调整政府支出结构促进居民消费增长——基于政府支出与居民消费互补性关系的分析

本文主要从政府支出与居民消费的互补性关系出发,提出政府支出结构调整的三个主要方面,即加大农村基础设施的投资、加大教育和健康服务等优效品的支付以及加大社会保障和收入支持的支出,以此促进居民消费快速增长,推动经济增长由主要依靠投资和出口拉动向主要依靠内需特别是消费拉动转变。     

高校专利技术转化价值评估及其法律问题探析

针对高校专利技术转化现状,分析了高校专利技术转化价值的影响因素及评估中的相关法律问题,提出高校专利技术的真正价值内涵在于运用知识产权制度,将专利技术优势转化为经济效益和社会效益。为此,高校需强化专利技术转化价值的意识和评估观念,形成以专利技术的研发、保护、转化、运营为中心环节的知识产权管理体系。     

外资企业进入内销市场的障碍与对策研究——以东莞市为例

外资企业进入内销市场是中国加入WTO后中国经济政策走向的一个重要内容,但从东莞调查的情况看,外资企业的内销还处于起步阶段,其原因就在于目前内销市场还存在外部进入障碍和内部市场障碍。为此,政府应转变外销优于内销的政策倾斜;改变把国内外两个市场截然分开的政策与管理模式,统一准入标准;发挥保税区和保税物流区整合物流、强化内销的作用;加强内销市场的监管,加大知识产权保护和规范企业行为。     

县域主导产业选择研究

要发展好县域经济必须重视其主导产业的选择。阐述了县域经济主导产业选择必须注意的原则,建立了相关的评价指标,运用了熵值计算方法对县域经济的主导产业进行了实证分析。     

城乡统筹发展前提下人力资本与人均收入的关系

以2000年、2005年的统计资料为样本,对城乡人力资本与人均收入关系的研究表明,人力资本因素对居民收入的影响力不断增强。东部地区农村人力资本的存量和收入都高于西部地区.但地区间人力资本差距与城乡收入差距没有显著相关性,这与人力资本关于收入分配理论相悖,而这种背离是由于制度的不合理造成的。因此,要进行制度创新,从制度设计上确立人力资本的地位,强化对农村人力资本投资尤其是对西部农村地区的支持力度。     

私营企业经济绩效、参政意识与浙粤现象

改革开放以来,我国私营企业取得了令人瞩目的经济成就,成为我国经济增长的引擎、税收的重要贡献者和就业的主要吸纳器。与此同时,在体制边缘艰难生长起来的私营企业在经过了最初的求利阶段后,参政意识和政治地位明显提高。一方面提高了财政支出的公共度,另一方面增强了地方人大对于政府预算的监督力度,从而促进了我国公共财政的发展。     

Adverse Selection,Investor Experience and Security Choice in Venture Capital Finance: Evidence from Germany

This article analyses 336 German venture capital transactions from 1990 to 2005 and seeks to determine why selected financial securities differ across deals. We find that a broad array of financial instruments is used, covering straight equity, mezzanine and debt‐like securities. Based on the chosen financial securities’ upside potential and downside protection characteristics, we provide an explanation for the differing use of these securities. Our results show that investors’ deal experience, adverse selection risks and economic prospects in the public equity market influence the selection of financial securities.     

THE GENERAL STRUCTURE OF OPTIMAL INVESTMENT AND CONSUMPTION WITH SMALL TRANSACTION COSTS

We investigate the general structure of optimal investment and consumption with small proportional transaction costs. For a safe asset and a risky asset with general continuous dynamics, traded with random and time‐varying but small transaction costs, we derive simple formal asymptotics for the optimal policy and welfare. These reveal the roles of the investors' preferences as well as the market and cost dynamics, and also lead to a fully dynamic model for the implied trading volume. In frictionless models that can be solved in closed form, explicit formulas for the leading‐order corrections due to small transaction costs are obtained.     

WELFARE‐MAXIMISING PRICING IN A MACROECONOMIC MODEL WITH IMPERFECT COMPETITION AND CONSUMPTION EXTERNALITIES

This paper develops a simple macroeconomic model with imperfect competition and consumption externalities, and uses it to examine whether the marginal cost pricing rule in the partial equilibrium framework can apply to the general equilibrium framework. It is shown that, for welfare to be maximised, average revenue should be set equal to marginal cost if consumption externalities are either absent or positive. However, for welfare to be maximised, average revenue should be set higher than marginal cost in the presence of negative consumption externalities.     

Energy Saving and Tourism Sustainability: Solar Control Window Film in Hotel Rooms

This paper investigates solar control film as an energy saver in the fast growing hotel sector in southern China. It investigates claims made for this low-cost retrofitted material in hotel rooms, calibrating reductions in solar gain in summer. It provides reliable and independent data about the performance and economic viability of solar control film in real hotel environments. The study found that, by limiting solar gain, the film helps limit tourism's impact on global warming and climate change. The paper also foreshadows new technical glazing developments.