Loading...

Table of Content

    25 June 2024, Volume 0 Issue 3 Previous Issue    Next Issue
    For Selected: Toggle Thumbnails
    How does the Development of the Digital Economy Affect the Skill Premium Gap—A Perspective of Biased Technological Progress
    YANG Tianyu, HUANG Chongle
    2024, (3):  5-15.  doi: 10.16716/j.cnki.65-1030/f.2024.03.001
    Abstract ( )   HTML ( )   PDF (802KB) ( )   Save

    This paper takes biased technological progress as the starting point and proposes a theoretical hypothesis that the digital economy affects the skill premium gap through various types of biased technological progress. It uses data from the China Family Panel Studies (CFPS) and related provincial panel data to empirically test the causal relationship and mechanism between the development of the digital economy and the skill premium gap. The results show that the development of the digital economy does indeed significantly expand the skill premium gap, and this conclusion remains valid after a series of robustness tests such as the use of instrumental variables and triple differences. The mechanism analysis indicates that the development of the digital economy primarily expands the skill wage premium by promoting capital-biased technological progress, skill-biased technological progress, and capital-skill complementarity. The heterogeneity analysis shows that in regions with more developed digital infrastructure and skill-intensive industries, the digital economy is more likely to widen the skill premium gap.

    Figures and Tables | References | Related Articles | Metrics
    Measurement,Regional Differences and Spatio-temporal Evolution of China's Provincial Foreign Trade Competitiveness
    YUAN Guoli, PENG Yunxia
    2024, (3):  16-25.  doi: 10.16716/j.cnki.65-1030/f.2024.03.002
    Abstract ( )   HTML ( )   PDF (1599KB) ( )   Save

    Under the new development pattern, exploring the regional differences and spatio-temporal evolution of provincial foreign trade competitiveness has far-reaching significance for promoting regional coordination and foreign trade development. Therefore, this paper establishes a comprehensive evaluation system for provincial foreign trade competitiveness in China and uses entropy method, Dagum Gini coefficient and other methods to study the provincial foreign trade competitiveness of 30 provinces in China from 2013 to 2021. It is found that the overall competitiveness of foreign trade is constantly improving, but the inter-provincial gap is still large, and the "Matthew effect" is significant. The differences mainly come from three regions, of which the gap between the eastern and western regions is the largest, while the gap between the central and western regions is the smallest; within the eastern, central, and western regions, there is a situation where the central areas lead the development of foreign trade in other areas; there is a slight polarization phenomenon in the foreign trade competitiveness within the eastern and western regions. Provincial foreign trade competitiveness exhibits positive spatial correlation, with low-level agglomeration being predominant.

    Figures and Tables | References | Related Articles | Metrics
    Can Social Capital Reduce Household Poverty Vulnerability —An Empirical Study Based on the Perspective of Risk Impact and Slow Release
    FEI Zhengdong, WANG Yujuan
    2024, (3):  26-34.  doi: 10.16716/j.cnki.65-1030/f.2024.03.003
    Abstract ( )   HTML ( )   PDF (1153KB) ( )   Save

    As a basic component of society, the family's poverty vulnerability is not only affected by the risk impact brought by risk events, but also related to the family's own risk mitigation ability. The paper, based on the perspective of risk shocks and risk mitigation, selects data from the China Family Panel Studies (CFPS) to explore whether social capital can effectively reduce household poverty vulnerability. The results show that risk events increase household poverty vulnerability to some extent, while social capital can significantly reduce household poverty vulnerability and has a good risk mitigation effect; social capital can not only increase the probability of getting help from neighbors to obtain more social support, but also increase the per capita income level of families, thereby reducing the vulnerability of families to poverty. Meanwhile, the impact of social capital and risk shocks on poverty vulnerability has significant regional heterogeneity. In the western regions, social capital can more effectively reduce household poverty vulnerability and has better risk mitigation ability, but its impact caused by risk shocks is also higher than that in the eastern regions.

    Figures and Tables | References | Related Articles | Metrics
    A Study of Coupling and Coordination Relationship Between Regional Elasticity and Tourism Development in Xinjiang
    LI Xiaohu, YOU Jinglan
    2024, (3):  35-46.  doi: 10.16716/j.cnki.65-1030/f.2024.03.004
    Abstract ( )   HTML ( )   PDF (2498KB) ( )   Save

    This paper measures the regional elasticity level and tourism development level in Xinjiang from 2011 to 2020, and analyzes the coupling coordination relationship and spatio-temporal evolution characteristics of the two through the coupling coordination degree model. The results show that, from 2011 to 2020, the regional elasticity of Xinjiang has been continuously enhanced, the comprehensive development index of tourism in the cities and cities of Xinjiang has increased year by year, and the tourism development level in northern Xinjiang is obviously better than that in southern and eastern Xinjiang; the coupling coordination degree of regional elasticity and tourism development systems gradually increased from 2011 to 2019, and decreased in 2020. The interaction between the two systems shows a trend of optimization and improvement from high coupling and low coordination level to high coupling and high coordination level. In the system level, the regional elasticity system has a higher degree of hindrance to the coupling and coordination level between regional resilience and tourism development systems than the tourism development system itself. In the index level, the foreign exchange income of tourism, the number of inbound tourists and the average number of college students per 10000 people are the main obstacle factors affecting the coupling and coordination degree of regional elasticity and tourism development system.

