Decentralization is a global phenomenon,but growth is not.The economic relationship between central and local governments is an important yet unresolved question in China’s economic development.As a large country wit...Decentralization is a global phenomenon,but growth is not.The economic relationship between central and local governments is an important yet unresolved question in China’s economic development.As a large country with unbalanced political and economic development,China is faced with unbalanced and inadequate development as the primary constraint to meeting people’s ever-growing needs for a better life.The Communist Party of China(CPC)has been exploring to mobilize the initiatives of both central and local governments.During the planned economy era,China experienced a few rounds of centralization of economic powers but failed to strike a balance in maximizing the initiatives of both central and local governments.After the reform and opening up policy enacted in 1978,China’s central and local governments have succeeded in combining economic decentralization with administrative decentralization.China’s central government,local governments and enterprises have become resource allocation entities.China’s economic growth miracle has been driven by promoting the initiatives of central and local governments.Entering the new era,the central-local economic relationship represents an institutional strength of concentrating resources to accomplish great undertakings and leveraging the initiatives of both central and local governments.With the principal contradiction facing China’s development shifted into one between people’s growing needs for a better life and unbalanced and inadequate development,the management of central and local government relationship has taken on greater theoretical significance and salient implications in the new era.展开更多
In the post-pandemic era,the global economic and security landscapes are fraught with complexities and uncertainties.Among them,four risk flashpoints merit attention:Certain countries are raising interest rates to sub...In the post-pandemic era,the global economic and security landscapes are fraught with complexities and uncertainties.Among them,four risk flashpoints merit attention:Certain countries are raising interest rates to subdue inflation,despite their already high levels of debt;the bulk commodities market is experiencing volatility,leading to global turbulence and change;trade protectionism is at the forefront of major-power rivalry in political and economic spheres;and regional security crises are compounding international tensions.Behind those flashpoints are contradictions that obstruct world peace and progress,including development imbalances,governance gaps,and structural tensions in global security.In the face of uncertainties,it is crucial for China to seize strategic opportunities and transform crises into favorable situations.China has launched the Global Development Initiative(GDI)and the Global Security Initiative(GSI)to contribute to global prosperity and security.The two initiatives demonstrate China’s commitment to addressing global deficits in peace,development,security,and governance.展开更多
Based on the governing equations and the equivalent models, we propose an equivalent transformation relationships between a plane wave in a one-dimensional medium and a spherical wave in globular geometry with radiall...Based on the governing equations and the equivalent models, we propose an equivalent transformation relationships between a plane wave in a one-dimensional medium and a spherical wave in globular geometry with radially inhomogeneous properties. These equivalent relationships can help us to obtain the analytical solutions of the elastodynamic issues in an inhomogeneous medium. The physical essence of the presented equivalent transformations is the equivalent relationships between the geometry and the material properties. It indicates that the spherical wave problem in globular geometry can be transformed into the plane wave problem in the bar with variable property fields, and its inverse transformation is valid as well. Four different examples of wave motion problems in the inhomogeneous media are solved based on the presented equivalent relationships. We obtain two basic analytical solution forms in Examples I and II, investigate the reflection behavior of inhomogeneous half-space in Example III, and exhibit a special inhomogeneity in Example IV, which can keep the traveling spherical wave in constant amplitude. This study implies that our idea makes solving the associated problem easier.展开更多
Tax sharing embodies central-local government fiscal relations and tax rates reflect government-market relations.Research on the interactions between tax sharing and tax rates helps uncover the effects of central-loca...Tax sharing embodies central-local government fiscal relations and tax rates reflect government-market relations.Research on the interactions between tax sharing and tax rates helps uncover the effects of central-local fiscal relations on government-market relations.According to our study,China's flexible tax sharing and differential tax rates facing firms are two important typical facts;theoretical analysis discovered that effective corporate tax rates are influenced by local government preferences and tax sharing ratio;empirical analysis found that increasing CIT and VAT sharing ratios for governments at city and county levels led to the reduction of tax evasion and increase of effective tax rates.The above conclusions have revealed the unique mechanism of how government-market relations are influenced by fiscal system,explains the sources of differential tax rates facing Chinese firms,and provides reference for next-step fiscal reform.展开更多
This article addresses the concern of export performance among Moroccan SMEs through the paradigmatic lens of the resource based view (RBV) and international relationship marketing. Limited research exists on relati...This article addresses the concern of export performance among Moroccan SMEs through the paradigmatic lens of the resource based view (RBV) and international relationship marketing. Limited research exists on relational determinants of export performance, especially in developing countries. Furthermore, literature has been dominated during the last decade by the economic perspective. Yet, an increased attention has turned to the RBV as well as the relational perspective. Highlighting this gap, the study aims two objectives: First, to understand the scope and the nature of relational determinants, deemed as key resources, of export performance. Second, to examine which other internal and market factors are intervening as significant antecedents of the relational factors Drawing from a literature review outcomes and an in-depth interview endeavor conducted among 20 exporting firms' managers, a conceptual framework has been proposed. It's argued that exporting finns would reach great export performance by fostering successful cross-border inter-firm relationships. More specifically, the study highlight three main relational constructs, namely contractual governance, relational governance, and relationship performance. Linguistic abilities, attitude toward risk and export experience are suggested as managerial antecedents. While competitive intensity and market uncertainty are supposed to intervene as external antecedents Several hypotheses are suggested. The unit of analysis is a selected export venture. A further inquiry of the overall study is to offer hypotheses test throughout quantitative survey展开更多
This paper is an empirical analysis of provisional unrestricted level relationship between Nigerian domestic output measured by Gross Domestic Product (GDP) and government spending proxied by capital and recurrent exp...This paper is an empirical analysis of provisional unrestricted level relationship between Nigerian domestic output measured by Gross Domestic Product (GDP) and government spending proxied by capital and recurrent expenditures in the presence of static regressors such as crude oil prices and federal government retained revenues. We estimate an ARDL (1,0,1) using a single-equation approach. Results show that government expenditures have negative but statistically insignificant effects on domestic output in the long-run. Similarly, negative short run effects are established amongst the variables. However, recurrent expenditure is statistically significant in the short-run. Whilst federal government retained revenue has a positive and significant effect, crude oil price exhibited negative relationships with domestic output both at level and in the short-run dynamics. Also a high speed of adjustment implies that Nigerian Gross Domestic Product is extremely sensitive to shocks on the government spending in the long-run. An upward trend forecast between 2014 and 2020 is an indication of the continued positive impact and the government retained revenue will exert on the domestic output in the long-run.展开更多
基金the major project of the National Social Science Fund of China(NSSFC)(Grant No.2019MZ019)the major project of philosophical and social science research of the Ministry of Education(Grant No.17DZJ011).
