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Compared with mature market economy countries, China is an emerging market country. It is helpful to better guide the fiscal policy of China's higher education by analysis of the fiscal policy at the stage of emerging market economy. Based on the fiscal policy analysis of international higher education, this paper argues that in China's transitional process to a market economy, fiscal policy of China's...
In this paper, we study an order-driven stock market where agents have heterogeneous estimates of the fundamental value of the risky asset. The agents are budget-constrained. Their value-based trading strategy in which buys or sells depend on whether the price of the asset is below or above its risk-adjusted fundamental value. We assume that investors' optimal demand for the risky asset depends on...
Evaluating the impacts of rural road investment projects is a key content in the rural roads post-evaluation. A good rural road investment project impact evaluation provides the basis for sound policy making. However, because of the lacks of impact evaluation activities and methodology, it has been difficult to know how opportunities provided by rural roads actually filter back into beneficiary outcomes...
Research and Development (R&D) is one major source of creating new knowledge and improving technology, and has a deep influence over economic development. Through a factor-analysis of the comprehensive indexes that compose economic growth, and through a regression analysis and a cluster analysis of R&D related data from 31 provinces in China, we found that the patent output of universities...
English education has become a key issue in education in China. This article establishes a model for cost of English education investment, analyzes the current situation of English education investment in China, and finds out the problems in English education. In this article, the author presents several measures like extensive mobilization of multiple subjects to involve in English education investment,...
Many countries have carrying out study for its own development index system. However, because of the countries, provinces and regional differences, development indicator system established in various regions is not operable for other regions. For Yunnan Province, as a border and minority areas, need to establish its own accepted development index system required for comparable, operability, comprehensive,...
China is speeding up industrialization, and the information technology could facilitate the industrialization and IT industry is becoming the strategic industry for China. As the foundation of the Chinese IT industry is weak, the ability of independent innovation of it is limited. The main purpose of this paper is to study how to improve the independent innovation ability of the Chinese IT industry...
The organizational structure of R&D institutions is more inclined to localize, which is bound to have some certain interactions with the main bodies of China's regional innovation system. The paper selects the relevant data of China in 2007, analyzing the interactive situations between transnational corporations' R&D institutions and the main bodies of China's regional innovation system. Summarize...
This paper construct the model of the small and medium-sized enterprises independent innovation system. Through empirical analysis on the SMEs innovation system of the Jilin Province, we found there are some phenomenon in the process of the creation and development of SME's innovation systems such as not obvious motivation, indifference innovative culture, insufficient innovation investment and imperfect...
This paper utilizes Moran's I Index to investigate the spatial correlation of the regional technology innovation in China. Referring to the knowledge production function (KPF) by Griliches-Jaffe and the spatial lag econometric models based on Panel Data, the effects of four domestic factors is checked through the panel data of 29 provinces (cities/municipals) for the period 2000~2008. The study has...
Based on the existing literatures, this paper defines and classifies the effectiveness of new campus construction of colleges and universities. Then, we discuss the relationship between different kinds of effectiveness, and analyze the generation mechanism of the effectiveness.
With the enlarged undergraduates' enrollment, their employment is becoming a serious issue. It causes some high school graduates to give up the chance go to colleges and universities to lower their personal educational investment risks (PEIR). PEIR was analyzed from three aspects: the risk to choose wrong majors, the risk of not getting a job after graduation, and the risk to study at higher educational...
Paper develops an endogenous model to analyze the impact of education on total factor productivity. The econometric model including education expenditure, education spillovers and productivity is established. Using Malmquist productivity index method, the total factor productivity can be decomposed into technological efficiency and technological progress. Paper employs the panel data set in China...
Students entrepreneurship has aroused wide concern at present in China, while, as the lack of funds and experience, students often had a hard time during the star-up period. Thus, the business incubator cooperated with the universities become and useful aid for student entrepreneurs. According to the case study on the typical universities incubators in Wuhan and Wenzhou, it was founded that the resources...
There is obvious regional diversity in the development of basic education in China. To promote the development of the basic education, government must strengthen the responsibility and play the role of macro coordination. In a word, the government should respond to the development of the basic education. In addition, the system of investment in the basic education should be also improved. Though the...
This paper measures educational equity and efficiency in different regions of China by newly statistic data, and an empirical analysis of the relation between educational equity and efficiency is carried out. The major conclusions are as follows: There is an invert-U shape curve between educational equity and efficiency, namely educational efficiency has decreasing marginal effect to educational equity,...
We test the factors which affect the executive equity-based incentive levels after equity division reform, and get a different conclusion from prevenient domestic research. The equity-based incentive levels are significant negative correlation with equity concentration, the character of controlling shareholder, the proportion of independent directors and the enterprise scale. The equity-based incentive...
At present the rural public service facilities in our country is scarce and human settlement allows of no optimist. This paper discusses the difference between rural public service facilities and urban infrastructures based on the connotation and attributes of rural public service facilities, and analyzes such problems in the process of building rural public facilities as backward facilities, insufficient...
This paper analyzes the status quo of investment in on-the-job training based on the field data from large and medium- sized enterprises in Wuhan City, China. Major findings include: (1) there is a lack of high-tech employees with a great demand for on-the-job training, (2) insufficient attention is paid to on-the-job training by enterprises and, (3) the methodology of training is inappropriate and...
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