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对实施产业政策中利率功能的探讨
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作者 金忠祥 钟毕广 彭世金 《福建金融》 1989年第10期55-56,共2页
《国务院关于当前产业政策要点的决定》已经颁布实施,它是我国第一个全面系统的关于产业发展的政策。银行如何充分发挥利率功能,促进和支持产业政策的实施,已是当前和今后一个时期金融部门的一个重要课题。本文就当前在实施产业政策中... 《国务院关于当前产业政策要点的决定》已经颁布实施,它是我国第一个全面系统的关于产业发展的政策。银行如何充分发挥利率功能,促进和支持产业政策的实施,已是当前和今后一个时期金融部门的一个重要课题。本文就当前在实施产业政策中有关利率功能的问题作一探讨。 长期以来,我国利率功能没有履行其正常功能,更没有充分发挥它的杠杆作用,我们认为,导致利率功能软化的主要原因主要有如下方面: 展开更多
关键词 中利率 产业政策 银行贷款利率 政策要点 信贷资金需求 民间借贷利率 信用形式 存款利率 投资膨胀 行业差别利率
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当前利率管理中的突出问题与对策建议
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作者 应宜逊 周智立 《浙江金融》 北大核心 1993年第6期16-17,共2页
我国利率管理中的基本问题是“僵硬”,即基本上还是“计划利率”,与发展社会主义市场经济的需要很不适应。因此,改革的基本目标是“利率市场化”。但是,不能操之过急,希冀一步到位。因为,大量的公有制企业与银行的预算约束均未完全硬化... 我国利率管理中的基本问题是“僵硬”,即基本上还是“计划利率”,与发展社会主义市场经济的需要很不适应。因此,改革的基本目标是“利率市场化”。但是,不能操之过急,希冀一步到位。因为,大量的公有制企业与银行的预算约束均未完全硬化,尚难以形成均衡利率。同时,中央银行通过贴现利率调控整个社会的利率水平的经验也十分欠缺。因而,只能针对经济运行中利率方面出现的突出问题,沿着利率市场化方向,采取恰当的措施,在促进经济健康发展中逐步地实现“利率市场化”。 展开更多
关键词 利率管理 计划利率 央银行 贴现利率 储蓄管理条例 中利率 流动资金贷款 一级分行 资金供求 市场化方向
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中美利率汇率联动机制对比分析 被引量:2
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作者 李洪梅 《中国高新技术企业》 2013年第4期6-9,共4页
文章从理论、实证两方面对中美两国利率汇率联动问题进行探讨。利率、汇率二者都通过经常账户、资本账户影响对方。选取利率、汇率、GDP三个变量,研究中美两国1996~2010年利率汇率联动差异,结果表明美国的利率汇率之间存在着相互影响,... 文章从理论、实证两方面对中美两国利率汇率联动问题进行探讨。利率、汇率二者都通过经常账户、资本账户影响对方。选取利率、汇率、GDP三个变量,研究中美两国1996~2010年利率汇率联动差异,结果表明美国的利率汇率之间存在着相互影响,两者具备长期均衡关系,随着人民币利率和汇率市场化程度的加深,人民币资本项目的进一步开放,人民币利率与汇率之间的联动效应正在加强。 展开更多
关键词 利率 美汇率 GDP 联动机制 经常账户 资本账户
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沪港通未能降低AH股溢价的原因研究——基于中美利率变化和融资融券对其影响的实证分析 被引量:2
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作者 杨凡 张崇康 《现代商业》 2017年第26期89-90,共2页
沪港通的开通打破了内地和香港股票市场的分割,但并没有降低AH股溢价。本文从实证角度,选取了2012-2017年74家AH股溢价的日交易数据,即沪港通开通前后两年的数据。使用样本构建了AH股溢价指数作为因变量,分析并检验了中美利率变化和融... 沪港通的开通打破了内地和香港股票市场的分割,但并没有降低AH股溢价。本文从实证角度,选取了2012-2017年74家AH股溢价的日交易数据,即沪港通开通前后两年的数据。使用样本构建了AH股溢价指数作为因变量,分析并检验了中美利率变化和融资融券对AH股溢价的影响。结果发现:(1)美国利率水平的变化会显著影响AH股溢价,中国利率水平变化不会显著影响AH股溢价;(2)融资融券余额的增加会提升AH股的溢价,且会显著影响AH溢价。 展开更多
关键词 AH股溢价 沪港通 利率变化 融资融券
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对利率及利率调整的思考
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作者 王丽霞 《长春师范学院学报》 1996年第3期15-18,10,共5页
随着我国经济向市场经济转轨过程的推进,利率对宏观经济运行的影响更加明显。但是,由于中国经济发展的特殊性,使利率对经济的影响在理论和现实生活中有一定的偏差,这一偏差使我国的利率调整也相应地表现出特殊性。本文从理论上分析了利... 随着我国经济向市场经济转轨过程的推进,利率对宏观经济运行的影响更加明显。但是,由于中国经济发展的特殊性,使利率对经济的影响在理论和现实生活中有一定的偏差,这一偏差使我国的利率调整也相应地表现出特殊性。本文从理论上分析了利率在国民经济发展中的作用,并阐述了在我国现实经济中利率调节的特殊意义。 展开更多
关键词 利率调整 可贷资金 资本报酬率 货币政策 中利率 经济发展 利息收入 央银行 贷款利率 放松银根
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社会融资结构的变化对货币政策传导机制的影响 被引量:1
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作者 李楠 王阳帅 《中外企业家》 2014年第10X期6-7,共2页
文中将对我国社会融资结构的概况进行分析,阐述我国社会融资结构变化对货币政策传导机制的影响,并提出改善我国社会融资结构,提高对货币政策传导机制影响的对策。
关键词 社会融资 货币政策 信贷渠道 外源融资 直接融资市场 股票融资 财富效应 中利率 传导渠道 总财富
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谈证券的选择
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作者 张瑞华 《武汉金融》 1988年第9期48-49,共2页
随着城市个人投资市场的开放,买卖证券成为个人经济开支中不可缺少的一个内容。因此,怎样选买选卖证券是现代人必须具备的知识。证券多种多样,利率有高有低,期限有长有短,买哪一种合适,这就有个选择问题。如何选择证券?一般来说,应注意... 随着城市个人投资市场的开放,买卖证券成为个人经济开支中不可缺少的一个内容。因此,怎样选买选卖证券是现代人必须具备的知识。证券多种多样,利率有高有低,期限有长有短,买哪一种合适,这就有个选择问题。如何选择证券?一般来说,应注意以下几点: 第一,应根据手中货币的情况选择证券如果将个人手中的货币分为近期(指几个月之内)待用款,短期(指1—2年)待用款和远期(指三年以上)待用款的话,近期待用款,不应购买证券。 展开更多
关键词 个人投资 选择问题 银行利率 待用 建设银行 活期储蓄 通货膨胀风险 中利率 偿还能力 收益水平
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Current Status and Perspective Development of Broomcorn Millet Production in China 被引量:1
