Yiping Huang
Biographic Data
| ID | 4416475 |
|---|---|
| NAME | Yiping Huang |
| GIVEN NAMES | Yiping |
| FAMILY NAME | Huang |
| SIGNATURE | HUANG Y |
| AFFILIATIONS | Peking University |
| ORCID | 0000-0003-2263-0612 |
| VERIFIED | Yes |
| TOTAL WORKS | 21 |
| TOTAL CITATIONS | 17 |
| AUTHOR COUNT | 21 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1996 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
The framework of macroeconomic policy in China
Leveraging ESP teachers’ roles
Digital economy and carbon emission reduction
China confronts a challenging dilemma between environmental protection and economic development as it endeavors to achieve dual carbon goals. To discern a feasible developmental path, this paper designs a comprehensive index of the digital economy encompassing four dimensions: input, production, output, and consumption, conducts an empirical analysis to explore the relationship between the digital economy and carbon emissions by using a two-way f…
China’s changing economic relations with the world
Strong regulations’ of China’s platform economy
Within two decades, China built a very large platform economy. From the beginning of 2021, however, the Chinese government started to implement a set of new policies, popularly known as ‘strong regulations’, in order to correct improper platform behavior and improve market efficiency. These policies caused some negative effects on short-term momentum of the platform economy, including lay-offs of employees, decline of investment, and shrinkage of…
The genesis, design and implications of China’s central bank digital currency
The People’s Bank of China (PBC) was among the first in the world to start exploration of central bank digital currency (CBDC) and will probably be one of the first major central banks releasing its own CBDC. This article intends to explain the construction of the e-CNY and discuss its likely implications. While PBC tried hard to avoid causing disintermediation of commercial banks, it remains to be seen if there will be a shift from commercial ba…
Special issue
In 2012, the Chinese government announced Two Centennial Goals. The first is to double the 2010 GDP and per capita income for both urban and rural residents by 2021, the year when the Chinese Commu
Proactively and steadily advancing China’s financial opening
Should China continue to open its financial system? Our answer to this question is positive since financial opening is necessary for supporting economic innovation, containing financial risks and participating in international economic governance. However, the needs some new ideas in devising next-stage financial opening policies including replacing the experimental approach by more systemic method and top-level design, combining ‘using reform to…
Understanding China's Belt & Road Initiative
Can China escape the middle-income trap
Can China continue its relatively rapid economic growth and rise to the high-income status in the coming decade? In this article we address this question by examining three issues. One, is the current slowdown mainly a cyclical or a structural phenomenon? Two, can China successfully transform its growth model? And, three, what does China need to do to foster its capability of technological innovation and industrial upgrading? We conclude that, wi…
Introduction to the special issue
Internet finance, which is often referred to as “digital finance” and “Fintech” outside China, was coined by Ping Xie and Chuanwei Zou (2012). According to Guidelines for Promoting the Healthy Deve
Will the R enminbi become a reserve currency
In recent years, the authorities in the People’s Republic of China (PRC) have made great efforts to internationalize its currency. Will Renminbi (RMB) finally become a reserve currency? This paper addresses the above question from an institutional analytical framework. We find that if only economic fundamentals are used in the prediction, the expected share of the RMB in global currency reserves could reach 10% at the end of 2011. However, if ins…
Introduction to special issue on assessing quality of Chinese statistics
How big is the Chinese Government debt
China’s public debt does not provide a meaningful guidance about the government’s overall debt burden, since it also has various forms of contingent liabilities such as shortfalls in the pension fund, debts of local government investment vehicles, and nonperforming loans of the state-owned commercial banks. However, there is no authoritative data on the government’s overall debt burden. In this paper, we try to put together a complete picture by …
Achieving capital account convertibility in China 1
China has been delaying the plan of achieving capital account convertibility since the Asian financial crisis, although restrictions on capital flows have been reduced steadily, confirmed by the falling Capital Account Control Index. Current restrictions exist mainly for cross-border portfolio investment, debt financing and outward direct investment (ODI). Effectiveness of these restrictions, however, has been declining over time. While capital c…
What does the Lewis turning point mean for China? A computable general equilibrium analysis
We apply a computable general equilibrium framework to assess likely impacts of the Lewis turning point (LTP) on China and the rest of the world. Modeling results suggest that China will probably transition from an abnormal economy to a normal economy with somewhat lower growth but higher inflation, which requires significant revision to the macroeconomic policy framework. China would lose competitiveness in labor-intensive activities, its curren…
What determines China's inflation
We examine determinants of inflation in China. Analyses of both year-on-year and month-on-month growth data confirm that excess liquidity, output gap, housing prices, and stock prices positively affect inflation. Impulse response analyses indicate that most effects occur during the initial five months and disappear after ten months. Effects of real interest rates and exchange rates on inflation are relatively weak. Our results suggest that the ou…
