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Call for Paper: New Structural Economics Working Paper Series

   New Structural Economics (NSE) proposes to use the neoclassical economic approach to study the determinants of economic structure, including technology, industry, infrastructure and institution, and its evolution in the process of economic development. NSE underscores that the starting point for a dynamic analysis of an economy’s structure lies in its endowments (the total budget) and endowments structure (factors’ relative price that is endogenously determined), which are given at any specific time and changeable over time. This theory should have been called Structural Economics according to the nomenclature in modern economics, yet it is instead termed “New Structural Economics” for the sake of distinguishing it from the first-generation development economics – “Structuralism”.

The term “New Structural Economics” was first proposed by Professor Justin Yifu Lin, who has been championing its use. Lin reflects on the post-WWII theoretical developments of the development economics as a branch of modern economics and the developing countries’ experiences in development and transition. According to Lin, the “structuralism”, or the first version of development economics, advocates the construction of an industrial structure identical to that of developed countries and stresses the role of government while downplaying that of market; the “neoliberalism”, or the second version of development economics, advocates the utilization of institutional arrangements of market identical to those in developed countries and underlines the importance of market while downplaying the role of government. Lin went on to propound the “new structural economics” as the third version of development economics, arguing that economic development is an evolutionary process involving industries, technologies, infrastructure and institutional mechanism, in which a “facilitating government” is also indispensable in addition to an “efficientmarket”.  “New Structural Economics” is making increasingly important influence among young scholars in China and worldwide.

“New Structural Economics Working Paper Series” is established by Center for New Structural Economics at Peking University. It aims at encouraging young scholars and researchers in China and worldwide to apply theoretical frameworks, empirical application, and methodology of New Structural Economics into empirically-grounded studies on a wide range of topics including but not limited to structural changes, industrial upgrading, technological catch-up, labor markets, financial development, economic transition, international trade and finance, regional and international development et al.

The topics may be in (but not limited to) the following areas:

Principles of New Structural Economics

New Structural Industrial Economics

New Structural Financial Economics

New Structural Labor Economics

New Structural Regional Economics

New Structural International Economics

New Structural Macroeconomic Economics

New Structural Institutional Economics

New Structural Transition Economics

New Structural International Development

New structural Resources and Environment Economics

For paper format, please refer to the published papers on the American Economic Review. We recommend using Microsoft Word 2003 or older versions to edit on A4 size pages.Please email your paper with the email subject “NSE working paper series”.

All submitted working papers will be reviewed by the Academic Review Committee of Center for New Structural Economics at Peking University (The Center). The selected working papers will be placed on the official website of the center (under “New Structural Economics Working Paper Series”) in time. Also, the authors of excellent papers will have the chance of being invited to participate in the annual seminars as well as symposiums on New Structural Economics and make speeches.

Selected high-quality working papers may be considered for publication by the Center (with the consent of the author). The center dedicates itself to be the highest platform of the selection and publication of top-level research achievements related to New Structural Economics.