Globalisation and regional income growth disparity in India and the People’s Republic of China (PRC)

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jagannath Mallick ◽  
Atsushi Fukumi
Keyword(s):  
Human Capital ◽  
Income Growth ◽  
Growth Accounting ◽  
People’S Republic Of China ◽  
Domestic Investment ◽  
People's Republic Of China ◽  
Indian States ◽  
Regional Income ◽  
Content Type ◽  
Republic Of China

Purpose This study aims to explain the role of globalisation on the regional income growth disparities in the states of India and provinces in the People’s Republic of China (PRC). Design/methodology/approach The authors use two approaches to analyse regional growth disparities: growth accounting and the panel spatial Durbin model. Findings The growth accounting shows that contributions of growth of capital intensity (GKI) and total factor productivity growth (TFPG) distinguish the high-income (HI) regions from medium-income (MI) and lower-income (LI) regions in India. In the PRC, the contributions of GKI and TFPG in MI regions are slightly higher than HI regions, but significantly higher than the LI regions. The empirical results find that foreign direct investment (FDI), domestic investment, human capital, and interaction of FDI and human capital explain income growth states/provinces in India and the PRC. A region’s income growth and FDI inflows spread the benefit to neighbourhoods in both countries. Originality/value The paper contributes by performing a comparative analysis of Indian states and the PRC’s provinces by capturing the neighbourhood effects of economic growth, FDI, investment and human capital and also the interaction effects of FDI with human capital and domestic investment. A comparison of the decomposition of income growth to the growth of factor inputs and efficiency in Indian states and the PRC’s provinces also adds to the existing literature.

Exploring changes of governance discourse of the National People’s Congress of the People’s Republic of China

2019 ◽  
Vol 15 (1) ◽  
pp. 2-20
Author(s):  
Hui-Wen Deng ◽  
Kwok Wah Cheung
Keyword(s):  
Chinese Communist Party ◽  
Political System ◽  
People’S Republic Of China ◽  
Political Agenda ◽  
People's Republic Of China ◽  
Standing Committee ◽  
Content Type ◽  
Republic Of China ◽  
Rubber Stamp ◽  
People's Congress

Purpose The National People’s Congress (NPC) of People’s Republic of China, the highest organ of state power, is popularly seen as a rubber-stamp entity. However, it has been substantially evolving its roles to accommodate the governance discourses within China’s political system over the decades. This study aims to explore the changes of governance discourse of the NPC within China’s political system through which to offer a thorough understanding of the NPC’s evolving substantial role in current China. Design/methodology/approach This study deploys a historical approach to explore the changes of governance discourse of the NPC that has seen a growing importance in China’s political agenda, as argued by this study. Findings The authors find that the NPC has been substantially evolving its role within China’s political system in which the Chinese Communist Party has created different governance discourses. Besides, the NPC and its Standing Committee have asserted its authority as a substantial actor within China’s political system. The NPC is no longer functioned as a rubber-stamp institution, though it is still popularized as a rubber stamp by many scholars. Research limitations/implications This study is a historical elaboration on the development of NPC under three governance discourses. It might be, to some extent, relatively descriptive in nature. Originality/value This study, therefore, sheds some light on a revisit on the governance discourses in current China.

Prospects for China to end-2019

2019 ◽  
Keyword(s):  
Taiwan Strait ◽  
70Th Anniversary ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Xi Jinping ◽  
Donald Trump ◽  
Content Type ◽  
Republic Of China ◽  
The Taiwan Strait ◽  
At Home

Subject Prospects for China to end-2019. Significance President Xi Jinping will meet US President Donald Trump at the G20 summit in Japan a few days hence. At home, celebrations will commemorate the 70th anniversary of the foundation of the People’s Republic of China on October 1. Tensions will rise over across the Taiwan Strait, and over Washington’s relations with Taipei, as elections in Taiwan in January approach.

scholarly journals Human Capital and Urbanization in the People’s Republic of China

2019 ◽  
pp. 475-513
Author(s):  
Chunbing Xing
Keyword(s):  
Human Capital ◽  
Rural Areas ◽  
Urban Areas ◽  
Returns To Education ◽  
People’S Republic Of China ◽  
Urban Migration ◽  
People's Republic Of China ◽  
Large Cities ◽  
Republic Of China ◽  
Capital Development

This chapter explores the relationship between human capital development and urbanization in the People’s Republic of China, highlighting the Hukou system and decentralized fiscal system. Educated workers disproportionately reside in urban areas and in large cities, and the returns to education are higher in urban areas relative to those in rural areas, and in large, educated cities relative to small, less educated cities. In addition, the external returns to education in urban areas are at least comparable to the magnitude of private returns. Rural areas are the major reservoir for urban population growth, and the more educated have a higher chance of moving to cities and obtaining urban Hukou. As for health, rural–urban migration is selective in that healthy rural residents choose to migrate. However, occupational choices and living conditions are detrimental to migrants’ health. While migration has a positive effect on migrant children, its effect on ‘left-behind’ children is unclear.

