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We examine econometrically the real effects of paper money's introduction into colonial New England over the 1703-1749 period. Departing from earlier analyses that focus primarily on the depreciation of paper money in the region, we show that expansion of the money stock promoted growth in modern sector activity and not the other way around. We also find that bills emitted for seigniorage purposes had a positive effect on the modern sector, while bills issued through loan banks did not. [ABSTRACT FROM AUTHOR]

Enhancing the green economy efficiency (GEE) is crucial for building a sustainable economy. How can the rapidly advancing digital transformation contribute to this process? The paper empirically examines the direct and spatial spillover effects of digital transformation on cities' GEE in China. This study utilizes the National E-commerce Pilot City (NEPC) policy as a quasi-natural experiment of regional digital transformation and employs the staggered difference-in-differences (DID) method with heterogeneous effects. The findings reveal that (i) implementing the NEPC policy significantly increases urban GEE by 2.6%, corresponding to a 16% increase in the mean of GEE. This effect is particularly pronounced in non-resource-based cities and cities with high Internet penetration. (ii) The mechanism test shows that the pilot policy positively affects GEE by promoting green structural transformation, enhancing green innovation, and strengthening public environmental concerns. (iii) The study highlights a positive spatial spillover effect of the NEPC policy on the GEE of nonpilot cities. (iv) The adoption of the NEPC plays a pivotal role in advancing energy use and carbon emission efficiency. This paper expands the existing knowledge on the green development effects of the digital economy while offering valuable policy insights for building an "Inclusive Green Economy". [Display omitted] • The staggered differences-in-differences method is employed to examine the direct and spatial spillover effects of NEPC on cities' GEE in China. • This paper uses NEPC as a quasi-experiment for digital transformation. • NEPC significantly improves green economic efficiency by 2.6%. • Green structural transformation, innovation, and environmental concerns are main channels. • Positive spillover effect of NEPC on green economy efficiency in non-pilot cities. [ABSTRACT FROM AUTHOR]

This paper presents an atmospheric vulnerability assessment framework based on CAMx that should be helpful to assess potential impacts of changes in human, atmospheric environment, and social economic elements of atmospheric vulnerability. It is also a useful and effective tool that can provide policy-guidance for environmental protection and management to reduce the atmospheric vulnerability. The developed framework was applied to evaluate the atmospheric environment vulnerability of 13 cities in the Beijing-Tianjin-Hebei (BTH) region for verification. The results indicated that regional disparity of the atmospheric vulnerability existed in the study site. More specifically, the central and southern regions show more atmospheric environment vulnerability than the northern regions. The impact factors of atmospheric environment vulnerability in the BTH region mainly derived from increasing population press, frequently unfavorable meteorological conditions, extensive economic growth of secondary industry, increased environmental pollution, and accelerating population aging. The framework shown in this paper is an interpretative and heuristic tool for a better understanding of atmospheric vulnerability. This framework can also be replicated at different spatial and temporal scales using context-specific datasets to straightly support environmental managers with decision-making. [ABSTRACT FROM AUTHOR]

As the world struggles with pressing issues like climate change and sustainable development, affecting health outcomes and environmental quality, the Nordic regionsare at the forefront of major global challenges. This paper investigates the role of human capital, renewable energy use, tourism, natural resources, and economic growth in shaping life in the Nordic region i.e., Denmark, Norway, Sweden, Finland, and Iceland).Utilizing panel data spanning from 1990 to 2020, the Driscoll and Kraay standard error (DSK) technique is employed to analyze this intricate interplay. The study reveals that in the Nordic context, sustainable economic growth, bolstered by investments in human capital and the widespread acceptance of renewable energy sources, has been positively associated with increased life expectancies. Furthermore, prudent management of natural resources has helped mitigate adverse health effects related to depletion, maintaining environmental and public health standards. The thriving tourism industry has also been shown to influence lifespan in this region positively. On the contrary, the empirical finding contended that an adverse correlation exists between carbon emissions and LEX. This research underscores the importance of a comprehensive and balanced approach that considers economic development, sustainable development, and public health in pursuing longer and healthier lives, providing valuable insights for policymakers and regions seeking to replicate these positive outcomes.The findings of this study are both conceptually reliable and empirically robust, providing important insights for the formulation of environmental and health policy. • Sustainable economic growth, bolstered by investments in human capital positively increases life expectancies. • Environmental problems account for 23 percent of global mortality. • The study examined the long-run connection between ECG, CEM, NRR, TOU, HUC, REU, and LEX among the Nordic Regions. • Grossman's healthcare model influences health economics, explaining people's choices for a better demand of healthcare services • Cross-sectional Dependency Test, slope homogeneity test (SHT), adopting the Driscoll-Kraay Standardized (DSK) panel estimation approach. [ABSTRACT FROM AUTHOR]

Market transaction data are used to estimate the quantity of specie in circulation. This estimate is used to provide the first comprehensive measure of a colony''s money supply and, along with data on population and prices, to retest the quantity theory of money and measure output growth using the equation of exchange. Output growth is found to depend on periodization and the extent that rising commercialization increased the velocity of circulation. Specie was becoming relatively less scarce as the Revolution approached, and movements in specie and paper currency both offset and reinforced each other depending on the period of analysis. (JEL N11, N21, E42, E51) [Copyright &y& Elsevier]

China's industrial parks have been playing a crucial role on driving regional economy development, but also been posing threats to local environment due to intensive resource consumption and waste emission. Chinese government facilitated eco-industrial development of industrial park, aiming to output more with less environmental burden. In our study, the eco-efficiency levels of 40 Chinese industrial parks in 2012 were assessed and ranked by Data Envelopment Analysis (DEA). This paper applied indicators relevant to resource, economy, and environment from industrial parks which can well reflect the characteristics of eco-efficiency conforming to the concept of sustainability. This paper introduced how to adjust less sustainable parks to be more sustainable according to the DEA results. The roles of industrial added value per capita, industrial structure, environmental policy and development scale as influence factors of eco-efficiency were discussed. The results show that large differences exist in the eco-efficiency of different industrial parks. It is shown that 20% of the parks are relatively efficient. 47% of the study parks being inefficient in terms of scale efficiency show decreasing returns to scale. Policy implementations for the management of industrial parks were also discussed based on the results. [ABSTRACT FROM AUTHOR]