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作者 刘猛 赵宇 +1 位作者 刘斐 李顺国 《Agricultural Science & Technology》 CAS 2012年第11期2438-2441,共4页
[Objective] This paper analyzed present status of broomcorn millet produc- tion in China, including cultivation methods, fertilization utilization, diseases, insect pests and disasters, machinery development, planting... [Objective] This paper analyzed present status of broomcorn millet produc- tion in China, including cultivation methods, fertilization utilization, diseases, insect pests and disasters, machinery development, planting benefit and other aspects. [Method] The corn millet data reported by China Industrial and Technological Re- search System of Millet in 2011 were analyzed by descriptive statistical analysis of EXCEL. [Result] The results show that 17 678.57 kg/ha of farm manure, 155.77 kg/ha of urea, 259.5 kg/ha of compound fertilizer, 203.13 kg/ha of phosphate fertilizer and 75 kg/ha of potash fertilizer were used in China; the national mechanization degree of broomcorn millet production is lower than 30% in all; the average income of broomcorn millet production is 10 503.33 yuan/ha, and the VCR is 2.64; most broomcorn millet producing areas are affected by mild pests and diseases, very few are affected by mild and moderate pests and diseases, and the impact of natural disasters is the lightest. [~onclusien] Currently fertilizer utilization for broomcorn millet is proper but the mechanization level and planting benefit are low, natural disasters, pests and diseases are not severe; finally the authors proposed some suggestions on the fertilizer utilization, mechanization production, benefit increasing, disaster warning, disease and insect controlling and government policy-making for broomcorn millet production. 展开更多
关键词 Broomcorn millet Production status Development proposals China
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人民币汇率与中美利率联动机制分析 被引量:8
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作者 郝中中 《金融论坛》 CSSCI 北大核心 2015年第1期35-40,共6页
本文引入国际资本流动净额作为研究汇率与利率之间互相作用的中介。利用2005年7月至2013年12月的月度数据,构建包含人民币汇率、国际资本流动净额及中美利率差为内生变量的SVAR模型,实证分析三者之间的动态关系。研究结果表明:国际资本... 本文引入国际资本流动净额作为研究汇率与利率之间互相作用的中介。利用2005年7月至2013年12月的月度数据,构建包含人民币汇率、国际资本流动净额及中美利率差为内生变量的SVAR模型,实证分析三者之间的动态关系。研究结果表明:国际资本净额变大会引起人民币实际汇率下降但会使中美利率差加大;人民币实际汇率上升会使国际资本流动净额和中美利率差下降;中美利率差上升会使人民币实际汇率上升,而使国际资本流动净额变小。人民币实际汇率和国际资本流动净额的影响居于主导地位,而利率对两者的影响并不明显。 展开更多
关键词 人民币汇率 利率 利率 国际资本流动净额
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Effect of Different Fertilization Methods on Grain Yield and Nitrogen Agronomy Efficiency of TwoLine Super Hybrid Rice 被引量:1
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作者 何爱斌 刘科 +3 位作者 孙志贵 龙继锐 田小海 张运波 《Agricultural Science & Technology》 CAS 2014年第10期1723-1726,共4页
ln order to explore the effect of broadcast application of urea (BR-U) and surface concentrated-fertilization on grain yield and nitrogen agronomy efficiency of two-line super hybrid rice, this experiment was conduc... ln order to explore the effect of broadcast application of urea (BR-U) and surface concentrated-fertilization on grain yield and nitrogen agronomy efficiency of two-line super hybrid rice, this experiment was conducted with super hybrid rice Y-Liangyou 1 and Liangyou 0293 to determine til ering dynamics, SPAD, LAl and dry matter accumulation. lts total N application was 180 kg/hm2 and different application rate and topdressing methods were set respectively. The results showed that grain yield and nitrogen agronomy efficiency were significantly improved with the T3 and T4 nitrogenous fertilizer application model. The improving of grain yield and nitrogen agronomy efficiency was benefited from rational postponing N application. However, neither single application of base fertilizer (T2) nor single application of topdressing fertilizer (T5 and T6) can coordinate the relationship between source and sink. Both grain yield and nitrogen agronomy efficiency were insignificantly under the broadcast application of urea and surface concentrated fertilization. 展开更多
