• DocumentCode
    2231455
  • Title

    Coordination State of China´s Fictitious Economy and Real Economy

  • Author

    Yingying, Zhou ; Chuanzhe, Liu

  • Author_Institution
    Sch. of Manage., China Univ. of Min. & Technol., Xuzhou, China
  • Volume
    4
  • fYear
    2010
  • fDate
    26-28 Nov. 2010
  • Firstpage
    501
  • Lastpage
    504
  • Abstract
    China´s fictitious economy has been developing rapidly since 1990. Rapid expansion of scale of fictitious economy can make positive or negative impacts on real economy, so it needs to prevent over-development of fictitious economy taking negative influences to real economy. The coordination state of China´s fictitious economy and real economy has been analyzed by grey correlation model based on the yearly data from 1998 to 2009, and the results show that the correlation degrees of the representative variables the total loans and the money and quasi-money with GDP are higher, the correlation degrees of the turnover of stock trading, the turnover of treasury bonds, the turnover of foreign exchange, and the turnover of commodity futures trading with GDP are lower, and the degree of the turnover of trading of investment of futures and securities with GDP is lowest. Therefore, it needs to promote coordinated development between China´s fictitious economy and real economy.
  • Keywords
    economics; foreign exchange trading; China fictitious economy; GDP; foreign exchange; grey correlation model; real economy; stock trading; coordination state; correlation degree; fictitious economy; financial market; real economy;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
  • Conference_Location
    Kunming
  • Print_ISBN
    978-1-4244-8829-2
  • Type

    conf

  • DOI
    10.1109/ICIII.2010.601
  • Filename
    5694956