首页> 外文会议>2005年中国国际金融年会 >The Real Effects of Capital Market Liberalization: Empirical Evidences from Emerging Economies and Implication to China
【24h】

The Real Effects of Capital Market Liberalization: Empirical Evidences from Emerging Economies and Implication to China

机译:资本市场自由化的实际效果:新兴经济体的经验证据及其对中国的启示

获取原文

摘要

We provided an empirical analysis on the real effects of capital market liberalization on economic growth in emerging economies, and found that the openness associated with small but significant increase in macroeconomic growth through the transmission mechanism that permanently promoting the financial development level, and otherwise, potential and significant enhancement in fluctuation by the way that temporarily spurring private investment and consumption. That means, also to China’s capital market, liberalizations are compositely beneficial and complexly difficult.
机译:我们对资本市场自由化对新兴经济体经济增长的实际影响进行了实证分析,发现开放性与通过永久性地促进金融发展水平的传导机制以及宏观经济增长的小幅但显着的增长相关,否则会带来潜在的增长。通过暂时刺激私人投资和消费的方式来显着增加波动。这也意味着,对于中国的资本市场而言,自由化在总体上是有利的,而且也非常困难。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号