关键词 Two-line super hybrid rice Broadcast application Concentrated-fertilization YIELD Nitrogen agronomy efficiency
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金融开放对跨境资本流动影响的理论逻辑与实证检验 被引量:6
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作者 李文乐 《金融经济》 2020年第8期9-17,共9页
本文通过推演金融开放下利率和汇率影响跨境资本流动的理论逻辑,分析我国跨境资本流动“宽进严出”的现实成因,运用2010年1月至2019年10月的月度数据建立含有随机波动项的时变参数向量自回归模型(TVP-SV-VAR),实证检验中美利率变化、人... 本文通过推演金融开放下利率和汇率影响跨境资本流动的理论逻辑,分析我国跨境资本流动“宽进严出”的现实成因,运用2010年1月至2019年10月的月度数据建立含有随机波动项的时变参数向量自回归模型(TVP-SV-VAR),实证检验中美利率变化、人民币汇率波动对我国跨境资本流动的影响。研究显示:(1)国家间利率差异、汇率差异是跨境资本流动的重要原因,利率和汇率的时变性引发了跨境资本流动的动态变化,套利和套汇空间的收窄促使跨境资本流动趋于稳定。(2)跨境资本流动对我国利率变动的反应明显且迅速,主要表现为跨境资本的净流入,但对美联储利率变动反应较为滞后,在中美利率共同作用下表现为跨境资本净流入。(3)在有管理的浮动汇率制度下,人民币兑美元贬值增加了跨境资本流出的压力,表现为迂回变通流出境外。因此,需要探索更有效的工具管理跨境资本流动,维护经济金融长期稳定。 展开更多
关键词 跨境资本流动 人民币汇率 利率 利率差异 时变参数向量自回归模型
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Estimating regional coal resource efficiency in China using three-stage DEA and bootstrap DEA models 被引量:10
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作者 Cui Yijia Huang Guoliang Yin Ziyong 《International Journal of Mining Science and Technology》 SCIE EI CSCD 2015年第5期861-864,共4页
Based on three-stage data envelopment analysis(DEA) model estimates of resource utilization efficiency of coal,we selected 29 provinces from China's 2012 input-output data and used the bootstrap DEA model to corre... Based on three-stage data envelopment analysis(DEA) model estimates of resource utilization efficiency of coal,we selected 29 provinces from China's 2012 input-output data and used the bootstrap DEA model to correct the bias.The results show that the mean overall technical efficiency,pure technical efficiency,and scale efficiency was 0.833,0.998,and 0.711 in 2012,respectively.Moreover,the comprehensive technical efficiency score indicates that the scale is invalid.Area utilization efficiencies for the eastern,central,and western regions were 0.917,0.731,and 0.629,respectively.The results prove that there are significant differences in the distribution of coal resources utilization efficiency across regions. 展开更多
关键词 Coal resource efficiency Three-stage DEA Bootstrap DEA Technical efficiency
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基于多元线性回归的人民币汇率影响因素分析
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作者 杨玥 《纳税》 2017年第13期51-52,共2页
本文以对人民币兑美元汇率有重要影响的国际收支、货币供给量、中美利率差值、中美通货膨胀率差值的时间序列为基础,利用Wind的2006~2015年原始数据和python的pandas、statsmodels,进行OLS多元线性回归分析,同时利用SPSS进行对结果进行... 本文以对人民币兑美元汇率有重要影响的国际收支、货币供给量、中美利率差值、中美通货膨胀率差值的时间序列为基础,利用Wind的2006~2015年原始数据和python的pandas、statsmodels,进行OLS多元线性回归分析,同时利用SPSS进行对结果进行对比,最终通过检验得出结论为:货币供给量与中美利率差值对汇率的影响是显著的。 展开更多
关键词 汇率 回归分析 货币供给量 利率差值
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Urban Water Resource Utilization Efficiency in China 被引量:14
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作者 SHI Tiange ZHANG Xiaolei +1 位作者 DU Hongru SHI Hui 《Chinese Geographical Science》 SCIE CSCD 2015年第6期684-697,共14页
