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This paper extends the results obtained by Hwang et al. (1997) and Yang (2005) to the case of multi-domestic firms. Either the domestic government's budget constraint may be binding or there exists the social cost which caused by financing the export subsidy, we find that the policy of the...
Persistent link: https://www.econbiz.de/10008555979
In term of time and space, economic changes are non-ergodic, reform speed and equilibrium is determined by the characteristics of time and space. The great achievements of China's gradual reforms are by no means accidental, time-space dependence and non-ergodic economic changes is consistent...
Persistent link: https://www.econbiz.de/10015269100
Persistent link: https://www.econbiz.de/10012987794
This paper resolves the impacts of the deregulation of the household registration on the economic condition and the educational investment decision of the family into two parts: one part improves family members to adjust the allocation of time, thus increasing the family income; and the other...
Persistent link: https://www.econbiz.de/10015218739
In recent decades, several East Asian economies have been going through the demographic transition at rapid paces. With total fertility rates well below replacement ratio, it is no surprise that childless families have begun to emerge on a large scale. This poses new challenges not only to...
Persistent link: https://www.econbiz.de/10015221953
This study is encouraged to apply the methodology of economics to investigate the issue of gender selection of the traditional parents in China, which has been widely noted from the perspective of sociology. It is firstly argued that traditional society of China is a good object for economic...
Persistent link: https://www.econbiz.de/10015234009
This study is encouraged to apply the methodology of economics to investigate the issue of gender selection of the traditional parents in China, which has been widely noted from the perspective of sociology. It is firstly argued that traditional society of China is a good object for economic...
Persistent link: https://www.econbiz.de/10015235446
Persistent link: https://www.econbiz.de/10015212724