外资企业进入内销市场的障碍与对策研究——以东莞市为例

外资企业进入内销市场是中国加入WTO后中国经济政策走向的一个重要内容,但从东莞调查的情况看,外资企业的内销还处于起步阶段,其原因就在于目前内销市场还存在外部进入障碍和内部市场障碍。为此,政府应转变外销优于内销的政策倾斜;改变把国内外两个市场截然分开的政策与管理模式,统一准入标准;发挥保税区和保税物流区整合物流、强化内销的作用;加强内销市场的监管,加大知识产权保护和规范企业行为。     

The Effects of Central Banks’ Rate Change Patterns on Financial Market Variables

This study examines whether different patterns of change to the benchmark interest rates of central banks are associated with their contributions to variances in the forecast errors of three financial market variables: the long-term interest rate, the foreign exchange rate, and the stock market index. On average, the central bank’s interest rate accounts for approximately 20% of the variance in each variable. We find that the total range of changes is more important than the frequency of changes. The panel regression shows that the range and frequency of policy rate changes is positively associated with the volatility of long-term interest rates but no association with the volatility of stock prices and exchange rates. These results suggest that small and frequent adjustments of policy rates are desirable for reducing the volatility of interest rates. The panel VAR represents interest rate channel is a more important than exchange rate and stock price channel.     

A New Approach to Measuring a Multidimensional Productivity Index: An Application for 60 Selected Countries

This study aims to develop a productivity index which takes into account the multidimensional characteristics of productivities. Our multidimensional productivity index (MPI) not only measures individual productivities of economic resources but also evaluate productivity enhancing general capacities of economy. Individual productivity indices such as labor productivity are limited because they do not consider the factors, such as the globalization of economies and the market and institutional variables, that could have profound impacts on productivity. The multidimensional Productivity Index (MPI) is measured for 60 countries including 23 OECD countries and 10 Asian countries. Our methodology employs the concept of technical efficiency that allows us to measure the extent to which institutional and market factors contribute to the economic performance. Our findings indicate that standard productivity measures such as labor productivity may overestimate the overall productivity differences across the economies.     

Rise of the gold market in China: liberalisation and market development

The Chinese gold market is rapidly rising to global prominence in the recent decades. The paper reviews the history of the gold market in China and its liberalisation process amid the country’s opening to the outside world. Details of the current market structure and its main business are presented. Global impacts of the rise of the Chinese gold market are discussed.     

Situating the Asian Infrastructure Investment Bank in the context of global economic governance

The creation of the Asian Infrastructure Investment Bank (AIIB)was welcomed by the World Bank but opposed by the Obamaadministration. The paper explains China’s positive relationshipwith the Bank and the Organization for Economic Cooperation andDevelopment (OECD) in terms of the mission of the Bank, sharedby the OECD, to develop and deepen the global economy. The AIIBand the related Belt and Road initiative promise to do this throughinvestment in infrastructure and connectivity in and around thepoorly integrated Eurasian landmass. But while the current Chineseleadership has supported an inclusive global economy based uponfree trade and supported by multilateral institutions, China’s controlof resources outside the multilateral framework and adherence topractices that challenge liberal principles prompt suspicions thatthese commitments are either disingenuous or anyway subjectto reversal. In itself, therefore, the AIIB provides no conclusiveevidence either way on China’s future course.     

我国轴承产品出口市场及其发展战略研究

我国轴承产品出口快速增加,出口市场和占有率日益扩大,但与世界轴承工业强国相比,仍存在较大差距。文章根据我国轴承产品出口的相关统计数据,分析了出口市场的现状和特点,提出了扩大我国轴承产品出口市场的发展战略。     

基于国际化战略的中国制造业海外目标市场选择

国际化战略是中国制造业发展的里程碑,然而,实施国际化战略的关键步骤是海外目标市场的选择问题。文章从国际化行为模式决策、目标市场选择的依据等方面展开分析,旨在为即将实施国际化战略的中国制造业提供理论参考。     

大型超市顾客满意度测评指标体系的构建与应用——以成都欧尚超市为例

近几年,随着沃尔玛、家乐福、麦德龙等零售业巨头陆续登陆我国,中外大型超市之间的竞争日趋激烈。文章在借鉴国内外学者关于顾客满意度研究理论的基础上,结合我国大型超市行业对满意度研究的实际,以对成都欧尚超市的调查情况为依据,构建了大型超市顾客满意度评价指标体系框架,并通过实证分析找出影响大型超市顾客满意度的关键性因素,提出了大型超市提升顾客满意度的对策建议。     

我国股票市场运行中的政府行为研究

金融证券理论认为投资者行为受市场机制约束,政府的作用在于防止投资者脱离投资理性。但我国股票市场是在政府主导下运行的,政府行为不仅导致市场的波动,而且还可以改变市场运行的方向。政府主导市场的结果是扭曲了投资者行为,加大了市场"泡沫",并为利益集团寻租创造了条件。     

重构我国公路产品生产环节的市场结构

文章首先描述了我国公路产品生产环节市场的现状,并指出其具有行政垄断性市场结构的特征;进而运用福利经济学对公路产品生产环节的行政垄断性市场结构进行了深入的经济效率分析,并指出其中存在的巨大福利损失;最后运用有效竞争理论提出了重构我国公路产品生产环节市场结构的若干构想。