In the process of industrialization, China has been a big agricultural country, and the agricultural sector＇s economic activities have been playing important role in economic growth. This paper established the invest...In the process of industrialization, China has been a big agricultural country, and the agricultural sector＇s economic activities have been playing important role in economic growth. This paper established the investment behavior model of agricultural enterprises on the basis of Chinese practice. And then, the model presented the important factors impacting on investment, such as financing cost, wage, and policy factors, etc. Thirdly, this paper in particular used R-studio to estimate the impact of fmancing cost and policy factor on investment and capital accumulation of primary industry sector by gathering the data from 2003 to 2013. The results showed that the official interest rate of loans of financial institutions could be the proxy variable as the financing cost of agricultural enterprises, and the employment level of agricultural enterprises had negative impact on investment. Finally, this paper provided some explanations and suggestions on the basis of above results.展开更多
Much research has been devoted to examination of the financial easing policy of the European Central Bank(ECB).However,this study is one of the first to use a dynamic micro-founded model to investigate empirically the...Much research has been devoted to examination of the financial easing policy of the European Central Bank(ECB).However,this study is one of the first to use a dynamic micro-founded model to investigate empirically the impact of the ECB’s Quantitative Easing(QE)policy on consumption and investment by economic agents in Italy(households,government,firms,and the rest of the world).For this purpose,we constructed a Financial Social Accounting Matrix(FSAM)for the Italian economy for the year 2009 to calibrate a dynamic computable general equilibrium model(DCGE).This model allowed us to evaluate the direct and indirect impact of money flow on the behavior of consumption and investment.The findings of the study confirmed the positive impact of the ECB’s monetary policy on the level of investment and consumption.展开更多
Investment helps companies achieve innovation. Efficient investments often do more with less. Manufacturing enterprises should pay more attention to the issue of investment efficiency, seize investment opportunities a...Investment helps companies achieve innovation. Efficient investments often do more with less. Manufacturing enterprises should pay more attention to the issue of investment efficiency, seize investment opportunities and achieve efficient investment. Due to the continuous increase of borrowing costs in the financial markets, enterprises are getting more and more difficult to raise funds from the outside, so more and more enterprises are turning their attention to the financially redundant resources within the enterprises. Making good use of financially redundant resources will help enterprises solve the financing difficulties and enable them to have sufficient funds for investment activities and lay the foundation for sustainable development.展开更多
Urban investment bonds are another financing method designed by local governments in China to avoid the legal restrictions of urban economic construction, especially urban infrastructure construction under specific ec...Urban investment bonds are another financing method designed by local governments in China to avoid the legal restrictions of urban economic construction, especially urban infrastructure construction under specific economic environment. Although the issuance of urban investment bonds has eased the financing difficulties of local governments to a certain extent, the credit risk of urban investment bonds has gradually emerged due to the rapid increase in the number of urban investment companies and the expansion of the debt scale. In the borrowing process, not only the local government has expanded the land finance, but also the financial transparency has decreased, which will affect the regional economic development level, the urbanization process and the financial and credit status of the city investment companies themselves. Therefore, first of all, the local government should promote the improvement of the tax system, reduce the government's reliance on land finance, actively enhance the government's financial transparency, reduce the information asymmetry between bond issuers and market investors, and reduce the debt risk. Secondly, for the sake of stable growth of local economy, over-investment and development of cities should be avoided. Finally, standardize enterprises to increase credit guarantee, avoid false credit guarantee, and improve the system of public disclosure of corporate financial risk information and the role of third-party market capital in strictly guarding the market, providing a more reliable capital guarantee for the issuance and operation of China's bond market.展开更多
1 Introduction.Selecting mutual funds is a major challenge for ordinary investors due to the vast number of available options and diverse investment preferences.Existing methods to support fund selection heavily rely ...1 Introduction.Selecting mutual funds is a major challenge for ordinary investors due to the vast number of available options and diverse investment preferences.Existing methods to support fund selection heavily rely on extensive user investment behavior data[1].Furthermore,current online fund selection platforms primarily offer basic sorting based on Rate of Return,neglecting the individual preferences of typical investors.展开更多
文摘In the process of industrialization, China has been a big agricultural country, and the agricultural sector＇s economic activities have been playing important role in economic growth. This paper established the investment behavior model of agricultural enterprises on the basis of Chinese practice. And then, the model presented the important factors impacting on investment, such as financing cost, wage, and policy factors, etc. Thirdly, this paper in particular used R-studio to estimate the impact of fmancing cost and policy factor on investment and capital accumulation of primary industry sector by gathering the data from 2003 to 2013. The results showed that the official interest rate of loans of financial institutions could be the proxy variable as the financing cost of agricultural enterprises, and the employment level of agricultural enterprises had negative impact on investment. Finally, this paper provided some explanations and suggestions on the basis of above results.
