Government spending and intergenerational income mobility: Evidence from China

Huang, Xiao; Huang, Shoujun; Shui, Ailun

doi:10.1016/j.jebo.2021.09.005

Cited by 119 publications

(44 citation statements)

References 38 publications

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“…e purpose and result of cost management and control are reducing the production cost (product) of each project as much as possible and increasing the operating profit of the enterprise. e so-called cost management and control is to use the minimum cost consumption to obtain the maximum profit, and the implementation of this process requires technical means and a standardized control system to control and support all activities of cost management and control [9].…”

Section: Methodsmentioning

confidence: 99%

Method for Controlling Economic Management Cost in Enterprises Based on Coase Theorem

Huo³

2022

Security and Communication Networks

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In today’s integrated economy, no country’s economic development can be outside the international economic environment. After continuous and rapid development, China’s economy has surpassed Japan’s overall economic level and has become the second largest economic power in the world. But with the advent of the new normal economy in China, the economy has entered a stage of medium- and high-speed development, and business management and cost management of enterprises are also facing the transformation of strategies and systems. Every enterprise and company is trying its best to improve its own cost management system, business model, and cost management strategy. The development of science and technology and the advent of the era of information technology have gradually brought China’s economic development into a green development track, which has put forward greater research topics for enterprise cost management. Therefore, the method for controlling economic management cost in enterprises based on the Coase theorem was proposed.

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Section: Methodsmentioning

confidence: 99%

Method for Controlling Economic Management Cost in Enterprises Based on Coase Theorem

Huo³

2022

Security and Communication Networks

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“…Increasing government spending, especially on public services, and expanding the education supply can help narrow the gap between the rich and the poor and raise the likelihood of upward mobility for children from low- and middle-income families. This evidence is derived from China, the United States, Norway, and Denmark [ 37 , 52 , 53 , 54 , 55 ]. Other studies have explored the dynamics of social equity and intergenerational mobility under different economic and social systems, market-based transitions, and technological advances [ 12 , 56 , 57 ].…”

Section: Literature Reviewmentioning

confidence: 99%

The Impacts of COVID-19 Shock on Intergenerational Income Mobility: Evidence from China

Jiang

Lin

2022

IJERPH

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The COVID-19 crisis has caused a huge negative shock to economic activities worldwide, leading to a reduction in income and changes in income distribution. Intergenerational mobility is an important indicator of sustainable social development. This paper explores the short-term impacts of the sudden COVID-19 pandemic on intergenerational income mobility and personal income in China. Using the variation in the number of confirmed cases across provinces, we construct a province-level pandemic intensity index and combine it with individual data from the China Family Panel Studies (CFPS). We apply a general difference-in-difference strategy to identify the causal effect of the pandemic on intergenerational income mobility. We find that personal income is positively related to parental income, and that the COVID-19 crisis has caused a decline in individual income and exacerbated intergenerational income persistence. A more intense COVID-19 pandemic shock is associated with a larger increase in intergenerational income elasticity and intergenerational income rank–rank slope. We found that with one standard deviation increase in local pandemic intensity, the intergenerational income elasticity increases by 0.315 and the intergenerational income rank–rank slope increases by 0.198 on average. The mechanism testing suggests that heterogeneous effects among different groups are the force underlying the results. Low-income, low-skilled, and low-parental-income individuals have suffered a more severe impact from the pandemic shock.

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“…Multinational corporations must examine the reasons behind their decision to establish operations in nations with the unstable political climate. As mentioned earlier, the level of danger associated with traveling to any particular country can vary greatly depending on several different circumstances ( Huang et al, 2021 ). These threats, their nature, and the degree to which they present themselves vary significantly from nation to nation ( Meyer, 2018 ; Zhongjun et al, 2022 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Modeling analysis of the correlation between duality innovation and multinational enterprise performance

Chen²

2022

Front. Psychol.

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In this study, we investigate how the influence of dual innovation affects the productivity of multinational enterprises (MNEs). Because of the rise of the knowledge-based economy, the capacity of multinational corporations (MNCs) to innovate technologically has become an increasingly important component in determining the extent to which they can compete in the global market. Models of Duality Innovation and Multinational Enterprise Performance with a Measurement of Corporate Risks from 2000 to 2015 were developed using corporate finance literature and data. The models show positive relationships between duality innovations and multinational enterprise performance. Furthermore, there has been an increasing level of corporate risks over the years when measured by both the duality innovation and multinational enterprise performance metrics. This article discusses the findings of this research project. It explains how they can help understand international enterprise performance while also explaining how to determine a potential risk profile for an individual or multiple companies. This knowledge is valuable because it helps us understand why some corporations succeed while others fail.

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Government spending and intergenerational income mobility: Evidence from China

Cited by 119 publications

References 38 publications

Method for Controlling Economic Management Cost in Enterprises Based on Coase Theorem

Method for Controlling Economic Management Cost in Enterprises Based on Coase Theorem

The Impacts of COVID-19 Shock on Intergenerational Income Mobility: Evidence from China

Modeling analysis of the correlation between duality innovation and multinational enterprise performance

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