Market and Institutional Regulation in Chinese Industrialization . Dic Lo
China's industrial growth and efficiency
This paper examines the productive efficiency and growth performance of China's state and TVE industrial sectors during the reform period. The meta‐production function approach is applied using enterprise survey data for the 1986–90 period. It is found that the rapid growth of the TVE sector was mainly driven by total factor productivity (TFP) growth and expansion of capital stock. In the state sector, however, the TFP was decreasing during that …
The Third Revolution in the Chinese Countryside
The first revolution in the Chinese countryside was the land reform after the proclamation of the People's Republic of China in 1949. The second was decollectivization of agriculture and shift to the household responsibility system as a basis for agricultural production. This set the scene for the freeing of markets for farm products and linking of domestic markets to international markets; this 1996 book explores this third revolution. The first…
The water quality of Lake Taihu and its protection
Strong regulations’ of China’s platform economy
Within two decades, China built a very large platform economy. From the beginning of 2021, however, the Chinese government started to implement a set of new policies, popularly known as ‘strong regulations’, in order to correct improper platform behavior and improve market efficiency. These policies caused some negative effects on short-term momentum of the platform economy, including lay-offs of employees, decline of investment, and shrinkage of…
Can China escape the middle-income trap
Can China continue its relatively rapid economic growth and rise to the high-income status in the coming decade? In this article we address this question by examining three issues. One, is the current slowdown mainly a cyclical or a structural phenomenon? Two, can China successfully transform its growth model? And, three, what does China need to do to foster its capability of technological innovation and industrial upgrading? We conclude that, wi…
The genesis, design and implications of China’s central bank digital currency
The People’s Bank of China (PBC) was among the first in the world to start exploration of central bank digital currency (CBDC) and will probably be one of the first major central banks releasing its own CBDC. This article intends to explain the construction of the e-CNY and discuss its likely implications. While PBC tried hard to avoid causing disintermediation of commercial banks, it remains to be seen if there will be a shift from commercial ba…
Introduction to the special issue
Internet finance, which is often referred to as “digital finance” and “Fintech” outside China, was coined by Ping Xie and Chuanwei Zou (2012). According to Guidelines for Promoting the Healthy Deve
Will the R enminbi become a reserve currency
In recent years, the authorities in the People’s Republic of China (PRC) have made great efforts to internationalize its currency. Will Renminbi (RMB) finally become a reserve currency? This paper addresses the above question from an institutional analytical framework. We find that if only economic fundamentals are used in the prediction, the expected share of the RMB in global currency reserves could reach 10% at the end of 2011. However, if ins…
Achieving capital account convertibility in China 1
China has been delaying the plan of achieving capital account convertibility since the Asian financial crisis, although restrictions on capital flows have been reduced steadily, confirmed by the falling Capital Account Control Index. Current restrictions exist mainly for cross-border portfolio investment, debt financing and outward direct investment (ODI). Effectiveness of these restrictions, however, has been declining over time. While capital c…
What does the Lewis turning point mean for China? A computable general equilibrium analysis
We apply a computable general equilibrium framework to assess likely impacts of the Lewis turning point (LTP) on China and the rest of the world. Modeling results suggest that China will probably transition from an abnormal economy to a normal economy with somewhat lower growth but higher inflation, which requires significant revision to the macroeconomic policy framework. China would lose competitiveness in labor-intensive activities, its curren…
What determines China's inflation
We examine determinants of inflation in China. Analyses of both year-on-year and month-on-month growth data confirm that excess liquidity, output gap, housing prices, and stock prices positively affect inflation. Impulse response analyses indicate that most effects occur during the initial five months and disappear after ten months. Effects of real interest rates and exchange rates on inflation are relatively weak. Our results suggest that the ou…
The Third Revolution in the Chinese Countryside
The first revolution in the Chinese countryside was the land reform after the proclamation of the People's Republic of China in 1949. The second was decollectivization of agriculture and shift to the household responsibility system as a basis for agricultural production. This set the scene for the freeing of markets for farm products and linking of domestic markets to international markets; this 1996 book explores this third revolution. The first…
The water quality of Lake Taihu and its protection
China's industrial growth and efficiency
This paper examines the productive efficiency and growth performance of China's state and TVE industrial sectors during the reform period. The meta‐production function approach is applied using enterprise survey data for the 1986–90 period. It is found that the rapid growth of the TVE sector was mainly driven by total factor productivity (TFP) growth and expansion of capital stock. In the state sector, however, the TFP was decreasing during that …