Accounting for the ecosystem service values (ESVs) and discussing the relationship between the ESVs and economic development can help achieve sustainable ecological development. Therefore, this paper evaluates the county-level ESVs of various land types in China, and depicts the distribution of ESVs in various urban agglomerations. In addition, the nonlinear relationship between ESVs and economic development is revealed. The main findings are as follows: (1) From 2000 to 2018, the ESVs in China decreased, and the decline rate of ESVs in urban agglomerations is much higher than that of China as a whole. (2) The decline rate of ESVs in core cities is much higher than in urban agglomerations, and the decline rate of ESVs is higher in areas close to core cities and lower in areas far from core cities. (3) The ecological Kuznets curve of China has a positive "U" shape, and the ecological Kuznets curve of urban agglomerations has an "N" shape; the ecological Kuznets curve of core cities has a positive "U" shape, while the ESVs of other cities decreases monotonically with the increase of the economic level. • This paper fills the data gap of ESVs at the county level in China. • The reduction rate of ESV in urban agglomeration is larger than the national level. • The reduction rates of ESV in core cities are larger than the urban agglomerations. • The ecological Kuznets curve is "U"-shaped in China. • Non-urban agglomeration cities are still left to the inflection point. [ABSTRACT FROM AUTHOR]

The number and total area of nature reserves in China has increased rapidly over the past couple of decades; however, the ability to effectively manage these reserves has not kept pace and conflicts between conservation efforts and economic development have emerged. The Snake Island-Laotie Mountain National Nature Reserve (SILMNNR) currently is experiencing the challenges of balancing conservation with local community development. This paper uses components analysis of human ecosystems (HEC) to examine conflicts arising from the management of the nature reserve and uses a stakeholder analysis to identify and better understand stakeholder inter-relationships in the SILMNNR-HEC. The goal of this study is to identify critical factors influencing stakeholder relationships in order to find ways of relieving conflicts between the reserve management and development. The stakeholder analysis revealed that the key stakeholders in the SILMNNR-HEC are natural resources, the Liaoning SILMNNR Authority, local residents, and enterprise developers; however, there was unequal power among stakeholders in the decision making process affecting the nature reserve. The paper evaluated the conditions and processes of SILMNNR-HEC through a framework of stakeholder relationships where critical factors, such as policy, finance, technology, and labor, and their respective strengths and feedbacks among stakeholders, were assessed and showed unequal flows of power among stakeholders. Two approaches are provided for transforming the unbalanced relationships into a stable and sustainable framework to sustainably manage the nature reserve: the first is by changing stakeholder relationships from opposition to cooperation; and the second by enhancing feedbacks and dynamics among stakeholders. The analysis used in this paper can be used as a model to assess conflicts around other protected areas in China and elsewhere. [ABSTRACT FROM AUTHOR]

Artificial intelligence (AI) has been proved to be an important engine of green economic development, yet how it will affect the internal structure of green economy is unknown. The aim of this study is to examine the impact and its mechanism of AI on green total factor productivity (GTFP) from the internal-structure perspective, by using provincial panel data of China from 2009 to 2021 and global Malmquist index. The main research results show that: (1) the development of AI contributes to China's GTFP growth. And this effect is more significant in undeveloped areas; (2) AI promotes China's GTFP growth mainly by improving resource allocation efficiency, while it exerts little impact through the paths of technological progress and scale efficiency; (3) the transmission mechanism of AI on GTFP varies greatly among China's three main regions. In the eastern region, AI improves GTFP mainly by both advancing technological progress and improving resource allocation efficiency, while in central region AI contributes to GTFP growth mainly through technological progress. Compared with the eastern and central regions, AI in the western region plays a stronger impact on GTFP through the channel of improving scale efficiency. This study helps to understand the pathways of artificial intelligence affecting the transformation of green economic growth and formulate differentiated regional policies in light of local conditions. • This paper studies the effects of AI on China's GTFP from internal-structural perspective. • GTFP is decomposed into three internal factors by the global Malmquist index. • AI has positive effect on GTFP through different impacts on internal factors. • Improving resource allocation efficiency is the most critical channel of AI on GTFP. • AI plays a more significant role in promoting GTFP in less developed areas. [ABSTRACT FROM AUTHOR]

In today's world, where economic development and environmental sustainability are becoming increasingly important aspects of national strategy, attention to the impact of different economic sectors on climate change is becoming an integral part of scientific research. This article focuses on analyzing the impact of primary and secondary economic sectors development on carbon dioxide (CO 2) emissions at the sub-national level in Russia from 2005 to 2019. The aim of the study is to provide an in-depth understanding of the relationships between the dynamics of these sectors and CO 2 emission levels in different regions of the country. Weighted regression and panel data methods were applied to better identify the patterns of the impact. The results show that the size of population and electricity consumption have the highest impact on CO 2 emissions. So that, the expansion of nuclear and gas generation capacity, as well as significant improvement of energy efficiency, are of crucial importance to reduce the emissions. Other sectors have a heterogeneous impact and requires more differential approaches, considering the specifics of regions. Taking into account the significant differences between the Russian constituent entities, this paper emphasizes the low informativeness of assessments at the national level and their inadequacy in terms of improving the efficiency of domestic management, including decarbonization policies. • The impact of considered economic sectors on CO 2 emissions were analyzed in 80 Russian constituent entities in 2005–2019. • Weighted regression and panel data methods were used to catch the specifics of Federal districts and constituent entities. • Population size and electricity consumption have the highest impact on CO 2 emissions. • Increasing energy efficiency and modernization of energy facilities are the most promising solutions to reduce the emissions. [ABSTRACT FROM AUTHOR]

