我国高技术企业跨国并购绩效影响因素研究

本文从外部环境、企业和交易3个层面研究可能影响我国高技术企业跨国并购绩效的因素。采集中国大陆A 股上市的高技术企业在2010~2015 年间的跨国并购案例，运用回归方法进行经验检验。研究结果表明：显著影响我国高技术企业跨国并购绩效的因素主要包括：相对国家竞争优势、制度距离、财务风险3 个因素与我国高技术企业的跨国并购绩效有显著的负相关影响；行业相关性、以往跨国并购经验、管理层能力、企业规模、相对并购规模5 个因素对我国高技术企业的并购绩效有显著的正相关影响。     

A comparative multidimensional evaluation of conservation agriculture systems: A case study from a Mediterranean area of Southern Italy

To avoid the current paradoxes of the global agro-food system it is necessary to define and implement a viable agricultural sustainable model, combining satisfaction of food needs and land preservation. A possible solution can be found in a holistic production system consistent with a sustainable development model, designed to satisfy diverse “local” economies. The conservation agriculture (CA) could be a part of this model, as it includes a set of best practices available to preserve agrarian soil and its biodiversity. Briefly, we cover the CA background in Europe followed by the evaluation of its impact in terms of private/public interest, using the sustainability’s metric.To test the viability of a model based on CA in “local conditions”, we compare economic performance of different conservation practices (i.e. minimum and no tillage) to that of conventional agriculture in a typical Mediterranean environment – Collina Materana – in Southern Italy (Basilicata region). Our findings suggest that: i) CA can actually be a viable alternative to conventional systems; ii) in Mediterranean agricultural areas CA has yield advantages especially during dry years, when conservation techniques increase water supply to crops; iii) public support is needed to direct farming choices in fact without financial incentives these practices would be not widely accepted and diffused; iv) European policy makers have to recognized the positive benefits of CA and pay them as ecosystem services in the framework of Good Agricultural Environmental Conditions and the present CAP subsidies.     

Are EU trade preferences really effective? An impact evaluation assessment of the Southern Mediterranean Countries’ case

This work assesses the causal impact of the EU trade preferences granted to the Southern Mediterranean Countries (SMCs) in agriculture and fishery products over the period 2004–2014. It overcomes some of the weaknesses of previous assessments and presents several methodological improvements. Firstly, it relies on a continuous treatment – i.e. preferential margins – to capture the ‘average treatment effect’ of trade preferences, rather than on a binary treatment based on dummy variables. Secondly, it uses highly disaggregated data at sectoral level in order to evaluate properly the preferential treatment. Thirdly, it applies a non-parametric matching technique for continuous treatment – specifically, a generalized propensity score matching. The results show, on the one hand, that the impact of the EU preferences is positive and significant on SMCs trade and is better evaluated using impact evaluation techniques. On the other hand, they demonstrate that the relationship between preferences and trade flows is asymmetric and warn against the risk of providing too much of a good thing. These results raise important issues for policy-making. First, they demonstrate that raising the level of preferences is not the solution to foster the SMCs trade towards EU. Second, that the policy-makers should put more emphasis on complementary factors other than trade barriers.     

对外直接投资逆向技术溢出与全球农业价值链地位提升——基于G20国家的经验研究

中国农业处于全球农业价值链的"微笑曲线"谷底,长期遭受不平等待遇。对农产品出口技术复杂度所作的测算显示,相对于G20国家而言,中国农业在全球农业价值链地位并不高,且与最高国家差距呈现逐渐扩大的趋势。对G20国家农业OFDI数据所作的面板回归表明,农业OFDI存在溢出效应,能够提升母国农业出口贸易品技术含量,且其提升需要"学习过程"。此外,农业FDI对出口贸易品技术含量的影响具有滞后性。据此,研究认为,中国为了实现全球农业价值链地位的攀升,应该进一步鼓励农业企业"走出去";改善农业投资环境,为外商直接投资创造条件;提高对外开放程度,为农业发展提供支持;推动金融体制改革,提高国内金融服务发展程度。     

济源市观光采摘旅游效益构成分析

[目的]以河南省济源市为研究对象,探究济源市观光采摘旅游的效益构成,并针对发展中的问题提出相应对策,以期促进济源市观光采摘旅游的健康与可持续发展。[方法]文章采用统计数据分析法和文献分析法。搜集济源市观光采摘旅游相关的数据,分析其对济源市经济、文化等各项发展带来的影响,详细说明济源市观光采摘旅游效益构成。[结果]2008~2015年,济源市观光采摘旅游的人数占旅游总人数比例的年平均增长率41.03%,收入占旅游总收入比例的年平均增长率44.41%;星级酒店数量减少5个;果蔬种植面积和产量年平均增长率为2.41%和3.90%;此外,济源市农产品销售渠道拓宽,消耗能源和排放污染物数量减少。2010~2015年,济源市就业人员年平均增长速率5.83%,失业率减少0.50%,文盲率下降0.07%,大学及以上学历人数增长3.80%。51.4%的游客认为观光采摘旅游等生态休闲旅游增强了自己的环保知识。[结论]济源市观光采摘旅游效益主要由经济效益、生态效益和社会效益构成。经济效益方面:政府和居民收入提高,当地旅游业发展水平提高,农业种植结构得到改善,农业种植效益得以提高,农产品销售渠道得以拓宽;生态效益方面:生态环境得到改善;社会效益方面:当地居民的就业率和文化素质得以提高,社会大众的环保意识得以加强。在以后的观光采摘旅游发展过程中,应发挥当地特有的文化优势并注重提升自我,采取针对性措施解决现存问题。     

