Social and Behavioral Sciences Commons^™

The Future Development Of Reits In China, Jia Sun

Dissertations and Theses Collection (Open Access)

Real Estate Investment Trust (REIT) is a type of trust fund or corporation that pools the funds of a large number of investors by issuing a certificate of income and invest the raised funds in real estate projects that are managed by a specialized investment institution. The real estate investment risk is moderate, and the rent is stable, but the capital threshold is high, and it is difficult for small and medium investors to enter the market. The invention of REITs aims to solve this problem, through the collection of funds, so that small and medium investors can enter the …

Essays On Agricultural Water Pollution And Human Health, Na Lu

Economics ETDs

This dissertation mainly focuses on agricultural policies, water pollution and human health. Chapter.2 examines the causal impact of agricultural water pollution on individual health outcomes. The findings suggest that agricultural water pollution worsens health outcomes and these adverse health effects appear to be largely due to contaminated drinking water. Chapter.3 explores both of the intended wealth effect and unintended pollution effect on human health caused by China’s agricultural support polices. I find that although the income effect dominates on reducing the overall sickness, the pollution effect is more substantial on the diarrhea incidence and adult BMI. Income affects slightly higher …

Central Bank Bilateral Currency Swap And Trade Flows : An Implication For Renminbi Internationalisation, Abdullahi Ahmed Mohammed

Lingnan Theses (MPhil & PhD)

The emerging economic prosperity of China and its increasing economic integration with the rest of the world as the second largest economy seems to give China an edge to amplify its global competitiveness. For example, the accession of China to World Trade Organization in the early 2001 has intensified its rapid GDP growth, growing trade and current account surpluses, financial inflows and growing stockpiles of reserves holdings. The global financial crisis of 2008 nearly put a halt to China’s export-led and current account surpluses trajectory, in 2007 China’s current account surplus fell from 10% of GDP to about 2% in …

The Shifting Dynamics Of International Reserve Currencies, Robert Righi

Honors Theses

Throughout most of post World War II period, the United States dollar has been globally accepted as the dominant reserve currency. This dominance comes with “exorbitant privilege” or special benefits such as not having a balance of payments problem. Therefore, with the shifting of global geopolitical balance of power in the age of Trump, along with the recognition by the IMF of the Chinese renminbi as an international reserve currency in 2015, it is important to understand the modern influence of reserve currencies. We provide an updated study of the status of the dollar, the euro, and in particular, the …

Governing Chinese Engagement With The Hydrocarbon-Rich Countries; Examining Chinese Investment In The Hydrocarbon Sector Of Canada And Russia, Anastasia Ufimtseva

Theses and Dissertations (Comprehensive)

China’s global quest for energy has been one of the most fascinating developments of the past twenty years. As Chinese state-owned enterprises (SOEs) have increasingly gone ‘global’ in search of energy resources, scholars have explored the rationale and implications of China’s investment abroad. However, existing studies have yet to examine the ability of Chinese SOEs to complete the intended investment projects. Several studies that have noted this gap suggest that researchers should examine the ability of Chinese SOEs to adapt to different institutional environments (Smith and D’Arcy 2013) and to analyze the responses of local stakeholders to Chinese SOEs’ engagement …

The Effects Of Fundamentals, Speculation, Government Policies, And International Capital Flows On China's Stock Market, Yanshen Qi

Electronic Theses and Dissertations

This paper, based on the relationship between the economy, policy and the financial market seeks to explore the leading force in China's stock market and identify how the government policies affect the stock market, through an analysis of the performance of the Shanghai Stock Exchange Index over the past 10 years. Comparing the stocks' intrinsic value to their market price can present an aerial view of China's stock market. When the market prices deviated from fundamentals, we can find what government did to respond to the market and lead market opinions.

Through our estimation, comparing the sample fundamental prices with …

Chinese Economic Development And Its Global Implications, Robert T. Hill

Honors Undergraduate Theses

While Chinese economic development is often at the forefront of conversations by scholars shaping economic policy, further investigation into the state of China's economy has left a gap in research. Through analyzing the 13th Five Year Plan (FYP) and looking specifically at the effect it will have on unemployment, international trade, overcapacity rates, and the Belt and Road Initiative, the goal of this research is to understand if China will be able to obtain sustained economic growth. In order to achieve this, this research employs a qualitative discourse analysis, focusing on pre-existing works that discuss Chinese economic development. It will …

Regional One Child Policies And Economic Development In China From 1997 To 2010, Austin Hayes

