Good Prospects for China's Economy

AfiertheoutbreakoftheAsianfinancialcrisis,theissuewasraisedoverseasofrwhetherChinawouldbecomethenextdominoofAsianfinancialcrisis.AccordingtoMr.WangMengui,economistandDirectoroftheStateCouncilDevelopmentResearchCentre,China'seconomicdevelopmentisoptim...     

The Trade Effects of US Anti‐dumping Actions against China Post‐WTO Entry

Since China's entry into the WTO, US anti‐dumping (AD) actions against China have increased, particularly with respect to multiple petitions. Distinguishing between US single and multiple petitions, we examine the trade effects of US AD actions against China based on an unbalanced panel of quarterly trade data. The results show that a US single petition investigation greatly restrains US imports of the filed products from China but also causes more significant import diversion from non‐named countries. In the short run, a preliminary AD duty imposed on China via a US multiple petition not only restrains US imports of the filed products from China but also prevents trade diversion from non‐named countries. In the long run, a final AD duty on China resulting from a US multiple petition creates a larger destructive effect on China and causes US import diversion from non‐named countries. Thus, a final AD duty imposed on China following a US multiple petition not only harms China's exports but also fails to help the US achieve import substitution. Furthermore, we have been able to reveal the negative trade effect of a preliminary AD duty even in cases where the ultimate decision is not to impose a final duty.     

知识经济时代企业管理新范式

知识经济时代已经来临，它对人类社会的影响是多方面的。在企业管理方面，知识管理已经成为知识经济时代企业管理的新范式。从生产模式、经营理念、组织结构、企业文化等方面体现了这一新范式的转变。因此创新型企业才是企业发展的道路。     

Foreign Direct Investment in the Tourism Sector of the Greek Economy

An attractive package of investment incentives is necessary to entice foreign investors into the Greek tourist sector, in order to reap potential economic and other benefits resulting from the orderly development of tourism in Greece. This article examines the extent, role and importance of foreign direct investment in the tourism sector of the Greek economy. In particular, the sectoral and regional breakdown of foreign investment are demonstrated. Finally, the governmental incentives and regulations which apply to the tourism sector are assessed and their implications highlighted with respect to the five-year tourism development plan 1983–87.     

The Effects of Offshoring on Post‐displacement Wages: Evidence from the United States

This paper studies the effects of offshoring on post‐displacement wages using a large and nationally representative sample of US workers displaced from a manufacturing industry during the 1990s. The empirical results based on Mincerian regressions of individual re‐employment earnings on industry‐level offshoring proxies, show that the effects of offshoring on post‐displacement wages are negative, although not economically large. The preferred specifications suggest, in fact, that a one percentage point increase in offshoring in the pre‐displacement industry reduces earnings on the new job by approximately 0.3–0.6 per cent. These figures imply that the cumulative rise in offshoring over the sample period may have led to a drop of between US$110 and US$330 in the yearly re‐employment wages of US displaced workers. While the magnitude of the effect is largely independent of individual characteristics such as gender, age, occupation and educational level, it does depend on the duration of non‐employment and on workers’ industrial reallocation after displacement. In particular, the effects are relatively stronger for individuals who stay longer before finding a new job, as well as for those who leave the pre‐displacement industry after the job loss.     

体验经济时代的旅游景区管理模式

忽视游客体验与缺乏可持续发展观念是造成中国旅游景区经营失败的根源。解决问题的关键是 :景区既要为游客创造快乐体验 ,又要保护地方资源与环境并促进社区长期发展。快乐的游客体验是由新鲜感、亲切感与自豪感构成的 ,要塑造快乐的游客体验 ,景区应根据产品差异性、参与性与挑战性原则配置旅游产品与服务。同时 ,在开发与经营过程中保持生态与文化的多样性 ,促进社区的发展。     

Identifying Trade Structure and Macroeconomic Caveats: The Post‐crisis of Korea

First, this article introduces unit value box in addition to Azhar, Elliott and Milner's industry trade box in identifying the post‐crisis trade structure of Korea. Dynamic movements of total trade, net trade, intra‐industry trade and export‐import unit values complete the systematic analysis of trade patterns at both the aggregate and disaggregate levels. Second, macroeconomic caveats are conveyed for a small open economy to recover after the crisis, including likely but unforeseen trade disputes.     

