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25 December 2019, Volume 0 Issue 6 Previous Issue    Next Issue

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Has Fiscal Expenditure on Science and Technology Enhanced the Intensive Level of Economic Growth—An Empirical Test Based on Provincial Panel Data Li Nan, Deng Li 2019, (6):  5-15.  doi: 10.16716/j.cnki.65-1030/f.2019.06.001 Abstract ( )   PDF (913KB) ( )   Save As China's economy has entered a period of new normal, enhancing the intensive level of economic growth is an inherent requirement of achieving high-quality economic growth. As an important means for the government to allocate scientific and technological innovation resources as well as support the technological innovation activities, financial expenditure on science and technology has an important impact on improving the intensive level of China's economic growth. However, few literatures have paid attention to this issue. This paper theoretically reveals the dual impacts of fiscal science and technology expenditure on the intensive level of economic growth, and adopts the provincial panel data from 1996 to 2018 to construct a dynamic panel model for empirical testing. The results show that, firstly, China's fiscal expenditure on science and technology promotes the intensive level of economic growth; secondly, fiscal science and technology expenditure in the eastern, central and western regions has different policy effects on the intensive level of economic growth. Fiscal science and technology expenditure in the eastern region has played a significant role in promoting the intensive level of economic growth, while fiscal science and technology expenditure in the central and western regions has no significant impact on the intensive level of economic growth. In order to enhance the efficiency of China's scientific and technological innovation as well as promoting the transformation of economic growth mode, it is suggested to appropriately expand the scale of fiscal expenditure on science and technology, optimize the structure of fiscal expenditure on science and technology, moderately strengthen the central transfer payments to the middle and west regions as well as constantly improve the constraint mechanism and supervision mechanism of local government financial expenditure on science and technology. References | Related Articles | Metrics

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International Capital Flows: Trends Analysis and I mplications for China Zhao Xianli 2019, (6):  16-27.  doi: 10.16716/j.cnki.65-1030/f.2019.06.002 Abstract ( )   PDF (3103KB) ( )   Save This paper systematically sorted out the trends and characteristics of international capital flows in the world, devel-oped economies, developing economies and China, and found that the total amount of global capital flows tends to be stable, the FDI flow is stable and slightly fluctuates, and the net inflow of securities investment turns to net outflow. The financial balance of developed and developing economies shows an opposite trend, and the volatility of direct investment flows is also different. The flow of international capital in China fluctuates in both directions. The enlightenment brought by the trend and characteristics of international capital flow is that China should adhere to the principle of discretion and steadiness and neutral-ity, and grasp the rhythm of international capital management; the internationalization of RMB should not force the capital ac-count to be opened up too quickly; from the international and domestic levels to prevent and defuse the risk of large-scale in-ternational capital flow; strengthening financial policy coordination among countries. References | Related Articles | Metrics

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Measurement and Analysis of Urban and Rural Integrated Development — Take Gansu Province As an Example Zhang Bowen 2019, (6):  28-36.  doi: 10.16716/j.cnki.65-1030/f.2019.06.003 Abstract ( )   PDF (893KB) ( )   Save Forming a new pattern of integration of urban-rural economic and social development is very important. This paper selects 18 indicators from three aspects planning to build a comprehensive evaluation index system of urban-rural integration, and uses principal component analysis to evaluate the level of urban-rural integration of Gansu Province in 2008-2017 and 14 cities and prefectures in 2008 and 2017. Therefore, this paper puts forward some countermeasures ang suggestions,such as strengthening the planning guidance,strengthening the economic strength of the county,and implementing the strategy of rural vitalization. References | Related Articles | Metrics

