Legal tradition and antitrust effectiveness

This article uses cross-country data to empirically investigate through which channel legal origin can influence antitrust effectiveness. The evidence shows that the adaptability channel (legal flexibility) is more important for explaining antitrust effectiveness than the political channel (authority independence). The evidence also suggests that countries in which a judicial decision is a source of law will provide more legal flexibility and will adapt more easily to changing economic circumstances. They will therefore also have better enforcement of antitrust rules. On the other hand, a legal tradition that takes no formal notice of legal precedent will make the competition environment much less predictable. To the extent that these findings are true, one would expect competition agencies in Common law countries to perform better than those in Civil law countries.     

Import Variety and Welfare Gain in China

This paper provides the first comprehensive measure of how much China has gained from import variety from 1997 to 2008, by adopting a simplified trade restrictiveness index. Utilizing the most disaggregated product‐level import data available for China, the paper finds that the welfare gain as a result of new import variety amounts to 4.9% of gross domestic product (GDP), or 0.4% annually, after controlling for the prevalent imported intermediate inputs for processing. Furthermore, the empirical strategy is extended to investigate specific contributions of different countries, and finds that China gains the most from Japan, followed by Canada and Germany. Countries with abundant natural resources, such as Indonesia, Russia, Iran, and Australia, also contribute significantly to China's welfare.     

Entrepreneurial orientation,social capital,and the internationalization of SMES: Evidence from China

This article combines arguments from entrepreneurship literature and social capital theory to examine the antecedents to the internationalization of small and medium‐sized enterprises (SMEs) from China. Our quantitative study of 117 Chinese SMEs demonstrates the overall importance of entrepreneurial orientation and social capital of entrepreneurs in facilitating their internationalization efforts, and also reveals that different dimensions of entrepreneurial orientation and different types of social capital exert different levels of independent influence on Chinese SMEs' internationalization. Complementary data from multiple case studies explains the variation between our quantitative findings and the findings of previous research. By highlighting the value of the entrepreneurial attributes of Chinese SMEs and the social capital embedded in their networks in the pursuit of their internationalization, the article adds to the scant literature on the internationalization behavior of the rapidly emerging Chinese SMEs. © 2012 Wiley Periodicals, Inc.     

宏观经济与银行不良贷款量相关性的实证分析

不良贷款和信贷风险一直是影响着金融市场稳定发展和经济增长的核心问题,牵系着国家经济命脉。后金融危机时代,我国信贷高增长引致了银行不良资产大量积聚的潜在风险。本文试图从宏观经济视角出发,分析影响不良资产形成的诸多因素,研究商业银行不良贷款的现状,并预测在全球经济逐渐回暖的背景下可能出现的变化趋势。     

后危机时期世界经济格局的动态转换

始于2007年的金融危机,使全球经济遭到了历史罕见的巨大冲击。世界经济的各种力量对比开始发生此消彼长的变化,世界经济格局处于动态转换之中:世界经济结构加快调整,全球经济治理机制深刻变革,科技创新和产业转型孕育突破,发展中国家特别是新兴市场国家整体实力步入上升期,世界多极化深入发展。我国应科学认识世界经济格局变化特点,准确把握经济发展的战略机遇期,加快实施经济结构战略性调整,争取在未来的全球经济合作竞争中建立更大的比较优势。     

基于二次开发和GA优化的ZC型蜗杆传动设计

ZC型蜗杆机构有着承载力大,传动效率高的优点,但由于其复杂的齿面结构等使得参数确定和造型都变得困难。Matlab是强大的分析计算软件,其GA优化工具箱为参数优化设计提供了有力的帮助。而UG有着强大的二次开发功能,其GRIP语言有着简洁快速的特点。为此,笔者特利用matlab和UG综合设计圆弧圆柱蜗杆传动并给出实例。     

基于WEB的毕业设计指导系统的设计与实现

设计和实现一个基于WEB的毕业论文指导系统,使毕业论文指导教师能够高效地对学生进行指导,改变传统论文指导方式,提供快捷即时的在线答疑与交流,解决指导教师和学生的协作交互,提高工作效率,同时便于导师及时了解论文进度。     

对话雷军:“不要忘记出发时的梦想”

"让自己骄傲,让朋友和家里人骄傲,让整个民族骄傲,这就是我的理想。首先要做一件让自己开心的事,让家里和朋友们开心的事情,让社会也开心的事情,把这几个结合在一起就是很了不起的事情。"     

小城镇排水管网科学管理与效能提升

排水建设管理单位在重视建设排水管网的同时科学管理排水设施,提高其使用效能,对有效控制水体污染,提高小城镇综合功能和增强可持续发展能力都具有重要现实意义。     

政府隐性担保、市场化进程与信贷配置效率

本文基于默顿(Merton)期权定价公式,创新性地构建政府隐性担保指标,并以2007-2019年非金融上市公司为样本,深入剖析政府隐性担保对信贷配置效率的影响.研究发现,政府隐性担保提升了信贷数量配置效率以及信贷价格配置效率,前者在高盈利企业中更为明显,后者在高盈利、低成长以及国有企业中更加显著.进一步,从纾解企业"融资难"视角看,政府隐性担保掣肘了市场机制的作用;而从改善企业"融资贵"的角度看,在市场化程度较低的地区,政府隐性担保可以作为市场机制的补充.据此,在经济遭受负面冲击的时期以及市场化程度较低的地区,政府隐性担保能够弥补市场机制的不足;随着经济全面复苏以及各地区市场化进程的纵深推进,可逐步弱化政府隐性担保,以使市场在信贷配置中发挥主导作用.