Honors Theses

The one child policy enacted by the Chinese government in 1979 has restricted the sizes of Chinese families and led to an abnormal male-dominated sex ratio. Abnormal sex ratios can have a variety of economic consequences that could work together to reduce the general welfare of the regions they exist in. This study aims to evaluate the effect of sex ratios on GRP (gross regional product) and GRP per capita through a series of linear regression models. Data used in this study was collected from the National Bureau of Statistics in China, a Chinese government organization in charge of collecting …

The Environmental Effects Of Economic Growth Of China And India Its Impact On Brazil, Russia, India, China, And South Africa (Brics), Shonjira Chaiwat

Capstone Projects and Master's Theses

This capstone discusses the environmental effects of economic growth, focusing on China and India and its relations with the BRICS pact. China and India have an impacted increasing population within their borders. With the increase of population and struggles for economic growth, these countries are creating a detrimental environment. In this capstone, I review the theory of ecological civilization as well as the Kuznet Curve Hypothesis. Although within the past few decades the BRICS have used unsustainable practices, they have signed the Paris Climate Agreement in order to combat climate change, which means they will use more sustainable methods for …

Three Essays On College Earnings Premium And China’S Higher Education Expansion, Chenxu Hu

Theses and Dissertations--Economics

My dissertation consists of three essays that study the college premium in China and how it has been affected by China’s higher education expansion.

In the first essay, I utilize the high education expansion as exogenous source to estimate the college premium. The rapidly changing access to college provides a rare opportunity to estimate a local treatment effect (LATE) of college education on earnings by utilizing the drastic increase in college admission rate in 1999. I also utilize the yearly admission rate as an instrumental variable for the endogenous college education. Using China Household Income Project 2013, the two IV …

Unveil The Mysterious Reality Of Management Healthcare In China: A Case Study On Institutional Arrangement, Yasha Zhang

Scripps Senior Theses

This thesis identifies and analyzes current problems in the healthcare market in China. Although many health indicators of China such as life expectancy and child mortality rates have improved significantly and suggest that the healthcare reform in China is successful, there have been many more reports of patient's violent attack towards the doctor, the sudden death of doctors, and decreasing doctor supplies that suggest otherwise. I observed that the relationship between doctors and patients are intense, doctors experience enormous working pressure, and many doctors are leaving the market. It makes me wonder how did government fail to improve its healthcare …

Coal-To-Liquid Technology: A Look At The Geopolitical Tension Behind China's Energy Strategy, Kaela Cote-Stemmermann

Scripps Senior Theses

As interest in renewable energy development continues to rise around the globe, the alignment of China’s capabilities and incentive to invest in the green energy sector position the country in a leading role. However, China’s recent investment in coal-to-liquid (CTL) technology raises questions as to the direction of China’s energy policy and reflects broader geopolitical tensions within the Chinese government. Although CTL technology has been widely criticized as being environmentally unfriendly and economically unsustainable, China continues to invest in it at an astounding pace. Research proposes several possible explanations, such as corruption or local conflicts of interest, however, a critical …

Great Powers Have Great Currencies: Popular Nationalist Discourse And China's Campaign To Internationalize The Renminbi, Michael Stephen Bartee

Electronic Theses and Dissertations

Why did the Chinese government begin promoting the internationalization of its currency, the renminbi, after the 2008 global financial crisis? Only a few years earlier, Beijing balked at U.S. demands to reform its currency regime, which would require dismantling many of the country's long-preferred tools for promoting growth and maintaining domestic stability. Similar concerns about the dilution of monetary policy independence motivated previous rising economies Germany and Japan to proactively discourage the internationalization of their currencies. While China's central bank had long explored promoting greater international use of the renminbi, and such a policy would generate some benefits for China, …

Three Essays On Exchange Rate And Capital Controls, Yaorong Lou

Theses and Dissertations--Economics

This dissertation consists of essays that study exchange rate pass-through, China’s de facto exchange rate regime, and China’s capital controls.

The first essay studies exchange rate pass-through (ERPT) by using a set of data from ten countries including four advanced economies and six Asian emerging markets. The price indices used in this essay include consumer price, producer price, import price and export price indices. While most literature only include the import price index, this essay also puts emphasis on the export price index. It investigates the asymmetry in the ERPT between depreciation and appreciation of domestic currency by using a …

Education And Nutrition Problems In Rural China, Rong Shi

Dissertations

The increasing inequality between rural and urban China has raised many concerns for Chinese scholars. A large gap exists not only in income but in health and education. The rural-urban disparities in health and education may contribute to greater income inequality in the future, thus leading to a vicious cycle. This study explores the factors that contribute to the increasing inequality in health and education between rural and urban China.