Green investment transformation is the main interval difference of the Belt and Road Initiative, however, its actual effects are still uncertain. Finding out its utility, mechanism and improvement on green economy may accelerate green development. In this paper, Slack Based Measure model is used to obtain original results, Super-Efficiency model is used to sort effective decision-making units for stronger efficient frontier and Minimum Distance to Strong Efficient Frontier model is used to narrow gaps between non-effective ones and real situations. Then Global Malmquist-Lunberger index makes results dynamisation. Samples of 51 countries joining the Belt and Road Initiative from 2008 to 2022 are used in above-mentioned models to portray green economic dynamics. Then utility, mechanism and improvement of green investment transformation on green economy are studied through econometric model. The findings show that (i) Green Belt and Road Initiative makes green economic development more stable. The standard deviation decreases by 96.53% and mean maintains in 1.5. However, disconnection between a 36.36% increase of pure technological change and a 24.83% decline of its scale effect inhibits technical advance. (ii) Share of countries obtaining green scale revenues reaches 56.86%, which realizes a 52.64% increase. Furthermore, gaps between countries with positive status and those with negative status narrow 68.42%. Positive group accounts for 50% in developed countries and 46.15% in developing countries. (iii) Performance of Green Belt and Road Initiative is better than the Belt and Road Initiative. A one standard deviation increase in green investment transformation increases green economic development by 0.2705 (0.2105), which is a 18.57% (14.45%) increase relative to average green economic development of 1.457. Former's strengths also reflect in different quantiles, lagging effect and heterogeneity analysis. (iv) Green investment transformation of Green Belt and Road Initiative broadens more reliable mechanism (Promote Innovation - Strict Regulation - Ensure Commercialization) based on original one (Improve Efficiency - Decrease Costs - Increase Revenues) of the Belt and Road Initiative. (v) For the green investment transformation with government subsidies, property rights protection, investment environment stability and exchange cooperation, magnitudes of its effects on green economic development have significant increases by 25.03%, 31.77%, 8.01% and 10.12% respectively. The findings not only help understand green economic status, but also support some policy insights for achieving green economy by discovering utility, mechanism and improvement of green investment transformation. [Display omitted] • Portraying green economic dynamics in countries joining the Belt and Road Initiative. • Analyzing interval difference, and then exploring the intrinsic driver. • Distinguishing technical performance and imitable benchmarks of individual characteristics. • Empirically testing effects of green investment transformation on green economic development. [ABSTRACT FROM AUTHOR]

In the context of remarkable economic growth and financial development in the emerging economies of East Asia, this paper attempts to shed light on the ecological consequences (CO2 emission) of economic growth, foreign direct investment and financial development in the selected ASEAN-5 economies. Drawing on the data from 1982 to 2014, we employed a set of quantitative techniques for panel data analysis which entailed Dynamic Ordinary Least Squares (DOLS) and Fully Modified OLS (FMOLS) approaches. Our findings indicate that financial and economic development, as well as FDI, have a statistically significant long-run co-integrating relationship with environmental degradation (CO2 emissions) in the under analysis economies. It showed that in ASEAN-5 countries, economic growth, financial development and FDI leads to an increase in environmental degradation. The quadratic term for economic growth showed a negative impact on environmental degradation i.e. Environmental Kuznets Curve (EKC). Our key findings manifest and emphasise the importance of appropriate policies for more inclusive economic and financial development and sustainable foreign direct investment which does not impede on the environment. Image 1 • Remarkable economic growth, financial development and FDI Influx weighs on the environmental quality in ASEAN. • Financial and economic development and FDI have a significant long-run relationship with environmental degradation. • Weak evidence of Environmental Kuznets Curve (EKC). • FDI leads to environmental degradation in ASEAN i.e. support for Pollution Heavens Hypothesis (PHH) in ASEAN. • Different aspect of financial development has varying impact on the Environmental degradation. [ABSTRACT FROM AUTHOR]

Abstract The introduction of effective solid waste management strategies in developing countries should be considered for improving sustainability at global level. Many barriers should be overcome, concerning the introduction of environmental policies, effective investments, social inclusion and public awareness, which are significant issues in low-middle income countries. The Circular Economy could represent the answer for improving current solid waste management activities worldwide, since denote the principle of waste valorization and recycling for boosting developing economies. This paper is focused on this theme, analyzing main opportunities for improving the current state of solid waste management in developing big cities. The solid waste management of two countries are reviewed: Romania is the emerging country where Circular Economy is becoming a future objective due to economic aids and strength regulations which the European Union (EU) established for the nations forming parts the alliance; as a comparison, Bolivia is reported for evaluating main differences founded for developing recycling systems in a no-EU country. These two case studies could be of interest for highlighting main pros and cons of the participation into a wide organization like the EU for introducing in short terms Circular Economy principles. Moreover, a theoretical Circular Economy model for developing big cities in low-middle income countries is described within the study for effectively comparing which chances can spread for these countries as regard municipal solid waste exploitation. Despite the economic level, Romania and Bolivia are both facing with many solid waste management issues although in different magnitude. For the Romanian case study, it is visible how it cannot achieve the European goals for 2020 due the need of change in public recycling behavior. Bolivia, instead, represents the case where international aids and new investments are required, considering the informal sector into the formal management system as a real opportunity for improving local recycling rate. In conclusion, the comparison suggests how external supports led to implement the principles of the Circular Economy within a developing region. The model of Circular Economy proposed is recommended for developing big cities in order to advance a new form of safe employment, encouraging the activities that are still in action (i.e. informal sector) and boosting the principles of sustainable development. Highlights • A circular economy model for developing countries was presented. • Solid waste management of Romania and Bolivia can be compared. • Municipal and "special" solid waste should be managed in an integrated manner. • Integrated regulations about solid waste are essential for developing countries. • The informal sector plays a key role on sustainable solid waste management. [ABSTRACT FROM AUTHOR]

Increased soil erosion on sloped land has become a significant environmental concern in China that has been attributed to human activities such as deforestation, over-cultivation, and over-grazing of livestock. In order to reduce soil erosion on sloped lands, the Chinese government has responded by implementing large-scale, ecological rehabilitation programs, including the “Grain for Green” reforestation project. This program involves financial incentives to transition farmers into other economic activities with the goal of reducing ecological pressures and degradation. Because of the scope and potential impacts from these programs, detailed research is needed to understand their social and ecological effects. This paper reports on research conducted in Tianquan County, Sichuan Province, and Wuqi County, Shaanxi Province, that evaluates the effects of the program upon local economies and household livelihood systems. The paper argues that the successful conversion of farmland under “Grain for Green” depends upon local government involvement, local economic development, and funding for local projects. Without economic development within rural economies, we conclude that farmers will remain dependent upon continued subsidy assistance to meet the policy’s ambitious environmental restrictions, thereby undermining the program’s long-term sustainability. [Copyright &y& Elsevier]

