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on China |
| By: | Alejandro Grinspun (International Poverty Centre) |
| Keywords: | Poverty, China |
| Date: | 2005–04 |
| URL: | http://d.repec.org/n?u=RePEc:ipc:opager:0013&r=cna |
| By: | F. Gerard Adams (College of Business Administration, Northeastern University); Yochanan Shachmurove (Department of Economics, City University of New York and Department of Economics, University of Pennsylvania) |
| Abstract: | As current trends of Chinese economic growth and motorization continue, its demand for higher efficiency fuels (oil, gas, and electric power) will increase. This, coupled with China’s limited domestic production, can translate into a massive demand for energy imports. To predict China’s energy demand into 2020, an econometric model of the Chinese energy economy is constructed based on its energy balance. This paper suggests that China’s increase demand for energy imports will be most sensitive to increases in motorization rather than economic growth. It can be partially offset by increasing domestic energy production or energy efficiency. |
| Keywords: | China; Energy; Energy Demand; Petroleum and Coal; World Energy Markets; Motorization; Energy Efficiency |
| JEL: | Q3 Q4 F1 F2 F4 L9 N7 O53 P28 |
| Date: | 2007–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:pen:papers:07-012&r=cna |
| By: | Fuller, Frank H.; Beghin, John C.; Rozelle, S. |
| Abstract: | Using urban survey data collected by the authors in 2001-2002, this paper analyzes demographics, cultural factors, and purchasing behaviors influencing the consumption of fresh milk, yogurt, ice cream, and powered milk in Beijing, Shanghai, and Guangzhou, China. Results from estimation of a double-hurdle model of consumption show that income and marketing channels are the key determinants of milk consumption levels; however, education, advertising, and convenience play a more important role in consumption of other dairy products. There is some evidence that milk powder, as a consumer good, may be becoming an inferior product in urban China. Finally, the survey data suggest that the growing sophistication of China’s retail sector is influencing consumption of dairy products. |
| Keywords: | dairy products, demand analysis, survey data, limited dependent variable models, China |
| Date: | 2007–02–23 |
| URL: | http://d.repec.org/n?u=RePEc:isu:genres:12730&r=cna |
| By: | Ding, Ke |
| Abstract: | China’s huge domestic market is constantly expanding, and is low-end demand oriented and highly dispersed. The domestic market-based development of China’s industrial cluster, however, is not only a quantitative expansion, but has also been accompanied with remarkable qualitative upgrading. Specialized markets are a microcosm that clearly indicate this paradoxical phenomenon. By analyzing three typical cases of industrial clusters that have specialized markets, this paper will make the case that under modern China’s market conditions, the local public sector is the crucial driving force for upgrading industrial clusters, which organize complicated transactions, promote quality control, and stimulate the division of labor. |
| Keywords: | China, Industrial cluster, Market condition, Specialized market, Local public sector, Industrial estates, Local industy, Market, Public sector |
| JEL: | L1 L5 L6 O1 |
| Date: | 2007–02 |
| URL: | http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper88&r=cna |
| By: | Jérôme Héricourt (Université de Sciences et de Technologies Lille 1); Sandra Poncet (Centre d'Economie de la Sorbonne) |
| Abstract: | In this paper, we analyze whether incoming foreign investment in China plays an important role in alleviating domestic firms' credit constraints. Access to external finance is a crucial determinant of business expansion. Using firm-level data on 2,200 domestic companies for the period 1999-2002, we investigate the extent to which firms are fiancially constrained and whether direct foreign investment relaxes financing constraints of firms. When we split domestic firms into public and private firms, we find that public firms' investment decisions are not sensitive to debt ratios or the cost of debt. Nor is there any evidence that public firms are affected by foreign firms presence. We interpret this as evidence in support of the notion of a soft budget constraint for public firms. In contrast, private domestic firms appear more credit constrained than state-owned firms but their financing constraints tend to ease in a context of abundant foreign investment. |
| Keywords: | Financial constraint, corporate finance, Foreign Direct Investment. |
| JEL: | E22 E44 G31 O16 |
| Date: | 2007–02 |
| URL: | http://d.repec.org/n?u=RePEc:mse:cesdoc:bla07009&r=cna |