Part One: Theoretical analysis for the growth effects of fiscal decentralization.
第一部分：财政分权经济增长效应的理论分析。
In reference to the analysis on the growth effects of capital accounts liberalization, we first set up an initial model according to the main functionary channels of capital accounts liberalization.
在分析资本账户自由化的增长效应时，本书首先根据其主要的作用渠道，建立了一个初步模型。
In reference to the analysis on the growth effects of capital accounts liberalization, we first set up an initial model according to the main functionary channels of capital accounts liberalization.
在分析资本账户自由化的增长效应时，本书首先根据其主要的作用渠道，建立了一个初步模型。
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