房地产行业股权融资成本与信息披露质量的实证研究

本文以2005-2006年度房地产行业上市公司作为样本,研究股权融资成本与信息披露质量之间的关系。在对变量的描述和样本检验的基础上,我们可以得出结论,即信息披露质量越高,股权融资成本越低。最后,本文通过实验研究,提出了一系列降低股权融资成本的政策建议。     

融资租赁初始直接费用会计处理的思考

《企业会计准则第21号——租赁》中将融资租赁出租人承担的初始直接费用计入“长期应收款——应收融资租赁款”账户．出租人承担的初始直接费用实质上是融资租赁出租人为获取以后各期的租金收益发生的资本性支出,其应当构成融资租赁资产的成本,不应当作为一种债权资产处理,并由此对现行准则中有关融资租赁初始直接费用会计处理提出了改进建议．     

道路货运企业规模经济分析

从生产成本和交易费用两个角度分析道路货运企业的规模经济,认为其生产活动不存在显著的规模报酬递增,但运输业务集成对其实现规模经济具有重要作用。针对我国道路货运业务集成难以开展的现状,政府要给予政策支持。     

A two-sided market platform analysis for the electric vehicle adoption: Firm strategies and policy design

This study explores how to facilitate the electric vehicle (EV) diffusion from a two-sided market platform competition. We develop a stylized model depicting the platform competition between electric and gasoline vehicles by combining indirect network effects of consumer and energy supplier sides as well as vehicle manufacturers’ profits. The findings of this study provide several meaningful strategic and policy implications for EV manufacturers and policymakers who wish to enhance EV diffusion. First, EV sales are significantly influenced by indirect network effects from the energy supplier side to the consumer side, and vice versa. This implies that EV manufacturers who wish to boost EV diffusion should implement a strategy providing energy suppliers with incentives to willingly join the EV platform. Second, the dynamic nature of the effects of energy costs on platform competition might render counter-intuitive evidence that the drop in oil prices does not always negatively influence EV sales. This requires EV manufacturers to prepare a contingent strategy adjusting to such unexpected conditions. Third, governments should consider the energy supplier side as well as the consumer side in designing EV diffusion policies. When governments have a very challenging EV diffusion target, a balanced policy, which treats both gasoline and electric vehicle technologies fairly, may be more effective than a consumer subsidy policy.     

大型油船航速估算方法

对现有的船舶航速估算方法分析比较，提出了大型油船的航速估算方法。其中有效功率估算是根据上海船研所肥大船系试验图谱和实船试验资料经分析、修正得出，与荷兰Ｈｏｌｔｒｏｐ法、大连造船厂法比较，本文方法均方差最小，估算值与试验值最接近；自航因子估算以ＳＳＰＡ大油轮系列自航试验资料为基础，用上海船研所大量肥大船模型自航试验数据修正得出。     

How big should transit be? Evidence on the benefits of reorganization from the San Francisco Bay Area

This paper studies whether the many public urban transit providers in the San Francisco Bay Area could realize cost economies by consolidating into larger systems. In this discussion, any benefits of rationalization are excluded, since these could be achieved without organizational changes.The results support the formation of larger multi-modal systems in the Bay Area. But care must be taken in selecting the candidates for reorganization, and a broad-brush approach could result in important lost opportunities for cost reduction. But if these economies are taken into account, and transit grows in the right directions, the benefits could be substantial.     

浅吃水肥大型船的尾部线型研究

从分析船舶尾部伴流场对船舶阻力推进,操纵及船体振动性能等影响的观点,研究尾部三维伴流场,介绍尾型与伴流场之间关系及非对称双尾鳍船型的形成。非对称双尾鳍船型与优选的常规双尾鳍船型模型的阻力,自航及伴流场等比较试验结果表明,非对称双尾鳍船具有两大优点,首先,该船型能在浆前方产生一个与外旋浆旋向相反的预旋流,在保持了优良阻力性能前提下可提高外旋浆推进效率8％,获得阻力,推进,操纵各性能间的最佳配合,第二,轴向伴流分布比较均匀,满足BSRA5项衡准指标,改善了螺旋浆工作的流场条件,减少了螺旋浆产生空泡及其诱导船体激振的危险,使节能与减振得到统一,最后还介绍了该船型首制船“宁安1号”的实船测试结果及其由船模试验预报实船性能的一致性。     

Electric versus conventional vehicles: social costs and benefits in France

This article compares the social costs of electric vehicles with those of conventional, thermal vehicles for typical passenger use in the Ile-de-France region (Greater Paris), a case of particular interest because nearly 80% of the electricity is generated by nuclear power plants. A four-seat electric car is compared to a new conventional car of the same make and model; for the latter both the gasoline and the diesel version are considered because almost half of new car sales in France are diesel. These results are also compared to typical existing diesel and gasoline vehicles in the current French fleet. The methodology developed by the ExternE (External Costs of Energy) Project of the European Commission is used to estimate the costs associated with atmospheric pollution due to power plants, refineries and tail pipe emissions. Our discussion of externalities is limited to air pollution thus excluding others such as costs associated with noise or accidents. Our results imply that the external costs are large and significant, even when one considers the uncertainties. If internalized by government regulations, these externalities can render the total cost of an electric vehicle more competitive with that of currently available thermal vehicles in large urban centers if the electricity is produced by sources with low pollution. However, the current generation electric vehicles are so expensive that internalization of pollution damage would not give it a very clear advantage.     

城市轨道交通PPP招商运营收支预测研究

在PPP招商阶段,城市轨道交通项目运营收支预测直接关系到招标条款设置的合理性和政府补贴额预测的准确性.从运营收入、运营支出角度分析城市轨道交通PPP招商运营收支预测情况,系统梳理并阐述票务收入、非票务收入、各项运营成本、重置更新成本、车辆追加成本以及税费的预测分析方法,供行业内研究探讨,从而希望为城市轨道交通PPP模式发展和运用提供借鉴.     

迈阿密城市轨道交通工程概述及评估

概述美国迈阿密城市轨道交通系统,通过对其日客运量、营运成本和收入成本比等方面统计分析,评估了该城市轨道交通系统,并总结了其中值得借鉴的经验教训,以期为我国类似的城市轨道交通系统建设提供有益的借鉴。