The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Foreign direct investment (FDI) inflow increases greatly since China's openness and whether FDI is conducive to promote China's technology advance via technology transfer still remains a controversial issue. The paper first uses a classical two-factor production function which divide the economy into domestic and foreign sector, then augments the model, taking into account the externalities by technology...
We have found in the early period of China's reform and opening up and economic transformation, corruption would promote economic growth. To a certain level of economic development, the negative effects of corruption in public investment dominate. This paper pointed out that the level of China's corruption in public investment has been close to turning point, corruption will not be conducive to economic...
The 21st century is marked with a new trend towards new technological innovation, cross-cultural communication, globalization of economy, economization of knowledge and internationalized economic and commercial rules, which presents new challenges to the economic and social development of China and her enterprises' participation in the domestic and foreign markets. Intellectual property economy has...
This paper develops and access the implications of the exogenous growth model of Stokey(1998) for the augment endogenous time preference and the effect of public finance on pollution. The model predicts that tax can change consumers' time preference, then it also affect pollution stock. The model implies that in the poor economy taxing on consumption will decrease the capital stock and may do harm...
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...
The paper employs the model of growth drag of resources during urbanization process with the neo-classic growth theory and relationship function between urbanization and economic growth, and takes Jiangxi province as an empirical case. The results show that the drags of water and land during urbanization process in Jiangxi province respectively are 0.006836528 and 0.129913984, and total drag reaches...
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...
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...
The disharmony between rapid development of science and technology and lower lag of management has been highlighted. The Chinese Government has officially announced that management should be considered as an important factor into distribution system. This paper concentrates on that the extent of management contributes in economic growth through the quantitative measuring method. Management has been...
The issue related to whether Chinese financial structure matter for its economic growth has been illustrated in recent year. This paper utilizes the World Bank dataset during the 1992-2007 periods and adopts the neoclassical growth model and nonparametric estimating approach to study China's financial structure and economic growth. The positive sign of the coefficient of financial structure variable...
In the context of global economic recession, China's exports show a sharp decline, so it's being highly concerned that how to expand domestic consumption demand and maintain steady economic growth. Among the influencing factors of consumption, how will the expansion of income inequality affect domestic consumption? What policies should be carried out to adjust present income inequality in order to...
Education contributes to economic growth through both direct effect and spill-out effect. This paper gauges the direct effect and spill-out effect of Jiangsu's education investment to its economic growth with Feder Model. It finds out that while education contributes highly to Jiangsu's growth, the spill-out effect is not evident, neither were the factors of capital and labor. It suggests that the...
The relationship between financial development and economic growth has long been a topic of intense interest and debate in economic literature. Prior related research documented that financial development accelerate the economic growth. This paper empirically examines the impacts of financial development and marketization process on firm's external financial constraints by investigating whether financial...
A simple new classical growth model is developed to analyze the relationship between economic growth and environmental pollution, which proves the existence of the sustained growth path. This model is then endogenized to study the interaction among environmental pollution, human capital and economic growth in the long run. The similar growth path is shown and potent influences of different variables...
The measures to science and technology progress have been considered all long, and various methods may cause different results. Based on the research of our predecessors, the article put forward Time Varying Parameter model, which settle the dilemma in the process of measuring. Using this model, the author makes empirical study to the correlation between science & technology and economic growth...
The method used here was the combination of time sequence data and section data, the static analysis and dynamic analysis. Added variation coefficient and the GDP growth rate were adopted. The correlation between regional income gap between residents in Jilin Province and the economic growth in Jilin Province was analyzed with regression Analysis method.
The relationship between informatization and economic development is very close. Informatization can promote rapid economic growth. Conversely, more economic development creates favorable conditions for the development of informatization. Over the past 10 years, Beijing's economy has shown a sustained and stable growth, which is related to the role of informatization and its support. In this paper,...
Based on the statistics from 1998 to 2005 released by Henan Statistical Bureau in China, this paper applies the compensative GM (1, N) model to simulate the relationship between technical input and economic growth. In this paper, the parameters of the system are obtained via the principle of least square method. In the numerical experiment, the model simulates the GDP values of Henan province from...
Using cross-section data relating to a sample of 12 Asian developing countries with relative higher FDI inflows from 1980-2005, we show that FDI by itself contributes to the economic growth. But the regression result of the inward FDI flows as a percentage of Gross Fixed Capital Formation, that is, the variable SHARE is not so robust related to the economic growth. Other factors also work in the economic...
Balance of current account has an important role in the economic growth of a country. Pakistan is among those countries who have been suffering from the problem of current account deficit and this problem has become chronic over many decades. This study has been aimed to investigate the factors that cause fluctuation in the current account balance. In this paper, we utilized cointegration and error...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.