搭建先进创新平台 构筑特色服务体系

搭建先进创新平台、构筑特色服务体系是川大科技园自建园以来就坚持不懈的目标和任务.通过近十年的努力,由于先进创新平台与特色服务体系的搭建和构筑,川大科技园已在科技成果转化.高新技术企业孵化和创新创业人才培养三大中心任务上取得丰硕成果,现已成为国际化.开放化和具有持续创新能力的国家一流大学科技园区.     

华侨网络和对华投资特点浅析

目前,对华侨还没有统一的概念,但华侨的大量存在却是不争的事实,华侨投资在中国经济发展中的作用也是非常显著的.在华侨网络形成过程中,方言曾经起着非常重要的作用,并通过血缘、地缘和业缘紧密联系在一起.华侨对华投资往往与故乡有机结合,与香港企业共同投资,并充分利用中国政府的优惠政策,又有向北京、上海等中心城市扩展的趋势.     

Rational Beliefs or Distorted Beliefs: The Equity Premium Puzzle and Micro Survey Data

This paper examines whether the expected equity premium constructed from survey forecasts is consistent with the implications of the rational belief approach or the distorted belief approach to explaining the equity premium puzzle. To address this question, a panel data model with a fixed individual effect and a business cycle effect is analyzed. The results appear more favorable to the distorted belief approach. The average expected equity premium is lower than the average realized equity premium during the sample period. The average bias across economists is significant and varies over the business cycle, which is consistent with distorted beliefs that are excessively pessimist.c over expansions and excessively optimistic over contractions.     

China, Asia, and the World Economy： The Implications of an Emerging Asian Core and Periphery

I. IntroductionThe effect of China’s rapid growth on other Asian economies is felt most directly through itsimpact on international trade and foreign investment. However, not only is the magnitude of this impact uncertain, even its direction is disputed. Some authors emphasize that China’s emergence as an economic power is applying intense competitive pressure to its neighbors. China’s immense reserves of cheap labor enable it to out-compete neighboring economies in the production of low-…     

Can countries rely on foreign saving for investment and economic development?

Contrary to widespread presumption, a surprisingly large number of countries have been able to finance a significant fraction of their investment for extended periods using foreign finance. While many of these episodes are in countries where official finance is important, we also identify episodes where a substantial fraction of domestic investment is financed by private capital inflows. Although there is evidence of a positive growth effect of such inflows in the short run, that positive impact dissipates after 5 years and turns negative over longer horizons. Many such episodes end abruptly, with compression of the current account and sharp slowdowns in investment and growth. Summing over the inflow (current account deficit) episode and its aftermath, we find that growth is slower than when countries rely on domestic savings. The implication is that financing growth and investment out of foreign savings, while not impossible, is risky and too often counterproductive.     

Strategies to reduce product proliferation

Major problems associated with product proliferation include higher production, inventory, and record-keeping costs; increased expenses associated with trade promotions and slotting fees; added consumer confusion and stress; and increased susceptibility to stockouts. This article describes how a firm can limit product proliferation without incurring reduced sales or lowering consumer loyalty. An effective product proliferation reduction program needs to be based on several principles: resisting the temptation of asking consumers if a greater assortment is required; classifying goods into consumer behavior-based tiers; using interfunctional product pruning teams; practicing mass customization, where appropriate; placing absolute limits on product choice; and implementing effective strategies for product pruning.