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Table of Content

    20 October 2020, Volume 23 Issue 5
    A CASE STUDY ON PINGDINGSHAN CITY: PERFORMANCE EVALUATION OF AND DEVELOPING APPROACHES TO ECOLOGICAL TRANSFORMATION IN RESOURCE-BASED CITIES
    CHEN Xiaolong, DI Qianbin
    2021, 23(5):  1-10.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.006
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    This paper uses 2007—2016 panel data of Pingdingshan city to establish a performance evaluation index system of Pingdingshan's ecological transformation from residents' perception, ecological status, ecological governance and ecological improvement, and uses entropy to determine the weights of indexes, and applies structural function to score the performance in ecological transformation. During 2007 to 2016, Pingdingshan's ecological transformation has produced a good consequence marked by an increasing environmental governance, an improving ecological environment, rising residents' satisfaction, but remaining a room for improvement. A better ecological transformation performance is mainly contributed by decreasing unit GDP energy consumption, fog and SO2 emission from ecological status. Governmental administration and policies are vital factors in ecological governance. Key factors in ecological improvement include expansion of natural reserves and added urban green area per capita.
    FORECAST OF MULTIPLE-SECTORAL DECOUPLING OF CHINA'S ECONOMIC DEVELOPMENT WITH ENERGY CONSUMPTION
    SUN Han, ZHANG Hongyan, FU Xiaoling
    2021, 23(5):  11-20.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.002
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    Environmental pollution and energic shortage are worsening as economy grows. Decoupling of China's multiple-sectoral economic growth with energic consumption is key to relieving the pressures on China's energy security and climate and environment. This paper uses Tapio decoupling model and LEAP system to forecast the decoupling of China's sectoral production with energic consumption under benchmark and outlook scenarios on the basis of production and energic consumption information of 8 sectors in 1999 to 2017. Results show that the decoupling is well in the first industry, probably to reach a strong decoupling (ΔG>0, ΔE<0, δ<0), likely to reach a strong decoupling in the second industry, but declining (ΔG<0, ΔE<0, 0.8≤δ≤1.2) in mining, electricity, gas and supply industries under the reference background, fluctuating between strong and weak decoupling in manufacturing and building sectors, which is estimated to be improving. The third industry displays a weak decoupling under the outlook except the storage and posting industries with an expanding connection (ΔG>0, ΔE>0, 0.8≤δ≤1.2) under the reference and outlook. This paper presents suggestion for policy makers to focus on the third industry, especially on transportation, storage and positing industries of large potential in improving energic use structure and technical innovation.
    TEMPORAL-SPATIAL EVOLUTION OF COUPLING COORDINATED DEVELOPMENT BETWEEN REGIONAL ECONOMY AND ECOLOGICAL ENVIRONMENT BASED ON A CASE STUDY ON HEILONGJIANG PROVINCE
    WANG Yi, HAO Xiuhui, YAO Lixia
    2021, 23(5):  21-30.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.005
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    A coupling coordinated development between regional economy and ecological environment ensures a quality regional development. This paper establishes a comprehensive evaluation index system of coupling coordinated development between regional economy and ecological environment in Heilongjiang province, and measures their comprehensive evaluation indexes of regional economy and ecological environment in Heilongjiang and its cities during 2007 to 2018 by using coupling coordinated model. A panel data regression model is constructed with coupling coordinated degree as other explanatory variable and related indicators in comprehensive evaluation index system as explanatory variables. Results show a windingly rising trend between Heilongjiang's regional economy and ecological environment, their coupling coordinated degree is of heterogeneity. Regression coefficient of economy is higher than that of ecological environment. Positive indicators boost the coupling coordinated degree, which exceeds the impacts of negative indicators. This paper present suggestions on improving mandatory environmental regulation, enacting inspiring environmental regulation, focusing their linkage effect and planning economic structure so as to reach a coordinated development between ecological environment and industrial structural upgrade.
