China Economic Quarterly 2012-2013(Volume 12) Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies
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The China Economic Quarterly 2012-2013(Volume 12)Dr. 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 .
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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.
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China Economic Quarterly 2012-2013(Volume 12)Dr. Werner Jackstädt Annual Best Paper Award Nominees(in random order):
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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 theEast-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). |