我国财政支出的收入分配风险探析

通过构建财政支出收入分配风险指标体系,利用我国1985—2008的数据进行实证研究后发现,我国财政支出收入分配风险程度还比较低,但有逐渐加大的趋势;风险主要来源于收入差距扩大的现状和宏观经济环境指标。在此基础上,用排序选择分析方法分析财政支出主要项目对收入分配风险程度的影响,其主要结论是:支农支出比重的提高有助于降低收入分配风险程度;教育支出、医疗卫生支出和社会保障支出比重提高反而会增加收入分配风险程度;工交商事业费和国防费支出对改善收入分配状况有明显促进作用;基本建设支出、行政管理费支出和政策性补贴支出对降低收入分配风险有促进作用,但效果还不明显。

企业收入分配风险的期权控制策略

通常认为在企业的收入分配环节中不存在财务风险 ,但实际上企业存在因收入分配不当所导致的长期经营业绩下降的风险。经理股票期权作为一种企业长期激励机制 。

试析我国财政支出的收入分配风险

本文主要通过对财政支出收入分配风险体系的构建，根据对相关数据的研究发现我国财政支出的收入分配风险不高，但是存在加大的趋势，风险主要来源于宏观经济环境指标和收入差距的不断扩大。分析了在财政支出的主要项目对收入分配风险的影响，最后提出了对财政支出进行调整可以降低收入分配的风险。

A Brief Analysis on Risk allocation for Public-Private Partnership Projects in China

Public-Private Partnership （PPP） financing modalily has the ability of alleviating the budgetary pressure to the government. fulfilling the need of infrastructure development, and improving the efficiency of investment and operation. However, the negotiations between the government and the investors are time-consuming and costly, due to the perspective differences in risk allocation and revenue distribution. Disputes often arise during concession period because of changes in various risks or non-performance of its obligalions, especially when one sector was forced to accept the requirements by the other as a result of the unequal status, the project urgency or other reasons. Only a few PPP projects in China could perform successfully. There is therefore a need to develop an equitable risk allocation mechanism for the delivery of PPP projects in China so as to improve the efficiency of private investment in infrastructure development.