Abstract:On the basis of collection and compilation of yearly data of income, education and life expectancy at birth by rural and urban, this study calculate three basic dimension indices-the income, education and life expectancy indices, and human development index by rural and urban. Our main results are as following: Since 1990, comparing with other two aspects education and life expectancy,rural-urban disparity on income is largest, and widens dramatically. Disparity on education is less than that on income, and decreases gradually. Increasing disparity on education is showed in the stage of after compulsory education. Disparity on life expectancy at birth is smallest, but it widens fast.

Abstract:This paper absorbs the idea of endogenous growth theory and discards the orthodox assumption of exogenous agricultural technology progress, and constructs a growth model of dual economy with endogenous agricultural technology progress. The paper persist in that the Chinese economy and East Asian Miracle are the results of structural transformation from traditional agriculture sector to modern non-agriculture, the results of agricultural technology progress pushed by the capital offered by modern non-agriculture sector to speed up the large inter-sector reallocations of labor, and the results of the high rates of capital accumulation in modern sector to strengthen the structural transformation. So, these economies could keep high rates of output growth for a long time although there was not remarkable total factor productivity growth.

Abstract:This paper explains the relationship between a strong government and banks, and discusses the reason and resolution of banks non-perform loans and the contents of bank governance structure through the comparison among Korean, Japanese and Chinese banks. Based on the experiences and theoretical analysis, we obtain the following conclusions: 1 The essential cause for non-perform loans in Korea, Japan and China is the special relationship between government and banks under the strong government institutional arrangements; 2 Being a joint-stock corporation is not an effective method to change such the special relation; 3 Introducing into the foreign capital is an important strategy to break the special relationship between a strong government and banks and would result in an effective bank governance structure.

Abstract:FDI can stimulate the economic development of developing countries from the channel of capital formation, technology progress and competition promotion. FDI can also affect developing countrys balance of payments. If the stock of FDI liabilities will grow much faster than the capacity to service those liabilities, a financial crisis will happen finally. However, because FDI also affects production, exports and imports, we need a more comprehensive model to analysis its net effect on the balance of payments. This paper analyses the dynamic effect of FDI on the balance of payments of the host country in a system of difference equations and finds that the net effect is not always negative because of the pattern of trade of FDI, even though the outflows of profits of FDI are in excess of the amount of net inflow of FDI. This paper brings forward two propositions. One is on the condition whether the net effect of FDI on the balance of payments is positive or negative, the other is about whether the net effect of FDI on the balance of payments is stable or not in long time. According to the two propositions, this paper investigates the long-run dynamic effect of FDI on Chinese balance of payments.

Abstract:This thesis uses the listed companies of Shanghai Stock Exchange and Shenzhen Stock Exchange to study the impacts of EVA Economic Value Added on listed companies capital structure. Also, we study whether the EVA can explain the listed companies capital structure more exactly than the accounting index such as EPS and ROE. We discover that, EVA influences the listed companies capital structure. However, the influences are not great. Further studies about accounting index discover that EVA does not explain the capital structure more efficiently than EPS and ROE. The studies also discover that, like EVA, EPS、ROE do not have great influences on capital structure, too.

Abstract:Economic fluctuation is a normal phenomenon in economic growth, but if the amplitude of fluctuation is very big in the long-term, we need to analyze whether the fluctuation is or not normal. Chinese economy has been remained strong growth for over 20 years, but economic fluctuation is very big. What causes the fluctuation We research this question with a Cash-in-Advance model, the conclusion is that, the change of monetary quantity can cause the economic fluctuation in China for the low level in market growth.

Abstract:Macroeconomic theory in China is faced with a serious challenge that opposite policy suggestions proposed by two main groups of economists belonging to new classical macroeconomics and pro-macro-problem analysis. The former gives incorrect diagnoses to the overheat of Chinese economy though it seems sophisticated and concise to policy. The later can provide right and practical analyses but short of systematic and consistency. In order to fulfill the fundamental goal of building a thinking base for the decision of macroeconomic policy, the macroeconomic theory in China need search for a series of real stylized facts in China and clear up the inner relationships among them and consequently set up a brand new system of Chinese macroeconomic analyses.

Abstract:The paper is based on the survey of local protection in Chinese domestic market. The analysis focuses on the current situations of local protection and the efficacy of policies against local protectionism. The paper also puts forward some policies including labor force flow, judicature justice and fiscal system reform to alleviate the intensity of local protection.

Abstract:Utilizing a sample of 220 private enterprises across four provinces in China, this paper empirically investigates the factors affecting the level of trust among private enterprises, and their different channels and relations in determining trust. Regression results from the Tobit model show that, fierce competition, social network, and efficient information disclosure all positively affect the level of enterprises trusting their second largest clients, while negative effect presented by possible business interrupt and lackness of effective mechanism on tackling dissension. The roles of all above factors differ with the business duration, and might substitute, complement, or be independent of each other. Our findings support both “bilateral relationship view” and “relationship network view”, while reject “courts view” and “governments view” on the determinants of trust. Policy implications are: first, suitable competition, widely use of social network, and effective information disclosure should be guaranteed; second, legal reform could exert complex impact on the role of competition and information disclosure in determining trust, so the optimal reform design should pursue an equilibrium of both factors.

Abstract:Paul Krugman 1991b developed a two-region model to show that manufacturing firms tend to locate in the region with large demand in order to realize scale economies while minimizing transport costs. By incorporating the moving cost of labor between sectors and difference of technology between regions, this paper shows that new industries may locate in the periphery and make regional convergence.

Abstract:The characteristics of the low efficiency obviously appearing in the scale and structure of Chinas current defense expenditure means that the operation of the defense budget system is in the state of inequilibrium. The “main institutional obstacles" to the allocation efficiency of the defense financial resources result from the “system body drawbacks" in the defense budget system, namely the absence of main budget body and the multiple bodies in the military system. Finally, it causes the inequilibrium in the composition of the interests-body in Chinas defense budget operation and the inequilibrium between the power structure of the interests-body and the efficient allocation of resources.

Abstract:In this paper, we first analyze the location marginal pricing LMP system, bilateral contract mechanism and the risk aversion problem in power market mechanism. We think that the best choice of china on power market is to adopt the LMP system and its supporting system, such as the two-part settlement system, transmission right market. We think these systems can not only optimize short-term economic dispatch, but also ensure and improve industrys generation and transmission investment, ensure continue and healthy development of the industry. Then, we give the especial institutional and economical restrictions of China electricity reform, and, on the basis of the two part, we give our some policy advices.