Selection of Mergers and Acquisitions by Foreign Capital in Open Economies

IntroductionIn recent years, large quantities of multinationalcorporations ( MNCs) compete for publicly tradedcompanies in mainland china, which gives domesticfirms more alternatives, and increases their economicbenefit. With their different impacts on me…     

电子商务对国际贸易的影响

本文从以下几个方面对电子商务对国际贸易的影响进行了讨论:电子商务使国际贸易运行方式和环境发生重大变化,电子商务使国际贸易经营主体的战略发生重大变化,电子商务使国际贸易经营管理方式发生重大变革,电子商务促进世界技术贸易的发展,提出了电子商务必将创造巨大的效益和机会。     

浅谈网络资源在科技英语阅读教学中的应用

从教学实践出发,阐述如何开辟新的渠道高效地提高学生的阅读能力。使我们把网络技术应用于外语教学成为可能在多媒体网络环境下我们可以创造最真实,最直接,最主动,最优越的英语互动学习环境,能很好地培养学生英语阅读的兴趣和获取信息的能力。     

非公企业职业化工会主席的治理逻辑:一种基于委托代理理论的分析

由上级工会向非公企业直派的职业化工会主席与上级工会之间的关系具有委托——代理性质。以委托——代理模型为基础,建立作为代理人的职业化工会主席在为职工维权过程中的收益矩阵,能更清楚地分析作为代理人的职业化工会主席的策略选择,进而为完善仍处于试点中的非公企业工会主席职业化的治理提供相应的建议。     

Are AIS-based trade volume estimates reliable? The case of crude oil exports

Most global trade statistics in the public domain refer to official customs data, which are not generally available on a micro (individual cargo) level. With the increasing availability and completeness of ship positioning data from the global Automated Identification System (AIS), it is possible to derive more timely and detailed trade statistics for homogeneous commodity groups. The objective of this article is twofold: (1) to compare the accuracy of AIS-derived trade statistics to official customs data in the crude oil market and (2) to add a breakdown of trade by vessel size over time. We find that while AIS-derived data for seaborne crude exports show good alignment with official export numbers in aggregate, there are substantial temporal and geographical differences across countries and time due to the use of pipelines and transshipment in parts of the supply chain. We highlight the challenges in properly structuring and aggregating micro-level cargo data. Our findings are important for the proper derivation of shipping demand from trade data.     

Serving vs. settling: What drives the establishment of low-cost carriers’ foreign bases?

This paper uses a probit model on a cross-sectional dataset of 202 airports and 29 airlines to assess the drivers for the establishment of foreign bases by European low-cost carriers (LCCs). We find that managerial, organizational, and environmental factors impact on foreign base establishment. In particular, there is evidence that the presence of a growth-oriented firm leader and the strategic importance of an airport for an airline significantly increase the probability of the presence of bases, while national unit labor costs, the volatility of flight operations and the membership of an LCC in an airline group significantly decrease this probability.     

物流企业在中国-东盟自由贸易区内运营财务核算问题研究

文章通过对当前物流企业财务核算体系存在的问题进行分析,探讨了加强物流企业在东盟自由贸易区内运营财务核算的必要性,提出了建立物流企业在东盟自由贸易区内运营财务核算的对策。     

A game model of international trade,transport costs,invasive species,and protocol compliance

We study the duopolistic interaction between two monopolists located in two different countries who sell an imperfect substitute good in two markets. The traded good is transported between the two nations on ships using solid wood packing materials (SWPMs) and hence the presence of one or more invasive species is a problem. We use a game model to analyze this interaction in three steps. First, we study the benchmark case of autarky or no trade between the two nations. Second, we introduce transport costs and then study the effect of free trade on the profits of the two monopolists. Finally, we suppose that invasive species are present in the SWPMs. This fact requires compliance with an environmental protocol. We model this compliance by increasing the transport costs associated with trade and then demonstrate that a version of the so called Porter hypothesis holds. In other words, we show that compliance with a cost increasing environmental protocol can give rise to higher profits for the two monopolists under consideration.