:2006-02-05:(2005037591)(5300324):(1972-),,,/,()20073No.3,2007JOURNALOFSOUTHCHINANORMALUNIVERSITY(SOCIALSCIENCEEDITION)20076Jun.,2007:(/,510631):,,:;;:F832:A:1000-5455(2007)03-0014-09,,,,,(Mckinnon,1973;Shaw,1973)Stiglitz(1994),,,1973(Drake,2002),,,,,,,Saint-Paul(1992),Zilibotti(1994)41BerthelemyVaroudakis(1996),,,,,,,,,,()1./,,1,;,1,,r,,1n,,r,,,,,ax,x,n(,,2000)1/2n,:2n1/2n0axdx=a4n(1),r-a/4n,,:U=t=0e-tU(Ct)dt(2)U(.),(),0U(.),:U(Ct)=C1-t1-,0(3):t=0e-r-a4nctdtt=0e-r-a4nwtdt(4),Wt,CtCt,:maxctu0=0c1-t1-e-tdt(5)s.t.t=0e-r-a4nctdtt=0e-r-a4nwtdt(6)51,:l=0e-tc1-t1-dt-t=0e-r-a4nctdtt=0e-r-a4nwtdt:e-tc-t=e-r-a4n:CtCt=14-a4n-(7)2.,iKiuE,-:Yi=Ki(uE)1-01(8),u,v=(1-u):,Ro2mer(1986),()()(E=K/u)i,K,(8)Ku:R=r(1+i)=(9)wF=(1-)Ku(10),RR=(1+i)r,i,,(9)(10),,3.n,,,,v=(1-u),,v/nS,,j:Kj=Sj,Avn(11),Kj,A(),,Levine(1991):,(),,,:A=Sj(12)61(12)(11),Kj=Sj,Sjvn:Sj:KjSj=1,vn,:Kj=vnSj(13),:K=(v)S(14)(13):,,(j)j,j0j1,(vn)(14),:S=S(v)(15)=(v)(16),,,:S0,0:j=RvnSj-rSjr-vnw,:j=(1+i)vnSj-vnw-Sj(17):9j9Sj=0.(18)1/,:(9S/9r)(r/S)=1/(19)(3)Sj=S/n,j=vn:Rr=1+i=1(1-/n)(20)(20),,:9j9vj=0:wB=(1+i)S(v)+[(1+i)-1]S(v)(21),,,S,,,,,,(17)j=0(21):1+i=1-(v/n)=11-(22)71=vn(20):=vn=n(23),,,S,(v),,,,n(v/n),(23),,(22),(1+i),,,(),,(10)(21),:(1-)ku=(1+i)Sn(22),:SK=(1-)1-vu(24),:I=K=SK/K=SK,(24):gk=KK=(1-)1-v1-v(25)gk,(7)gc=CC=1R1+i-a4n-=1(1-)-a4n-(26)(26),,vu,R,r=R/(1+i),(7),,n,,(25)(26)(10)(21)(),=2v-v2,01,=2-2v0,S(v)=v,S(v)0(25):gk=KK=(1-)1-v21-v(2-v)(27):gk=(1-)1-v(2-v)2(1-v)20,gk=(1-)1-v2(v-1)+2(1-v)3081,gk,:gk(v=0)=0,gk(v1=1gk,v,gk=2v-v2(26):gc=1v(1-)(2-v)-a4n-(28):gc=2(1-)(1-v)0,gc=-2(1-)0,gcv=v(=1),(v=1,gc(vv=1(1-)-a4n-;v=v(0),(v)=0,gc(vv)=-1a4n+01gc,,,v,,=2v-v2,01,=2-2v0,S(v)=v(10)(21):WF=(1-)K1-v(29)v=0,WF=(1-)K,v=1,WF=,(v),,,2WF,,,(10),2vWFWB=2(1+i)v2+2i+1(30)v=0,WB=2i+1,V=1,WB=4i+3WB=4(1+i)v0,Wb=4(1+i)0,WBv[0,1],2WB,,,,,(21),2,WFWBCBA,,,ABC,,91,WBWF,C1ABC2ABCC,1,gkv=0,gcC,,K/K=C/C=Y/Y=g,gkgc,gkgcABC,CA,BCC(A,A),,,CC(AA);AA,,A(A),CC(A,A)B(B),,,B(B)A(A);B(B),,B(B)C(C)B(B),v3,:CBBACB,,,,,,,,,,BA,,,,,(),,CC,,,,,,,,,CAA,,,,,,,,,v3,3:B,CBBACB,,BA,(2001)951960(SEC)(MY)4,:SECi,19606%,MYi,19602116%44A,;SECi,19606%,MYi,19602116%24B,;SECi,19606%,MYi,19601313%12C,,;SECi,19606%,MYi,19601313%15D,,19851960GDP,1021/ABCDLY1960-0.38(3.3)-0.60(3.8)-0.49(6.6)-0.69(3.9)MY0.46(2.4)-2.40(1.9)3.05(6.8)-3.83(2.5)SEC0.34(3.7)--0.24(2.5)GOV-1.99(2.5)3.91(3.4)-3.35(3.8)2.89(1.9)OPEN0.28(3.0)-1.21(6.0)1.00(6.3)0.45(3.9):AD-R2=0.74,LY19601960GDP,GOV,OPENGDP:,(2001)1,AC,;,BD,,,,CB,,,-,,BA,v3,,-,,,,B,B,,,,,,,,,(,2004),,,,,,,,,,,,,,,,,,,,,,,,,,12,,,,,,,?,,,,:BerthelemyVaroudakis(1996),,,,,(26):,,,,,(26)(27),:[1]MCKINNON.MoneyandCapitainEconomicDevelopment[M].Washington:BrookingsInstitution,1973.