The Analysis of Fitzgerald’s Work by Functionality

Francis Scot Fitzgerald, who is the representative of the Jazz Age, was an American author of novels and short stories. In order to demonstrate the social influence of his works, this essay analyze the great author＇s main novels from the perspective of functionality. By demonstrate the common features of those masterpieces, the real role of his works can be more clearer and the readers can have a beter understanding of the deeper meaning of functionality.     

The Application of Factor Analysis to Corporate Bond Rating

Based on the research of Factor Analysis model, this paper studies Factor Analysis to corporate bond rating. By using SPSS12.0 to analyze the operation of corporate bond, a ease study is conducted, and the result is analyzed and its validity is testified. It is concluded that Factor Analysis is a new, simple and convenient method for corporate bond rating.     

An Analysis of Tax Incentives to Attract FDI in Bangladesh： An Empirical Study

The purpose of the study is to understand whether it is still viable to use tax incentives to attract foreign direct investment （FDI） considering their effectiveness and costs to the country, and if not, what should be the alternative, effective, and viable means of promoting the vital FDI inflow. The study investigated various incentives provided by BOI, and other relevant sources available as secondary sources. However, the multinational enterprises （MNEs） are not attracting for investment in Bangladesh always with tax incentives and there are alternative means of attracting FDI such as direct financial grants, subsidies loan guarantees, etc. This paper focuses on tax incentives and the debate against the effectiveness and efficiency in attracting FDI.     

Corruption of Local Government and Private Investment —An Analysis of Dynamic Panel data Model by System GMM

通过对中国省级层面数据建立的动态面板模型进行SYS-GMM估计发现,中国的地方政府腐败对私人投资积极性产生了显著的负面影响,尽管腐败并非影响私人投资的最重要因素,但其负面影响超过了政府公共投资带来的私人投资挤入效应.私人投资对直接影响其成本收益状况的因素最为敏感.多种稳健性检验表明腐败对私人投资的影响显著性和力度是非常稳定的.     

The Contribution of Transportation Infrastructure Investment to Economic Growth - An Empirical Analysis Based on Panel Data

This paper uses panel data models to analyze the contribution to economic growth brought by investment in transport infrastructure in eastern, central and western areas of China. This paper gets the conclusion that the investment in transport infrastructure of central area has the biggest contribution to economic growth.     

The Analysis on the Process of Organization Transformation through Knowledge Convening ＆ Fermenting Model

The complex and flexible environment that organizations tace now is never seen betore, and the ability of radical transforming is becoming absolutely necessary to an organization. The organization transformation process is also anatomized here by means of ＂knowledge convening ＆ fermenting model＂. In the knowledge-based economy times, organization transformation must focus on the knowledge management and the acquirement of the knowledge employees. Through the ＂knowledge convening ＆ fermenting model＂, we put forwards the system thinking way of organization transformation. The key point of organization transformation is reconsidering, and the thinking of the knowledge carriers obtaining is widened by the definition of ＂knowledge matrix＂, so the leader should do well in the reconsidering during the process of the organization transformation, confirming the organization＇s development direction, searching for the knowledge matrix, meanwhile, he also should be good at the creation of the favorable knowledge innovation environment for knowledge employees.     

The Significance of CSF Among Enterprises in Latvia： An In-depth Analysis

The present research paper is dedicated to the in-depth analysis of the significance of critical-to-success factors （CSF） among enterprises in Latvia. The goal is to distinguish and find key success factors of Latvian companies who survived the economic crisis, which started in 2008, and executed the enabling objectives of the paper. Research methodology involves the analysis of the existing theoretical literature, in-depth interviews with the top management representatives of large Latvian business entities were interviewed by GFK （Custom Research Baltic agency） on behalf of the authors of the paper. It is found out that 10 largest industries for the big companies are： fuel retail and wholesale, energetics, food retail and wholesale, chemical products, logistics, metal processing, financial services, information technologies service and production, passenger transportation, and telecommunication services. For medium companies such industries are： food retail and wholesale, logistics, fuel retail and wholesale, wood processing, automotive industry, construction, financial services, pharmaceutical products, metal processing, and beverage wholesale and production. The authors also scrutinised 72 articles of 38 Forbes magazine archiving from the years 2010-2014. Thirty CSF were defmed. The most significant CSF according to the Forbes interviews are specific market niche, export, technological innovations, and high quality of products and services. The in-depth interviews with the top management representatives prove the importance of the above mentioned factors. Relevant recommendations are provided in the end of the paper.     

