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< Page ,Total 8 >
DO ECONOMIC GROWTH AND SEAPORT THROUGHPUT MOVE TOGETHER IN PORT CITIES? SSCI Scopus
期刊论文 | 2018 , 45 (2) , 211-239 | INTERNATIONAL JOURNAL OF TRANSPORT ECONOMICS
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Abstract :

Most previous investigations in the literature only pay attention to the unidirectional causal link from seaport throughput to port city economic growth or whether the development of a port city stimulates seaport throughput. Using a sample of 15 East Asian port cities from 4 East Asian economies between 2000 and 2014, this paper employs panel cointegration techniques to quantitatively investigate the co-movement relationships between seaport throughput and the economic development of port cities, shedding further light on the precise role that seaport throughput has in port city economic development. The estimation results support the cointegrated relationship and confirm the existence of co-movement between seaport throughput and port city economic growth. The panel fully modified ordinary least squares estimation and dynamic ordinary least squares also indicate that seaport throughput positively impacts economic growth. This evidence highlights the important role of marine transportation and seaport development, which is consistent with previous findings in the literature; however, relatively few studies investigate whether there exists a bi-directional relationship between economic growth and seaport throughput in East Asian port cities. Our empirical findings offer important policy implications for the sample port cities.

Keyword :

FMOLS DOLS port city economic growth seaport throughput panel co-integration

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GB/T 7714 Feng, Gen-Fu , Wang, Quan-Jing , Wen, Jun et al. DO ECONOMIC GROWTH AND SEAPORT THROUGHPUT MOVE TOGETHER IN PORT CITIES? [J]. | INTERNATIONAL JOURNAL OF TRANSPORT ECONOMICS , 2018 , 45 (2) : 211-239 .
MLA Feng, Gen-Fu et al. "DO ECONOMIC GROWTH AND SEAPORT THROUGHPUT MOVE TOGETHER IN PORT CITIES?" . | INTERNATIONAL JOURNAL OF TRANSPORT ECONOMICS 45 . 2 (2018) : 211-239 .
APA Feng, Gen-Fu , Wang, Quan-Jing , Wen, Jun , Dong, Minyi , Chang, Chun-Ping . DO ECONOMIC GROWTH AND SEAPORT THROUGHPUT MOVE TOGETHER IN PORT CITIES? . | INTERNATIONAL JOURNAL OF TRANSPORT ECONOMICS , 2018 , 45 (2) , 211-239 .
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Border is better than distance? Contagious corruption in one belt one road economies SSCI SCIE Scopus
期刊论文 | 2018 , 52 (4) , 1909-1928 | QUALITY & QUANTITY
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Abstract :

Employing data of one belt one road (OBOR) countries from 2002 to 2013, this study compares the contagious corruption difference between geographic border and distance through the dynamic spatial econometric model. The empirical results not only confirm that corruption in OBOR countries exists under various contagious channels, but also indicate that border effects, serving as contagious channels for corruption, are better than distance effects. The empirical implication is that OBOR countries with a common border tend to possess contagious corruption due to the hosts' demonstration effect and the convenience of transferring illegal assets. We advise that those OBOR countries should enhance the supervision of cash flow, look for any opportunity of kicking back a portion of the stolen money, and establish a specific task force on corruption.

Keyword :

Spatial channels One belt one road Contagious corruption Border and distance effect

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GB/T 7714 Feng, Gen-Fu , Sui, Bo , Dong, Min-Yi et al. Border is better than distance? Contagious corruption in one belt one road economies [J]. | QUALITY & QUANTITY , 2018 , 52 (4) : 1909-1928 .
MLA Feng, Gen-Fu et al. "Border is better than distance? Contagious corruption in one belt one road economies" . | QUALITY & QUANTITY 52 . 4 (2018) : 1909-1928 .
APA Feng, Gen-Fu , Sui, Bo , Dong, Min-Yi , Jiang, Chun-xia , Chang, Chun-Ping . Border is better than distance? Contagious corruption in one belt one road economies . | QUALITY & QUANTITY , 2018 , 52 (4) , 1909-1928 .
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The impacts of environmental governance on political turnover of municipal party secretary in China SSCI SCIE PubMed Scopus
期刊论文 | 2018 , 25 (25) , 24668-24681 | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
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Abstract :

Political incentive is one of the most efficient methods to promote local officials to push for both economic growth and environmental progress in the context of China. Since previous scholars have never investigated the relationships between political turnover and environmental governance at the municipal level, in this work, we proxy pollution by SO2, COD, SOOT, and NHx and examine whether environmental performance affects the political turnover of the municipal party secretary by exploiting a panel conditional logit with a fixed-effect model for the period 2002-2013. The results indicate that environmental performance does not significantly impact the turnover of municipal party secretaries, offering evidence that an increase of SO2 is associated with the likelihood of promotion under the panel multinomial logit approach. However, a higher GDP growth rate plays the determinant factor affecting the promotion of China's municipal party secretaries. Specific policy recommendations are proposed in accordance with our empirical findings.

