The relationship among reserve ration, government spending and economic growth was analyzed. A monetary endogenous growth model is well developed by taking into account the growth-enhancing effects of re- serve-augmen...The relationship among reserve ration, government spending and economic growth was analyzed. A monetary endogenous growth model is well developed by taking into account the growth-enhancing effects of re- serve-augmenting seigniorage. If the government spends all the seigniorage revenue on the provision of a public input which has positive externality on the private sector’s production, some results to be utterly different from Bronx’s have been obtained: the economy has a unique saddle-balanced growth path, but it has nothing to do with reserve ratio. However, the higher reserve ratio, the faster speed of economic convergence.展开更多
Along with the support policy for the development of domestic animation by State Administration of Press, Publication, Radio, Film and Television of The People＇s Republic of China and local governments, the domestic ...Along with the support policy for the development of domestic animation by State Administration of Press, Publication, Radio, Film and Television of The People＇s Republic of China and local governments, the domestic animation industry has wide development prospects. According to statistics, there are more than 500 colleges and universities opening animation specialty and more than thousands of universities having related courses. But in recent years, there has been a contradictory phenomenon. On one hand, it is really hard for large numbers of graduates to find jobs related to animation. On the other hand, it is difficult for domestic animation enterprises to recruit outstanding animation talents. The main reason for this phenomenon is that the animation education in colleges and universities can not satisfy the demand from market and can not meet the requirements of the animation industry development in china.So we have the necessity to discuss the suitable education mode for animation development.展开更多
supported by the Taishan Scholar Construction Engineering by Shandong Government the National Natural Science Foundation of China under Grant Nos.61120106011 and 61203029
Being responsible mainly to their superiors, decision-makers at the county level in China pursue the maximum growth rate rather than their residents’ welfare. This leads to a preference for productive expenditure in ...Being responsible mainly to their superiors, decision-makers at the county level in China pursue the maximum growth rate rather than their residents’ welfare. This leads to a preference for productive expenditure in their fiscal decisions. An empirical test based on 2,067 counties (cities) provides robust evidence for the existence of productive expenditure bias at the county level. Such bias causes a serious impediment to the construction of a system of public finance and the transformation to public service-oriented government in China. An appropriate solution to this problem is to gradually enhance incentives for county- level governments to satisfy the demands of local residents.View full textDownload full text展开更多
文摘The relationship among reserve ration, government spending and economic growth was analyzed. A monetary endogenous growth model is well developed by taking into account the growth-enhancing effects of re- serve-augmenting seigniorage. If the government spends all the seigniorage revenue on the provision of a public input which has positive externality on the private sector’s production, some results to be utterly different from Bronx’s have been obtained: the economy has a unique saddle-balanced growth path, but it has nothing to do with reserve ratio. However, the higher reserve ratio, the faster speed of economic convergence.
文摘Along with the support policy for the development of domestic animation by State Administration of Press, Publication, Radio, Film and Television of The People＇s Republic of China and local governments, the domestic animation industry has wide development prospects. According to statistics, there are more than 500 colleges and universities opening animation specialty and more than thousands of universities having related courses. But in recent years, there has been a contradictory phenomenon. On one hand, it is really hard for large numbers of graduates to find jobs related to animation. On the other hand, it is difficult for domestic animation enterprises to recruit outstanding animation talents. The main reason for this phenomenon is that the animation education in colleges and universities can not satisfy the demand from market and can not meet the requirements of the animation industry development in china.So we have the necessity to discuss the suitable education mode for animation development.
基金supported by the National Natural Science Foundation of China under Grant Nos.71125005,70871108,and 70810107020Outstanding Talents Funds of Organization Department,Beijing Committee of CPC
文摘supported by the Taishan Scholar Construction Engineering by Shandong Government the National Natural Science Foundation of China under Grant Nos.61120106011 and 61203029
基金the support of the National Natural Science Foundation of China(Grant No.:70773010)the Key Project of the Chinese Ministry of Education(Grant No.:309007)
文摘Being responsible mainly to their superiors, decision-makers at the county level in China pursue the maximum growth rate rather than their residents’ welfare. This leads to a preference for productive expenditure in their fiscal decisions. An empirical test based on 2,067 counties (cities) provides robust evidence for the existence of productive expenditure bias at the county level. Such bias causes a serious impediment to the construction of a system of public finance and the transformation to public service-oriented government in China. An appropriate solution to this problem is to gradually enhance incentives for county- level governments to satisfy the demands of local residents.View full textDownload full text
