|
|
Division & Cooperation, Economic Scale and the Supply/Demand Balance of Public Goods During the Large Internal Regional Cooperation |
SHENG Yanchao,OUYANG Yao,LIU Changsheng |
|
|
Abstract The effective supply of the public goods during the emerging powers regional cooperation is the foundation of the regional economic cooperation, which can effectively reduce the trade cost, stimulate the factor flow crossing the regional, improve the trading efficiency and put out the economic coordinated development. we analyzing the public goods supply and demand balance during the regional economic cooperation by constructing the theoretical model of the emerging powers, the study find the degree division & cooperation is the supply and demand balanced condition that the large internal public goods and the cooperative public goods; the interest rate determines the public goods supply and demand balance during the regional economic cooperation, the purchased regional public goods decrease when the interest rates rise; the purchased regional public goods increase when interest rates fall; the economies scale is the main factors of the purchased public goods during the big country international regional economic cooperation, the economic scale and the supply form a virtuous circle. The emerging powers must develop the economy, raise the economic scale, and participate in the regional economic cooperation & division actively to effectively utilize the international and domestic market based on the factor endowment.
|
Received: 12 May 2014
Published: 15 September 2014
|
|
Corresponding Authors:
SHENG Yanchao
E-mail: ljy557@163.com
|
|
|
|
|
|
|