内心生活与员工创造力的关系——基于员工建言的中介作用

在文献回顾的基础上确定理论模型,采用问卷调查数据,实证研究了员工的内心生活水平对其创造力的影响,并探讨了建言行为在两者间的中介作用。研究结果表明:内心生活对员工的创造力和建言行为均有显著的正向影响;建言行为在内心生活与员工创造力间的关系中起完全中介作用。     

我国上市公司关联交易的动因及监管

上市公司关联交易呈持续上升的态势。关联交易的发生有其客观基础和必然性,它为上市公司规避税负、转移利润、取得公司控制权、形成市场垄断、分散或承担投资风险等提供了合法的途径,但关联交易有可能损害非关联股东和债权人的利益,进一步对证券市场构成严重危害。应加强对上市公司关联交易的监管：在政策导向上,控制并不断减少由于历史和体制原因而形成的大量不合理的关联关系和交易行为,抓住源头,综合治理;针对关联交易中出现的新问题,适时调整和完善相关法规及监管方式和手段,对上市公司的关联交易行为进行更加具体和有效的规范。     

价格发现度量方法述评

本文系统性地分析并评价了现有的价格发现指标度量法与结构模型度量法,对现有价格发现度量法进行改进,并为后续市场价格发现实证研究理清思路。主要贡献可以概括为:指出广泛使用的IS和CS指标并非价格发现的有效度量指标;揭示协整分析与脉冲响应分析自身的局限性;挖掘市场微观结构模型的内在构造机理,阐释各类结构冲击的真实含义;构造新的价格发现度量指标——价格误差方差指标。     

Economic performance and international trade engagement: the case of Portuguese manufacturing firms

By combining economic and financial data for Portuguese manufacturing firms with data on their exports and imports, we uncover some aspects of the relationship between international trade engagement and firms’ performances. In line with recent theoretical and empirical developments in the international trade literature: (i) we testify that Portuguese international trade is highly concentrated, especially on the import side, and both in inter- and intra-sector terms; (ii) we corroborate previous studies and theses according to which two-way traders outperform only importers, only exporters and above all domestic firms; (iii) we find that the greater the diversification of markets and goods (especially with regard to imports), the better the performance achieved by internationalised firms; (iv) we notice that the higher the intensity of firms’ international trade (especially imports), the better their performance; (v) we also present evidence that destination markets for exports and origin markets for imports are also important in explaining firm’s performance.     

Environmental efficiency and its distribution dynamics in Chinese cities

ABSTRACT

This paper investigates environmental efficiency and its distribution dynamics in Chinese cities. The analyses are applied the meta-frontier data envelopment analysis and the continuous dynamic distribution approach together with panel data of 286 Chinese cities at the prefecture and above-prefecture levels. The results show that during the period of 2002–2011, the average environmental efficiency in Chinese cities is well below the production frontier. The coastal cities show better performance than the central and western cities; large and extra-large cities are more efficient than small and medium cities; and the environmental efficiency for the ‘key’ cities is slightly better than that for the ‘non-key’ cities. The spatial dynamic distribution analyses indicate that the environmental efficiency of Chinese cities tends to converge. To improve environmental efficiency in the future, the government should pay more attention to the central cities, medium and large size cities in western China, and the non-key cities.

Abbreviations: CPI- Consumer price index; DEA- Date envelopment analysis; DMU- Decision making unit; GDP- Gross domestic product; GMI -Group- frontier managerial inefficiency; IPCC- Intergovernmental Panel on Climate Change; MTR- Meta- technology gap ratio; NTP- Net transition probability; PAA- Prefecture and above-prefecture levels; PIM Perpetual inventory method; SFA Stochastic frontier analysis; TGI Technology gap inefficiency     

商业银行与深港文化产业的金融对接——以建行为例

发展文化产业需完善投资和融资体系,实现文化产业资金来源的多元化。本文通过分析建设银行在深港两地文化产业金融服务状况,提出商业银行与文化产业金融对接的建议：创建＂债权投资与股权投资双轨并行＂的投贷联动模式;构建和完善文化资产价值担保和评估制度;借助金融创新打通个人向文化企业直接投资的渠道。     

Flood Risk and Salience: New Evidence from the Sunshine State

A growing literature finds evidence that flood risk salience varies over time, spiking directly following a flood and then falling off individuals' cognitive radar in the following years. In this article, we provide new evidence of salience exploiting a hurricane cluster impacting Florida that was preceded and followed by periods of unusual calm. Utilizing residential property sales across the state from 2002 through 2012, our main estimate finds a salience impact of ?8%, on average. The salience effect persists when we base estimation only on spatial variation in prices to limit confounding from other simultaneous changes due to shifting hedonic equilibria over time. These effects range from housing prices decreases of 5.4–12.3% depending on the year of sale. Understanding flood risk salience has important implications for flood insurance and disaster policy, the benefits transfer literature, and, more broadly, our understanding of natural disaster resilience. JEL Classification: Q51, Q54, R21     

国际货币体系改革——金融危机后的思考

美国次贷危机引发的全球金融危机,使现行国际货币体系—牙买加体系的缺陷进一步暴露出来:美元本位制放纵了美国的过度消费,国际资本流动缺乏监管以及不稳定的汇率体系加剧了危机蔓延。虽然对国际货币体系的改革面临美元霸权、改革成本高等方面的阻碍,但改革现行的IMF以及扩展国际救助范围,加强金融监管力度已然成为改革方向。     

新疆民族地区经济发展问题研究

新疆民族地区生态环境脆弱,经济发展滞后,已经成为制约新疆经济发展的重要环节。因此,加快民族地区经济发展,缩小民族地区与其他地区的差距,不断提高各族人民生活水平,实现各民族共同发展、共同繁荣,不仅是一个经济问题,也关系到新疆的社会稳定和和谐发展。本文对新疆民族地区经济发展状况和存在的主要问题进行了分析,并有针对性地提出了几点对策建议。