Welfare receipt and the intergenerational transmission of work‐welfare norms

This article investigates the role of welfare receipt in shaping norms regarding work and welfare using unique Australian data from the Youth in Focus Project. We begin by incorporating welfare into a theoretical model of the transmission of work‐welfare norms across generations. Consistent with the predictions of this model, we find evidence that youths' attitudes toward work and welfare may be influenced by socialization within their families. Young people are more likely to oppose generous social benefits and to believe that social inequality stems from individual characteristics if (i) their mothers support these views; (ii) their mothers were employed while they were growing up; and (iii) their families never received welfare. Finally, youths' work‐welfare norms appear to be unrelated to their neighbors' welfare receipt suggesting that socialization occurs primarily within families rather than within neighborhoods.     

Impact of Online Reviews on Consumer’s Hotel Booking Intentions: Does Brand Image Mediate?

Abstract

The recent trend suggests that people are more inclined to online hotel reviews to take online hotel booking decisions. The present study argues that when consumers are exposed to online hotel reviews, it draws an impression of the hotel brand in the mind of consumers, resulting in influence their hotel booking intentions. The current study determines the mediation effects of brand image between credible online hotel reviews and consumers’ hotel booking intentions. To ascertain the uni-dimensionality of the scales, the present study executes exploratory factor analysis. The ensure the internal consistency of the variable scales, the study determines Cronbach’s alpha. To measure the mediation effects, the present study performs structural equation modeling bootstrapping method. Data analysis reveals that marketers should look at hedonic brand image, which ultimately influences consumers’ hotel booking intentions. This is a unique study that ascertains the type of brand image that actually mediates between the impact of online hotel reviews and consumers’ hotel booking intentions. In addition, the paper furnishes theoretical background on how people interpret online hotel reviews and its effects.     

加入世界贸易组织对中国社会经济的深层影响

本文认为,我国加入世界贸易组织,首先解决了“入世”前长期困扰我国的美国给予中国最惠国待遇的问题,为我国的对外经贸关系创造了良好的国际环境,也为我国塑造开放的、负责任的大国形象奠定了扎实的基础;其次,“入世”时遵守国际规则的承诺促进了我国继续改革开放,一些重要原则已经延伸到经贸领域之外的范围,影响巨大而深远,从而使我国可能成为以国际谈判促进国内改革的经典案例。同时,“入世”也使我们接受了双赢的理念,使我们和世界各国人民能够共同分享经济发展的成果,共同期待经济的更大发展。     

消费者对大型超市的商店印象与其忠诚行为关系实证研究

商店印象对消费者购物行为有重要的影响。本文在我们先前对商店印象与顾客忠诚关系研究的基础上,将商店印象与顾客忠诚的构面展开,进一步研究了商店印象的实体、经济、时间与便利性和社会心理构面与顾客认知忠诚、情感忠诚、意向忠诚和行为忠诚之间的关系,并通过在全国收集的803份有效样本,运用结构方程模型对理论模型进行了实证检验,全面揭示了商店印象各构面与四类顾客忠诚之间的关系。     

The U.S. tourists’ perceptions of destination China over two transformative periods

This study conducted a textual analysis of The New York Times to examine the U.S. tourists’ perceived image of China as a destination by comparing the two periods of January 1980–May 1989 and January 2005–December 2015. The study found a drastic shift of the U.S. tourists’ affective image of China as a destination from being favorable and positive in the early period to being unfavorable and negative in the recent period. The affective image was characterized by the two domains of Exoticism and Sense of Superiority in the 1980s, as compared to the two domains of Ordinary and Negative National Image in the recent 10 years. Paradoxically, such a sentimental shift on the part of the U.S. tourists occurred while their perception of China’s destination attributes either did not change or grew more positive.     

一种SAR与可见光图像压缩感知融合增强方法

针对机载多传感器成像战场态势感知的问题，提出了一种合成孔径雷达(Synthetic Aperture Radar，SAR)与可见光图像压缩感知融合增强方法。该方法首先对SAR与可见光图像分别进行压缩感知测量，得到压缩测量值，然后通过基于局部权值的融合方法实现对压缩测量值的融合，再利用有序度最优分割法提取SAR图像的强散射目标，最后对融合测量值重建得到初步融合图像，初步融合图像通过目标对比度增强得到最终融合图像。对多组图像进行了仿真分析，视觉及数值结果表明该方法能显著增强融合图像的目标对比度，提升了图像纹理清晰度，较大程度降低了图像融合过程中的数据计算量。     

Tourist experience quality and loyalty to an island destination: the moderating impact of destination image

This study aims to explore the relationships among tourist experience quality, perceived value, perceived price reasonableness, tourist satisfaction with tour experience, and loyalty to an island destination by considering the moderating effect of destination image. The survey was distributed in person at an international airport. The findings revealed that tourists’ involvement with tours is the core of perceived value and price reasonableness, which increases tourists’ satisfaction. Perceived value is a stronger mediator between involvement and satisfaction than perceived price reasonableness. The moderating effect of island image is also uncovered. The theoretical and practical implications are discussed based on the findings.     

Corporate rebranding: effects of corporate visual identity changes on employees and consumers

Many organizations invest periodically in a new corporate visual identity (CVI). This study investigates the main effects of CVI changes in four organizations, taking into account three independent variables: stakeholder type (employees vs. consumers), the specific organization, and communication about the CVI change. The results show that CVI changes had positive effects on CVI appreciation and identity/image. However, the effects were different for employees and consumers and differed between specific organizations. Furthermore, adequate communication about the new CVI appeared to be important for people’s appreciation of the CVI. The implications of these findings are discussed.     

Oil price and Gulf Corporation Council stock indices: New evidence from time-varying copula models

Using a time-varying GJR copula approach, we determine the conditional dependence of the GCC stock indices on oil price between 2007 and 2016. We show how to improve the forecasting accuracy of the co-movement of energy and stock prices in an equally weighted portfolio. Contrary to prior findings, we demonstrate that due to the different co-movements across the GCC stock indices, portfolios of oil assets and several GCC stocks are less likely to be affected by systemic risk. The different co-movements across several stock indices over time provide different entry and exit points for stock investors. This approach is in line with the ‘buy low/sell high’ adage.     

Structural transformation and productivity growth in India during 1960–2010

In this paper, we examine the role of structural change and sectoral productivity growth in explaining the aggregate productivity of India relative to the United Sates during 1960–2010. We set up a simple two sector general equilibrium model and calibrate it to fit the structural transformation of United States. Our calibrated model for India highlights the relative importance of agricultural productivity growth in explaining its slow process of catching up in terms of aggregate productivity. We show that India could have progressed at a much faster rate and closed a substantial part of its aggregate productivity gap if its agricultural sector had grown at a rate at par with the United States. It is India's relative productivity growth in the non-agricultural sector that explains all the recent success in its closing the aggregate productivity gap with the United States. We also found that an elimination of relative distortion in agriculture in India could result into a modest improvement in the aggregate labour productivity.