The Institute of Development Economics at Macau University of Science and Technology participated in the 2nd New Structural Economics South China Seminar
The Institute of Development Economics at Macau University of Science and Technology participated in the 2nd New Structural Economics South China Seminar
On October 13, 2024, the 2nd New Structural Economics South China Seminar and the Seminar on the Theory and Practice of New Structural Economics under the Centennial Changes were grandly held at Guangzhou University. The event was jointly organized by the Institute of New Structural Economics at Peking University and the School of Economics and Statistics at Guangzhou University.
Associate Professor Yu Song, Assistant Director of the Institute of Development Economics at Macau University of Science and Technology, Assistant Professor John Fan Zhang, Research Fellow at the Institute, together with PhD student Danwen Shi from the School of Business, and PhD student Zuxu Chen from the Institute for Sustainable Development, attended the conference. At the meeting, Professor John Fan Zhang presented a paper titled "The Culture Influence on Supply Chain Concentration: Evidence from China." The paper introduced cultural tightness and cultural distance as the main indicators for quantifying culture, revealing the mechanisms by which different cultures affect the structure of enterprise transactions. The results showed that enterprises with more conservative tightness tend to reduce supply chain concentration to diversify risks, and this effect is more pronounced for downstream enterprises. Enterprises with greater cultural distance, due to the difficulty in establishing cooperation, tend to increase supply chain concentration, and this effect is more pronounced for upstream enterprises. Additionally, the impact of culture on the service industry is greater than on non-service industries. The paper helps to deepen the understanding of the impact of culture on supply chain management and provides theoretical guidance for enterprise cooperation under different cultural backgrounds.
Doctoral student Danwen Shi presented a paper titled "Exploration of China's Industrial Structure Governance Based on ESG Performance." The paper constructed an ESG performance input system and compiled an ESG performance economic transmission network. The results indicated that an increase in ESG performance intensity has a driving effect on industrial economic output. Furthermore, ESG performance intensity also affects industrial associations; industries with low ESG performance intensity are more closely associated with upstream industries, while industries with high ESG performance intensity have stronger associations with downstream industries. In the transmission network, the flow is mainly from industries with high ESG performance intensity to those with low intensity. The study aims to provide a new perspective for ESG in the field of industrial structure governance to promote sustainable development of the industrial structure.
In the closed-door meeting, Associate Professor Yu Song and Assistant Professor John Fan Zhang also discussed with representatives from various universities the future participation of the research institute in the New Structural Economics Alliance, in order to strengthen exchanges and cooperation between domestic and international universities in the field of New Structural Economics.
Group photo of the Development Economics Research Institute's attendees at the conference.
