Purpose - In the current literature, there is little systematic research on the relationship among adjustment of the income distribution, change in economic structure and improvement of macroeconomic efficiency. Design/methodology/approach - This paper expands Marx's reproduction schema into the...

We examine the impact of Special Economic Zones (SEZs) on innovation using China's county-level data from 1985 to 2011. Results show that the establishment of SEZs promotes a county's innovation in terms of application, grant and citation numbers of patents by 15%-25%, 8%-22% and 15%-25%,...

China's aging population has gained significant attention. Population aging implies that the demand for elderly care services will be on the rise. However, China's aging exhibits a notable characteristic of getting old prior to achieving affluence, which directly constrains the enhancement of...