上海发展循环经济的目标和领域分析

本文对上海市发展循环经济的目标和领域进行了分析。指出了到 2 0 2 0年上海市发展循环经济的总目标和近期、中期、远期目标。指出上海市发展循环经济应从小循环、中循环、大循环及长三角区域循环四个层面上开展并在区域层面上进行重点整合。最后 ,本文对在四个层面上进行循环经济领域建设的具体内容做了重点研究     

Second opinion programs: continued savings from nonconfirmed surgeries

A second opinion program for elective surgery was one of the first tools utilized by employers to "manage" health care costs. These authors argue that second opinion programs continue to demonstrate their usefulness as part of overall health care cost-management effort.     

Transaction costs and competition among audit firms in local markets

We develop a measure to capture an audit firm's competitive position in a local audit market based on the transaction costs of changing audit firms included in DeAngelo's (1981) multi-period audit pricing model. Our competition measure reflects the size difference between the largest audit firm in a market specified by client industry at the city level and the other audit firms operating in that market. We find that audit fees of a client decrease as this size difference increases. This result suggests that smaller audit firms charge lower audit fees because of their competitive disadvantage to the local largest firm.     

上海浦东加快金融服务外包基地建设之我见

本文紧贴上海浦东金融服务外包发展的实际,在对上海浦东发展金融服务外包的优势、机遇和挑战进行详细分析的基础上,概括出上海浦东加快金融服务外包发展的基本走向与框架,并根据这一宏观趋势提出了产学研开放推进浦东金融服务外包的四维构想,从金融服务外包产业发展研究、企业成长服务、专业人才培养、国际交流论坛等四个方面,为上海浦东加快发展金融服务外包基地建设提出了切实可行的建议。     

Impact of price limits on Taiwan security returns

The paper investigates the effects of daily price limits imposed by the R.O.C. Government on shares listed on the Taiwan Stock Exchange. The study is performed on nineteen blue-chip stocks from six industries. For each sample stock, the daily returns (from 4 January 1986 to 24 October 1987) are divided into three groups: (A) first experimental, (B) second experimental and (C) control groups. Each sample point in groups A and B consists of one event day and the following six trading days. Event day is defined to be the day the stock price reaches the upper (lower) price limit. Group C comprises all other days, except ex-dividend days. Group C data are used in the market model to obtain the alpha and beta estimates for that stock. These estimates are then used to (CARs) embedded in data sets A and B. The preliminary results of this research suggest severe violation of the random walk hypothesis. Further, the impact of government imposed price limits on stocks varies across stocks. While several patterns of CARs of stock return are observed, the results suggest existence of potential profitable short-run investment strategies among several sample stocks in this study.We are most grateful to the National Science Council of Taiwan and National Chiao-Tung University for providing the data set, SPIT. This paper has benefitted from the discussion in the conference.     

INDUSTRIAL CLUSTER,NETWORK AND PRODUCTION VALUE CHAIN: A NEW FRAMEWORK FOR INDUSTRIAL DEVELOPMENT BASED ON SPECIALIZATION AND DIVISION OF LABOUR

This paper develops a general equilibrium model with endogenous clusters and an endogenous network of division of labour to formalize and explore the interrelationship and rules of industrial clusters, the network of division of labour, and the economies of specialization and agglomeration in the new era of globalization and regionalization. The model suggests that institutional efficiency and competition among countries and industries will facilitate important circular effects, propelling and shaping the arrangement and allocation of industrial clusters, establishing their position in the value chain, and, consequently, determining the status of economic growth. In particular, the improvements in institutional efficiency of economic and technology systems will expand the demand for transactions and network size, which, in turn, will determine the development of cluster and network scope, as well as the position in the production value chain.     

The influence of self-construal and materialism on social media intensity: a study of China and the United States

This study investigated the potential influence of self-construal and materialism on intensity of usage for three social media platforms: social networking sites (SNSs), microblogging sites (MBSs), and video sharing sites (VSSs). Data were collected from China and the United States – two countries with the highest advertising expenditures and Internet populations. Drawing from the social comparison theory (SCT) and the framework of independent and interdependent self-construal, results of the hierarchical multiple regressions indicated that both independent and interdependent self-construal were positively related to SNS intensity among Chinese and American users. However, interdependent self-construal had a significant, negative relationship with the intensity of MBS use among users in the two countries. Materialism was found to positively relate to SNS intensity, MBS intensity, and VSS intensity among Chinese and American users. These results provide evidence that self-construal and materialism contribute to social media use independent of nationality. Theoretical and managerial implications for international advertising strategies are discussed.     

Who is afraid of the Ebola outbreak? The influence of discrete emotions on risk perception

The appraisal tendency framework (ATF) suggests that discrete emotions mediate the relationship between cognitive appraisals and behaviors. Based on the ATF, this study analyzed and found that fear, anger, anxiety, disgust, and sadness were positively related to the US public’s risk perception about the Ebola outbreak. Fear was also found to inhibit the degree to which systematic processing of the relevant risk information influenced participants’ support for institutional mitigation measures such as sending more health professionals to help countries in West Africa deal with the Ebola outbreak. The result partially confirms the ATF and offers important practical implications in regard to the communication of emergent public health crises.     

Electronic Word-of-Mouth in Social Networking Sites: A Cross-Cultural Study of the United States and China

ABSTRACT

Understanding electronic word-of-mouth (eWOM) in social networking sites (SNSs) is crucial as consumers have potential to reach global audiences quickly and easily. This article presents the first cross-cultural study on eWOM in SNSs by examining social relationship variables between the United States and China. Specifically, social capital, tie strength, trust, and interpersonal influence were examined as potential predictors of eWOM communication in the emerging online social channels. The results suggest that national culture plays a significant factor that affects consumers’ engagement in eWOM in SNSs in the two countries. Theoretical and managerial implications for global Internet marketers were presented and discussed.     

我国生态旅游发展的阶段性特征研究

从1982年至今,我国的生态旅游走过了27年的历程。本文结合我国生态旅游理论与实践的发展状况,在对1989年至今中国期刊网上收录的以生态旅游为题进行研究的文献进行统计与分析的基础上,探讨了我国生态旅游发展所经历的四个阶段的特征。