Supply-Side Structural Reforms and China's Potential Economic Growth Rate

This paper examines the effect of supply-side structural reforms on China＇s potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with the implementation of supply-side structural reforms, China＇s potential economic growth rate will reach an average of 6.5% and 5.8% respectively in the 13th Five-year Plan （2016-2020） and 14th Five-year Plan （2021-2025） periods. These rates are 0.2 and 0.3 percentage points higher, respectively, than that under the baseline scenario with the inertia of historic trends. In implementing supply-side structural reforms, China must transform governmental functions, break monopolies, create a comprehensive competitive market environment, foster the creation of pro-innovation mechanisms, refocus on quality and efficiency, and raise capital utilization and labor productivity.

Beyond Equations:The Challenge of Mathematical Rigor in Economics

The mathematical approach is threatening the progress of economics,as it tends to disregard the complexity of economic behaviour and the unpredictability of human actions.——Friedrich Hayek The reliance on mathematical models in economics has long been debated,with critics arguing that this approach fails to capture the complexity of human behavior and the unpredictability of economic systems.While mathematics provides a structured method for analyzing economic processes,it often simplifies decision-making to a one-dimensional utility function,neglecting social,psychological,and political influences.This paper examines the limitations of classical and neoclassical economic theories that heavily depend on mathematical rigor,highlighting the pitfalls of models like the Rational Agent Model,General Equilibrium Theory,and Expected Utility Theory.Drawing on examples such as the 2008 financial crisis and the Terra/Luna cryptocurrency collapse,the paper demonstrates how over-reliance on equations has led to inaccurate predictions and ineffective policy decisions.It calls for a more interdisciplinary approach that integrates insights from psychology and sociology to address the gaps left by traditional mathematical economics.

China＇s Economic Slowdown under Supply-Side Perspective

This paper creates an analytical framework for ongoing China＇s economic slowdown and reveals the major.factors affecting potential growth rate. First, proceeding from the factors that led to a decline in China ＇s potential growth rate, this paper demonstrates that the slowdown since 2012 is not caused by demand-side shock.s＇ but is a natural result of the demographic transition and the change of economic development stage that stemmed from supply-side factors. It is therefore suggested that the demand- side perspective for cyclical analysis must be abandoned and the supply-side perspective for growth analysis ought to be followed Secondly, this paper argues that it is theoretically unjounded and empirically unconvincing for existing literature based on the growth perspective to simply apply the statistical pattern of ＂regression towards the mean＂ to forecast China ＇s growth outlook and thus arrive at pessimistic conclusions. On this basis, this paper identifies a host of initiatives that can significantly increase potential growth rates and proposes policy recommendations for deriving reform dividends foom supply-side structural reform.

Critical Analysis of Increasingly Mathematical Economics in the Modern Society

This paper critically examines the escalating trend of mathematization in economics,highlighting its implications and controversies in contemporary economic research.While the application of sophisticated mathematical models and statistical techniques has enhanced the precision,rigor,and status of economics within academia and practical application,concerns arise regarding the potential oversimplification and detachment from real-world complexities.The adoption of mathematical tools has arguably led to a focus on theoretically tractable problems at the expense of those more relevant to practical economic and social issues.This paper explores both the benefits and limitations of this trend,discussing how the reliance on quantitative methods affects the innovation,comprehensibility,and application of economic theories.We argue for a balanced approach that fosters innovation by integrating qualitative insights and embracing interdisciplinary methods to ensure economics remains both rigorous and relevant to societal needs.

Setting the Structural Reform of Supply-Side as the Focus and Shifting the Economic Development Model

To focus on SRSS during the 13th Five-Year Plan period(2016-2020) is a necessary response to the changes of the international economic environment and to China's goal of achieving the new normal in economic development. The main reason why the focus shifts from changing EDM to reforming the supply-side structure lies in the fact that structural reform boosts the transformation of EDM, and only by accomplishing the former will the latter be realized. Today SRSS is faced with challenges like different ideologies, insufficient conditions and backward regulations. It should be led by the Five Major Development Concepts proposed by President Xi Jinping, "Innovation, coordination, greenness, openness and sharing," and the "supply-side" and "demand-side" must be simultaneously propelled.

The Intersection of Privacy by Design and Behavioral Economics: Nudging Users towards Privacy-Friendly Choices

This paper conducts a comprehensive review of existing research on Privacy by Design (PbD) and behavioral economics, explores the intersection of Privacy by Design (PbD) and behavioral economics, and how designers can leverage “nudges” to encourage users towards privacy-friendly choices. We analyze the limitations of rational choice in the context of privacy decision-making and identify key opportunities for integrating behavioral economics into PbD. We propose a user-centered design framework for integrating behavioral economics into PbD, which includes strategies for simplifying complex choices, making privacy visible, providing feedback and control, and testing and iterating. Our analysis highlights the need for a more nuanced understanding of user behavior and decision-making in the context of privacy, and demonstrates the potential of behavioral economics to inform the design of more effective PbD solutions.

