Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China＇s logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomp...Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China＇s logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomposed into technical efficiency and technical progress. The result shows： （1） The average growth rate of Chinese logistics corporations from 1999 to 2006 is 0.4%, which is mainly due to the improvement of technical efficiency; （2） Technical progress which took the negative effect of the decline could not be neglected; （3） The role of technical efficiency and technical progress are different with time varying.展开更多
Scientific development is an invaluable asset to a country.Policies and development modes should be carried out based on scientific findings not only in industry,but also in transportation infrastructure construction....Scientific development is an invaluable asset to a country.Policies and development modes should be carried out based on scientific findings not only in industry,but also in transportation infrastructure construction.Building an integrated transportation system,which is in line with the national requirements of China and supports sustainable socio-economic development,is a key strategic issue related to building a moderately prosperous society and achieving realistic goals of a medium-level developed country.Based on a systematic review of the advances in China's transportation infrastructure over the last 60 years,this paper explores the main drivers of transportation development,including national policy,transportation structure,investment efficiency,and technological innovation.Analysis shows that China's comprehensive transportation infrastructure construction since 1949 can be divided into five stages initiated by these drivers,which correspond to four transition modes:policy transition,structural transition,efficiency transition,and technology transition.The transition path of China's transportation development shows that the dominant factors have changed,and the interval for each transition has shortened.With the implementation of the '12th Five-Year Plan',China's transportation infrastructure construction is showing some new characteristics and facing a new development transition.Finally,this paper analyzes the trends in transportation development in China and concludes that technological innovation will be the main driving force to increase the transportation supply and service area in the future.展开更多
This paper provides a detailed introduction to and analysis of the course of China's technological innovation in liquid hydrogen/liquid oxygen(LH2/LOX)rocket engines from a historical point of view.It starts with ...This paper provides a detailed introduction to and analysis of the course of China's technological innovation in liquid hydrogen/liquid oxygen(LH2/LOX)rocket engines from a historical point of view.It starts with the investigation of LH2/LOX rocket engines by relevant departments of the Chinese Academy of Sciences in the 1960s and their preliminary achievements.Then,the policy decision concerning LH2/LOX engine development,the project approval of the Long March-3(Chang Zheng-3,CZ-3)rocket,and the process of developing LH2/LOX engines are analyzed in detail,followed by an introduction to and summary of the development situation and technical innovation characteristics of China's LH2/LOX engines as they grew from 4 tons to 8 tons,and finally to 50 tons.Finally,the paper briefly analyzes the innovation experience connected with China's LH2/LOX engines.展开更多
The mortgage loan has evolved from a local lending instrument into a major global security and its role is unparallel to other financial instruments in the process of financial globalization. This paper explains how t...The mortgage loan has evolved from a local lending instrument into a major global security and its role is unparallel to other financial instruments in the process of financial globalization. This paper explains how technology and financial innovation transformed the mortgage loan from a local security into a premier global security traded worldwide. It examines the fundamental flaws of this process and why it does not work in regards to mortgage lending and the re-securitization products that were created through financial innovation. The findings show that regulation was unable to keep pace with financial innovation, which created an environment where actors in the financial service sector were able to behave geographically irresponsibly by using information asymmetries to their advantage by par- ticipating in moral hazard activities and engaging in other immoral and unethical business practices that were centered around localized geography, which ultimately contributed to the global financial crisis. It also examines the roll of financial innovation in regard to the Lehman Brothers Mini-Bond in Hung and its role as a driving force behind China＇s newly emerging shadow banking sector. It concludes with a policy recommendation and its implication for China＇s continued economic development.展开更多
Innovation is the source of modem enterprise profit, is also the fundamental driving force for enterprise development. With the rapid development of knowledge economy, the private economy is more and more important in...Innovation is the source of modem enterprise profit, is also the fundamental driving force for enterprise development. With the rapid development of knowledge economy, the private economy is more and more important in our national economy. Private enterprises become the main body of the market economy, at the same time, private enterprises in stabling economic growth, promoting international trade, promoting technological progress, reducing unemployment plays a positive role which cannot be substituted. However, private enterprises are existence problems such as lack of innovation resources, and inadequate innovation ability. Therefore, the private enterprise has important practical significance to studying the technological innovation project.展开更多
In recent years, many countries implement the TBT in the export trade practice of agricultural products, which has greatly positive influence on the Chinese agricultural products export enterprise. On the basis of gre...In recent years, many countries implement the TBT in the export trade practice of agricultural products, which has greatly positive influence on the Chinese agricultural products export enterprise. On the basis of green technical innovation concept, the paper had determined the enterprise green technical innovation motivation mechanism, analyzed the influence of TBT on green technical innovation of the enterprise, and integrated Chinese reality to analyze the influence of TBT on green technical innovation of Chinese agricultural enterprise. Finally, based on the above analysis, the paper proposed corresponding suggestions to the Chinese government.展开更多
文摘Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China＇s logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomposed into technical efficiency and technical progress. The result shows： （1） The average growth rate of Chinese logistics corporations from 1999 to 2006 is 0.4%, which is mainly due to the improvement of technical efficiency; （2） Technical progress which took the negative effect of the decline could not be neglected; （3） The role of technical efficiency and technical progress are different with time varying.
