国家级新区绿色增长能力建设影响因素分析

基于利益相关者理论，通过文献研究与实地调研，梳理了影响国家级新区绿色增长能力建设的主要因素，并应用Grey DEMATEL方法进行影响因素因果关系分析，在此基础上进一步剖析国家级新区绿色增长能力建设内在机理。研究结果表明：法律法规完善性是影响国家级新区绿色增长能力建设的根本性动力因素，同时，也是新区绿色增长能力建设内在机理的重要外在驱动力。此外，当地居民环境意识也是影响国家级新区绿色增长能力建设的重要结果性因素，而企业绿色管理实践、绿色技术进步与创新能力作为重要的关键性因素，对国家级新区绿色增长能力作用显著，是国家级新区绿色增长能力建设的重要内在驱动力。     

内外融资条件、融资约束与企业绩效——来自京津冀地区企业调查的新证据*

基于独特的京津冀地区企业调查数据和克服内生性的结构方程模型，本文对融资约束的成因及影响进行了实证分析。分析结果表明，企业自身条件和外部市场环境均对融资约束有重要影响，且企业自身条件对融资约束的影响更强。总的融资约束指标对企业绩效的影响不显著。在区分融资约束的不同维度后，本文发现，融资可得性提高显著促进了企业绩效提升，融资频率增加却降低了企业绩效，而融资获得速度（等待时间）对企业绩效没有统计上的显著影响。进一步的分析表明，无论是正规融资渠道，还是非正规融资渠道，上述结论仍然成立。利用多种政策提高企业的管理水平，改善企业的自身条件，是缓解融资约束的最有效办法。     

后补贴时代中国新能源汽车产业发展研究

2019年3月,四部委公布新一轮新能源汽车补贴政策,相比2018年标准平均退坡超50%。自政策公布之后,国内新能源汽车市场环境发生巨变,新能源汽车销量增长明显放缓,部分新能源汽车及零部件企业经营困难甚至倒闭,加之以特斯拉为首的外资新能源汽车企业陆续在华设厂投产,使国内新能源汽车市场竞争加剧,下行压力增大,新能源汽车产业正式进入后补贴时代,在此背景下,需要政府部门、相关企业重新评估市场现状,制定新的新能源汽车产业发展战略和路径,推动产业持续健康地发展。     

The Emergence of Proto-Institutions in the New Normal Business Landscape: Dialectic Institutional Work and the Dutch Drone Industry

In the current business landscape, in which technology-enabled entrepreneurship is part of the New Normal, regulatory institutional structures are in constant flux. Previous studies have framed the challenges facing entrepreneurs in mature organizational fields as avoiding the power of overbearing regulators long enough to establish the legitimacy of their ventures. In fields typified by New Normal conditions, however, regulatory frameworks for evaluating new technology-enabled ventures are often still lacking. Regulators may choose to actively reach out to entrepreneurs to arrive at a better understanding of the radical technological changes and high-frequency entrepreneurial behavioural adaptations that occur in these settings. To grasp how novel regulatory institutional structures come about in the New Normal business landscape, we conducted a processual study of the emergence of a new technology that is the Dutch remotely piloted aircraft systems (drone) industry between 2000 and 2018. Our findings show that regulatory proto-institutions result from dialectic institutional work in the form of structured interactions between entrepreneurs and regulators. Specifically, we present a process model that reveals how new regulatory structures evolve in contexts where high levels of technological and behavioural change induce systemic uncertainty, and enlarge the interdependence between entrepreneurs and regulators. We suggest that our process theory of proto-institutional emergence generalizes towards other organizational fields in which technology-enabled entrepreneurship has become the main driver of growth. Theoretically, our findings speak to the literatures on institutional work, proto-institutional emergence, and the New Normal business landscape.     

FX Intervention in the New Keynesian Model

We develop an open-economy New Keynesian Model with foreign exchange (FX) intervention in the presence of a financial accelerator and shocks to risk appetite in international capital markets. We obtain closed-form solutions for optimal monetary and FX intervention policies assuming the central bank cannot commit to future policies, and we compare the solution to that under policy commitment. We show how FX intervention can help reduce the volatility of the exchange rate, of inflation, and of the output gap, thus mitigating welfare losses associated with shocks in the international capital markets. We also show that, when the financial accelerator is strong, there is a risk of indeterminacy (self-fulfilling currency and inflation movements) although FX intervention can reduce this risk and thus reinforce the credibility of the inflation targeting regime. Model simulations match well the impact of a VIX shock obtained by local projections on a panel of inflation targeting emerging markets.     

