Evaluating Airline Deregulation in Australia

It has frequently been claimed that the cost of air travel in Australia has fallen by around 20 per cent in real terms since the end of the Two Airline agreement. However, this claim rests on a misinterpretation of price data. In this article, an analysis based on the theory of price indexes is presented. It is concluded that the representative passenger has probably experienced a small reduction in the cost of air travel since deregulation. Some additional benefits have flowed from the expansion of frequent flyer schemes, and from increased frequency of service. The distributional effects of deregulation are unclear, but are probably favourable on balance. The Australian airline industry is a natural duopoly and the market is not contestable. Therre is no evidence of dynamic efficiency gains arising from deregulation. The observed effects of deregulation are consistent with the predictions of neoclassical microeconomic theory.     

Consumer Self-Generation and Monopoly Limit-Pricing under Timing Uncertainty of Deregulation in the Electricity Market

Due to uncertainty in the timing of deregulation for electric power generation, large and potentially self-generating consumers should consider a lost option value as part of the cost of any investment they consider. This paper uses a simple two-period model to analyze the role played by the timing anticipation of deregulation in the decision making of potential self-generators (PSGs) and for limit-contract pricing of local utilities. We develop an effective limit-pricing rule and conclude that a higher-probability of early deregulation will lead utilities to retain more consumers and to set higher limit prices before deregulation. A possible early deregulation might not harm utilities; it could even benefit utilities in finite lifetime periods. Finally, a simulation is provided which supports our main results and shows that the effects on utilities' expected profits of uncertainty about the coming deregulation will depend on the distribution of consumer types.     

论品牌刚性的评估模型

本文首次提出了品牌定位理论里的创新概念--品牌刚性.通过相关分析对品牌刚性模型进行相应假设,并通过调研对假设进行了验证,得出了品牌刚性评估模型.在此基础上,提出了对企业品牌运营的建议.     

企业家价值评估的收益现值法修正模型

作为人力资本的重要组成部分，企业家价值的评估非常重要。给出了企业家价值评估应遵循的基本原则，简单介绍了几种评估方法，并在传统模型分析的基础上给出了修正后的收益现值法模型。     

财政投资效果的评价模型分析

对财政投资效果如何评价,是关系到公共财政管理如何进行的大问题,根据设立的评价指标,用模糊数学的有关知识建立起来的评价模型,能够客观而公正地对财政投资效果作出评价,使其成为财政决策的可靠依据。     

企业社会绩效评价的模式研究

国内对于企业绩效评价偏重于企业的经营绩效而忽视了企业社会绩效。20世纪70年代以来,西方学者在利益相关者理论的基础上提出了多种评价企业社会绩效的利益相关者模式,试图更确切地评价企业的社会绩效。文章在分析国外企业社会绩效评价模式基础上,结合主要公司治理原则,探讨了适合我国国情的企业社会绩效评价模式。     

股票内在价值评估模型文献评述

随着价值投资理论的盛行,企业的内在价值也成为人们日益关心的问题。该文揭示了企业内在价值的理论渊源,并探讨了可以用来进行企业内在价值评估的几个主要模型。     

Financial Deregulation and the Monetary Transmission Mechanism

Major changes to the Australian financial system in the 1980s may possibly have influenced the effects of monetary policy on economic activity. Using vector autoregressive econometric techniques we find that the deregulation of the financial system has made very little difference to the reduced form relationships among interest rates, employment growth, inflation and the growth rate of real credit. We find that interest rates are an important determinant of the business cycle, with credit being much less significant. We also find that monetary policy reacts to unexpected movements in real variables but does not react to surprises in the inflation rate.     

