Social capital of black business owners

Analysis of data from the 1982Characteristics of Business Owners Survey reveals that there are some differences between the social capital (social resources available from group support networks) of black business owners and those of other ethnic groups. Black owners have had less exposure to entrepreneurial role models and training in firms run by close relatives than Asian, Hispanic, or nonminority male owners. They do not rely on their relatives or friends for business loans to the same extent as Asians, and show less such reliance than the other groups as well. Black owners compare favorably with Hispanics and nonminority males in using family funds as a source of nonborrowed capital, but are behind Asians. Black firms are relatively more likely to sell to minority customers and hire minority employees. Finally, black owners are the least likely to be married, which indicates some diminished help from the family, a key institution in group support networks.     

一条街上的财富与时尚——江北观音桥商业圈荣膺"中国著名商业街"

观音桥步行街是一条在中国西部乃至全国都享有较高知名度和美誉度的魅力金街。山城重庆,中国西部一颗璀璨的明珠。伴随着奔涌的改革开放大潮,重庆的城市面貌发生了让人耳目一新的变化。这其中,独具特色的商业街建设更为山城增添了一抹亮色,成为这个新兴直辖市名副其实的城市名片。日前,中国步行商业街工作委员会的专家组一行奔赴重庆,对日新月异的重庆市江北观音桥商圈进行了考察。专家们认为,观音桥商业街在建设全国著名商业街过程中形成的集聚、集成和集散的商圈效应,对于各地方兴未艾的商业街建设具有启迪和示范作用,观音桥商圈的开发和…     

区位商视角下的深圳优势产业实证分析

深圳经济特区成立30年以来,经济快速发展的同时也面临各种挑战。一方面,深圳内部面临着发展后劲不足、调控经济不力等多方面的问题;另一方面,外部经受着国内产业结构不断优化升级的考验。运用区位商对深圳的产业优势进行数量上的分析,可以为深圳产业结构的调整和转型提供科学指导,加速深圳的产业结构升级,以促使深圳的经济能够跃上新的台阶。     

西南地区创业风险投资环境评价与策略研究

西南地区加快发展创业风险投资具有重要的战略意义。建立西南地区创业风险投资环境评价模型,并进行了实证分析。针对西南地区创业风险投资环境评价指数的薄弱环节,提出了拓宽"进入渠道"、"退出通道"等五大发展策略,以期为西南地区各级党委和政府在加快创业风险投资进程决策时提供参考。     

国家级开发区招商项目准入评价工作机制的构建研究

文章从国家级开发区招商引资项目的特点分析入手,提出了建立动态的项目评价咨询专家库、项目评价工作联席会议制度、项目事后评估制度和责任追究奖惩制度的项目准入评价工作机制,以期把好国家级开发区招商引资项目的准入关,为开发区招商提供一种工作思路.     

基于电子商务的区域中心城市物流配送体系优化途径研究

本文分析我国区域中心城市物流配送体系建设中存在的主要问题及其在发展电子商务中的重要性,提出我国基于电子商务的区域中心城市物流配送体系优化的途径是:①强化物流配送网络的建设;②强化物流配送企业的培育;③加大物流配送政策支持力度。     

借助CEPA实施,促进广州中央商务区的新一轮发展

《广州市商业网点发展规划（2001-2010）》指出：“广州中央商务区包括珠江新城、天河北、环市东二个片区”。《广州城市建设总体战略规划》中明确提出：“以广州21世纪中央商务区的建设拉动城市发展，…中央商务区要承担全市商务办公、金融贸易等功能”，为中央商务区勾画了集国际金融、贸易、商业、文娱、居住等城市一级功能设施于一体，数字型、学习型、生态型城市中枢及推动国际经贸交流与合作基地的雄伟蓝图。     

The European business cycle

This paper deals with the existence and identification of acommon European growth cycle. Univariate Markov switching autoregressionsare used for individual countries in order to detect changesin the mean growth rate of industrial production. A Markov switchingvector autoregression model is then used to identify a commoncycle in Europe. Three important results are obtained: we finda common unobserved component governing European business cycledynamics, suggesting the existence of a common business cycle;we propose a dating of the business cycle, both for an indexof industrial protection and GDP, and both chronologies appearto be consistent; and finally we retrieve an important set ofstylized facts and relate these with those reported for theUS. Finally two further issues are investigated: first, thecontribution of the European business cycle to the individualcountry cycles; and second, we undertake an impulse responseanalysis to investigate the response of each individual countryto European expansions and recessions.     

The assessment: business cycles

This overview paper places in context eight papers coveringa wide spectrum of views on modern business cycle modelling.Inter alia, these address some gaps in the real business cycle(RBC) literature (e.g. the extremely limited treatment of creditand asset markets) and various other anomalies (e.g. the failureto explain volatility and persistence of employment and unemployment,and the non-cyclicality of real wages). The paper then focusesfurther on two issues central to RBC models. Such models aredriven by large and persistent technology shocks. However, empiricalevidence from UK manufacturing shows that correcting for cyclicalutilization results in shocks which are small and non-persistent.The second issue is one of empirical methodology. Though theRBC approach was intended as a response to the Lucas critique,by largely assuming away government policy feedback rules, thesemodels are far from policy-relevant. The alternative vectorautoregression (VAR) approach implicitly incorporates theserules, but ignores shifts in rules. A constructive responseto the Lucas critique needs to incorporate policy rule shiftsand private-sector reactions directly, which looks hard to achieveoutside the context of structural econometric modelling.