Cross-border relationships and performance: Revisiting a complex linkage

Existing export performance models do not explicitly address the role of the importer in achieving economic success. This research explores importer role performance as a mediator between relationship quality and export performance, and uncovers the darker side of cross-border relationships by showing that relationship quality has concomitant opposite effects on export performance. The findings augment the relational paradigm to export performance by the demonstrating the vital importance of the importer role and by discriminating and explaining the positive and negative influences of interfirm relationship quality. The study uses structural equations modeling with data from two random samples of French and Slovene exporters to test hypotheses.     

法律判决经济价值效应的金融学分析

法律判决不仅体现了法律对当事人在事件中关系的判断与处置,也会由此产生对当事人乃至全社会的经济价值效应。对于前者,判决体现的是法律的判断;对于后者,传统理论普遍认为是一个零和游戏。然而,从金融学的资产定价理论出发,却发现法律判决的社会经济价值效应并非零和,而且这些价值不仅影响了社会经济活动的行为判断,还对某些资产定价的传统理论提出了挑战。     

Configuring a corporate venturing portfolio to create growth value: Within-portfolio diversity and strategic linkage

This study attempted an empirical investigation of whether and how a corporate investor can enhance future growth opportunities through corporate venturing investments (CVIs). Different from previous studies, we assessed the firm-level performance impact of a CVI portfolio with a focus on two configuration features: within-portfolio diversity and strategic linkage. Based on a longitudinal dataset of CVIs made by Taiwanese technology-based companies, we found that increasing CVI portfolio diversity and maintaining strategic linkages, particularly vertical ones, between the portfolio companies and the investing firm's core business will add value to the investing firm's future growth. Implications for CVI strategy and opportunities for future research are also discussed.     

基于噪声甄别模型的我国FDI福利效应的差异性分析——来自1997-2009年的数据证据

运用含有噪声的甄别博弈模型,分析得出东道国在引资过程中需要结合自身情况和其他引资国的政策制定符合本国福利增进的引资分割点,且东道国引资优惠额度越大反而越有可能损害本国福利。在此基础上结合我国1997-2009年引进FDI数据进行实证分析得出:(1)整体FDI对我国福利效应的增加带来了积极作用,但FDI对收入福利指数的贡献较小,对生产福利指数贡献较大;(2)自2005年开始,制造行业FDI对我国福利增加的贡献率趋于减小且有恶化趋势;而处于农、林、牧、渔业和信息传输、计算机服务和软件行业的FDI对我国福利的贡献率却逐渐增加;(3)处于后危机时代的FDI在引资政策上更应该重视产业导向以提升FDI的正向福利效应。     

家电下乡经济效应及其影响因素的区域比较

通过收集2009年我国31个省市有关GDP和家电下乡销售额的面板数据,对家电下乡政策在全国、东部、中部、西部地区的经济效应大小及其影响因素做了实证分析,并对实证结果做了原因分析.最后,针对不同地区的家电下乡经济效应及其影响因素,提出了有效提高家电下乡经济效应的政策建议.     

加入 WTO十年来中国对外反倾销实践分析

自2001年加入WTO十年来,中国成为了目前世界上对外实施反倾销最多的国家之一,本文将对十年来我国对外反倾销的实践做出总结分析。我国的反倾销实践在调查时间、调查的结果、反倾销税率、反倾销的国别与产品方面,与世界其他国家相比既有共通之处,也有自己的特点。而在政策效果方面,我国的反倾销措施对于国内产业的救济和涉案产品的进口限制收效显著;同时,反倾销带来的进口转移、直接投资规避现象等也比较明显。     

基于智力资本的战略联盟企业价值创造

文章的研究对象是智力资本与战略联盟企业价值创造的关系,属于企业组织层面的研究。在阐明智力资本与战略联盟企业价值创造关系的理论基础上,通过31家参与战略联盟的上市公司的智力资本与其企业价值的回归分析,发现智力资本显著影响战略联盟企业价值创造。通过本文的研究,认为战略联盟企业应该提高智力资本,从而在战略联盟活动中获取更大的收益。     

Using choice experiments to value catchment and estuary health in Tasmania with individual preference heterogeneity*

Choice experiments (CE) have become widespread as an approach to environmental valuation in both Australia and overseas. However, there are few valuation studies that have addressed natural resource management (NRM) changes in Tasmania. Furthermore, few studies have focussed on the estimation of estuary values. The CE study described in this paper aims to analyse community preferences for NRM options in the George catchment, Tasmania. Catchment health attributes were: the length of native riverside vegetation; the number of rare native animal and plant species in the George catchment; and area of healthy seagrass beds in the Georges Bay, which was used as a measure of estuary condition. Mixed logit models with interactions between socio‐economic variables and the choice attributes were estimated to account for systematic and random taste heterogeneity across respondents. Results reveal considerable variation in preferences towards the attributes and show that value estimates are significantly impacted by the way in which we account for preference heterogeneity. Preference heterogeneity thus needs to be considered when estimating community willingness‐to‐pay for environmental changes. This study further shows little responsiveness to the presented changes in estuary seagrass area.     

Interlocked Village Markets and Trader Idiosyncrasy in Rural India

The role of traders and traditional exchange institutions has received little attention in empirical research on rural markets in developing countries. We use detailed data on transactions in a village commodity market in India and identify two observed anomalies: first, the repeal of the law of one price, and second, a trader‐idiosyncratic effect, namely that large volumes are sold to a trader who does not offer the best price. Econometric analysis demonstrates that trader idiosyncrasy can largely be explained by reciprocity motives in interlocked village markets. Reciprocity leads to market inefficiencies and can result in unexpected supply responses.