Evaluating the Relative Impact of Fiscal Incentives and Trade Policies on the Returns to Manufacturing in Taiwan, 1955–1995*

In the present paper, an integrated cash flow model is developed to examine the relative impact of tax incentives, financial subsidies, and macroeconomic variables on the profitability of industrial investments. It allows for the variables in the model to interact with each other. An application of the model is carried out for Taiwan, which has implemented a variety of fiscal incentives over the past 40 years. The principal policy conclusion is that trade and macroeconomic policies are much more important than income tax incentives or subsidized finance policies in determining the success of Taiwan's industrialization process. The effects of all of the fiscal incentives are found to be much smaller than those of the trade policies or the fundamental trends in macroeconomic variables such as the movement of the real exchange rate and the real wage rate.     

标准化快递包装箱的市场推广策略研究

随着电子商务的迅速发展,中国快递业务量年均增幅迅速扩大,快递市场成为增长速度最快,发展潜力最大的新兴市场,市场规模排名世界第三。然而,巨大的快递发送量必然会需要数量巨大的快递包装,采用绿色环保、可循环利用、标准化的快递包装箱是现代快递行业发展的必然趋势。怎样提高标准化的快递包装箱在市场的认同度及进一步促进市场推广,成为快递行业亟待解决的问题。     

思茅市推进普洱茶产业化的政府工程研究

本文认为,思茅市政府长期重视普洱茶产业发展,在政策上给予大力支持,主要体现在推进规模化种植、提升加工能力和整体推进产业化等各方面。文章提出,针对近年来思茅茶产业发展存在的问题,政府应遵循“整合、转型、开放、创新、挖掘”的发展思路,在政策促进方面要有重点地抓好普洱茶产业化十大工程,即政策环境工程、组织建设工程、品牌塑造工程、市场开拓工程、原产地认证与标准化工程、开放促发展工程、科技与人才保障工程、产业链建设工程、产业投融资工程、文化建设工程等。     

Impact of Reputation and Promotion on Internet Auction Outcomes: Finnish Evidence

The purpose of this article is to explore the impact of seller’s reputation and promotional methods on auction outcomes in the Finnish online auction website, Huuto.net. Multiple linear and logistic regression analyses are used to test a set of hypotheses. The dataset consists of 227 auctions of iPhone 4S 16 GB mobile phones posted for auction by 138 individual sellers. The main finding is that sellers who have acquired a free identification from Huuto.net achieve a hefty increase in the final sales price. Sellers who have not established an online reputation achieve considerably lower closing prices at auction. An increase in negative feedback points reduces the final sales price. Purchasing display-enhancing promotional options does not increase the price but may improve probability of sale. Establishing reputation, avoiding negative feedback, and acquiring identification pay off. The promotional options associated with fonts and colors are not worth the cost.     

The Use of Information and Communication Technologies (ICTs) in Tourist Information and Promotion of the Polish Carpathians in Foreign Tourism Markets

The recent years have been a time of rapid development of information and communication technologies (ICTs) in tourism. The objective of this article is to analyse and assess the use of ICTs in tourist information and promotion of selected municipalities in the Polish Carpathians, the largest region of mountain tourism in Poland. Particular attention was paid to the activities taken by DMOs, local entrepreneurs and cultural institutions. The use of ICTs in the Polish Carpathians is at a relatively advanced level, but still not sufficient enough to make these solutions a fully effective tool in building a strong regional brand in the international tourism markets.     

Product differentiation under imperfect information: When does offering a lower quality pay?

In this paper, we extend the Varian (1980) model to examine endogenous quality differentiation by firms, with a particular emphasis on the interplay between the firms’ product quality decisions and the ensuing price rivalry. Specifically, we assume that the price-sensitive (or informed) consumers hold a lower valuation for product quality than the brand-loyal (or uninformed) consumers. It is shown that the firms will choose differentiated qualities for a broad class of consumer utility functions and production technologies. We obtain two results. First, the equilibrium quality choices are efficient as they are also the welfare-maximizing qualities chosen by a social planner. The equilibrium qualities are as if one firm serves only its loyal consumers and the other serves only the price-sensitive consumers, even though they each serve both types of consumers (at least for some fraction of time). Second, the firm choosing the lower quality makes greater profits and also prices more aggressively, in the sense that it maintains a lower maximum price and offers discounts more often. The lower-quality product is more profitable because it yields higher social surplus when consumed by the price-sensitive consumers.

贸易战略选择:一般情形与大国情形

发展中国家普遍具有的二元经济结构的特征决定了这些国家经济发展的一个根本途径就是实行工业化。可供选择的实现工业化的手段包括出口促进和进口替代战略,而不同战略的业绩比较一直是学者们争论的焦点。文章通过一个简单的三部门模型,讨论了一般情况下不同贸易战略的绩效,并讨论了大国条件下不同贸易战略选择的特殊性以及有关我国贸易战略选择的问题。     

Some characterizations of stockpiling behavior under uncertainty

The objective of this note is to gain new theoretical insights into stockpiling phenomena. The model used to derive our results envisions consumers as responding optimally to uncertainties in the promotion environment. We show that, all else being equal, consumers will stockpile a promoted product more intensely: (i) the lower the availability of deal opportunities, (ii) the smaller the expected deal discount, and (iii) the lower the uncertainty about the deal/regular price, provided that dealing occurs with high/low frequency.     

外商直接投资对经济增长的影响——基于母国的分析

文章分析了对外直接投资影响经济增长的途径;利用计量经济模型,揭示了对外直接投资与母国经济增长的关系;最后研究了我国发展对外直接投资的必要性与巨大潜力,提出了促进我国对外直接投资发展的对策。     

我国与“一带一路”沿线国家贸易合作现状、存在问题和提升策略研究

“一带一路”倡议提出以来,我国与沿线国家贸易合作得到很大改善,但依然存在基础设施比较落后、贸易模式和贸易结构比较单一固化等问题。同时,考虑到当前全球贸易保护主义抬头、国际贸易规则加速重构、全球贸易投资环境日益严峻、全球经济增长动能减弱和中美贸易摩擦影响加剧等,应加强政府间沟通,构建健全的政策制度体系,加快基础设施建设,实现更高水平的互联互通,坚持以重点产业合作带动贸易合作,加快自贸区网络建设,争取早日开始“一带一路”自贸协定谈判,不断提升我国与沿线国家贸易合作水平。