房地产正向财富效应形成的条件分析

房地产对居民消费的财富效应一直是关注的焦点。产生房地产财富正效应的条件为:城市居民二套住房拥有率要大于有潜在住房购买力的家庭占比率。我国应加大调控力度,降低房价,增加公共住房保障供给,大力发展适合中低收入阶层家庭的商品房项目。     

不完全合作、非合作博弈的逻辑:企业与行业协会价格串谋行为分析

串谋企业涉及的利益主体主要是企业、行业协会与监管者,频频发生的行业协会参与企业价格串谋实际上是不同利益主体之间博弈的结果.他们之间的博弈是不完全合作、非合作博弈.笔者建立了串谋企业及其行业协会、监管者之间的博弈分析模型,认为影响企业及其行业协会价格串谋概率高低的主要因素是制度安排、串谋成本与监管力度等.     

Intellectual property rights protection and recorded music sales��focus on 26 OECD countries panel data

This thesis mainly studies the relationship between intellectual property rights protection and recorded music sales by use of 26 OECD countries panel data from 2000 to 2007. Following Png and Wang (2006), the production equation of recorded music is developed. Meanwhile, the author introduces other independent variables such as per capita GDP, employment rate and R&D, population and economic openness. The econometric methods consist of two way fixed effects method, Arellano-Bond dynamic panel-data estimation and dynamic panel-data estimation, one-step difference GMM (generalized method of moments) by use of Stata 10.0. The findings are as followings: Intellectual property rights (IPRs) protection exerts positive effect on recorded music sales, and the influencing coefficient is at the range of 0.815 to 0.915. Meanwhile, economic openness also has positive influence. The studying results suggest that IPRs protection can reinforce the sale of recorded music, and it is very urgent to enhance IPRs protection.     

浅析我国企业所得税改革——写在2007年“税合一”出台之际

2007年3月14日，提交全国人大审议的企业所得税法草案规定，将内外资企业所得税税率统一为25％，法定税率由33％降低了8个百分点。外资实际税率要从15％变成25％，内资要从33％下降到25％。大多数的声音是，这项政策对外资企业是一种公平合理的国民待遇，对内资企业则是一种重要的激励。这将会使市场竞争朝着更加公平的方向发展。本文通过对这项具有里程碑意义的税改政策出台的背景、影响等方面加以综合分析，并归纳整理了该政策出台后理论界、业界的不同观点，为新税制的发展提供了展望。     

Is Downward Wage Flexibility the Primary Factor of Japan's Prolonged Deflation?

By using both macro‐ and micro‐level data, this paper investigates how wages and prices evolved during Japan's lost two decades. We find that downward nominal wage rigidity was present in Japan until the late 1990s, but disappeared after 1998 as annual wages became downwardly flexible. Moreover, nominal wage flexibility may have contributed to Japan's relatively low unemployment rates. Although macro‐level movements in nominal wages and prices seemed to be synchronized, such synchronicity is not observed at the industry level. Therefore, wage deflation does not seem to be a primary factor of Japan's prolonged deflation.     

WHOLESALE PRICES AND COURNOT‐BERTRAND COMPETITION

This note considers the competing vertical structures framework with Cournot‐Bertrand competition downstream. It shows that the equilibrium wholesale price paid by a Cournot (Bertrand)‐type retailer is above (below) marginal costs of a corresponding manufacturer. This result contrasts with the one under pure competition downstream (i.e., Cournot or Bertrand), where the wholesale price is set below (above) marginal costs in case of a Cournot (Bertrand) game at the retail level.     

中国企业人力资本产权变革三次浪潮评析

人力资本股权化是现代企业产权制度变革的基本逻辑和大趋势.如何在实际操作层面解决"两权分离"悖论,不仅是现代公司制度运作和发展的主题,也是中国企业人力资本产权制度变革的逻辑起点、核心问题和主要矛盾.1992年以来,中国企业人力资本产权变革经历了三次浪潮.目前,对于中国企业来说,实现人力资本股权化、稚行股权激励计划,已经不是什么"理论"问题而是如何实际"行动"的问题.基于人力资本产权制度变革积极推行股权激励计划,是未来中国企业必然而明智的战略选择.     

云南农业合作经济组织规范发展探析

云南省农业合作经济组织最早产生于20世纪80年代中期。近年来,在各级党委、政府及农业相关部门的共同支持和努力下,云南农业合作经济组织发展迅速,成效显著。然而,整体上,云南农业合作经济组织的发展仍然处于起步阶段,存在思想认识不统一、财务会计制度缺失、融资渠道单一、运行管理缺乏合力等诸多不规范问题。为此,应以《农民专业合作社法》的颁布实施为契机,通过加强宣传与培训、建立健全政策法规、完善运行机制等措施,推进云南农业合作经济组织的规范发展。     

零售商买方势力一定会导致通道费吗？--基于纵向市场结构的合作博弈分析

关于通道费的研究,有一种观点认为通道费是零售商买方势力的体现。但是现实经济中有些具有买方势力的零售商收取通道费,而另一些却不收取通道费,买方势力的观点不能对这一现象作出解释。针对此,构建双边双寡头的纵向市场结构模型,并在模型中引入零售商的价格竞争和服务竞争,在合作博弈的框架下分析研究了零售商买方势力与通道费之间的关系。研究发现买方势力并不是出现通道费的充分条件,而只是必要条件,通道费的出现与否除了与零售商买方势力有关外,还与其他的市场环境因素有关。最后,通过线性需求函数的特例对这一结论进行了验证,并在此基础之上提出了相应的规制政策建议。     

A REVIEW OF THE EMPIRICAL LITERATURE ON FARMER COOPERATIVES: PERFORMANCE,OWNERSHIP AND GOVERNANCE,FINANCE, AND MEMBER ATTITUDE

The empirical literature on farmer cooperatives is now fast emerging and developing in the areas of performance, ownership and governance, finance, and member attitude. We discuss 56 peer‐reviewed publications to illustrate the main findings and conclusions while outlining challenges and opportunities for future research. Generally, cooperative membership is found to positively impact price, yield, input adoption, income, and other indicators of member performance, yet there is growing evidence of an uneven distribution of benefits for small and large producers. In terms of structure, evidence of a causal relationship of ownership and governance to performance has been elusive, yet there are now many findings of inherent equity and long‐term debt constraints, often in the context of consolidation to drive scale and scope economies. Further inefficiency is observed to be driven by increased heterogeneity in member attitudes and objectives, in particular in terms of commitment and participation. Thus, overall, empirical work portrays farmer cooperatives as flawed and complex business organizations which nonetheless have a strong positive impact on its members. While applied research may progress in various directions, a general improvement in empirical methodologies is needed to allow robust analysis of mixed objectives in dynamic environments.