An Empirical Analysis on the Factors Influencing the Issuance Scale and Its Prediction of Chinese Treasure Bonds

摘要：

With the deepening of reform, our bonds scale increased step by step. In particular, from 1994, Chinese treasure bonds has expanded rapidly. As we all know that whether bonds scale was too large, it would bring certain risk for macroeconomic. In the paper, we, firstly, expatiated on the research significance and research status quo of the bonds scale. Then, we carried out an empirical analysis on the factors impacting the Issuance scale of treasure bonds with principal component analysis. Finally, we predicted the issuance scale of our bonds with gray prediction method in the next few years and carried out a summary.

关键词： Treasury bonds scale Issuance scale Principal component analysis Empirical analysis Gray prediction method

作者: XU Bin CHEN Jianbao

作者单位: Department of Economics, Nanchang Institute of Technology, P. R. China, 330099 Department of Plannin Department of Planning and Statistics, Xiamen University, P. R. China, 361005

会议类型: 国际会议

会议名称: The 1st International Conference on Sustainable Construction & Risk Management(首届可持续建设与风险管理国际会议)

会议地点: 重庆

会议语种:英文

页码: 1477-1485

在线出版日期: 2010-06-12（万方平台首次上网日期，不代表论文的发表时间）