The effects of travel time and cost savings on commuters’ decision to travel on public transport routes involving transfers

Urban cities are struggling with congested networks, noise and air pollution. Government agencies respond by investing in infrastructures to create integrated public transport systems. Transfers are a key element for the success of network integration. This study explores commuters’ perception of transfers by adopting Weber’s Law “Just Noticeable Difference”. Two trip attributes, travel time and cost, are investigated. Two stated-preference surveys are conducted at the University of Auckland, New Zealand. Results show that, on average, users’ desire at least a 33% reduction in their current travel time and at least a 16% reduction in their current travel cost given basic comfort amenities at the interchange. For an interchange with more comfort, on average, users’ desire at least a 25% reduction in their current travel time and at least a 10% reduction in their current travel cost. The findings are expected to be used as a guideline by planners when developing integrated public transport networks. Recommendations have been made to the Auckland Regional Public Transport Plan.     

J.M. Keynes's Theory of the State as a Path to his Social Economics of Reform in The General Theory

This article focuses on Adam Smith's attitude toward wages as the natural price of labor. It argues that his subsistence wage had similarities with the medieval Schoolmen's notion of the just wage as being established through markets. He further agreed with them that the market wage had to be sufficient to nurture community standards of virtue. His application of the concept differed from theirsn due to his recognition of the problems caused by social distance. In a commercial society, impersonal relations added difficulties to the attainment of a just wage and could diminish virtue. As a result, sympathy from employers and from public

officials was needed as part of the Smithian standard of wages.     

Productivity Measurement and the Relationship between Plant Performance and JIT Intensity*

The management accounting and operations management literatures argue that the adoption of advanced manufacturing practices, such as just‐in‐time (JIT), necessitates complementary changes in a firm's management accounting and control systems. This study uses a sample of JIT and non‐JIT plants operating in the Canadian automotive parts manufacturing industry to study the interaction among performance outcomes, intensity of JIT practices, and productivity measurement. This study provides evidence that productivity measurement mediates the relationship between performance outcomes and intensity of JIT practices. Specifically, both JIT and non‐JIT plants that use a broader range of productivity measures are more efficient and profitable than other plants. Also, plants that employ industry‐driven productivity measures are more profitable and efficient than plants that employ idiosyncratic productivity measures, especially if the former are more JIT‐intensive than the latter. Furthermore, plants that employ quality productivity measures are less efficient and less profitable than those that do not, especially if they use more intensive JIT practices. The latter result is consistent with JIT‐intensive plants overinvesting in quality. This study also finds that plants that invest more in buffer stock are less efficient and less profitable, especially if they use more intensive JIT practices. Despite the fact that plant profitability and efficiency are highly correlated, JIT‐intensive plants are more profitable but less efficient than plants that are not JIT‐intensive, after controlling for productivity measures, plant size, and buffer stock. This result suggests that despite wasting resources, JIT‐intensive plants are still able to generate relatively higher profits than plants that are not JIT‐intensive.     

浅析新会计准则体系的几大突出变革

2007年是中国企业会计政策变革之年,新会计准则体系是与我国社会主义市场经济相适应并与国际财务报告准则趋同。本文针对新会计准则体系中的六大突出变化,从提供会计信息的利弊、维护社会公众利益、规范会计行为等方面进行分析。     

Exploring the effect of land use on ecosystem services: The distributive issues

The current debate of ecosystem services has focused more on monetary valuation methods and payments for environmental services (PES) then on the classic economic analysis (i.e. assumptions regarding: sustainability, justice and efficiency). This paper examines, taking into consideration ecosystem services, income distribution from different land uses to stakeholders. We study the Portuguese common land ecosystem, which is characterized as having a wide range of ecosystem services. Allowing that all the benefits can be translated into economic value, we estimated the total economic value (TEV) associated with these territories on 5 different land use situations: forest, shrubland, water bodies, mountain agriculture and other uses, and analyzed the current institutional arrangements around these territories. We found that the distribution of the benefits of different land uses is relatively inequality. The results showed that the contemporary institutional arrangements of wealth distribution ensure a relatively fair distribution insider of system; however this institutional arrangement is unable to ensure equitable distribution of wealth by external stakeholders. We can conclude that different types of land use provide a very asymmetric distribution of income by different groups of humans: land owners; citizens of a country, and residents of Earth.     

论媒体监督与司法公正

本文通过论述媒体监督对司法公正的重要性及不足之处,并试图提出解决媒体监督和司法公正之间的冲突的方法。     

浅析"零库存管理"在造船企业的运用

本文从现代物流的观点出发，探讨了零库存策略在造船企业的运用，并指出运用零库存策略是提高造船效率和造船企业市场竞争力的一种有效途径。     

精益建造:一种先进的建造体系

首先介绍了精益生产的背景，然后在精益生产的理论基础上提出了精益建造的概念，并将精益建造与传统的建造方法进行比较，说明精益建造具有明显的优势。最后对精益建造在我国建造的实践运用提出了建议。     

HETEROSCEDASTICITY OR PRODUCTION RISK? A SYNTHETIC VIEW

Two veins of literature, namely, production risk literature and stochastic frontier analysis, are examined. Both fields are concerned of output variation; the former due to exogenous shocks, the latter due inefficiency. By covering the literature from both the fields, this review suggests that the concept of heteroscedasticity can be utilized to build a synthesis between these mainly separate branches of literature. However, the synthetic approach brings a challenge how to differentiate between different sources of output variation. This challenge is identified as the main obstacle to meaningfully combine the two approaches.