Abstract Consumption demands are final drivers for the extraction and allocation of natural resources. This paper investigates demand-driven natural resource requirements and spatial outsourcing within China in 2012 by using the latest multi-regional input-output model. Exergy is adopted as a common metric for natural resources input. The total domestic resource exergy requirements amounted to 125.5 EJ, of which the eastern area contributed the largest share of 44.5%, followed by the western area (23.9%), the central area (23.0%) and the northeastern area (8.6%). Investment was the leading final demand category, accounting for 52.9% (66.4 EJ) of national total embodied resource use (ERU). The total trade volumes of embodied resource were equivalent to 69.6% of the total direct resource input (DRI), mostly transferred from the central and western regions such as Inner Mongolia, Shanxi, Shaanxi and Xinjiang to the eastern regions such as Jiangsu, Zhejiang, Guangdong and Shanghai. The northeastern and eastern areas had physical net imports of 1213.5 PJ and 38452.6 PJ, while the central and western inland areas had physical net exports of 6364.5 PJ and 33301.5 PJ, respectively. Shanghai, Beijing, Zhejiang, Jiangsu and Guangdong had prominent ERUs which respectively were 101.6, 12.6, 11.7, 8.4 and 4.3 times of their DRIs. The ERUs of Inner Mongolia, Shaanxi, Shanxi, Ningxia and Guizhou were equal to only 17.6%, 25.3%, 27.9%, 46.0% and 50.2% of their DRIs, respectively. Regional uneven development resulted in imbalanced resource requirements across China. The findings can provide a deep understanding of China's resource-driven economic development mode, and contribute to reducing regional resource footprints and their environment outcomes under the "new normal economy". Highlights • Outsourcing resource requirements within China 2012 is systematically revealed. • Exergy is adopted as a common metric for various natural resources input. • 69.6% of national total resource requirements were transferred via domestic trade. • Regional resource use patterns under the "new normal economy" are identified. [ABSTRACT FROM AUTHOR]

This paper very briefly surveys current research on Asian economic development, and also discusses several recent papers on the contributions of economic history to understanding development. I then review the contributions of the papers in this special volume of Explorations in light of these two literatures. [ABSTRACT FROM AUTHOR]

Large dams represent a whole complex of social, economic and ecological processes, perhaps more than any other large infrastructure project. Today, countries with rapidly developing economies are constructing new dams to provide energy and flood control to growing populations in riparian and distant urban communities. If the system is lacking institutional capacity to absorb these physical and institutional changes there is potential for conflict, thereby threatening human security. In this paper, we propose analyzing sustainability (political, socioeconomic, and ecological) in terms of resilience versus vulnerability, framed within the spatial abstraction of a powershed. The powershed framework facilitates multi-scalar and transboundary analysis while remaining focused on the questions of resilience and vulnerability relating to hydropower dams. Focusing on examples from China, this paper describes the complex nature of dams using the sustainability and powershed frameworks. We then analyze the roles of institutions in China to understand the relationships between power, human security and the socio-ecological system. To inform the study of conflicts over dams China is a particularly useful case study because we can examine what happens at the international, national and local scales. The powershed perspective allows us to examine resilience and vulnerability across political boundaries from a dynamic, process-defined analytical scale while remaining focused on a host of questions relating to hydro-development that invoke drivers and impacts on national and sub-national scales. The ability to disaggregate the affects of hydropower dam construction from political boundaries allows for a deeper analysis of resilience and vulnerability. From our analysis we find that reforms in China's hydropower sector since 1996 have been motivated by the need to create stability at the national scale rather than resilient solutions to China's growing demand for energy and water resource control at the local and international scales. Some measures that improved economic development through the market economy and a combination of dam construction and institutional reform may indeed improve hydro-political resilience at a single scale. However, if China does address large-scale hydropower construction's potential to create multi-scale geopolitical tensions, they may be vulnerable to conflict – though not necessarily violent – in domestic and international political arenas. We conclude with a look toward a resilient basin institution for the Nu/Salween River, the site of a proposed large-scale hydropower development effort in China and Myanmar. [Copyright &y& Elsevier]

Abstract: This paper analyzes the impact of infrastructure investment on Spanish economic growth between 1850 and 1935. Using new infrastructure data and VAR techniques, this paper shows that the growth impact of local-scope infrastructure investment was positive, but returns to investment in large nation-wide networks were not significantly different from zero. Two complementary explanations are suggested for the last result. On the one hand, public intervention and the application of non-efficiency investment criteria were very intense in large network construction. On the other hand, returns to new investment in large networks might have decreased dramatically once the basic links were constructed. [Copyright &y& Elsevier]

Abstract: This paper explores the development of water supplies by private ditch companies during the California Gold Rush. Using data taken from newspaper stories, mining camp by-laws, and state Supreme Court and district court cases, the paper documents the presence of institutional conditions that were unfavorable to support private water investments including property rights uncertainty, imperfect capital markets, and significant contractual enforcement costs that may have provided opportunities for contractual holdup by miners. Some evidence suggests that water development was likely discouraged to some extent. Nevertheless, the larger response was a major expansion in water supplies through an extensive ditch system, suggesting that there were factors that limited the ability of miners to capture rents, including various ditch company strategies to limit their exposure to opportunistic behavior and recognition by miners of their reliance on ditch companies. [Copyright &y& Elsevier]

This paper analyses the causes of Portuguese catching-up to the European core, in the 20th century, within a growth accounting framework. It concludes that investment in human and physical capital was the main driving force of economic growth and that variation in output growth rates are attributable to changes in total factor productivity growth. The paper explains the decline in TFP growth after 1973 in terms of structural change in the industrial sector. [Copyright &y& Elsevier]

Nature-based solutions (NBS) are increasingly applied to guide the design of resilient landscapes and cities to enable them to reach economic development goals with beneficial outcomes for the environment and society. The NBS concept is closely related to other concepts including sustainability, resilience, ecosystem services, coupled human and environment, and green (blue) infrastructure; however, NBS represent a more efficient and cost-effective approach to development than traditional approaches. The European Commission is actively engaged in investing in NBS as a driver in developing ecosystem services-based approaches throughout Europe and the world. The pool of knowledge and expertise presented in this Special Issue of Environmental Research highlights the applications of NBS as ‘living’ and adaptable tools to boost the capacity of landscapes and cities to face today’s critical environmental, economic and societal challenges. Based on the literature and papers of this Special Issue, we propose five specific challenges for the future of NBS. [ABSTRACT FROM AUTHOR]

