聊城市的三个“刘老大”

在山东西部的聊城市,三个企业的迅猛发展使这个尚欠发达的地区让人刮目相看。从1993年至今,山东时风集团在零起步的情况下,一举夺得农用拖拉     

The contribution of a satellite market to price discovery: Evidence from the Singapore exchange

The Singapore Exchange (SGX), a small satellite market, successfully competes with a large home market, the Osaka Securities Exchange (OSE), in trading the Nikkei 225 futures index. In this paper, we investigate the contribution of the SGX to price discovery and shed light on the reasons for its continued success. Evidence is provided from information revelation and price discovery of three competing but informationally linked markets of the Nikkei 225 index—domestic spot (Tokyo Stock Exchange), domestic futures (OSE), and foreign futures (SGX), which represents the satellite market. Overall, the futures market contributes 77% to price discovery, with the satellite market contributing 42% of the futures and 33% of the total price discovery. These figures, surprisingly, far exceed the satellite market's share of trading volume. Support is provided for the extended trading hours on the SGX for three of the four non‐overlapping trading sub‐periods. © 2004 Wiley Periodicals, Inc. Jrl Fut Mark 24:981–1004, 2004     

入世前后中国制成品产业内贸易发展的对比分析

中国加入世界贸易组织以后,制成品贸易取得了突飞猛进的发展。然而,制成品产业内贸易指数从中国入世以后开始出现下降趋势,主要是由于资本和技术密集型的机械与运输设备产品的产业内贸易指数下降所引起的。本文在国际贸易标准类的基础上,从制成品产业内贸易指数在中国入世前后的发展变化入手,对两个阶段的产业内贸易发展进行了分产业和增长贡献的对比分析,并提出相关的政策建议。     

煤矸石的综合利用探讨

针对煤矸石化学组成的差异,讨论了煤矸石生产绿色建筑材料,制造保温材料,制取铝盐系列和硅系列化工产品的几种综合利用途径,达到废物无害化、减量化、资源化利用,保护生态环境,实现可持续发展的目标.     

中法文化交流的一次视觉盛宴

深秋的济南略显清冷,而在山东省博物馆,一次独具特色的文化碰撞与交流让这里充满了火热的激情.中法文化交流活动之一的<交流的目光>摄影展在山东的展出从这里拉开帷幕.     

台湾农业转型的主要历程、趋势与启示

本文分析了台湾农业转型发展三个阶段及其主要趋势，提出农业经济地位下降、农业相较于其他产业的弱势、农业人口减少是农业发展过程中的必然结果，而农业功能定位也必须多样化。     

China's regional income disparityAn alternative way to think of the sources and causes1

Using data on China's provincial economies for the period 1978–2005, we decomposed the causes and factors that have contributed to inter‐regional per capita income disparity. Variance in capital per employee and variance in capital elasticity are found to be the two main sources of income disparity while the employment–labour force ratio is shown to be an important factor in containing the rise of income disparity. An analysis on inter‐regional factor reallocation effects reveals their relatively small and insignificant contributions to overall growth performance. It is also discovered that capital has in most years flowed in the right direction to pursue higher marginal productivity across provincial economies. Inter‐provincial labour movement, on the other hand, had not displayed significant equilibrating effects until institutional reforms started to allow freer inter‐regional labour mobility in later years. Generally, we conclude that market‐oriented factor mobility has played a crucial role in equalizing factor returns as well as enhancing growth efficiency across regions.     

会计基本准则中会计信息质量要求逻辑的思考

财政部于2006年2月15日正式发布了企业会计准则体系，并规定自2007年1月1日起在上市公司范围内施行。本次会计准则体系制定的主要思路之一是参照国际财务报告准则，并充分考虑中国现阶段的国情，以使按企业会计准则体系编制的财务报表能够更加真实、公允地反映企业的价值。基于这一出发点，企业会计准则体系在规范会计信息质量要求上实现了诸多突破。本文拟从基本会计准则的理论指导层面。分析这些突破的东龙去脉。并提出了封基本准则会计信息质量要求的不足和改进意见。     

Bid‐ask spreads,volatility, quote revisions,and trades of thinly traded futures contracts

We investigate intraday bid‐ask spreads (BAS), volatility, and trading activity of thinly traded equity index futures contracts on the Singapore Exchange. Contrary to previous findings, we find a rather flat BAS pattern during the trading day. However, consistent with past findings, an increase in risk widens the spread and a higher trading activity reduces it. When trading occurs in a day, spreads are reduced. No significant difference in volatility between days with and without trades was detected. When trades occur, quote revisions increase, and it is positively related to the number of trades. An increase in the number of quote revisions increases the likelihood of a transaction, and when quotes are current, revisions that are accompanied by trades carry new information. We provide evidence that contracts that are thinly traded may possess liquidity attributes as long as their price quotes remain current. © 2003 Wiley Periodicals, Inc. Jrl Fut Mark 23:455–486, 2003     

技术性贸易壁垒对我国国际技术贸易的影响分析

一、贸易技术壁垒概述1.贸易技术壁垒是以技术法规、标准、合格评定、认证等技术性的措施对外国出口至本国或本地区的产品进行限制的非关税壁垒随着关税壁垒的减弱,技术性贸易壁垒已经成为多边贸易中最隐蔽,最难对付的一种非关税壁垒,构成当今国际国际贸易中最棘手的问题之一。