Abstrat:Based on systematic analysis on the developing trend of Chinese rural migrant workers and selective factors that influence solving the problem concerning rural migrant workers,this paper has designed a model of migrant workers flow between rural and urban areas,and populations settlement in cities,and then it describes a curve that indicates migrant workers city settlement trend.Finally,the historical process and the basic method to solve the problem concerning rural migrant workers have been drawn.The conclusion of this paper is that the rural migrant worker problem is the attribute of the strategy so that it will accompany Chinas entire modernization process.Moreover,the problem will terminate correspondingly with the ending of modernization,which would happen around 2050 as an ending point.The rural migrant workers are engaged in both farming and non-farming jobs,sometimes staying in urban areas and sometimes staying in rural areas,in order to obtain mobile employment and gradually transfer into non-farming industry and urban areas.To solve the migrant workers problem,the strategy of overall and balanced development between urban and rural areas should be carried out and the policy that industry fosters agricultures development in reverse and urban areas support to rural areas should be adhered to.Furthermore,with the motivation of institution reform and policy innovation,elimination of the urban-rural dual structure should be gradually strived for.The human-centeredness principle and fair treatment to both urban and rural population should be established.

Abstrat:After 12 years sustained and rapid growth,Chinas tax revenue is exhibiting a more robust increasing trend at the beginning of the 11 th Five-year Plan period,which has aroused more significant implications for macroeconomic operation and the overall economic and social development course.Starting from an analysis of the relation between tax revenue and current tax system,the paper is intended to find out the unusual factors supporting Chinas sustained and rapid tax increase.Under this basis and by adopting a particular perspective,the paper focuses on,one by one,several major issues resulted from the sustained and rapid tax increase,provides policy judgments and puts forward relevant policy recommendations.

Abstrat:There are by and large five approaches to socialist economy transition so far:the rapidity analysis of “radicalness-gradualness",the quantitative analysis of “target-index",the conjunction analysis of “politics-economics",the economic analysis of “cost-benefit",and the positive analysis of “course-performance".There are both rationality and obvious limitation in these approaches.This paper argues that the Marxist institutional approach based on the scientific world view of Historical Materialism is the scientific approach to socialist economy transition.Therefore,this paper analyses socialist economy transition thoroughly and systematically with Marxist institutional approach,namely,the analysis of “mode of production-social structure".The basic viewpoints of this paper are as follows:Socialist economy transition is substantially the transformation of social economy structure namely form of production and production relationship,the root of the transformation lies in the inherent contradiction of traditional socialist mode of production and social economy structure,and the trend of the transformation is consequentially constructing modern socialist pattern adaptive to market economy.

Abstrat:Although FDI is widely believed to have a positive effect on economic growth,the exact mechanism of how FDI impacts upon the development process of the newly industrializing economies is far from being well understood.This paper presents and tests two hypotheses on the role of FDI in economic growth from a newly industrializing economys perspective.First,FDI is a mover of production efficiency because it helps reduce the gap between the actual level of production and a steady state production frontier.Second,FDI being embedded with advanced technologies and knowledge is a shifter of the host countrys production frontier.Due to its dual role as a mover of production efficiency and a shifter of production frontier,FDI is a powerful driver of economic growth for a newly industrializing economy to catch up with the worlds most advanced countries.Chinas economic success over the past decades provides an ideal example to test the hypotheses.

Abstrat:This paper analyzes the mechanics of capital expenditure decentralization and public capital investment composition on economic growth by setting up a two-sector endogenous growth model dividing capital expenditure decentralization into physical capital and human capital expenditure decentralization.The theoretical analysis suggests there are hump-shaped curve linking the economic balance growth rate and physical capital and human capital expenditure decentralization as well as public capital investment composition and thus growth-maximizing value for physical capital and human capital expenditure decentralization as well as public capital investment composition.On the other hand,We analyze the effects of capital expenditure decentralization and public capital investment composition on economic growth based on data in China.The positive analysis suggests that the share of public physical capital investment to public capital investment is lower and capital expenditure decentralization are high,which has significant implies for the allocation of public capital investment in China.

Abstrat:After analyzing how human capital return related to income disparity,the paper estimated educational return and how it varies by educational attainment and income distribution.It is found that the average educational return is about 4.34%,but it varies with educational attainments and income distribution.The educational return is about 8.9% for the senior high school and above,which is 2 times more than the average educational return.Meanwhile,educational return seems to increase with income level,the people with the 95% highest income seems to be able to get two times more than those with the 5% lowest income from increase of one year schooling.As a result,the Mathew effect seems existing among income,education and educational return,which suggests that income disparity is perhaps not reduced unless the low income people would be able to improve their educational attainments faster than the average.

Abstrat:Using a sample of 1320 households in 48 Chinese villages,this paper studies the reason of the income inequality in rural China.By means of the non-parameters method to estimate the income function,to main finding includes:The human capital is the main reason to enlarge the income inequity;the physical assets including land have no significance impacts on income inequity and in each different income quintile groups,the human capital have larger impact on household income than physical assets.

Abstrat:Using a large online transaction dataset from Eachnet,this paper empirically examines the effect of seller reputation on market transactions.We find that seller reputation has a significantly positive impact both on the probability of successful transaction and on the transaction price.As a major finding of our paper,we also show that the positive effect on the probability of successful transaction seems to be larger than that on the transaction price.These findings provide evidence on positive role of reputation in a laissez faire virtual market.

Abstrat:It is generally believed that the scalping of railroad ticket originates from price regulation because there are arbitrage opportunities when ticket price is lower than the equilibrium level.This paper,however,shows that arbitrage opportunities still exist even in a market with equilibrium ticket price under certain circumstances.Raising ticket price is not only helpless to restrain scalping but also harmful to low-income consumers welfare.We developed a two-period ticket pricing model which is not only effective on restraining scalping but also favorable to social welfare.

Abstrat:Based on the understanding of the relationship between cognition,behavior and institution,using the framework of the levels of preference,we analyse the transition of governing the commons which owned neither by household privately nor by the public,but shared in communities.Then we review the cognitive state in the transition of governing the Commons by statistical inference:stimulated by signals from a compound situation during transition period,individuals outside level of preference and cognitive state arises conflict,i.e.preferring to gain the decision-making right of the commons while aversing from the matching duty of providing.Analysis of variance and comparison shows,there is no significant difference between two groups of cross sectional data.According to the change of the value of the concerned variables,the adjusting of individual cognitive state will be propitious to the transition of governing the commons.

Abstrat:Intuitionally,the effectiveness of the supervisory practice in Chinas stock market from 1873 to 1949 would be very poor.However,what was the real scene in that time,and to what extent would the weakness of the regulatory power be From 5 dimensions including the emergence of regulators,law making,law enforcement,the state control of stock exchanges,and crisis management,this paper examines the supervisory history during this period.We find that,1by quick law transplant from other countries,the central government used to make relatively complete law system for the market while the effectiveness of enforcing these laws was rather bad all along,2the administrative management played a core role in the multi-layer supervisory framework,3there were never a complete and strict mandated disclosure to be set up during this period,and the limited attention was paid to how to control the market to ensure it works on the governments requests.This structural feature can be explained by an equilibrium analysis of fight-poison-with-poison institutions:powerful governmental force which can easily deprive enterprises properties may promote many firms to go public with hidden information;serious information asymmetry in the stock market then affects negatively the effectiveness of rule of law;at last,the failure of rule of law enhances the governmental force again.