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Drawing from network externalities perspective in the Economics literature, this study investigates the antecedents of trust and users' continuance intention in the context of hybrid online travel platforms (HOTPs). Data were obtained by surveying 489 users of HOTPs in China. The empirical results based on the PLS-SEM model showed that indirect and direct network externalities positively influence functional quality and hedonic quality respectively. Furthermore, both functional quality and hedonic quality of HOTPs positively affect users' trust, which in turn positively affects users' continuance intention and negatively affects perceived risks. [ABSTRACT FROM AUTHOR]

We survey the recent economics and history literature on the Chinese state to investigate its role in China's long‐term socioeconomic development. We highlight three insights. First, unlike in Europe, where interstate competition helped give rise to capitalist states with high capacity, the Chinese state emerged from a different historical context. Second, the 18th‐ and 19th‐century Chinese state does not fit into the mould of a strong and extractive Oriental despotic state as once commonly believed. By conventional measures, early modern China had a weak state. Third, state building and centre‐local relations are two useful dimensions to understand development and change in China's recent history and political economy. To adapt China to a changing world, Chinese state builders embarked on a long process of state building from the late‐19th century through the Republican and Communist eras. Facilitated partly by regional decentralisation, the process now sees the Chinese state playing a substantially larger role in the economy and everyday life than any previous time in history. [ABSTRACT FROM AUTHOR]

Empirical analyses of multinationals from emerging economies (EMNCs) have been a challenge because of the absence of systematic and consistent data. This study focuses on the impacts of patent examiner added citations on citation‐based measures of EMNC subsidiary knowledge inflows. The US patents of leading innovation‐oriented EMNCs from China and India between 2002 and 2014 are analyzed, with their major competitors from mature industrialized countries as a benchmark group. We find that, subsidiary knowledge inflow variables in the current study are not significantly distorted by examiner added citations. This study offers the validity evidence of employing the US patent and citation data in studying EMNCs. The results also contribute to patent economics literature in general by testing the impacts of examiner added citations on citation‐based measures of knowledge flows. [ABSTRACT FROM AUTHOR]

Abstract We examine the development of China's environmental regulatory system over nearly 50 years and review economic studies of its effectiveness. China's environmental regulation system has evolved over time into a complex and multilayered labyrinth. However, studies in the economics literature tend to focus on a few policies that span periods for which data are available and that allow causal identification. While the literature suggests that the policies have been generally effective in improving environmental quality, it also reveals several challenges for conducting empirical analyses: a firm's regulatory status is frequently endogenous, data quality is variable, although improving over time, and overlapping policies may undermine traditional identification approaches. Further research is needed to comprehensively evaluate the cost-effectiveness of China's environmental regulations, identify the interactions of multiple policies, and extend the analyses beyond water and air to also include soil and other types of pollution. [ABSTRACT FROM AUTHOR]

Economic trade theory suggests that the Belt Road Initiative (BRI) can lead to more trade and increases in welfare. However, this can also lead to various challenges. In this paper, we use recent literature in economics to identify three such challenges. The first is that there is increasing evidence of malinvestment in previous Chinese infrastructure investments, rising corporate debt and corruption. If the BRI worsens this phenomena, the consequent financial and economic crisis in China is likely to have serious contagion effects with global ramifications. Second, trade brings about winners and losers within a country and unless there is adequate redistribution of the gains within an economy it can lead to increased inequality, poverty and structural unemployment. Finally, there are negative consequences to the environment that trade expansion may bring about unless effective legal, political and economic institutions are in place addressing the issue. [ABSTRACT FROM AUTHOR]

The growing literature on happiness economics suggests that, together with absolute income, individual well-being is affected by relative income both horizontally (i.e. because of differences between an individual's income and that of others to whom she compares) and vertically (i.e. compared to changes in individuals' own income). Moreover, the way in which individuals value their relative situation and the distribution of income will determine how inequality affects individual well-being. This paper aims to examine the relationship between these variables in the case of China, focusing mainly on how income inequality affects subjective well-being. Using data from the CGSS, the results suggest that both absolute and relative income affect subject well-being, and that an inverted-U shaped relationship between income inequality and individual well-being appears at least for urban residents, whereas this relationship tend to be negative in the case of people living in rural areas. [ABSTRACT FROM AUTHOR]