基金Under the auspices of National Natural Science Foundation of China(No.41171107,41001082)Programme of Bingwei Excellent Young Scientists of Institute of Geographic Sciences and Natural Resources Research,Chinese Academy of Sciences
文摘Scientific development is an invaluable asset to a country.Policies and development modes should be carried out based on scientific findings not only in industry,but also in transportation infrastructure construction.Building an integrated transportation system,which is in line with the national requirements of China and supports sustainable socio-economic development,is a key strategic issue related to building a moderately prosperous society and achieving realistic goals of a medium-level developed country.Based on a systematic review of the advances in China's transportation infrastructure over the last 60 years,this paper explores the main drivers of transportation development,including national policy,transportation structure,investment efficiency,and technological innovation.Analysis shows that China's comprehensive transportation infrastructure construction since 1949 can be divided into five stages initiated by these drivers,which correspond to four transition modes:policy transition,structural transition,efficiency transition,and technology transition.The transition path of China's transportation development shows that the dominant factors have changed,and the interval for each transition has shortened.With the implementation of the '12th Five-Year Plan',China's transportation infrastructure construction is showing some new characteristics and facing a new development transition.Finally,this paper analyzes the trends in transportation development in China and concludes that technological innovation will be the main driving force to increase the transportation supply and service area in the future.
基金Projects funded by the National Social Science Fund (19BDJ064)
文摘This paper provides a detailed introduction to and analysis of the course of China's technological innovation in liquid hydrogen/liquid oxygen(LH2/LOX)rocket engines from a historical point of view.It starts with the investigation of LH2/LOX rocket engines by relevant departments of the Chinese Academy of Sciences in the 1960s and their preliminary achievements.Then,the policy decision concerning LH2/LOX engine development,the project approval of the Long March-3(Chang Zheng-3,CZ-3)rocket,and the process of developing LH2/LOX engines are analyzed in detail,followed by an introduction to and summary of the development situation and technical innovation characteristics of China's LH2/LOX engines as they grew from 4 tons to 8 tons,and finally to 50 tons.Finally,the paper briefly analyzes the innovation experience connected with China's LH2/LOX engines.
基金Under the auspices of International Centre for China Development Studies,the University of Hong Kong
文摘The mortgage loan has evolved from a local lending instrument into a major global security and its role is unparallel to other financial instruments in the process of financial globalization. This paper explains how technology and financial innovation transformed the mortgage loan from a local security into a premier global security traded worldwide. It examines the fundamental flaws of this process and why it does not work in regards to mortgage lending and the re-securitization products that were created through financial innovation. The findings show that regulation was unable to keep pace with financial innovation, which created an environment where actors in the financial service sector were able to behave geographically irresponsibly by using information asymmetries to their advantage by par- ticipating in moral hazard activities and engaging in other immoral and unethical business practices that were centered around localized geography, which ultimately contributed to the global financial crisis. It also examines the roll of financial innovation in regard to the Lehman Brothers Mini-Bond in Hung and its role as a driving force behind China＇s newly emerging shadow banking sector. It concludes with a policy recommendation and its implication for China＇s continued economic development.
文摘Innovation is the source of modem enterprise profit, is also the fundamental driving force for enterprise development. With the rapid development of knowledge economy, the private economy is more and more important in our national economy. Private enterprises become the main body of the market economy, at the same time, private enterprises in stabling economic growth, promoting international trade, promoting technological progress, reducing unemployment plays a positive role which cannot be substituted. However, private enterprises are existence problems such as lack of innovation resources, and inadequate innovation ability. Therefore, the private enterprise has important practical significance to studying the technological innovation project.
文摘In recent years, many countries implement the TBT in the export trade practice of agricultural products, which has greatly positive influence on the Chinese agricultural products export enterprise. On the basis of green technical innovation concept, the paper had determined the enterprise green technical innovation motivation mechanism, analyzed the influence of TBT on green technical innovation of the enterprise, and integrated Chinese reality to analyze the influence of TBT on green technical innovation of Chinese agricultural enterprise. Finally, based on the above analysis, the paper proposed corresponding suggestions to the Chinese government.
