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The relationship between economic output and social stock of steel is studied using dynamic material flow analysis (MFA) and statistical time series analysis for the period of 1949 to 2012 on Chinese national level. The results show that social stock of steel increases as the economy develops, and the speed of growth increases gradually. There is stable equilibrium relationship between economic output...
Capital stock is a key and indispensable variable in production analysis. However, there exist many problematic capital stock estimates in the previous studies due to the inappropriate capital stock concepts. This paper attempts to construct a series of capital stock for China's industrial sector with an appropriate concept. We discuss the statistical problems in detail and solve them with great caution...
Continuous investment injection needed for social development. However, the precious data show that acceleration of investment to economy is not always motionless, and sometimes even negative correlation happens. To find out the relationship between investment and social development, this paper based on the internal structure of investment studies the relation evolution between production and consumption...
This paper has established a three-sector endogenous growth model by the introduction of natural resources into production function and the trade opening into R&D function. Firstly, it demonstrates the economic growth rate of the balanced growth path through equilibrium analysis of the model. Secondly, it has a systematic discussion about the impact of each economic variable on the steady-state...
In order to solve the multi-attribute factors analysis problem of China Oil and Gas industry, a multifactor market model is used to estimate its expected stock returns. Results are presented to show that volatility of exchange rate and crude oil prices have large and significant impacts on China oil and gas industry stock returns. In particular, an increase in the market or oil price factor increases...
Global warming and its effects have aroused intensive attention in the world. For this reason, it becomes important to calculate the greenhouse gas emissions of a country. The manufacture of international trading goods requires a lot of fossil fuel, which inevitably leads to a great amount of CO2 emission. This aim of this study is to estimate the amount of energy and CO2 emission embodied in Chinese...
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