世界石油市场结构:演进、动因及影响——产油国油气政策调整对广义石油产业链价值分布的影响

本文从回顾世界石油市场结构演进历程入手,对产油国油气政策调整这一重要现象进行了分析。产油国油气政策的调整不仅直接改变了石油公司在资源环节的买方地位和所处的买方结构,同时也间接影响到其在油气生产阶段作为卖方所承担的成本以及原油市场的卖方结构。这样,通过对原油和成品油市场价格的连锁影响,在成品油价格变动特殊规律的约束下,油气资源政策的调整通过对石油市场结构产生影响,改变了石油广义产业链中资源环节和传统产业链环节的价值分布。     

政策对舟山市产业结构的影响

政策对产业结构有着极为重要的影响,本文以舟山市产业结构调整为例,说明产业政策对一个地区的主导产业和产业结构有着重要的影响。     

理实一体化在汽车维修教学中的应用

理实一体化教学已广泛应用于职业学校,这种教学方法易被学生接受,改变了传统的汽车维修教学模式,将理论与实习融于一体进行组合教学,形象、直观,便于学生理解和掌握,能明显提高学生的学习积极性。理实一体化在汽车维修教学中占有独特的优势,应积极将该理论应用于汽车维修专业课教学。     

基于经济发展的资源型地区金融结构优化策略

资源的开发利用在现代工业化城市化进程中颇受重视,它不仅带动了资源型地区经济发展,也为经济繁荣做了贡献。资源型经济对矿产资源和能源消耗日益增加,资源过渡消耗与经济发展之间的矛盾越来越突出。要想解决这个矛盾,只有促进金融发展,既能使资金流向技术含量高的产业,又能为经济提供足够的发展资金。本文阐述了资源型地区如何有效利用资源及如何制定有效的金融结构策略才会使地区经济有效发展。     

资产结构与企业经营绩效的最优化配置研究——以中国纺织机械股份有限公司为例

本文认为,较之资本结构,资产结构的研究更具实际应用价值和普适意义,它们才是创造公司价值和抵御各项风险的源泉。基于此,本文试图从逻辑和实证两个角度评价资产结构与企业绩效之间的关系,并希望通过评价实证结论的相关性程度,来求得各变量之间的函数方程式。在此基础上,本文再分别进行各变量的曲线拟合,试图通过在建立拟合方程模型的基础上,求出其最优资产配置值。     

我国经济结构动态变动后的下一步

经济的非平衡增长近年来在宏观经济的研究中广受关注。利用1952～2009年的样本数据,分析检验发现,我国经济具有非平衡增长的基本特征,这导致了我国经济结构的升级演进路径呈现出结构转变性质;在所选择的样本期内,农业对经济增长的拉动作用呈现出倒U型曲线的特征,而服务业对经济的贡献则表现出逐步增加的势头。另外,经验分析的结果表明,我国经济可能正经历长期的结构调整。因此,采取合适的措施使我国经济持续长久增长至关重要。     

产业结构调整的汇率驱动路径:价格穿越模型的解释

汇率作为宏观经济调节变量,在受到其它经济条件或经济因素影响的同时,其变动对国民经济也有着广泛而复杂的作用。通过对中国汇率制度历史演进的分析,可以发现人民币汇率的变动始终与中国产业结构的调整息息相关。文章以价格这一中间变量作为动力因素,建立价格穿越模型,分析汇率变动引起产业结构调整的传导路径与作用机理。     

Fundamental disagreement

We document a novel set of facts about disagreement among professional forecasters: (1) forecasters disagree at all horizons, including the long run; (2) the term structure of disagreement is downward sloping for real output growth, relatively flat for inflation, and upward sloping for the federal funds rate; (3) disagreement is time varying at all horizons. We propose a generalized model of imperfect information that can jointly explain these facts. We further use the term structure of disagreement to show that the monetary policy rule perceived by professional forecasters features a high degree of interest-rate smoothing and time variation in the intercept.     

The interplay between home and host institutions on CBA ownership decision

Cross-border acquisitions (CBAs) are one of the key strategies for internationalization. However, most of what is known about CBA strategies relies on the effects of the host country's environment or the home country's conditions. In this article, we analyze the interplay between these two important factors. We show that companies from less institutionally developed countries are more influenced by poor institutional conditions found in host countries. We analyzed a dataset of 1,390 cross-border acquisitions performed by Latin American firms. The literature on the subject points out that less developed host environments lead to fewer shares of ownership acquired in CBAs. However, we confirmed that the quality of the home country's institutional environment positively moderates the effects of the host environment over ownership choice in the acquisition. This effect is due to companies from less developed environments being able to use their embedded capabilities to better navigate faulty institutional environments abroad.