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Li Haifeng

Affiliate Master Yamaguchi University

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This paper empirically examines the impacts of household debt and leverage ratio, measured by the ratio of aggregate household debt to GDP, on consumption using provincial-level macro-data in China. Results show that household indebtedness has a positive and significant effect on consumption expenditure and this remains true for both household debt and leverage ratio, as well as long-term and short-term debts and leverage ratios, and the encouraging effects are heterogeneous across regions. When the debt-to-GDP ratio is below 100%, the consumption experiences faster growth than that when the debt-to-GDP ratio exceeds 100%. In addition, residents’ saving, per capita disposal income and the public expenditure on education, social security, as well as medical and health services are found to have significant positive effects on consumption, while CPI and child dependency ratio have depressive effects.
Creators : Wei Zhang Li Haifeng Publishers : The Economic Society of Yamaguchi University
As income levels increase, numerous households will consider investing in risky assets. Credit availability, especially for high-income households, is playing an increasingly important role in enhancing households holdings of risky assets (HHRA). The purpose of this study is to investigate the impact of credit availability on HHRA. In this study, the data from the China Household Finance Survey in 2017 is utilized, and the approach of logit regression is employed to produce more accurate estimates. Meanwhile, this study also explores the heterogeneous roles of household income. The results show that the impact of credit availability on HHRA varies by household income. As household income increases from low to high, the effect of credit availability on HHRA transfers from negative to positive. Besides, the results also suggest that for high-income households, credit availability moderated with the attention to financial and economic information positively contributes to HHRA. Thus, it implies that policymakers and financial institutions are encouraged to expand access for households to invest in risky assets, enhance households’ availability of credit, and build more financing channels.
Creators : Chen Fuzhong Lu Xiuli Li Haifeng Publishers : The Economic Society of Yamaguchi University
The establishment of the environmental protection law reflects the Chinese government's determination to achieve ecological civilization. Since January 1, 2015, when the revised Environmental Protection Law of the People's Republic of China came into effect, environmental public interest litigation in China has been rapidly growing. In the implementation of environmental law, environmental public interest litigation plays an irreplaceable role. The mechanism of environmental public interest litigation will ideally enhance the effectiveness and prevention of environmental protection and become a major contributor to public awareness of environmental protection. Despite the fact that environmental public interest litigation in China has made great progress, there are still many shortcomings and defects. One of the major difficulties facing environmental public interest litigation in China is the lack of standing of plaintiffs in environmental public interest litigation. This paper will explore the necessity of plaintiff status for environmental public interest litigation in China's grassroots self-governance organizations based on the situation of environmental pollution in rural China, using village committees as an example.
Creators : Yu Guizhong Yang Qingqing Li Haifeng Publishers : The Economic Society of Yamaguchi University