Keyword :

Political turnover Municipal party secretary China GDP growth rate Environmental performance

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GB/T 7714 Feng, Gen-Fu , Dong, Minyi , Wen, Jun et al. The impacts of environmental governance on political turnover of municipal party secretary in China [J]. | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH , 2018 , 25 (25) : 24668-24681 .
MLA Feng, Gen-Fu et al. "The impacts of environmental governance on political turnover of municipal party secretary in China" . | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH 25 . 25 (2018) : 24668-24681 .
APA Feng, Gen-Fu , Dong, Minyi , Wen, Jun , Chang, Chun-Ping . The impacts of environmental governance on political turnover of municipal party secretary in China . | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH , 2018 , 25 (25) , 24668-24681 .
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Stock liquidity and enterprise innovation: new evidence from China SSCI Scopus
期刊论文 | 2018 , 24 (9) , 683-713 | EUROPEAN JOURNAL OF FINANCE
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Abstract :

We employ data of 6194 firm-year observations for 1058 listed companies in the period 2006-2013 to investigate the interaction between stock liquidity and enterprise innovation in China and confirm that an increase in stock liquidity raises the number of patents granted, R&D investment, and the innovation efficiency of state-owned enterprises, while it decreases innovation significantly in private firms. These findings are also supported by quasi-natural experiments under the split-share structure policy reform and the adjustment of the stamp duty rate using propensity score matching and difference-in-difference methods. We then identify two possible mechanisms through which liquidity increases innovation: the entry of long-term and strategic institutional investors and the gradual privatization of SOEs. Several policy implications are provided in accordance with our findings.

Keyword :

Stock liquidity split-share structure reform technological innovation China stamp duty

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GB/T 7714 Wen, Jun , Feng, Gen-Fu , Chang, Chun-Ping et al. Stock liquidity and enterprise innovation: new evidence from China [J]. | EUROPEAN JOURNAL OF FINANCE , 2018 , 24 (9) : 683-713 .
MLA Wen, Jun et al. "Stock liquidity and enterprise innovation: new evidence from China" . | EUROPEAN JOURNAL OF FINANCE 24 . 9 (2018) : 683-713 .
APA Wen, Jun , Feng, Gen-Fu , Chang, Chun-Ping , Feng, Zhao-Zhen . Stock liquidity and enterprise innovation: new evidence from China . | EUROPEAN JOURNAL OF FINANCE , 2018 , 24 (9) , 683-713 .
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The pioneer evidence of contagious corruption SSCI SCIE Scopus
期刊论文 | 2018 , 52 (2) , 945-968 | QUALITY & QUANTITY
WoS CC Cited Count: 1 SCOPUS Cited Count: 1
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We investigate the corruption contagion phenomenon using both the spatial econometric model as well as the dynamic panel GMM approach, employing data on 109 countries from 2002 to 2013. The Moran index supports the spatial corruption autocorrelation among sample countries, while the Moran scatter clearly plots a positive relationship between national corruption and corruption of that country's neighbors. Our empirical evidence not only confirms contagious corruption through geographic boundaries in our sample countries, but that it also spreads out even for countries having similar levels of GDP per capita and democratic institutions. The policy implication is that controlling corruption is not just the responsibility of a specific country, but also a part of synergistic governance worldwide. We also note that similar degrees of income levels and political systems actually play an important role in corruption diffusion, but traditional works unfortunately ignore them.

