主管:教育部
主办:中国人民大学
ISSN 0257-2826  CN 11-1454/G4

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    New Development in Empirical Studies of Growth Theory in the West
    LIU Feng-liang
    Teaching and Research    2004, (7): 43-49.  
    Abstract1139)      PDF(pc) (2711KB)(1665)       Save
    This is a review of the development of empirical studies in growth theory from the perspectives of growth accounting, hypothesis of convergence, and determinants of economic growth. The mutual influence of development of growth theory and empirical research concerning it is analyzed, and major conclusions are evaluated. Current problems and future perspectives of empirical studies in growth theory are also discussed.
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    Modern Investment Theory in the West and Prospect of Its Application in China
    LIU Feng-liang, LIU Ming-xing
    Teaching and Research    2000, (2): 64-69.  
    Abstract1195)      PDF(pc) (1006KB)(1645)       Save
    To understand the macroeconomic characteristics of investment, we should study the micro-foundation of investment behavior and its relationship with the investment in aggregate. Under circumstances of market economy, it is the firms that play the major part of investment aimed at formation of the capital. Therefore, the theory of their investment behavior becomes an important basis for research in investment theories. This article offers a survey of the development of theories in investment behavior in the past hundred years. In it the author attempts to explain the connotation of the theory, outline the trace of thoughts, and summarize the method of analysis. Weaknesses and future tendency are also discussed. The author is optimistic about the prospect of applying the Western modern investment theories in China.
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