提升FDI对自主创新积极作用的对策研究

文章在对FDI自主创新的积极作用和基于利用FDI培育自主创新能力的制约因素分析的基础上，从政府和企业两个角度提出了政策建议。     

企业FDI区位选择影响因素研究

经济全球化是当今世界经济发展的主要潮流,而经济全球化的主要驱动力量来自跨国公司的对外直接投资。企业在进行对外直接投资时必须充分考虑到对外投资的区位选择。本文从区位选择的外因和内因,及东道国区位和企业自身特性两个方面,考虑企业在直接对外投资中受到的影响,并对未来相关研究进行展望。     

广西利用FDI的特点分析

文章主要分析了广西利用FDI的规模和发展历程,广西FDI的主要投资领域及主要的来源地,广西接受外商投资的主要方式等内容。广西利用FDI的主要特点为:广西利用FDI的规模变化并不稳定,总体规模偏小;FDI在三次产业的分布存在较大差距;港澳台、东盟各国、美国、日本等是主要来源地;外商独资经营和中外合资经营是外商主要的投资方式。     

FDI流入对东道国工资效应的研究综述

FD I流入必然会对东道国工资产生影响。随着并购的增多,国际学术界对绿地投资和并购的工资差异以及并购前后工资变化的研究逐渐增多。文章综合国际学术界在该领域的研究动向及最新成果,对于我国学术界有一定参考价值。     

The ‘COVID’ crash of the 2020 U.S. Stock market

We employed the log-periodic power law singularity (LPPLS) methodology to systematically investigate the 2020 stock market crash in the U.S. equities sectors with different levels of total market capitalizations through four major U.S. stock market indexes, including the Wilshire 5000 Total Market index, the S&P 500 index, the S&P MidCap 400 index, and the Russell 2000 index, representing the stocks overall, the large capitalization stocks, the middle capitalization stocks and the small capitalization stocks, respectively. During the 2020 U.S. stock market crash, all four indexes lost more than a third of their values within five weeks, while both the middle capitalization stocks and the small capitalization stocks have suffered much greater losses than the large capitalization stocks and stocks overall. Our results indicate that the price trajectories of these four stock market indexes prior to the 2020 stock market crash have clearly featured the obvious LPPLS bubble pattern and were indeed in a positive bubble regime. Contrary to the popular belief that the 2020 US stock market crash was mainly due to the COVID-19 pandemic, we have shown that COVID merely served as sparks and the 2020 U.S. stock market crash had stemmed from the increasingly systemic instability of the stock market itself. We also performed the complementary post-mortem analysis of the 2020 U.S. stock market crash. Our analyses indicate that the probability density distributions of the critical time for these four indexes are positively skewed; the 2020 U.S. stock market crash originated from a bubble that had begun to form as early as September 2018; and the bubble profiles for stocks with different levels of total market capitalizations have distinct temporal patterns. This study not only sheds new light on the makings of the 2020 U.S. stock market crash but also creates a novel pipeline for future real-time crash detection and mechanism dissection of any financial market and/or economic index.     

The 2016 U.S. presidential election and the Stock,FX and VIX markets

The U.S. presidential election is one of the global political events that have the profound effects on the Global Financial Markets (GFMs). The aim of the study is to examine Stock, FX and VIX markets under the U.S. presidential election 2016. The findings strongly suggest that ‘U.S. presidential election effects’ hold in equity and FX markets across the GFMs. The empirical outcome signifies that markets are inefficient in the short-run (election year) and allows the opportunity to make abnormal gains from the market. The ‘Republican president elect’ has shown negative effects on the Nifty50, S&PASX200, and IPC equity markets while FTSE100, DJIA, Top40, EuroStoxx50 and Nikkei225 have reported positive returns. The Trumps’ proposal on international trade has caused major loss in the global currency market against the U.S. dollar. The investors’ sentiment to be measured extremely low on the poll announcement day but VXJ and AXVI based market participants have shown very high degree of concern. The Bearish-run election effects to be observed during the election period while post election period has shown Bull-run effects (Asia-pacific markets).     

