外资对区位经济的影响:一个新视角--以江苏省昆山市为例

外国直接投资对区域经济产生重要影响,这种影响表现在多个层面.过去,许多研究集中于外资对区位经济增长、技术进步、产业结构调整、就业、出口竞争力等方面,而外资对区位关联企业发展、环境保护、劳动保护、能源和土地消耗的影响研究较少.本文以江苏省昆山市为例,对这些新问题进行了探讨.     

THE EXPLORATION AND PRODUCTION OF A LONG-LIVED NATURAL RESOURCE(*)

This paper, a synthesis of previous work by the author, examines both the exploration and the production decisions of a firm in a durable natural resource industry, and finds that monopoly power leads to a slowing in the rate of extraction and a reduction in the exploration rate. Thus in a durable resource industry such as gold, the effect of monopoly is multi-plied: less of the resource will be « discovered », and the stock of the re-source will be extracted more slowly so that early-period prices may be kept above the competitive level.     

INCOME DISTRIBUTION,TECHNICAL CHANGE AND THE DYNAMICS OF INTERNATIONAL ECONOMIC INTEGRATION

This paper explores the features of a dynamic multisectoral model that focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady‐state properties and the transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as the model uses non‐linear Engel curves and hence different income groups are characterized by different expenditure patterns. At the same time income distribution is also reflected in the relative wage rates of skilled to unskilled workers, i.e. the skill premium, and hence the wage structure affects comparative costs of industries which have different skill intensities. The model is applied to a situation that analyses qualitatively different economic development strategies of catching‐up economies (a ‘Latin American’ scenario and a ‘East Asian’ scenario).     

加强基础研究促进经济发展

加强基础研究，在现代市场经济条件下具有非常重要的意义。在实践中，需要在经济、资源、产（行）业投资收益、投资的社会环境等方面取得相应的研究成果，为投资者提供良好的信息服务，为政府工作提供可行性的建议。     

MEASURES OF TECHNICAL CHANGE AND STRUCTURAL CHANGE IN SERVICES IN THE USA: WAS THERE A RESURGENCE OF PRODUCTIVITY GROWTH IN SERVICES?

Traditional measures of productivity growth show very low gains made by most service industries since 1980s in the USA. However, other indices of ‘technological activity’, such as computerization, education, and occupational change, show that service industries were more technologically active than goods producers over this period. I first distinguish among three types of services: standardized like communications, customized like recreation, and hybrid like retailing. Using output, employment, and capital stock data for 43 industries over 1960–2000, I find that in terms of productivity standardized services behave like goods producers, customized services have had virtually zero productivity growth, and hybrid services fall in between. These results show up in historical data as well as in econometric analysis.     

GREED,LEVERAGE, AND POTENTIAL LOSSES: A PROSPECT THEORY PERSPECTIVE

This paper quantifies the notion of greed, and explores its connection with leverage and potential losses, in the context of a continuous‐time behavioral portfolio choice model under (cumulative) prospect theory. We argue that the reference point can serve as the critical parameter in defining greed. An asymptotic analysis on optimal trading behaviors when the pricing kernel is lognormal and the S‐shaped utility function is a two‐piece CRRA shows that both the level of leverage and the magnitude of potential losses will grow unbounded if the greed grows uncontrolled. However, the probability of ending with gains does not diminish to zero even as the greed approaches infinity. This explains why a sufficiently greedy behavioral agent, despite the risk of catastrophic losses, is still willing to gamble on potential gains because they have a positive probability of occurrence whereas the corresponding rewards are huge. As a result, an effective way to contain human greed, from a regulatory point of view, is to impose a priori bounds on leverage and/or potential losses.     

人的全面发展与人力资源的全面开发

人力资源的全面开发是人的全面发展的基本条件和必然要求。本文在分析了人力资源全面开发的时代特点的基础上,以促进人的全面发展为宗旨,从理念和途径上论述了人力资源的全面开发。     

经济可持续发展研究述评

近几个世纪的世界经济发展在传统发展思想和理论指导下,产生了一系列严重的资源、环境、社会等问题。为了解决这些问题和寻求能持续生存和发展的道路,人类开始反思并产生了经济可持续发展理论。本文对经济可持续发展理论背景和研究历史进行了回顾,并就经济可持续发展的概念、内容和我国的研究进展作了介绍。     

TAX RULES AND CORPORATE FINANCING: A CANADIAN PERSPECTIVE

Il a ÉtÉ suggÉrÉ par M.H. Miller (1977) el d'autres auteurs qu'une analyse de I'impact qua sur les dÉcisions financières I'impǒt sur le revenu devrait prendre en considÉration I'impǒt des particuliers et des sociÉtis. Cette note adapte leur modèle aux lois canadiennes. II y est conclu qu'un effet de clientèle devrait aussi exister au Canada.     

WAREHOUSE MANAGEMENT SYSTEMS: RESOURCE COMMITMENT,CAPABILITIES, AND ORGANIZATIONAL PERFORMANCE

Modern warehousing firms and distribution centers are overwhelmed with information related to the flows and storage of goods and services. The efficient and effective utilization of logistics‐related information can enhance firms' ability to reduce costs while simultaneously improving customer satisfaction. Warehouse management systems (WMS) are frequently implemented and used with these goals in mind. The current research examines resource‐based empirical justification for the pursuit and implementation of WMS. In addition, a research agenda is offered to guide future research efforts related to WMS and the broader area of logistics information systems (LIS).     

CONSUMPTION AND GROWTH FROM A RICARDIAN PERSPECTIVE*

A new way of imposing the Ricardian closure is proposed through a dynamic consumption function along Keynesian lines. The dynamic consumption function relates consumption to current income and to the accumulated stock of consumer durables. In this way the dynamics of consumption and effective demand become dependent on consumer spending on durables. Using the dynamic consumption function within a simplified Harrod–Domar growth framework, it is shown that there is no independent consumption function in the long run as the Ricardian closure implies. The long‐run propensity to consume is an equilibrium relation, not a behavioural parameter.     

香港在国家经济发展中的地位和作用

“十一五”时期，国家经济发展进入一个全面落实科学发展观、进一步扩大对外开放、建设和谐社会的新时期。在这个时期，要加快调整经济结构和转变增长方式，促进资源节约和环境保护，推进改革开放和自主创新，着力于社会发展和解决民生问题。香港作为国家经济发展的一个最宝贵财富，应发挥好金融、贸易和航运服务中心的地位和作用；发挥好香港在提升国家经济国际化、市场化、工业化、城镇化发展中的特殊重要地位和角色；     

MINIMUM GUARANTEED PAYMENTS AND COSTLY CANCELLATION RIGHTS: A STOPPING GAME PERSPECTIVE

We consider the valuation and optimal exercise policy of a δ‐penalty minimum guaranteed payment option in the case where the value of the underlying dividend‐paying asset follows a linear diffusion. We characterize both the value and optimal exercise policy of the considered game option explicitly and demonstrate that increased volatility increases the value of the option and postpones exercise by expanding the continuation region where exercising is suboptimal. An interesting and natural implication of this finding is that the value of the embedded cancellation rights of the issuer increase as volatility increases.     

全球化背景下农产品供应链的发展及对策研究

在全球化背景下,构建和发展我国农产品供应链体系迫在眉睫。本文在借鉴国外经验的前提下,分析了我国农产品供应链的结构模式,并提出促进农产品供应链发展的对策。