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Rural regional development disparity has become a major development issue in China. As non-farm income is the main source of farm income and the key to solve regional disparity, our research focuses on farmers' non-farm income. While most existing research focused on micro factors that influence regional development disparity, our research explored macro factors, especially trade openness on non-farm...
In order to research the relationship between managerial ownership and earnings quality in China, the article researches the financial data of Chinese listed firms by using the abnormal accrual model and adjusted Jones model, we find that managerial ownership influences earnings quality by firm's accounting choices. The empirical research shows that the distribution between of managerial ownership...
In order to better carry out the research of forest carbon sinks and serve the forest management, as well as to promote the economic development of carbon sinks, this paper has established the regression model of forest carbon sinks accounting, using forest stock conversion method, and has analyzed the characteristics of this model based on the collected data of forest stock, forest mortality and...
This paper constructs a DSGE model to investigate the influences of oil price shocks on China's economy. Parameter estimation indicates that China's money supply mechanism does not target oil price shock, but makes a significant pro-cyclical response to output and a counter-cyclical reaction to inflation. It also shows that the persistence and volatility of oil price shocks are much stronger than...
In recent years, with the rapid development of small and medium-sized enterprises in China, the partial enterprises have been constructed to be the new power to promote the domestic economic growth. However, due to the particularity of organization structures, corporate standards and business risks, the participation of VC and PE institutions is very important for the development of enterprises. This...
Higher education has long been recognised in various parts of the world. This paper is to determine the characteristic of mass higher education in the world. Based on the comparative perspectives, it analyzed 42 mass higher education countries in 2006 by the test of regression model's hypothesizes, significance of regression relationship and the goodness of fit, then made comparsion with China. It...
At present, because of different environment among cities, enhance liquidity of the labor force between different cities. At the same times, housing price is the main expense of resident flowing between cities, which stands for the willingness to pay for the urban environment. Through the demonstration of 35 major cities in this research, it shows that the urban environment dominates the urban housing...
This paper presents the empirical analysis and research on the regional difference of urban residents' consumption structure in china based on generalized main composition and clustering analysis. First introduces 8 resident's urban consumptive indices from 31 provinces and cities to the log ratio analysis which is one of the generalized main compositions in order to bring out a comprehensive index...
With the economic development, the logistics industry has been considered as one of the important of industries. Based on extension of input-output table in Zhejiang Province, using association analysis of the logistics industry, the development of logistics industry in Zhejiang conducted an empirical study, identified the position of the logistics industry in Zhejiang Province of national economic...
In order to study the nonlinear characteristic of China's money demand function, this paper adopted STAR (smooth transition auto regression) model to make the empirical test. The result indicated that China's money demand function had significant nonlinear characteristics and the transition variable was one lag of real national income, rather than the inflation rate, the conversion rate was significant,...
This paper develops an econometric model to examine the casual relationship between internal and external imbalances using yearly data for China, Japan and United States ranges from1970 to 2008. Johansen Cointegration test reveals the presence of long-run equilibrium relationship among variables. The Granger non-causality test based on vector error correction model (VECM) indicates that: 1) the Japanese...
As information technology advances, the emerging fourth party logistics (4PL) has become a new kind of logistics operation model to help companies reduce operating costs in recent years. Based on evolutionary game theory, this paper analyzed the stability of fourth party logistics of small and medium enterprises in China, aiming at promoting small and medium enterprises to achieve a smooth and effective...
An empirical analysis is employed to study endogeneity bias on estimations of return to education in China by the database of “Synthesis Investigation of Living Status for Residents in Urban and Rural Regions (2005)” in CGSS, the followed results are approved: there exists a remarkable endogeneity bias on estimation of return to education in China, the same questions also have been discovered in estimating...
This paper develops a new analytical framework account for the determinants of employment shares between industries in China. Empirical evidence shows that the first industry has the lowest TFP growth rate; the third industry is the second. The labor force would flow into the sector with lower growth rate of TFP if the price elasticity of demand is low. The employment share in the first industry would...
This paper focuses on the empirical research about how different factor-intensive services trade promoted China's economic growth. Our results show that three kind factor-intensive services trade play different roles on China's per capita production. The knowledge-intensive services trade contributed more to the economic growth than the labor-intensive and the capital-intensive services trade. We...
The least square method is used to empirical analyzes the tourism foreign exchange receipt in 2007 in this paper for 31 provinces and cities in China. The paper finds that volume of import and export and foreign tourist arrivals of the provinces affect tourism foreign exchange significantly.
Low efficiency and waste are the main problems in the process of coal resources extraction in China. Taking the utilization and recovery rate into account, the article has analyzed the factors influencing the utilization and recovery rate and given some suggestions to improve it by setting up a dynamic optimal model. The analysis result indicates that: (i)the policy based on reserves to impose the...
In this paper, we construct an open-economy dynamic stochastic general equilibrium (DSGE) model to study the impact of the technology shocks on monetary policy in China. We find technology shocks have a more significant and direct impact on both monetary policy transmission channels and targets in China. It is necessary to pay close attention to technology shocks in making monetary policy and respond...
This paper empirically investigates the impact of technology transfer which consists of imports of technology and purchase of domestic technology on total factor productivity for a cross sectional sample of large and medium-sized industrial enterprises by 30 major provinces or regions in China. The possible determinants of total factor productivity are sought with special focus on technology transfer...
Based on the statistical data released by Henan Statistical Bureau in China, over the period 2000-2008, this paper empirically investigates the relationship between economic growth and industry structure including primary industry, secondary industry, and tertiary industry using the compensative GM (1, N) model in the grey theory. This paper applies the Principle of Least Square Method to estimate...
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