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Articles 1 - 23 of 23
Full-Text Articles in Economics
Ideology And Economic Change, Jared Rubin, Debin Ma
Ideology And Economic Change, Jared Rubin, Debin Ma
ESI Working Papers
This paper revisits the old theses of the contrasting paths to modernization between Japan and China. It develops a new analytical framework regarding the role of ideology and ideological change—Meiji Japan’s decisive turn towards the West pitted against Qing China’s lethargic response to Western imperialism—as the key driver behind these contrasting paths. Our framework and historical narrative highlight the contrast between Tokugawa Japan’s feudal, decentralized political regime and Qing China’s centralized bureaucratic system as a key determinant driving the differential patterns of ideological realignment. We argue that the 1894-95 Japanese naval victory over China could not be justified under the …
Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin
Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin
Economics Undergraduate Honors Theses
This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …
A Red Awakening: An Analysis Of China’S Quest For Global Dominance Through Economic Alternative Warfare Methods, Sarah Beddingfield
A Red Awakening: An Analysis Of China’S Quest For Global Dominance Through Economic Alternative Warfare Methods, Sarah Beddingfield
Senior Honors Theses
In the 2023 annual meeting of China’s parliament, Chinese President Xi made it clear to his political leaders and the world that he was preparing for war. This should come as no surprise after analysis of China's grand strategy points clearly to the intent to surpass the U.S. as the premier global superpower in all respects. China has been building towards this goal for years through untraditional methods of warfare, forcing the national security community to reevaluate its own strategy and assess the Chinese threat through a different lens. This thesis seeks to address one specific area in which China …
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Honors Theses
This changing nature of the Chinese government’s ideology leads one to believe that its core beliefs are not dogmatic, despite the foundation for their ideology being rooted in specific societal and economic theories. Starting with Mao Zedong to modern day, the Chinese government officials will continue to support the original tenets (and, no doubt, future presidents’ additions to the tenets). However, the interpretation of their ideology over time is fluid and is used to support policies and actions during a political cycle. Chinese political leaders are unlikely to disagree with a past leaders, and will rather use their own interpretation …
Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray
Loyola of Los Angeles International and Comparative Law Review
No abstract provided.
The Paradox Of Power: Principal-Agent Problems And Fiscal Capacity In Absolutist Regimes, Debin Ma, Jared Rubin
The Paradox Of Power: Principal-Agent Problems And Fiscal Capacity In Absolutist Regimes, Debin Ma, Jared Rubin
ESI Working Papers
Tax extraction in Qing China was low relative to Western Europe. It is not obvious why: China was much more absolutist and had stronger rights over property and people. Why did the Chinese not convert their absolute power into revenue? We propose a model, supported by historical evidence, which suggests that i) the center could not ask its tax collecting agents to levy high taxes because it would incentivize agents to overtax the peasantry; ii) the center could not pay agents high wages in return for high taxes because the center had no mechanism to commit to refrain from confiscating …
Patterns Of Growth And The Economic Development Of China, Adam C. Watson
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 …
Economic Freedom And Quality Of Life Impacts: A Comparison, Rachel S. Bauer
Economic Freedom And Quality Of Life Impacts: A Comparison, Rachel S. Bauer
Senior Honors Theses
The “invisible hand” is a concept foundational to the argument for free market economics, and so is hotly debated. One measure of whether or not the free market is a successful economic model is the quality of life of a country’s residents. Quality of life can be assessed through the areas of housing, labor, health, and education. Economic indicators and quality of life statistics for Hong Kong, the United States, China, and Venezuela appear to prove that there is a correlation between quality of life and economic freedom, as defined by the Heritage Foundation’s Index of Economic Freedom. Even …
Coffee In China: Market Trend And Consumer Demand, Jesse W. Mattingly
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 …
The Effects Of The One-Child Policy On Household Financial Decisions, Sylvia M. Xu
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, …
The Choice Of Technology And Equilibrium Wage Rigidity, Haiwen Zhou
The Choice Of Technology And Equilibrium Wage Rigidity, Haiwen Zhou
Economics Faculty Publications
In this general equilibrium model, firms engage in oligopolistic competition and choose increasing returns technologies to maximize profits. Capital and labor are the two factors of production. The existence of efficiency wages leads to unemployment. The model is able to explain some interesting observations of the labor market. First, even though there is neither long-term labor contract nor costs of wage adjustment, wage rigidity is an equilibrium phenomenon: an increase in the exogenous job separation rate, the size of the population, the cost of exerting effort, and the probability that shirking is detected will not change the equilibrium wage rate. …
It’S Not Will You Succeed? But Can You Afford To Fail?, Girija Pande
It’S Not Will You Succeed? But Can You Afford To Fail?, Girija Pande
Asian Management Insights
With India and China’s economic ties no longer defined only by trade, the countries’ convergence is opening up new opportunities and challenges for businesses on either side seeking to cross the Sino-Indian border.
China's Unbalanced Development, And What We Can Learn From It, Manfredo F. Camperio Ciani
China's Unbalanced Development, And What We Can Learn From It, Manfredo F. Camperio Ciani
Senior Theses and Projects
This paper argues that China’s development is unbalanced, and to see the unbalance we must divide the concept of development into different categories representing its different aspects, such as economic, urban, social, and sustainable. By looking at the different characteristics of development through time, it is possible to see where the unbalance lies. Furthermore, we learn that by categorizing the nature of development, we can gain a more comprehensive insight into the development of individual countries. In conclusion, this paper proposes the creation of a possible Development Index, as it can provide greater understanding of each country’s development.
