Purpose - Expanding the research on traditional history of economic ideology into the research on the history of economics composed of three elements - history of ideology, history of policies and events - is a new idea for researching the history of socialist political economy with Chinese...

Multinationals, Local Corporations, China, Competition, Resistance Strategy. - With the fast-paced globalization and technological revolution, today's world has become an arena that is characterized by rapid economic development and hypercompetitive business environment. In tandem with the...

The paper investigates the long-run consequences of a phase-out of nuclear energy for the Swiss economy. We apply the CITE model, a CGE model with fully endogenous growth, and complement it with a bottom-up model. We find that the nuclear phase-out can be achieved at relatively low costs, even...

We propose a model of parental altruism in relation with child habit formation, where children are unaware of their developing habits while young, and become cognizant of them only on growing up. We show that an altruistic mother (i) maintains the amount of income transferred to her child lower...

This paper examines the effect of host-location financial development (HFD) on foreign direct investment (FDI) in 166 Chinese cities between 2003 and 2009. Using pooled panel and generalized two-stage least square estimators, we find a complementary HFD-FDI nexus, and that this is particularly...

China is one of the largest consumers of energy globally. The country also emits some of the highest levels of CO2 globally. In 2009, 18% of the world’s total energy was consumed in China and the growth rate of energy consumption in China is 6.4% per year. In recent years, the Chinese...

This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...

This paper studies the growth impacts of realizing two long-term carbon targets in Switzerland (reducing CO2 emissions in 2050 by 72% and 80% relative to 1990 levels) with alternative steering-based climate policies that include a uniform tax on the whole economy and differentiated tax schemes....