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on China |
| By: | Francois de Soyres; Ece Fisgin; Ana Maria Santacreu |
| Abstract: | A new measure of patent similarity shows China shifting its international patents toward technology-intensive industries traditionally dominated by developed nations. |
| Keywords: | China; patents; technology |
| Date: | 2025–04–03 |
| URL: | https://d.repec.org/n?u=RePEc:fip:l00001:99789 |
| By: | Wu, Fengyu; Wang, Julia Shu-Huah; You, Jing; Teitler, Julien |
| Abstract: | This study examines the health impacts of a large-scale internal migration reform in China. Using nationally representative data from the China Labor-Force Dynamics Survey (2012-2018) and a unique dataset on city-level policy intensity and adoption timing, we employ a triple-difference approach to estimate the effects of migration policies on migrants' perceived physical and emotional health. We find that more lenient policies significantly improve migrants' health relative to natives. Integration policies yield health benefits approximately 3-4 times greater than selection policies. The most effective policy tools enhancing all health outcomes are integration policies granting migrants access to public services and education and selection policies targeting high-skilled migrants. Health improvements are driven by reduced overtime work, greater social capital, and stronger integration with natives. Analysis of treatment effect heterogeneity indicates that selection policies offer more consistent health benefits across various durations of residence, while integration policies primarily benefit long-term migrants. |
| Keywords: | Health, Migration Policies, Internal Migration, Hukou Reform, China |
| JEL: | I18 J61 O15 R23 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:glodps:1598 |
| By: | Hu, Sijie |
| Abstract: | In unified growth models, the evolving nexus between population dynamics and technological change is key to achieving sustained economic growth. This paper uses genealogical records of 23, 449 males and their spouses to investigate this interplay-the intergenerational transmission of reproduction and human capital-within six Chinese lineages from 1300 to 1920. Examining the relationship between reproduction and long-run reproductive success, the empirical results reveal an optimal level of reproduction, demonstrating a strong Darwinian trade-off: high reproduction in each generation did not consistently lead to long-term reproductive success. Further analysis of the mechanisms is consistent with a Beckerian trade-off, highlighting the potential costs of excessive reproduction through contrasting outcomes in sons' quality: having more brothers exhibited little apparent impact on marriageability but may have been associated with lower human capital. Together, these findings contribute to a deeper understanding of micro-demographic dynamics in pre-modern China and the persistence of Malthusian constraints. |
| Keywords: | Reproduction, Long-run reproductive success, Child quantity-quality trade-off, Ming-Qing China |
| JEL: | I25 J13 N35 O15 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:glodps:1572 |
| By: | Andres Rodriguez-Clare; Mauricio Ulate; Jose P Vasquez |
| Abstract: | We present a dynamic quantitative trade and migration model that incorporates downward nominal wage rigidities and show how this framework can generate changes in unemployment and labor participation that match those uncovered by the empirical literature studying the "China shock". We find that the China shock leads to average welfare increases in most U.S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U.S. gains by around two thirds. In addition, there are 18 states that experience welfare losses in the presence of downward nominal wage rigidity that would have experienced gains without it. |
| Keywords: | trade, unemployment, China shock, downward nominal wage rigidity |
| Date: | 2025–03–25 |
| URL: | https://d.repec.org/n?u=RePEc:cep:cepdps:dp2088 |
| By: | Burdekin, Richard C. K.; Siklos, Pierre L. |
| Abstract: | The monetary policy of the People's Bank of China (PBoC) during 2001-2023 is assessed in terms of Taylor and McCallum rules, as well as a proposed composite monetary policy rule. PBoC policy is found to be responsive to the gap between target and actual nominal GDP in the McCallum rule, as well as the output and inflation gaps in the Taylor rule. We find a relatively close fit between actual and predicted monetary policy moves under both rules, and a superior fit with our composite rule incorporating monetary and interest-rate factors. The policy reactions persist across a series of transitions between high- and low-volatility regimes identified via Markov-switching regressions. The results are shown to be robust using several techniques. |
| Keywords: | monetary policy, People's Bank of China, policy rules, inflation, deflation |
| JEL: | E58 E52 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:bofitp:315478 |
| By: | Jaehwan LIM; Asei ITO; Hongyong ZHANG |
| Abstract: | In recent years, China’s diplomatic rhetoric has notably taken on a more confrontational tone. The most prominent and contentious manifestation of this shift is Wolf Warrior Diplomacy (WWD). Using textual data from the Chinese Ministry of Foreign Affairs (MFA) press conferences, this study examines the trajectory of WWD, analyzing its fluctuations, the underlying factors influencing the timeline, and its distinctiveness within the broader context of China’s diplomatic assertiveness. Quantitative analysis reveals a significant shift toward a more negative tone starting in July 2019, followed by a slightly more moderate tone after September 2022. The findings suggest that increased intervention by the Chinese Communist Party in MFA affairs is likely to be the primary driver behind WWD, rather than nationalism or geopolitical tensions. Further analysis identifies terms such as ‘responsibility for a crime, ’ ‘discredit, ’ or ‘ideology’ as key indicators of WWD fluctuation. This study contributes to understanding the domestic sources of Chinese foreign policy behaviors and the changing nature of Chinese diplomatic discourse under President Xi Jinping. |
| Date: | 2025–03 |
| URL: | https://d.repec.org/n?u=RePEc:eti:dpaper:25028 |
| By: | Heo, Jaichul (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP)) |
| Abstract: | Since the 2019 extradition bill protests, Hong Kong’s politics and society have been showing signs of becoming more sinicized relatively quickly, while some changes have also been detected in the economic sphere, but Hong Kong still appears to be maintaining its various economic functions. Over time, Hong Kong is likely to transition into a role as a regional economic center within the Chinese economy, influenced by the long-term growth of China. Accordingly, we need to seek to strengthen cooperation with Hong Kong as a part of regional economic cooperation between Korea and China, and in the process, we need to strengthen cooperation with Hong Kong, focusing on industries in which Hong Kong is competitive or which it plans to strategically foster in the future. In addition, since Hong Kong’s economic function as an international financial hub is expected to continue for a considerable period of time, it seems reasonable to choose a policy direction that strengthens Korea’s financial competitiveness through financial cooperation with Hong Kong, rather than pursuing an impractical policy of seeking to replace Hong Kong. |
| Keywords: | evaluation; economic; social; change; Hong Kong |
| Date: | 2025–03–11 |
| URL: | https://d.repec.org/n?u=RePEc:ris:kiepwe:2025_009 |
| By: | Xu, Mohan; Tang, Yao |
| Abstract: | In the current study, we document a steady rise in the share of renewable energy projects in China's outward direct investment (ODI) in the energy sector. We examine the driving forces and find that both host country's environmental regulation and financial factors has generated different or even opposite effects on China's ODI in fossil fuels and renewable energy. Specifically, China's ODI in fossil fuels is positively correlated with endowments in fossil fuels, electricity consumption, low financing costs, and high exchange rate volatility. In comparison, ODI in renewable energy is more likely to occur in host countries with stricter environmental regulation and less likely to be impeded by tighter monetary policy. The results suggest that the combination of regulatory policies and financing conditions can have an important influence in the global transition to renewable energy. |
| Keywords: | direct investment, fossil fuels, renewable energy, environmental regulation, monetary policy, exchange rate volatility |
| JEL: | E43 F21 Q40 |
| Date: | 2025–04–02 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:124270 |