Research on the Supply-Side Reform Promotes Economic Growth Model in Xi’an

Xi’an is situated at west China, the industrial structure the restriction function which grows to the economy is not balanced more obvious, uni？ es the Xi’an actual situation, speeds up the supplies side constitutive property reform, the promotion industrial structure optimized promotion appears especially importantly. Firstly, this paper analyzes the present situation and development trend of supply-side reform at home and abroad. Based on the situation of Xi’an, the author analyzes ？ ve production-side reforms, such as “de-production,” “de-stocking,” “deleveraging”, “cost reduction” The author puts forward the main problems of Xi’an’s supply-side reform to promote economic growth. Finally, it puts forward the path choice of supply-side reform to promote economic growth in Xi’an. Adhere to reform and expand and demand side, supply side in xian accurate docking, supply and demand in xi ‘an supply side reform should constantly improve production quality, give full play to the market on the supply side of the reform main body role and foster the subject of the new.

Research on the Optimization Paths for Outstanding Agricultural Economics and Management Talents under the Background of Curriculum Ideology and Politics

The article aims to discuss how to cultivate outstanding agricultural economics and management talents to meet the needs of agricultural and rural economic development in the new era,within the context of ideological and political education.Through literature review and field research,a series of innovative talent training optimization paths are proposed,and specific suggestions are made for policymakers and educational practitioners.

Economy, Environment and Government: Study on the Path of Supply-Side Reform Forced by the Fog-Haze

Unbalanced development in term as industrial structure and the efficiency use of energy have aggravated environmental pollution to different degrees resulting in the increase of range, time and degree of fog-haze. This, in turn, forced the government to carry out supply-side reforms, to improve energy efficiency and optimize the industrial structure to weaken the environmental pollution. To tackle these problems, this work provides an index system for the issues related to fog-haze, uses a non-linear ST-SVAR model to reflect the effects of industrial structure and energy use efficiency on fog-haze. Results indicated that: First, current industrial structure and energy use efficiency have greater impact on the comprehensive equation of fog-haze risk than itself. With the passage of time, this influence is still gradually expanding. Second, the equations of industrial structure and energy use efficiency are strongly influenced by themselves, and other variables as the current period have less impact on them. Finally, the non-linear or asymmetric relationship is shown among industrial structure, energy use efficiency, and the fog-haze comprehensive risk equation.

Supply-Side Structural Reform, Digital Economy and Corporate Default Risk

In recent years, a lot of corporate defaults have had an impact on the capital market. How to prevent corporate default risks has become an important topic of concern for the academic community, enterprises and the government. We took China’s A-share listed companies from 2012 to 2018 as a sample, and used the double difference method to analyze the impact of supply-side structural reforms on corporate default risks. We found that supply-side structural reforms have reduced the risk of corporate default, and the inhibitory effect has gradually increased. In the relationship between supply-side structural reforms and corporate default risks, corporate financing capabilities have played an intermediary role. Supply-side structural reforms can improve the company’s endogenous financing capabilities, thereby reducing the risk of corporate default. However, we also found that the mediating effect of a company’s exogenous financing capability is not significant. At the same time, the regression results show that the digital economy can play a regulatory role. It can not only actively regulate the relationship between supply-side structural reforms and corporate default risks, but also mediate the mediating effect of corporate endogenous financing capabilities. The results of this article provide some evidence for the synergy between supply-side structural reforms and the digital economy.

Simulation Modelling and Techno-Economics of Supercritical Carbon Dioxide Recompression Closed Brayton Cycle

In recent years, there has been global interest in meeting targets relating to energy affordability and security while taking into account greenhouse gas emissions. This has heightened major interest in potential investigations into the use of supercritical carbon dioxide (sCO2) power cycles. Climate change mitigation is the ultimate driver for this increased interest;other relevant issues include the potential for high cycle efficiency and a circular economy. In this study, a 25 MWe recompression closed Brayton cycle (RCBC) has been assessed, and sCO2 has been proposed as the working fluid for the power plant. The methodology used in this research work comprises thermodynamic and techno-economic analysis for the prospective commercialization of this sCO2 power cycle. An evaluated estimation of capital expenditure, operational expenditure, and cost of electricity has been considered in this study. The ASPEN Plus simulation results have been compared with theoretical and mathematical calculations to assess the performance of the compressors, turbine, and heat exchangers. The results thus reveal that the cycle efficiency for this prospective sCO2 recompression closed Brayton cycle increases (39% - 53.6%) as the temperature progressively increases from 550˚C to 900˚C. Data from the Aspen simulation model was used to aid the cost function calculations to estimate the total capital investment cost of the plant. Also, the techno-economic results have shown less cost for purchasing equipment due to fewer components being required for the cycle configuration as compared to the conventional steam power plant.