Keyword :

Spatial channels Panel GMM Contagious corruption

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GB/T 7714 Sui, Bo , Feng, Gen-Fu , Chang, Chun-Ping . The pioneer evidence of contagious corruption [J]. | QUALITY & QUANTITY , 2018 , 52 (2) : 945-968 .
MLA Sui, Bo et al. "The pioneer evidence of contagious corruption" . | QUALITY & QUANTITY 52 . 2 (2018) : 945-968 .
APA Sui, Bo , Feng, Gen-Fu , Chang, Chun-Ping . The pioneer evidence of contagious corruption . | QUALITY & QUANTITY , 2018 , 52 (2) , 945-968 .
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Venture capital and innovation in China: The non-linear evidence Scopus SSCI
期刊论文 | 2018 , 46 , 148-162 | Structural Change and Economic Dynamics
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© 2018 Elsevier B.V. This study investigates the non-linear relationship between venture capital investment and technological innovation for 28 provinces in China, using the panel smooth transition regression (PSTR) model for the period 2001-2014. Our results confirm that the relationship within the empirical model is indeed non-linear, and venture capital (VC) only presents a positive impact on innovation in China when investment is large enough over the threshold level. However, VC may severely hurt the innovative abilities of invested enterprises when the scale of investment is relatively small, especially in “western” and “lower-investment” provinces after dividing the sample provinces into different groups.

Keyword :

China Innovation PSTR Venture capital

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GB/T 7714 Wen, Jun , Yang, Di , Feng, Gen-Fu et al. Venture capital and innovation in China: The non-linear evidence [J]. | Structural Change and Economic Dynamics , 2018 , 46 : 148-162 .
MLA Wen, Jun et al. "Venture capital and innovation in China: The non-linear evidence" . | Structural Change and Economic Dynamics 46 (2018) : 148-162 .
APA Wen, Jun , Yang, Di , Feng, Gen-Fu , Dong, Minyi , Chang, Chun-Ping . Venture capital and innovation in China: The non-linear evidence . | Structural Change and Economic Dynamics , 2018 , 46 , 148-162 .
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附属企业集团的上市公司技术创新能力更强吗?——来自中国制造业上市公司的经验证据 CSSCI-C PKU
期刊论文 | 2018 , (9) , 130-137 | 中国软科学
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Abstract :

大多数中国企业集团没有整体上市,因此,中国资本市场有一个显著的特点,就是附属集团的上市公司与独立的上市公司并存.在新兴市场经济国家,企业集团通常被看作是对外部不完善的制度和市场的替代,那么,附属企业集团是否有利于上市公司技术创新?企业集团对附属上市公司技术创新的影响是否与企业集团的性质、外部金融及法律等市场环境发展水平有关?采集中国制造业上市公司的数据,对上述问题进行实证分析,结果表明:中国企业集团在技术创新中的正面效应发挥不好,附属企业集团尤其是附属民营企业集团,不利于上市公司技术创新.而且,外部金融和法律环境越差,企业集团对附属上市公司技术创新的负面作用越强.

Keyword :

企业集团 外部市场环境 技术创新 企业集团性质 上市公司

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GB/T 7714 任海云 , 冯根福 . 附属企业集团的上市公司技术创新能力更强吗?——来自中国制造业上市公司的经验证据 [J]. | 中国软科学 , 2018 , (9) : 130-137 .
MLA 任海云 et al. "附属企业集团的上市公司技术创新能力更强吗?——来自中国制造业上市公司的经验证据" . | 中国软科学 9 (2018) : 130-137 .
APA 任海云 , 冯根福 . 附属企业集团的上市公司技术创新能力更强吗?——来自中国制造业上市公司的经验证据 . | 中国软科学 , 2018 , (9) , 130-137 .
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The role of regional institutional environment in the relationship between political participation and effective tax rates: evidence from Chinese listed private firms before the financial crisis SSCI Scopus
期刊论文 | 2017 , 24 (3-4) , 323-338 | ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS | IF: 0.478
SCOPUS Cited Count: 1
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Abstract :

Using a sample of Chinese listed private firms selected from the period of 1999-2007 before the financial crisis, we investigate that the role of regional institutional environment (RIE) in the relationship between political participation (POLP) and effective tax rates (ETR). We find that the correlation between POLP and ETR depends on RIE, which can be characterized in two ways: marketization and corruption levels; and in particular, a statistically significant positive relation is shown to exist between POLP and ETR among firms located in regions with low corruption levels, and so does a statistically significant negative correlation among firms located in regions with high corruption levels. Correlations of opposite nature exist if the marketization level is concerned, but the relations are not as strong as in the case of corruption level.