The efficient use of water resources directly affects environmental, social, and economic development; therefore, it has a significant impact on urban populations. A slacks-based measure for data envelopment analysis ... The efficient use of water resources directly affects environmental, social, and economic development; therefore, it has a significant impact on urban populations. A slacks-based measure for data envelopment analysis (SBM-DEA) has been widely used in energy efficiency and environmental efficiency analyses in recent years. Based on this model, data from 316 cities were examined and a category method was employed involving three different sorting techniques to empirically evaluate the efficiency of urban water re- source utilization in China between 2000 and 2012. The overall efficiency (OE) of urban water resource utilization in China was initially low, but has improved over the past decade. The scale efficiency (SE) was higher than the pure technological efficiency (PTE); PTE is a major determining factor of OE, and has had an increasingly significant effect. The efficiency of water resource utilization varied ac- cording to the region, urban scale, and economic function. The OE score for the eastern China was higher than for the rest of the region, and the OE score for the western China was higher than for the central China. The OE score for urban water resource utilization has improved with urban expansion, except in the case of small cities. The SE showed an inverted U-shaped' trend with increasing urban expansion. The OE of urban water utilization in comprehensive functional cities was greater than in economic specialization cities, and was greater in heavy industry specialization cities than in other specialization cities. This study contributes to the field of urban water resource management by examining variations in efficiency with urban ~ezle 展开更多
关键词 urban water resource utilization efficiency urban scale undesirable outputs a slacks-based measure for data envelopmentanalysis (SBM-DEA) China
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Fixed Ammonium in Major Types of Paddy Soils in Hunan Province, China 被引量:11
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作者 ZHANG YANGZHU, LIAO JIPEI, SUN YUHUAN, FENG YUEHUA and HUANG YUNXIANGCollege of Resources and Environment, Hunan Agricultural University, Changsha 410128 (China) 《Pedosphere》 SCIE CAS CSCD 2003年第3期199-208,共10页
The contents, affecting factors, seasonal changes and availability of fixed ammonium in major types ofpaddy soils derived from different parent materials in Hunan Province, China, were studied using the Silva-Bremner ... The contents, affecting factors, seasonal changes and availability of fixed ammonium in major types ofpaddy soils derived from different parent materials in Hunan Province, China, were studied using the Silva-Bremner method by laboratory and pot experiments. Results showed that the content of fixed ammoniumin the plough horizons ranged from 88.3 mg kg-1 to 388.1 mg kg-1, with 273.2 ± 77.7 mg kg-1 on average,accounting for 11.2% of total soil N on average. Content of fixed ammonium decreased in the order of newlylacustrine clayey paddy soil > alluvial sandy paddy soil > purple clayey paddy soil > newly alluvial sandypaddy soil > yellow clayey paddy soil > reddish-yellow clayey paddy soil > granitic sandy paddy soil. Therewere four distribution patterns of fixed ammonium in the profiles to 1-m depth, i.e., increase with the depth,decrease with increasing depth, no distinct change with the depth, and abrupt increase or decrease in somehorizon. Percentage of fixed ammonium in total N increased