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Author: Xubei Luo
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
China has quickly become the largest e-commerce market in the world. By matching a nationally representative China Family Panel Studies survey with county-level e-commerce information obtained from Alibaba, this paper examines how e-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e-commerce development is associated with higher consumption growth. Second, the relationship is stronger for the rural sample, inland regions, and poor households, suggesting that e-commerce development helps reduce spatial inequality in consumption. Third, the consumption of durable goods and in-style goods has grown faster than the consumption of local services.
Author: Xubei Luo
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
China has quickly become the largest e-commerce market in the world. By matching a nationally representative China Family Panel Studies survey with county-level e-commerce information obtained from Alibaba, this paper examines how e-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e-commerce development is associated with higher consumption growth. Second, the relationship is stronger for the rural sample, inland regions, and poor households, suggesting that e-commerce development helps reduce spatial inequality in consumption. Third, the consumption of durable goods and in-style goods has grown faster than the consumption of local services.
Author: Yue Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This dissertations consists three essays on development issues in contemporary China. Two essays focus on the role of e-commerce in China's economic development and the third essay studies the latest trend of Chinese inequality. China has been the world's largest e-commerce market since 2013. E-commerce development in China has been fast but uneven with the rural and inland markets relatively left behind compared with city and coastal markets. Since 2014, the Chinese government has been supporting major e-commerce development in rural and remote areas. Chapter One studies the effect of the national-wide rural e-commerce program on rural residents' labor market outcomes. One likely consequence of the expansion of e-commerce is saving in time cost of shopping for people in remote villages. This paper analyzes the impact of this time saving on labor supply of men and women in rural China. I first uncover the heterogeneity of response in e-commerce use to the government program with a machine learning approach. Then to investigate the causal effect of e-commerce expansion, I exploit an interaction IV strategy making use of the roll-out time of the government program and heterogeneous response of online shopping to the program across distance and age structure, as supported by findings from the machine learning approach. My estimates suggest that e-commerce expansion increases weekly labor supply by 7 hours and the probability of working in the wage sector by 14 percentage points by relaxing the time budget constraint. The result is significant for both men and women, but in a gender differentiated manner. It shifts labor away from self-employed agriculture to the wage sector for men, and from working inside the home to outside the home for women. Chapter Two studies how local e-commerce development affect household consumption growth and its structure. By matching a nationally representative China Family Panel Studies survey with county-level e-commerce information obtained from Alibaba, this chapter examines how e-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e-commerce development is associated with higher consumption growth. Second, the relationship is stronger for the rural sample, inland regions, and poor households, suggesting that e-commerce development helps reduce spatial inequality in consumption. Third, the consumption of in-style goods and high-income elasticity goods has grown faster than the consumption of local services. Chapter Three investigates the long-term evolution and latest trend of Chinese inequality. The chapter argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and, according to some measures, even declining. A number of papers have been harbingers of this conclusion, but this paper consolidates the literature indicating a turnaround, and provides empirical foundations for it. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined through decomposition by income source and population subgroup. Some preliminary explanations are provided for these trends in terms of shifts in policy and the structural transformation of the Chinese economy. We relate the turnaround to two classic phenomena in the development economics literature-the Lewis turning point and the Kuznets turning point. The plateauing is not yet a full blown decline, and there are short term variations. But the narrative on Chinese inequality now needs to accommodate the possibility of a turnaround in inequality, and to focus on the reasons for this turnaround.
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
ISBN: 9251345104
Category : Technology & Engineering
Languages : en
Pages : 64
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Book Description
This publication, produced by FAO and Zhejiang University, examines how rural e-commerce could advance the digital transformation of agri-food systems, including increasing production efficiency, expanding farmers’ market access, improving poverty alleviation, fostering agricultural entrepreneurship, and attracting young generations back to their villages for economic revival and rural revitalization. It is highlighted that an enabling ecosystem with favourable government policies and strategies, public-private partnerships and innovative business models is of great importance to accelerate the development of rural areas in China, and generate larger economic, social and environmental impacts. As the largest developing country in the world, the experience of digital agriculture transformation in China could be shared with other developing countries. The report also discusses some of the challenges encountered and lessons learned during the development of rural e-commerce, as well as the proposals for the way forward.