Market and Institutional Regulation in Chinese Industrialization . Dic Lo
What does the Lewis turning point mean for China? A computable general equilibrium analysis
We apply a computable general equilibrium framework to assess likely impacts of the Lewis turning point (LTP) on China and the rest of the world. Modeling results suggest that China will probably transition from an abnormal economy to a normal economy with somewhat lower growth but higher inflation, which requires significant revision to the macroeconomic policy framework. China would lose competitiveness in labor-intensive activities, its curren…
What determines China's inflation
We examine determinants of inflation in China. Analyses of both year-on-year and month-on-month growth data confirm that excess liquidity, output gap, housing prices, and stock prices positively affect inflation. Impulse response analyses indicate that most effects occur during the initial five months and disappear after ten months. Effects of real interest rates and exchange rates on inflation are relatively weak. Our results suggest that the ou…
Achieving capital account convertibility in China 1
China has been delaying the plan of achieving capital account convertibility since the Asian financial crisis, although restrictions on capital flows have been reduced steadily, confirmed by the falling Capital Account Control Index. Current restrictions exist mainly for cross-border portfolio investment, debt financing and outward direct investment (ODI). Effectiveness of these restrictions, however, has been declining over time. While capital c…
Introduction to special issue on assessing quality of Chinese statistics
How big is the Chinese Government debt
China’s public debt does not provide a meaningful guidance about the government’s overall debt burden, since it also has various forms of contingent liabilities such as shortfalls in the pension fund, debts of local government investment vehicles, and nonperforming loans of the state-owned commercial banks. However, there is no authoritative data on the government’s overall debt burden. In this paper, we try to put together a complete picture by …
Will the R enminbi become a reserve currency
In recent years, the authorities in the People’s Republic of China (PRC) have made great efforts to internationalize its currency. Will Renminbi (RMB) finally become a reserve currency? This paper addresses the above question from an institutional analytical framework. We find that if only economic fundamentals are used in the prediction, the expected share of the RMB in global currency reserves could reach 10% at the end of 2011. However, if ins…
Understanding China's Belt & Road Initiative
Can China escape the middle-income trap
Can China continue its relatively rapid economic growth and rise to the high-income status in the coming decade? In this article we address this question by examining three issues. One, is the current slowdown mainly a cyclical or a structural phenomenon? Two, can China successfully transform its growth model? And, three, what does China need to do to foster its capability of technological innovation and industrial upgrading? We conclude that, wi…
Introduction to the special issue
Internet finance, which is often referred to as “digital finance” and “Fintech” outside China, was coined by Ping Xie and Chuanwei Zou (2012). According to Guidelines for Promoting the Healthy Deve
Proactively and steadily advancing China’s financial opening
Should China continue to open its financial system? Our answer to this question is positive since financial opening is necessary for supporting economic innovation, containing financial risks and participating in international economic governance. However, the needs some new ideas in devising next-stage financial opening policies including replacing the experimental approach by more systemic method and top-level design, combining ‘using reform to…
Special issue
In 2012, the Chinese government announced Two Centennial Goals. The first is to double the 2010 GDP and per capita income for both urban and rural residents by 2021, the year when the Chinese Commu
The genesis, design and implications of China’s central bank digital currency
The People’s Bank of China (PBC) was among the first in the world to start exploration of central bank digital currency (CBDC) and will probably be one of the first major central banks releasing its own CBDC. This article intends to explain the construction of the e-CNY and discuss its likely implications. While PBC tried hard to avoid causing disintermediation of commercial banks, it remains to be seen if there will be a shift from commercial ba…
China’s changing economic relations with the world
Strong regulations’ of China’s platform economy
Within two decades, China built a very large platform economy. From the beginning of 2021, however, the Chinese government started to implement a set of new policies, popularly known as ‘strong regulations’, in order to correct improper platform behavior and improve market efficiency. These policies caused some negative effects on short-term momentum of the platform economy, including lay-offs of employees, decline of investment, and shrinkage of…
Digital economy and carbon emission reduction
China confronts a challenging dilemma between environmental protection and economic development as it endeavors to achieve dual carbon goals. To discern a feasible developmental path, this paper designs a comprehensive index of the digital economy encompassing four dimensions: input, production, output, and consumption, conducts an empirical analysis to explore the relationship between the digital economy and carbon emissions by using a two-way f…
Leveraging ESP teachers’ roles
The framework of macroeconomic policy in China
Economics (16 works) · China (15 works) · Geography (8 works) · Political science (8 works) · Business (7 works) · Finance (5 works) · Fiscal Policy and Economic Growth (5 works) · Global Financial Crisis and Policies (5 works) · International economics (5 works) · Macroeconomics (5 works)