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China Economic Quarterly Best Paper Award (2008-2009)

2010-05-30

China Economic Quarterly 2008-2009Volume 8

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

 

 

The China Economic Quarterly 2008-2009��Volume 8��Dr. Werner Jackstädt Best Paper Award for Chinese Economic and Business Studies goes to Income, Consumption and Saving Behavior of Chinese Urban Households: A Cohort Analysis,published in Volume 8, No. 4, co-authored by Shaojie Zhou(School of Public Policy and Management, Tsinghua University), Junsen Zhang( Department of Economics, the Chinese University of Hong Kong), and Hongbin Li (School of Economics and Management, Tsinghua University).

 

 

 

 

Shaojie Zhou

Junsen Zhang

Hongbin Li

 

Remarks from the Award Committee:

 

This paper uses the Chinese Urban Household Survey data to conduct a cohort analysis on household saving behavior. It finds the uniqueness of saving behavior of Chinese urban residents and explains its pattern from two aspects. First, household consumption growth is less than household income. Second, the high saving propensity of young cohorts and their increasing proportion in each year's sample also contribute to the increasing saving rate over years. The paper meets the high standards of applied research as well as contributing to the understanding of household savings in China.

 

 

China Economic Quarterly 2008-2009��Volume 8��Dr. Werner Jackstädt Annual Best Paper Award Nominees(in random order):

 

Jikun Huang��Huanguang Qiu��Michiel Keyzer��Erika Meng�� Wim van VeenImpacts of Bioethanol Development on China's Regional Agricultural Development( Issue 2, Volume 8)

Kunwang Li, Xiaosong Wang, The Determining Factors of U.S. Trade Policy toward China: A Political Economy Analysis Illustrated by the PNTR Bill ( Issue 2, Volume 8)

Shaojie Zhou, Junsen Zhang, Hongbin Li, Income, Consumption and Saving Behavior of Chinese Urban Households: A Cohort Analysis, ( Issue 4, Volume 8)

 

 

Introduction to the China Economic Quarterly Dr. Werner JackstädtBest 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 JackstädtBest Paper Award for Chinese Economic and Business Studies, and the prize is set to RMB 20,000 yuan.

The winner is decided by majority votes on the nominated papers from the award committee, which is comprised of the three editors of China Economic Quarterly and Prof. Dr. Carsten Herrmann-Pillath from the East-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).