Proceedings of the 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018)

Session: Economics

35 articles
Proceedings Article

The Role of Government in a Crypto-currency World

Andrey Semenikhin, Igor Morkovkin, Elena Kolosova, Elena Rudakova, Alexander Galushkin, Lyudmila Rudenko
The subject of the research is an opportunity and advisability of a financial crypto-currency regulation. Wherein the work has an aim to substantiate an opportunity and necessity of introduction of government regulation for crypto-currency. In the research are used instruments of government financial...
Proceedings Article

The Perfection of the Evaluation System of the State Programs Efficiency as a Strategic Condition of a Social-economic Development Rising

Irina Yurzinova, Dmitry Morkovkin, Olesya Dontsova, Aleksey Stepanov, Natalia Isaichykova
Improving the mechanism for developing, implementing and evaluating the effectiveness of state programs will help to reduce socio-economic problems in the Russian Federation. The article examines three areas for improving the quality of implementation development and evaluating the effectiveness of state...
Proceedings Article

Trends and Prospects for the Development of "Smart Cities" in Russia

Pavel Stroev, Stanislav Reshetnikov
The article deals with the research of approaches and best practices of application of the concept of "smart city", allowing to increase efficiency of various parts of city infrastructure, which in turn become the engine and the core of innovative technologies introduction. Conceptual and practical approaches...
Proceedings Article

Investments into Human Capital as the Factor of Inculcation the Innovations to a Real Economic Sector

Sergei Shmanev, Ludimila Shmaneva, Dmitry Morkovkin
The article reviews the transformation conditions of national industry from raw materials direction to a high-tech production and conditions of crossing to the economy, which will be based on knowledge and new technologies. It is shown that the paramount meaning acquire the investments, at first directed...
Proceedings Article

Non-financial Reporting in the System of Increasing Corporate Transparency of Russian Business

Svetlana Grishkina, Vera Sidneva, Galina Dubinina
The article deals with the development of the institute of non-financial reporting. Non-financial reporting is designed to improve the transparency of Russian business, it contains information about economic, environmental and social aspects of a company performance. The need to assess sustainable development...
Proceedings Article

The Money Factor from the Perspective of the Adherents of a Subsistence Economy and Mercantilism

Yakov Yadgarov, Sergei Tolkachev, Vladimir Ostroumov
The purpose of this work is to outline general and special aspects in different perceptions of the place and role of money and money circulation in economic life. This is done by means of historical and economic analysis of the views of the adherents of subsistence economic ideology in the Ancient world...
Proceedings Article

Foreign Policy Reasons and Economic Effect of the 1947 Monetary Reform in the USSR

Yuri Kropin
The scope of research of this paper covers the monetary reform undertaken by the Soviet Union in December 1947. The target is to show that despite the Marxist statement of withering-away of money at the first stage of communist formation, the Soviet state attached a great importance to the development...
Proceedings Article

Economic and Managerial Problems in the Field of Culture

Nataliya Malshina
The article presents the methodology of realization of the public-private partnership mechanism in cultural industry, balanced in terms of the correlation between risks and responsibility. This mechanism will allow to reduce costs, ensure investment and lower the risk level in the industry of culture,...
Proceedings Article

Mechanisms of Innovative Projects Financing in the Culture Industry on the Basis of Public-private Partnership

Nataliya Malshina, Anna Firsova
Strengthening the role of the culture industry in modern economy makes it relevant to developing scientific and methodological approaches to the organization of its financial support. Among the mechanisms of culture industry financing there are the mechanisms of public-private partnership. The purpose...
Proceedings Article

The Impact of RMB Exchange Rate Fluctuation on the Export of China’s Mechanical and Electrical Industry

Li Wu
Exchange rate fluctuation has an important impact on import and export trade. It can affect the total volume of trade by affecting the price of trade commodity, and also affect the total volume of trade by affecting the change of national income. Electromechanical products are one of the key export commodities...
Proceedings Article

Research on Poverty Reduction Effect of Rural Microcredit Based on FGT Index

Shouying Ying, Qiaoxi Fan
As one of the important means of poverty alleviation work in China, how the actual poverty reduction effect of rural microfinance is worth studying. Taking Sichuan Province as an example, based on the time series data from 1994 to 2014, this paper constructed FGT index, used vector autoregressive model,...
Proceedings Article

