Introduction: Firms with Behavioral Biases

Review of Industrial Organization -     

中国传统农业规划实践与启示

[目的]从土地利用规划、村镇规划、水利工程规划、生态环境规划等四个方面论述传统农业规划的主要做法和经验,并总结对现阶段我国农业和农村建设的启示。[方法]采用文献调研与对比研究相结合的方法,通过文献调研总结古代农业规划经验,利用对比研究提出对我国现代农业发展的启示。[结果]传统农业强调因地制宜,根据土壤质量、气候条件等优化农产品布局,充分考虑环境容量、便利性、环境改善等进行城镇规划,注重风水理论在村镇规划中应用,按照尊重自然、顺应自然、融入自然、灌排调相结合建设了一批重大水利工程。[结论]传统农业规划思想对于土地利用及产业布局优化、农业生态环境的保护与制度建设、新农村建设等具有重要的借鉴意义。     

东莞经济结构调整障碍及对策分析

本文分析东莞经济结构的运行特色和人们的用资行为与经营行为及其对经济结构调整的制约，以此为基础，探讨东莞经济结构调整的对策。一是加大政府投资，二是鼓励民间投资。     

Government Expenditures and Economic Growth: The Supply and Demand Sides*

This paper uses a new approach to estimate how government expenditures affect the growth rate of real GDP. They affect the growth rate through three channels ‐ total factor productivity, investment and aggregate demand. We find that apart from government investment, all government expenditures have negative marginal effects on productivity and GDP growth. In particular, a 1 percentage point increase in the share of government consumption in GDP reduces the equilibrium GDP growth rate by 0.216 percentage points, while the same increase in government investment raises the growth rate by 0.167 percentage points. This suggests that a reallocation of 1 percentage point of government consumption to government investment can raise the growth rate by 0.38 percentage points.     

THE EFFECTS OF OVERPAYMENT AND FORM OF FINANCING ON BIDDER RETURNS IN MERGERS AND TENDER OFFERS

In this paper I examine the effects of overpayment and form of financing on bidding firms' stock returns and the determinants of the form of financing in mergers and tender offers. First, I find that in the 1980s potential overpayments to target shareholders and the form of financing are important for explaining cross-sectional differences in bidding firms' returns upon the announcement of mergers or tender offers. Second, I find that in the 1980s cash offers were likely to be chosen by cash-rich firms relative to their industry, and stock exchange offers were likely to be chosen by normal cash-generating firms relative to their industry. The latter finding is consistent with the pecking order hypothesis and casts doubt on recent signaling explanations of the form of financing.     

浅析区域物流系统优化

分析了我国区域物流的特征,并就区域物流系统优化的内涵、动力机制和优化原则进行了分析。     

我国滨海休闲产业发展中的问题及对策

探讨了滨海休闲产业的概念及我国滨海休闲产业的发展条件,重点分析了滨海休闲产业存在的问题,提出解决问题的相关对策,对我国滨海休闲产业未来的发展方向进行了深入探讨和前瞻性研究.     

对日本农业政策性金融体制的若干观察与思考

笔者考察了日本的农业政策与农业政策性金融,农业政策性金融与粮食、食品生产及安全,农业政策性金融信贷模式与融资路径、模式等。并就上述问题,联系我国“三农”实际,从理论与实践层面做了一番观察和思考。     

新世纪亟待发展职业技术教育

经济是基础,而教育更是发展国民经济基础的基础,现代国际的竞争是经济的竞争,生产力的竞争,说到底还是人才教育的竞争,因此,要使我国经济持续增长,必须依靠教育.我们深知,二十一世纪是一个知识经济的时代,教育是牵引中国走进知识经济时代的发动机,在农业社会和工业社会曾起过重要作用的生产要素即劳动力、能源等不再成为推动经济增长的主要因素.教育本身作为知识生产和再生产的阵地,必然是未来经济增长的主要因素.纵观发达国家,以高科技为基础的知识经济证明,国家要想跟上世界经济发展的主流,并保持国际竞争能力,不仅需要一个具有战略意义的国际信息网络和一个在运作模式上同国际经济发展主流接轨的文化知识产业体系,而且需要有能够使知识有所创造、加工、传播,职业性知识与技术应用有机结合起来的体系.