本期英文提要(ABSTRACTS).docVIP

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本期英文提要(ABSTRACTS)   Economic Analysis of Whether Redistribution of Income Policy can Match Efficiency with Fairness(4)   Geng Lin (School of Labor and Human Resources, Renmin University of China, Beijing 100872)   Ye Min (Zhejiang University Press, Hangzhou 310028)   Abstract: The question whether redistribution of income policy can match efficiency with fairness has been arguing for a long time. The answer to this question not only has profound theoretical significance, but also has important policy implication. This thesis discussed the question by constructing a formal theoretical model, and obtained a key conclusion that the redistribution policy could match efficiency with fairness under some conditions, but failed under other conductions. The conclusion implicates that if redistribution of income policy are designed reasonably according to the economic development level, the goal of matching efficiency with fairness can be achieved, otherwise, the policy will impede economic growth.   Key words: Redistribution of Income, Efficiency, Fairness   Have Regional Financial Distortion Differences been Promoting FDI Inflows? (11)   Zhang Liang, Zhou Shen (School of Economics, Nankai University, Tianjin 300071)   Abstract: With the increasing FDI inflows in China, scholars are focusing on whether current financial system is able to adapt to the influx of foreign investment. Using Chinas 28 provinces datum during 1990 and 2007, the paper analyzed the effects of financial distortion differences on the FDI inflows with the System GMM. Empirical study found that the financial distortion differences of whole China and the east, central and west regions significantly promoted the FDI inflows during 1990 and 2007. The financial distortion differences of whole China and the east regions significantly promoted the FDI inflows during 1990 and 1999, while the effects in the central and west regions were not obvious. The financial distortion differences of whole China and

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