There is only crowding-in but no crowding-outeffect for privately-owned firms, especially high-tech privately firms.
但对私营企业、特别是私营高科技企业,财政补贴只有挤入效应、没有挤出效应。
2
The results show that the rising trend of housing price has a significant crowding-outeffect on aggregate consumption.
结果表明,房价持续上涨对消费具有明显的挤出效应。
3
But previous studies primarily focused on the crowding-outeffect of Keynesian theory and they attach few to the special conditions of Chinese economic.