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- W2373533422 abstract "The entry of WTO will definitely enhance the liquidity and influence the moving pattern of international capital flow in China.In this paper,choosing the data from China,United State and Japan,under the hypothesis of real interest rate equilibrium,we examine and compare the sample country's consumption pattern and get the empirical evidence that international capital flow in China is not entirely free,all of which due to the barrier in entering the international market and the insufficient integration.Considering of the fact that China's nominal interest rate,exchange rate and capital market are still under control,vigorous measures such as deepening the domestic financial reform and opening the capital market step by step should be taken so as to enhance the liquidity of international capital flow,to maintain the fast economic growth rate and to improve the general resource allocation efficiency." @default.
- W2373533422 created "2016-06-24" @default.
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- W2373533422 date "2006-01-01" @default.
- W2373533422 modified "2023-09-25" @default.
- W2373533422 title "The Measurement and Test for China's Capital Flows:Evidence from Comparisons of Consumption Patters in US,Japan and China" @default.
- W2373533422 hasPublicationYear "2006" @default.
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