Comment on “The endogenous aggregate elasticity of substitution for a small open economy”

This note applies the approach of Miyagiwa and Papageorgiou [Miyagiwa, K. and Papageorgiou, C., 2007. Endogenous aggregate elasticity of substitution. Journal of Economic Dynamics and Control 31, 2899–2919] to provide simple frameworks for endogenizing the aggregate elasticity of substitution between capital and labor for a growing small open economy.     

Vertical Innovation and Catching-Up: Implications of EU Integration for CEECs-5

We analyze the role of vertical innovation in trade patterns for developing economies trading with technologically advanced countries. A model is presented where the international diffusion of knowledge, promoted by economic integration, is the source of a technological catching up and leads to a convergence in the quality of traded goods, with a positive effect on exports. We then turn our attention on the evolution of trade between the Central and Eastern European countries (CEECs-5) and their European Union partner countries, assessing whether economic integration has increase the quality of the goods produced. For the period 1995–2005, we find evidence of the increasing role of intra-industry trade and vertical differentiation and a process of specialization in higher quality products, especially in the medium- and high-skill sectors.

Book production and the onset of modern economic growth

We provide a new data set on per capita book production as a proxy for advanced literacy skills, and assess this relative to other measures. While literacy proxies very basic skills, book production per capita is an indicator for more advanced capabilities. Growth theory suggests that human capital formation plays a significant role in creating the ‘wealth of nations.’ This study tests whether human capital formation has an impact on early-modern growth disparities. In contrast to some previous studies which denied the role of human capital as a crucial determinant of long-term growth, we confirm its importance.      

On the (in)effectiveness of rewards in sustaining cooperation

We study the effectiveness of costly rewards in mitigating excess extraction in a standard Common Pool Resource (CPR) game experiment. We implement two treatments. In the first, rewards are a pure transfer from one player to the other. In the second, the benefits of receiving a reward are higher than the cost of providing it. Referring to the latter as “net positive” rewards, we observe that these are used more frequently than transfer rewards, and that, unlike transfer rewards, they are effective in sustaining cooperation in the CPR game. JEL Classification C72, C92, D74     

产业结构调整与增进城乡收入实证研究

经济发展应实现国民产出增长、产业结构优化,更应实现人民收入水平的提高和社会的普遍进步。由此而来的一个问题是,如何让全体人民在改革发展中共享成果？从经济学的视野看,普遍提高人民的收入水平,最终实现共同富裕无疑是一个重要的标杆。在考察各省区市城乡收入结构与产业结构之间的关系后发现,通过产业结构调整、产业转移与承接进而促进区域经济协调发展是弥合区域收入水平差距的重要途径,适当调整收入分配政策、提高公共财政在农村的覆盖面、建立社会主义新农村是缩小城乡收入差距的合理性制度选择。     

经济增加值理论在商业银行中的应用

商业银行经营的特殊性决定了财务管理是商业银行管理的重要内容,而作为一种先进的财务管理理念和科学的衡量方法,经济增加值对商业银行提升财务管理水平可以起到一定的作用.本文将对经济增加值在国内商业银行的具体运用进行详细的阐述,然后在此基础上提出了在国内商业银行中运用经济增加值的意义.     

美国金融危机的祸起:政府还是市场——基于芝加哥学派理论和奥地利学派理论的思考

美国金融危机犹如海啸一般正在席卷着全球,全球经济将面临着衰退的危险。各国政府纷纷出动采取了各种政策以防止衰退,同时经济学家和一些学者都试图解释这次危机的成因。笔者将运用芝加哥学派的理论和奥地利学派的理论以及他们思想的精髓分析当前金融危机的成因以及相应的应对方法。通过分析,笔者发现当前存在的一些对金融危机的解释是不合理、不全面的,没有触及到根本。而政府目前的应对方案也是差强人意的。造成美国金融危机的罪魁祸首是美国人的过度消费,而应对这次金融危机,美国政府的扩大财政支出政策也是无济于事的,不能从长期解决问题,美国政府应该利用这次机会改变美国人的消费理念,从而回到古典经济学家所倡导的节俭美德,节俭可以创造财富,这样才能保持长期的繁荣。     

“经济增长”意识形态的源起与幻灭

本文以马克思对"意识形态"科学界定为基点,发掘现代中国的深层次意识形态,即现实存在的"经济增长"意识形态后,从马克思主义角度分析其源起和"以人为本"科学发展观对其的解毒和幻灭。     

Multinationals: Too Many or Too Few?— The Proximity–concentration Trade-off

The paper builds an analytically tractable model that illustrates the “proximity–concentration trade-off” involved in horizontal multinationals. For low trade costs, firms are single-plant firms, for intermediate costs, some are single-plant firms whereas others are multinationals, for large trade costs, firms are multinationals. Because of the modeling strategy, the model is suited for a welfare analysis of multinationals. It shows that too many firms choose to concentrate their production in only one location. Also, for some transport costs, a reduction in transport costs worsens welfare.

我国农村法治教育现状的经济分析

农村法治教育难以取得实效的深层原因在于主体的"理性"选择,在于关涉各主体的各种利益的博弈。要想打破僵局,必须从关怀主体利益,改变主体利益博弈结果入手。