Turkey's Hope

Turkey, lies southeast of Europe on the tip of western Asia, the country enjoys both a historical bond and deep friendship with China.With their respective locations on the west and east ends of the ancient Silk Road, Turkey and China have a long history of political, cultural and trade relations.……     

中国要素替代弹性之“索洛猜想”检验

基于一般要素增强型CES生产函数,利用1978-2011年省级数据,以变系数面板模型估计我国国民经济和三次产业替代弹性时间序列,对两类"索洛猜想"进行经验检验。研究发现:我国总量替代弹性和三次产业替代弹性均明显小于1,CD生产函数并不适用;改革时期替代弹性呈上升趋势,"索洛猜想1"得到有力支持;总量替代弹性介于三次产业替代弹性之间,且小于产业替代弹性加权平均值,"索洛猜想2"被明确拒绝。最后,就该领域进一步研究进行展望。     

Planning the multinational's future

Multinationals are members of an endangered species which must plan for and adapt to change if it is to survive, says a chemical industry executive.