Purpose: This paper explores the effect of financial support on farmer cooperative development in the Chinese context, aiming to evaluate the effectiveness of public inputs and draw implications for the sustainable development of cooperatives. The variance of the effect in different sectors, i.e. crop, forestry, husbandry, fishery and services, is investigated. Design/methodology/approach: Provincial-level panel data from 2007 to 2017 are used for this study. A linear dynamic panel regression model is estimated using multiple estimation methods, i.e. the generalized method of moments (GMMs), fixed-effect model and ordinary least squares (OLS) are applied. Findings: The empirical analyses indicate that the role of the government is important for the development of farmer cooperatives but limited in some specific aspects. First, the coverage of financial support is positively associated with the growth of cooperative population and membership size, but the strength of financial support, measured by the total amount of financial support divided by local agricultural gross domestic product (GDP), has no statistically significant effects on the development of cooperatives. Second, financial support does not exhibit significant influence on the revenue of cooperatives. Third, the magnitude of the effect of government support on cooperative development is heterogeneous across different sectors. Originality/value: The research study adds to the institutional economics literature on the association between institutional environment and organization development by focusing on a particular and an important type of organization, i.e. farmer cooperatives. It is one of the attempts and a most extensive study to empirically investigate the role of financial support in the development of farmer cooperatives. [ABSTRACT FROM AUTHOR]

Following implementation of the Agricultural Cooperative Law in July 2007, the number of cooperatives increased dramatically, as did the related research in China. The objective of this paper is to describe articles written in Chinese and published in the top six Chinese Agricultural Economics journals between 2007 and 2017, identify research trends and issues, generate observations, and provide insights for future research. A secondary objective is to introduce to the non‐Chinese speaking world a literature written by Chinese scholars as they view the emergence of this new organizational form in the agricultural sector. Our interest is to illustrate Chinese cooperative literature within two general approaches: articles which address agricultural cooperatives' inter‐firm coordination issues and articles which study the mechanism design which we call intra‐firm coordination. A total of 443 articles were reviewed, 163 dealing with inter‐firm coordination and 280 with intra‐firm coordination. The inter‐firm coordination articles focused on firm coordination mechanisms and formal institutions such as cooperative law, accounting rules, financial markets, and government support. Intra‐firm coordination articles focused on organization design, cooperative governance, relationships between members and cooperative, property rights, and hierarchical structures with embedded principal–agent issues. We conclude with observations about trends, quality, and the cooperative future and also propose useful research fields for Chinese scholars. [ABSTRACT FROM AUTHOR]

The economics literature contains many theoretical analyses of imitation and differentiation strategies but relatively few empirical studies of these topics due to the limitation of data and methods. This paper conducts empirical research on competitive behavior among three dominant Chinese satellite TVs. It indicates that: 1) Program selection decisions of dominant satellite TVs primarily depend on their previous decision, showing decision inertia, which is verified by the fact that shock of each satellite TV's previous decisions best explains its current decision. Meanwhile, there is strategic dynamic interaction between each other, in the form of a mixed strategy with both imitation and differentiation. 2) Degree of imitation depends on satellite TVs' competitive positions. Leaders tend to differentiate, while pursuers incline to imitate. 3) Satellite TVs' decision patterns show heterogeneity related to program types. A satellite TV's decisions on its representative and advantageous programs are less affected by its competitors, while decisions on other programs suffer greater impacts. And heterogeneity is more obvious in pursuers. Impacts of market structure and degree of imitation on program ratings are further studied. Results indicate that: 1) Competitive pressure has negative crowd-out effect on leaders' program ratings, while it has positive spillover effect on pursuers. This finding is consistent with the fact that rating gap between first-class dominant satellite TVs and second-class dominant ones has narrowed. 2) Imitation leads to higher program ratings, indicating possible presence of herd behavior among Chinese audience. [ABSTRACT FROM AUTHOR]

