Is Decoupling Possible? Association between Affluence and Household Carbon Emissions in the Philippines

This paper investigates whether or not affluence is associated with carbon emissions at the household level in the Philippines. While there is abundant literature on this issue, limited studies are available for developing countries. We estimate household carbon emissions by combining input–output analysis with household expenditure. The results suggest that household carbon emissions are increasing non‐monotonically with a non‐existent turning point as households accumulate more assets. This is further supported by quintile estimates showing huge disparity in emissions between poor and rich households. Although household carbon emissions in the Philippines are not alarming, evidence suggests that it is likely households will lead a carbon‐intensive lifestyle as they become more affluent.     

基于VAR模型的文化消费与文化产业发展的实证研究

基于VAR模型对我国2005-2015年文化消费与文化产业发展的关系进行了脉冲响应分析,研究结论显示：①我国文化消费与文化产业发展之间存在长期的协整关系;②两者彼此呈现出正的脉冲响应,但文化产业发展变动对文化消费冲击的影响相对较弱,而文化消费变动对文化产业发展冲击的影响则更大。鉴于此,尝试从提高居民收入、引导并树立正确文化消费观念以及开发满足大众需求的文化产品三个方面来扩大我国居民文化消费需求水平,从而更好地推动我国文化产业的发展。     

高管薪酬激励、在职消费与经营绩效——基于房地产上市公司的实证研究

房地产上市公司由于其行业特殊性,可能会产生大额在职消费,通过对薪酬激励情况分组可以分析在职消费对企业经营绩效产生的影响,从而进一步完善激励体系。通过选取沪深两市2013-2015年房地产上市企业为研究对象,运用STATA软件进行实证检验。结果发现：在不同的激励情况下,在职消费对公司经营绩效的影响不同。     

China's Path to Overcoming the Double Middle‐income Traps

China is at a crucial stage of overcoming the middle‐income trap, with the factors that drive economic growth having undergone significant changes, and domestic consumption playing a more important role in economic growth. It is necessary, at this point, to promote mass consumption by expanding the middle‐income group. The present paper puts forward the concept of the “double middle‐income traps.” This refers to the situation in which an economy's per capita output stagnates and the size of the middle‐income group is unable to expand for an extended period of time. These two factors are closely related. Based on data from the Chinese Social Survey conducted by the Institute of Sociology at the Chinese Academy of Social Sciences, the present paper analyzes the scale and development of middle‐income groups, and the relationship among middle‐income groups, the middle‐class and middle‐class identity. The marginal consumption propensities of middle‐income groups are also considered. The findings of the paper indicate that the expansion of the middle‐income group plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle‐income traps.     

农村居民多维收入流动、税费负担及政策效应——基于面板数据PSM-DID方法的研究

收入流动性是从动态视角衡量居民收入分配公平与否的重要指标,其变动程度受到税收等因素的影响。文章基于2001年至2014年季度和年度面板数据,依据多维收入流动指标,测算出了地区之间农村居民绝对和相对收入流动程度,并利用双重差分倾向得分匹配法（PSM-DID）和工具变量估计法研究了农村税费改革及其他经济社会因素对农村居民收入流动性的影响。研究发现：（1）农村税费改革的政策效应非常显著,实施农业税费减免政策的地区,其农民的绝对收入流动性显著高于未改革地区;（2）税费负担对绝对收入流动性的影响呈现出"倒U型"特征,即当税费负担率为0.167%时,绝对收入流动性达到最大值,若进一步增加税费负担,收入流动性则呈现下降趋势;（3）税费支出变动对相对收入流动性的影响也通过了5%的显著性检验;（4）农村劳动力文化结构、工资收入比重等家庭特征因素对收入流动性的影响具有较大的地区异质性。有鉴于此,在进一步完善税费征收项目监管的同时,依据家庭及地区特征实施差异化的支农惠农政策,切实减轻农民负担,增强农村居民收入流动,实现地区间收入分配均衡。     

Cross-border commuting and consuming: an empirical investigation

This article contributes to our understanding of cross-border activity in general and the determinants of cross-border trade in particular by focusing on the part of cross-border sales that arise due to work-related cross-border crossings of households. We analyse empirically how cross-border consumption expenditures vary across product and services categories as well as household characteristics using representative household survey data of cross-border commuters to Luxembourg. In total, these households spend an estimated 17% of their gross annual income across the border, contributing about 10% to the total household final consumption expenditure (HFCE) in Luxembourg. Cross-border expenditure is linked to individual- and household-related characteristics and to distance between home and work. Cross-border commuters systematically exploit arbitrage opportunities that arise because of existing price level (index) differences between the country of work and the country of residence.     

Deleveraging in a Highly Indebted Property Market: Who does it and are there Implications for Household Consumption?

A distinguishing feature of the period preceding the 2007/2008 financial crisis was the sizeable increase in private sector debt observed across many countries. A key component of household liabilities is mortgage debt and with many countries experiencing persistent increases in house prices from the mid‐1990s, a marked increase in this aspect of household leverage was observed. While aggregate statistics across countries confirm reductions in personal debt levels in recent years, relatively few sources of micro data are available to examine the nature of the deleveraging process at the household level. In this paper, using a unique dataset, we examine deleveraging amongst a representative sample of mortgaged Irish households. We identify the characteristics of households engaged in deleveraging and find that it is those households who can afford to deleverage who do. Furthermore we find some tentative evidence to suggest that the decision to deleverage has negative implications for household consumption.     

北京果蔬现代“产消”对接流通模式探讨

阐述了现代“产消”对接模式的概念和北京果蔬现代“产消”对接模式的表现形式,分析了基于流通费用理论的北京果蔬农产品现代“产消”对接模式发展的优劣势,并提出了发展特色农产品现代“产消”对接模式的相关措施.     

引入土地流转因素的新型农村社会养老保险基金预测

本文以政策外部性关联与协同效应为切入点,通过陕西省西安市新农保试点区县农民问卷调查,对引入土地流转因素的新型农村社会养老保险基金预测进行精算建模和政策仿真研究。结果表明：土地流转因素对新农保参保率、缴费率具有显著影响,基金收支呈现由盈余转向缺口、并逐年扩大的趋势,基金、制度存在双重失衡风险。通过关键制度因素的单一、组合调整结果分析对比,提出促进土地流转与新农保制度良性融合与可持续发展的对策建议。     

浅析我国农业财政支出对农村居民消费的影响

分析了我国农业财政支出对农村居民消费的影响,最后提出一些相应的政策建议。