Journal of World Economic Research

Volume 7, Issue 2, June 2018

  • Trade Potential and Efficiency of the Countries Along the B&R: Based on Trade Diversification, Concentration and Complementarity

    Li Kexin

    Issue: Volume 7, Issue 2, June 2018
    Pages: 44-51
    Received: 30 March 2018
    Accepted: 27 April 2018
    Published: 18 May 2018
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    Abstract: The bilateral trade flow data in this paper is a collection of the 35 countries along "The Belt and Road" from 1995 to 2014. After getting the national trade efficiency and trade potential estimation, heterogeneous panel cointegration estimation methods (FMOLS and PDOLS) are used to analyze the influencing factors of trade efficiency and trade pote... Show More
  • Human Capital Development and Economic Growth in Bangladesh

    Md Niaz Murshed Chowdhury, Mohammed Jashim Uddin, Nezum Uddin, Shamim Uddin

    Issue: Volume 7, Issue 2, June 2018
    Pages: 52-63
    Received: 20 January 2018
    Accepted: 19 May 2018
    Published: 11 June 2018
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    Abstract: Human Capital is an integral part of any country’s development and economic growth has human capital as an important factor. This study empirically evaluates the relevance of human capital development on the growth of the economy pin pointing the relationship that exists between them. In this study, unit root test, Johansson co integration test and... Show More
  • Research on China’s PPP Financial Affordability Evaluation

    Zhao Yu, Cao Fuguo

    Issue: Volume 7, Issue 2, June 2018
    Pages: 64-72
    Received: 7 May 2018
    Accepted: 4 June 2018
    Published: 15 June 2018
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    Abstract: This paper studies the reasons that PPP may cause fiscal risk in provision of public services, and points out the necessity of expenditure-scale control in the application of PPP and the essence of financial affordability evaluation. Through analysis on the shortcomings in the current PPP financial affordability evaluation, it puts forward some iss... Show More
  • Empirical Analysis of Determinants of Human Capital Formation: Evidence from the Nigerian Data

    Ubi-Abai Itoro Praise, Chioma Chidinma George-Anokwuru

    Issue: Volume 7, Issue 2, June 2018
    Pages: 73-81
    Received: 7 June 2018
    Accepted: 27 June 2018
    Published: 23 July 2018
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    Abstract: The study examined the determinants of human capital formation with evidence from Nigeria. Specifically, the study sought to examine how these determinants affect human capital formation; and how they affect the growth of the Nigerian economy. The theoretical foundations of the study were the views of Adam Smith, Theodore Schultz, Gary Becker and J... Show More
  • Research on the Causes and Responsive Measures of China’s Fiscal Expenditure Solidification

    Li Yan, Peng Chao

    Issue: Volume 7, Issue 2, June 2018
    Pages: 82-91
    Received: 4 August 2018
    Accepted: 23 August 2018
    Published: 28 September 2018
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    Abstract: The budget enforcement, as an important indicator for measuring the collection and use of fiscal funds, plays an essential role in the promotion of Chinese reform. However, in recent years, Chinese fiscal expenditure has shown the tendency of solidification, which slows budget implementation progress, makes a large amount of financial funds can’t b... Show More