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Brief

Management World is supervised by Development Research Center of The State Council, and sponsored by Development Research Center of The State Council. It aims to reflect the multi-field and multi-disciplinary research on China’s economic and social management issues, and to provide services for China’s economic reform and development. Its scope covers fiscal and financial research, rural economics, macroeconomic management, public management, business management, industrial and regional development. The journal, included in CSSCI and JST, has been in the top list in the field of economic management for many years, and achieved a very high reputation from readers all over the world.
Editorial Board

Editor-in-Chief
Li Kemu

Deputy Editor-in-Chief
Tian Yuan,He Shaohua, Lu Jian, Jiang Dongsheng

Editorial Board
Ma Xiaogang, Qiao Renyi, Li Jiping, Li Menggang, Li Peiyu, Zhang Xinmmin, Shen Bainian, Chen Dongsheng, Cheng Quansheng, Zhao Jie,Tuo Zhen

Factor endowment and industrial upgrading of China’s manufacturing industry: an analysis based on WIOD and China Industry Business Performance Database

SU Hang;ZHENG Lei;MU Yifei

Management World,2017,No. 04

The effect of the accumulation of physical capital on China’s urban-rural income gap: based on the capital-skill complementarity

MA Hongqi;HUANG Guitian;WANG Ren

Management World,2017,No. 04

Since the mid-late 1990s, the enhancement of the physical capital’s reliance on labor skill has been a significant characteristic in China’s economy transition. From the perspective of capital-skill complementarity, this paper revealed the internal mechanism of the effect generated from the physical capital on urban-rural income gap. Using the panel data of China’s 29 provincial-level regions during 1999–2011, this paper conducted an empirical research. The research results are as follows. First, the capital distribution shows a relatively strong feature of capital-skill complementarity in economic transition. As there is a relatively huge gap in labor skill between Chinese urban and rural areas, the physical capital enlarges the urban-rural income gap through the current skill distribution between urban and rural areas. Second, results showed that under the influence of capital-skill complementarity, the accumulation of physical capital strengthens the mobility of skill-based labor and weakens that of non-skill-based labor. The difference of skill mobility also further increases the difference of current skill distribution between urban and rural areas, which indirectly enlarges the urban-rural income gap. Third, the research results also suggested that the accumulation of physical capital can generate a relatively strong “education incentive” effect on individuals and public departments. The incentive effect also has a great difference between urban and rural areas. Over the long term, this difference also increases the skill distribution between urban and rural areas, which at last enlarges the urban-rural income gap. It mainly manifests in the following aspects. Firstly, limited by the initial wealth, there is an obvious difference of the incentive effect generated from the accumulation of physical capital on individual education investment between urban and rural areas. Secondly, under the education incentive effect generated from the accumulation of physical capital, there is still a tendency that the education investment from public departments favors urban areas. Although the incentive effect of physical capital on basic education in rural areas is stronger than in urban areas, which has the potential to narrow down the urban-rural gap, it is still not strong enough to reverse the effect of the original city-oriented investment behavior on the enlarging urban-rural income gap.

How does start-up enterprises achieve business model content innovation? - based on the cross-case study of “network-learning” dual mechanism

YUN Lexin;YANG Jun;ZHANG Yuli

Management World,2017,No. 04

Language difference and the development of market institution

RUAN Jianqing;WANG Ling

Management World,2017,No. 04

Rural migrant workers and China’s high saving rate puzzle: an analysis based on search-matching model

FENG Ming

Management World,2017,No. 04

Chinese enterprises’ organizational legitimacy dilemma in cross-border mergers and acquisitions: internal, external, or internal + external?

CHENG Cong;XIE Hongming;CHI Renyong

Management World,2017,No. 04