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This article mainly applied empirical and contrast research methods to explore the relationship between the moderate government expenditure scale and inclusive growth. And there is significant correlation between the two things in the Nordic countries(Denmark, Finland, Norway and Sweden (hereinafter referred to as the Nordic countries). That is to say, moderate government expenditure scale is the...
To address the shortage of supply of urban infrastructure, a large amount of private capital is required to participate in construction and operation of the urban infrastructure project. At present, the policy has allowed the private capital to participate in such project through project financing pattern (such as BOT, TOT and PPP, etc.). In order to attract more private capital to participate in...
Operating municipal infrastructure projects are a special operation model that the Government and the project investors achieve the operating infrastructure projects by signing infrastructure concession contracts. This paper is aimed at the feature of operating infrastructure projects to achieve the objective of maximizing the value of the projects, under the conditions the concession period and the...
The farmers' income level is a comprehensive reflection of the national economic development level. Since the reform and opening up, farmers' income level in China has changed substantially. In this paper, we introduce some new changes of farmers' income in China in recent years. Then we establish an econometric model to analyze four main factors that influence farmers' income in China and their influencing...
Based on the summary achievements in the research related to credit evaluation, in this paper, an evaluation on construction-agency on behalf of government is being put into practice, by taking into account the extensive application of construction-agent system and credit crisis problem in domestic market. In order to enable government evaluate construction-agencies' credit, a credit evaluation index...
In this paper IPOs of China's listed companies were studied. The extent of earning management was estimated with a cash flow-return model. By using hypothetical analysis, a multivariate regression model was obtained. Empirical analysis showed significant positive relation between earning management and IPO underpricing, and partial correlation coefficient analysis revealed that the relativity of offering...
For the government investment project, there is a long-term cooperation between the government principal and the agent enterprise. The incentive model of reputation effect of the agent enterprise was built to solve the long-term reward incentive of the agent enterprise under long-term game. The effort degree of the agent enterprise was analyzed with the influence of the reputation effect, and incentive...
Based on the summarization of the study of local fiscal risk, this paper considers that Local Fiscal Risk focus on the local government debt and correlate the local finance and economy nearly. By this point, it puts forward two layers' monitoring indicators which are local government debt indicator and combined indicator of local finance and economy, and set up two monitoring standard which are value...
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