焦作市经济转型研究

<正>一、焦作市转型前经济状况焦作市位于河南省西北部,北依太行山,南抵黄河,因煤而兴。19世纪中叶,英国开始在焦作大规模开采煤炭,直到建国后,焦作一直是全国著名的"煤城",煤炭产业曾在全市国民经济中占据统治地位。但是,进入20世     

正确把握大思路 配套推进分税制——兼与“纵向分两段，横向分两块”的主张商榷

本文认为,以分税制为基础的分级财政是市场经济新体制所要求的财政体制,需要在统一市场构建中逐步贯通运行这一财政体制,过渡措施不应凝固为实现中长期目标的障碍,要正确把握大思路,配套推进分税制。     

关于中国跨国油气管道安全问题的思考

近年来,我国能源对外依存度不断提高,我国通过多条跨国管道保障国家的能源供应安全。本文简要介绍了我国陆上油气通道的情况,分析了这些跨国油气管道所面临的政治、社会、宗教、战争等风险,提出了应对这些风险的措施,供相关企业及部门参考。     

Oil shocks,policy uncertainty and stock returns in China

This paper examines the interdependence of China's policy uncertainty, the global oil market and stock market returns in China. A structural VAR model is estimated that shows that a positive shock to economic policy uncertainty in China has a delayed negative effect on global oil production, real oil prices and real stock market returns. Shocks to oil market‐specific demand significantly raise China's economic policy uncertainty and reduce the real stock market returns. As measured by a spillover index, the interdependence between these variables has been rising since 2003 as China's influence in the oil market has increased. An equivalent spillover index calculated for the US is smaller and has been largely flat over time.     

Hyperbolic Discounting,Borrowing Aversion and Debt Holding

Analysis of an original Internet‐based survey reveals that debt holding is related to time discounting through: (i) present bias, measured by the degree of declining impatience in the generalized hyperbolic discount function; (ii) borrowing aversion, captured by a sign effect in that future losses are discounted at lower rates than future gains; and (iii) impatience, measured by the overall discount rate. Hyperbolic respondents are classified naïve if their answers reveal them to be time‐inconsistent procrastinators, and otherwise sophisticated. Naïve respondents with more steeply declining impatience are more likely to be debtors. The sign effect relates negatively to borrowing. Survey responses indicative of high or declining impatience are associated with credit card borrowing and other overborrowing indicators.     

Lags and Leads in Life Satisfaction in Korea: When Gender Matters

Using detailed longitudinal data from the Korean Labor and Income Panel Study (KLIPS) from 1998 to 2008, this paper finds significant gender differences in impacts as well as adaptation patterns to major life and labor market events in Korea. Men remain on a higher happiness level throughout marriage, while women return to their baseline happiness within only two years. Consequently, men suffer more from divorce and the death of a spouse. This marital gender happiness gap is equivalent to a (husband only) increase of annual per capita household income of approximately US$17,800. The study further finds that men suffer more from unemployment. Results are robust to the inclusion of multiple simultaneous events and the use of different estimators.     

中国出口中间产品市场集中度:质量竞争还是价格竞争?

文章利用2000~2006年中国海关微观数据,采用产品的单位价格和赫尔芬达尔-赫希曼指数(HHI)分别测度产品的质量和市场集中度,考察了中国出口中间产品的质量对其市场集中度的影响。实证研究表明,单位价格测度的中间产品质量对市场集中度有显著的负向影响,这意味着宏观上中国中间产品出口企业没有采用质量竞争策略提高市场份额,而是采用价格竞争策略来获得市场份额。实证研究还发现,进口中间产品质量、双边中间产品贸易规模、出口企业数量和贸易国收入水平对中国出口中间产品市场集中度有负向影响,而中国行业平均工资和行业人均固定资产对中国出口产品市场集中度具有正向影响。     

Revisiting the Concept of a Societal Orientation: Conceptualization and Delineation

Marketers have traditionally evaluated products and practices on the basis of whether something could be sold. It is also important to evaluate products and practices from a societal perspective, “Should a product be sold?” The first idea reflects a managerial orientation and what must be done to sell a product; the second idea reflects a societal orientation and the impact of selling a product. In relation to the second idea, the societal marketing concept was introduced in 1972. There has been little advancement in our understanding of a societal orientation since that time. The current study presents a conceptualization of a societal orientation based on a review of literature and qualitative interviews. The construct was conceptualized as “attention to the long-term well-being of individuals and society at large by enhancing positive impacts from and reducing negative effects associated with production and consumption of a product.” Five domains comprising a societal orientation are proposed: physical consequences, psychological well-being, social relationships, economic contribution, and environmental consciousness.     

New development: Fiscal reform in South Korea: looking back and moving forward

ABSTRACT

At first glance, it seems that South Korea’s three fiscal systems (mid-term expenditure framework, top-down budgeting, and performance management) function well. However, each fiscal system operates separately and they are inefficient because they follow past practices. This article explains what the problems are and how to overcome them.