Economic development, accompanying with environmental damage and energy depletion, becomes essential nowadays. There is a complicated and comprehensive interaction between economics, environment and energy. Understanding the operating mechanism of Energy-Environment-Economy model (3E) and its key factors is the inherent part in dealing with the issue. In this paper, we combine System Dynamics model and Geographic Information System to analyze the energy-environment-economy (3E) system both temporally and spatially, which explicitly explore the interaction of economics, energy, and environment and effects of the key influencing factors. Beijing is selected as a case study to verify our SD-GIS model. Alternative scenarios, e.g., current, technology, energy and environment scenarios are explored and compared. Simulation results shows that, current scenario is not sustainable; technology scenario is applicable to economic growth; environment scenario maintains a balanced path of development for long term stability. Policy-making insights are given based on our results and analysis. [ABSTRACT FROM AUTHOR]

This paper estimates the efficiency of the power generation sector in the USA by using Window Data Envelopment Analysis (W-DEA). We integrate radial and non-radial efficiency measurements in DEA using the hybrid measure while we extend the proposed model by considering good and undesirable outputs as separable and non separable. Then in the second stage, we perform parametric and non-parametric econometric techniques in order to model the relationship between the calculated environmental efficiencies and economic growth in attaining sustainability. Our empirical findings indicate a stable N-shape relationship between environmental efficiency and regional economic growth in the case of global and total pollutants but an inverted N-shape in the case of local pollutants. This implies that attention is required when considering local and global pollutants and the extracted environmental efficiency scores. A clear message to policy makers and government officials is that climate change which calls for economic, environmental and social concern should be analyzed according to its dispersion and regional dimension. [ABSTRACT FROM AUTHOR]

Environmental non-governmental organizations (ENGOs) play an increasingly important role in the process of urban environmental governance, especially in some developing countries such as China. However, existing studies pay little attention to such an issue in China. In this paper, we consider 113 cities in China from the pollution information transparency index (PITI) list released by ENGOs as the treatment group and some other cities as the control group, and use the difference-in-differences (DID) model and propensity score matching DID (PSM-DID) model to explore the role of ENGOs in China's urban environmental governance. The results show that ENGOs play a significantly positive and robust role in China's urban environmental governance. Furthermore, using regression analysis for eastern, central, and western China, we find that the influence of ENGOs exists in eastern and central China rather than in western China. In addition, the results of the Placebo test indicate that the effect of ENGOs shows an upward trend since 2008. We suggest that ENGOs' role should be strengthened in China, and governments at various levels should take into account environmental information released by ENGOs and consider appropriate measures to improve local environment quality using the obtained information. [ABSTRACT FROM AUTHOR]

This paper documents, for the first time, municipality- and occupation-level estimates of income inequality between individuals in a European country in the nineteenth century, using a combination of several detailed data sets for Norway in the late 1860s. Urban incomes were on average 4.5 times as high as rural incomes, and the average city Gini coefficient was twice the average rural municipality Gini. All high- or medium-income occupation groups exhibited substantial within-occupation income inequality. Across municipalities, income inequality is higher in high-income municipalities, and lower in muncipalities with high levels of fisheries and pastoral agriculture. While manufacturing activity is positively correlated with income inequality, the association is not apparent when other economic factors such as the mode of food production is accounted for. The income Gini for Norway as a whole is found to have been 0.546, slightly higher than estimates for the UK and US in the same period. [ABSTRACT FROM AUTHOR]

Production restriction is an environmental regulation adopted in China to curb the air pollution of industrial enterprises. Frequent production restrictions may cause economic losses for enterprises and further hinder their green transformation. Polluting enterprises are faced with the dilemma of choosing environmental protection or economic development. Using panel data on industrial enterprises in China from 2016 to 2019, this paper evaluates the impact of production restrictions on both enterprises' environmental and economic performance with regression models. The results show that production restrictions significantly drop the concentrations of SO2 and NOx emitted from polluting enterprises. Meanwhile, production restrictions have significant negative effects on operating income, financial expenses, net profit, and environmental protection investment. The mechanism analysis reveals that production restrictions mitigate air pollutant concentrations by increasing the number of green patents and improving total factor productivity, which also verifies the Porter hypothesis. However, there is a masking mediating effect of environmental investment, which indicates that the reduction of environmental investment hinders the enterprise's efforts to control air pollution. In addition, heterogeneous analysis shows that the economic shock on microenterprises is larger than that on small enterprises. Implementing production restrictions for microenterprises may be a way to eliminate their backwards production capacity. • Production restriction dropped air pollutants of polluting enterprises. • Production restriction has negative effects on business performance of enterprises. • TFP and green innovation are the mediating variables of pollution reduction. • The reduction of environmental investment hinders the pollution control. • The shocks to the business performance of microenterprises are larger. [ABSTRACT FROM AUTHOR]

Atmospheric pollution emissions have become a matter of public concern in recent years. However, most of the existing researches on NOx pollution are from the natural science and technology perspective, few studies have been conducted from an economic point, and regional differences have not been given adequate attention. This paper adopts provincial panel data from 2006 to 2013 and the LMDI model to analyze the key driving factors and regional dilemmas of NOx emissions. The results show that significant regional disparities still exit on NO x emissions and its reduction effect 27 provinces didn't accomplish their corresponding reduction targets. Economic development factor is the dominating driving factor of NO x emissions during the study period, while energy efficiency and technology improvement factors offset total NO x emissions in the majority of provinces. In addition, the industrial structure factor plays a more significant role in reducing the NO x emissions after 2011. Therefore, the government should consider all these factors as well as regional heterogeneity in developing appropriate pollution mitigating policies. It's necessary to change NOx emissions control attitude from original key areas control to divided-zone control, not only attaches great importance to the reduction of the original key areas, but also emphasizes the new potential hotspots with high NO x emissions. [ABSTRACT FROM AUTHOR]

The conversion of natural ecosystems to agricultural land and urban areas plays a threat to the protected areas and the natural ecosystems conservation. The aim of this paper is to provide an analysis of the agricultural expansion and its impact on the landscape spatial and temporal patterns in a buffer zone of a protected area located in the transition zone between the Atlantic Forest and Cerrado, in the State of São Paulo, Brazil. The land use and land cover were mapped between 1971 and 2008 and landscape metrics were calculated to provide a spatiotemporal analysis of the forest structure and the expansion of the croplands. The results showed that the landscape patterns were affected by the economic cycles. The predominant crop surrounding the protected area is sugar cane, which increased by 39% during this period, followed by citrus. This landscape change is connected to the Brazilian oil crisis in 1973. The rapid expansion of sugar cane was largely driven by Brazil's biofuel program, the “Proálcool” (pro-alcohol), a project in 1975 that mixed ethanol with gas for automotive fuel. The forest loss occurred mainly between 1971 and 1988, decreasing the forest cover from 17% in 1971 to 12.7% in 2008. Most of the forest patches are smaller than 50 ha and has low connectivity. Throughout the years, the fragments in the buffer zone have become smaller and with an elongated shape, and the park has become isolated. This forest fragmentation process and the predominance of monoculture lands in the buffer zone threaten the protected areas, and can represent a barrier for these areas to provide the effective biodiversity conservation. The measures proposed are necessary to ensure the capability of this ecosystem to sustain its original biodiversity. [ABSTRACT FROM AUTHOR]

