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Research on Data Theory of Value
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作者 Li Haijian Zhao Li 《China Economist》 2024年第3期21-38,共18页
This paper explores the data theory of value along the line of reasoning epochal characteristics of data-theoretical innovation-paradigmatic transformation and,through a comparison of hard and soft factors and observa... This paper explores the data theory of value along the line of reasoning epochal characteristics of data-theoretical innovation-paradigmatic transformation and,through a comparison of hard and soft factors and observation of data peculiar features,it draws the conclusion that data have the epochal characteristics of non-competitiveness and non-exclusivity,decreasing marginal cost and increasing marginal return,non-physical and intangible form,and non-finiteness and non-scarcity.It is the epochal characteristics of data that undermine the traditional theory of value and innovate the“production-exchange”theory,including data value generation,data value realization,data value rights determination and data value pricing.From the perspective of data value generation,the levels of data quality,processing,use and connectivity,data application scenarios and data openness will influence data value.From the perspective of data value realization,data,as independent factors of production,show value creation effect,create a value multiplier effect by empowering other factors of production,and substitute other factors of production to create a zero-price effect.From the perspective of data value rights determination,based on the theory of property,the tragedy of the private outweighs the comedy of the private with respect to data,and based on the theory of sharing economy,the comedy of the commons outweighs the tragedy of the commons with respect to data.From the perspective of data pricing,standardized data products can be priced according to the physical product attributes,and non-standardized data products can be priced according to the virtual product attributes.Based on the epochal characteristics of data and theoretical innovation,the“production-exchange”paradigm has undergone a transformation from“using tangible factors to produce tangible products and exchanging tangible products for tangible products”to“using intangible factors to produce tangible products and exchanging intangible products for tangible products”and ultimately to“using intangible factors to produce intangible products and exchanging intangible products for intangible products”. 展开更多
关键词 Data theory of value data value generation data value rights determination data value pricing
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Can environmental regulations achieve both profitability and profit quality?A natural experiment based on the China Cleaner Production Standards
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作者 Bowen Sun Hongyi Li Xuesong Li 《Chinese Journal of Population,Resources and Environment》 2021年第1期65-81,共17页
Numerous studies evaluated the effects of end-of-pipe control environmental regulations(EER).However,few scholars discussed the effects of process management environmental regulations(PER),such as the China Cleaner Pr... Numerous studies evaluated the effects of end-of-pipe control environmental regulations(EER).However,few scholars discussed the effects of process management environmental regulations(PER),such as the China Cleaner Production Standards(CCPS)implemented by the country's Ministry of Ecology and Environment.Using data on China's manufacturing enterprises,this paper adopts the CCPS policies as quasi-natural experiments and uses differences-in-differences(DID)methods to analyze their effects on enterprise profitability and profit quality,respectively.The results show that:first,the CCPS significantly improve both profitability and profit quality;that is,the implementation of the environmental regulation policy plays a significant role in improving enterprise profit rates and cash flows.Second,for the profitability mediator effects,the short-term Porter effect of CCPS is not significant but shows the opposite during the lag period and significantly reduces the management cost and wage levels,comprehensively promoting enterprise profitability.Third,for the profit quality meditator effects,environmental regulations improve the enterprises'cash flow by reducing management costs and increasing government subsidies;however,its effect on bank credit subsidies is not significant.Fourth,for the moderator effects,the environmental regulations'effect on enterprises profitability and profit quality depends on the strategic interaction among local governments,the scale and ownership of the enterprise,and regional differences.That is,the strategic interaction weakens the effect of environmental regulations on enterprise performance.Environmental regulations have a stronger influence on profitability and profit quality for large-scale,state-owned,and coastal enterprises. 展开更多
关键词 Environmental regulations Cleaner Production Standards China Industrial Enterprises Database Differences-in-differences(DID)
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Study on Employee-sharing in China
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作者 Li Haijian Li Lingxiao 《China Economist》 2023年第3期24-42,共19页