Author: Holger Bracker
Publisher: GRIN Verlag
ISBN: 3640916425
Category : Business & Economics
Languages : en
Pages : 13
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Book Description
Essay from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, grade: HD, RMIT University (Institute of Economics, Marketing and Finance), course: Culture and Business Practice in Asia, language: English, abstract: During the last decade Internet usage has experienced a tremendous increase in the Asian region and especially in China. According to Internet World Stats (2010) the number of internet users in Asia from 2000 to 2010 increased from 114.3 million to 825.1 million (721.8%). In the same time period China's number of Internet users increased from 22.5 million in December 2000 to approximately 420 million by June 2010 representing an increase of more than 1,800% (see table 1). Full-functional internet connection for private households in China, for example, was first established on 20 April 1994 (China Internet Network Information Center (CNNIC), 2010) and was followed by steady growth.
Author: Lizhi Liu
Publisher: Princeton University Press
ISBN: 0691254109
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
"The rise of e-commerce has transformed China's economy over the past two decades. By late 2020, close to 800 million Chinese people had shopped online and more than 60 million citizens were directly or indirectly employed in e-commerce-related industries. Yet the rapid rise of the industry seems to defy conventional wisdom. For instance, China's e-commerce market took off without strong formal institutions to support it, challenging the prevailing notion in political economy that certain formal institutions like state-provided secure property rights, contract enforcement, and the rule of law are crucial pre-conditions for supporting efficient markets. Using a vast array of qualitative and quantitative data, Lizhi Liu reveals how, with weak rule of law, China instead outsourced part of its institutional functions to e-commerce companies themselves-prominent examples include Alibaba's Taobao.com and Tmall.com. Liu calls these companies "private regulatory intermediaries" (PRIs) and shows how they fulfill various legal, social, and political functions that the state might otherwise take on. Taobao, for example, has a complex reputation mechanism, a credit score, a fraud detection program, and even a jury-like system in which users can adjudicate cases or vote to change platform rules. Liu also explores how, beyond the systematic level, e-commerce has significant individual-level effects-namely, that e-commerce reduces the household cost of living but also distracts citizens from local political issues. Ultimately, this project goes beyond traditional analysis emphasizing either the rule of law or informal networks in supporting market development; it provides a lens to understand institutional experimentation broadly and deepens our understanding of state-business relationships in the Chinese context"--
Author: Victor Couture
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 67
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Book Description
The number of people buying and selling products online in China has grown from practically zero in 2000 to more than 400 million by 2015. Most of this growth has occurred in cities. In this context, the Chinese government recently announced the expansion of e-commerce to the countryside as a policy priority with the objective to close the rural-urban economic divide. As part of this agenda, the government entered a partnership with a large Chinese e-commerce firm. The program invests in the necessary logistics to ship products to and sell products from tens of thousands of villages that were largely unconnected to e-commerce trading. The firm also installs an e-commerce terminal at a central village location, where a terminal manager assists households in buying and selling products through the firm's e-commerce platform. This paper combines a new collection of survey and administrative microdata with a randomized control trial (RCT) that we implement across villages in collaboration with the e-commerce firm. We use this empirical setting to provide evidence on the potential of e-commerce integration to foster economic development in the countryside, the underlying channels and the distribution of the gains from e-commerce across households and villages.
Author: Ms.Longmei Zhang
Publisher: International Monetary Fund
ISBN: 1484389700
Category : Business & Economics
Languages : en
Pages : 24
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Book Description
China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
Author: John Wong
Publisher: NUS Press
ISBN: 9789810244958
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
The New Economy has hit China, driven by the Internet and e-commerce. China has made a good start in both areas. Since its debut, subscribers to the Internet grew exponentially from a mere 1,600 in 1994 to 16.9 million in mid-2000. E-commerce transactions registered a total revenue of 200 million yuan in 1999, or twice as much as in 1998. B2C e-commerce is expected to grow by 300% in 2000. However, the rapid growth of the sectors is constrained by certain factors. Focusing on China's nascent Internet and e-commerce industries, this book presents the historical development, current market status and future growth, as well as discusses the problems and issues facing the two sectors.
Author:
Publisher:
ISBN:
Category : Electronic commerce
Languages : en
Pages : 160
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Book Description
Author: Peter John Lloyd
Publisher: Edward Elgar Publishing
ISBN: 1781952809
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
This work focuses on the theme of twin transitions occuring in the Chinese economy: the transition from a centrally planned economic system to a market orientated one, and from an agrarian to a modern industrialized society. This book covers developments in the macroeconomy; productivity and reform of state-owned enterprises; issues of international trade such as the management of the exchange rate; the pattern of exports and the development of e-commerce; and problems in the agricultural sector and the environment.
