Trade Spat Heating up in 2010

Anti-dumping investigations and measures Last year 40 initiations of new anti-dumping investigations relating to the textile and apparel sector were made on China’s exports.The number of initiations remained unchanged compared with the numbers reported for 2009.The Members reporting the highest number of new initiations during Jan.- Dec. 2010 were the United States,reporting 11 new initiations,followed by India, reporting 7 new initiations,the European Union and Turkey(5 each).Concerning reporting the highest number of new initiations on China’s exports in recent years,India came at the top of the list.The data reported above are taken from the report of the PRC Ministry of Commerce.     

中国森林碳汇市场的研究现状及进一步发展的建议

森林碳汇市场的形成经历了自愿行动、试验交易、经验总结和强化认识以及规范、发展等四个阶段.自从它形成之后,国内外的学者纷纷对其进行研究,他们发现计量体系不完善、相关市场制度和规则不完善、法制不完善、市场信息的难以获得以及较高的交易成本等因素阻碍了中国森林碳汇市场的发展.文章建议通过建立控制温室气体排放的强制性政策、建立统一的森林碳汇计量体系和标准、制订相应的法规条例、加强对森林碳汇理论的宣传和研究以及降低交易成本等措施来促进中国森林碳汇市场的发展.     

加强企业财务管理的若干建议

随着现代企业制度的推行,企业财务管理成为企业管理的重要组成部分,企业财务管理直接关系到企业的生存与发展.本文就如何加强企业财务管理提出几点建议.     

Effects of Consumers’ Efforts on Price and Promotion Fairness Perceptions

This research examines how consumers’ efforts as a nonmonetary sacrifice influence their price and promotion fairness perceptions in the context of price promotions. Multiple studies using different price promotion tactics demonstrate that consumers’ perceived level of effort to obtain a reduced price negatively influences their fairness perceptions when they deny the promoted price. Exploring the underlying mechanisms of this effect, we show that the amount of effort consumers exert to obtain a promoted price leads to their feeling of deservingness and entitlement. When the promoted price is denied, this feeling of entitlement is violated, causing unfairness perceptions to occur. The research demonstrates that, in addition to retailers’ actions such as price changes, consumers’ actions, in the form of their effort input, are also an important determinant of fairness perceptions.     

Values,value types and moral reasoning of MBA students

This study uses the Schwartz Values Questionnaire and version 2 of the Defining Issues Test to investigate the values, value types (clusters of related values) and level of moral reasoning of a sample of 108 MBA students in a Canadian university. There are no statistically significant differences in the levels of moral reasoning attributed to gender. Male and female MBA students rank ‘family security’ and ‘healthy’ as their two most important values. For males, hedonism, achievement and self‐direction are the three most important value types, while for females they are benevolence, hedonism and security, respectively. There are statistically significant gender differences for the value types hedonism, achievement, stimulation and power. Overall, however, there are more similarities than differences between the male and the female students. Regression analysis indicates a statistically significant positive association between the postconventional level of moral reasoning as measured by P‐scores and the value‐type universalism. The findings provide further evidence that value types affect the postconventional level of moral reasoning.     

Implied and realized volatility: empirical model selection

The paper studies the nonparametric connection between realized and implied volatilities. No-arbitrage identities and comparison inequalities are found. We formulate the multi-factor trading system on the volatility scale. To empirically determine the number of factors, we develop a high frequency analysis for sequential F-testing. We also design a cross validated estimate of quadratic variation.     

Anonymity in Computer-Mediated Communication: More Contrarian Ideas with Less Influence

Anonymity is thought to be an important means for ensuring a free exchange of ideas by encouraging the expression of minority viewpoints. However, we suggest that anonymity’s reduction in awareness of others potentially affects the expression and interpretation of comments that are made during a discussion. In particular, anonymity will increase the likelihood that comments will be made that are contrary to the majority opinion while at the same time decreasing the effect that those contrary arguments have on other group member’s opinions. This paper reports experimental results showing that anonymity led to more overall participation in discussions of ethical scenarios. However, equality of member participation did not differ between anonymous and member-identified groups, and anonymous groups had significantly higher awareness-related comments. This leads to the conclusion that additional participation in anonymous groups accommodates reduced awareness rather than reflecting the increased participation of normally reticent group members. In addition, anonymity led to more arguments in support of questionable behavior, suggesting that the freeing effects of anonymity apply to the social desirability of arguments. Finally, there was less change in opinion under conditions of anonymity than when comments were identified, suggesting that anonymous arguments have less influence on opinions than identified comments.     

泛珠三角区域金融合作探讨

泛珠金融合作有着可行的经贸基础,金融发展梯度明显,金融合作的互补性强。以此探讨泛珠经济圈内各主体金融合作,其中包括政府行政金融资源合作、金融机构合作和相关社会金融组织合作,推动泛珠金融合作的深化,进而有效促进泛珠经济发展。     

影响我国排污权交易政策实施的环境主体利益分析

结合污染物的总量控制和排污许可证制度,我国已经进行了10多年的各类排污权交易试点工作。但是,排污权交易却至今未能形成一个全国统一的环境政策。本文根据新制度经济学的基本原理从环境空间主体利益、环境消费主体利益两个方面的分析表明,我国的排污权交易政策之所以至今未能在全国全面实施,主要是以利益为核心的一系到因素所促成的。     

关于加强城市商业银行战略重组的探讨

随着银行业竞争的加剧,加强城市商业银行的战略重组具有现实的必要性。为化解重组中的难点,城市商业银行应从战略全局出发协调各方利益冲突,坚持政府主导与市场引导相结合的原则适时推进城市商业银行的战略重组。