论农业保险带来的保险结构调整与创新

目前中央政府致力于经济反哺农业,建立农业支持保护体系,出台一系列建立社会主义新农村的政策措施,这为建立具有中国特色的农业保险模式带来了历史性机遇。农业保险具有政策性与制度性特征,从国际经验来看,农业保险大都采取了政策性扶持加市场化运作的模式。中国农业保险也需要建立制度性和政策性模式,但由于中国作为发展中国家的国情,完全财政包办模式是难以为继的。因此,建立以政策为主导、多主体、多元化的农业保险模式是中国农业保险必然的选择。在不违背其商业目标的同时,商业保险在农业保险模式建立过程中应充分发挥其作用和职能,同时也面临市场发展、结构调整和业务创新的三大历史性机遇。     

Foreign direct investment, intellectual property rights, and wage inequality in China

This article incorporates foreign direct investment (FDI) and product differentiation in a general equilibrium trade model. The analysis shows that freer trade and FDI will upgrade China's technology, improve its skills of labor, and increase the competitiveness of local firms in the international market. At the same time, the relative wage of skilled labor to unskilled labor will rise. The size of this rise will be affected by the degree of protection for intellectual property rights. These theoretical results are consistent with empirical evidence. The analysis provides insights in coordinating policies on FDI, labor market reform, and intellectual property rights protection.     

Product Location with Foresight

Traditional location literatureconcludes that firms will optimally differentiate inorder to alleviate a tendency toward competitivepricing. However, it has recently been shown thatfirms will minimally differentiate if they (correctly)anticipate an absence of price competition. Thispaper examines the relationship between productlocation and the sustainability of cooperativepricing, in horizontally and vertically differentiatedmarkets. Further, it describes equilibrium locationswhen firms are able to choose their locations jointlyand when they must choose independently.     

Combining value and price to make purchase decisions in business markets

The authors investigate how purchasing managers combine information about product offerings' values and prices to make purchase decisions. The results of two field studies show that managers do not regard monetarily-equivalent changes in value and price to be the same. Using reference-dependent theory, the authors show that, rather than a single utility function, separate functions for value and price appear to underlie purchasing managers' decisions. The authors also address means of inducing managers to choose higher-valued, higher-priced product offerings.     

A conceptual framework for product lifecycle modelling

Product lifecycle modelling is to define and represent product lifecycle data and to maintain data interdependencies. To build a complete, reusable and highly consistent product lifecycle information model, the product lifecycle is divided into five stages: requirement analysis, conceptual design, engineering design, manufacturing, and service and support. Accordingly, five stage product models (requirement analysis model, conceptual design model, engineering design model, manufacturing model, and service and support model) are discussed. To integrate all information of a product lifecycle and support networked manufacturing mode, the key elements of product lifecycle modelling are discussed and a framework of product lifecycle modelling is proposed. Further, the relationship and evolvement of product models at different stages are described. Finally, a Web-based integration framework is proposed to support interoperability of distributed product data sources.     

商业信用与合作型客户关系的构建——基于提供给大客户应收账款的经验证据

利用我国上市公司前5名应收账款欠款人信息以及前5名大客户信息的披露数据,本文较为直接地考察了企业是否以及如何利用应收账款的产品质量担保功能与大客户构建合作型客户关系。研究结果表明,客户集中度越高,企业提供给大客户的信用政策越宽松,即应收账款金额越多,信用期限越长;进一步研究发现,在与主要客户地理位置相似度较低的企业、处于竞争性行业的企业以及营商环境较好的地区,上述两者之间的正相关关系有所增强。最后,本文发现,在与大客户构建合作型客户关系时,企业向这些大客户提供的应收账款越多,企业的业绩越好。     

Trade credit and supplier competition

This paper examines how competition among suppliers affects their willingness to provide trade credit financing. Trade credit extended by a supplier to a cash constrained retailer allows the latter to increase cash purchases from its other suppliers, leading to a free rider problem. A supplier that represents a smaller share of the retailer’s purchases internalizes a smaller part of the benefit from increased spending by the retailer and, as a result, extends less trade credit relative to its sales. In consequence, retailers with dispersed suppliers obtain less trade credit than those whose suppliers are more concentrated. The free rider problem is especially detrimental to a trade creditor when the free-riding suppliers are its product market competitors, leading to a negative relation between product substitutability among suppliers to a given retailer and trade credit that the former provide to the latter. We test the model using both simulated and real data. The estimated relations are consistent with the model’s predictions and are statistically and economically significant.     

审计师行业专长、产品市场竞争与财务重述——来自中国证券市场的经验证据

以2007~2012年我国 A 股上市公司为样本,对审计师行业专长与财务重述的关系,以及产品市场竞争程度对两者关系的影响进行实证研究。结果表明：审计师行业专长有助于降低财务重述发生的概率;产品市场竞争则削弱了审计师行业专长对财务重述行为的抑制作用。     

商业银行理财产品绩效评价研究

本文针对理财产品市场的复杂现状,建立商业银行理财产品的评价指标体系,以23家国内商业银行发行的人民币银行理财产品为样本,从风险和收益两个维度对理财产品进行综合绩效评价,并在此基础上为理财产品市场进一步的发展提出了相关的建议。