近日，国际SSCI权威期刊《China Economic Review》2018年4期刊发了经金学院青年教师撰写的两篇学术论文：李江龙教授与厦门大学孙传旺副教授的合作撰写的论文“Towards a low carbon economy by removing fossil fuel subsidies?”；戴小勇、刘航助理教授等撰写的论文“Disentangling the effects of endogenous export and innovation on the performance of Chinese manufacturing firms”。
《China Economic Review》由在美国注册的中国留美经济学会（The Chinese Economists Society）在1989年创办，主要刊发以中国经济为研究对象的原创性论文，是该领域最具影响力的期刊之一。该刊每年发行4卷，约90篇论文；在JCR分区中，该期刊隶属于经济学大类的2区，5年影响因子为2.4
1. Li, Jianglong and Chuanwang Sun. 2018. "Towards a Low Carbon Economy by Removing Fossil Fuel Subsidies?" China Economic Review, 50, 17-33.
Abstract: An important environmental consequence of subsidies for fossil fuels is that it encourages the substitution from renewable energy, capital and labor to fossil fuels, and thus impedes the low carbon transition. To reduce energy consumption and energy-related greenhouse gas emissions, there is a renewed interest in phasing out fossil fuel subsidies. In policy debates, it is commonly believed that fossil fuel subsidies encourage wasteful energy consuming, and thus removing them would depress energy-related carbon dioxide (CO2) emissions. But whether it is the real case and the magnitude of mitigation by removing fossil fuel subsidies are still unanswered. Here we provide an opposite insight in this paper. We find that fossil fuel subsidies in China might have been removed in total in 2015, but further attention should be paid to whether the removal is caused by the market condition of low energy prices, or by the on-going market-oriented reforms. Furthermore, during the periods with positive subsidies, removing fossil fuel subsidies alone cannot achieve CO2 mitigation because it would lead to the substitution from low-emitted fuels to high-emitted coal and from capital and labor to energy. Our results demonstrate that additional policies and efforts will be required to fulfill the aspirations for low carbon economy. The findings in this paper may be extended to emerging and developing countries due to their similar conditions of fossil fuel subsidies.
2. Dai, Xiaoyong; Zao Sun and Hang Liu. 2018. "Disentangling the Effects of Endogenous Export and Innovation on the Performance of Chinese Manufacturing Firms." China Economic Review, 50, 42-58.
Abstract: This paper disentangles the effects of export and innovation on firm-level markup and productivity. Based on a large sample of Chinese manufacturing firms, we explicitly account for firms' endogenous export and innovation decisions, and isolate their impacts on firms' future performance, using a propensity score matching approach with multiple treatments. The results indicate that starting to export alone negatively affects firm-level markup and productivity, while starting to innovate alone has a significant positive impact. There is a complementarity between export and innovation in improving firms' performance. The negative effect of starting to export alone on revenue productivity may reflect the decrease of price-cost markup, rather than a change in physical productivity. Our study contributes to explaining puzzling results of exporter performance for China. The results also suggest that firms should establish domestic market power through innovation before turning to export markets.
经金学院
2018年8月27日