Using a randomized controlled trial in Shaanxi province, the first chapter studies the effectiveness of a supplemental meal program in improving students’ development outcomes. This study also compares the impact …

Australian Real Estate Stock Reactions To Firb Regulation Changes, Henry Wei

CMC Senior Theses

This study analyzes the share price reactions to real estate development and building/construction materials corporations in relation to FIRB rule changes. It appears companies as a whole were indifferent to the rule changes; however individual securities returns were wildly different. These findings suggest that the FIRB rule changes had a mixed effect on different corporations possibly based on their exposure to the Australian real estate market.

Failure Or Adjustment?: An Analysis Of The Slowing Growth Of The Chinese Economy, Kay G. Degraw

Honors Theses

With GDP growth for the 2016 fiscal year reported at 6.7%, it appears that the Chinese economy has departed from the three-decade period in which GDP growth averaged plus-10%. While both academic journals and media outlets have accredited this slowdown to a variety of factors, existing research has failed to conflate the economic and political factors into a comprehensive explanation. Consequently, this thesis examines the causative factors behind the slowing of the Chinese economy though the analysis of three contesting plausibility probes centered on the impact of corruption, statism, and structural economic change. The results of the plausibility probes indicates …

Natural Resource, Regional Growth, And Human Capital Accumulation, Na Zuo

Theses and Dissertations--Agricultural Economics

The dissertation research will comprise three essays on the topic of the resource curse hypothesis and its mechanisms. The phenomenon of low economic growth in resource-rich regions is recognized as the “resource curse”. These essays will contribute to an understanding of the regional resource-growth relation within a nation.

Essay one tests the resource curse hypothesis at the U.S. state level. With a system of equations model, I decompose the overall resource effect to account for the two leading explanations — crowding-out and institution effects, thus investigate whether the institutions mediate the crowding-out effects. I did not find evidence of an …

A Second Child? No, Thank You! The Impact Of Chinese Family Planning Policies On Fertility Decisions, Yinghan Qi

Scripps Senior Theses

In 1979, the Chinese government introduced the One-child Policy for the purpose of controlling population growth. Thirty years later, the fertility rate in China has declined to a very low level and one-child families have become the norm. At the same time, the consequences of low fertility rates have emerged. In 2015, the government announced a new policy that encouraged couples to have two children in order to raise the total fertility rate. In this paper, I analyze the economic and legal implications of the Chinese family planning policies. By examining to what extent fertility decisions are affected by government …

The Political Economy Of The Automobile Industry Development In China, Muyuan Niu

Electronic Theses and Dissertations

This paper analyses the political economy of developing the modern Chinese automobile industry. By using qualitative research method, especially case study, and developmental rent management analysis framework, the author analyzed the development in three different time periods since the Chinese economic reform in 1978. Case studies of learning period, developing period and new Chinese owned enterprises after joining WTO presented different policies and rent management strategies arranged by the state to industrialize and develop the modern Chinese automobile industry. Although there are failures involved in the arrangement, China finally industrialized and developed its modern automobile industry and became the world's …

Why Did China Do This? An Analysis On China's New Gasoline "Price Floor" Policy, Youhan Ding

Scripps Senior Theses

Why did China choose certain policy over others that would achieve similar impact? Because China has a significant presence in the modern international community, it is difficult yet critical to understand the policy implications of the Chinese government under its unique political and socioeconomic context. This thesis shows the impact of a specific “price floor” policy China chose to employ in its oil and gasoline market, and identifies the factors concerning the Chinese regime that it took into consideration in the decision making process, through analysing data and official statements released by the government. After different parties affected by this …

Employment Discrimination Of Chinese Unmarried Women, Jifan Huang

Electronic Theses and Dissertations

Employment discrimination has been existed through the history and gender discrimination is one of the most common one. The discrimination against women is the most discussed one but the discrimination against unmarried women is easily ignored. While comparing women and men, marital status is considered as one of the factors that decreases women's competitiveness. However, the marital status, as some people complain, turns into a potential advantage while comparing two equally qualified women. This study focuses on main questions: 1) Does the discrimination against unmarried women while comparing with married women really exist, or is it just reasonable selection? 2) …

Governing Militaries In Liberalizing Economies: China, Iran, Egypt, Loosineh Markarian Senagani

