The Measure of Openness of China's Capital Account

  • Fa qin LAN
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Received date: 2004-10-12

  Online published: 2005-02-25

Abstract

Theoretically, there are two complementary measures of openness of capital account: restriction measure and openness measure. Based on a summing-up of several measures, this paper puts forward two feasible means to measure the openness of China's capital account, and further finds out that China's capital account is in the medium-open level.

Cite this article

Fa qin LAN . The Measure of Openness of China's Capital Account[J]. Journal of East China Normal University (Philosophy and Social Sciences), 2005 , 37(2) : 87 -94 . DOI: 10.16382/j.cnki.1000-5579.2005.02.014

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