Corporate Diversification and Firm Value: Evidence from Post‐1997 Data*

In 1997, SFAS 131 established a new segment‐reporting standard for US public companies. Using measures of diversification based on the diversity in segment‐industry characteristics and controlling for endogeneity of the diversification decision, we document a diversification premium in our post‐1997 period. We find significant positive effects of cash flow diversity, leverage diversity and profitability diversity on excess value, consistent with the efficient internal capital market hypothesis. We also find that the size of the diversification premium in the post‐1997 data is negatively correlated with the degree of diversification and positively correlated with firm size. In contrast, we find that the pre‐1998 data typically generates a diversification discount, but the effect is statistically less significant when endogeneity is controlled for. Thus, the diversification discount documented in earlier studies can be an artifact of the pre‐1998 data or a failure to control for endogeneity.     

后马歇尔时代聚集经济理论之分析

聚集经济理论主要起源于英国学者阿弗里德-马歇尔（Alfred Marshall）。后马歇尔时代,西方不同的学术流派把聚集经济引申出不同分类,这些分类从不同的角度对聚集经济进行探析。马歇尔理论遗留的很多问题依然亟待解决。     

Three Direct Links,A New Era for the Cross-Straits Economy

The sorrowful poet wrote by Yu Guangzhong once touched numberless people＇s hearts as the narrow strait depart them from each other. Now, the deep nostalgia should vanish away gradually as the direct air, shipping, mail was finally realized after endeavors of several generations.     

Ethno‐cultural considerations in negotiation: pretense,deception and lies in the Greek workplace

A retrospect into ethos, this study examines the impact of individualism, collectivism, ethical idealism and interpersonal trust on negotiators' attitudes toward questionable negotiation tactics in Greece. A thousand survey questionnaires were administered to Greek employees, of which 327 usable responses were collected. Our findings empirically corroborated a classification of three groups of negotiation tactics, namely, pretense, deception and lies. Individualism–collectivism and ethical idealism were found to be related, and interpersonal trust was found to be unrelated, to attitudes toward questionable negotiation tactics. Emphasizing the non‐US and non‐Western European nature of the empirical data collected, the originality of this research further stems from the development of a comprehensive research framework about questionable negotiation tactics in Greece.     

新时期大力发展混合所有制经济的难点及对策建议

大力发展混合所有制经济不仅有利于盘活国有资产、深化国企改革,而且对于打破行业垄断,实现各种所有制经济成分的优势互补和双赢。随着中国经济迅速发展,然而却出现了国有企业和民营企业对发展混合所有制经济均存在顾虑,国有企业管理的行政化、公有制经济和非公有制经济地位上的不平,资本市场不完善等诸多问题,制约了混合所有制经济的发展。加快国有经济战略调整步伐,深化改革,营造良好的市场环境,支持非公有制经济的发展,进一步健全资本市场,对混合所有制发展具有重要意义,加快促进中国经济实现可持续增长。     

FDI and Industrial Restructuring in Post‐WTO Greater PRD: Implications on Regional Growth in China

This paper aims at studying the investment flows in the Greater Pearl River Delta region (Hong Kong‐PRD) in China and its impacts on industrial restructuring at the firm‐level using a business survey with the Hong Kong‐PRD entity acted as a core‐periphery economy. The critical effects of gravity distance on transaction costs in the determination of investment flows are examined statistically by a gravity model by incorporating a hypothetical infrastructural construction project. Survey findings show that the evolution of the cross‐border operations at the main core has directed the outward FDI flows and the subsequent industrial structural adjustments of the core‐periphery economy. This paper has presented a typical illustrative case for further studies of investment flows and its impacts upon industrial adjustments and performance in other regions in China especially after the WTO accession. Its implication on regional economic growth is also discussed.     

