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A review of rural transformation studies:Definition,measurement,and indicators

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Journal of Integrative Agriculture 2023年第12期22卷 3568-3581页

作者： Dong WANG Chunlai CHEN Christopher FINDLAY Crawford School of Public policy Australian National UniversityCanberra 2600Australia

The paper reviews studies of rural transformation in three dimensions-definition,measurement,and indicators-and summarises the findings of rural transformation *** scope of rural transformation includes four elements-productivity,rurality,inclusiveness,and *** concepts of the dimensions of rural transformation and their associated indicators are insufficient for policy decision-making,as they lack objectivity,feasibility,accountability,comprehensiveness,and *** research to develop new measures to assess rural transformation in developing countries is ***,there is potential to explore the topic in some directions:urbanisation strategy,public intervention(i.e.,institution,policy,and investment),gender inclusiveness,market creation,and international trade.

关键词： rural transformation agricultural transformation structural change

International Financial Adjustment for China:A Financial Valuation Approach

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China & World Economy 2013年第1期21卷 1-25页

作者： Luke Deer Ligang Song ANZSOG institute for Governance University of Canberra Crawford School of Public policy Australian National University

International financial adjustment is the process whereby valuation shifts from asset price and currency changes result in relatively durable net wealth transfers across countries＇ international balance sheets. Thispaper applies a financial valuation approach to estimate the direction and the broad extent of recent international financial adjustments on China international balance sheet. We estimate China＇s international balance sheet losses resulting from the valuation shifts over the period 2005 2010 and reveal that international currency shifts over the past decade have also generated a range of non-balance sheet financial and monetary adjustment pressures for China. This paper also evaluates how China＇s evolving international financial policy arrangements could better mitigate China＇s exposure to international financial adjustments. These arrangements include a more effective currency mechanism and the mechanisms to internationalize the RMB to buffer international financial valuation shocks

关键词： exchange rate regime financial valuation approach international financial adjustment RMB internationalization

Role of Institutional Quality in Determining the R&D Investment of Chinese Firms

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China & World Economy 2014年第4期22卷 60-82页

作者： Yixiao Zhou Crawford School of Public policy the Australian National University

This study adds to the understanding of China ＂s innovation prospects by examining how variations in institutional quality within China impact on the R ＆D efforts of firms located in different provincial regions. In the process of identifying the effect of institutional quality, the roles of other factors such as ownership types and market structures are revealed, which provides interesting insight into firms ＂ R＆D behavior. The key findings suggest that institutional quality positively affects the decision offirms to engage in R＆D activities. Once firms start to engage in R ＆D, the subsequent expansion of firm-level R ＆D intensity depends on factors such as market structure. Therefore, strengthening domestic institutional quality is the first critical step towards the goal of building a knowledge-intensive economy in China. Efforts to nurture market development are also important for achieving this goal.

关键词： Key words: innovation institutional quality R&D investment the Chinese economy

The role of capital deepening in China's energy transition

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Chinese Journal of Population,Resources and Environment 2019年第3期17卷 197-202页

作者： Dong Wang Yixiao Zhou Jian Ding Wanjia Wang Victoria Energy policy Centre Victoria UniversityMelbourneAustralia Victoria institute of strategic Economic Studies Victoria UniversityMelbourneAustralia lnner Mongolia Honghe Energy and the Environment Consultancy HohhotChina Curtin Business School Curtin UniversityPerthAustralia Crawford School of Public policy Australian National UniversityCanberraAustralia College of Business and Economics Australian National UniversityCanberraAustralia

This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical *** prove that in the equilibrium,China's energy transition is endogenously determined by capital deepening due to the homogeneity of electricity and the monopolistic competition features of China's electricity *** effect,which is the effect of change in relative factor price,will affect energy transition only if the policy intervenes electricity price in terms of the primary sources from which it is *** propose that investment can promote energy transition by stimulating capital deepening which is biased to clean energy *** this regard,our paper provides a new way of thinking for other developing countries to design an effective energy transition policy.

