On the existence of a regulated production function

This paper examines the generalization of the regulated production function. It characterizes the set of admissible regulatory constraints that are compatible with the existence of a regulated production function in a sufficiently weak framework to encompass the usual rate-of-return constraints à la Averch and Johnson and value constraints.     

小城镇土地创新制度研究

土地利用在小城镇的发展中，有着非常重要的作用。文章首先对我国小城镇建设中的存在土地问题进行了分析，进而分析了小城镇发展与土地利用的关系，提出了土地制度创新的基本思路及小城镇用地的具体制度——用地置换制度与农村耕地使用权永租制，并认为强化土地管理仍然是十分重要的。     

The housing question in Japan

This article first examines how bad housing conditions are in Japan based on international comparisons. The next question is whether the extremely high land prices in Japan can be explained by economic logic. We then turn to more specific housing policy questions that are peculiar to or important in Japan, such as the tax advantages of owning land that have caused under-utilization of land and the reasons why the average size of Japanese rental housing is so small.     

我国农村土地制度改革中的公平与效率问题探析

当前农地制度改革面临错综复杂的问题,土地产权不清,使用权缺乏保障,农民对土地的均田与稳定要求的矛盾等,其中都体现了公平和效率的问题。所以要明确界定土地产权,给予农民平等的、稳定的、长期的土地使用权,区别对待土地承包期内使用权的继承问题,才能促进土地生产效率的进一步提高和土地使用权的合理流转,有效地处理好公平与效率的关系。     

南通市资源节约型产业体系的构建与发展对策

我国资源支撑粗放型经济增长已经难以承受,建立节约型社会迫在眉睫。如何构建资源节约型的产业体系是建设节约型社会的重要内容。文章设计了资源节约型产业体系的分析框架,是一个具备资源利用现状分析层→资源利用效率分析层→应用层的三层分析流程。从重点行业和典型企业两个角度对南通市分别采用聚类分析和问卷调查的方法分析其产业的资源利用状况和效率,发现其产业结构陈旧、加工层次低,仍以高耗能、高污染排放的行业为主,但其资源减量和提高效益的空间较大。最后提出根据资源利用效率和污染排放确定的产业调整重点,把握调整力度,加快资源节约技术的推广和应用,建立资源型战略联盟。     

英国金融市场基础设施监管状况及未来发展

文章剖析了英国金融市场基础设施（主要包括支付系统、中央对手方和证券结算系统）的监管框架,总结了监管工作在信用风险和流动性风险、恢复与处置和操作风险管理等方面取得的主要进展,阐述了其在国内、国际监管合作方面的监管权力运用,梳理了下一步的发展方向和酝酿的主要变革。     

建设用地扩张对经济持续增长能力影响

首先从索罗增长模型出发分析表示经济持续增长能力的关键指标,其次通过1998—2008年中国省际面板数据回归分析建设用地规模对相关关键指标影响,以推出建设用地扩张对经济持续增长能力影响。结果表明:①索罗增长模型中单位资本产出水平是考量经济持续增长能力的重要指标,其决定经济增长率与增长空间;②面板计量结果中1998—2008年间中国建设用地数量对单位资本产出水平有显著负影响,说明期间建设用地扩张减小经济增长率与增长空间。研究认为,在经济转型期中国应严控建设用地扩张,以减小经济增长对土地资源依赖程度,进而促进技术进步,倒逼经济增长方式转变。     

工程造价管理的发展及应对的措施

工程造价管理是以科学的工程造价运动为客观依据的。我国加入WTO之后,面对工程造价管理的现实情况,如国际化,网络化,信息化的问题,必须加强在管理法制化和科学化的研究,在实践中找出适合我国国情的有创造性的工程造价管理措施,应对世界性和谐发展的到来。     

Earnings and capital management and signaling: the use of loan-loss provisions by European banks

This paper investigates the relationship between loan-loss provisions (LLPs) and earnings management in the context of the capital adequacy of Euro Area (EA) banks versus non-EA credit institutions. This paper also examines whether LLPs signal managements’ expectations concerning future bank profits to investors. Additionally, this paper traces the role of bank regulations and creditor protection systems in explaining income smoothing. Evidence drawn from the 1996 to 2006 period indicates that LLPs do reflect changes in the expected quality of a bank's loan portfolio for both groups of banks, and that earnings management is an important determinant of LLPs for EA intermediaries, whereas non-EA credit institutions use LLPs to signal private information to outsiders. The paper also finds that higher protection of creditors’ rights significantly reduces the incentives to smooth earnings for EA banks. During the recent financial crisis, EA bank managers are much more concerned with their credit portfolio quality and do not use LLPs for discretionary purposes, whereas LLPs at non-EA banks are used to smooth income more than for the purposes of managing capital ratios or conveying private information about future performance to the market.     

A model of local labor market regulation of China in the transition period

With the establishment of labor market of China, market is playing a more and mare important role in allocation of human resources. However, with the transition of economy in China and industrial upgrading in recent years, many labor problems have occurred which do harm to the sustainable development of local economy. The paper researches on the labor market issues of China from the perspective of local labor market regulation. Firstly, it reviews the theories of local labor market regulation. And then the main components of local labor market regulation of China are identified and the evaluation index system is established. The results of analysis of the calculated output show that （1） the local labor market regulation of China has an obvious character of gradient distribution geographically and decreases gradually from east to west; （2） of all the regulations, the regulation of the development of human capital has the most significant impact on local economy currently which is followed by the regulation of labor relation and the regulation of market participation. As to the regulation of social security, it has no Significant impact on the development of local economy.