Superneutrality, indeterminacy and endogenous growth

In this paper, we explore the possibility of having money as a source of indeterminacy in endogenous growth models. We adopt the simple Ak model of endogenous growth to be the main analytical vehicle whose balanced growth paths do not display local indeterminacy. Money is introduced via either a general cash-in-advance (CIA) constraint or a pecuniary transactions costs (PTC) technology. It is shown that local indeterminacy of the dynamics is due to the presence of an intertemporal substitution effect on capital accumulation that works against and dominates the conventional inflation effect of Tobin [1965, Money and economical growth. Econometrica 33(4), Part 2, 671]. If money is growth-rate superneutral, then the intertemporal substitution effect is absent so that local indeterminacy cannot occur. Finally, the strength of the intertemporal substitution effect depends positively on the intertemporal elasticity of substitution in consumption.     

基于产业集群的区域品牌建设——以锦州华昌光伏科技有限公司单晶硅太阳能电池片生产为例

近年来,辽宁省以单晶硅太阳能电池片生产为代表的光伏产业取得快速增长和重大技术突破,但是,由于缺乏领先技术和足够的经济竞争力,辽宁省光伏产业面临着国内市场竞争加剧的压力以及市场支撑不足的困扰。本文通过对锦州华昌光伏科技有限公司单晶硅太阳能电池片生产的深入分析,进一步揭示辽宁省光伏产业存在的问题及应作出的发展路径选择。     

财政分权、经济发展与城乡居民收入差距——基于省级面板数据的实证分析

本文基于2002—2011年省级面板经济数据,运用联立方程组模型分析财政分权对城乡居民收入差距与经济发展的影响效应及二者之间的相互作用。研究发现,财政分权既有利于促进经济发展又能够缩小城乡居民收入差距,同时,不同地区的财政分权对经济发展和收入差距的影响效应因财政支出结构的不同而不同。此外,研究发现我国城乡居民收入差距与经济发展存在库兹涅茨倒U型曲线关系,并得出我国城乡居民收入差距并没有达到拐点。     

房地产价格波动的储蓄效应研究：1997-2008——基于省际面板数据的实证检验

本文利用1997～2008年间的省际面板数据,对房地产价格和居民储蓄之间的关系进行了理论分析和实证检验。理论分析表明,区域和省际间实证结果的差异,主要缘于房价对储蓄特殊的影响机理：被动储蓄效应和结构储蓄效应。此外,房价对储蓄的影响还存在间接储蓄效应,这个效应说明房价在短期对储蓄具有正面影响,在长期对经济发展结构具有负面影响。实证结果显示：在全国范围、中部和西部地区,房价与储蓄存在高度显著的正相关关系,即存在明显的储蓄效应,但东部一些省份的估计结果却显示房价对储蓄的影响不显著。     

深圳地铁公共财政政策探索实践

深圳地铁运营重要数据预测和实际相差无几,为探索创新而可行的公共财政政策提供了基础,其成功实践说明,公共财政政策要在详实可靠的科学调研的基础上,与城市发展战略紧密结合,优化财政资源配置;同时需要相关部门密切配合;在手段上,要充分发挥企业积极性,以政策扶持为主,财政补贴为辅。     

Globalizing Business Ethics Research and the Ethical Need to Include the Bottom-of-the-Pyramid Countries: Redefining the Global Triad as Business Systems and Institutions

A majority of the countries in the world are still considered “developing,” with a per capita income of less than U$1,000. Hahn (2008, Journal of Business Ethics 78, 711–721) recently proposed an ambitious business ethics research agenda for integrating the “bottom-of-the-pyramid” countries (Prahalad and Hart, 2002, Strategy and Competition 20, 2–14) through sustainable development and corporate citizenship. Hahn’s work is among the growing field of research in comparative business ethics including the global business ethics index (Michalos, 2008, Journal of Business Ethics 79(1), 9–19; Scholtens and Dam, 2008, Journal of Business Ethics 75(3), 273–284; Tsalikis and Seaton, 2008, Journal of Business Ethics 75(3), 229–238). This article is complementary to Hahn’s work and it advocates an urgent need for business ethics researchers to globally integrate the bottom-of-the-pyramid countries through a fundamental re-definition of the global economic triad, including the United States, Western Europe, and Japan [Ohmae, 1985, Triad Power: The Coming Shape of Global Competition (New York: Free Press)]. The definition that we propose is based on business systems and institutional perspectives that include the bottom-of-the-pyramid countries. We also propose to broaden the research in business ethics to enable comparisons across business systems indifferent income levels.     

加快东北老工业基地国有经济布局和结构调整的思考

从战略上调整国有经济布局和结构,是经济体制改革的一项重要内容,也是深化东北老工业基地国有企业改革的一项重大措施。几年来,虽然国有经济布局和结构的调整取得了积极进展,但从总体上看,国有经济布局和结构不合理的状况尚未根本改变。布局仍然过宽,结构不尽合理,在某些领域或行业的比重过大等问题依然存在,这不仅影响到国有经济质量和效益的提高,影响到国有经济重要作用的发挥,而且也影响到国有资产管理体制改革和国有企业改革的深化。因此,必须加快东北老工业基地国有经济战略性调整的步伐。     

Political and Economic Inequities and the Shaping of Institutions and Redistribution

This article studies the joint effect of political and economic inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The effect of the former is to increase productive investment, and the effect of the latter is to decrease it—with resulting ambiguous implications for economic growth. Testing these predictions empirically in a panel of countries, we find that inequality has a negative effect on both institutional quality and redistribution.     

易燃易爆物流配送自动称量灌装秤气控线路的设计

对于一些易燃易爆的液体化工原料的称量和灌装,要求十分严格。本文针对易燃易爆品物流配送过程中称量灌装秤气控线路的设计,提出分析和探讨。     

社会养老保险与我国居民家庭风险金融资产投资——来自中国家庭金融调查(CHFS)的证据

本文基于2011年中国家庭金融调查数据,考察了社会养老保险对家庭风险金融资产投资的影响。研究发现:拥有社会养老保险会显著提高家庭持有风险金融资产的可能性和风险金融资产比重,边际效应分别达到25%和22%左右。这一结果在控制了家庭的经济水平、人口统计学特征和主观投资风险偏好态度等因素后依旧稳健,一个解释是社会养老保险能有效地降低未来的不确定性。我们进一步分城镇家庭和农村家庭的子样本研究发现,养老保险对家庭风险资产投资的影响在农村很小且统计不显著,这说明新型农村养老保险的养老保障水平和拉动金融消费的作用仍有待提高。