Effects of advancing internet technology on Chinese employment: a spatial study of inter-industry spillovers

Wang, Huijuan; Ding, Lin; Guan, Rong; Xia, Yan

doi:10.1016/j.techfore.2020.120259

Cited by 42 publications

(16 citation statements)

References 31 publications

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“…red dots in Fig. 3)this being due to the inter-sector spillovers [22][23][24] . Prioritizing high-risk groups (red dots in Fig.…”

Section: Figure 3 Representing the Sectoral Benefits Under Different Domestic Vaccine-distributionmentioning

confidence: 96%

Equitable vaccine distribution promotes socioeconomic benefits globally

Stenseth¹,

Wang²,

Li³

et al. 2021

Preprint

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Ensuring a more equitable distribution of vaccines worldwide is an effective strategy to control the COVID-19 pandemic and support global economic recovery. Here, we analyze the socioeconomic effects - defined as health gains, lockdown-easing benefit, and supply-chain rebuilding benefit - of a set of idealized vaccine distribution scenarios, by coupling an epidemiological model with a global trade-modeling framework. We find that overall a perfectly equitable vaccine distribution across the world (Altruistic Age-informed Distribution Strategy) would increase global economic benefits by 11.7% ($950 billion) per year, compared to a strategy focusing on vaccinating the entire population within vaccine-producing countries first and then distributing vaccines to non-vaccine-producing countries (Selfish Distribution Strategy). With limited doses among mid- and low-income countries, prioritizing the elderly who are at high risk of dying, together with the key workforce who are at high risk of exposure, is found to be economically beneficial. We further show that such a strategy would cascade the protection to other production sectors while rebuilding the supply chains. Our results point to a benefit-sharing mechanism which highlights the potential of collaboration between vaccine-producing and other countries to guide an economically preferable vaccine distribution worldwide.

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“…red dots in Fig. 3)this being due to the inter-sector spillovers [22][23][24] . Prioritizing high-risk groups (red dots in Fig.…”

Section: Figure 3 Representing the Sectoral Benefits Under Different Domestic Vaccine-distributionmentioning

confidence: 96%

Equitable vaccine distribution promotes socioeconomic benefits globally

Stenseth¹,

Wang²,

Li³

et al. 2021

Preprint

View full text Add to dashboard Cite

show abstract

“…As shown in Table 4, the global Moran's I indexes are between [0, 1], and all are significant at the 1% level, implying that household consumption and the level of digital financial inclusion in China are positively autocorrelated in space. In addition, the global Moran's I index basically increases over time, especially after 2015, which implies that the spatial autocorrelation strengthens with continuous socioeconomic development [39].…”

Section: Spatial Autocorrelation Analysis Spatial Autocorrelation Mea...mentioning

confidence: 99%

Digital Financial Inclusion, Spatial Spillover, and Household Consumption: Evidence from China

2022

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Financial development is often considered one of the main drivers promoting household consumption. As a form of financial development, whether digital financial inclusion can promote household consumption has been a concern for researchers and policymakers. Considering geographical connectivity characteristics, we examine the effects of digital financial inclusion on household consumption by applying spatial econometric models and using data from 31 provinces in China from 2013 to 2018. The impact of digital financial inclusion is further disaggregated into direct, indirect, and total impacts. The results show that if digital financial inclusion is improved by 1%, household consumption will correspondingly increase by 0.2207%. The spatial spillover effect on neighboring areas is negative: a 1% increase in the level of digital financial inclusion of nearby provinces leads to a 0.1289% decrease in household consumption in the local province. For policymakers, it is necessary to balance the development of digital financial inclusion and view different areas as a whole when making policies to promote consumption. Further analysis based on subsamples finds that the effect of digital financial inclusion on household consumption is more considerable for rural households than for urban households.

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“…Finally, an estimation for the remaining non-covered part of the world economy (called "Rest Of the World", ROW) is reported (see [39,40] for the details). Thereby, using WIOD can help to perform excellent and detailed input/output analyses (some very recent applications being provided, e.g., in [3,7,46,48]). In the following subsection we put WIOD tables in comparison with OECD and FIGARO ones.…”

Section: Datamentioning

confidence: 99%

Hierarchical Clustering and Matrix Completion for the Reconstruction of World Input-Output Tables

Metulini¹,

Gnecco²,

Biancalani³

et al. 2022

Preprint

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World Input-Output (I/O) matrices provide the networks of within-and cross-country economic relations. In the context of I/O analysis, the methodology adopted by national statistical offices in data collection raises the issue of obtaining reliable data in a timely fashion and it makes the reconstruction of (part of) the I/O matrices of particular interest. In this work, we propose a method combining hierarchical clustering and Matrix Completion (MC) with a LASSO-like nuclear norm penalty, to impute missing entries of a partially unknown I/O matrix. Through simulations based on synthetic matrices we study the effectiveness of the proposed method to predict missing values from both previous years data and current data related to countries similar to the one for which current data are obscured. To show the usefulness of our method, an application based on World Input-Output Database (WIOD) tables -which are an example of industry-by-industry I/O tables -is provided. Strong similarities in structure between WIOD and other I/O tables are also found, which make the proposed approach easily generalizable to them.

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Effects of advancing internet technology on Chinese employment: a spatial study of inter-industry spillovers

Cited by 42 publications

References 31 publications

Equitable vaccine distribution promotes socioeconomic benefits globally

Equitable vaccine distribution promotes socioeconomic benefits globally

Digital Financial Inclusion, Spatial Spillover, and Household Consumption: Evidence from China

Hierarchical Clustering and Matrix Completion for the Reconstruction of World Input-Output Tables

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