文摘Much research has been devoted to examination of the financial easing policy of the European Central Bank(ECB).However,this study is one of the first to use a dynamic micro-founded model to investigate empirically the impact of the ECB’s Quantitative Easing(QE)policy on consumption and investment by economic agents in Italy(households,government,firms,and the rest of the world).For this purpose,we constructed a Financial Social Accounting Matrix(FSAM)for the Italian economy for the year 2009 to calibrate a dynamic computable general equilibrium model(DCGE).This model allowed us to evaluate the direct and indirect impact of money flow on the behavior of consumption and investment.The findings of the study confirmed the positive impact of the ECB’s monetary policy on the level of investment and consumption.
文摘Investment helps companies achieve innovation. Efficient investments often do more with less. Manufacturing enterprises should pay more attention to the issue of investment efficiency, seize investment opportunities and achieve efficient investment. Due to the continuous increase of borrowing costs in the financial markets, enterprises are getting more and more difficult to raise funds from the outside, so more and more enterprises are turning their attention to the financially redundant resources within the enterprises. Making good use of financially redundant resources will help enterprises solve the financing difficulties and enable them to have sufficient funds for investment activities and lay the foundation for sustainable development.
文摘Urban investment bonds are another financing method designed by local governments in China to avoid the legal restrictions of urban economic construction, especially urban infrastructure construction under specific economic environment. Although the issuance of urban investment bonds has eased the financing difficulties of local governments to a certain extent, the credit risk of urban investment bonds has gradually emerged due to the rapid increase in the number of urban investment companies and the expansion of the debt scale. In the borrowing process, not only the local government has expanded the land finance, but also the financial transparency has decreased, which will affect the regional economic development level, the urbanization process and the financial and credit status of the city investment companies themselves. Therefore, first of all, the local government should promote the improvement of the tax system, reduce the government's reliance on land finance, actively enhance the government's financial transparency, reduce the information asymmetry between bond issuers and market investors, and reduce the debt risk. Secondly, for the sake of stable growth of local economy, over-investment and development of cities should be avoided. Finally, standardize enterprises to increase credit guarantee, avoid false credit guarantee, and improve the system of public disclosure of corporate financial risk information and the role of third-party market capital in strictly guarding the market, providing a more reliable capital guarantee for the issuance and operation of China's bond market.
基金supported by the National Natural Science Foundation of China(Grant No.62132017)the Zhejiang Provincial Natural Science Foundation of China(No.LD24F020011)+1 种基金the Key R&D“Pioneer”Tackling Plan Program in Zhejiang Province(No.2023C01119)the“Ten Thousand Talents Plan”Science and Technology Innovation Leading Talent Program of Zhejiang Province,China(No.2022R52044).
文摘1 Introduction.Selecting mutual funds is a major challenge for ordinary investors due to the vast number of available options and diverse investment preferences.Existing methods to support fund selection heavily rely on extensive user investment behavior data[1].Furthermore,current online fund selection platforms primarily offer basic sorting based on Rate of Return,neglecting the individual preferences of typical investors.
