私营企业开拓国际市场比较优势的分析和运用

加入WTO ,我国私营企业能否抓住机遇 ,在国际分工体系和市场格局中占有一定优势 ,关键取决于微观经济主体差别优势的塑造。文章提出三点对策 ,并加以分析论述。     

民间征信开启新窗口

正2013年12月20日,中国人民银行颁布实施《征信机构管理办法》(以下简称《办法》),这标志着中国征信体系建设大门已经向民营机构正式敞开。《办法》在准入和日常监管上确定了公平的市场化基础,明确规定民营资本进入征信业。《办法》在征信的发展历程中有哪些意义?民间征信的市场前景又将如何?《经济》记者带着这些问题走访了一些征信机构。     

我国完善中小企业征信体系建设的对策建议

资金问题一直是困扰中小企业发展的难题,特别是2008年全球金融危机之后,进一步建立和完善企业征信体系,以保证各种信用关系的健康发展及整个市场经济体正常运行变得尤为迫切.目前我国央行已经建成网络覆盖全国、信息采集广泛的企业和个人征信系统,然而在实际运作中仍然有许多不完善之处.本文主要针对当前我国企业征信体系发展现状提出了若干对策建议.     

浅议我国征信市场建设的模式选择

现代市场经济是建立在法制基础上的信用经济,高度发达的信用体系在防范金融风险、提高市场资源配置效率等方面发挥着积极作用.从一些发达市场经济国家的经验看,一般都建立起比较完善的社会信用制度,而发展中国家也开始着手建立本国的社会信用体系,文章通过学习借鉴世界上其他征信国家的先进做法和经验,探讨适合我国征信市场建设的发展模式,以促进我国征信市场的又好又快地发展.     

基于法律视角保险公司市场退出的国际比较研究

一个成熟而规范的保险市场,必然是一个有进有退、动态调整、良性循环的市场,这样的市场才健康且充满活力,也更具有可持续发展动力。我国在逐步完善了保险公司市场准入和经营行为的法制构建后,保险公司市场退出的法律问题研究也将提上日程。文章在阐述保险公司市场退出相关界定问题的基础上,借鉴国外成熟保险市场的经验,结合我国实际,对我国保险公司市场退出及其保护机制法律制度的建构提出了一些建议。     

绿色信贷发展的国际比较与启示

绿色信贷是金融理念的创新,体现了经济与社会的可持续发展观,是现代金融发展的趋势。本文比较研究了发达国家具有代表性的绿色信贷发展特色,总结了绿色信贷风险衡量、产品创新、法律规范、政策激励、社会监督等方面的实践经验,在法律建设、市场环境建设和银行创新激励等方面为中国绿色信贷的创新与发展提供参考。     

中国钢铁工业差距的国际比较

世界钢铁工业的发展 ,已经进入以结构优化为主流的发展阶段。中国钢铁工业经过长期高速发展 ,1996年已突破 1亿吨钢 ,跃居世界第一位 ,成为名符其实的产钢大国。但从资源配置、生产规模、劳动生产率和市场竞争力等方面分析 ,中国远不是钢铁生产强国。研究世界钢铁工业结构优化的态势 ,认识中国钢铁工业的地位 ,增强中国钢铁工业竞争力是极其重要的。一、资源配置和产业集中度的比较近几十年来 ,世界经济趋向于跨国发展。钢铁工业发展的一个重要特征就是企业规模的大型化。从一定意义上讲 ,一个国家大公司的数量与水平 ,已经成为衡量这个国家…     

我国征信业正上路

让“守信获益，失信失利”尽早成为我国公民的共识，让信用成为现代社会的“第二张身份证”。     

国际物流电子化发展阶段的国际比较研究

国际物流电子化是国际贸易无纸化建设的重要组成部分。由于不同国家在经济发展水平、信息化基础及政府推动程度等方面的差别,导致不同国家处于不同发展阶段。本文从整合程度、运营方式两个方面,对各国国际物流电子化程度进行比较,由此为我国国际物流电子化发展提出借鉴建议。     

国际物流电子化发展阶段的国际比较研究

国际物流电子化是国际贸易无纸化建设的重要组成部分.由于不同国家在经济发展水平、信息化基础及政府推动程度等方面的差别,导致不同国家处于不同发展阶段.本文从整合程度、运营方式两个方面,对各国国际物流电子化程度进行比较,由此为我国国际物流电子化发展提出借鉴建议.     

