - asymptotic convergence, even in the absence of decreasing returns to capital - relies on specific assumptions about the objective of the social planner. We show that this result does not depend on such restrictive assumptions and obtains for a broader class of objective functions. We also generalize this finding, allowing for the time-varying technology parameter, and provide an explicit solution for the dynamics of spatial distribution of the capital stock.
Keywords: Economic Growth; Convergence; Spatial Dynamics; Partial Differential Equations

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88
sjfsong 发表于 2015-1-21 03:37:25 |只看作者 |坛友微信交流群
Rethinking China's underurbanization: An evaluation of its county-to-city upgrading policy


"It has been argued in the literature that China is underurbanized in large part because of restrictions on migration. While the presence of migration barriers can help explain why existing cities fail to achieve their optimal size, it cannot explain the lack of cities. Although migration has become much easier over time, the number of cities in China has been rather stagnant. In this paper, we argue that lack of appropriate mechanisms for creating new cities is another reason for underurbanization. Under China's hierarchical governance structure, the only way to create new cities is through the centralized policy of upgrading existing counties or prefectures into cities. However, in practice the implementation of the county-to-city upgrading policy was more complicated than expected. Based on a county-level panel dataset, this paper shows that jurisdictions that were upgraded to cities prior to 1998 do not perform better relative to their counterparts that remain to be counties in terms of both economic growth and providing public services. The policy was retracted in 1997, freezing the number of county-level cities since then. This, in turn, contributes to the observed underurbanization." from authors' abstract
Keywords:    Urbanization, City creation, Governance structure, Political centralization, Development strategies,
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89
sjfsong 发表于 2015-1-21 03:39:42 |只看作者 |坛友微信交流群
The regional development of science and innovation in China: a brief review of current evidence on matches and mismatches

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90
sjfsong 发表于 2015-1-21 03:41:12 |只看作者 |坛友微信交流群
Cultural and Institutional Bifurcation: China and Europe Compared


How to sustain cooperation is a key challenge for any society. Different social organizations have evolved in the course of history to cope with this challenge by relying on different combinations of external (formal and informal) enforcement institutions and intrinsic motivation. Some societies rely more on informal enforcement and moral obligations within their constituting groups. Others rely more on formal enforcement and general moral obligations towards society at large. How do culture and institutions interact in generating different evolutionary trajectories of societal organizations? Do contemporary attitudes, institutions and behavior reflect distinct pre-modern trajectories?

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