后ECFA的中国经贸多赢战略新思维

两岸签署了《海峡两岸经济合作框架协议》(ECFA),各界认为这迈出了两岸经济关系正常化、制度化、自由化的重要一步,开启了两岸经济共创双赢的大局,为两岸产业深入合作注入强大的动能。这也标志着Chiwan(China+Taiwan)新时代的来临,在相关议题的探讨中,提及两岸签署的得失及动机时,多半环绕大陆"让利"说与"统战"说。本文拟尽量以长远务实的客观角度提出后ECFA时期,尤其面对崭新的"十二五"规划,在两岸新形势下中国可以主动采取的多赢战略新思维,包括:扩大内需市场、增加投资契机、产业升级与整合、刺激自主研发与改变区域发展、共创更多的世界名牌、提升国际竞争力、主导亚洲经济发言权、积极进行多边FTA谈判,引领G2新纪元。     

后金融危机时代实体经济的发展

金融危机远未结束,但世界经济增长是可以预期的。除了一些较小的欧洲国家之外,收入下降充其量也只是个小问题,最大的问题是失业,失业本身具有很大的危害性。欧元区要实现经济复苏,政府开支应该增加5%左右。世界需求的减少对中国经济的影响是有限的,当出口急剧下降时,中国经济以几乎相同的速度继续增长。中国目前已进入设计和创新更为重要的阶段,应该更多地发明自己的技术,创造自己的品牌,设计自己原创的产品。中国应该没有劳动力短缺的问题,但教育非常重要。到2020年之前,中国经济增长将减缓。未来除了人们的收入会增加之外,一切都是不确定的。     

体验经济时代的冰雪旅游要特别关注体验营销

对于发展冰雪旅游,黑龙江省拥有得天独厚的自然条件和坚实的发展基础,同时也遭遇到国际国内市场激烈竞争的威胁。在体验经济的大潮中,企业应实施体验式营销策略,即体验主题化营销,实施内部营销,营造良好氛围,从而使企业在激烈竞争的条件下赢得更大的市场份额。     

新时期我国民营经济发展概述

改革开放20多年来,民营经济的地位和作用一步步提升。党中央肯定社会主义初级阶段存在私营经济,但那时私营经济的规模、产值、作用都还小,只是处于补充地位。此后民营经济不论在投资数额、工业产值、从业人员等方面的增幅部遥遥领先,为我国经济发展作出了重大贡献,成了“社会主义经济的重要组成部分”,“起到重要作用”,可以和公有制经济相互促进、共同发展。这表明,正是在党的政策支持下民营经济才得以充分发挥自己的活力,得到了快速发展,而民营经济的快速发展及其作用的扩展又提高了其在国民经济中的地位,形成了认识提高与实践发展的良性循环,构成了具有中国特色的民营经济发展的独特路径。     

Political Economy Influences Within the Life‐Cycle of IMF Programmes

Increasing attention is being paid to political economy dimensions of the IMF's operations. However, up until now, the literature has lacked a systematic overview of how politics and economics interact in this context. This paper sets out to fill the gap. Its conceptual basis is that of the ‘life cycle’ of an IMF programme. What determines the decision to turn to the Fund for financial assistance, what determines the outcome of negotiations, what determines whether a country will come back to the Fund? Answers to these questions cannot be satisfactorily given by examining economics alone. The paper draws on existing evidence to provide an empirically based discussion of the issues involved. It also points the direction in which future research needs to go. Some of the policy implications of the analysis are also examined.     

后危机时代中国在世界经济中的作用

2008年以来,美国经济放缓,欧洲债务危机严重,全球经济明显衰退。在后危机时代,美国、欧盟、中国、日本等主要经济体应进一步调节其货币政策及经济政策。当前,世界经济需要中国在连续二十多年的快速增长之后作出更大贡献,如进一步在国际货币体系中发挥更为重要的作用,进一步减少对进口的控制,增加对其他国家商品的进口。中国仍然是发展中国家,会越来越多地出现发达国家在发展过程中的一些特点。要在人民币和美元汇率之间保持稳定性,需要制定更加扩张的货币政策,进一步提高消费水平,有效拉动内需。     

中加经贸合作前景广阔

继今年1月加拿大总理保罗·马丁(PauI Martin)访问我国,今年7月,加拿大工业部长大卫·埃默森(David Emerson)来上海访问;2005年9月初,中国国家主席胡锦涛对加拿大进行了国事访问.中加经贸前景看好.