This study examines the influencing factors of rural tourism in promoting shared prosperity among households,using the case study of Yinan County in Shandong province,China.The research aims to provide insights into t...This study examines the influencing factors of rural tourism in promoting shared prosperity among households,using the case study of Yinan County in Shandong province,China.The research aims to provide insights into the economic benefits experienced by low-income households in the context of rural tourism development.Based on field research conducted from April 8,2023,to May 17,2023,including interviews and site visits,the study constructs an evaluation index system to assess the influencing factors.Through expert scoring and the application of a weighted set-valued mathematical statistical model,the importance and quantification of each factor are determined.The results indicate that the current stage of promoting shared prosperity through rural tourism in Yinan County is primarily influenced by the scale of tourist consumption of external visitors.This factor outweighs others such as the participation capacity and willingness of low-income households,the capacity of investment enterprises,and the policies and financial allocation of the local government.The findings emphasize the significance of external visitor spending and highlight the need to address the obstacles faced by low-income households in accessing economic benefits.The evaluation index system and measurement model presented in this study offer a scientific basis for assessing and improving the income situation of low-income households in rural tourism development initiatives.However,it is crucial to note that the importance of these influencing factors may evolve with the lifecycle of the tourism destination.Future research should include long-term tracking and consider a broader range of indicators to deepen our understanding of their mechanisms and significance.Furthermore,alternative approaches and theories may provide valuable perspectives for further exploration in this field.展开更多
“New Era,Shared Future.”On November5th,the first China International Import Expo(hereafter referred as CIIE)was grandly opened.With a total exhibition area of300,000square meters,the first session of the CIIE attrac...“New Era,Shared Future.”On November5th,the first China International Import Expo(hereafter referred as CIIE)was grandly opened.With a total exhibition area of300,000square meters,the first session of the CIIE attracted more than3,600companies from172countries,regions and international organizations,and over400,000purchasers from China as well as overseas to explore business deals.展开更多
Bike-share systems have been installed in cities worldwide as a way to attract travelers to use transit rather than the automobile. This has been proved to be an effective way of mitigating congestion on the road. The...Bike-share systems have been installed in cities worldwide as a way to attract travelers to use transit rather than the automobile. This has been proved to be an effective way of mitigating congestion on the road. The objective of this study is to develop a method to determine the size of the bike-share program in terms of the number of bicycles, the number and location of the stations, the number of docks at each station. To achieve the objectives of this study, a literature review was conducted on university bike-sharing systems in the U.S. and abroad. Various cases of bike-share programs were analyzed, in which each case consisted of a different number and location of bike-share stations. The demand corresponding to these stations was used as the input to a simulation model developed in this study to determine the number of docks in stations and bicycles in the system on and around campus at UNLV. These sizing parameters of the bike-share system then were used in a cost and benefit analysis to determine which cases could achieve maximum benefit, given a limitation of the initial costs. It was found that provision of one peripheral station and three internal stations at strategic locations provide relatively higher benefit cost ratio at lower initial cost.展开更多
Many public and private sector projects, such as hydropower dams or mines, trigger forced population displacement but fail to resettle people sustainably and instead cause their impoverishment. Social science research...Many public and private sector projects, such as hydropower dams or mines, trigger forced population displacement but fail to resettle people sustainably and instead cause their impoverishment. Social science research has found that one root cause of such failures and of impoverishment is asset dispossession and the insufficient financing of resettlement. Most governments, however, state that (1) compensation alone is sufficient for restoring the income and livelihood of those displaced, and (2) resources to supplement compensation with additional financing are not available. The author critiques and rejects these positions. He offers a theoretical analysis of the limits and flaws of compensation payments for expropriated assets, and argues that resources are available for supplementing compensation with financial investments for resettlers’ development. The sources for supplementary financing are the economic rent (windfall profits) generated by natural resource projects such as hydropower or mining and the regular stream of benefits generated by all projects that require resettlement. Further, the author argues that financial investments in resettlers’ welfare are indispensable and that benefit sharing is feasible. Therefore, both should become basic principles of resettlement legislation and practice. In addition to theoretical analysis, the author documents with empirical evidence that some countries (China, Brazil, Canada, Columbia and Japan) already make investments additional to compensation for post-displacement reconstruction. The author sums up his argument in these key points: (1).Compensation alone cannot prevent the impoverishment of resettlers and cannot in itself restore and improve their livelihoods; (2).Additional financing is needed for direct investments in resettlement with development; (3).Compensation levels must be increased; (4).Financing resources are available in most cases for investing in resettlers’ development, but allocation of investments depends on the political will of governments and project owners; (5).Firm opposition to displacement and under-compensation is growing in many countries and the strength of resettlers’ demands and political opposition does influence allocation levels; (6).Mechanisms for benefit sharing and transfer are known and effective and these mechanisms can be adjusted to different country and economic sector conditions; (7).The introduction of benefit-sharing rules requires legislative enactment for robust application.展开更多