中国与国际大豆期货市场波动溢出效应分析

文章采用多元GARCH(MGARCH)模型,研究中国、美国和日本大豆期货市场的相关性和波动溢出效应。结果表明:在样本研究期间,大连、芝加哥和东京大豆期货交易市场之间存在正相关,大连大豆期货市场与芝加哥大豆期货的相关性要小于东京谷物交易所大豆期货与芝加哥大豆期货的相关性;大连、芝加哥和东京大豆期货交易所存在双向的波动溢出效应;在三个市场中,大连大豆期货的新息冲击和自身波动溢出值最小,但在统计上不显著,可能与目前大连期货市场受管制和相对封闭等因素有关;三个大豆期货市场市场均不存在波动持续性。     

International Capital Markets and Non-Scale Growth

New growth models exhibit "scale effects," meaning that variations in the levels of key variables exert permanent influences on growth rates. Such predictions run counter to recent empirical evidence. This paper extends a general non-scale model to the open economy. With complete capital markets, only output and capital, but not consumption, retain their non-scale structure. Introducing capital market imperfections, the model is again fully non-scale. Debt subsidies are analyzed and shown to provide capital flow reversals consistent with the recent experience in East Asia.     

证券市场国际比较

本文以量化分析为手段,研究了28个国家与地区证券市场的收益率、风险和相对开放度。我们研究后发现,中国证券市场收益率最高、风险最大、风险收益率很低,相对开放度也很低。如果从国际比较结果考虑,中国证券市场开放以后会引起投资资本外流,投机资本内流。因此,中国证券市场只能采取渐进开放策略,即边规范边开放。     

中国股市市盈率分布特征及国际比较研究

本文对市盈率的内涵、计算方法、区间确定等理论问题进行了剖解 ,针对中国股市流通股、非流通股并存等特征 ,对市盈率在中国股市的计算方法进行了分析 ;在此基础上对中国股市市盈率分布特征进行实证分析和国际比较研究 ,认为目前沪深股市泡沫成份已较少 ,市盈率在合理区间之内 ,中国股市具有投资价值     

Computer Price Indices and International Growth and Productivity Comparisons

Methodologies to derive price indices for information and communication technology (ICT) products vary between national statistical offices. This may lead to significant differences in measured price changes for these products and there has been concern about the international comparability of volume growth rates of GDP between several OECD countries. This article discusses the possible consequences for measures of economic growth of replacing one set of price indices by another one in the framework of national accounts. It is argued that the issue of ICT deflators cannot be dealt with in isolation and several other factors have to be taken into account, in particular whether ICT products are final or intermediate products, whether they are imported or domestically produced and whether national accounts are set up with fixed or chain weighted index numbers. Overall, results point to modest effects at the aggregate GDP level but may be more significant when it comes to component measures such as volume growth of investment, or of output in a particular industry.     

International Poverty Comparisons on Unit Record Data of Developing and Developed Countries

Cross country poverty comparisons on unit records have, rarely, involved both developing and developed countries. The present study attempts to fill this gap by comparing poverty across fourteen nations with diverse economic and demographic characteristics and at vastly different stages of economic development. The study contains evidence on (a) cross country variation in the equivalence scales estimated in the presence of both household size economies and adult/child relativities, (b) impact of demographic adjustment of the poverty line, that incorporate household size and composition changes, on the poverty rates, and (c) sensitivity of the poverty estimates and their rankings to the ‘equivalence elasticity’. The study finds that country rankings based on per capita GNP bear very little resemblance with that based on the aggregate poverty rates. The latter hide substantial variation in the poverty estimates across different household types.     

Code-sharing Agreements and Interconnections in Markets for International Flights

The paper investigates the consequences of code‐sharing agreements among airline firms competing on international routes, where some passengers interconnect to flights originating or terminating at cities not served by foreign airlines. The authors calculate the precise market share captured by flights operated under code sharing. They compare airfares, market shares, profits, and passengers’ welfare before and after the implementation of a code‐sharing agreement and demonstrate that code sharing is Pareto‐improving.     

金砖新兴股票市场国际定位及其溢出效应检验

金砖四国新兴股票市场已不同程度地融入了全球一体化进程之中。从水平溢出效应看,四国股票市场受发展中国家指数收益率的影响都不够发达,只有中国在考虑汇率后对发达国家或全球指数收益率有显著作用;巴西和中国(考虑汇率后)对本地区有显著影响。从波动溢出效应看,除中国外,其他三国均影响发达国家或全球、发展中国家和本地区指数收益。     

Banks,Financial Markets and International Consumption Risk Sharing

In this article, we explore how characteristics of the domestic financial system influence the international allocation of consumption risk in a sample of OECD countries. Our results show that the extent of risk sharing achieved does not depend on the overall development of the domestic financial system per se. Rather, it depends on how the financial system is organized. Countries characterized by developed financial markets are less exposed to idiosyncratic risk, whereas the development of the banking sector contributes little to the international diversification of consumption risk.     

The 8th International Conference on Asian Financial Markets and Economic Development

<正>The"8th Inte rnational Conference on Asian Financial Markets and Economic Development"invites you to submit a paper for presentation hosted by the Nagasaki University(Nagasaki,Japan),and Chung-Ang University(Seoul,Korea),and Southwestern University of Economics(Chengdu,China).