Contingent Valuation Methodology: Evaluation Of Benefits Of Improving Water Quality In The Lake Tai Region, Zongda Tu
Undergraduate Economic Review
Environmental economics is a relatively new field in the subject of economics. While the developing countries are growing and developing rapidly, the conflict between economic development and environmental preservation is becoming more and more irreconcilable. This methodology paper addresses the relationship between the water quality in the Lake Tai Region in China and economic benefits, and presents the contingent valuation methdology (CVM) to evaluate benefits.
An Analysis Of The Appreciation Of The Chinese Currency And Influences On China's Economy, Lina Ma
An Analysis Of The Appreciation Of The Chinese Currency And Influences On China's Economy, Lina Ma
Electronic Theses and Dissertations
In recent years, China's economy development has had more and more impact on the global economy. The Chinese currency continued to appreciate since 2005, which has had both positive and negative results on Chinese's economy. The Chinese government uses the monetary policy to control the inflation pressure, which could work counter to Chinese exchange rate policy. RMB appreciation also has some effects on the Chinese banking system. Through the Global Trade Analysis Project (GTAP), a global computable general equilibrium model, we analyze how, when there is RMB appreciation, the Chinese exports and imports, and Chinese employment and income inequality react. …
Economic Leapovers, William Hunter Wolf
Economic Leapovers, William Hunter Wolf
Honors Theses
This paper examines the phenomenon of economic leapovers in technology. Leapovers are defined and placed in historical context, with some examples from telecommunications and case settings from Russia and China. In particular, the socioeconomic factors behind leapovers are noted and analyzed in light of several classical economic doctrines of Adam Smith, David Ricardo, Thomas Malthus, and Karl Marx. The potential for other leapovers is also examined in an extension.
Regional Specialization: Measurement & Application, Zheng Lu
Regional Specialization: Measurement & Application, Zheng Lu
Zheng Lu (Chinese: 路征)
Various measure methods for regional specialization and evolution of China's regional specialization are introduced in this presentation.
Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz
Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz
Joanna Tyrowicz
This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of intra-provincial disparities on the development of the 28 mainland provinces in China. Intra-provincial inequalities, as measured by Theil index, seem positively related to growth, albeit the results are only convincing for the coastal provinces. A case by case analysis, however, suggests highly diversified patterns, including linear or an inverted u-shape for fastest growing coastal provinces and virtually no relationship for the majority of regions. The results corroborate some earlier raised questions about actual policy-making standards in China.
Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos
Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos
Department of Political Science and Law Faculty Scholarship and Creative Works
This paper addresses a specific question: why has China grown so rapidly and Brazil not? To answer this question, it (i) establishes the basis for comparison between China and Brazil by contextualizing these countries within the BRICs concept, and (ii) presents a comparative analysis of Brazilian and Chinese reforms focusing only on the issue of macroeconomic policy, especially the monetary and exchange rate regimes, and its effect on growth.
Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari, Anthony Petros Spanakos
Why Brazil Has Not Grown: A Comparative Analysis Of Brazilian, Indian, And Chinese Economic Management, Fernando Ferrari, Anthony Petros Spanakos
Department of Political Science and Law Faculty Scholarship and Creative Works
This paper does not aim to dispute that Brazil would benefit from reforms in any or all of these areas. Rather, the paper offers a skeptical perspective on reform menus and proposes an alternative explanation for the faster growth of Brazil’s peers India and China2. The paper begins by introducing (section 1) the idea of the BRICs countries, to establish the basis for comparisons of most similar cases. It then surveys the results of a generation of Washington Consensus era growth (section 2). Although there is a considerable amount of divergence over what causes growth, it seems that something approaching …
Cultural Advantages In China: Tale Of Six Cities, Florentin Smarandache, Fu Yuhua, Victor Christianto
Cultural Advantages In China: Tale Of Six Cities, Florentin Smarandache, Fu Yuhua, Victor Christianto
Branch Mathematics and Statistics Faculty and Staff Publications
Nowadays, plenty of factories from Europe and other developed countries have been relocated to this country, considering its tremendous economic scale and rapid growth rate during the past three decades. But most of what happens inside the China nowadays is deeply hidden from the outside world (“the foreigners” as China people would call). This fact is partly because most reports on China were written by the so‐called fly‐high experts who are busy completing their reports despite a busy schedule. Very few books or reports were written by people inside, or at least “foreigners” who spent a few years in China. …
Two Essays On Lead-Lag Patterns Between Trading Volume And Stock Return In China Stock Markets, Xiaotian Zhu
Two Essays On Lead-Lag Patterns Between Trading Volume And Stock Return In China Stock Markets, Xiaotian Zhu
Theses and Dissertations in Business Administration
This dissertation systematically investigate the lead-lag relations between the trading volume and stock return patterns in China A share and B share markets through two streams of behavioral postulations. In the first part, we summarize all the potential lead-lag patterns between trading volume and stock returns and link them to the corresponding behavioral explanations. In particular, Lee and Swaminathan's (2000) Momentum Life Cycle theory best explains the strong negative relations between lagged trading volume and subsequent return in China A share market. The strong positive relations between lagged market return and subsequent trading volume found in both China's B share …
Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng
Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng
Graduate Program in International Studies Theses & Dissertations
Relative gains problem basically means unequal cooperative payoffs disproportionately favoring partners. With the relative gains problem widely accepted as a serious impediment to international cooperation, some scholars have theoretically argued or modeled several conditions that are most likely to foster a state's sensitivity to relative gains and thus substantially affect the prospects for cooperation. But little empirical work has been done to date. The central objective of this dissertation is to test whether those theoretical propositions can be supported by empirical evidence. For this purpose, we have deducted three hypotheses: (1) If a state faces military threat and zero-sum political …