Transnational benefit sharing from the exploitation of Marine Genetic Resources’ (MGR’s) in Areas Beyond National Jurisdiction (ABNJ) presents a unique problem in international law. Proposals to govern MGR’s in ABN...Transnational benefit sharing from the exploitation of Marine Genetic Resources’ (MGR’s) in Areas Beyond National Jurisdiction (ABNJ) presents a unique problem in international law. Proposals to govern MGR’s in ABNJ include leaving them unregulated, governance under the International Seabed Authority (ISA) or the Convention on Biological Diversity (CBD) or implementing a new international regime. This paper demonstrates that a hybrid solution for MGR governance?under the ISA which is modeled on the CBD and The Nagoya Protocol (Nagoya), provides the most adroit solution to the problem of equal benefit and access to MGR’s for all States. This solution ensures adequate conservation of MGR’s, meanwhile fostering sustainable exploitation and maintaining equality in access, biodiversity and the sharing of financial and technological benefits amongst the internationalcommunity. Further, examining benefit sharing from bioprospecting under the CBD and Nagoya provides a foundation for a benefit-sharing regime in ABNJ under The United Nations Convention on the Law of the Sea (UNCLOS). Examining the CBD, Nagoya and UNCLOS demonstrates how benefits arising from exploitation of MGR’s in the high seas and deep bed should be included as a mandate of the ISA. This methodology is accomplished by focusing on bioprospecting for MGR’s and how the CBD and Nagoya facilitate access to the resource while ensuring that the host State or community benefits from granting access. As the CBD and Nagoya focus on benefit sharing in light of national sovereignty, and UNCLOS regulates in areas beyond national jurisdiction, the ISA is perfectly placed to adopt the principles of the CBD and Nagoya and provide a mechanism to ensure that MGR’s in ABNJ are adequately conserved and the benefits arising from their exploitation equitably shared.展开更多
To promote the reconstruction and optimization of the global value chains(GVCs),it is essential to tackle the prominent contradictions and problems including inequality of opportunity and status in the evolution of th...To promote the reconstruction and optimization of the global value chains(GVCs),it is essential to tackle the prominent contradictions and problems including inequality of opportunity and status in the evolution of the GVC division of labor.The Belt and Road Initiative(BRI)promoted by China has obtained remarkable achievements in this regard;however,there lacks sound theoretical and empirical evidence as to whether the BRI has driven the GVCs to develop towards a more equitable direction.This paper employs the difference-in-differences model to empirically analyze the GVC optimization effect of the BRI.In addition,on the basis of the so-called“five-pronged approach”index,the paper uses the mediating effect model to test the mechanism of influence.The empirical results suggest that the BRI has helped participating countries along the routes to increase their position in GVC division of labor significantly through the mediating mechanism of four out of the“five-pronged approach”,namely policy coordination,road connectivity,unimpeded trade,and currency convertibility.The strengthening of and closer people-to-people ties has not yet appeared to be an effective mediator,and a possible explanation may be that its influence is indirect and lagging.展开更多
We examine the economics of royalties in bioprospecting contracts between a pharmaceutical and genetic resource supplier (local), with an eye to understanding the relative advantages of indexing royalty payments to gr...We examine the economics of royalties in bioprospecting contracts between a pharmaceutical and genetic resource supplier (local), with an eye to understanding the relative advantages of indexing royalty payments to gross revenue or net revenue. We show a risk-averse f irm facing only production or only cost risks will index royalties to net revenue. When facing both types of risk, the choice of royalty type depends on the relative magnitudes of the pro-duction and cost risk. In each case, the risk-averse f irm chooses the royalty-type that shifts as much risk as possible to the local. When the local is risk neutral, the pharmaceutical's and local's preferences are compatible. If the local is risk averse and there is only one type of risk, it will prefer a gross revenue royalty, and shift as much risk as pos-sible to the fi rm: here the local and fi rm preferences are compatible only if the fi rm is risk-neutral. Lastly, we show if the f irm sets the terms of the contract, and both agents are risk averse, the f irm will not likely volunteer to imple-ment the socially optimal royalty arrangement as it prefers to shift as much risk to the local, who now also prefers a more certain return. This last outcome is at the heart of the benef it sharing discussion and suggests if risk sharing and equity are a concern in benef it sharing, then the choice of royalty type can be an important part of negotiations between pharmaceuticals and locals for the phytochemical from nature for new drug discovery.展开更多
By analyzing block share transfers in China during 1999-2006,this study provides estimates of the private benefits of corporate control in China.We find that those controlling blocks are usually priced at a significan...By analyzing block share transfers in China during 1999-2006,this study provides estimates of the private benefits of corporate control in China.We find that those controlling blocks are usually priced at a significant positive premium compared to those comparable non-controlling blocks.The benefits of corporate control vary with shareholders structure,firm characteristics and institutional variables.In particular,targets with a high intangible asset ratio have less benefits of control,cross-listing in B or H shares curbs the extract of private benefits and companies acquired by private firms are associated with higher private benefits.Moreover,it is found that benefits of control are negatively associated with market economy and factor market development index.We argue that firms with higher private benefits experience more tunneling activities by their controlling shareholders.展开更多
基金This research is supported by the National Social Science Fund of China(Grant No.21BGL150).
