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    Channels of Interprovincial Consumption Risk Sharing in the People’s Republic of China

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    This paper analyzes consumption risk sharing among provinces in the People’s Republic of China (PRC) during 1980–2007. The analysis finds that 9.4% of shocks to gross provincial product are smoothed by the interprovincial fiscal transfer system. This system also cushions a relatively large percentage of province-specific shocks in coastal areas. Using a variety of indicators, we explored nonfiscal channels of consumption risk sharing. We found that the migration of rural labor to urban areas and the remittance of migrant wages play an important role in promoting interprovincial consumption risk sharing in inland PRC provinces. In contrast, the extent of risk sharing through financial intermediation and capital markets is very limited. These factors have resulted in a low degree of risk sharing among provinces, especially during the last decade.prc provinces; interprovincial fiscal transfers; consumption risk sharing

    Characterization of Wave Propagation in Thin Laminated Plates

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    This is an electronic version of an article published in Du, C., Ni, Q. & Natsuki, T. (2010). Characterization of Wave Propagation in Thin Laminated Plates. [Materials and Manufacturing Processes is available online at: http://www.informaworld.com/smpp/content~db=all?content=10.1080/10426910903426349The formulae including the in-plane stiffness and bending stiffness coefficients and coupling effect in out-plane were presented for analyzing characterization of wave propagation. Using the present formulae, the wave velocities can be calculated in any case of laminated plates including nonsymmetric lamination. In this study, the characteristics of wave propagation in thin laminated plates were investigated in detail. Five modes including symmetric modes and antisymmetric modes were obtained from the proposed formulae. For each mode, the wave velocities of laminated plates were investigated in different conditions such as plate thickness, stacking sequence, and vibrational frequency.ArticleMATERIALS AND MANUFACTURING PROCESSES. 25(4):259-263 (2010)journal articl
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