Growth Mechanisms and Sustainable Development of the Chinese Economy: Comparison with Japanese Experiences

543 Pages·2022·12.426 MB·English

by  Xinxin Ma, Cheng Tang

Growth Mechanisms
and Sustainable
Development of the
Chinese Economy
Comparison with Japanese
Experiences
Edited by
Xinxin Ma · Cheng Tang
Growth Mechanisms and Sustainable Development
of the Chinese Economy
·
Xinxin Ma Cheng Tang
Editors
Growth Mechanisms
and Sustainable
Development
of the Chinese
Economy
Comparison with Japanese Experiences
Editors
Xinxin Ma Cheng Tang
Hosei University Faculty of Economics
Tokyo, Japan Chuo University
Tokyo, Japan
ISBN 978-981-19-3857-3 ISBN 978-981-19-3858-0 (eBook)
https://doi.org/10.1007/978-981-19-3858-0
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer
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Preface
The contents in the book are based on two research projects. The first is
the project titled “Comparison Research of Economic Growth and Devel-
opment between China and Japan,” undertaken by the Institution of
Economics Research, Chuo University. Certain authors who contributed
to this book are members of the research project. We have conducted
several workshops in Tokyo, Japan since 2019. We acknowledge all
participants and speakers at these workshops.
The second is a long-term international research project, which we
have been working on since 2013, and is based on several research
projects of the Japan Society for the Promotion of Science (JSPS). The
studies in the book were conducted with support from several research
grants offered to the editor (Xinxin Ma) as a project leader, such as
the Grant-in-Aid for Scientific Research (B) from JSPS (Grant number:
20H01520 from 2020 to 2022, “Economics Analysis on Social Security
Policies in China: Empirical Studies Based on Survey Data”); Grant-in-
Aid for Scientific Research (C) from JSPS (Grant numbers: 16K03611
from 2016 to 2018, “The Impact of Minimum Wage on the Wage Gaps
between Local Urban Residents and Migrants in China,” and 25380297
from 2013 to 2015, “The Research on the Wage Gaps between Public
Sector and Private Sector in China”). It was also supported by several
research grants offered to the editor (Xinxin Ma) as a project member,
such as Grant-in-Aid for International Joint Research Program from JSPS
(“Pension Reform in the PRC: Searching for a New Framework Based on
v
vi PREFACE
Japanese Experiences” from 2017 to 2019); and Grant-in-Aid for Scien-
tific Research (B) from JSPS (Grant number: 20H01489 from 2020 to
2024, “Comparison Study on Corporate Governance Systems Between
China and Eastern Europe”). We have held international workshops
and conferences in Japan (Kyoto, Tokyo) and China (Beijing, Zhejiang)
each year since 2015, and we would like to express our gratitude to all
participants for their useful suggestions and comments on these studies.
We particularly acknowledge all contributors to this book for their hard
work, efforts, and cooperation. The contributors in this book are excellent
scholars in their respective research fields in Japan or China. We are proud
of their participation in the research projects. They are our supervisors,
colleagues, co-researchers, and friends. Their assistance, lessons, encour-
agement, and warm friendship helped and promoted the publishing of
this book.
Finally, we wish to thank Jacob Merge, Anusha Srinivasan, Jayalak-
shmi Raju, and the staff at Palgrave Macmillan for their interest in our
research, and for their encouragement and extensive editing in publishing
our research.
Tokyo, Japan Xinxin Ma
August 4, 2022 Cheng Tang
Contents
1 Introduction 1
Xinxin Ma and Cheng Tang
Part I Mechanisms of Economic Growth and
Development
2 Chinese and Japanese Development Process
Compared: Economic and Politico-Economic
Perspectives 23
Katsuji Nakagane
3 Trade, FDI, and Economic Growth 67
Hideo Ohashi
4 Digital China: Policy Initiatives, Progress,
and Challenges 97
Asei Ito
5 Agricultural Development in China: Comparison
with Japanese Experience 125
Hisatoshi Hoken
6 Financial Development Post-World War II in Japan:
Insights for China 153
Jiro Obata, Hui Feng, and Cheng Tang
vii
viii CONTENTS
7 Human Capital Agglomeration Effect and Regional
Disparity in China 185
Zhiwei Cen, Yoshimasa Aoki, and Junko Doi
8 Environmental Policies and Water Resource
Management 227
Nanae Yamada
9 Dual Economic Structure, Surplus Labour
and Rural-Urban Migration 249
Xinxin Ma and Ryoshin Minami
Part II Mechanisms of Behaviors of Corporates,
Households and Individuals
10 Household Consumption and Manufactural
Industrial Upgrading 281
Dongyang Zhang, Xinxin Ma, Jun Zhang,
and Quheng Deng
11 Enterprise Ownership Reform and Wage Gaps
Between Public and Private Sectors 305
Xinxin Ma and Shi Li
12 Communist Party of China Membership and Wage
Gaps Between Party Members and Non-members 339
Xinxin Ma
13 Trends of Labor Union Effect on Wage 369
Tsukasa Matsuura and Tianyao Jiang
14 Employment Equality Policy and Gender Gap
in Labor Market 399
Masahiro Abe, Xinxin Ma, and Yalan Li
15 Public Pension Policy Reform and Labor Force
Participation 429
Xinxin Ma and Atsushi Seike
16 Bequest Motives and Saving Rate of Elderly
Households 455
Cheng Tang and Cheng Zhang
CONTENTS ix
17 Income Inequality and Subjective Well-Being 485
Xinxin Ma and Sho Komatsu
Index 517
Notes on Contributors
Dr. Abe Masahiro is a professor at the Faculty of Economics, Chuo
University. His research expertise is in economic growth and employment
in Japan. His work has been published in Industrial Relations, Japanese
Journal of Labor Research, Economic Research, Economic Analysis, and
Japan Labor Review. He is the author of Environmental Changes in the
Japanese Economy and Labor Market (Toyokeizaixinben Press, 2005).
Dr. Aoki Yoshimasais a professor at the Faculty of Economics,
Ritsumeikan University. His research areas are Economic growth, ethnic
conflict, and political economy. His articles have appeared in the Quar-
terly Review of Economics and Finance.
Dr. Cen Zhiwei is a professor at the Faculty of Economics, Kyoto Sangyo
University. His current research project focuses on economic growth and
the world economic cycle. His major is macroeconomics and applied
econometrics. His recent papers are “A new perspective on economic
history in interpreting the Belt and Road: the world economic cycle
theory” (Japanese) in “One Belt and One Road” China’s Co-prosperity
Initiative to Understand from a Multidimensional Perspective, Zhiwei Cen
and Togo Kazuhiko (editors) (Koyo Shobo, 2021) and, “Effects of the
Size of a Country on Its Economic Performance” in Tadokoro et al.
(Eds.) Emerging Risks in a World of Heterogeneity (Springer Nature,
2018).
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