英语翻译Capital Flows and Domestic Market Integration in ChinaIn Chapter one,using a unique data set on Chinese provincial savings and investment,I prove that the torrent of reports about the inadequacies of the Chinese financial system,accompani

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英语翻译CapitalFlowsandDomesticMarketIntegrationinChinaInChapterone,usingauniquedatasetonChineseprovinci

英语翻译Capital Flows and Domestic Market Integration in ChinaIn Chapter one,using a unique data set on Chinese provincial savings and investment,I prove that the torrent of reports about the inadequacies of the Chinese financial system,accompani
英语翻译
Capital Flows and Domestic Market Integration in China
In Chapter one,using a unique data set on Chinese provincial savings and investment,I
prove that the torrent of reports about the inadequacies of the Chinese financial system,
accompanied by studies claiming product and capital market segmentation,overlooks real
achievements.While my aggregate results parallel those of Boyreau-Debray and Wei (2002) and
others,I am able to assess the impact of financial innovation on capital flows outside the
government allocation mechanism.Stripping out foreign funds,government appropriations,and
officially influenced bank loans,I discover that inter-provincial commercial capital flows present
a strong trend toward market integration and their mobility pattern starts to bear resemblance to
interstate flows in the U.S.and other advanced nations.This result undercuts the widespread
view of China's economy as lacking in domestic integration.
Several emerging capital markets have adopted legally separated share markets (LSSM)
in which local firms market separate claims to the same underlying dividend flow to two distinct
sets of investors,domestic shareholders trading "A" shares with domestic currency and foreign
investors trading "B" shares with foreign currency.I utilize an experimental approach to show
that information transference across these segmented markets may have caused the covariance in
A and B shares' price movements.Our hypothesis is that.My results not only suggest that there
is indeed information transmission across LSSM,but also indicate that the quality and clarify of
signals sent out by the market with more information directly impacts the success of information
transference.

英语翻译Capital Flows and Domestic Market Integration in ChinaIn Chapter one,using a unique data set on Chinese provincial savings and investment,I prove that the torrent of reports about the inadequacies of the Chinese financial system,accompani
中国资本流动和国内市场一体化
笔者在第一章中用中国省级储蓄与投资的确切数据证实了中国金融体制存在不足之处的报道,进而作了产品与资本市场细分,重视真实的结果.笔者的总的结果大致和Boyreau-Debray和Wei (2002)以及其他作者们是一致的,笔者可以评价金融改革对政府分配机制之外的资本流动的影响.排除外国投资、政府成分以及官方控制的银行信贷这些因素,笔者发现省份之间的商务资本流动呈现出向市场一体化转变的强烈趋势,并且它们的流动模式开始趋同于美国和其他先进的国家的洲间资本流动模式.这份结果彻底否定了广泛流传的中国经济严重缺乏国内（市场）一体化的观点.几个正在孕育中的资本市场已经采用法定独立份额市场 (LSSM),地方公司市场用同样的方式把资本流动分为两类明显不同的投资者,国内持股者用人民币交易"A"股而外国投资商用外币交易"B"股.笔者利用一份实验进展来表明,跨细分市场的信息传递可能影响A 股和B股的价格运动的协方差.我们的假设是（以下缺乏部分内容）.
笔者的结果不仅暗示出确实存在跨法定独立份额市场的信息传递,也表明有更多信息的市场发出的信号的质量和可信度直接影响信息的成功传递.

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国内市场的一体化和资本流动在中国第一章、采用了独特的数据集储蓄和投资于中国各省、我证明纷纷报道了中国金融体系的不足, 陪同学自称产品和资本市场分割,俯视实质成就. 虽然我国累计成绩比平行boyreau-debray(2002)、魏等我能评估金融创新外,政府对资本流动配置机制. 剥离出来的国外资金、政府拨款和银行贷款的影响,正式、我发现,省际资本流动的商业市场呈现出一体化趋势强劲,其流动模式开始有相同之处,在美国州际流量和其他先进国家. 这个结果削弱普遍认为,中国经济在国内缺乏整合. 几个新兴资本市场的市场占有率已经采取合法分居(lssm),其中本地公司债分别向同一市场基本流向两套股利投资者国内股东买卖的"A"股股票买卖本国货币和外国投资者的"B"股的外币. 我利用的实验方法,证明这些信息传递跨越分割市场可能造成的变数,B股的价格变动. 我们的假说是. 结果表明我国不仅确实lssm全国信息传输、而且显示的信号质量和澄清派出更多的市场信息,直接影响了信息传递的成功.

