6,516 research outputs found

    Influence factor of Chinese elders' wealth management behaviour: an empirical study

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    The main purpose of this paper is to discuss the influential demographic variables of elders’ wealth management behaviour. Purpose sampling for 122 older consumers (aged over 65) who participate in wealth management programme with instrument, was conducted in April 2007 in China (Taiwan area). Regression was performed for the data analysis. The results showed gender, educational background, and living location being key factors affecting elder consumers’ wealth-management behaviours, including consumers’ familiarity with financial products/services, sources of professional information, sources of word-of-mouth information, investment intention, and investment confidence. The main contributions of this not only include enhancing existing literature concerning wealth management, marketing, and elder behaviours (especially for clarifying how the controversial factors work), but unveiling elders’ behaviour tendency in such a blooming emerging market. Practical implications to bank marketers are also given

    GRAIN PRICE STABILITY AND FARMER DECISION MAKING IN CHINA

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    In this paper we find that real grain prices in China have displayed increased volatility in the past decade. This is true for rice, wheat, corn, and for most of provinces. Farmers in China are found to be risk averse because when they make acreage allocation decisions. Given the widespread access to land in China, farmers mostly respond negatively in their sown area decisions towards price risk. The large price variations from 1984-1995 may have contributed to the slowdown in agricultural output growth from 1984-1995.Crop Production/Industries, Demand and Price Analysis,

    AGRICULTURAL PRODUCTIVITY GROWTH IN CHINA: FARM LEVEL VERSUS NATIONAL MEASUREMENT

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    agricultural productivity, China, Productivity Analysis,

    Small dynamical heights for quadratic polynomials and rational functions

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    Let fQ(z)f \in Q(z) be a polynomial or rational function of degree 2. A special case of Morton and Silverman's Dynamical Uniform Boundedness Conjecture states that the number of rational preperiodic points of ff is bounded above by an absolute constant. A related conjecture of Silverman states that the canonical height h^f(x)\hat{h}_f(x) of a non-preperiodic rational point xx is bounded below by a uniform multiple of the height of ff itself. We provide support for these conjectures by computing the set of preperiodic and small height rational points for a set of degree 2 maps far beyond the range of previous searches.Comment: 19 page

    Market integration in China

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    Over the last three decades, China's product, labor, and capital markets have become gradually more integrated within its borders, although integration has been significantly slower for capital markets. There remains a significant urban-rural divide, and Chinese cities tend to be under-sized by international standards. China has also integrated globally, initially through the Special Economic Zones on the coast as launching grounds to connect with world markets, and subsequently through the accession to the World Trade Organization. For future policy considerations, this paper argues that its economic production needs to be spatially concentrated, and its social services need to be spread out to the interior to ensure harmonious development and domestic integration (through inclusive rural-urban transformations and effective territorial development).Economic Theory&Research,Banks&Banking Reform,Debt Markets,Emerging Markets,Access to Finance
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