Electronic Theses and Dissertations

Why have some economically-active militaries of autocratic regimes gained more autonomy vis-à -vis their civilian elite as a consequence of economic liberalization processes adopted in 80s and 90s, whereas others have remained subordinate to civilian control? This dissertation examines the impact of economic liberalization since 1980s on civil-military relations (CMR) in autocratic regimes. Prior to liberalization, the centrally- planned governments of Egypt, Iran, and China utilized their militaries to implement economic development projects. Post-liberalization, these militaries expanded into new economic sectors like finance, banking, and trade. The expansion impacted the balance of CMR differently in each case. Egypt's military took …

The Political Impact Of Rising Trade Exposure: Evidence From 2000 - 2016 U.S. Presidential Elections, Xiaoyang Qian

CMC Senior Theses

In this paper we analyze the impact of global imports on regional labor markets, and how such impact translates to changes in voting patterns in the U.S. Presidential elections from 2000 to 2016. We find that imports from different U.S. trading partners influence voting patterns in different ways. In particular, we observe an anti-incumbent effect caused by import competition from OECD countries. Such an effect cannot be observed for imports from low-income countries. There is also evidence that suggests high exposure to import competition tends to drive voters toward the Democratic candidate, who typically proposes better social welfare programs and …

State Based Financial Liberalization, Robert J. Kulzick

Open Access Dissertations

In the last 40 years, states around the globe have increased the role of markets in their financial systems. Using newly collected information on the educational backgrounds of Central Bankers, I demonstrate that the beliefs of state officials about the proper role of markets in the financial system influence the extent to which state's liberalize their financial systems. By tracing the liberalization experiences in both France and China through secondary sources, I show that bureaucrats within the state suggest reforms that conform to their neoliberal training when political leaders turn to them for solutions to what are perceived as technical …

Patterns Of Growth And The Economic Development Of China, Adam C. Watson

Dissertations, Theses, and Capstone Projects

By looking at the historical rise of modern China, starting with the end of the First Opium War (1842) through to the start of the war with Japan (1937), and then from the beginning of Deng Xiaoping’s economic reforms (1979) to the present, this work reveals the striking similarities between the earlier and the later periods of capitalist development. If the country had not been able to draw on the deep-rooted knowledge and skills which originated in Shanghai and the port cities in the mid-nineteenth century, and instead pursued only uninformed free market principles without the training to make these …

Growth Engine: Effects Of China’S Trade And Investment On The Economies Of East And Southeast Asia, Xi Gao

Honors Theses

The emergence of China as an economic superpower through globalization and fragmentation of production has impacted global trade relations, particularly in East and Southeast Asia (ESA). China has become a major trading partner for ESA economies not only through exporting goods to ESA countries, but also importing goods to satisfy China’s energy and consumer needs. This thesis studies the impact trade and investment relationships with China have on ESA economies. This study will include ten developed and developing ESA countries: Japan, Republic of Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Lao DPR, and Philippines. The results obtained include: 1) the …

The Effects Of The One-Child Policy On Household Financial Decisions, Sylvia M. Xu

Honors Theses

The Chinese One-Child Policy, enacted in 1979, was an attempt to decrease the population growth rate following a period of massive social and political confusion and uncertainty. While the policy was beneficial to curbing the population growth in China, it also introduced unintentional consequences, including sex imbalance, and other demographic differences. The goal of this paper is to examine the economic behavior and financial decisions of son-families and daughter-families across different provinces and regions of China, which have varying levels of sex imbalance, as a result of a cultural preference for sons. These financial decisions include the household saving rate, …

How Does One Child Policy Influence Chinese Household Saving Behavior, Yueyang Cao

Honors Theses

This paper investigates the influence the decline in the family size on household size through a Chinese family planning policy, the One-Child Policy (OCP). I find the evidence of the negative effect at the micro level using Chinese household survey data. I also study the aggregated effect using Chinese provincial level data. With the concern of endogeneity, I use a two-stage least square regression with financial punishments for having more than one child and share of population that were exempted from the restriction as instruments for the fertility variable. This regression shows a positive impact of the implementation of the …

Coffee In China: Market Trend And Consumer Demand, Jesse W. Mattingly

Theses and Dissertations--Agricultural Economics

Although it remains a tea consuming nation, both production and consumption of coffee in China has been increasing at double-digit rates and is not expected to slow down (International Coffee Organization (ICO), 2015). With investments and upward trends in production and rapid increases in consumption of coffee in China it is important for producers and retailers of the bean¹ in China to understand the new Chinese coffee consumer. Using survey data from Wuhan, China we help understand the Chinese coffee consumer by explaining their consumption using standard OLS regression. Results show that whether or not consumers make/brew their own …