美军网络媒体价值透视

美军网站的影响力大,功能性强,在宣传、沟通、服务、监督等方面都发挥着重要的作用,成为美军公共事务活动中的重要部分。根据不同的受众群体,美军网站体现出不同的媒体价值功能。     

Asymmetric volatility connectedness among U.S. stock sectors

This paper examines the dynamic asymmetric volatility connectedness among ten U.S. stock sectors (Consumer Goods, Consumer Services, Financials, Health Care, Materials, Oil and Gas, Technology, Telecom, Real Estate Investment Trust (REIT), and Utilities). We use the methodology of Diebold and Yilmaz (2012, 2014, 2016) and the realized semivariances introduced by Baruník et al. (2017) to five-minute data. The results show evidence of time-varying spillovers among U.S. stock sectors which is intensified during economic, energy and geopolitical events. Moreover, the spillovers under bad volatility dominates the spillovers under good volatility, supporting evidence of asymmetry. Financials, Materials, Oil and Gas, REIT, Technology, Telecom and Utilities are net receiver of spillover under good volatility (positive semivariance). In contrast, Oil and Gas shift to net contributor of spillover under bad volatility (negative semivariance). Moreover, the connectedness network among sectors exhibits asymmetric behaviors. These results have important implications for risk management.     

美国蔬菜产业的扶持政策

介绍了美国蔬菜生产的概况。通过对美国零散分布于相关农业政策中有关蔬菜生产扶持的政策进行提炼和分析,介绍了美国对蔬菜生产进行扶持的主要措施与做法。     

浅析美军联合军官管理制度发展

随着诸军种联合作战的规模和频率不断增加,为改进联合作战能力,美军对联合作战指挥结构进行了改革,出台了联合军官管理制度,对联合军官的选拔、教育和晋升等作出了具体的规定。     

美军配送式物流中应用多式联运的研究

美军作为配送式后勤的先行者,在多式联运方面积累了丰富经验。首先分析了多式联运在美军配送体系中的作用,接着从5个方面论述了美军运用多式联运的实践经验。     

美军射频识别技术应用特点及存在的问题

分析了美军射频识别应用特点及存在的问题,为我军现代化军事物流的建设发展提供参考借鉴。     

INSTABILITY OF THE U.S. MONEY DEMAND FUNCTION

Abstract. The paper surveys the two major episodes of instability of the U.S. money demand function known respectively as 'the mystery of missing money' and 'the great velocity decline'. It also assesses the recent literature on open economy money demand models and their usefulness in explaining the puzzling behaviour of money demand manifested shortly after the transition to floating exchange rates.     

美军联合电子战中管理职能探析

美军认为,信息化战争中把握好联合电子战运行过程中的关节点对顺利实施电子攻防起着事半功倍的作用。本文结合管理理论,对美军联合作战条令中电子战的理论和实施进行了研究,以期对我军电子战的实施和管理提供参考。     

美国《复苏与再投资法案》关于铁路投资监管的规定对我国的启示

研究了美国《复苏与再投资法案》关于铁路投资监管的规定中,在铁路投资监管的主体、监管的形式和内容等方面值得借鉴之处,分析总结出中国经济刺激政策实施过程中对铁路投资监管的相应不足之处,结合我国的有关法律和实际情况,提出完善我国铁路投资监管的法律建议,即:在主体方面,应该进一步明确新增中央投资协调小组的职能、权力和运行机制,增加全国人大及其常委会作为铁路投资日常监管的主体,完善媒体和公众监督;在形式和内容方面,在事前监管和事中监管方面予以完善,并且增加新增中央投资协调小组的建议权。     

美国物流六十年及启示

回顾了物流在美国的发展和研究状况,从历史和学术研究史的角度看,对深入认识物流的本质和未来发展趋势都有着重要的作用。同时,美国物流的发展史对我国的物流发展也有着积极的借鉴作用。     

浅析美军供应链保障模式及对我军的启示

精确、及时、高效的后勤保障是夺取现代战争的关键因素。美军利用供应链理论。借鉴现代物流企业先进的供应链管理理念，优化其物流系统，使其后勤保障系统不断成熟与发展，实现了适时、适地、适量的后勤保障。美军应用供应链理论的成功经验及其存在的不足为我军提供了有益的启示。     

美军未来地面运输装备前瞻

现代科技与人类创造力的完善结合创造出许多极富想象力的现代机械,文章介绍了四种将在未来装备美军的地面运输装备,包括未来战斗系统中的后勤机器人车辆、未来战术卡车系统、机械外骨骼、仿生学机器人,它们不仅是可以高效完成战场运输任务的运输机械．更是美军科研创新体制先进性的证明,其研发思路和功能运用对我军相关研究具有启示和借鉴作用。     

美国物流法律制度特点及对我国的启示

介绍了美国物流法律制度的立法模式、特点、发展阶段及内容,以及我国物流法律制度的发展现状及存在的问题,最后借鉴美国经验,提出了完善我国物流法律制度的建议。