China’s M\-2/GDP ratio is high than of other major countries,our empirical study reveal that it is caused mainly by the declining of cash/M 2 Ratio,the rapid slowdown of currency circulating speed and the singular fi...China’s M\-2/GDP ratio is high than of other major countries,our empirical study reveal that it is caused mainly by the declining of cash/M 2 Ratio,the rapid slowdown of currency circulating speed and the singular financial assets.The high M\-2/GDP ratio implies that China is facing challenges such as the establishment of social welfare system,the dilution of non\|performing assets and the diversification of financial assets.The myth shall not be exaggerated as a hint of financial crisis.展开更多
Using spatial econometrics, the paper discuss spatial situation of urban services and the factors which cause spatial disparities of services development in china.National spatial Autocorrelation analysis tells servic...Using spatial econometrics, the paper discuss spatial situation of urban services and the factors which cause spatial disparities of services development in china.National spatial Autocorrelation analysis tells services cluster become more and more significant, and spatial services show significant core-periphery character.Southeastern china is core, and western and southwestern china is periphery. Not only per capita disposable income、 civilization level,、population density、industry development、labors in services、human capital、percent of advanced services、GDP density、and Opening、 Preferential policies but also services in neighbor cities have influence on spatial disparities of services.展开更多
文摘China’s M\-2/GDP ratio is high than of other major countries,our empirical study reveal that it is caused mainly by the declining of cash/M 2 Ratio,the rapid slowdown of currency circulating speed and the singular financial assets.The high M\-2/GDP ratio implies that China is facing challenges such as the establishment of social welfare system,the dilution of non\|performing assets and the diversification of financial assets.The myth shall not be exaggerated as a hint of financial crisis.
文摘Using spatial econometrics, the paper discuss spatial situation of urban services and the factors which cause spatial disparities of services development in china.National spatial Autocorrelation analysis tells services cluster become more and more significant, and spatial services show significant core-periphery character.Southeastern china is core, and western and southwestern china is periphery. Not only per capita disposable income、 civilization level,、population density、industry development、labors in services、human capital、percent of advanced services、GDP density、and Opening、 Preferential policies but also services in neighbor cities have influence on spatial disparities of services.
