Using the cointegration analysis technology and causality analysis technology,we discuss the relationship between financial intermediaries development and economic growth in China,Evidences from the multivariate VAR s...Using the cointegration analysis technology and causality analysis technology,we discuss the relationship between financial intermediaries development and economic growth in China,Evidences from the multivariate VAR system show that:(i)as far as the relationship between financial intermediaries scale and economic growth is concerned,what Robinson (1952) declared is right, “where enterprise lead finance follows”; (ii) on the relationship between financial intermediaries efficiency and economic growth,the view of many endogenous economic growth models can be supported by China case.展开更多
Supposing the most of the underground economy is all to use cash transaction, the main reason of the existence and spread of the underground economy is in the tax rate that always is to occupy a higher level, because ...Supposing the most of the underground economy is all to use cash transaction, the main reason of the existence and spread of the underground economy is in the tax rate that always is to occupy a higher level, because the one of the principal motives that the participators of the underground economy acquire illegal revenue is to evade a tax, a cash model of fitting goodness should draw into the tax rate that regards as the key independent variable.展开更多
The underground economy, which is an anti order phenomenon in the life of social economy, is indirectly estimated from whole social freight traffic that will be helpful to knowing the real scale of the national econom...The underground economy, which is an anti order phenomenon in the life of social economy, is indirectly estimated from whole social freight traffic that will be helpful to knowing the real scale of the national economy of China.展开更多
文摘Using the cointegration analysis technology and causality analysis technology,we discuss the relationship between financial intermediaries development and economic growth in China,Evidences from the multivariate VAR system show that:(i)as far as the relationship between financial intermediaries scale and economic growth is concerned,what Robinson (1952) declared is right, “where enterprise lead finance follows”; (ii) on the relationship between financial intermediaries efficiency and economic growth,the view of many endogenous economic growth models can be supported by China case.
文摘Supposing the most of the underground economy is all to use cash transaction, the main reason of the existence and spread of the underground economy is in the tax rate that always is to occupy a higher level, because the one of the principal motives that the participators of the underground economy acquire illegal revenue is to evade a tax, a cash model of fitting goodness should draw into the tax rate that regards as the key independent variable.
文摘The underground economy, which is an anti order phenomenon in the life of social economy, is indirectly estimated from whole social freight traffic that will be helpful to knowing the real scale of the national economy of China.
