到“体制内”去的隐忧与省思

近些年来年轻人到"体制内"去已渐成潮流,但其中的诸多隐忧当引起我们高度关注并深刻省思:一是我们当年改革中敢闯敢试的勇气正在衰减;二是我们的经济社会改革还远未"到位";三是资源集中和依附于权力的现象依旧突出。当前必须以更大的勇气和智慧继续深化改革,才能迎来中国经济社会发展新的春天。     

RECENT ADVANCES IN OLIGOPOLY THEORY FROM A GAME THEORY PERSPECTIVE

Abstract. This paper surveys the contribution that recent developments in game theory have made to the understanding of oligopoly theory. It is argued that conventional models suffer from the problem that there are a number of solution concepts offered with little guidance as to which should be selected, and this is related to the static nature of the models employed. One important development in game theory has been the analysis of repeated games, and when applied to oligopoly theory this suggests that outcomes may be more cooperative than conventional theory suggests. Related to this is the requirement that firms employ credible threats to punish cheating from cooperative outcomes, and the paper examines the extent to which imperfect information may restrict the scope of firms to employ such punishments. One way in which firms may seek to make threats credible is through strategic investments, for example in production capacity, and the paper explores how competition over price or output is integrated with competition over instruments for strategic investment.     

崀山风景区旅游深度开发研究

通过实地考察和游客问卷调查分析,指出了崀山旅游开发中存在的一些问题。采取SWOT技术方法分析了崀山旅游业发展中的旅游资源和环境优势、文化和经济劣势、区域合作发展机遇和国内主要丹霞风景区的竞争情况。在此基础上,针对崀山旅游未来发展提出了拓宽客源地空间范围、深挖风景区历史文化内涵、开发休闲度假和特种旅游产品、加强与桂林八角寨国家森林公园的合作开发等建议措施。     

双创背景下河南省小额担保信贷发展路径优化研究

双创背景下,小额担保贷款的发展成为一项与时俱进、兼具实践和应用价值、不断推进和调整的一项工作。论文立足"威胁和机遇"并存的时代背景,对目前河南省小额担保贷款的发展进行深入分析,从现状中剖析其存在的问题,继而对双创背景下河南省小额担保贷款的发展给出具体的优化路径,使其在不同的经济环境下均能持续稳定发展。     

Not all threats are taken equally: Evidence from proxy fights

Previous research shows that activist threats lead to corporate policy concessions. We find that the threat of proxy fights is responded to differently based on its credibility. Decomposing proxy fight threats, we find that only credible threats are associated with more leveraged, more innovative, and less acquisitive corporate policies. Management, however, does not respond to noncredible threats. Further, for materialized fights, the market reaction at announcement is also conditional on the credibility of the threats. Overall, not all activist threats are responded to equally by management or the market, and only credible threats achieve disciplinary effects and favorable valuation.     

Impacts of COVID-19 on the post-pandemic behaviour: The role of mortality threats and religiosity

This study explores the influence of intra-pandemic perceptions on travellers' post-pandemic hotel booking behaviour among crisis-resistant travellers and crisis-sensitive groups. It also examines the moderating role of mortality threats and religiosity on these behaviours. We collected quantitative data utilising survey method via questionnaires to address various levels of the research. We used PLS-SEM to evaluate our proposed model. We collected data from 1580 who had booked hotels in Egypt. Our study indicated that intra-pandemic perception has a stronger effect on travellers’ post-pandemic hotel booking behaviours if the travellers are less religious and feel deeply threatened by the idea of their own level of mortality. Moreover, it revealed that intra-pandemic perceptions had a stronger association with post-pandemic planned behaviour for travellers who chose to cancel their hotel booking plans. Our study also indicated that emergency public information plays a critical role in influencing post-pandemic planned behaviour. Our study offers effective strategies to aid hospitality and tourism practitioners when risky and threating situations such as COVID-19 arise, specifically in the period of response and recovery.     

How accountability pressure on failing schools affects student achievement

Although an emerging body of evidence has shown that the threat of sanctions on low-performing schools can raise student test scores in the short run, the extent to which these test score improvements are due to schools' manipulation of the accountability system has remained uncertain. In this paper, I provide two new strands of evidence to evaluate the relative importance of educational reforms and gaming behavior in generating test score gains by threatened schools. First, using a regression discontinuity design that exploits Florida's system of imposing sanction threats on the basis of a cutoff level of performance, I estimate medium-run effects on student test scores from having attended a threatened elementary school. Threat-induced math improvements from elementary school largely persist at least through the first 1 to 2 years of middle school, while evidence for persistence of reading improvements is less consistent. Second, I analyze the effects of sanction threats on various features of educational production, and I find that sanction threats raise school spending on instructional technology, curricular development, and teacher training. Both strands of evidence are consistent with a predominant role for educational reforms in generating test score gains by threatened schools.     

Military expenditure,threats, and growth

In this study we test whether catching up, the hypothesis that there is technological spillover from leaders to followers, is still important among industrialized countries. Since the USA is no longer the technological leader in many industries and since catching up, if it still exists, may not operate uniformly across different industries, a disaggregated study is more appropriate. A testable model is developed and a number of tests for the existence of catching up are performed. A major improvement on previous tests is that the level of technology is measured in terms of total factor productivity. The two major conclusions, which are quite robust, are that after 1970 there is no catching-up effect left in the tradables sector, while catching up is found for industries in the nontradables sector.     

射阳港物流现状及发展对策

通过对江苏射阳港物流的内部条件和外部环境进行分析,明确了射阳港目前所具有的优势、劣势,面临的机遇和挑战,然后在此基础上提出了发展射阳港物流的政策建议。     

Product market threats and tax avoidance

In this paper, we find that product market threats increase firms’ tax avoidance. This association is especially observed for firms that pursue tax avoidance more than their optimal target level (i.e., actively tax-avoiding firms). In addition, among these firms with active tax avoidance practices, firms with weaker corporate governance structure, lower financial flexibility, and greater predation risk are more likely to experience the positive relationship between product market threats and tax avoidance. Further evidence suggests that higher levels of tax avoidance driven by product market threats do not come with higher levels of tax uncertainty and rather positively affect firms’ profitability. This result highlights the decoupling relationship between tax avoidance and tax uncertainty.