    COMMERCIALLY FINANCIAL POVERTY EVALUATION OF "THE BELT AND ROAD" IN JIANGSU PROVINCE
    ZHANG Changzheng, LIU Mian, REN Hong
    2021, 23(5):  31-40.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.001
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    Financing constraints limit commercial investments and remains as one of bottlenecks for China's listed companies, which has to be resolved. This paper uses financing constraint theory, financial restraining theory and poverty theory to conceptually define the commercially financial poverty as an approach to commercial financing, and analyzes the exposure factors and anti-poverty factors of the Belt and Road” from macroscopic, medium tomicroscopic levels, and determine their comprehensive weights by means of hierarchy analysis based on cases of 21 Shanghai-listed Jiangsu-registered companies of “the Belt and Road”. During 2013 to 2018, all of them are of financial poverty with average index between 1.1 to 1.9 in an upward trend, mainly contributed by a lagging financing market and financial institutes. Among the 114 indexes, 11 of serious alarming are private companies, indicating state-owned companies have an optimistic financial poverty level than private. The higher globalization, larger size, stronger profitability, more stable political regime, the weaker financial poverty. This paper presents policy suggestions for governments in boosting financial orientation and in creating a good financially external environment, and for companies in intensifying anti-poverty capabilities to mitigate financing restraining level.
    AGRICULTURAL ECOLOGICAL EFFICIENCY AND ITS FACTORS OF YANGTZE RIVER ECONOMIC ZONE
    JIANG Xiangcheng, ZHAO Xin
    2021, 23(5):  41-50.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.003
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    Construction of agricultural ecological civilization depends upon improvement of ecological efficiency. This paper, based on 2008-2018 panel data of 11 provinces (cities) in the Yangtze River economic zone, uses SBM-Undesirable model global Moran’s Index to analyze the temporal-spatial evolution of agricultural ecological efficiency of Yangtze River economic zone and applies panel regression to study its factors. During the study period, the average agricultural ecological efficiency is less than 1, below the effective value, 0。9329, 0.7830 and 0.9624 in the upper-, middle- and down-stream, respectively, showing a downgrade trend from upper-, down- to middle-stream. Gap exists among provinces (cites). The global Moran's Index shows a weakly concentrating tendency, displaying positive, negative and positive concentrating effects over time. The agricultural ecological efficiency showing a positive U-shaped relation with economic development is boosted by farming structure, research and development investment, agricultural intensification and financial supports, but offset by the urbanization.
    IMPACTS OF CHINA-US TRADE CONFLICT ON CHINA'S IMPORTED US-GAS BASED ON DID MODEL
    LI Hongxun, ZHAO Huijie
    2021, 23(5):  51-60.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.010
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    This paper, based on China's imported gas data from nine countries during 2017 January to 2020 June, uses difference-in-difference (DID) model to analyze impacts of China-US trade conflict on China's imported US-gas with conclusion that the conflict has led to an obvious negative impact. This paper combines the conflicting stages with China's taxation time to divide the conflict into 6 stages. As the conflict develops, its impacts show staged features. Stability test reveals that this conflict does not exert large impacts on gas imported from other countries. This paper provides suggestions on actively dealing with trade conflict and diminishing trade adverse balance, making staged trade agreements to avoid the China-US uncertain relation, and boosting cooperation with other gas producers in order to secure China's gas imports.
    QUALITY DEVELOPING PATH FOR WESTERN CHINA UNDER ECOLOGICAL WELFARE PERFORMANCE BASED ON TWO-STAGED DEA AND TOBIT MODELS
    DONG Mei, WANG Yanying, YU Song, et al
    2021, 23(5):  61-71.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.004
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    High-quality development is a new concept of innovation, coordination, green, openness and sharing, promoting sustainable development in the region, and there are few studies on high-quality economic development from the perspective of ecological welfare. From the perspective of ecological welfare, it is of great theoretical and practical significance to evaluate the ecological welfare performance of Western China and provide path choice for the high-quality development of this region. Based on the data of 11 provinces in Western China, this paper adopted two-stage dynamic non-expected DEA model to evaluate the level of ecological welfare performance. The results showed that the efficiency of ecological welfare in western China is 0.665, indicating that the overall level of ecological welfare performance is not high. Most provinces have not achieved high-quality development, mainly due to low ecological economic efficiency, with an average value of only 0.5. During the 13th Five-Year Plan period, the economic efficiency of the western region declined; Raising GDP increases welfare. To this end, we should accelerate the transformation of industrial structure, develop the circular economy and the green economy, raise GDP level, continue to increase investment in ecological protection and environmental governance, and improve the assessment indicators of local governments so as to promote high-quality economic development.