with the depth in most of the soils. Fixationof NH4+ by soil was higher at 30 ℃ than at 20 ℃ and 40 ℃, and continuous submergence benefited thefixation of NH4+ in newly alluvial sandy paddy soil, purple clayey paddy soil and alluvial sandy paddy soil,while alternating wetting and drying contributed to the fixation of NH4+ in yellow clayey paddy soil mostly.Fixed ammonium content in the test paddy soils was significantly correlated with < 0.01 mm clay content(P < 0.05), but not with < 0.001 mm clay content, total N, organic N and organic matter. Fixed ammoniumcontent varied with rice growth stages. Application of N fertilizer promoted fixation of NH4+ by soil, and Nuptake by rice plant promoted release of fixed ammonium from the soil. Recently fixed ammonium in paddysoil after N fertilizer application was nearly 100% available to rice plant, while native fixed ammonium wasonly partly available, varying with the soil type and rice type. 展开更多
关键词 affecting factors BIOAVAILABILITY fixed ammonium hunan province paddysoil
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中美利率走势相反值得重视
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作者 彭文生 《支点》 2021年第9期12-12,共1页
疫后中国经济宏观大势可能是"紧信用、松货币、宽财政"。近期市场有两个问题让大家比较纠结。一个是美国的通胀大超预期,6月份美国的CPI通胀达到了5.4%,美国十年期国债收益率却明显下滑,为什么?代表着美国通胀不是问题,还是... 疫后中国经济宏观大势可能是"紧信用、松货币、宽财政"。近期市场有两个问题让大家比较纠结。一个是美国的通胀大超预期,6月份美国的CPI通胀达到了5.4%,美国十年期国债收益率却明显下滑,为什么?代表着美国通胀不是问题,还是市场判断有误? 展开更多
关键词 国债收益率 超预期 走势 信用 利率 宽财政
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Existing Contradictions and Recommendations to China's Insurance Industry Characterized by Low-growth and Low-interest
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作者 Wang Xujin Guo Xia Yi Shanmei 《Chinese Business Review》 2014年第12期717-729,共13页
This article seeks to analyze the contradictions and recommendations to China's insurance industry in the context of low-growth and low interest market. Under the pressure caused by the contradictions between the sus... This article seeks to analyze the contradictions and recommendations to China's insurance industry in the context of low-growth and low interest market. Under the pressure caused by the contradictions between the sustainable growth in the insurance premium income and the low ROI, it is very important to solve these contradictions for maintaining a sustainable and steady growth in insurance industry, at the same time, it is also favorable to play a role as a social stabilizer as well as an economic booster for insurance industry. This paper can be divided into four parts: Part I analyzes the five basic characteristics of Chinese low-growth and low-interest insurance industry; part II elaborates the principal contradictions faced by Chinese low-growth and low-interest insurance industry; part III analyzes the development environment of Chinese insurance industry; part IV proposes the recommendations to solve these contradictions. 展开更多
关键词 low-growth low-interest insurance industry market economy restructuring capital market
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Prospering Revolution of Resource Efficiency in Northeast Industrial Area in China
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作者 Zhu Xiancheng Liu Zeyuan 《Chinese Journal of Population,Resources and Environment》 北大核心 2007年第4期81-84,共4页