Labor shortages caused by an aging population and falling fertility present an obstacle to China’s modernization drive.Since the limited labor resources take time to increase,employee-sharing as a collaborative and i... Labor shortages caused by an aging population and falling fertility present an obstacle to China’s modernization drive.Since the limited labor resources take time to increase,employee-sharing as a collaborative and innovative mode of employment represents a novel strategy for addressing the sharp declines in the working-age population and labor supply.Based on the theories of the sharing economy,gig economy,and skills economy,this paper develops a systematic framework for employee-sharing and explains its significance for the country,employers,and individuals in light of flexible employment and employee-sharing practices.At the national level,we advocate transforming the identity of employees from“corporate assets”to“social assets”,their labor relationship from“dependence on employers”to“independent social members”,and their teams from“corporate governance”to“labor union governance”.At the corporate level,we recommend that businesses streamline fixed-term workforce and transform themselves into platform-connected social entities.At the individual level,we establish a basic framework for employee-sharing to expand employee income sources and improve the social protection system,and elaborate on its significance for the country,employers,and individuals.The employee-sharing mechanism can be adopted step by step by resolving issues such as employee labor contract termination and management of shared employees.This gradualist strategy seeks to create a mode of employee-sharing that is feasible and in line with current trends for the benefit of the country,employers,and employees,and to contribute a Chinese solution and perspective to the global question of labor recruitment. 展开更多
关键词 Flexible employment sharing economy gig economy skills economy shared employees
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Metaverse application,flow experience,and Gen-Zers’participation intention of intangible cultural heritage communication
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作者 Yuhua Cao Xiaoli Qu Xiangfen Chen 《Data Science and Management》 2024年第2期144-153,共10页
With outstanding advantages in virtuality, immersion, connectivity, and openness, the application of the metaverse in the development of intangible cultural heritage has demonstrated great potential to enhance Gen-Zer... With outstanding advantages in virtuality, immersion, connectivity, and openness, the application of the metaverse in the development of intangible cultural heritage has demonstrated great potential to enhance Gen-Zers’ participation intention, but the effect and its mechanism remain unclear. This study constructs a theoretical model based on the stimuli-organism-response (SOR) theory, the DeLone and McLean model of information system (IS) success (D&M) model, and flow theory, and conducts an empirical study using a structural equation model and regression analysis based on questionnaire survey data in China to uncover whether and how metaverse application exerts its impact. Results show that metaverse application can enhance Gen-Zers’ participation intention in the communication of intangible cultural heritage, and their mechanism follows a chain path of “stimulus-state-response” under the joint action of “technology-individual-environment” in which metaverse application is the key stimulus factor, flow experience is the mediator, and self-efficacy and subjective norm are moderators. The findings can offer new insights for research on metaverse application from the perspectives of consequences and effects and can also provide practical implications for metaverse application as well as the development and communication of intangible cultural heritage. 展开更多
关键词 Metaverse application Intangible cultural heritage Gen-Zer Flow experience Intention
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Data Flow&Transaction Mode Classification and An Explorative Estimation on Data Storage&Transaction Volume 被引量:3
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作者 Cai Yuezhou Liu Yuexin 《China Economist》 2022年第6期78-112,共35页
The public has shown great interest in the data factor and data transactions,but the current attention is overly focused on personal behavioral data and transactions happening at Data Exchanges.To deliver a complete p... The public has shown great interest in the data factor and data transactions,but the current attention is overly focused on personal behavioral data and transactions happening at Data Exchanges.To deliver a complete picture of data flaw and transaction,this paper presents a systematic overview of the flow and transaction of personal,corporate and public data on the basis of data factor classification from various perspectives.By utilizing various sources of information,this paper estimates the volume of data generation&storage and the volume&trend of data market transactions for major economies in the world with the following findings:(i)Data classification is diverse due to a broad variety of applying scenarios,and data transaction and profit distribution are complex due to heterogenous entities,ownerships,information density and other attributes of different data types.(ii)Global data transaction has presented with the characteristics of productization,servitization and platform-based mode.(iii)For major economies,there is a commonly observed disequilibrium between data generation scale and storage scale,which is particularly striking for China.(i^v)The global data market is in a nascent stage of rapid development with a transaction volume of about 100 billion US dollars,and China s data market is even more underdeveloped and only accounts for some 10%of the world total.All sectors of the society should be flly aware of the diversity and complexity of data factor classification and data transactions,as well as the arduous and long-term nature of developing and improving relevant institutional systems.Adapting to such features,efforts should be made to improve data classification,enhance computing infrastructure development,foster professional data transaction and development institutions,and perfect the data governance system. 展开更多
关键词 Data factor data classification data transaction mode data generation&storage volume data transaction volume
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The Impact of Low Fertility Rates on Labor Demand and Socioeconomic Development in China