Institutionalising multiple accountability logics in public services: Insights from Australia

This paper reports on a field study of how a range of inter-institutional and inter-organisational forces shape the evolving rhetoric and practice of multiple accountabilities in public services. Drawing on the institutional logics perspective, we carried out a qualitative field study in the Australian Commonwealth Public Service involving semi-structured interviews, two focus group discussions, and the examination of internal accounting, management reports, and government archival records. The findings suggest that emphasis on conventional instrumental mechanisms and reporting tools, such as budgeting and accrual-based reporting, support managerial (instrumental) accountability through compliance logics. We conclude that an emphasis on public (relational) accountability through public dialogue is central to the public sector accountability debate, and that more attention needs to be paid to the question of how to balance the dual logics (instrumental and relational) in public services. The findings provide practical insights for public sector managers, policymakers and governments responsible for designing and implementing reforms, accounting tools, and accountability practices.     

论习近平新时代中国特色社会主义思想的精神实质与实践要求

习近平新时代中国特色社会主义思想是党的十九大的灵魂和主线,是我们党迈进新时代、开启新征程、续写新篇章的政治宣言和行动指南。其精神实质集中体现在贯穿这一伟大思想始终的以人民为中心、斗争精神和知行合一。其实践要求至少应包括坚持党的全面领导,牢固树立“四个意识”“四个自信”,坚决做到“两个维护”;落实以人民为中心的发展思想,从保障和改善民生做起,坚持群众想什么、我们就干什么;将全面深化改革进行到底,坚定改革的决心和信心,掌握改革的方法等。同时,习近平总书记对北京工作也提出了一系列要求,如以建设国际一流的和谐宜居之都为战略目标;以探索构建超大城市治理体系为首要任务;以精治共治法治为切入点等等。     

Is the unemployment–inflation trade-off still alive in the Euro Area and its member countries? It seems so

The unemployment–inflation trade-off can be interpreted as a proposition concerning the response of these two variables to aggregate demand shocks. In this paper, we study the possible presence of the trade-off in the Euro Area and in a wide group of Euro-area countries in the last 20 years, that is, since the start of EMU. We use the structural VAR methodology that allows the separation between supply and demand shocks. Our main finding is that the existence of a trade-off is largely confirmed both at the Euro Area and at the national level. Nevertheless, the size of the trade-off, measured at different horizons, shows some heterogeneity among countries. No less important, when we augment the VAR model by introducing monetary policy in the context of an open economy, we find that monetary policy shocks push inflation and unemployment in opposite directions in the currency area. Another interesting result concerns the evidence of a relatively flat relation between unemployment and inflation, conditionally to monetary policy shocks. The bulk of these conclusions seem to be confirmed by a number of robustness checks.     

中国高新技术企业认定政策绩效评估

高新技术企业认定政策是国家为扶持和鼓励高新技术企业发展而提出的一项重要政策，但其实施效果如何有待验证。采用2007、2010及2011年《中国工业企业数据库》数据，运用双重差模型对高新技术企业认定政策绩效进行评估。通过实证研究发现：①高新技术企业认定政策有助于提高企业市场价值及市场占有量；②高新技术企业认定政策对企业研发投入的增长影响不显著；③相对于中小型企业，高新技术企业认定政策对大型企业影响更大。最后，提出相应的政策建议，以期为我国高新技术企业认定政策完善提供启示。     

基于库存理论的铁路始发直达运输产品设计

将库存理论运用到铁路始发直达运输产品设计,能够有效实现运输服务组织成本与库存成本的有机统一。为实现库存成本在铁路始发直达运输中的加载,在考虑周期非完整情况下的库存成本的同时,将铁路运输和库存成本纳入同一目标函数,在装卸车地库存能力约束下,构建基于库存理论的铁路始发直达运输产品设计模型,确定成本最小的铁路始发直达运输产品设计方案。以赤峰地区至山东省煤炭运输网络为例,设计方案有效降低了成本,有助于吸引客户选择铁路运输,以及辅助铁路运营单位研究调整始发直达运输产品方案。