基于传统地理空间和网络虚拟空间进行的两类产业转移之对比研究

从空间区域角度来划分产业转移,可以将产业转移划分为传统地理意义上的产业转移和基于网络虚拟空间进行的产业转移。利用逻辑演绎和规范分析方法对两类产业转移进行对比研究,发现两类产业转移的内涵不同,且在转移机制、转移路线、主导力量和转移特征上都存在差异。对于区域产业经济的发展而言,两类产业转移都可以成为促进产业优化升级的手段。虽然产业在地理区间内转移仍然是产业转移的主要途径,但随着网络经济的深化发展,基于网络虚拟空间进行的产业转移会成为各地区产业发展中不可忽略的方式。     

Strategic Sequential Bidding for Government Land Auction Sales – Evidence from Singapore

This paper studies the extent to which equilibrium land auction prices are pushed up sequentially due to strategic bidding behaviors in government land auction sales. Using a unique dataset that covers the universe of tendering prices submitted by all developers for all residential land auction sales in Singapore, we find that a tenderer’s bids are significantly higher where there was a previous land parcel sold within two years and located within four kilometers. The identified price margin decreases with time and geographic distance. Tracking sequential bids submitted by the same developer over time, we find that the incumbent winner of a previous auction is more likely to participate in subsequent nearby land sales as compared to the second-highest bidder of the same auction. However, it does not necessarily win the subsequent sites. We argue that the incumbent deliberately bids up the subsequent land prices to gain pricing advantages to their own parcels.     

制度空间下国家级新区空间重构过程与机制--以重庆两江新区为例

制度空间是特定的地理空间中某些被建构并产生有效影响力或影响范围的制度,它是我国国家级新区的重要表征之一,也是推动空间重构的重要因素。建构了"制度空间—行为选择—空间重构"的分析框架,通过实地考察、深度访谈、空间分析相互结合相互佐证的方法,对两江新区的制度空间、主体行为与空间重构的关系进行分析。研究表明:两江新区经历了构想空间、产业空间到消费和居住空间的重构过程,"强激励"与"弱约束"的制度空间扩大了主体行为的空间与资源,是空间重构的内生性力量。地方政府借助制度空间条件,通过空间规模扩张、空间开发垄断和空间场所营销等"理性"行为,在发展初期实现了对空间开发的主导和操纵。随着建成环境的不断完善及地方政府的制度实践,企业"趋利性"投资促进了空间转型和土地升值。原农村居民的"服从配合"和空间让渡助推了空间重构,而不断壮大的富裕和中产阶层通过空间消费,逐渐成为空间重构的积极参与者和受益者。     

Economic Impacts of the Possible China–US Trade War

This article uses a multi-country global general equilibrium (GE) model to numerically simulate the effects of possible China–US trade wars. We introduce an endogenous trade imbalance structure with trade cost into the model which helps to explore both tariff and non-tariff trade war effects. Our simulation results show that China will be significantly hurt by the China–US trade war, but negative impacts are affordable. The US can gain under unilateral sanction measures to China, but will lose if China takes retaliation measures. Comparing the effects under mutual trade war, China will lose more than the US. Introducing non-tariff barrier trade wars will intensify the negative effects, and comparatively negative effects to China are larger than to the US. Mexico’s involvement in trade war with the US will strengthen the negative effects and comparatively hurt the US more. Under non-cooperative and cooperative Nash bargaining equilibrium, the US can gain more than China in trade war negotiation, which means the US has stronger bargaining power than China. Additionally, trade wars between China and the US will hurt most countries and the world especially in GDP and manufacturing employment, but benefit their welfare and trade.     

Patterns of poverty among elderly Americans: a latent class Markov model

This article studies poverty persistence and the role of social security programmes on poverty among elderly in the US. We use a Latent Markov model to disentangle unobserved heterogeneity and state dependence. Because of its dynamic nature, unobserved heterogeneity is modelled to vary over time. This allows to capture different latent states of poverty that change over time. Result indicates the existence of three unobserved types evolving over time according to their propensity to be poor. Moreover, a strong persistence in poverty especially for women, individuals living alone and ethnic minorities is found. Finally, the estimates indicate that giving social assistance tends to reduce poverty.     

Organisational change in new ventures in Chinese context: the open innovation

This paper uses case study method to examine the acquisition process of information and funding through the implementation of open innovation (OI) in new ventures in Chinese context. We find that in the process of accessing to the marketing or technical information through OI, the most important thing for enterprises is to establish trust and cooperation with familiar partners, and trust is derived from existing social relations. In the process of funding acquisition through OI, the most important thing for enterprises is to strike a balance between gains and losses.     

A tale of two clusters: knowledge and emergence

Cluster emergence is an important topic but weakly conceptualized in the literature. Focusing on the interaction of the local knowledge pool and firm growth, the paper develops a comprehensive framework to understand cluster emergence. In the framework, the cluster formation process starts with the collision of local and external knowledge which generates an innovation and stimulates the creation of local pioneering firms in a new field. To support the growth of follow-up entrants in the new industry, the local knowledge pool needs to be expanded and deepened through local knowledge sharing and external knowledge inflows. The enlarged local knowledge pool enables local firms to grow and explore other fields further. To promote cluster emergence, public policies need to facilitate the interaction of the local knowledge pool and firm growth. The paper illustrates the interactive framework with two aluminum extrusion clusters in China that emerged in different ways over different time periods.     

Unfolding China’s state-owned corporate empires and mitigating agency hazards: Effects of foreign investments and innovativeness

Integrating agency and institutional perspectives, we describe how China’s socio-political institutions create state-owned corporate empires with unique agency conflicts. We develop a framework demonstrating how economically unjustified firm expansion, i.e. empire building, mediates the relationship between state ownership and performance. We uncover the instrument in empire building and appropriate corporate governance and strategic management remedies. An empirical study on 29,638 Chinese firms evidences that (1) increased state ownership drives higher management expenses and lower firm profitability though empire building; (2) long-term debt is used to finance empire building; and (3) foreign capital investments and innovativeness can mitigate these agency conflicts.     

Toward a Typology of Family Firm Corporate Entrepreneurship

Family involvement in business creates idiosyncrasies in firm behavior that promote long‐term, often transgenerational, strategic logics that ostensibly align with the motivations and outcomes of corporate entrepreneurship. Interestingly, extant research provides only minimal insight into the heterogeneous nature of corporate entrepreneurship orientations pursued by family firms. To better understand this heterogeneity, we develop a typology of corporate entrepreneurship in family firms providing a reconciliatory approach to this literary diversity and suggest that the varied corporate entrepreneurship orientations of family firms are impacted by the duality of a family's distinct intention to pursue transgenerational succession and capabilities to acquire external knowledge.     

美国全球金融战略分析

作为第二次世界大战的最大赢家,美国在战后成为世界政治经济秩序的主导者。为强化自身的地位,美国对其国家安全问题从战略定位、体系架构、机构设置和运行机制等各方面进行了全面调整,将美国利益至上、先发制人等单边主义与追逐永久霸权或明或暗地糅合在一起。