文摘This study examines the influencing factors of rural tourism in promoting shared prosperity among households,using the case study of Yinan County in Shandong province,China.The research aims to provide insights into the economic benefits experienced by low-income households in the context of rural tourism development.Based on field research conducted from April 8,2023,to May 17,2023,including interviews and site visits,the study constructs an evaluation index system to assess the influencing factors.Through expert scoring and the application of a weighted set-valued mathematical statistical model,the importance and quantification of each factor are determined.The results indicate that the current stage of promoting shared prosperity through rural tourism in Yinan County is primarily influenced by the scale of tourist consumption of external visitors.This factor outweighs others such as the participation capacity and willingness of low-income households,the capacity of investment enterprises,and the policies and financial allocation of the local government.The findings emphasize the significance of external visitor spending and highlight the need to address the obstacles faced by low-income households in accessing economic benefits.The evaluation index system and measurement model presented in this study offer a scientific basis for assessing and improving the income situation of low-income households in rural tourism development initiatives.However,it is crucial to note that the importance of these influencing factors may evolve with the lifecycle of the tourism destination.Future research should include long-term tracking and consider a broader range of indicators to deepen our understanding of their mechanisms and significance.Furthermore,alternative approaches and theories may provide valuable perspectives for further exploration in this field.
文摘“New Era,Shared Future.”On November5th,the first China International Import Expo(hereafter referred as CIIE)was grandly opened.With a total exhibition area of300,000square meters,the first session of the CIIE attracted more than3,600companies from172countries,regions and international organizations,and over400,000purchasers from China as well as overseas to explore business deals.
文摘Bike-share systems have been installed in cities worldwide as a way to attract travelers to use transit rather than the automobile. This has been proved to be an effective way of mitigating congestion on the road. The objective of this study is to develop a method to determine the size of the bike-share program in terms of the number of bicycles, the number and location of the stations, the number of docks at each station. To achieve the objectives of this study, a literature review was conducted on university bike-sharing systems in the U.S. and abroad. Various cases of bike-share programs were analyzed, in which each case consisted of a different number and location of bike-share stations. The demand corresponding to these stations was used as the input to a simulation model developed in this study to determine the number of docks in stations and bicycles in the system on and around campus at UNLV. These sizing parameters of the bike-share system then were used in a cost and benefit analysis to determine which cases could achieve maximum benefit, given a limitation of the initial costs. It was found that provision of one peripheral station and three internal stations at strategic locations provide relatively higher benefit cost ratio at lower initial cost.
文摘Many public and private sector projects, such as hydropower dams or mines, trigger forced population displacement but fail to resettle people sustainably and instead cause their impoverishment. Social science research has found that one root cause of such failures and of impoverishment is asset dispossession and the insufficient financing of resettlement. Most governments, however, state that (1) compensation alone is sufficient for restoring the income and livelihood of those displaced, and (2) resources to supplement compensation with additional financing are not available. The author critiques and rejects these positions. He offers a theoretical analysis of the limits and flaws of compensation payments for expropriated assets, and argues that resources are available for supplementing compensation with financial investments for resettlers’ development. The sources for supplementary financing are the economic rent (windfall profits) generated by natural resource projects such as hydropower or mining and the regular stream of benefits generated by all projects that require resettlement. Further, the author argues that financial investments in resettlers’ welfare are indispensable and that benefit sharing is feasible. Therefore, both should become basic principles of resettlement legislation and practice. In addition to theoretical analysis, the author documents with empirical evidence that some countries (China, Brazil, Canada, Columbia and Japan) already make investments additional to compensation for post-displacement reconstruction. The author sums up his argument in these key points: (1).Compensation alone cannot prevent the impoverishment of resettlers and cannot in itself restore and improve their livelihoods; (2).Additional financing is needed for direct investments in resettlement with development; (3).Compensation levels must be increased; (4).Financing resources are available in most cases for investing in resettlers’ development, but allocation of investments depends on the political will of governments and project owners; (5).Firm opposition to displacement and under-compensation is growing in many countries and the strength of resettlers’ demands and political opposition does influence allocation levels; (6).Mechanisms for benefit sharing and transfer are known and effective and these mechanisms can be adjusted to different country and economic sector conditions; (7).The introduction of benefit-sharing rules requires legislative enactment for robust application.
