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Policy Advice
David Daokui Li: CPPCC Proposal on Promoting the Establishment of a Unified National Carbon Emissions Market
On March 5, 2022, David Daokui Li submitted the following Proposal on Promoting the Establishment of a Unified National Carbon Emissions Market to the CPPCC. Professor Li is the Director of the Academic Center for Chinese Economic Practice and Thinking (ACCEPT) and a nonpartisan member of the CPPCC National Committee.David Daokui Li -
Academic Papers
Impact of vaccination on the COVID-19 pandemic in U.S. states
Governments worldwide are implementing mass vaccination programs in an effort to end the novel coronavirus (COVID-19) pandemic. Here, we evaluated the effectiveness of the COVID-19 vaccination program in its early stage and predicted the path to herd immunity in the U.S.Xiao CHEN, Hanwei HUANG, Jiandong JU, Ruoyan SUN, Jialiang ZHANG -
Reports
ACCEPT Report: GDP Growth Between 4.9 and 5.8 Percent Expected for 2022
The “China Macroeconomic Analysis and Forecast Report (2022)” suggests that the Chinese economy as a whole has shown signs of post-pandemic recovery in 2021, but nevertheless, China's economic growth rate has demonstrated an obvious downward trend. Looking ahead to 2022, the ACCEPT team believes that although the downward pressure on the economy has increased, if the pandemic is properly prevented and controlled and various policies are adjusted in place, China's economy is still expecteACCEPT Macro Forecasting Group -
Opinions
David Daokui Li: Common Prosperity Requires a Holistic Approach
David Daokui Li reflects on the necessary components of an effective strategy for achieving common prosperity.China News Service
News
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No. 44 | Opportunities and Challenges for 2023-2027
ACCEPT 2023-01-10 -
Tsinghua professor says growth needs to be priority to offset external headwinds
CGTN 2022-05-16 -
David Daokui Li: To address deep-rooted economic problems, we must effectively manage the government-market relationship
David Daokui Li 2022-03-21 -
David Daokui Li: Carbon tax can help China's emissions reduction
CGTN 2022-03-14
Government and Economics
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New structural economics: A framework of studying government and economics
AbstractNew structural economics is a new framework for rethinking economic development following structuralism and neoliberalism after World War II. This framework uses a neoclassical approach to study the determinants of economic structure and its evolution in a countrys economic development (Lin, 2011). We argue that a countrys economic structure is endogenous to its factor endowments, and that the key for developmental success is to have a facilitating government to help entrepreneurs overcoJustin Yifu Lin -
Migration and redistribution: Why the federal governance of an economic union does matter
Federal governance matters. Policy coordination allows the economic union to exercise monopsony power over migrants. Therefore the migration volumes under the policycompetition regime exceed those under the policy-coordination regime. With loose federal governance, competition over low-skilled migrants, who come with no capital, induces the individual member state to raise the provision of social benefit, so as to attract more migrants when starting from the coordination equilibrium. As a resultAssaf Razin, Efraim Sadka -
Government and economics: An emerging field of study
In this paper, we discuss the field of government and economics, an emerging body of work that aims to better understand government's role, incentives and behavior in a modern market economy, as well as how government actions shape the economy's performance.David Daokui Li, Eric S. Maskin -
Zheng Zhijie: Respect the market and improve the role of government
Excerpts from Zheng Zhijie's presentation at “Collapse and Rebirth” – IFENG Finance 9thSummit, translated by ACCEPTIn his remarks at the IFENG Finance 9thSummit, Zheng Zhijie, Former President of the China Development Bank, pointed out that the 14thFive-Year Plan period is a critical time for China to overcome the middle-income trap. To make full use of this decisive time, the first priority is to comprehensively deepen reforms to promote better integration of effective markets and capable goverExcerpts from Zheng Zhijie's presentation at “Collapse and Rebirth” – IFENG Finance 9th Summit, translated by ACCEPT -
Public Health, Elementary Education and Infrastructure Constitutes the Foundation of Future Economic Development
In the early years of the People's Republic of China, war, famine and infectious diseases made it difficult to ensure the basic health level of the people. In 1949, the average life expectancy in China was only 35 years, and the infant mortality rate was as high as 200‰1. Faced with such rigorous challenges and the lack of medical resources, China urgently needed to build a public health system to solve the most basic medical problems of the people.excerpted from Economic Lessons from 70 Years of China's Development
The Journal of Government and Economics is focused on publishing high caliber, original research papers in the field of government and economics. This journal aims to provide a platform for the exchange of insights on the relationship between the government and the market, create space for the development of the emerging field of government and economics, and foster a better understanding of the government's role in the market economy, as well as the government's incentives and behaviors. JGE is an international publication and the official publication of SAGE. It is also an open access (OA) and rapidly publishing (ABP) journal.
The Society for the Analysis of Government and Economics, SAGE, aims to promote academic research in the subject of government and economics, including topics such as the incentives, behavior, and role of the government in an economy. The Society is a disinterested, academic organization avoiding political, social, commercial, or nationalistic bias. The inaugural co-presidents of SAGE are 2007 Nobel Laureate Harvard Professor Eric S. Maskin and Professor David Daokui Li of Tsinghua University. The Society has an open international membership from countries such as the United States, Europe, China, and other developing countries. Main activities of the Society include organizing academic conferences and publishing an academic journal.
For more information, please visit http://en.sage-econ.org/