The Influence of Reputation Events on the Market Value of China's Listed Commercial Banks

Ruibo Liu, Min Liu
In the "Report on the Work of the State Council of the State Council in 2018", the three tough battles are proposed for the first time, which will promote significant progress in the prevention and resolution of major risks as the focus of the national economic work in 2018. Reputation risk, as one of...
Proceedings Article

Research on Regional Differences of Peer-to-peer Lending in China

Yuhang Chen, Yongjian Zong
This article studies regional differences of peer-to-peer lending in China. We construct a novel index, called peer-to-peer lending development index, to measure the development level of peer-to-peer lending in different provinces. Using quarterly panel data from January 2014 to March 2016 in 28 Chinese...
Proceedings Article

Individual Decision-making Model of Institutional Change

Xiaoyan Lv
The mainstream new institutional economists takes transaction costs as the core to analyze the evolution of the economic system from equilibrium to non-equilibrium to a new equilibrium, namely the process of institutional change. This kind of analytical framework relies too much on the concept of transaction...
Proceedings Article

Research on the Economic Spatial Connection in Coastal and Hinterland of Shandong Province

Yuanyuan Li
This paper takes 10 inland cities and 7 coastal cities in Shandong Province as the research object, and uses the Gravity Model to explore the spatial-temporal evolution of economic linkage strength and economic connection intensity between coastal and hinterland of Shandong Province from the perspective...
Proceedings Article

Research on the Development of Inclusive Finance in China

Xiaoyu Liu
Currently, inclusive finance has become the realistic choice of China's financial development strategy, Through analyzing the problems existing in the development of inclusive finance in China, the paper puts forward some countermeasures and Suggestions to optimize the development of inclusive finance.
Proceedings Article

Analysis on the Endogenous Path for the Morality Construction of Market Economy

Jing Wang
The morality construction of market economy has the characteristic of endogeneity when we analyze from the perspective of the integrity of human nature, balance the interests from the perspective of game theory or analyze from the contractual and cooperative characteristics of market economy. The principles...
Proceedings Article

Design of the Elements of Real Estate Tax on Possession from Real Estate Tax in the UK

Yan Huang
There exist problems that the fiscal revenue and expenditure authority are not asymmetric in China’s local governments for a long time. It also has aggravated a complicated situation to the imbalance between supply and demand in the real estate market, making it more difficult for the central government...
Proceedings Article

Bargaining Power of Suppliers, Customers and Enterprise Accounting Conservatism Based on the Empirical Data of Listed Companies in China

Rui Xiang, Hongyan Yang
Suppliers and customers lie in the upstream and downstream of the supply chain, and are the providers and exchangers of the essential resource which the enterprise’s survival and development must depend on. Accounting conservatism is an important measure of the quality of corporate financial reporting,...
Proceedings Article

The Construction of Investor Sentiment Index in China's Stock Market

Jiayu Gu, Tao Li
Drawing on the method of Baker and Wurgler and combining with the national conditions of China, we select six indexes, such as the discount rate (CEFDR), the closed-end fund discount rate (CEFDR),IPO quantity (IPOV),price-earnings ratio (P/E), turnover rate (TRO) and consumer confidence index (CCI),...
Proceedings Article

IPO Pricing Analysis of Discrete Information Structure

Yunzhao Lu
Because of the different size and research strength of each institutional investor, the quantity and quality of market information are different, that is, the existence of heterogeneous institutional investors makes the distribution of new stock pricing information more complex. Issuers need to determine...
Proceedings Article

Analysis on the Relationship Between Investors and Stock Market Volatility Based on Behavioral Finance

Jiehui Li, Qiangwen Zeng
Nowadays, securities investment has become one of the important channels for Chinese household asset allocation. However, there are still many shortcomings in China's securities market. Therefore, the traditional "rational person hypothesis" is difficult to be established in the market. At this time,...
Proceedings Article

An Overview of Research on Big Data in Economics Based on Bibliometric Software Citespace and CSSCI Database

Limei Guo
Big data itself and big data technology are affecting the development of society, and thus affect the economic research. In order to fully understand the research hotspots and development trends of big data in the field of Chinese economics, this article shows the overview of the big data researches...
Proceedings Article

