Urbanization is a process that is undergoing all over the world, which will speed up in the forthcoming years, especially in China as the boom of economy. On average, urbanization level is not only depended on the spe...Urbanization is a process that is undergoing all over the world, which will speed up in the forthcoming years, especially in China as the boom of economy. On average, urbanization level is not only depended on the speed, but theefficiency, particularly efficiency of using land resource which affects urbanization directly. This paper provided status quo of land resource utilization efficiency, indictors, methods and factors, and illustrated the reference of well land utilization, aiming at fostering urbanization in China.展开更多
With observations and reflections on a series of phenomena,such as the "independent situation"of China's FDI during the recent global financial risis and the increase of round tripped investment after the "tax rat...With observations and reflections on a series of phenomena,such as the "independent situation"of China's FDI during the recent global financial risis and the increase of round tripped investment after the "tax rate unification,"this paper examines a unique phenomenon in China's FDI-round tripped investment.It reveals its determinants from a micro-perspectiv ,and establishes a vector error correction mode(VECM)for emprirical testing.The results is that the determinants of China's round tripped investment are institutional factors such as "achievable differential treatment" and cpaital control.Tax ,exchange rate,housing price and capital control intensity all have an impact on the scale of round tripped FDI.However,judging from the extent of influence,the most important factor should be exchange rate ,followed by capital control intensity and housing price,and tax has a limited impact.展开更多
基金Supported the Major Research Plan of the National Natural Science Foundation of China(Grant No.91325302,91425303)
文摘Urbanization is a process that is undergoing all over the world, which will speed up in the forthcoming years, especially in China as the boom of economy. On average, urbanization level is not only depended on the speed, but theefficiency, particularly efficiency of using land resource which affects urbanization directly. This paper provided status quo of land resource utilization efficiency, indictors, methods and factors, and illustrated the reference of well land utilization, aiming at fostering urbanization in China.
文摘With observations and reflections on a series of phenomena,such as the "independent situation"of China's FDI during the recent global financial risis and the increase of round tripped investment after the "tax rate unification,"this paper examines a unique phenomenon in China's FDI-round tripped investment.It reveals its determinants from a micro-perspectiv ,and establishes a vector error correction mode(VECM)for emprirical testing.The results is that the determinants of China's round tripped investment are institutional factors such as "achievable differential treatment" and cpaital control.Tax ,exchange rate,housing price and capital control intensity all have an impact on the scale of round tripped FDI.However,judging from the extent of influence,the most important factor should be exchange rate ,followed by capital control intensity and housing price,and tax has a limited impact.