Despite its strong advantages in resource, technology and human resource, China's Northeast Industrial Area is also experiencing problems of unreasonable industrial structure, envi- ronmental pollution, and the de... Despite its strong advantages in resource, technology and human resource, China's Northeast Industrial Area is also experiencing problems of unreasonable industrial structure, envi- ronmental pollution, and the degradation of ecological condition, etc., which prevent this area from achieving a sustainable devel- opment. Through analyzing the resource problem, the present paper proposed a strategy of circular economy for the prosperity of this are, discussed the theories of circular economy and re- source recycling, and finally concluded that improving resource productivity is at the core of circular economy. 展开更多
关键词 China's Northeast Industrial Area circular economy resource productivity
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The Factor Decomposition on Carbon Emission of China——Based on LMDI Decomposition Technology 被引量:7
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作者 Guo Chaoxian 《Chinese Journal of Population,Resources and Environment》 2011年第1期42-47,共6页
Carbon emission is the current hot issue of global concern. How to assess various contributing factors for carbon emission is of great importance to find out the key factors and promote carbon emission reduction. In t... Carbon emission is the current hot issue of global concern. How to assess various contributing factors for carbon emission is of great importance to find out the key factors and promote carbon emission reduction. In this paper, the author constructs an identical equation for carbon emission, based on the economic aggregate, the economic structure, the efficiency of energy utilization, the structure of energy consumption, and the coefficient of carbon emission; by applying to LMDI decomposition technology, the author analyzes the carbon emission of China from 1995 to 2007 at industrial level and regional level. The results show that the expansion of economic aggregate is the main reason for China' s rapidly increasing carbon emission and the increase of energy utilization efficiency is the key factor that can hold back the increase of carbon emission. In addition, the change of industrial structure or regional structure and the change of traditional energy structure have limited influence on the carbon emission, and their potentials have not yet been exploited. At the end of this paper, the author proposes the efforts that China should make to reduce carbon emission. 展开更多
关键词 carbon emission LMDI decomposition technology industrial decomposition regional decomposition
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Analysis on financing, investing and operating activities of Target Corporation
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作者 SUN Wen-sheng JIN Guang-hua SUN Jie 《Chinese Business Review》 2007年第5期62-65,共4页
The paper analyzes the financing activity, investing activity and operating activity of Target Corporation by comparing with other companies in the same industry. The analysis shows that Target overall is better at me... The paper analyzes the financing activity, investing activity and operating activity of Target Corporation by comparing with other companies in the same industry. The analysis shows that Target overall is better at meeting it in short-term obligations as well as earning money for its investors. Target is a safe and consistent investment. The company should pay attention to interest rate changes because the company's majority of financing charges are based on floating-rate debt obligations. 展开更多
关键词 financing activity investing activity operating activity
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