恐怖主义对美国经济意味着什么?

恐怖分子对美国的大规模攻击是史无前例的.人们不能确知后果将如何,而所能做的是研究美国尤其是美国经济将如何变化,因为这种变化的到来是无疑的.打击恐怖主义可能导致对经济的影响:国防支出可能将消耗美国国内生产总值的更大份额;企业的经营成本可能上升;短期内劳动生产率难以增长;消费者的信心可能比以前更多地取决于对外政策和军事成就.     

美元特权对美国贸易逆差的影响探析

美元特权的形成使贸易逆差成为输出美元的主要途径,并对贸易逆差起到了助长作用,集中表现在美元特权使美国维持着巨额贸易逆差而不受外汇储备短缺的制约和金融危机的威胁,却使其他追求美元储备的国家依靠贸易顺差和过度储蓄来摆脱不利处境,从而从供给和需求两个方面推动了美国贸易逆差的持续扩大。但贸易逆差的继续发展和未来的调整势必会影响美元特权地位的巩固,使世界经济特别是发展中国家的国际经济活动面临极大的风险。     

Yuan Hits Record High Against U.S. Dollar

The central parity rate for yuan against U.S. dollar has risen to new high when the daily floating band for the spot rate in the interbank foreign exchange market is expanded[第一段]     

美元霸权兴衰与逻辑演进

本文首先回顾了美元与国际货币的演化进程,诠释了美元霸权地位形成的路径,分析了美元作为经济武器能收割世界财富的缘由。其次,揭示了布雷顿森林体系解体后,美元仍然能收割世界财富的原因,说明了美国贸易逆差的实质。再次,分析了本次新冠疫情之后,美元霸权的延续可能会出现的一些颠覆性变化,以及美元作为主导货币地位的变化。最后,分析了国际货币体系未来会出现的几种情境,以及人民币在这一历史变局中的前景,并提出了中国在长周期应该采取的应对之策。     

The Trucking Industry: The Lynchpin of the U.S. Economy

This paper describes the role of trucking in the U.S. economy; the major changes that have impacted the industry since the mid-1950s; its current and future position vs. other freight transportation modes, especially rail; and competition within the trucking industry.     

美国量化宽松对中国经济的溢出效应

在经济全球化,美元本位的国际货币体系背景下,美国货币政策对他国的溢出效应一直是学术界关注的焦点.2008年美国的四轮QE,我国和全球其他国家一样被动应对.但面对2019年新一轮QE我国因为自身的政策连续性、社会生产与经济发展在全球率先复苏,采取了与美国"背离"的货币政策,充分显示出我国货币政策的自主性.本文采用贝叶斯V...     

美国股票回购动机演变对我国回购市场的启示

利用股票回购与每股收益变化之间的关系提供经济信号理论假设,随着美国公司股票回购的日益普遍,已经变得弱化或消失,股票回购的真正价值最终还是回归到股票价格与期望价值之间的经济利益。中国证卷市场上的股票回购开始于1992年,2005年成为市场新热点。在股权分置改革之时,股票回购将会成为中国资本市场新兴的金融工具。但要特别注意对于中小投资者利益的保护,完善股票回购的制度。     

美国、日本与两岸的经贸关系对两岸贸易发展的影响研究

本文在经济全球化背景下,分别考察美国、日本与两岸之间的贸易、投资关系对两岸贸易发展的影响。计量结果表明,美国通过贸易途径,即美国增加与台湾地区的出口贸易可以促进两岸贸易的发展;而美国对祖国大陆的直接投资和双边贸易对两岸贸易的影响则不显著。日本则通过投资途径,即日本对大陆的直接投资增加会减缓两岸贸易的发展;同时,两岸贸易还反向影响日本对台湾地区的直接投资以及出口贸易。本文还从理论和实践上对其进行了解释。     

The Impact of U.S.-Sponsored Foreign Trade Office Activities

ABSTRACT

Foreign trade offices (FTOs) are an important, little-understood element in the export promotion portfolio of U.S. state export promotion organizations. The value of these organizations is in dispute. In recent years California closed its FTOs in response to budgetary pressures, claiming that these organizations exist primarily to enhance the political standing of politicians rather than to act as effective export development tools. During the same period Washington State opened several new FTOs. Clearly the value of these organizations is in dispute. Another consideration in the effectiveness of U.S. exporters is the subnational contour of the American economic system. State business climates vary considerably, thereby influencing exporter success as well as those programs (such as FTOs) intended to improve firm performance. We hypothesize and find that (a) state entrepreneurial climate is positively related to state exports and (b) FTO network entry activities amplify the impact of state entrepreneurial climate on state exports. Implications for firms and policy makers are explored.     