Study on Fiscal Measures to Promote Healthy Development of Shared Bicycle

Xiuling Wu
In recent years, shared bicycle has developed rapidly, and has spread all over the cities in China, especially in the first-tier cities. The support and encouragement policies of the governments at all levels to shared bicycle industry are also increasing, and the shared bicycle market continues to grow...
Proceedings Article

Analysis of the Relationship Between Inflation and Economic Growth

Weina Qin, Qinglong Wang
In recent years, with the commodity prices boosting, people are more concerning high price level and it also makes the decision maker a dilemma how to face the inflation trade-off with economic growth in the short run. Meanwhile, hot money flow into many countries and bulk commodity prices of international...
Proceedings Article

Analysis on Role Positioning of the Local Government Against the Background of Creative Cities Network A Case Study of Hangzhou, Suzhou and Jingdezhen

Yijun Huang
With the rapid pace of globalization, the development of creative cities shows a trend of networking. More and more researches on “Creative Cities Network” are found in the academic circles, but most focus on “City of Design”, and rare research on other types of creative cities is made, which is not...
Proceedings Article

Comprehensive Analysis of PPP Financing Mode

Li Xu
The PPP financing mode is “Public-Private-Partnership” type, and it is defined by broad and narrow meanings. This paper focuses on three different types of outsourcing, franchise and privatization in the narrow classification of PPP mode, as well as their modes, characteristics and contract durations,...
Proceedings Article

The Analysis of the Volatility of China's Stock Market Taking Shanghai Composite Index as an Example

Qiqi Sun
This paper chooses the relatively persuasive stock index in China, Shanghai Composite Index (000001), using data from December 31, 1997 to April 4, 2018 as the sample of the paper and then calculate them according to the logarithmic rate of return. By using EVIEWS 7 software to test the effect of these...
Proceedings Article

The Path of China's Integration of Culture and Tourism Under the "New Normal" of China's Economy

Changhua Lin
So-called "strategic pillar industry" of tourism and cultural industries which have great potential for development, are increasingly showing a good integration and development. Cultural industries are the core characteristic for tourism, and the development of tourism is also a significant way to develop...
Proceedings Article

Research on the Financial Insurance Fund Against the Background of Mixed Operation

Shali Zhou, Yang Xu
The first part of this article briefly describes the related theories of the mixed operation and financial insurance fund. Then, this paper analyzes the development situation of financial insurance fund under the mixed operation; it means that the legislative situation under "finance law" promotes the...
Proceedings Article

Study on the Assessment Indicator System for the Innovative Capability of Rural E-business Enterprise

Jian Wang, Jinchun Huang
This assessment indicator system for innovation capacity of rural e-business enterprise is hereby proposed through the review on the theory of enterprise innovation capacity and the current research status of assessment indicator system and aiming at the problems existing in the development of rural...
Proceedings Article

Research on IPO Pricing Mechanism Based on Auction

Yunzhao Lu
There are three pricing methods: fixed price, auction and accumulative bid pricing. Although cumulative bidding pricing is the first choice of major capital markets in the world, in recent years, Some financial markets in some countries and regions have started to adopt auction methods again and have...
Proceedings Article

Research on the Transformation and Development of Resource-oriented Cities Under the New Normal of Economy

TianTian Gu, Na Han
For a long time, the transformation development of resource-based cities have always been paid much attention. At present, the economic development of our country has entered The New Normal, how to promote the economic transformation and sustainable development of resource-based cities more scientifically...
Proceedings Article

Research on the Popularization of Socialist Core Values Under “Cultivating People Through Culture”

Rongce Lin
Socialist core values and “cultivating people through culture” are dominant and correspondent with each other. Socialist core values are the core content and intensive expression of “cultivating people through culture”, which is of great importance to cultivating Socialist Core Values. And they are highly...
Proceedings Article

Analysis of Factors Affecting Fiscal Revenue Based on Stepwise Regression Method

Tiantian Gu
The financial revenue is a country's cornerstone of the economy. This article analyzes the related influence factor of the financial revenue through the multiple regression model. The research discovers that the total retail sales of social consumer goods, the total agricultural output and the value...