The Buffer Stock Model Redux? An Analysis of the Dynamics of Foreign Reserve Accumulation

Cointegration analysis suggests that the buffer stock precautionary model accounts for the optimal reserve demand in nine developing countries located in Asia and Latin America. The corresponding VECMs are further interpolated, using the permanent and transitory innovation decomposition procedure, in order to assess the relative impact of the time series on the convergence to equilibrium after a shock. Finally the (asymmetric) effect on the speed of convergence of positive/negative changes in signal variables—such as the excess reserves of the previous period, relative competitiveness and US monetary stance—is found to be significant, in line with mercantilistic and fear of floating motives for hoarding reserves.     

Surviving the Famine Unscathed? An Analysis of the Long‐Term Health Effects of the Great Chinese Famine

We study the long‐term health effects of the Chinese Famine of 1959–1961 on five cohorts of individuals exposed to it at different stages of their early lives. Based on a 2011 national survey, we use instrumental variables to estimate the impact of the Famine on various health and lifestyle indicators for the whole sample and for the female and male subsamples separately. We have found some negative effects of Famine exposure: (i) for the whole sample, Famine exposure reduced adult height for two out of five cohorts; (ii) for both the female and the male subsamples, Famine exposure reduced adult height in one cohort; and on the whole the reduction was larger for males. We have also found in the subsample that Famine exposure was associated with (i) a higher risk of having hypertension in one cohort for females; (ii) a higher likelihood of smoking in one male cohort; and (iii) a higher probability of consuming alcohol in one cohort for males. Finally, we have not found a statistically significant association between Famine exposure and the risk of being overweight or underweight, having diabetes or other chronic diseases, having depression.     

An Analysis and Forecast of China‘s Economy in 2002—2003

Supported by strong domestic demand, China's economy maintained rapid growth through recent years. In 2002, the first year after China's WTO entry, growth has exceeded all expectations. GDP in the first three quarters of 2002 reached 7.1682 trillion yuan, up 7.9 percent over the same period of last year. This outcome is attributable to a number of factors including the global     

An Analysis of Rural Medical Insurance System for Inpatients~1——A Case Study of Jiangyin Model

I. Social Medical Insurance andIts Economic InterpretationThere are basically two models of social medical insurance in foreign countries:2 one is therisk model represented by the United States and the other is the welfare model representedby Europe and Japan (Zhou, 2002). In developing countries, except a few like Chile, medicalinsurance is associated with formal employment, with most of the rural population excludedsince they are scattered in families or in non-regular departments. Even…     

Measurement on Industry Contribution to Employment——The Case of Shaanxi

This paper applies a closed input-output model the framework of Shaanxi in 1992. The industry employment national industry employment contribution. to measure industry contribution to employment in contribution of Shaanxi is then compared with the     

Evaluation of Chinese higher education by TOPSIS and IEW — The case of 68 universities belonging to the Ministry of Education in China

This study uses techniques for order preference by similarity to ideal solution (TOPSIS) combined with information entropy weight (IEW), to investigate the performance of 68 Chinese universities belonging to the Ministry of Education (MOE) from 2002 to 2011. Assessments in teaching & research, and development ability reflect the short-term and long-term performance respectively. Development ability, consisting of human & physical capital, is an essential determinant, which is hardly found in the former evaluation. The performance of universities suggests that current fiscal expenditure allocation mechanism on Chinese universities is unreasonable, and Chinese higher education as a whole is inefficient. Furthermore, the performance of universities within the eastern region is better than the universities within the central and western regions, and that of the comprehensive universities is better than most specialist universities. Research and development ability largely determine the overall performance of universities. And the superiority and inferiority still co-exist in Chinese universities.     

Beggar thy Neighbor? The Transmission of Fiscal Shocks from the US to Canada

This paper investigates how innovations in income taxes and government expenditures originating in the US affect the US economy, and how these effects are transmitted to the Canadian economy. Using a semi-structural VAR model and data for both countries for the 1961:1–2004:3 period, we find that fiscal policy innovations originating in the US are transmitted to the Canadian economy by international trade and capital flows through interest rate and exchange rate channels. Unanticipated shocks to US government expenditures have beggar thy neighbor effects on Canada. US output increases and Canadian output decreases in response to a positive shock to US government expenditures. In response to an unanticipated increase in US income taxes, US output declines while US and Canadian real interest rates rise. The response of Canadian output, however, is not significantly different from zero.

The origin of FDI and domestic firms’ productivity—Evidence from Vietnam

This study examines how the origin of foreign investors affects the degree of horizontal and vertical technological spillovers, using firm-level panel data from Vietnam in 2002–2011. The results show a positive association between the presence of Asian firms in downstream sectors and the productivity of Vietnamese firms in supply industries, but no significant relationship in the case of European and North American affiliates. Within Asia, we find that foreign direct investment from China and Taiwan generates positive vertical spillovers to local suppliers. We hypothesize that distance, preferential trade agreements, and institutional or technological differences that affect the degree of local sourcing significantly impact vertical spillovers from foreign direct investment. The horizontal spillover effects are in general negative and statistically significant. Various robustness checks are performed.