Differential rent in the 1760s: two neglected French contributions

Possibly the earliest contribution to the theory of differential rent is contained in C.-F.-J. d'Auxiron's Principes de tout gouvernement (1766). Two years later, in 1768, another discussion of the phenomenon of extensive differential rent appeared in the physiocratic periodical Ephémérides du citoyen, probably written by J.-N.-M. de Saint-Peravy. This article, while remaining a short and isolated contribution, indicates how differential payments for the use of land can be incorporated within a value theory in which normal prices reflect necessary costs of production and how differential rent can be reconciled with the explanation of rent as a return on capital.     

租金外溢还是知识外溢?——一个文献综述

构建权重矩阵来衡量研发外溢是最常用的衡量间接研发资本的方式,常用的是基于贸易额、专利信息和投入产出信息等来构建权重矩阵,但其中存在较多争议的是基于专利信息所构建的权重矩阵。通过对有关文献进行梳理,以及其所对应的衡量方式进行综述,发现以往对研发外溢的衡量主要侧重于宏观层面,如国家或行业层面,但对企业研发外溢的衡量较少,因此,对企业研发外溢的衡量是后续研究的主要侧重面。     

Does Aid Unpredictability Weaken Governance? Evidence from Developing Countries

This paper examines the effects of aid on governance from a different perspective by asserting that aid unpredictability can potentially increase corruption in recipient countries by providing incentives to risk‐averse and corrupt political leaders to engage in rent‐seeking activities. Analyses of data from 80 developing countries over the period 1984–2004 offer evidence that higher aid unpredictability is associated with more corruption as measured by a synthetic index. We also find further evidence that this latter impact is more severe in countries with weak initial institutional conditions. These findings are a supplementary advocacy for the need for better management and better predictability of aid flow in developing countries.     

高价吸存“倒逼”机制下小微企业融资困局再析

2011年6月中旬,"中小企业划型标准规定"新政出台,首增微型企业划型标准,旨在改善小微企业的融资环境。但依然高位的准备金率、"倒逼"机制和"额度"寻租等现象的存在,小微企业融资难、贵的状况还没有根本缓解。本文从准备金率、存贷比、75%监管红线等角度入手;借助图表、数字推演、逻辑推理和例证等方法展开论述。创新之处在于透过银行吸存表象,运用"倒逼"原理,深度分析高价吸存成本转嫁小微企业的动因、手段和方法,剖析小微企业融资难、贵的本质。     

基于West模型的房地产泡沫的实证研究--以北京、上海、深圳为例

本文简要回顾了关于房地产泡沫的研究框架,在West模型的基础上,运用房地产合理价格是租金资本化的原理,对北京、上海和深圳的房地产市场是否存在泡沫作了实证检验.结果表明:北京住宅市场、上海住宅市场以及深圳写字楼市场在样本期内的检验结果拒绝原假设,即市场存在着泡沫现象;北京写字楼市场、上海写字楼市场和深圳住宅市场检验结果为接受原假设,即不能判断市场存在泡沫现象.本文提出了一些政策建议.     

The value of rents and the likelihood of conflicts

This paper extends the prey–predator model of Grossman and Kim (J Political Econ 103:1275–1288, 1995) to analyze the relation between the value of a contested rent and the emergence of conflict. We show that an increase in the value of the rent makes a conflict equilibrium more likely. We also analyze the case where the valuation of the rent is different for the two players. We find, for example, that a conflict equilibrium may occur even though the predator has an important disadvantage in warfare. That is when his valuation of the rent is sufficiently high compared to that of the prey.

Rent control with rationing by search costs: A note

This note derives the long-run implications of rent controls when rent-controlled apartments are implicitly rationed to tenants who are more efficient in searching for apartments in the controlled sector. Rent controls are shown to involve transfers that essentially are from some to other tenants, as well as dead-weight losses due to higher search costs that are borne by tenants. Key to this analysis is the condition that, at the margin, rent plus the higher cost of search for a rent-controlled apartment must equal rent in the noncontrolled sector.     

利润操纵、股权再融资与资本配置效率研究

本文研究了资本市场参与者的行为与利润操纵之间的关系,并分析了对资本配置效率的影响效应。大股东通过操纵报告盈余来改变会计盈余的时间分布和误导投资者,从而攫取更多的隐性收益,造成资本市场配置效率的降低。研究结果表明:(1)大股东通过利润操纵在股权再融资过程中可以获得中小股东无法得到的隐性收益;(2)大股东的收益随着利润操纵程度的增加而提升,中小股东的财富随着利润操纵程度的增加而降低;(3)利润操纵程度的增加将降低上市公司的资本配置效率和企业价值。     

现代租赁业务的租金计算模型

本文用Excel表格处理软件制作融资租赁业务的租金计算模型。融资租赁业务的租金计算方法多样,计算过程复杂。通过利用Excel提供的VBA语言编写简单的程序代码,将租金计算过程嵌入其中,从而建立计算模型。该模型简单直观,灵活快速。使用时只需输入少量基本数据,点击相应按钮,就立即得到准确的结果。模型适应性强,适用范围广,除了能处理租金计算问题外,还可运用于分期付款销售业务如房地产、汽车等大额商品销售业务。     

Towards a ‘Post‐Neoliberal’ Mode of Housing Regulation? The Israeli Social Protest of Summer 2011

In the summer of 2011, after decades of virtually uncontested neoliberalization, Israel was swept by unprecedented protests against the rising cost of living, social inequality and, most particularly, escalating housing prices. Within two weeks, a small protest camp established on Rothschild Boulevard in Tel Aviv had grown into a mass movement involving hundreds of thousands of people across the country. Given an ambivalent sense of the significance of urban movements in bringing about social change, the aim of this article is to analyze whether the Israeli social protest was able to push forward a post‐neoliberal mode of housing regulation. Building on a framework developed by Brenner, Peck and Theodore to grasp transformations in the landscape of regulatory restructuring, this article argues that the movement has indeed achieved a far‐reaching hegemonic shift in public discourse and also become an important driver in promoting regulatory experiments. Despite its achievements, however, the movement was unable to challenge the Israeli ‘rule regime' of neoliberalization, on account of two structural constraints that were shielded by the most powerful state apparatuses: the commodity character of housing; and a neoliberalized land regime, where state‐owned land is treated as a profit machine for public finance.