Using China’s county-level panel data of 2007-2016, this paper verifies theexistence of agglomeration shadows from an infrastructure development perspective. Withhigh-speed railway (HSR) launch as a quasi-natural experiment, we find that th…
Urbanizationhigh-speed railway launchagglomeration shadowsregional
PDFAs two main tools of macroeconomic policies, coordination and conflictbetween fiscal and monetary policies have been paid considerable attention by researchers.Under a structural vector autoregressive model that incorporates fiscal and mone…
Fiscal policymonetary policy rulesmonetary and fiscal policy coordination
PDFTo promote the reconstruction and optimization of the global value chains(GVCs), it is essential to tackle the prominent contradictions and problems includinginequality of opportunity and status in the evolution of the GVC division of labor…
Belt and Road Initiativemutual benefitglobal value chainsa community
PDFCash flow statements suggest that China’s rising labor remuneration has had amajor impact on its national savings rate since 2008. Accordingly, this paper proposes laborremuneration hypotheses to explain the evolving trend of China’s nation…
National savings ratelabor remunerationevolving trendcash flow statement
PDFBased on the endogenous technology progress framework for late-movinglarge countries, this paper simulates the effects of market size on technology progress pathand technology catch-up, and finds that under the strategy of combining innovat…
Technology catch-upmarket sizeinnovationinnovation strategy
PDFDistinct from the existing literature conforming to the Porter hypothesis whichemphasizes the technological innovation mechanism, this paper examines the mechanismof technological transformation through which environmental technical standar…
Environmental technical standards green transitiontechnological
PDFBased on the global asset portfolio model, this paper created a panel thresholdmodel using EPFR fund data to empirically test the non-linear spillover effects of USeconomic policy uncertainties on cross-border capital flow for emerging econ…
Cross-border fund capital flowglobal risk appetiteUS economic policy