[2]SHAWES.FinancialDeepeninginEconomicDevelopment[M].NewYork:OxfordUniversitypress,1973.[3]STIGLITZJ.theRoleoftheStateinFinancialMarkets[C].TheWorldBankConferencePaper,1994.[4]SAINTP.TechnologicalChoice,FinancialMarketsandEconomicDevelopment[J].EuropeanEconomicReview,1992,36:763-781.[5]ZILIBOTTI.EndogenousGrowthandIntermediationinanArchipelagoEconomy[J].EconomicJournal,1994,103:462-473.[6]BERTHELEMYJC,VAROUDAKISA.EconomicGrowth,ConvergenceClubs,andtheRoleofFinancialDevel2opment[J].OxfordEconomicPapers,1996(48):300-328.[7]ROMERD.AdvanceMicroeconomics[M].theMcGraw-HillCompanies,Inc,1996.[8],.:[C].:,2001.[9],.[M].:,2000.[10]PeterJ.Drake.?[C].:,2002.[11].[M].:,2004.:22()20073No.3,2007JOURNALOFSOUTHCHINAhNORMALUNIVERSITY(SOCIALSCIENCEEDITION)20076Jun.,2007ABSTRACTInstitutionalInnovationinCommunityGovernanceofLaborDisputesDuringEconomicTransition:ACaseofZhongshanCity(byLIYong2jie,WANGMing)Abstract:ComplicatedandprofoundinstitutionalchangeshavetakenplaceincontemporaryChina.Withintheeco2nomicswitchingandsocialtransformingperiod,governingblindareasexistinthelabormarket,suchascontractsincom2pletenessandgovernmentalsupervisingineffectiveness.Athirdgoverningpatternshouldbeexploredtosupplementtomarketandgovernment.Communitygovernancebalancestheinterestsofeachpartybytheparticipationofthethirdsec2tor,whichmakesitaself2enforcedinstitution.Asoneformofthisgoverningpattern,communitylabordisputesmedia2tinginstitutionsolvestheproblemsofineffectivenessandexpensivetransactioncostwhichexistinthepreviousinstitu2tion.ItssuccessfulapplicationinZhongshancityisatypicalcase.Stillthenewinstitutionistobeperfectedinsomeas2pects,suchashowtoexertitsadvantagesasathirdparty,designinginspiringandrestrainingmechanismforthecommu2nity,constructingnewcloserelationshipamonginhabitants,spreadinginstitutionalinnovationknowledge,etc.Keywords:economictransition;communitygovernance;mediationofcommunitylabordisputes;institutionalin2novationInvestmentandOptimizationofCreativeHumanCapital:AnExamplefromGuangdongProvince(byZHUQi,CAOFang2zi)Abstract:HumanResourceisoneoftheshortest,criticalfactorsofproduction,andisanimportantsourceofforcetotheimprovementofproductionefficiencyandmoderneconomicgrowth.Analysisshowsthattherearecloserelationsbetweenthequalityofhumancapitalandregionaleconomic