This paper examines the effects of electricity consumption, economic growth and globalisation on the CO 2 emissions of top 10 electricity consuming countries. Taking annual data from 1971 to 2013, a panel cointegration approach is adopted where Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) methods are used to examine the long-run effects. Dumitrescu and Hurlin causality test is used to explore the directions of causality between the variables of interest. The empirical results reveal that there is a long-term association among these variables; and electricity consumption and economic growth positively and significantly affect the CO 2 emissions in these countries. In contrast, globalisation has significant negative impact on the CO 2 emissions implying the improvement of environmental quality. The findings also confirm the existence of the Environmental Kuznets Curve (EKC) hypothesis, the bidirectional causalities between economic growth and CO 2 emissions, between electricity consumption and CO 2 emissions, and between globalisation and economic growth in the sample countries. A unidirectional causality from economic growth to electricity consumption, from electricity consumption to globalisation and from globalisation to CO 2 emissions is also found. Policy guidelines are suggested in line of the findings. • The paper examines the effects of electricity consumption, economic growth and globalisation on the CO 2 emissions. • Fully Modified Ordinary Least Squares and Dynamic Ordinary Least Squares methods are used. • Electricity consumption and economic growth positively and globalisation negatively affect the CO 2 emissions. • Bidirectional causality between CO 2 emissions, and other three main variables is found. • A unidirectional causality from economic growth to electricity use and from globalisation to CO 2 emissions is revealed. [ABSTRACT FROM AUTHOR]

Impersonal exchange increases trade and specialization opportunities, encouraging economic growth. However, it requires the support of sophisticated public institutions. This paper explains how Classical Rome provided such support in the main areas of economic activity by relying on public possession as a titling device, enacting rules to protect innocent acquirers in agency contexts, enabling the extended family to act as a contractual entity, and diluting the enforcement of personal obligations which might collide with impersonal exchange. Focusing on the institutions of impersonal exchange, it reaches a clear positive conclusion on the market-facilitating role of the Roman state because such institutions have unambiguously positive effects on markets. Moreover, being impersonal, these beneficial effects are also widely distributed across society instead of accruing disproportionately to better-connected individuals. [ABSTRACT FROM AUTHOR]

Green innovation activities of enterprises often fall into the dilemma of financing constraints. Hence, it is urgent that the financial system develops and becomes innovative, especially for a developing country like China. Existing literature mainly explores the influencing factors of green innovation from the environmental regulation, economic growth and government subsidies perspective. However, few papers critically study how digital finance influences green innovations. To explore the internal influencing mechanism of digital finance on the quantity and quality of green technology innovation, panel data of 271 prefecture-level cities from 2011 to 2019 in China is used. Based on theoretical analysis and empirical research, we get the following conclusions. First, digital finance can improve the quantity and quality of green technological innovation, which has become a significant driving force for green innovations in China. The results are still robust after the endogeneity tests. Second, the results of heterogeneous analysis indicate that the different dimensions of digital finance can improve green innovations. They include breadth of coverage, depth of use, and degree of digitization. The positive effect of digital finance is most substantial in eastern cities, followed by central cities, and weakest in western cities. Third, digital finance indirectly improves green innovation mainly by alleviating financing constraints. Our empirical results provide policy enlightenment for realizing the coordination of China's urban digital transformation and green economic development. • The effect of digital finance on the quantity and quality of green innovation is explored based on the actual background in China. • Digital finance has become a significant driving force for green innovation in China. • The different dimensions of digital finance can improve green innovations. • Digital finance plays a positive role in green technology innovation mainly by alleviating financing constraints. [ABSTRACT FROM AUTHOR]

The world is becoming more and more urbanized at every income level, and there has been a dramatic increase in the number of mega-cities in the developing world. This has led scholars to believe that development and urbanization are not always correlated, either across space or over time. In this paper, we use historical data at both the country level and city level over the five centuries between 1500–2010 to revisit the topic of “ urbanization without growth ” (Fay and Opal, 2000). In particular, we first establish that, although urbanization and income remain highly correlated within any given year, urbanization is 25–30 percentage points higher in 2010 than in 1500 at every level of income per capita. Second, while historically this shift in urbanization rates was more noticeable at the upper tail of the income distribution, i.e. for richer countries, it is now particularly visible at the lower tail, i.e. for poorer countries. Third, these patterns suggest that different factors may have explained the shift in different periods of time. We use the discussion of these factors as an opportunity to provide a survey of the literature and summarize our knowledge of what drives the urbanization process over time. [ABSTRACT FROM AUTHOR]

Environmental water problems have become increasingly severe, with the coal-water conflict becoming one of the most difficult issues in large scale coal mining regions. In this paper, a bi-level optimization model based on the Stackelberg–Nash equilibrium strategy with fuzzy coefficients is developed to deal with environmental water problems in large scale coal fields, in which both the groundwater quality and quantity are considered. Using the proposed model, and fully considering the relationship between the authority and the collieries and also the equilibrium between economic development and environmental protection, an environmental protection based mining quotas competition mechanism is established. To deal with the inherent uncertainties, the model is defuzzified using a possibility measure, and a solution approach based on the Karush-Kuhn-Tucker condition is designed to search for the solutions. A case study is presented to demonstrate the practicality and efficiency of the model, and different constraint violation risk levels and related results are also obtained. The results showed that under the environmental protection based mining quotas competition mechanism, collieries attempt to conduct environmentally friendly exploitation to seek greater mining quotas. This demonstrates the practicality and efficiency in the proposed model of reducing the coal-water conflict. Finally, a comprehensive discussion is provided and some propositions is given as a foundation for the proposed management recommendations. [ABSTRACT FROM AUTHOR]