分销渠道成员的满意度评价模型

研究发现渠道成员的满意度对解决渠道冲突有较大的帮助。因此,在探讨了评价渠道成员满意度的评价指标的基础上,构建了渠道成员满意度的模糊评价模型。     

煤电关系与电力"软短缺":一个产量约束模型

构建了一个具有产量约束的伯特兰价格竞争模型来研究中国电力短缺的问题,模型结论表明,即使在电力企业装机容量充足的情况下,由于煤炭产量的约束,电力需求的外生冲击仍有可能导致电力“软短缺”。同时,本文进一步探讨了旨在解决煤电矛盾的煤电一体化和煤电价格联动问题,认为这些措施只能暂时缓解煤电关系紧张和电力“软短缺”的问题,这些问题的解决需要进一步深化电力体制改革。     

电子政务的群体AHP评估模型

根据我国电子政务建设的主要目标，建立了电子政务评估的指标体系和电子政务的群体AHP评估模型。     

试析资本资产定价模型在人力资本定价中的应用

随着高技术产业的迅猛发展，人力资本已成为继资本和劳动之后推动企业不断发展的“第三资源”，经济的增长更直接地取决于对人力资本的运作和投资，由于我国人力资本市场的发育尚不成熟，有市无价是这一阶段的主要特征，这无疑极大地制约了人力资本作用的发挥，本在借鉴资本资产定价模型的基础上，针对人力资本的特点，对人力资本定价进行研究具有重大的理论和现实意义。     

企业并购价值的期权评估模型研究

针对传统企业并购价值评估模型的局限性，本文从期权的角度阐述了企业并购和期权的关系，构建了企业并购价值的期权评估模型，并通过实例论述了如何应用该模型来评估企业并购价值。     

A Model for Evaluating the Effectiveness of Economic Education in Primary Grades

Understandably, many economists have grave doubts about the possibility of teaching basic economic concepts to primary level children. Davison and Kilgore report on the development and use of their Primary Test of Economic Understanding. Some 500 second-grade pupils and 24 teachers were involved in their experiment. A control group made up of children who received regular social studies instruction was compared with experimental groups using primary level economics materials. Differences in the pupils' general academic ability, socioeconomic environment and teacher preparation were taken into account. The authors found that children in early elementary grades can learn certain basic economic concepts.     

绩效评估、思路调整与发展转型——论江苏农村经济发展战略及政策取向

作为国民经济的一个基础产业部门和重要组成部分,农村经济发展直接影响到江苏区域经济的领先发展与“两个率先”。本文首先基于“十五”规划目标的执行情况,对江苏农村经济发展进行绩效评估;继而通过2000-2002年统计数据分析,概述了江苏农村经济发展面临的主要问题;最后从明确农村经济发展目标、界定江苏粮食安全底线、估算江苏农民适当数量、加快农业结构调整步伐、以统筹城乡为根本出路、以统筹区域为重要保障、健全农村土地流转制度等7个方面,初步探讨了促进江苏农村经济发展的宏观性、综合性政策思路及其对策。     

Deregulation and Subequilibrium in the Australian Dairy Processing Industry

The Australian dairy processing industry is currently undergoing a program of substantial regulatory reform. In this paper we assess the impact of this deregulation on the production and cost systems of the industry. This is undertaken using a translog restricted cost function, for the period 1969 to 1996, with labour, milk and energy as the variable inputs and capital as the one fixed input. We find that this industry has undergone significant changes in terms of factor demand and cost structures associated with the introduction of new technology.     

Housing Interest Rate Deregulation and the Campbell Report*

It is argued that deregulation of housing interest rates would, under plausible assumptions, substantially increase the cost of housing finance in Australia, contrary to the impression created by the Final Report of the Australian Financial System Inquiry (the Campbell Report). Characteristics of the market for owner-occupier housing finance, on both the demand and supply sides, suggest that the deregulated market rate will be approximately equal to the uncontrolled rate under regulation. The weighted average interest rate for owner-occupier housing finance at December 1981 is more than three percentage points below the uncontrolled rate. The authors conclude that while this result does not of itself constitute an argument against deregulation, it does imply that deregulation would have a substantial distributional impact .