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Farmers' Risk Preference, Risk Perception and Decision Making of Rice Production Outsourcing—Based on the Survey of Rice Growers in Jiangsu Province Xu Jianling, Chu Yifei, Gu Haofeng 2019, (6):  37-50.  doi: 10.16716/j.cnki.65-1030/f.2019.06.004 Abstract ( )   PDF (1248KB) ( )   Save This paper uses the survey data of rice growers in Jiangsu Province to empirically test the relationship between risk attitudes and farmers' decision-making of outsourcing and to explore the mediating effect of risk perception in the process of risk preference affects outsourcing decision making. The results show that the outsourcing behavior of rice high-risk production is affected by farmers' risk bias. The low-risk production chain outsourcing does not show this feature; the improvement of outsourcing risk cognition level will promote the outsourcing degree of rice production; risk preference affects the decision-making of outsourcing by influencing risk cognition, that is, the mediating role of risk cognition is obvious. Therefore, in order to improve the agricultural outsourcing, in addition to providing corresponding outsourcing services, the government also needs to promote the risk awareness of outsourcing by means of policy publicity and knowledge popularization. References | Related Articles | Metrics

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The Influence of Science and Technology Application on Social Group Perception and Its Significance Xu Cheng-an, Zhu Chenzhi, Zhuang Shangwen 2019, (6):  51-59.  doi: 10.16716/j.cnki.65-1030/f.2019.06.005 Abstract ( )   PDF (929KB) ( )   Save The mastery of science and technology by social agents will influence their perception of social group through the promotion of objective social status and subjective social identity. Based on the data of China Social Situation Survey (CSS) in 2015, this paper uses OLS model and Oprobit ranking model to make an empirical study of the technology’s influence on the social group perception and finds that there is a significant consistency between the mastery of science and technology and public perception of social group and application of science and technology has a significant positive effect on the public perception of social group. The results of sub-sample regression show that with the development of economy, the influence of science and technology application on social group perception has been approaching between urban and rural areas. Compared with women, technology application has a more significant effect on male social group perception. Moreover, the effect of technology application on the social group perception of the 31-55 age groups is stronger than that of other age groups. References | Related Articles | Metrics

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An Analysis of Trade Structure and Trade Competitiveness of Agricultural Products in Sino-Central Asian Countries Yang Lihua, Gong Enmin 2019, (6):  60-69.  doi: 10.16716/j.cnki.65-1030/f.2019.06.006 Abstract ( )   PDF (1279KB) ( )   Save Under the background of continuous trade friction between China and the United States, the pattern of China's agr-products foreign trade will face great changes and reshaping, and consequently it is inevitable to develop a new alternative market for agricultural trade. Central Asia area not only borders with China, but also is pioneered by Belt and Road Initiative and has a special strategic position. With the continuous expansion of agricultural trade scale between China and the five Central Asian countries, the trade structure has also undergone significant changes. According to the HS code of UN COMTRADE of United Nations, this paper discussed the agricultural trade structural evolution of Sino-Central Asia in term of three dimensions: export structure, import structure and country structure. Moreover,we measured the competitiveness of agricultural products in 27 subdivision industries by using TC index, and expounds the evolution of their competitiveness. Accordingly this paper put forward some countermeasures and suggestions for optimizing the trade structure and improving the competitiveness of subdivision industries. References | Related Articles | Metrics

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The Influence of "the Belt and Road Initiative" on Economic Growth in Western China—— Based on PSM-DID Method Duan Xiufang, Kou Minglong 2019, (6):  70-78.  doi: 10.16716/j.cnki.65-1030/f.2019.06.007 Abstract ( )   PDF (962KB) ( )   Save Based on the provincial panel data from 1994 to 2017, using difference in PSM-DID method, this paper analyzes the economic growth effects in western China under "the Belt and Road"initiative.The empirical analysis has found that "the Belt and Road" Initiative promotes the growth of GDP in western China significantly. Furthermore, by analyzing the transmission mechanism, this paper shows that the promotion of industrialization level and the optimization of industrial structure are the main driving forces to promote the GDP of the western regions along the Belt and Road. Therefore, it is of great necessity for western China to take the new industrialization road, accelerate the development of the tertiary industry and attract foreign cap-ital to promote the economic growth in different cities and provinces. References | Related Articles | Metrics