美国轮胎特保案对我匡的影响及其对策

美国轮胎特保案给我国造成了深远的影响,使我国的轮胎企业盈利能力下降,轮胎产业遭受重大的冲击,在“多米诺骨牌效应”的影响下,我国轮胎的外贸出口环境进一步恶化,影响中美两国贸易伙伴关系的健康发展。企业应积极调整产品结构以及出口结构,积极开拓海外市场和国内市场,实行出口市场多元化战略,同时加强应诉人才的培养;行业协会要发挥积极作用;政府要给国内轮胎企业必要的扶持,三者相互协作,帮助我国轮胎企业摆脱困境。     

The Impact of Forest Certification on Firm Financial Performance in Canada and the U.S.

The purpose of this article is to examine empirically the impact of environmental certification on firm financial performance (FP). The main question is whether there is a “green premium” for certified firms, and, if so, for what kind of certification. We analyze the short-run and the long-run stock price performance using an event-study methodology on a sample of Canadian and U.S. firms. The results of short-run event abnormal returns indicate that forest certification does not have any significant impact on firm FP regardless of the certification system carried out by firms. Unlike the short-run results, the long-run post-event abnormal returns suggest that forest certification has, on average, a negative impact on firm FP. However, the impact of forest certification on firm FP depends on who grants the certification, since only industry-led certification (Sustainable Forestry Initiative, Canadian Standards Association and ISO14001) are penalized by financial markets, whereas non-governmental organizations–led Forest Stewardship Council certification is not.     

农业资源型县域民营经济发展思考──以河南省固始县为例

民营经济的发展日益成为经济的一个新增长点,成为社会发展的一个重要组成部分。中国是一个农业大国,农业资源型县域的民营经济发展将会成为民营经济发展的一个关键部分,因此研究农业资源型民营经济具有历史必要性。河南省固始县是一个典型的农业资源型县,具有研究的典型性和代表性。     

浅析美联储降息对美国经济的影响

作为世界经济的领头羊,美国经济在新世纪陷入了困境。从美联储降息的角度出发,全面分析美联储降息对美国经济的各种影响,阐明未来的美国经济走势。     

论美国国会与对外贸易法的制定与执行

在美国三权分立政体下,对外贸易法律的制定和执行是国会、总统交互作用的复杂过程。国会一方面通过授权总统扩大自由贸易;另一方面又建立完善的进口救济制度来平衡贸易保护主义的利益。国会还把相当的权力委托给国际贸易法院由其行使司法审查权,防止行政机关滥用授权。美国贸易政策的制订权往往是在行政部门和立法部门之间进行分配,法院通常奉行"司法克制"的态度,通常避免就国会和总统之间在对外政策领域的权力关系问题进行裁决。但其一旦决定介入,必然成为最终的决定性因素。     

Impact of sociodemographic and economic factors on sodium intake in the U.S.A.

The effect of sodium intake on human health has received increased attention in recent years. This paper evaluates the impact of various sociodemographic and economic factors on sodium intake of a sample of Americans. Results indicate that urbanization. region, race, weight and height of an individual, gender, diet status, household size, age and income significantly affect sodium intake. Knowledge of the influence of sociodemographic and economic factors on sodium intake is necessary especially in the design and practical implementation of nutrition education and outreach programmes.     

The Impact of Operational Diversity on Corporate Philanthropy: An Empirical Study of U.S. Companies

This paper investigates the impact of diversity on corporate philanthropy. Compared to previous studies that have considered the influence of board diversity and CEO gender on corporate philanthropy, this study introduces the concept of operational diversity, which is the implementation of diversity programs at management, employee, and supply chain levels, and further, it explains why operational diversity influences corporate philanthropy, by using the premises of resource dependence theory. Second, this study also investigates the influence of board diversity on corporate philanthropy. Third, this study uses a large sample of U.S. firms over the period of 1991–2009 and tries to mitigate possible omitted variables and endogeneity problems that are often overlooked in previous research. We demonstrate that firms with operational diversity programs are likely more dependent on a broad variety of resources and give more to community as a strategic maneuver; hence, operational diversity is a better indicator for predicting future corporate giving than board diversity alone. However, having a woman or a member of a minority as a company’s chief executive officer is not sufficient to impact its charitable giving. A battery of robustness tests support our conclusion and confirm that our results are not driven by a firm’s general corporate social responsibility (CSR) score, gender or independence of board members, or firm ownership. This paper will assist researchers, practitioners, and other stakeholders in deepening their understanding of the predictors of corporate giving.     

中产阶层崛起:到底意味着什么?

随着时间的不断推移和力量的不断增强,他们的面目日趋清晰,他们的声音日趋变高,他们的地位日趋被重视,他们是许多人眼中的富人,但又是许多富人眼中的穷人.他们就是已悄然在我国出现的中产阶层的雏形,那么--