文摘Transnational benefit sharing from the exploitation of Marine Genetic Resources’ (MGR’s) in Areas Beyond National Jurisdiction (ABNJ) presents a unique problem in international law. Proposals to govern MGR’s in ABNJ include leaving them unregulated, governance under the International Seabed Authority (ISA) or the Convention on Biological Diversity (CBD) or implementing a new international regime. This paper demonstrates that a hybrid solution for MGR governance?under the ISA which is modeled on the CBD and The Nagoya Protocol (Nagoya), provides the most adroit solution to the problem of equal benefit and access to MGR’s for all States. This solution ensures adequate conservation of MGR’s, meanwhile fostering sustainable exploitation and maintaining equality in access, biodiversity and the sharing of financial and technological benefits amongst the internationalcommunity. Further, examining benefit sharing from bioprospecting under the CBD and Nagoya provides a foundation for a benefit-sharing regime in ABNJ under The United Nations Convention on the Law of the Sea (UNCLOS). Examining the CBD, Nagoya and UNCLOS demonstrates how benefits arising from exploitation of MGR’s in the high seas and deep bed should be included as a mandate of the ISA. This methodology is accomplished by focusing on bioprospecting for MGR’s and how the CBD and Nagoya facilitate access to the resource while ensuring that the host State or community benefits from granting access. As the CBD and Nagoya focus on benefit sharing in light of national sovereignty, and UNCLOS regulates in areas beyond national jurisdiction, the ISA is perfectly placed to adopt the principles of the CBD and Nagoya and provide a mechanism to ensure that MGR’s in ABNJ are adequately conserved and the benefits arising from their exploitation equitably shared.
基金supported by the General Project of the National Social Science Fund of China“Research on the Impact of Trade Friction on Global Industrial Chain Transfer and Countermeasures”(Grant No.20BJY002).
文摘To promote the reconstruction and optimization of the global value chains(GVCs),it is essential to tackle the prominent contradictions and problems including inequality of opportunity and status in the evolution of the GVC division of labor.The Belt and Road Initiative(BRI)promoted by China has obtained remarkable achievements in this regard;however,there lacks sound theoretical and empirical evidence as to whether the BRI has driven the GVCs to develop towards a more equitable direction.This paper employs the difference-in-differences model to empirically analyze the GVC optimization effect of the BRI.In addition,on the basis of the so-called“five-pronged approach”index,the paper uses the mediating effect model to test the mechanism of influence.The empirical results suggest that the BRI has helped participating countries along the routes to increase their position in GVC division of labor significantly through the mediating mechanism of four out of the“five-pronged approach”,namely policy coordination,road connectivity,unimpeded trade,and currency convertibility.The strengthening of and closer people-to-people ties has not yet appeared to be an effective mediator,and a possible explanation may be that its influence is indirect and lagging.
文摘We examine the economics of royalties in bioprospecting contracts between a pharmaceutical and genetic resource supplier (local), with an eye to understanding the relative advantages of indexing royalty payments to gross revenue or net revenue. We show a risk-averse f irm facing only production or only cost risks will index royalties to net revenue. When facing both types of risk, the choice of royalty type depends on the relative magnitudes of the pro-duction and cost risk. In each case, the risk-averse f irm chooses the royalty-type that shifts as much risk as possible to the local. When the local is risk neutral, the pharmaceutical's and local's preferences are compatible. If the local is risk averse and there is only one type of risk, it will prefer a gross revenue royalty, and shift as much risk as pos-sible to the fi rm: here the local and fi rm preferences are compatible only if the fi rm is risk-neutral. Lastly, we show if the f irm sets the terms of the contract, and both agents are risk averse, the f irm will not likely volunteer to imple-ment the socially optimal royalty arrangement as it prefers to shift as much risk to the local, who now also prefers a more certain return. This last outcome is at the heart of the benef it sharing discussion and suggests if risk sharing and equity are a concern in benef it sharing, then the choice of royalty type can be an important part of negotiations between pharmaceuticals and locals for the phytochemical from nature for new drug discovery.
文摘By analyzing block share transfers in China during 1999-2006,this study provides estimates of the private benefits of corporate control in China.We find that those controlling blocks are usually priced at a significant positive premium compared to those comparable non-controlling blocks.The benefits of corporate control vary with shareholders structure,firm characteristics and institutional variables.In particular,targets with a high intangible asset ratio have less benefits of control,cross-listing in B or H shares curbs the extract of private benefits and companies acquired by private firms are associated with higher private benefits.Moreover,it is found that benefits of control are negatively associated with market economy and factor market development index.We argue that firms with higher private benefits experience more tunneling activities by their controlling shareholders.