关键词： Energy transition capital deepening China electricity market

Promoting Private Entrepreneurship for Deepening Market Reform in China： A Resource Allocation Perspective

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China & World Economy 2015年第1期23卷 47-77页

作者： Son Ngoc Chu Ligang Song Crawford School of Public policy Australian National University Canberra

After more than three decades of rapid growth, China＇s economy is going through an important turning point, where structural imbalances in both supply and demand sides must be addressed for a more moderate and sustainable growth path. By focusing on the structural changes to its ownership, a central element in China＇s economic transformation under market reform, the present paper highlights the importance of private entrepreneurship in deepening market reform and, thereby, in driving economic growth in a more efficient and sustainable way. Based on a perspective of resource allocation and a conceptual framework of entrepreneurship, the paper elaborates on the evolution of the private sector and its performance in the context of ownership reform, making comparisons with the performance of the state sector. The analysis suggests that there is further room for more productive use of economic resources, especially capital, land and natural resources, by increasing the participation of private entrepreneurs in industries with high entry barriers in favor of state-owned enterprises. Moreover, more competitive and equal access to productive resources through reform is needed to promote more productive entrepreneurship and to reduce rent-seeking activities.

关键词： entrepreneurship market reform private enterprises resource allocation rentseeking state-owned enterprise total factor productivity

Impact of China＇s Outward Foreign Direct Investment on Its Regional Economic Growth

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China & World Economy 2018年第3期26卷 1-21页

作者： Chunlai Chen Crawford School of Public policy The Australian National University Australia

This paper investigates the impact of China＇s outward foreign direct investment （OFDI） on its economic growth. By using a provincial-level panel dataset and applying fixed- effects and instrumental variable regression techniques, the study finds that both OFDI from provincial firms and OFDI from state-owned enterprises have a positive impact on China＇s provincial economic growth. The positive impact of OFDI on provincial economic growth may be the result of reverse knowledge spillovers from OFDI to the home provincial economy through demonstration and imitation, labor movement, and backward and forward industrial linkages, thus increasing the productivity and the efficiency of home firms and promoting the growth of the home economy.

关键词： economic growth fixed effects and instrumental variables knowledge spillovers outward foreign direct investment

Did the Labor Contract Law Affect the Capital Deepening and Efficiency of Chinese Private Firms?

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China & World Economy 2021年第5期29卷 105-126页

作者： Jian Ding Yixiao Zhou Project Department Shenzhen Particle Research InstituteChina Crawford School of Public policy Australian National UniversityAustralia

Since the implementation of the Labor Contract Law (LCL) in 2010, a significant increase in the capital/labor ratio, known as capital deepening, has occurred in private firms in China. However, the cause and impact of the capital deepening is still in question, as either technological change or a higher cost of labor might cause it. Using data from the Chinese Private Enterprise Survey in 2008 and 2012, two critical findings are reported in this study. First, pension coverage significantly affected the capital/labor ratio in private firms after 2010. Second, large private firms are able to generate higher total factor productivity after the implementation of the LCL because they can adjust their production function more easily than smaller competitors. These findings have policy implications for reforms in the Chinese labor market.

关键词： capital deepening efficiency evaluation employment protection legislation labor market intervention mandated benefit

The Life-cycle Dynamics of Zombie Companies amongst Listed Firms in China

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China & World Economy 2022年第5期30卷 185-205页

作者： Joel Bowman Crawford School of Public policy Australian National UniversityAustralia

This paper analyses the life-cycle dynamics of zombie companies-broadly defined as businesses that are consistently unable to meet their interest expenses from current profits-amongst listed firms in China over the period 2008-2019.A large share of zombie companies subsequently return to nonzombie *** proportion is higher for firms undergoing a major restructuring event,low leverage levels,and with smaller operating expense ***,zombie firms that return to nonzombie status continue to have lower levels of profitability compared with their industry peers and have a higher probability of relapsing into zombie status compared with firms that have never been classified as *** efforts to revive zombie companies using major restructuring events appear insufficient in overcoming the longer term scarring effects of zombification on firms'*** results highlight the potential benefits of the ongoing efforts by Chinese regulators to improve the delisting process.

关键词： China laggards survival analysis zombie companies

CHECKLIST FOR HEALTHY AND SUSTAINABLE COMMUNITIES

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Journal of Green Building 2008年第2期3卷 41-45页

作者： Anthony G.Capon Edward J.Blakely australian Health policy institute The University of Sydney National Centre for Epidemiology and Population Health The Australian National University Planning Research Centre The University of SydneyAustralia

INTRODUCTION This paper describes a 10-point checklist for the planning and development of healthy and sustainable *** 10 domains in the checklist are essentially physical characteristics of *** domain has relevance to the health of people living in the place,and to the sustainability of the *** checklist is intended as a tool for those who plan,develop and manage urban *** tools can be valuable for assessing the health and environmental impacts of decisions made by urban and transport planners,and businesses engaged in land development and infrastructure projects.

关键词： urban intended essentially