Keyword :

corruption Effective tax rates political participation marketization

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GB/T 7714 Li, Shuangyan , Feng, Genfu , Cao, Guangjun . The role of regional institutional environment in the relationship between political participation and effective tax rates: evidence from Chinese listed private firms before the financial crisis [J]. | ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS , 2017 , 24 (3-4) : 323-338 .
MLA Li, Shuangyan et al. "The role of regional institutional environment in the relationship between political participation and effective tax rates: evidence from Chinese listed private firms before the financial crisis" . | ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS 24 . 3-4 (2017) : 323-338 .
APA Li, Shuangyan , Feng, Genfu , Cao, Guangjun . The role of regional institutional environment in the relationship between political participation and effective tax rates: evidence from Chinese listed private firms before the financial crisis . | ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS , 2017 , 24 (3-4) , 323-338 .
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How does market learning affect radical innovation? The moderation roles of horizontal ties and vertical ties SSCI Scopus
期刊论文 | 2017 , 32 (1) , 58-75 | JOURNAL OF BUSINESS & INDUSTRIAL MARKETING | IF: 1.833
WoS CC Cited Count: 1 SCOPUS Cited Count: 2
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Purpose - This paper aims to investigate the curvilinear effects of firms' market learning on radical innovation and the moderation effects of the focal firms' horizontal ties and vertical ties. Design/methodology/approach - This study uses regression analysis with the survey data from 303 Chinese firms. Findings - Explorative/exploitative market learning has an inverted U-shaped/U-shaped effect on radical innovation. The effects of explorative market learning on radical innovation increase when firms have strong horizontal ties, but decrease when firms have strong vertical ties. The opposite is true for the effects of exploitative market learning. Research limitations/implications - This study uses unilateral data to examine the moderation effects of the focal firms' vertical and horizontal ties on the market learning-radical innovation links. Future research that conducted in the dyadic-paradigm would be preferable to test the generalizability of this research and address the potential changes. Originality/value - The value of the current study centers on its integrated framework that incorporates organizational learning theory and the social network perspective to account for radical innovation. The integrative view helps us to interpret the curvilinear effects of market learning on radical innovation and outlines the moderation mechanisms of horizontal ties and vertical ties.

Keyword :

Exploitative market learning Radical innovation Business ties Explorative market learning

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GB/T 7714 Gao, Yu , Li, Yao , Cheng, Maoyong et al. How does market learning affect radical innovation? The moderation roles of horizontal ties and vertical ties [J]. | JOURNAL OF BUSINESS & INDUSTRIAL MARKETING , 2017 , 32 (1) : 58-75 .
MLA Gao, Yu et al. "How does market learning affect radical innovation? The moderation roles of horizontal ties and vertical ties" . | JOURNAL OF BUSINESS & INDUSTRIAL MARKETING 32 . 1 (2017) : 58-75 .
APA Gao, Yu , Li, Yao , Cheng, Maoyong , Feng, Genfu . How does market learning affect radical innovation? The moderation roles of horizontal ties and vertical ties . | JOURNAL OF BUSINESS & INDUSTRIAL MARKETING , 2017 , 32 (1) , 58-75 .
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The comovement between venture capital and innovation in China: what are the implications? SSCI SCIE Scopus
期刊论文 | 2017 , 51 (6) , 2489-2506 | QUALITY & QUANTITY | IF: 1.072
WoS CC Cited Count: 1 SCOPUS Cited Count: 1
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This study investigates the long-run co-movement between venture capital and technological innovation for 28 provinces (including autonomous regions) in China, using the panel cointegration and panel-based error correction model over the 2001-2012 period. Our results confirm that venture capital and innovation have long-run cointegrated relationships as well as bidirectional causality for the whole country. Analysis of sub-samples again discovers similar results in both the eastern and central regions, but not in the western region. The policy implication shows that China's development of innovations should be based on more venture capital input and that the government should establish a long-run innovation policy to accelerate the development of venture capital. We also offer several constructive suggestions for governments in the western provinces.

Keyword :

Panel cointegration Venture capital Causality Innovation

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GB/T 7714 Wen, Jun , Yang, Xiu-Yun , Feng, Gen-Fu et al. The comovement between venture capital and innovation in China: what are the implications? [J]. | QUALITY & QUANTITY , 2017 , 51 (6) : 2489-2506 .
MLA Wen, Jun et al. "The comovement between venture capital and innovation in China: what are the implications?" . | QUALITY & QUANTITY 51 . 6 (2017) : 2489-2506 .
APA Wen, Jun , Yang, Xiu-Yun , Feng, Gen-Fu , Sui, Bo , Chang, Chun-Ping . The comovement between venture capital and innovation in China: what are the implications? . | QUALITY & QUANTITY , 2017 , 51 (6) , 2489-2506 .
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