This paper reviews the recent literature on inequality and income distribution in rural China utilizing panel datasets. We begin by briefly summarizing and comparing available panel datasets for rural China that can be employed to explore issues on inequality and income distribution, and major...

The purpose of economic reform is to reduce distortions and enhance efficiency. However, when reforms are partial and incremental, individuals and local governments are often able to capture the rent inherent in the gradual transition process. Young (2000) warned that such rent-seeking behavior...

Wenzhou used to be one of the poorest regions in eastern China. With limited arable land, poor road access to major cities, and little support from the government, it seemed to lack all the necessary conditions for economic growth according to the standard textbook. However, over the past...

In the paper, we use a panel data approach to study the threshold effects and nonlinearity in economic growth instead of the cross-sectional approach commonly used in previous studies. The methodologies developed by Hansen (2000) and Caner and Hansen (2004) are applied to identify threshold...

Traditional economic theory posits that a well functioning capital market is a necessary condition for industrialization and economic growth. However, in reality it is observed that micro and small enterprises are ubiquitous because entrepreneurs can set up business in low-return activities with...

There have been competing arguments about the effect of public infrastructure on productivity in the literature. Level-based regressions generally show a much higher return to public capital than private capital, while difference-based regressions tend to find insignificant or even negative...

This paper examines whether and how biotech labelling has had an impact on Chinese consumers’ vegetable oil purchasing decisions. The authors used sales data from Nanjing and household survey data from Jiangsu province. They found that the market share of biotech oils immediately decreased as...

Due to the complexity of business transactions andgrowing business automation demands from the B2B e-businesscommunity to swiftly respond to the ever-changing environment,workflow technology has been receiving more attention recently.The increasing popularity and adoption of workflow...

In modern enterprises, workflow technology is commonly used for business processautomation. Established business processes represent successful business practice andbecome a crucial part of corporate assets. In the Internet era, electronic business is chosenby more and more organisations as a...

Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...