China has recently reinvigorated reforms to its electricity sector, focusing on increasing the role of markets and improving regulation. While restructuring an electricity sector is difficult and can require years of detailed planning, China's approach relies upon broad central guidelines with many details and initiatives left to provincial governments. We assess the current state of reform efforts through the lens of five "pitfalls" based on well-established regulatory economics literature and international lessons, focusing on contract structure, system operation, and regulation. We find that while market efforts are likely to achieve efficiency gains with respect to the planned system, they may fall short of crucial functions of a market, such as incentivizing flexibility given increasing renewable energy penetrations. Making markets work will likely require a stronger centralization of market design and regulatory oversight authorities. [ABSTRACT FROM AUTHOR]

This paper deals with the applicability of Bradford law of scattering of the publications of India and China. The data for the study collected from WOS database, 887 journals publishing 1924 economics subject publications from India and 1627 journals published 4427 Chinese economics publications. The ranked list of journals prepared for both the datasets and the applicability of Bradford's law was tested. The journals distribution pattern of the economics literature fit Bradford's distribution pattern. The applicability of Egghe's model (modification of Leimkuhler's model) was also tested and found valid for both the datasets. [ABSTRACT FROM AUTHOR]

Summary Public–private partnership (PPP) has gained popularity during the market-oriented reforms in China’s urban infrastructure sectors. This paper explores how city characteristics, spatial pressures, and other institutional forces condition the extent of liberalization reforms in local infrastructure markets. The findings advance the policy diffusion literature by suggesting that the different diffusion mechanisms not only function independently, but also moderate each other’s effects under certain conditions. Specifically, this research finds that the effects of peer pressure undermine the effects of spatial exposure, and the influence of provincial government reduces the effectiveness of peer pressure and epistemic influences. [ABSTRACT FROM AUTHOR]

In this study both aggregate and industry-level foreign direct investment (FDI) data are employed to investigate the spatial dependence of FDI hosts. The analysis contributes to the existing literature by focusing on the heterogeneous spatial correlation of FDI in different industries. Using more comprehensive FDI data across multiple industries and multiple provinces in China from 1999 to 2007, the results show a significant spatial correlation among provinces. Aggregate FDI tends to be regional trade platform oriented indicating neighboring provinces become competitors for FDI. In contrast, results based on industry-level provincial FDI show stronger support for vertical or complex vertical FDI. [ABSTRACT FROM AUTHOR]

Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow faster than the United States by reforming. As a country becomes richer, this sort of catch-up becomes more difficult. Absent continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP per working-age person. (JEL E23, E65, F14, O10, O20, O47) [ABSTRACT FROM AUTHOR]

Most economics literature holds that the disparity in income and health resource allocation between China's urban and rural areas has been increasing since the beginning of the reform period in 1978. This paper argues, contrary to the conventional view, that the real gap in health resources allocation between China's urban and rural areas, as measured by the Gini coefficient, has been shrinking during the reform period. The urbanrural disparity is now smaller than that in the 1970s, when the "barefoot doctor" system provided broad basic medical service in rural areas. The better health resources available in rural China have reduced the urban-rural disparity in health conditions such as infant mortality. [ABSTRACT FROM AUTHOR]

The article presents a list of papers about economics literature, including "Export or domestic-led growth in Asia?," "The People's Republic of China and its neighbours: evolving patterns of trade and investment," "Number of children and their education in Philippine households," and "East Asian economic integration and its impact on future growth."

The transition from a command economy to a market-based economy has been remarkably successful in China. After 15 years of negotiations, China finally joined the World Trade Organization (WTO) in December 2001. Because of trade and investment liberalization under the WTO, there will be greater competition between Chinese and foreign finns, both inside China and outside China. While there is a great deal of economic literature on China's entry to the WTO, there has been no research on the global marketing impact and implications of China's membership of the WTO. This paper is an attempt to fill this gap. The objective of this study is to examine the general impact of China's entry to the WTO and to assess the global marketing implications of specific trade-related policy issues within the WTO framework for China Eleven specific WTO policy issues are examined and several global marketing propositions offered in terms of the WTO's impact on and implications for China. [ABSTRACT FROM AUTHOR]