Strategic Policy Towards Multinationals for Oligopolistic Industries

The author considers an environment with two firms, one domestically owned and one a foreign-owned multinational corporation (MNC), both producing in the host (domestic) country. It is found that there are three distinct dimensions that affect a country's strategic policy towards domestically-owned firms and foreign-owned firms: the number of policy instruments available to the host government (whether or not it can tax/subsidize both types of firms), the location of the market (in the host country or a third country), and the extent of spillover of the foreign-owned firms' production.     

发达国家垄断产业管制机构模式分析

管制机构及其运行机制设置是各国垄断产业管制改革的重点问题之一.美国、英国和日本垄断产业管制机构的独立性由强到弱,深入分析它们的形成背景、组织形式以及运行机制,对我国尽快建立具有合法地位的、相对独立的管制机构有借鉴作用.     

Effects of Capacity Constraints and Concentration on the Pricing Behaviour in Oligopolistic Industries with Demand Fluctuations

It has been found that prices move procyclically in some industries and countercyclically in others. Empirical research has documented that prices in an industry are likely to move countercyclically when concentration is high and procyclically when concentration is low. I explain these findings by introducing capacity constraints found in the model of Rotemberg and Saloner.
JEL Classification Number: L13.     

Tax Effects in a Model of Product Differentiation: A Note

We investigate how unit (or specific) tax and ad valorem tax affect equilibrium location choice in a model of product differentiation, which includes Hotelling (linear-city) and Vickrey-Salop (circular-city) spatial models as special cases. We find that neither tax affects equilibrium location patterns as long as each firm has the same production cost. Two taxes can yield different location patterns under cost heterogeneity among firms.     

电信行业管制的国际比较及对我国的启示

电信行业的管改革，不论从降低信息成本的角度讲，还是从增强我国竞争力的角度讲，都具有非常重要的意义。本文在对美、英、日三国电信行业的管制改革进行比较的基础上，进一步分析了我国电信行业管制的现状，并提出了进行改革的理论思索和政策建议。     

Externalities: A Note on Avoiding Confusion

In distinguishing the difference between a genuine externality and a pecuniary externity, Bohanon observes that the latter never enters third-party utility (or production) functions, whereas this is always the case with technical externalities.     

Regulating Service Quality: A Survey

This article reviews the major insights of the economics literature regarding the design of service quality regulation in public utility industries. The focus is on generic service quality issues of primary relevance in the industries, which include the electricity, telecommunications, and water industries. The instruments that public utility regulators commonly employ and the manner in which the regulators employ the instruments to secure desirable levels of service quality are emphasized.JEL classification: L51, L15I am grateful to Mark Armstrong, Sanford Berg, Michael Crew, Lynne Holt, Mark Jamison, Lilia Perez-Chavolla, Paul Sotkiewicz, Dennis Weisman, and an anonymous referee for helpful comments and suggestions.     

基于阶层线性模型的集聚经济实证分析

基于中国151个地级城市的制造业行业嵌套数据,运用阶层线性模型和集聚经济的间接估计方法,捕捉集聚经济行业维度不可观测的异质性,揭示集聚经济在行业与城市维度间的内在联系。实证结果表明:地方化经济在制造业中得到验证;行业层面的集聚经济不仅受行业自身特征的影响,而且深受行业所嵌套的城市经济社会环境的影响;城市异质性显著影响行业集聚经济。     

防范家族隧道行为的监管博弈分析

本文的博弈分析从证券市场监管的外部治理环境找出对家族隧道行为产生影响的监管因素,目标在于完善证券市场机制,加强证券监管力度,规避企业领导人的机会主义行为。经过研究,证实了违规交易的收益越高,家族投机心理越强这一舆论关注的现象,同时也发现证监会监管策略b*与家族违规的成本呈反向关系,而家族违规行为策略a*与证监会声誉损失也呈反向关系。     

主导产业的确立及其实践方法

在统计分析和逻辑实证基础上把主导产业确立基准同其发展的约束条件统一起来考察,提供了主导产业选择模型和实践方法。     

A Hierarchical Stochastic Frontier Model for Efficiency Measurement Under Technology Heterogeneity

Journal of Quantitative Economics - This article proposes an extension to the typical random-coefficients frontier model that allows the incorporation of firm management indicator(s) in the...     

产业转型的模式选择——以铜川市为例

铜川市在产业转型方面取得巨大成绩的同时,面临着最优转型模式的选择和如何进一步提高产业转型模式效率的问题。文章通过对已有的资源型城市产业转型模式的文献整理,得出铜川市应遵循产业延续、接替产业、新区城乡一体化的复合型产业转型模式,对铜川市产业发展提出了具体的政策建议。     

包容性增长——基于文献的注解

通过回顾现有文献,梳理了包容性增长的提出和倡导背景、内涵本质、实现对策,以及包容性增长的度量和实证量化研究及其具体应用。研究表明,从具体的应用领域和行业层面切入进行深度研究,进而在度量方法方面有所突破,探寻经验证据并提出具有针对性和可操作性的政策建议,是包容性增长研究可行的方向,可以推动包容性增长的践行。     

A Note on Ad Valorem and Per Unit Taxation in an Oligopoly Model

This note shows that per unit taxation welfare dominates ad valorem taxation in an oligopoly model, when the number of consumers is sufficiently high compared to the number of oligopolists. It aims to provide an alternative perspective to existing literature arguing instead the dominance of ad valorem over per unit taxation in oligopoly frameworks. Our result is obtained in a simple example which uses a strategic market game formulation to study strategic behavior at a general equilibrium level.     

市场经济体制中政府角色的基点：干预特定产业

本文概括了政府调控和干预经济发展的四种模式。在此基础上论证了政府干预特定产业发展模式的必要性、现实性和阶段性。     

Oligopolistic Competition and Intra-industry Trade: Evidence From the OECD

This paper develops a general reciprocal-markets model of intra-industry trade in oligopolistic industries. It shows that the effects of industry characteristics on the extent of bilateral intra-industry trade, as measured by the Grubel-Lloyd index, are invariant to whether firms compete over homogeneous or differentiated products. Based on this model, we investigate industry determinants of bilateral intra-industry trade, using internationally comparable industry data for 22 manufacturing industries in 12 OECD countries during 1970–1985. Our estimates indicate that, even after controlling for idiosyncratic industry and country-pair effects, our measures of the industry determinants explain variations in the intensity of bilateral intra-industry trade, for the most part, in accord with what the theory predicts.     

生产性服务业与制造业互动关系研究

关于生产性服务业与制造业的关系有多种观点,但二者相互依赖、唇齿相依的双向互动关系越来越成为学界的共识。从专业分工与外包、生产价值链、生态群落的角度,可以剖析生产性服务业与制造业互动的机制,并总结出二者互动共生的模型:中心型互动共生模型、金字塔型互动共生模型、平行型互动共生模型以及嵌套型互动共生模型。一个重要的挑战是,中国新型工业化道路中如何通过二者互动,使生产性服务业促进制造业的转型升级,并选择促进生产性服务业与制造业互动的战略路径。