The equalization of basic public services which helps to meet people’s ever-growing needs for a better life is an important component of the supply-side structural reform under the new normal. This paper constructs the mechanism model and index of basic public services equalization, measures the equalization of education, health care and social se......

In the context of guarding against financial risks and deleveraging, government investment funds supplement the traditional government debt financing by market-based equity financing, which is regarded as the profound change of the government’s financial management idea and mode. In reality, the practice of China’s government investment funds is ......

As a key product of the Internet Age, sharing economy is still a kind of Internet technology in nature. Especially, big data technology reuses idle resources in society to create new market value. However, as a result of its unique developmental characteristics, sharing economy relying on big data technology faces various problems, such as informat......

As a policy tool of income redistribution, fiscal expenditure cannot change the unfair primary distribution caused by trade openness. Moreover, the effect of trade openness on the scale of fiscal expenditure distorts its income redistribution effect. This paper’s empirical analysis shows as follows. (1) Both fiscal expenditure and trade openness e......

Considering the important role the demand from manufacturing has played in the development of producer services, this paper analyzes the influence mechanism of manufacturing demand on producer services efficiency through two channels, which are the scale effect and innovation incentives. Meanwhile, the paper also evaluates the moderating effect of ......

Since 2015, the supply-side structural reform has promoted the transformation of China’s economy to high-quality development with “capacity reduction, de-stocking, deleveraging, cost reduction and improving underdeveloped areas” as the main line. This paper constructs the supply-side composite index and the supply-side reform index to track the ......

On the basis of determining the international comparison method and framework of the real estate market, this paper makes a comparative analysis on the development of China’s real estate market and those of some comparable countries (or regions). The prominent problem of the real estate market in our country is the rapid rise of urban house price ......

Recently, the policy of relaxing the “two-child” birth control has obviously met a “cold” response, and China’s population growth is facing a huge risk of “cliff-type”decline. Using text analysis and quasi-experimental method, this paper theoretically and empirically demonstrates the change of fertility costs in urban and rural areas and its......

This paper reveals the effect of Chinese-style fiscal decentralization on regional total factor productivity (TFP), i.e., whether it leads to a race to the bottom or a race to the top. Theoretical analysis shows that Chinese-style fiscal decentralizations affects technological progress by changing the conditions of resource allocation. The empirica......

Taking provincial panel data of China as the sample, this paper simulates and analyzes the potential effect of carbon emissions trading in China under the condition of unconstrained and constrained respectively. The results are as follows. (1) As the theoretical basis of carbon trading, the shadow price of carbon dioxide is inclined to rise general......