    Figures and Tables | References | Related Articles | Metrics
    The Differences Between the Scope of Investigation Power and the Scope of Punishment Power of Audit Institutions: Realistic Dilemma and Bridging Path
    ZHENG Shiqiao, HU Xinyi
    2024, (3):  47-54.  doi: 10.16716/j.cnki.65-1030/f.2024.03.005
    Abstract ( )   HTML ( )   PDF (871KB) ( )   Save

    An objective reality of China's audit institutions is that the domain of punishment and handling is smaller than that of investigation. Based on the classical audit theory, this paper analyzes the reasons and consequences of the differences between the audit authority's domains of punishment and handling and investigation, and on this basis, analyzes the ways to bridge these differences. The current audit laws and regulations stipulate that the domain of punishment and handling by audit authorities is smaller than that of investigation. The main reasons for this domain discrepancy are that specialized economic regulatory departments did not consider the audit authorities as the main enforcing bodies when proposing their own departmental legislation drafts, and there are different interpretations of "the scope of statutory authority" among relevant personnel in reality. This domain discrepancy severely affects the efficiency of handling and punishing issues found by audits. The path to bridging this domain discrepancy is to extend the domain of punishment and handling to the domain of investigation. Although this will lead to dual supervision of economic activities, since professional economic regulation and audit supervision are of different natures, there are differences in supervision purposes, focuses, and methods between the two, thus avoiding redundant supervision.

    Figures and Tables | References | Related Articles | Metrics
    How does the Performance Appraisal System Affectthe Budget Slack of Central Enterprises—Evidence from a Quasi Natural Experiments
    NIU Biao, WANG Tao, JING Mingyu
    2024, (3):  55-67.  doi: 10.16716/j.cnki.65-1030/f.2024.03.006
    Abstract ( )   HTML ( )   PDF (859KB) ( )   Save

    Budget slack is one of the important combination points of enterprise budget management and performance evaluation. Based on the agency theory and contingency theory, this paper examines the impact of performance appraisal systems on the budget slack of central enterprises using the DID (Difference-in-Differences) model. The results show that the performance appraisal system significantly reduces the degree of budget slack and budget execution deviation in central enterprises by reducing the first type of agency costs, and this effect is more pronounced in enterprises with low levels of internal control; the lower budget slack and budget execution deviation caused by the performance appraisal system can enhance the enterprise value of central enterprises. In the future, regulators should further improve the performance appraisal system and improve the governance efficiency, and at the same time, differentiated regulatory measures should be adopted to promote the improvement of the internal control system of enterprises, so as to provide a strong mechanism guarantee for the full play of the governance efficiency of the performance appraisal system.

    Figures and Tables | References | Related Articles | Metrics
    Research on the Impact of China's Foreign Contracted Projects on the Upgrading of Industrial Structure of Belt and Road Partner Countries
    HU Ying, LI Wei
    2024, (3):  68-80.  doi: 10.16716/j.cnki.65-1030/f.2024.03.007
    Abstract ( )   HTML ( )   PDF (845KB) ( )   Save

    Foreign contracted projects are an important form of capacity cooperation between China and Belt and Road partner countries. Based on the panel data of industrial structure upgrading of 37 Belt and Road partner countries and China's foreign contracted projects from 2011 to 2021, this paper empirically test the role of China's foreign contracted projects in upgrading the industrial structure of Belt and Road partner countries and its specific impact mechanism. The study found that China's foreign contracted projects can significantly promote the upgrading of industrial structure in Belt and Road partner countries. The promotion effect of China's foreign contracted projects on the upgrading of the industrial structure of Belt and Road partner countries is heterogeneous, and its impact is significantly different due to the national income level, whether to sign FTA with China, and so on. There is a single threshold effect in the role of China's foreign contracted projects in promoting the industrial structure upgrade of Belt and Road partner countries. When it crosses the threshold value, the promotion effect on the upgrading of the industrial structure of Belt and Road partner countries will be weakened. In addition, China's foreign contracted projects can promote the upgrading of industrial structure of Belt and Road partner countries by promoting economic growth, expanding import and export trade, and attracting foreign direct investment inflows.

    Figures and Tables | References | Related Articles | Metrics