Forecasting development outcomes under alternative surplus labour assumptions

Economic forecasts are useful to policymakers both as aids to planning, and as baselines against which counterfactual scenarios can be compared. However, policy makers should be aware that assumptions relating to model structure can influence forecast results. We explore the sensitivity of forecasts to one aspect of model structure important in modelling developing economies: surplus agricultural labour. We outline a framework for modelling surplus agricultural labour that relies on average product remuneration. We embed this within a model of a developing economy (the Philippines) characterized by surplus agricultural labour. We compare the results of two forecasts that differ in their treatment of the agricultural labour market. In the first, the surplus labour theory is activated, establishing average product remuneration in agriculture. In the second, the surplus labour theory is not activated, creating a failure to recognize average product remuneration in agriculture. By comparing the two simulations, we show that failure to model the presence of average product remuneration, when it would be appropriate to do so, has an impact that would be material to economic planners, leading them to: under-estimate agricultural employment; over-estimate GDP growth; and, over-estimate important policy variables (like tax revenue) that are related to GDP growth.     

基于供给侧的贵州省生态农业绩效评价

［目的］随着供给侧改革的推进，贵州省生态农业发展迅速，为了实现生态农业的可持续发展，对生态农业发展效益进行客观地评价具有重要意义。［方法］文章以贵州省9个市（州）的生态农业数据为研究对象，构建贵州省生态农业绩效指标评价体系，利用因子分析法对贵州省9个市（州）的生态农业数据进行主成分分析，计算每个地区的综合得分情况。［结果］通过对贵州省生态农业绩效构建评价指标体系，从社会投入与产出、耕地投入与产出两个方面来进行评价。各市（州）综合得分结果表明遵义市和毕节市的得分最高，分别为4456 595万和4388 418万； 六盘水市和贵阳市的得分比较低，分别为1572 071万和1621 515万。［结论］贵州省各市（州）生态农业发展存在较大的地区差异性，遵义市和毕节市的生态农业效益最好，安顺市、六盘水市、贵阳市的生态农业建设相对较弱。因此，贵州省应该加强政策引导、利用先进技术、加大生态农业的投入，从各方面促进生态农业的可持续发展。     

Further participatory adaptation is required for community leaders to champion conservation agriculture in Africa

There is a recognized need for the participation of local communities in designing and implementing agricultural interventions for the sustainable intensification in smallholder systems. This study examines the perspectives of local community leaders towards the widely promoted, but not widely adopted, practice of Conservation Agriculture (CA) in African smallholder systems. Perceptions from 47 community leaders (both from traditional local authorities and farmer organizations) across six African countries are documented regarding how CA matches the wants, needs and capabilities of farmers in their communities. While community leaders generally perceived CA as potentially beneficial, they also indicated that CA is not currently perceived as feasible within their communities and hence has limited relevance. Three key themes were identified that limit both CA use and sustainable intensification more generally: [1] a perceived reluctance of farmers to engage with the community platform as part of a higher input, market-oriented production system; [2] informational constraints due to non-functional exchange mechanisms; and [3] a lack of local adaptation of CA underscored by the persistence of top-down, linear research and extension approaches. Through greater understanding of local perspectives, a clearer picture emerges of the need for greater participatory engagement and local adaptation if sustainable intensification of African smallholder agricultural systems is to be achieved.     

Structural transformation or elite land capture? The growth of “emergent” farmers in Zambia

Over the last decade, Zambia has witnessed a rapid increase in the number of medium-scale “emergent farms” cultivating 5–20 ha of land. This study analyzes the factors underpinning this growth. We find that the growth of emergent farmers in Zambia is primarily attributable to land acquisition by salaried urbanites and by relatively privileged rural individuals. We found little evidence to support the hypothesis that the rise of emergent farmers primarily represents a process of successful accumulation by farmers who began farming with less than 5 ha of land, a situation faced by more than 95% of farming households. We argue that these outcomes are the result of Zambia’s land administration and agricultural spending policies. Rising concentration of landholdings in Zambia raises serious questions about the potential of current agricultural growth to act as a vehicle for broad based economic growth and poverty reduction.