中韩新能源产业合作的经济效应实证研究

本文主要探讨中韩新能源领域的合作,尤其是对两国新能源领域中合作的经济效应进行评估。为了评价合作的经济效应,本文建立新能源合作的相对收益指数,并利用向量自回归模型(VAR)探寻能源合作指数(ECI)和贸易、GDP之间的关系,从而论证中韩新能源产业合作的重要性。     

Organizational Change in Difficult Times: A Case Study on the Top Management Team of Founder Group from 1999 to 2008

This paper examines organizational changes in Founder Group during 1999–2008, one of the leading computer manufacturers in China. It aims to reveal the basic logic behind the top management team’s behaviors for organizational change in firms facing difficulties. Results show that building a strong management team is a prerequisite for successful organizational changes. Furthermore, there is evidence indicating that top managers should make strategic adjustment, and seek solution to cash-flow-related problems to achieve successful organizational transition.     

基于索洛余值法的装备制造业原始创新能力对经济增长的贡献率测度

通过引入索洛余值法并建立我国装备制造业生产函数模型,对1999-2009年我国装备制造业的科技进步贡献率进行测度和分析。结果表明:科技进步因素在装备制造业经济增长中日显重要,我国装备制造业单纯依赖于资本并不能取得长足发展,只有不断提高创新能力、尤其是原始创新能力,才能实现可持续发展。     

Demand-following or supply-leading? Trade openness and financial development in China

This study explores the causal relationship between financial development and trade openness in China, using the research methodology namely bootstrap Granger full-sample causality test and sub-sample rolling-window estimation. The results reveal that there is a significant bidirectional relationship between financial development and trade openness in China, pointing out the existence of both ‘demand-following’ and ‘supply-leading’ hypotheses. Furthermore, their relationship fits well the fact that China has experienced economic restructuring and structural changes in the past few decades. As financial development improves trade openness robustly, the Chinese policymakers should further increase financial reform to promote trade development.     

Integrating consumers’ motives with suppliers’ solutions to combat Shanzhai: A phenomenon beyond counterfeit

Imitation goods are widely spread throughout the global business world. Shanzhai imitation (

) represents a type of imitation that mimics the original brand through surface or functional similarities but often provides enhanced or innovative features adapted to local market needs. Although both practitioners and academics have studied and provided solutions to combat counterfeits, solutions for original brand manufacturers to address threats from Shanzhai products are lacking. In this article, we first differentiate Shanzhai products from counterfeits. Using a mixed-method approach that combines interviews and laboratory experiment results, we then identify social, individual, functional, and financial (SIFF) factors as driving forces behind consumers’ purchasing of Shanzhai products. Shanzhai buyers place more weight on functional value and price/quality ratio than do counterfeit buyers, who in turn favor social value and materialism more than Shanzhai buyers. Finally, we provide several recommendations to original manufacturers from both the demand and supply sides.     

单频网多播系统中的开环半动态功率分配算法

在单频网多播传输中,传统的全反馈动态功率分配数算法需要根据每个时隙反馈的用户瞬时信道信息进行实时的调整,所以造成了资源分配频率快、上行反馈开销大的缺点。为了克服这个缺点,提出了一个低复杂度、没有用户反馈的单频网多播开环半动态功率分配算法。首先在各小区等功率分配的假设下,根据单频网的形状信息算出各小区等价信道增益,然后再根据这个增益值,实现满足速率需求情况下的各小区功率分配。仿真结果显示,与全反馈的动态功率分配算法相比,该算法以一小部分性能损失为代价,大大减少了单频网的上行反馈和资源分配的开销,因此更适用于实际的单频网多播系统。     

Coordinating China's economic growth strategy via its government-controlled association for private firms

Scholars in economics and political science argue that one major function of government is to overcome coordination failure in economic development, especially during times of rapid environmental changes. But, how and through what means does the state coordinate firms to follow the changing directions of its economic objectives? This paper focuses on the case of a government-controlled business association, namely the All-China Federation of Industry and Commerce (ACFIC), and shows that the ACFIC may be serving, at least partially, as a means of avoiding the kind of coordination failures that are often associated with policy reform programs in authoritarian regimes like China when the government deems it necessary to radically and suddenly change its policy objectives. It does so by comparing the activities of firms that are members of ACFIC with non-members before and after the world financial crisis of 2008–09 which induced a significant change in government objectives. Before that crisis when priority in government objectives was “outward” (to stave off balance of payments crises that had befallen many other developing countries), ACFIC member firms were able to engage in exports and foreign investment to a greater extent than non-member firms, and even than those whose owners are members of the Congresses or Chinese Communist Party. After viewing the crises in international markets, and government objectives had turned more “inward”, ACFIC members were more likely to focus on domestic sales and investments.     

Gender difference in the impact of retirement on cognitive abilities: Evidence from urban China

This paper examines the impact of retirement on cognitive functioning by gender in urban China and investigates the underlying mechanisms. Based on data from the China Health and Retirement Longitudinal Study, the paper uses the mandatory retirement ages and different policy enforcement between the public and private sectors as instruments for retirement status. The analysis finds substantial gender heterogeneity in the effect of retirement on cognition, with a positive and significant effect for males, but a negative and less significant effect for females. The beneficial effects on cognition are stronger for male blue-collar workers, who are likely to pursue a more active lifestyle at retirement. Further investigation shows that the results are partly driven by differential behavioral changes at retirement, and the gender difference in retirement ages may also play a potential role.     

高阶梯队理论视角下控制权对不同背景领导者与研发投入间关系的调节机制

从高阶理论和委托-代理理论出发,利用2007—2015年中国沪深两市上市公司公开披露的数据,考察了实际控制人的控制权、具有不同专业背景的领导者与研发投入的关系,厘清了控制权对具有不同专业背景的领导者对研发投入影响的作用机制。实证结果表明,控制权是具有不同专业背景的领导者与研发投入之间的调节变量。具体而言:具有技术背景的领导者对研发投入的影响随着实际控制人控制权的增大而减小;具有社科背景的领导者对研发投入的影响随着实际控制人控制权的增大而增大。