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资金流量和国内市场综合化在中国
在章节一个里, 使用一个独特的数据集在中国省储款和投资, I
证明, 报告洪流关于中国财政系统的不适当,
由研究陪同要求产品和资本市场分割, 俯视真正
成就。当我的聚集体结果平行那些Boyreau-Debray 和韦(2002) 并且
其他人, 我能估计财政创新的冲击对资金流量在之外
政府分派机制。剥离在外国资金之外, 政府专有, 和
正式地被影响的银行贷款, 我发现, 省际的商业资金流量提出
一个强的趋向往市场综合化和他们的流动性样式开始具有相似
跨境流程在美国和其它先进的国家。这个结果咬边普遍
China's 经济看法象缺乏在国内综合化。
几个涌现的资本市场采取了法律上被分离的股票市场(LSSM)
在哪个地方企业市场分开的要求对同样部下的股息流动到二分明
套投资者, 国内股东换"A" 份额以本国货币和外国
投资者换"B" 份额以外币。我运用一种实验性方法显示
信息transference 横跨这些被分割的市场也许导致了协变性
A 和B shares' 价格运动。我们的假说是那。我的结果不仅建议那在那边
的确是信息传输横跨LSSM, 而且表明质量和澄清
信号由市场派出以更多信息直接地冲击信息的成功
transference 。
当然翻译的不能完全对。大概吧。
回答者：凡尸 - 初入江湖二级 12-17 01:01
中国资本流动和国内市场一体化
笔者在第一章中用中国省级储蓄与投资的确切数据证实了中国金融体制存在不足之处的报道，进而作了产品与资本市场细分, 重视真实的结果。笔者的总的结果大致和Boyreau-Debray和Wei (2002)以及其他作者们是一致的, 笔者可以评价金融改革对政府分配机制之外的资本流动的影响。排除外国投资、政府成分以及官方控制的银行信贷这些因素，笔者发现省份之间的商务资本流动呈现出向市场一体化转变的强烈趋势，并且它们的流动模式开始趋同于美国和其他先进的国家的洲间资本流动模式。这份结果彻底否定了广泛流传的中国经济严重缺乏国内（市场）一体化的观点。几个正在孕育中的资本市场已经采用法定独立份额市场 (LSSM)，地方公司市场用同样的方式把资本流动分为两类明显不同的投资者, 国内持股者用人民币交易"A"股而外国投资商用外币交易"B"股。笔者利用一份实验进展来表明，跨细分市场的信息传递可能影响A 股和B股的价格运动的协方差。我们的假设是（以下缺乏部分内容）。
笔者的结果不仅暗示出确实存在跨法定独立份额市场的信息传递，也表明有更多信息的市场发出的信号的质量和可信度直接影响信息的成功传递。
回答者：小姑奶奶驾到 - 大魔法师九级 12-17 10:46
国内市场的一体化和资本流动在中国第一章、采用了独特的数据集储蓄和投资于中国各省、我证明纷纷报道了中国金融体系的不足, 陪同学自称产品和资本市场分割,俯视实质成就. 虽然我国累计成绩比平行boyreau-debray(2002)、魏等我能评估金融创新外,政府对资本流动配置机制. 剥离出来的国外资金、政府拨款和银行贷款的影响,正式、我发现,省际资本流动的商业市场呈现出一体化趋势强劲,其流动模式开始有相同之处,在美国州际流量和其他先进国家. 这个结果削弱普遍认为,中国经济在国内缺乏整合. 几个新兴资本市场的市场占有率已经采取合法分居(lssm),其中本地公司债分别向同一市场基本流向两套股利投资者国内股东买卖的"A"股股票买卖本国货币和外国投资者的"B"股的外币. 我利用的实验方法,证明这些信息传递跨越分割市场可能造成的变数,B股的价格变动. 我们的假说是. 结果表明我国不仅确实lssm全国信息传输、而且显示的信号质量和澄清派出更多的市场信息,直接影响了信息传递的成功.

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英语翻译As we have known,foreign private capital flows,especially FDI,have become increasingly important in financing economic growth and investment in the developing world.FDI flows play an essential role in the process of high productivity inve 英语翻译The extent to which the marginal productivities of capital equalize across countries is a question that occupies discussions of comparative economic development and patterns of capital flows 英语翻译IntroductionThere are established but dynamic patterns of information flows across markets,and it isimportant to understand them.Government policies on capital flows across borders andregulation of financial markets may alter patterns of 英语翻译Capital Flows and Domestic Market Integration in ChinaIn Chapter one,using a unique data set on Chinese provincial savings and investment,I prove that the torrent of reports about the inadequacies of the Chinese financial system,accompani 英语翻译Empirically,many crises have been provoked by the opening of unsound systems to capital flows—with the resulting levering‐up of preexisting risks—although there are certainly many cases (Japan is one example) where financial problem 英语翻译informed capital 英语翻译this song is a blessing to me an knowing that the river of love flows through Jesus an into me . U.S.capital flows fall in December怎么翻译比较好? what is becoming obvious is that the exsiting banking system is not powerful enought to handle the huge global capital flows that come out of itglobal capital flows 这里flows为什么要加s?还有类似的列子吗 portfolio The rise in FDI is in sharp contrast to the dramatic fall in other capital flows (including portfolio flows and bank lending) to the United States. 英语翻译These concepts of contributed capital and legal capital are of fundamental importance to the accountant ,it seems hardly necessary to emphasize before a group of accountants .the importance of distinguishing between contributed capital an 英语翻译capital surplus may be defined as an excess of contributed capital over legal capital the term legal capital applies to all capital which the law requires a corporation to retain intact for the benefit of creditors,it is synonymous by the 英语翻译：micro capital and small capital companies的含义? 英语翻译Leadership flows out of being这句话是什么意思? CAPITAL capital 英语翻译Speaking from an experience notinconsiderable,I make this statement.Capital isignorant of the necessities and the just dues of labour,and labour is ignorant of the necessities and dangersof capital.That is the true origin of friction betw 英语翻译Banks have raised long-term capital through issue of 1.5 billion in capital notes,convertible debentures,and preferred stock in the last three years.They have borrowed an additional 200 million or more through subsidiaries or affiliates h