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作者 Yutong Wu Binbin Su Jun Li 《China CDC weekly》 SCIE CSCD 2023年第27期599-604,共6页
The World Population Prospects report,published by the United Nations in 2022,revealed a decline in the global population growth rate(PGR)to less than 1%—the lowest recorded rate since 1950.Predictions suggest a furt... The World Population Prospects report,published by the United Nations in 2022,revealed a decline in the global population growth rate(PGR)to less than 1%—the lowest recorded rate since 1950.Predictions suggest a further decrease to 0.5%by 2050,culminating in negative growth in more than 60 countries and intensifying the issue of population aging(1).China,a highly populous nation,is encountering even more acute challenges.By the conclusion of 2022,China’s population totaled approximately 1.412 billion,reflecting a decline of 850,000 from the prior year and a natural PGR of−0.06%(2). 展开更多
关键词 ACUTE IMPACT CONCLUSION
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Measurement on the Construction Level of China's Green, Low-Carbon, and Circular-Development Economic System
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作者 ZHANG Youguo DOU Ruoyu BAI Yujie 《China Economic Transition》 2023年第1期1-33,共33页
This study aims to measure how well China's green,low-carbon,and circulardevelopment economic system(theGLCCD Economic System)is being developed.By establishing the indicator system and indicators,the spatiotempor... This study aims to measure how well China's green,low-carbon,and circulardevelopment economic system(theGLCCD Economic System)is being developed.By establishing the indicator system and indicators,the spatiotemporal range entropy weight method,Gini coefficient,Theil index,convergence model,and national and provincial data from 2012 to 2017 are employed.The construction level of almost all GLCCD Economic Systems at national and provincial levels has shown improvement during the study period.Among them,a significant boost is only observed in the development power indicator;improvement in the production system indicator and development benefit indicatorismild,andthelifesystemindicator sees a decline year by year.The construction level of the GLCCD Economic System throughout China is generally balanced but tends to expand in scale.However,the inter-regional developmenttbenefit indicator showsaconvergence trend.Based on the analysis of the similarities and differences between greenandlow-carboncircular development,the development power and development benefit,production system,and life system are incorporated into a unified logical framework.The construction level of the GLCCD Economic System is measured as a whole in a holistic manner.This study finds out the scientific connotation oftheGLCCD Economic System.The changing trends and regional differences in the construction level of the GLCCD Economic System are revealed.These findings provide a clear and reliable decision-making basis for the construction of the GLCCD Economic System. 展开更多
关键词 green low-carbon and circular development indicator system spatiotemporal range entropy weight method Gini coefficient Theil index
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The Industrial Internet of Things:A Competitive Advantage in the Era of Smart Manufacturing
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作者 Bai GAO Lan ZHU 《政治经济学季刊》 2023年第1期135-155,共21页
At present,the Chinese manufacturing industry’s competitive advantage is facing multiple challenges.China’s“hexagon diagram”industrial policy,which has promoted the competitive advantage of Chinese companies in th... At present,the Chinese manufacturing industry’s competitive advantage is facing multiple challenges.China’s“hexagon diagram”industrial policy,which has promoted the competitive advantage of Chinese companies in the era of globalization,encompasses these six strategies:enhancing factor supply,building infrastructure,improving institutional environments,enlarging market size,promoting industrial clustering,and encouraging competition.The hexagon model of industrial policy has gained China entry into many industries and increased their competitive advantage by lowering production cost and creating full-scope value chains.Lately,this competitive advantage is facing significant challenges from globalization reversal,trade wars,and the technological revolution.Relative to anti-globalization and trade wars,however,the most profound challenge facing China’s manufacturing industry is the rise of the Industrial Internet of Things and smart manufacturing.China needs to upgrade its hexagon diagram industrial policy to keep up with new developments in the Industrial Internet of Things in today’s era of smart manufacturing. 展开更多
关键词 industrial policy competitive advantage Industrial Internet of Things smart manufacturing
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The Central Role of Innovation in China’s Development
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作者 LI Xuesong 《China Economic Transition》 2021年第4期61-66,共6页
The Outline of the 14th Five-Year Plan(2021-2025)for National Economic and Social Development and the Long-Range Objectives through the Year 2035 adhere to innovation-driven development with regards to comprehensively... The Outline of the 14th Five-Year Plan(2021-2025)for National Economic and Social Development and the Long-Range Objectives through the Year 2035 adhere to innovation-driven development with regards to comprehensively creating new development advantages for China.It emphasizes that China’s modernization drive will take innovation as its central role,and utilize self-reliance in science and technology as a strategic underpinning for national development.Sci-tech development must target global frontiers,serve the primary economic battlefields,strive to fulfill China’s most significant needs,and improve the well-being of the people. 展开更多
关键词 utilize FRONTIER STRATEGIC
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