China Economic Quarterly 2018-2019（Volume 18）

Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies

The China Economic Quarterly 2018-2019（Volume 18）Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies goes to “Cost-Benefit Analysis of the Hukou Reform-Simulation Evidence from a Theoretical Labor Market Model,”, published in No.2 Volume 18, authored by  Yang Song from Renmin University.(download the paper)

Yang Song

Remarks from the Award Committee：

On the basis of some previous theoretical models of household registration system, Yang Song's research on the cost-benefit of household registration system reform constructs a labor market equilibrium model. The results show that if the household registration system is fully liberalized, a large number of migrant workers will enter the city. The optimal allocation of labor force will greatly increase GDP, the income of migrant workers will significantly increase, the income gap will be greatly reduced, and the reform cost and the increase of GDP can offset. Therefore, the reform cost should not become the restriction factor of household registration system reform. This paper comprehensively evaluates the economic and social development consequences brought about by the reform of the household registration system, and provides a new understanding of the impact of deepening the reform. At the same time, the labor market structural model of household registration system has been advanced a step forward by this work.

China Economic Quarterly 2018-2019（Volume 18）Dr. Werner Jackstädt Annual Best Paper Award Nominees:

1) Cost-Benefit Analysis of the Hukou Reform-Simulation Evidence from a Theoretical Labor Market Model, Yang Song, China Economic Quarterly, 2019, 18 (3), pp. 813-832；(download the paper)

2)Social Networking and Academic Performance within Classroom—An Experimental Study of Random Seating, Chunchao Wang, Aiping Xiao,China Economic Quarterly, 2019, 18 (3), pp. 1123-1152；(download the paper)

3) Price Index Divergence, Financial Frictions and “Deleveraging”, Zhenyang Xu, Ping Yan, Huabin Wu, China Economic Quarterly, 2019, 18 (4), pp. 1187-1208；(download the paper)

4)Does Regret Being a Common Psychology Mechanism for Disposition Effect and Repurchase Effect —”An Experimental Study, Jianbiao Li, Xiaofei Niu, Qian Cao, China Economic Quarterly, 2019, 18 (4), pp. 1465-1488；(download the paper)

5)A Quantitative Analysis on the Reform of Household Registration in Chinese Cities, China Economic Quarterly, Jipeng Zhang, Chong Lu, 2019, 18 (4), pp. 1509-1530；(download the paper)

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 8 editorial board members of China Economic Quarterly 。

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).