This paper argues that China's size was one reason behind its relative decline in the nineteenth century. A ruler governing a large country faces severe agency problems. Given his monitoring difficulties, his agents have strong incentives to extort the taxpayers. This forces him to keep taxes low to prevent revolts. Economic expansion could aggravate corruption and cause further fiscal weakening. To support the model's predictions, I show that the Chinese state taxed and administered sparingly, especially in regions far from Beijing. Furthermore, its fiscal capacity contracted steadily during the prosperous eighteenth century, sowing the seeds for the nineteenth-century crises. [ABSTRACT FROM AUTHOR]

This paper examines whether unproved geographical access to the central bank contributed to local credit development in France during the Belle Époque (1880-1913). I use a new data set of credit by administrative area (département) in order to test the effect of the Bank of France network of branches on an indicator of local "credit development". The results suggest that, despite potential market frictions created by the Bank of France, the positive effects of the network of its branches outweighed the negative ones. [ABSTRACT FROM AUTHOR]

This paper examines the impacts of banking market structure and regulation on economic growth using new data on banking market concentration and manufacturing industry-level growth rates for U.S. states during 1899-1929--a period when the manufacturing sector was expanding rapidly and restrictive branching laws segmented the U.S. banking system geographically. Unlike studies of developing and developed countries today, we find that banking market concentration generally had a positive impact on manufacturing sector growth in the early twentieth century United States, with a somewhat stronger impact on industries with smaller establishments, lower rates of incorporation, and less reliance on bond markets (and, hence, relatively more reliance on banks). Because regulations affecting bank entry varied considerably across states and the industrial organization of the U.S. banking system differs markedly from those of other countries, we consider the impact of other aspects of banking market structure and policy on growth. Even after controlling for differences in the prevalence of branch banking, deposit insurance, and other aspects of policy and market structure, we find that market concentration boosted industrial growth. [ABSTRACT FROM AUTHOR]

The nexus between trade and economic growth in Italy has been widely debated by historiography. However, there are no long run analyses on this topic that cover the whole span from Unification to present days. This paper contributes to fill this gap by investigating the relationship between real exports, imports and GDP in Italy from 1863 to 2004 by using cointegration analysis and causality tests, The outcome suggests that these variables comove in the long run but the direction of causality varies across time, In the period prior to the First World War import growth led GDP growth that in turn led export growth. Conversely, in the post-Second World War period we have a strong bidirectionality between imports and exports consequent on the increase in intra-industry trade. We also find a weak support for export-led growth and growth-led imports. This suggests that exports were not the only or the main driver of economic growth. There was probably a multiplicity of factors at work, among which high rates of capital formation and the expansion of internal demand probably stood out. [ABSTRACT FROM AUTHOR]

In this paper we construct a detailed dataset of the national accounts of Holland (1347-1807). Using this dataset, we demonstrate that this economy was characterized by persistent economic growth caused by, depending on the period, structural change (share of industry and services in the economy increases), technological development, and factor substitution. During the entire period GDP per capita increased by on average 0.19% per year. This persistent growth, however, was highly unstable due largely to the importance of international services in the economy. [ABSTRACT FROM AUTHOR]

Abstract: This paper considers a general family of Stein rule estimators for the coefficient vector of a linear regression model with nonspherical disturbances, and derives estimators for the Mean Squared Error (MSE) matrix, and risk under quadratic loss for this family of estimators. The confidence ellipsoids for the coefficient vector based on this family of estimators are proposed, and the performance of the confidence ellipsoids under the criterion of coverage probability and expected volumes is investigated. The results of a numerical simulation are presented to illustrate the theoretical findings, which could be applicable in the area of economic growth modeling. [Copyright &y& Elsevier]

The balance of payments can act as a constraint on the rate of growth of output, since it puts a limit on the growth in the level of demand to which supply can adapt. In this paper, we examine this issue for the case of Spain. using time series data extending over the period 1850-2000. Overall, the external deficit does not seem to have worked as a constraint on the growth of the Spanish economy over the long run, unless some shorter and specific subperiods, such as 1940-1959 and 1959-1974. The Spanish economy seems to have used external deficits to smooth her level of aggregate consumption, which would be supported by the finding of sustainability of current account deficits along the period of analysis. [ABSTRACT FROM AUTHOR]

The paper measures productivity growth in seventeen countries in the nineteenth and twentieth centuries. GDP per worker and capital per worker in 1985 US dollars were estimated for 1820, 1850, 1880, 1913, and 1939 by using historical national accounts to back cast Penn World Table data for 1965 and 1990. Frontier and econometric production functions are used to measure neutral technical change and local technical change. The latter includes con-current increases in capital per worker and output per worker beyond the highest values achieved. These increases were pioneered by the rich countries of the day. An increase in the capital-labor ratio was usually followed by a half century in which rich countries raised output per worker at that higher ratio. Then the rich countries moved on to a higher capital-ratio, and technical progress ceased at the lower ratio they abandoned. Most of the benefits of technical progress accrued to the rich countries that pioneered it. It is remarkable that countries in 1990 with low capital labor ratios achieved an output per worker that was no higher than countries with the same capital labor ratio in 1820. In the course of the last two hundred years, the rich countries created the production function of the world that defines the growth possibilities of poor countries today. [ABSTRACT FROM AUTHOR]

This paper examines the role of competition in British productivity performance over the period from the late-nineteenth to the early twenty-first century. A detailed review of the evidence suggests that the weakness of competition from the 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from interactions with idiosyncratic British institutional structures in terms of corporate governance and industrial relations. This account extends familiar insights from cliometrics both analytically and chronologically. [ABSTRACT FROM AUTHOR]

Using a novel dataset of regional GDP per worker from 1860 to 2009, this paper analyzes communalities in regional long-term growth trajectories for 24 Swedish regions. Wavelet Analysis and Principal Component Analysis are used to decompose regional growth trajectories and assess the extent that regional growth patterns share common trends and cyclical properties. The study found that regional growth trends show strong common features among groups of regions in Sweden. Natural-resource-rich regions benefited from the First Industrial Revolution. Contrary to regional development in many other European economies, a growth surge in Sweden later benefited virtually the whole country during the Second Industrial Revolution. The countrywide trend of growth slowed in the 1970s when the metropolitan regions became the main growth engines. In mid- and short-term cyclical movements, regions display more heterogeneous growth patterns, and we find evidence of mid-term, sequential lead-lag patterns in regional growth, especially between urban cores and the periphery. [ABSTRACT FROM AUTHOR]

