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This paper studies the effect of standardization on the international competitiveness of China's agricultural products using panel data of 89 countries from 1995 to 2018. We find that standardization has a significantly positive effect on the international competitiveness of China's agricultural products. The effect of standardization is more significant in the market where the competitiveness of China's agricultural products is low. Technological innovation and agricultural product quality are two important channels through which standardization affects the international competitiveness of agricultural products. [ABSTRACT FROM AUTHOR]

This paper studies the effect of structural oil price shocks on China's investor sentiment using the Bayesian inference structural vector autoregression (VAR) model by Baumeister and Hamilton (2019). We find that oil supply shocks followed by consumption demand shocks have positive and persistent effects on China's investor sentiment, whereas aggregate and inventory demand shocks have only temporary effects. The effects of these shocks are transmitted mainly by affecting investor's confidence in domestic economic fundamentals and the international economic environment. Furthermore, oil price shocks also induce different trading motivations in the stock market. [ABSTRACT FROM AUTHOR]

This paper constructs a dynamic computable general equilibrium (DCGE) model to investigate the macroeconomic effects of endogenous technical progress in achieving China's 2030 carbon intensity reduction target of 60–65% compared with 2005. We show that a combination of a carbon tax and technological progress can achieve the carbon intensity target in 2030, but it will exert a negative impact on economic growth. This negative effect, however, can be relieved by endogenously directed technological progress in the long term. In doing so, industrial structure and energy structure are dynamically adjusted by inhibiting the output and employment of the coal and oil sectors but promoting that of the clean energy and the service industry. We also find that with technological progress, the unit carbon abatement cost in the long term is estimated to be 200–250 yuan/ton, much lower than that in the short term (over 367 yuan/ton). Several policy implications are discussed accordingly. [ABSTRACT FROM AUTHOR]

This paper studies the nonlinear impact of renewable energy on CO2 emissions with a panel of 30 Chinese provinces over the period 1990–2016. The Pooled Mean Group (PMG) estimator is applied for estimation, allowing for both long-run effects and short-run heterogeneity across provinces. The results reveal an inverted U-shaped relationship between renewable energy and CO2 emissions. [ABSTRACT FROM AUTHOR]