Table of Content 期刊目录

Volume 1. Number 1. 2008

1. Profitability of China''''s industrial firms (1978-2006)。。。。。Page 1 – 31 
Authors: Feng Lu;  Guoqing Song;  Jie Tang;  Hongyan Zhao; Liu Liu

2. China: Towards a new model of development。。。。。。。。。。。。。Page 33 – 52 
Author: Joseph E. Stiglitz

3. Growth of China''''s foreign exchange reserve。。。。。。。。。。。Page 53 – 62 
Authors: Zhang Shuguang; Zhang Bin

4. The Needham puzzle, the Weber question, and China''''s miracle: Long-term performance since the Sung dynasty。。。。。。。。。。。。。。。。。。。。。。。Page 63 – 95 
Author: Justin Yifu Lin

5. What is the real size of China''''s economy?。。。。。。。。。。。。Page 97 – 105 
Authors: Dianqing Xu; Christer Ljungwall

6. Economic growth, the nature of growth and poverty reduction in rural China。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。Page 107 – 122 
Authors: Jikun Huang;  Qi Zhang; Scott Rozelle 
 
Article Abstract 文章摘要

1. Profitability of China''''s industrial firms (1978-2006)
Authors: Feng Lu; Guoqing Song; Jie Tang; Hongyan Zhao; Liu Liu
pages 1 - 31 
Abstract:This paper measures nine indicators of profitability for the Chinese industrial firms during the period 1978-2006. In light of the results, it examines the issues such as the trend change of the Chinese profitability, difference of profitability between various categories of firms, impacts of inflation on the profitability calculated using the corporate accounting data, and comparison of profitability among China, Japan and US. Evidence found by the paper indicates the micro-economic underpinnings for the Chinese economic boom in recent years.  
Keywords: China''''s capital return; real economic profitability; international comparison of industrial profitability 
Link to the original text: http://www.informaworld.com/smpp/content~content=a788857851~db=all~order=page

2. China: Towards a new model of development
Author: Joseph E. Stiglitz 
pages 33 - 52 〈BR>Abstract:This essay argues that changes in China''''s circumstances require a different model for the Chinese economic development. Because China''''s circumstances are different from that of other countries, the model for China inevitably needs to be different from that of elsewhere. In line with the central ideas, the essay discusses extensive issues regarding China''''s economic development such as export growth model, innovation, property rights, tax policy, social insurance, etc.  
Keywords: Economic development; China''''s economic development; market mechanism; government intervention  
Link to the original text:http://www.informaworld.com/smpp/content~content=a788856121~db=all~tab=content~order=page

3. Growth of China''''s foreign exchange reserve
Authors: Zhang Shuguang; Zhang Bin 
pages 53 - 62 
Abstract: China''''s growing foreign exchange reserve is estimated to exceed $2 trillion by 2010. The purpose of its paper is to examine its impact on the balance sheet of the Chinese central bank, the money supply and the bond market. The paper will then move on to discuss its social welfare effect by comparing the estimated future return of the foreign exchange reserves with its opportunity costs measured by the potential return of domestic investments.  
Keywords: Foreign exchange reserves; monetary mismatch; social welfare  
Link to the original text:http://www.informaworld.com/smpp/content~content=a788884311~db=all~tab=content~order=page

4. The Needham puzzle, the Weber question, and China''''s miracle: Long-term performance since the Sung dynasty
Author: Justin Yifu Lin 
pages 63 - 95 
Abstract: This paper attempts a brief overview of China''''s economic performance since the Sung dynasty. It discusses Chinese long economic stagnation since the Sung dynasty and explores the reasons why it was quickly lagging behind western countries from the 1800s. It explains why the industrialization and modernization led by Chinese government from 1949 to 1978 failed in narrowing the gap between China and the developed countries. It examines Chinese rapid economic growth during its reform and opening up period.  
Keywords: Economic development strategy; China''''s economic history; comparative advantage  
Link to the original text:http://www.informaworld.com/smpp/content~content=a788864109~db=all~tab=content~order=page

5. What is the real size of China''''s economy?
Authors: Dianqing Xu; Christer Ljungwall 
pages 97 - 105 
Abstract: On 20 December 2005, China''''s National Bureau of Statistics adjusted China''''s nominal GDP by CNY 2.3 trillion. The bulk of this upward adjustment was attributed to improved coverage of value added by services. The service industry now makes up 40% of GDP. Based on previous studies and other observations, this paper point outs that there is still significant underreporting of the service industry and, hence, China''''s GDP is likely to be underestimated. We find a plausible share of service industry in GDP to be in the range of at least 45% to 55%.  
Keywords: China; national account  
Link to the original text:http://www.informaworld.com/smpp/content~content=a788858291~db=all~tab=content~order=page

6. Economic growth, the nature of growth and poverty reduction in rural China
Authors: Jikun Huang; Qi Zhang; Scott Rozelle 
pages 107 - 122 
Abstract: This paper examines some of the major driving forces of poverty reduction in China. Based on time series and cross-sectional provincial data, the determinants of rural poverty incidence are estimated. The results show that economic growth is an essential and necessary condition for nationwide poverty reduction. It is not, however, a sufficient condition. While economic growth played a dominant role in reducing poverty through the mid-1990s, its impact has diminished since that time. Beyond general economic growth, growth in specific sectors of the economy is also found to be effective in reducing poverty. The finding of our paper is consistent with the idea that poverty reduction in the future will need to be adjusted with more emphasis being given on direct targeting through helping the poor to increase their human capital and incomes.  
Keywords: Economic growth; agriculture;income distribution; rural poverty  
Link to the original text:http://www.informaworld.com/smpp/content~content=a788889292~db=all~tab=content~order=page