    ADJUSTMENT OF ENTERPRISES LIFE CIRCLE: IMPACTS OF GOVERNMENTAL SUBSIDIES ON COMMERCIAL OPERATING PERFORMANCE
    XIAO Yu, LI Wenqiang, QIAN Xuchao, et al
    2021, 23(5):  72-79.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.007
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    This paper, based on 2015—2019 panel data of China's 163 listed new energy companies, uses fixed effect model to study the impacts of governmental subsidies on operating performance of new energy companies, and discusses the adjustment of governmental subsidies on commercial operating performance under enterprises life circle, and uses grouped regression to check the effect of governmental subsidies on commercial operating performance amid different ownerships and marketization. Results show an upside-down U-shaped relation between governmental subsidies and commercial operating performance in new energy industry, outstandingly for growing companies, private companies, and in highly-marketized regions. Property ownership exerts a large adjustment.
    STABLE DE-POVERTY OF RURAL POOR HOUSEHOLDS VIEWING FROM SOCIAL SECURING AND COMMERCIAL INSURANCE
    WANG Baoqian, PENG Muwei
    2021, 23(5):  80-88.  DOI: 10.13776/j.cnki.resourcesindustries.20211018.001
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    This paper, based on China Family Panel Studies (CFPS), uses PSM-DID model to check the impacts of social security & commercial insurance on incomes of rural poor families and concludes that such a policy can outstandingly raise the income of rural poor families. Some Chinese rural families which heavily rely on social security of low security degree currently become poor or return to poverty due to illness or disasters, not enough toresist risks. Encouragement of rural poor families to purchase commercial insurances can guarantee accumulation of family assets. It is critical to realize the overall coverage of social security, to intensity propaganda of commercial insurance and to diversity insurance products, and to establish multiple-hierarchy insuring system for restraining returning to poverty of de-poverty families.
    GOVERNMENT AUDIT, MEDIA ATTENTION AND ENVIRONMENTAL GOVERNANCE
    CHEN Baodong, WANG Yingpeng
    2021, 23(5):  89-97.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.009
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    Ecological civilization construction as one key content of quality economic development increasingly draws public attention, the public has an urging demand for environment governance. This paper selects China's 2009-2017 provincial panel data as the sample to study the mechanism of and path to governmental audit and media attention on environmental governance. Governmental audit and media attention are positively related to environmental governance. Audit impacts more on case sum of amount. Governmental audit improves environmental governance more if media pay more attention thanks to the governmental “hard” supervision and media “soft” supervision, the both need to be boosted to fulfill a full coverage of environmental governance audit and media supervision. Aduit administration shall pay attention on and track media's reporting on environmental cases to timely find cluses for environmental audits. Governmental audit shall coordinate with media to form a complementary hard & soft supervision effect, mutually pushing environmental governance for a green China.
    FINANCIAL PRESSURE, INDUSTRIAL STRUCTURE ADJUSTMENT AND GREEN ECONOMIC EFFICIENCY
    CUI Xinlei, LI Meng, WANG Dandan
    2021, 23(5):  98-108.  DOI: 10.13776/j.cnki.resourcesindustries.20211014.011
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    This paper, based on 2004 to 2016 panel data of China's 282 prefectures, establishes a GMM model and spatial Durbin model to study the impacts and spatial overflowing effect of financial pressure and industrial structural adjustment on green economic efficiency from different areas, types and vicinities. Green economic efficiency is largely restrained by financial pressure, but boosted by appropriate industrial structure, and improved by financial pressure and upgraded industrial structure in the eastern and central China, but outstandingly restrained by upgraded industrial structure in the western China. Green economic efficiency is promoted by both industrial structuralrationalizations, also promoted by financial pressure and upgrading industrial structure in resource-based cities, otherwise in non-resource-based cities. Industrial structural rationalizing and upgrading industrial structure largely exert a spatial overflowing effect on green economic efficiency.