This paper presents new time series estimates of GDP, capital stock and education-adjusted employment, and uses a growth accounting approach to analyze GDP growth during 1880-2008. The growth of capital stock, employment and educational attainment explained almost all of GDP growth. During key growth periods 1900-29 and 1975-97, Total Factor Productivity (TFP) growth was on balance negative. TFP growth was substantial during some sub-periods, particularly 1933-41, 1951-61, 1967-74 and 2000-08. Each followed a major economic downturn that slowed capital stock growth and required a more efficient use of productive resources, supported by changes in economic policy that enhanced productivity and efficiency. [ABSTRACT FROM AUTHOR]

The emergence of an integrated national economy in Indonesia has been a slow and ongoing evolutionary process. Using rice price series for a number of cities across the Indonesian archipelago, this paper provides quantitative evidence to track this process for the specific case of the rice market. It shows that during Indonesia's colonial period rice markets were relatively well integrated and functioned efficiently. However, the Second World War and the subsequent struggle for independence resulted in disintegrated and inefficient markets. It is only since the late 1970s that markets in Indonesia have returned to a situation in which we can speak about a national integrated economy with well-functioning markets. [ABSTRACT FROM AUTHOR]

The paper reviews the macroeconomic data describing the British economy from 1760 to 1913 and shows that it passed through a two stage evolution of inequality. In the first half of the 19th century, the real wage stagnated while output per worker expanded. The profit rate doubled and the share of profits in national income expanded at the expense of labour and land. After the middle of the 19th century, real wages began to grow in line with productivity, and the profit rate and factor shares stabilized. An integrated model of growth and distribution is developed to explain these trends. The model includes an aggregate production function that explains the distribution of income, while a savings function in which savings depended on property income governs accumulation. Simulations with the model show that technical progress was the prime mover behind the industrial revolution. Capital accumulation was a necessary complement. The surge in inequality was intrinsic to the growth process: technical change increased the demand for capital and raised the profit rate and capital’s share. The rise in profits, in turn, sustained the industrial revolution by financing the necessary capital accumulation. After the middle of the 19th century, accumulation had caught up with the requirements of technology and wages rose in line with productivity. [Copyright &y& Elsevier]

In the last two centuries, the reallocation of labor out of agriculture has been a dominant feature of structural change and economic growth in the United States. This paper uses an accounting framework founded in economic theory to decompose this reallocation into three components: a demand-side effect due to the low income elasticity of demand for agricultural goods (Engel effect), and two supply-side effects, one due to differential sectoral productivity growth rates (Baumol effect), and the other to differential capital deepening. The results show that the Engel effect accounts for almost all labor reallocation until the 1950s, after which the Baumol effect becomes a key determinant. Our framework provides a unified account of long-run structural change, and demonstrates that historical interpretations and theoretical models that emphasize only one dimension of this process cannot properly account for the dramatic history of labor reallocation in the United States. [Copyright &y& Elsevier]

Due to insufficient understanding of human-water interaction, many water-related problems arise in watersheds, posing severe threats to the sustainability of watershed development. Although water environmental carrying capacity (WECC) is a powerful tool to support sustainable development of watersheds, few studies considered aquatic ecological factors and uncertainty in indicator values, leading to losses of sample information in the evaluation of WECC. This paper developed a systematic framework for comprehensive WECC assessment that included the indicator system and a novel variable fuzzy pattern recognition (VFPR) approach. The WECC index system incorporated aquatic ecological factors, and addressed uncertainties associated with the indicator values. The proposed VFPR-based assessment model could realize successive evaluation to retain more original information of the sample and distinguish similar result values by treating the sample as having a continuous degree of membership instead of the traditional point form. In addition, it could be more adaptable to various circumstances including extreme cases, and closely reflect the impacts of indicator changes on the results. The established evaluation framework has been applied to Dongjiang River Basin in Guangdong Province. The spatial differences and main influencing factors of WECC in the study area were analyzed. Results show that 50% and 16.7% of the sub-regions in the study area would be subject to a poor level of WECC under pessimistic and optimistic circumstances, respectively. WECCs in the upper and lower reaches are the best and worst, respectively, which is in line with the levels of economic development in the Dongjiang River Basin. The proposed method can also be applicable to many other problems involving numerous indicators. • Traditional VFPR model was improved from both model structure and model parameters. • A systematic framework was proposed for continuous and comprehensive evaluation of WECC. • Water ecology and the uncertainty in indicator values were considered in the index system. [ABSTRACT FROM AUTHOR]

The ecological compensation (EC) mechanism is an innovative institutional arrangement which can effectively realize the coordinated development of social-economic growth and ecological protection. The current research on the evaluation of the implementation effect of EC mechanism mainly focuses on its environmental performance, how the EC mechanism guides the economically underdeveloped areas in the upper reaches of the basin to embark on the road of high-quality economic development, especially the mechanism of how EC triggers the optimization and upgrading of industrial structure, it is a topic worthy of in-depth discussion. This study takes China's first cross-provincial horizontal EC mechanism pilot (Xin'an River Basin EC) as the research object and regards it as a quasi-natural experiment. This paper selects the annual panel data of the 11 cities involved from 2009 to 2019 and builds a DID model to study the mechanism of EC affecting industrial structure adjustment systematically. The results show that the EC mechanism mainly promotes the adjustment of the industrial structure in the pilot area through two paths, this is achieved by triggering the transfer of backward or highly polluting industries and promoting the upgrading of the industrial structure. At the same time, technological innovation plays a part intermediary role in the impact of EC to promote the upgrading of industrial structure. Further analysis found that the larger the funds of compensation input, the higher the assessment intensity, the better the effects are. Finally, this study puts forward relevant policy recommendations to further release the potential of the horizontal EC for the reference of decision-makers. • We evaluated the mechanism of ecological compensation (EC) on industrial structure. • EC affects the adjustment of industrial structure through industrial transfer and industrial upgrading. • Technology innovation plays a vital role in the process of EC mechanism guiding industrial upgrading. • The compensation amount and standard play a key role in the effectiveness of EC. [ABSTRACT FROM AUTHOR]

Foreign influence on South China increasingly disrupted the economy from the late eighteenth century. Many scholars believe the standard of living fell, while others point to positive gains from increased integration with the world economy. The paper estimates the secular trend in the average height of the southern Chinese in the nineteenth century based on data from prison registers in colonial Australia. Contrary to the pessimist view, height began to decline obviously only from the 1850s, a product of the dislocation effects of revolts and rebellions. At 163–164cm, the Chinese were of similar stature to the military conscripts of some European countries in the early-to-mid nineteenth century. [Copyright &y& Elsevier]