Jianbo Song
Biographic Data
| ID | 6486906 |
|---|---|
| NAME | Jianbo Song |
| GIVEN NAMES | Jianbo |
| FAMILY NAME | Song |
| SIGNATURE | SONG J |
| AFFILIATIONS | Renmin University of China |
| ORCID | 0000-0002-5868-7269 |
| VERIFIED | Yes |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 1 |
Fiscal transfers and economic convergence
This study investigates how fiscal transfers affect economic convergence across Chinese provinces. Using the data of 26 provinces over 1995–2016, we find that fiscal transfers promote an ‘immiserising convergence’ resulting from a decline in growth in rich provinces. Specifically, general fiscal transfers play an insignificant role, and special fiscal transfers facilitate the economic growth of poor provinces but impede that of rich provinces. Fu…
Environmental subsidies and companies’ environmental investments
Environmental subsidies are important means for the government to promote companies to fulfil environmental protection responsibilities. Employing a text analysis method, this study obtains the data on government subsidies for environmental protection of A-share listed companies in China from 2007 to 2016. Empirical estimates show that the subsidies received by companies promote their environmental inputs. Additionally, analyst tracking and inter…
Does development of financial markets help firm innovation? Evidence from China
This paper examines the impact of financial market development on firm R&D investment. Using hand-collected R&D investment data of 221 high-tech firms listed in China’s small and medium-sized board in the period of 2009–2015, we find that equity financing, particularly internal cash flow, is the main source for R&D investment of high-tech firms. Mature firms make more use of debt financing than young ones and are faced with less severe financial …
The Renminbi Exchange Rate Reform and the Rebalancing of China’s Growth Model
This paper posits that a proper way to estimate the Renminbi (RMB) exchange rate is to base the evaluation on the Balassa-Samuelson effect, and that the optimal way to facilitate China’s growth model transformation is gradual RMB internationalization and capital account liberalization. Regression estimates show that the gross domestic product per capita growth rate, or the productivity growth rate, has strong explanatory validity when estimating …
Understanding the evolving inflation process in China
This paper analyzes the evolving inflation process in China from 1997 to 2011. We construct a multivariate dynamic framework that captures the features of interactions between inflation and other relevant variables in China. Empirical results show that excess liquidity holds the most important predictive power on inflation in China. Further investigation demonstrates that there is significant pass-through effect from exchange rates and import pri…
Understanding the evolving inflation process in China
This paper analyzes the evolving inflation process in China from 1997 to 2011. We construct a multivariate dynamic framework that captures the features of interactions between inflation and other relevant variables in China. Empirical results show that excess liquidity holds the most important predictive power on inflation in China. Further investigation demonstrates that there is significant pass-through effect from exchange rates and import pri…
Understanding the evolving inflation process in China
This paper analyzes the evolving inflation process in China from 1997 to 2011. We construct a multivariate dynamic framework that captures the features of interactions between inflation and other relevant variables in China. Empirical results show that excess liquidity holds the most important predictive power on inflation in China. Further investigation demonstrates that there is significant pass-through effect from exchange rates and import pri…
The Renminbi Exchange Rate Reform and the Rebalancing of China’s Growth Model
This paper posits that a proper way to estimate the Renminbi (RMB) exchange rate is to base the evaluation on the Balassa-Samuelson effect, and that the optimal way to facilitate China’s growth model transformation is gradual RMB internationalization and capital account liberalization. Regression estimates show that the gross domestic product per capita growth rate, or the productivity growth rate, has strong explanatory validity when estimating …
Does development of financial markets help firm innovation? Evidence from China
This paper examines the impact of financial market development on firm R&D investment. Using hand-collected R&D investment data of 221 high-tech firms listed in China’s small and medium-sized board in the period of 2009–2015, we find that equity financing, particularly internal cash flow, is the main source for R&D investment of high-tech firms. Mature firms make more use of debt financing than young ones and are faced with less severe financial …
Environmental subsidies and companies’ environmental investments
Environmental subsidies are important means for the government to promote companies to fulfil environmental protection responsibilities. Employing a text analysis method, this study obtains the data on government subsidies for environmental protection of A-share listed companies in China from 2007 to 2016. Empirical estimates show that the subsidies received by companies promote their environmental inputs. Additionally, analyst tracking and inter…
Fiscal transfers and economic convergence
This study investigates how fiscal transfers affect economic convergence across Chinese provinces. Using the data of 26 provinces over 1995–2016, we find that fiscal transfers promote an ‘immiserising convergence’ resulting from a decline in growth in rich provinces. Specifically, general fiscal transfers play an insignificant role, and special fiscal transfers facilitate the economic growth of poor provinces but impede that of rich provinces. Fu…
China (5 works) · Economics (4 works) · Macroeconomics (3 works) · Business (2 works) · Exchange rate (2 works) · Finance (2 works) · Fiscal Policy and Economic Growth (2 works) · Geography (2 works) · Monetary economics (2 works) · Monetary Policy and Economic Impact (2 works)