Social accounting in the local economy

High levels of unemployment have stimulated contemporary interest in social accounting. Decisions taken on the basis of private profitability, without regard for the wider economic and social consequences, may not be in the interests of the local community and the workforce. Traditionally such social consequences do not feature in accounting procedures for decision making or control purposes. But while local authorities are now showing more interest in social accounting, conceptual and practical problems must be addressed. This article highlights some of the major issues and calls for experimenting and publication of results to speed the development of useful techniques.     

Great Moderation in the Japanese economy

This paper investigates the contribution of technology and nontechnology shocks to the changing volatility of output and labor growth in the postwar Japanese economy. A time-varying vector autoregression (VAR) with drifting coefficients and stochastic volatilities is modeled and long-run restriction is used to identify technology shocks in line with Galí (1999) and Galí and Gambetti (2009). We find that technology shocks are responsible for significant changes in the output volatility throughout the total sample period while the volatility of labor input is largely attributed to nontechnology shocks. The driving force behind these results is the negative correlation between labor input and productivity, which holds significantly and persistently over the postwar period.     

中国——东盟经济一体化初探

文章就中国－－东盟经济一体化的现实需要，贸易效应、阶段目标和具体障碍等方面进行了探讨。     

新经济:基于传统产业的思考

信息费用的降低和全新的技术、产品创新机制是推动新经济到来和支撑新经济发展的本质因素。在此基础上 ,各产业部门的生产率普遍地提高 ,社会生产力的发展得到源源不断的推进力 ,市场空间由于信息费用的降低和新产品的面世而被不断地拓展 ,社会经济因此在整体上获得了持续、强     

The situation in the Russian economy

This article, written for a Project LINK international conference, looks at the medium-term growth trends of the Russian economy and analyzes the stability potential and crisis points of the prevailing economy reproduction model.The forecasting part examines measures used in three growth scenarios: “economic activism of the state,” “support of business” (both subject to a lasting favourable foreign economic situation), and “adaptive” (for the case of a fall in oil prices). The authors come to the conclusion that in the current situation, a greater growth potential is associated with the scenario of “economic activism of the state,” which envisions, in particular, investment in projects lessening infrastructural constraints on growth.     

The political economy of gambling in a neocolonial economy

Conclusion This study has attempted to show the entrenched character of parasitic capitalism in the form of gambling in the Jamaican economy on a scale that massively but painlessly redistributes income from the working class to the petite bourgeoisie. It speaks to a dimension of class exploitation that is often ignored in the focus on large multinational corporations and has parallels in the parasitic forms of capitalism that exploit the black community in the United States. Parasitic capitalism is seen as promoting a form of false class consciousness that seeks outlets to class frustrations in precapitalist illusions of luck and chance that feed the coffers of the grasping petite bourgeoisie with hard-earned working class wage incomes. The data and findings point clearly to the need to either eliminate parasitic capitalist activities such as gambling or alternatively remove it from the control of the petite bourgeoisie and convert the capital accumulated to community and mass-oriented development and social projects.     

新经济形势下我国经济法的任务探析

我国经济在经历高速发展过程中,出现了许多问题和弊病,这些问题主要集中在体制、经济模式、经济安全问题几个方面,而欲建立良好的经济环境以提高全民生活水平、增强国际竞争力,经济法堪承此任。新的经济形势下,经济法之任务体现为:更多的用法律来规范政府政策的出台,用法律思想推动体制改革的深化;改变政府投资、管理为主的经济模式;我国仍需进一步完善已初步构建的社会主义市场经济法律体系,用法律来保障我们的经济安全。     

Capital inputs in the Chinese economy: Estimates for the total economy,industry and manufacturing

This paper presents new estimates of capital inputs in the Chinese economy. Estimates are made for the total economy (1953–2007), for the industrial sector (1953–2007) and for manufacturing (1985–2007). The capital input estimates for industry and manufacturing are also broken down by thirty regions. The paper makes a systematic attempt to apply SNA (System of National Accounts) concepts to the estimation of capital inputs, according to the Perpetual Inventory Method. It makes a clear distinction between capital services from a productivity perspective and wealth capital stocks. The paper provides a detailed analysis of the relevant Chinese statistical concepts and data. It provides an explanation of the procedures followed in constructing the new national and regional capital input series.     

论不动产物权登记的效力

江苏经济正处在市场化、国际化、信息化和继续工业化的新时期 ,本文针对江苏省的具体实践 ,分析了江苏省存在区域经济发展不平衡、产业结构不够合理等问题 ,进而提出用产业经济支撑江苏区域经济协调发展的几点建议及保障措施。     

区港合一与厦门港城经济发展

区港合一指的是保税区、港口码头作业区实行一体化运作,在货物监管上采取一线放开、二线管住、区内宽松的自由贸易模式。按照构想,在厦门实行区、港合一,主要是充分利用象屿保税区坐落在东渡港区、区内无居民而便于实行隔离监管的优势,将象屿保税区与东渡港区进行组合,形成一体     

Greening the local economy

While there has been a growing awareness of environmental issues in recent years, there has been little attempt to integrate environmental policy with economic development issues. This paper argues that this is an issue which should be addressed by local authorities and suggests ways in which local authorities could begin to move towards sustainable local economic development.     

Improving market performance in the digital economy

The digital economy has substantially reduced market frictions but also posed new challenges for the efficient functioning of markets. In particular, the drastic reductions in the costs of search, entry, transportation, and reproduction have profound implications for the role of platforms, the value of innovation, and the balance between firms' data needs and consumer privacy. I review some recent economic research that sheds light on these issues, and discuss how well-designed policies on competition, regulation, IP protection, and consumer privacy can improve market performance in the digital economy.     

The American economy in the 1980's

Conclusion There are many things that could distort or completely change the picture that has been sketched of the U.S. economy in the 1980's. War and major technological innovations are two that come immediately to mind. A quick and unexpected reversal of the trends that form the basis of the picture could also, although this seems very unlikely. Or new and unanticipated socio-psychological trends could be generated which would result in a different picture than the one presented. Perhaps it appears that I have stuck my neck out in this discussion. If you think that, you are wrong; I am in a can't-lose situation. If I am right, I can always point to my statements of 1978. Since the anticipations of this paper cannot be fully judged for at least a decade, I am safe even if I am wrong. In ten years nobody except me will remember what I said today, and even I may not. Presidential Address to the Sixth Annual Atlantic Economic Conference, October 11–14, 1978, Washington, D.C.