产业碳排放与经济增长脱钩弹性分析——以金属矿采选业为例

产业低碳化是发展低碳经济的重要组成部分。本文以金属矿采选业为例来研究产业低碳化的实现路径。首先在Tapio脱钩指标基础上构建LYQ分析框架,然后对2001—2010年我国金属矿采选业碳排放与经济增长的脱钩弹性进行因果链分解和指标测评。实证结果显示多数年份经济增长与碳排放呈弱脱钩状态,其中能源利用效率的提高起了主要作用,而价值创造弹性成为阻碍脱钩的主要因素,因此这两大行业未来应主要在大力发展低耗能高附加值的产品上做努力。     

宏观审慎管理理论与政策

加强宏观审慎管理已成为后危机时代金融监管改革的重要趋势。国内外的学者对宏观审慎管理的概念、目标、工具等问题进行了深入的研究,但总体看来尚没有形成系统的理论。在借鉴动态随机一般均衡模型的基础上,我们构建了宏观审慎管理政策的模型框架,分析了资本要求和贷款价值比率工具对金融市场的影响,同时一定程度上厘清了宏观审慎管理政策与货币政策的差别。研究结果表明,宏观审慎管理政策与货币政策在目标上具有一定意义上的一致性。单一的政策很可能会损害实体经济,在实践中必须进行动态平衡。因此,必须转变监管理念,着手建立宏观审慎管理框架,发挥中央银行在宏观审慎管理中的核心作用,加强宏观审慎管理政策与包括货币政策在内的各项政策的协调与配合。     

The dimensions of assortment: A proposed hierarchy of assortment decision making

Abstract

The merchandise assortment plays a fundamental role in retailing; it conveys the positioning of the retailer, and is a key determinant of image and patronage. However, existing literature covering a 50-year period is somewhat fragmented. A key problem with the literature is that it does not distinguish between different levels and dimensions of assortment, causing potential ambiguity in their interpretation in the modern retailing context. The lack of standardised terminology could potentially inhibit future assortment research in, for example, assortment measurement. In reviewing the literature, the critical dimensions of assortment are clarified with conceptual definitions and a hierarchical classification of assortment being proposed. Further, the assortment research is examined, identifying an imbalance between operational and strategic assortment research. As retail assortments expand and saturate, the need for assortment measurement research is argued with associated implications for retail management.     

开征住宅税对微观经济预期影响之法律思考

住宅税全面开征对我国资本的未来走向意义重大,可能会帮助地方政府实现从前台卖地转为幕后征税的华丽转身,但是这种角色转变需要立足在住宅税的立法位阶合法、征管科学公平、政府相关政策和国家相关法律的配套改革上才能顺利完成。     

Does Loyalty Make Customers Blind? The Impact of Relationship Quality on Channel Members' Attributions and Behaviors Following Negative Critical Incidents

Purpose: Although the consequences of attributions triggered by negative critical incidents (NCI) are well documented, determinants of the attribution process itself received considerably less attention. The purpose of this article is to yield further insights regarding attribution processes by investigating the potential buffering effect of relationship quality on the attributions made by channel members following NCI and on their subsequent behaviors.

Methodology/Approach: Data used to assess the proposed model was collected from 171 independent retailers and analyzed through PLS path modeling procedures.

Findings: Results demonstrate that relationship quality bias channel members' appraisals following NCI by motivating attributions, and ultimately behaviors, which promote relationship preservation.

Research Implications: Results confirm the validity of the reverse attributional hypothesis holding that the quality of a relationship shape the attributions made by its participants following NCI in a way that is beneficial to relationship preservation.

Practical Implications: The present study advocates that suppliers should nurture relationship quality, categorize their customer portfolio based on the nature of exchange relationships, and implement strategies aiming at influencing attribution processes.

Originality/Value/Contribution: This article fills a gap in the marketing literature by investigating not only the consequences but also the antecedents of attributions made by channel members following NCI. Its main contribution lies in the examination and validation of a buffering effect of relationship quality on channel members' attributions regarding NCI.     

行为财务理论基础研究述评

行为财务关于公司决策中存在的行为偏差的理论比较分散,仍旧没有形成一个完整的理论体系,基本上以Kahneman和Tversky提出的期望理论为核心,主要包括期望理论、行为资本资产定价理论、行为资产组合理论、羊群效应模型、过度自信、心理账户等。     

Managerial Perceptions of Information Technology and their Impact from a Transaction Cost Perspective

This article addresses the questions of how hotel managers perceive the impact of information technology (IT) on hotel service operations, particularly transaction costs, and whether its impact on these costs affects the decision-making framework. A multiple case study approach using a two-stage interview process was adopted. This comprised a closed, fixed-response questionnaire administered to a group of managers followed by a standardized, open-ended interview intended to capture both objective and subjective views. Although the managers objectively identified a positive impact for IT, their subjective views indicated that this impact is only superficial. This gap points to the existence of bounded rationality in managerial decision making about state-of-the-art IT systems.     

An examination of key factors influencing bancassurance success – Taiwan and mainland China evidence

The aims of this paper are first, a search for the key factors that influence bancassurance operation in Taiwan and mainland China; second, explore the weight of each key success (critical) factor (KSF); and third, identify performance gaps typically measured as performance minus KSFs. This study adopts the analytical hierarchy process to construct a framework of KSFs of bancassurance. Then, the importance–performance analysis is applied to identify the performance of each KSF for bancassurance. The findings mean that the strategy maker can identify the weakness and strength of their bancassurance strategy, and allocate their resources accordingly.     

Further evidence on financial information and economic activity forecasts in the United States

Our study provides substantially robust evidence for the predictive power of financial variables in forecasting the business cycle at a further step. We select several interesting and representative financial variables and reveal that they can predict significant information regarding future equity premiums as well as future macroeconomic activity, which are proxied by comprehensive fresh macroeconomic variables. The predictive power remains stable in out-of-sample estimations and can generate profits in an active market-timing trading strategy in excess of the historical mean forecast strategy. Cochrane provides one of the core interpretations for such forecasts in the theoretical asset pricing framework.     

AC公司供应商选择与评价实例研究

AC公司为英国独资企业,是总公司第一个海外生产基地。因此全球采购经验不足,供应链体系尚未成熟。文章的目的是建立一套供应商评价选择体系,完善供应链、加快本地化采购、降低采购成本,最终实现中国工厂成为整个集团的采购中心的目标。深入分析公司的具体特点,采用层次分析法探索建立一套适合公司特点的供应商选择评价体系。然后进行了实例验证。验证结果基本与事实相符。最终公司采纳了这一体系,完善了供应链,为企业的不断成功提供有力保障和支撑。同时本研究也可为同类企业参考。