China’s urban-rural relationship: evolution and prospects

2018 ◽  
Vol 10 (2) ◽  
pp. 260-276 ◽  
Author(s):  
Zhenghe Zhang ◽  
Yawen Lu
Keyword(s):  
Rural Areas ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Content Type ◽  
Republic Of China ◽  
The Future ◽  
Urban Rural ◽  
Urban And Rural Areas ◽  
Reform And Opening Up ◽  
The Relationship

Purpose In the 69 years since the founding of the People’s Republic of China, especially the 40 years since the reform and opening-up, the relationship between urban and rural areas has undergone profound change. When the deepening reform of the urban-rural relationship is entering a critical period, it is necessary to reassess the evolution of the urban-rural relationship in China and draw a picture for that relationship in the future. The paper aims to discuss these issues. Design/methodology/approach This paper combs the policies on the urban and rural development since the founding of the People’s Republic of China, and analyzes macro data on the industries, population, personal income, and other aspects. Findings The study found that this urbanism affects individuals’ lives and the choices of society through the will of the state, and then provides feedback at the whole level of social values. Originality/value This paper divides the evolution of China’s urban-rural relationship into two major stages – nurturing cities with rural areas and leading rural areas with cities, which are then subdivided into five periods. The features of the relationship between the urban and rural areas in different periods are analyzed, and the future development of urban-rural relations is also considered.

scholarly journals Explaining alternative termination modes of international joint ventures

2020 ◽  
Vol 37 (6) ◽  
pp. 1121-1153
Author(s):  
Palitha Konara ◽  
Zita Stone ◽  
Alex Mohr
Keyword(s):  
Transaction Cost ◽  
Environmental Risk ◽  
Transaction Cost Economics ◽  
International Joint Ventures ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Content Type ◽  
Republic Of China ◽  
Related Risk ◽  
International Joint

PurposeThe authors combine options logic with transaction cost economics to explain why firms maintain, divest or buy out their international joint ventures (IJVs). It is suggested that a decline in environmental risk and higher partner-related risk makes a firm more likely to acquire an IJV but less likely to divest an IJV. The study also investigates how IJV age moderates the effects of a decline in environmental risk and higher partner-related risk.Design/methodology/approachThe study employs competing risks analyses to examine the drivers of different termination outcomes using a dataset consisting of 459 IJVs in the People's Republic of China, of which 110 were either acquired or divested by their foreign parent.FindingsThe study finds that changes in environmental risk and partner-related risk affect how firms terminate their IJVs in the People's Republic of China. Specifically, the authors find that the effect of exogenous and endogenous risk are more pronounced for the acquisition of IJVs than for the divestment of IJVs.Research limitations/implicationsThe study contributes to international marketing research by complementing options logic with transaction cost economics to provide a theoretical explanation of the different ways in which IJVs in the People's Republic of China are terminated.Practical implicationsIJVs continue to be an important yet often unstable method to serve international markets. Our findings increase managers' awareness of the effect that two important sources of risk may have on the termination of IJVs in the People's Republic of China.Originality/valueThe study provides novel insights into the effect that changes in exogenous and endogenous risk have on a firm's choice of termination mode drawing on novel data on the different ways in which foreign firms have terminated their IJVs in the Peoples' Republic of China.

The benefits of sustainable office buildings in People’s Republic of China (PRC): revelation of tenants and property managers

2014 ◽  
Vol 12 (4) ◽  
pp. 337-352 ◽  
Author(s):  
Kak K. Lo ◽  
Eddie C. M. Hui ◽  
Kai-xuan Vicky Zhang
Keyword(s):  
Office Buildings ◽  
Operating Costs ◽  
People’S Republic Of China ◽  
Facilities Management ◽  
People's Republic Of China ◽  
Sustainable Operations ◽  
Sustainable Buildings ◽  
Content Type ◽  
Republic Of China ◽  
Occupancy Rates

Purpose – This paper aims to investigate the benefits derived from sustainable office buildings in People’s Republic of China (PRC) through their green features, with particular reference to energy efficiency. Design/methodology/approach – A survey on operating costs, energy impacts, productivities from property managers and tenants of sustainable office buildings was conducted in Shenzhen, PRC. All survey data were collected from a portfolio of 12 sustainable office buildings and from 76 responses out of more than 400 tenants who had moved into these buildings from conventional office buildings. Findings – Most tenants were concerned with sustainable operations, practices and policies. Some of them held that sustainable office buildings contribute to higher productivity and less sick time. These buildings typically consume less electricity and water, and have higher occupancy rates and rents. Research limitations/implications – There are only 40 sustainable office buildings in Shenzhen, and our study, albeit with proper methodology, with 12 sample buildings may not reflect entirely the attitudes of tenants and property managers of sustainable office buildings in Shenzhen. Advisably, future works can be carried out on a larger scale in other main cities of PRC to obtain a more comprehensive and precise evaluation on which strategic sustainable central/local government policies might be formulated. Originality/value – The concept of facilities management on sustainable buildings, especially on their derived benefits, is relatively new in developing countries such as China. This study is one of the first attempts in this area. In addition, this paper also contributes to existing literature by looking into the green lease provisions and operating policies of these sustainable buildings.

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