China Economic Quarterly Best Paper Award (2012-2013)


 date:2014-5-19 10:49:00 source:BiMBA         

China Economic Quarterly 2012-2013Volume 12

Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies

The China Economic Quarterly 2012-2013Volume 12Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies goes to Aging, Economic Growth, and Fiscal Policy, published in No.1, Volume 12, authored by Qiongzhi Liu and Qi He (Economics and Management School of Wuhan University)120106.pdf .

 

 

Qiongzhi Liu

 

Qi He

Remarks from the Award Committee

This paper presents a balanced mix between academic rigor and empirical relevance. The authors construct an extended overlapping generation model that explicitly takes human capital and government tax into account. The condition of balanced growth yields a solution that delivers various interesting predictions about aging, economic growth and fiscal policy. China data is also used in estimating an intuitive econometric model to support the conclusions from the extended overlapping generation model. It is found that aging is currently slowing down China’s economic growth. The authors suggest to decrease the size of government’s fiscal expenditure but to increase the share of educational expenditure.

China Economic Quarterly 2012-2013Volume 12Dr. Werner Jackstädt Annual Best Paper Award Nominees(in random order):

1)        Qiongzhi Liu, Qi He: Aging, Economic Growth, and Fiscal Policy((Vol.12, No.1)120106.pdf;

2)        Zhebing Wang, Liyan Han: The Founder’s Choice between Democracy and Autocracy in Corporate Governance(Vol.12, No.2)120205.pdf;

3)        Yuequ, Fang Cai, Xiaobo Zhang: Has the “Flying Geese” Occurred in China?An Analysis on the China's Manufacturing Industries from 1998 to 2008(Vol.12, No.3)120301.pdf;

4)        Guowei Cai, Jinbao Qian: The Origin of Spatial Correlation: A Theoretical Model and Empirical Evidence(Vol.12, No.3)120306.pdf;

5)        Justin Yifu Lin, Binkai Chen: Development Strategy, Industrial Structure and Income Distribution: (Vol.12, No.4)120401.pdf;

6)        Rudai Yang, Shi E Zhu: Firm, Geography and Product Price: What is So Special of Chinese Exports(Vol.12, No.4)120411.pdf.

Introduction to the China Economic Quarterly Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies

In order to encourage high-quality economic research, China Economic Quarterly set up the Annual Best Paper Award since its inception. Each year one paper is selected as the best paper from the volume published in that year. Starting in 2010, the award is renamed as Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies, and from 2014 the prize is set to RMB 40,000 yuan.

The winner is decided by majority votes on the nominated papers from the award committee, which is comprised of the four editors of China Economic Quarterly and Prof. Dr. Carsten Herrmann-Pillath from the East-West Centre for Business Studies and Cultural Science, Frankfurt School of Finance & Management.

This award is financially sponsored by the Dr. Jackstädt Foundation and supported by The East West Centre for Business Studies and Cultural Science at Frankfurt School.

Dr. Jackstädt was an entrepreneur who had made outstanding contribution to the post-war German economic miracle. The mission of the Dr. Jackstädt Foundation is to support the research in the field of medicine and management science, and to help the development of Wuppertal, Dr. Jackstädt’s hometown (which is also the hometown of Engels).

 
 
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