Economic Research Journal (Monthly) No.10 October, 2000 |
• An Estimation of the Reliability of Statistic Data on China's Economic Growth |
Abstract:The reliability of the statistic data on China's economic growth rate has been recognized to be an important issue. Whether they are reliable will affect not only the accuracy of economic forecasts and analyses, but also the rationality and accuracy of macroeconomic policies,and therefore they will eventually affect economic performance either positively or negatively. This paper attempts to make an independent judgement on the reliability of China's economic growth statistics, and to provide an alternative estimation for the average economic growth rates in different stages of the economic reform and pre reform periods. |
…………………………Meng Lian and Wang Xiaolu(3) |
• The Reform of Property Right of Medium and Small-sized State-owned Enterprises and the Role of Governments in the Process of the Reform—A Study of the Reform of Medium and Small-sized State-owned Ente |
Abstract:The most important step in the reform of state owned onterprises in China is to restructure the unitary state owned and state managed property right.This proparty right reform is the first and key step in the state owned enterprises' institutional change,but it isn't the last and sole important step.After the first step in the property right reform,what can do in the further reform governments at different levels as the main concrete operating body?What is the gain or loss for governments?And which characteristics has their behavior?This paper has made an analysis based on the reform of medium and small sized state owned enterprises in Zhucheng city,Shandong provcnce as a case and on some principles of new institutional economics as a means.The reform in this county level city was selected as a case because of the following reasons:the first is the large scope and the great effect of the reform;the second is its value to study the large drop of the status and the role of governments in the reform;and the third is the enterprises' institutional change in Zhucheng continued after the state property right has been fundamentally restructured,so it is worthy to be further followed and studied. |
…………………………Huang Shaoan and Wei Jian(14) |
• Convergence an Divergence of Regional Economic Growth in China |
Abstract:To choose appropriate sectors to invest in is a key issue of the ongoing national strategy of going west,because a success of this strategy presumably depends upon whether there is a trend among growth rates of east,central and west to converge.This paper empirically reveals that there has appeared a trend of both club convergence and conditional convergence.The determents that impede western regions to converge with the east include:(1)lack of human capital,(2)market distortion,and (3)low degree of openness.accelerating the growth of the west implies that all the efforts should be devoted to build up a series of conditions to help a trend of regional convergence. |
…………………………Cai Fang and Du Yang(30) |
• A Study of the Regional Characteristics of China's Grain Production and Its Cause of Formation—An Empirical Analysis since the Market-oriented Reform |
Abstract:This paper attempts to describe the regional characteristics of China's grain production and to find out their main contributing factors since market oriented reform.Based on the dynamic computation and analysis of statistics of the respective proportion of the grain yield of 29 provinces in the total amount of China during 1982-1998,significant and stable regional characteristics are revealed.These characteristics can boil down to the fact that this proportion increases or decreases significantly in 15 provinces,to a certain extent in 7 provinces,it has no tendencies in other 7 provinces,and the longer the time span considered,the more the change of the regional distribution of this proportion.The analysis of econometrics shows that such factors as per capita cultivated land of rural China and the employment pull of non agricultural industries play important roles in bringing about the regional characteristics.The policy implications of the results of the paper are that the regional characteristics of grain production will still work in the foreseeable future and will have significant impacts on China's inter provincial grain trade and the regional policies of grain production. |
…………………………Wu Shanlin(38) |
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