東亞経濟研究 Volume 78 Issue 1-2 pp. 1 - 31
published_at 2019-01-31
Creators : Chen Fuzhong Tong Jiachen Li Haifeng Nelson Wani Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 76 Issue 1-2 pp. 27 - 38
published_at 2018-01-31
Creators : Wang Xiaowei Li Haifeng Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 76 Issue 1-2 pp. 1 - 25
published_at 2018-01-31
Creators : Chen Fuzhong Li Haifeng Lu Jingxin Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 75 Issue 1-2 pp. 25 - 36
published_at 2017-01-31
Creators : Sun Feng Yan Zehua Li Haifeng Publishers : 山口大学東亜経済学会
山口経済学雑誌 Volume 66 Issue 1-2 pp. 59 - 78
published_at 2017-07-31
Creators : Sun Feng Wang Sha Li Haifeng Publishers : 山口大學經濟學會 | 山口大学経済学会
山口経済学雑誌 Volume 65 Issue 5 pp. 291 - 301
published_at 2017-01-31
Creators : Sun Feng Zhang Haoling Li Haifeng Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 64 Issue 6 pp. 55 - 89
published_at 2016-03-31
Creators : Bai Jinlong Li Haifeng Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 64 Issue 5 pp. 63 - 73
published_at 2016-03-31
Creators : Sun Feng Li Haifeng Publishers : 山口大學經濟學會
Journal of East Asian studies Volume 14 pp. 229 - 238
published_at 2016-03
Creators : Sun Feng Li Haifeng Publishers : 山口大学大学院東アジア研究科
山口経済学雑誌 Volume 64 Issue 1 pp. 63 - 81
published_at 2015-05-31
Creators : Zhang Zhiyu Li Haifeng Kitamura Koichi Chang Fengxia Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 63 Issue 6 pp. 583 - 604
published_at 2015-03-31
Creators : Li Haifeng Bai Jinlong Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 63 Issue 5 pp. 237 - 257
published_at 2015-03-31
Creators : Li Haifeng Ye Yumin Li Weike Saito Tadashi Publishers : 山口大學經濟學會
東亞経濟研究 Volume 71 Issue 2 pp. 195 - 206
published_at 2013-01-31
Creators : Ge Shugi Xian Guoming Li Haifeng Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 71 Issue 2 pp. 179 - 194
published_at 2013-01-31
Creators : Zhang Zhiyu Li Haifeng Chang Fengxia Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 71 Issue 2 pp. 101 - 102
published_at 2013-01-31
Creators : 李 海峰 Publishers : 山口大学東亜経済学会
山口経済学雑誌 Volume 62 Issue 5-6 pp. 103 - 120
published_at 2014-03-31
Creators : Ye Yumin Li Haifeng Li Weike Publishers : 山口大學經濟學會
Journal of East Asian studies Volume 12 pp. 83 - 92
published_at 2014-03
Creators : Ye Yumin Li Haifeng Li Weike Publishers : 山口大学大学院東アジア研究科
山口経済学雑誌 Volume 59 Issue 5 pp. 507 - 548
published_at 2011-01-31
Creators : Fujiwara Sadao Kometani Masayuki Li Haifeng Zhang Wensheng Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 59 Issue 4 pp. 343 - 356
published_at 2010-11-30
Creators : Sun Feng Li Haifeng Publishers : 山口大學經濟學會
東亞経濟研究 Volume 68 Issue 2 pp. 79 - 89
published_at 2010-01-31
Creators : Sun Feng Li Haifeng Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 68 Issue 1 pp. 15 - 20
published_at 2009-07-31
Creators : Li Haifeng He Xiaoqun Publishers : 山口大学東亜経済学会
東亞経濟研究 Volume 69 Issue 1 pp. 315 - 330
published_at 2010-08-31
Creators : Kometani Masayuki Li Haifeng Xiao Jingjian Publishers : 山口大学東亜経済学会
山口経済学雑誌 Volume 58 Issue 6 pp. 69 - 99
published_at 2010-03-31
Creators : Yang Qin Li Haifeng Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 58 Issue 5 pp. 125 - 133
published_at 2010-03-31
Creators : Yu Guizhong Li Haifeng Publishers : 山口大學經濟學會
東亞経濟研究 Volume 67 Issue 1 pp. 51 - 57
published_at 2008-07-31
Creators : He Xiaoqun Li Haifeng Publishers : 山口大学東亜経済学会
山口経済学雑誌 Volume 56 Issue 6 pp. 877 - 899
published_at 2008-03
Creators : Li Haifeng Publishers : 山口大學經濟學會
山口経済学雑誌 Volume 53 Issue 6 pp. 999 - 1019
published_at 2005-01-31
Creators : LI Hai-Feng Publishers : 山口大學經濟學會
東亜経済研究 Volume 65 Issue 2 pp. 135 - 149
published_at 2007-01
Creators : Lan Ping Li Haifeng Sun Jun Publishers : 山口大学東亜経済学会
東亜経済研究 Volume 61 Issue 2 pp. 113 - 136
published_at 2002-07
Creators : 李 海峰 Publishers : 東亞經濟研究會