China's Infrastructure Development and Supply-Side Structural Reforms

Despite significant improvements in transport, energy and information communication technology （ICT） infrastructures, inadequacies still exist in China＇s infrastructure development in light of emerging demand and industrial transition and upgrade. China lags far behind advanced economies such as the United States, Germany and Japan in terms of the quality of transport infrastructures except railroad,＂ electricity infrastructure is insufficient and service efficiency needs improvement; ICT infrastructure requires all-round upgrade and gaps in Internet bandwidth are striking. This paper suggests that, based on the needs of supply-side structural reform, China must reform its investment and financing systems to enhance the efficiency of infrastructure investment. Efforts must be made to enhance air transport and port infrastructure to support industrial upgrade; to develop the energy Internet to address emerging demands; and to forge a new generation of ICT infrastructure with industrial Internet as the priority to prepare China for the new round of industrial competition.

Methods and Countermeasures for Urban Agricultural Supply-Side Structural Reform in the New Era

Based on the theoretical basis of structural reform of agricultural supply side, the status quo and existing problems of urban agricultural supply side in Tian- jin under the new normal were analyzed. On this basis, the paper analyzed the paths of urban agricultural supply-side structural reform separately from the perspec- tives of factors, investment structure and system innovation, and proposed specific policies and opinions on the structural reform of urban agricultural supply side, pro- viding the theoretical basis and realistic basis for the sustainable development of ur- ban agriculture.

Economics of Language behind Catchwords

The integration of linguistics and economics, economics of language, is a new peripheral subject based on theory of west ern human capital and educational economics. Catchwords which reflect many theories of economics of language enter into people's scope of research. Study of catchword is of great significance for the enrichment of research of human language.

浅析《Public Economics》双语教学中的主要问题及对策

《Public Economics》作为研究公共部门经济的科学,是经济类学生,尤其是财政学专业学生所必修的一门双语课程。自2002年开始教授这门课程以来,在近十年的教学实践中,笔者发现有一些共性问题一直存在,在很大程度上成为了困扰、甚至妨碍该门双语教学课程课堂教学质量和总体效果的主要因素。本文在对这些问题进行阐释的基础上,提出若干应对之策,希与各位同仁交流和商榷。

Economy、Economics中译考——以“富国策”“理财学”“计学”“经济学”为中心的考察

尽管中国近代Economy、Economics中译名五花八门,数以十计,但最主要的有"富国策""理财学""计学""经济学"四个,而且它们之间呈现出前后递进的比较清晰的演进路线。其演进过程既受到西方"经济学"含义演变的"外因"的影响,也与当时中国移植西方经济学的"内因"相关。

“Introduction to Economics”留学生英文授课精品课程建设实践与探索

随着中国"一带一路"倡议的推进和高等教育国际化的发展,高职层次商科留学生人数迅速增加,相应的英文授课课程建设迅速涌现。本文对江苏高校留学生精品课程"Introduction to Economics"的课程定位、课程内容设置、教学资源建设、教学方法使用、考核评价方式等建设过程进行了总结,并提出了进一步强化建设效果的设想,为高职商科全英文授课课程建设提供参考。

On College English Reform from the Perspective of Language Economics

From the perspective of Language Economics,language education(including second language or foreign language education)is an economically valuable investment that has the function of promoting social development.However,there is an imbalance in the input and output of China’s college English education.From the perspective of language economics,this article focuses on the reform of College English courses in order to improve the efficiency of English teaching in common universities.

《Forest Policy and Economics》刊发中国林业经济论文追溯分析

以国际权威期刊《Forest Policy and Economics》为例,选取其2007—2017年刊发的与中国林业经济问题相关的文献,从国际视角对中国林业经济问题进行梳理与总结。基于统计分析,刊发的文献总体呈现数量波动增长、内容多样化、合作形式国际化,研究区域具体化,定量分析为主等特点。从林产品贸易、森林资源经营管理、森林转型等主题展开对中国林业经济研究的论述,以期为我国相关学者全面把握中国林业经济前沿研究进展和发展趋势提供参考与借鉴。

Human Capital Structure and Economic Growth:From the Perspective of New Structural Economics

The Chinese economy has achieved remarkable development over the past 40 years of reform and opening-up.However,with the narrowing of potential for efficiency improvement from resources reallocation and changes in population age structure,the Chinese economy has moved from high-speed growth to high-quality development.In this setting,understanding factor endowment and comparative advantages of the economy from a perspective of human capital structure so as to enhance industrial structure adaptability by riding the trend is of significance for cultivating new driving force for economic development.This paper,following a theoretical paradigm of new structural economics,demonstrates how human capital structure matches industrial structure and the presence of optimal human capital structure using mathematical deduction.On this basis,national level panel data and instrumental variables are adopted for generalized method of moments,the results of which shows that there are varied impacts on economic growth in light of different human capital structure characteristics.The proportions of high-level human capital and medium-level human capital boost economic development,while that of low-level human capital has an inhibitory effect on economic growth.The policy implication of this study is that large economies should diversify efforts as per different human capital structure characteristics in terms of development need of tapping growth impetus from human capital structure improvement.It is of equal importance to raise the proportion of high and medium human capital in order to stimulate economic growth and to cut the proportion of low human capital that hinders economic development.