文摘Decentralization is a global phenomenon,but growth is not.The economic relationship between central and local governments is an important yet unresolved question in China’s economic development.As a large country with unbalanced political and economic development,China is faced with unbalanced and inadequate development as the primary constraint to meeting people’s ever-growing needs for a better life.The Communist Party of China(CPC)has been exploring to mobilize the initiatives of both central and local governments.During the planned economy era,China experienced a few rounds of centralization of economic powers but failed to strike a balance in maximizing the initiatives of both central and local governments.After the reform and opening up policy enacted in 1978,China’s central and local governments have succeeded in combining economic decentralization with administrative decentralization.China’s central government,local governments and enterprises have become resource allocation entities.China’s economic growth miracle has been driven by promoting the initiatives of central and local governments.Entering the new era,the central-local economic relationship represents an institutional strength of concentrating resources to accomplish great undertakings and leveraging the initiatives of both central and local governments.With the principal contradiction facing China’s development shifted into one between people’s growing needs for a better life and unbalanced and inadequate development,the management of central and local government relationship has taken on greater theoretical significance and salient implications in the new era.
基金supported by the key project of the National Social Science Fund of China(NSSFC):“Study on China-Russia Strategic Partnership for the New Era”(Grant No.20AGJ012).
文摘In the post-pandemic era,the global economic and security landscapes are fraught with complexities and uncertainties.Among them,four risk flashpoints merit attention:Certain countries are raising interest rates to subdue inflation,despite their already high levels of debt;the bulk commodities market is experiencing volatility,leading to global turbulence and change;trade protectionism is at the forefront of major-power rivalry in political and economic spheres;and regional security crises are compounding international tensions.Behind those flashpoints are contradictions that obstruct world peace and progress,including development imbalances,governance gaps,and structural tensions in global security.In the face of uncertainties,it is crucial for China to seize strategic opportunities and transform crises into favorable situations.China has launched the Global Development Initiative(GDI)and the Global Security Initiative(GSI)to contribute to global prosperity and security.The two initiatives demonstrate China’s commitment to addressing global deficits in peace,development,security,and governance.
基金Scientific Research Fund of Institute of Engineering Mechanics,China Earthquake Administration under Grant No.2017QJGJ06the National Science and Technology Pillar Program under Grant No.2015BAK17B06+2 种基金the Earthquake Industry Special Science Research Foundation Project under Grant No.201508026-02the Fundamental Research Funds for the Central Universities under Grant No.HEUCF170202the program for Innovative Research Team in China Earthquake Administration
文摘Based on the governing equations and the equivalent models, we propose an equivalent transformation relationships between a plane wave in a one-dimensional medium and a spherical wave in globular geometry with radially inhomogeneous properties. These equivalent relationships can help us to obtain the analytical solutions of the elastodynamic issues in an inhomogeneous medium. The physical essence of the presented equivalent transformations is the equivalent relationships between the geometry and the material properties. It indicates that the spherical wave problem in globular geometry can be transformed into the plane wave problem in the bar with variable property fields, and its inverse transformation is valid as well. Four different examples of wave motion problems in the inhomogeneous media are solved based on the presented equivalent relationships. We obtain two basic analytical solution forms in Examples I and II, investigate the reflection behavior of inhomogeneous half-space in Example III, and exhibit a special inhomogeneity in Example IV, which can keep the traveling spherical wave in constant amplitude. This study implies that our idea makes solving the associated problem easier.
基金the financial assistance of the Young Social Sciences Talent Sponsorship Program of Beijing Social Sciences Federation(Grant No.QNRC201620)National Natural Sciences Foundation Program(Grant No.71573038)Youth Program of National Natural Sciences Foundation(Grant No.71403278)
文摘Tax sharing embodies central-local government fiscal relations and tax rates reflect government-market relations.Research on the interactions between tax sharing and tax rates helps uncover the effects of central-local fiscal relations on government-market relations.According to our study,China's flexible tax sharing and differential tax rates facing firms are two important typical facts;theoretical analysis discovered that effective corporate tax rates are influenced by local government preferences and tax sharing ratio;empirical analysis found that increasing CIT and VAT sharing ratios for governments at city and county levels led to the reduction of tax evasion and increase of effective tax rates.The above conclusions have revealed the unique mechanism of how government-market relations are influenced by fiscal system,explains the sources of differential tax rates facing Chinese firms,and provides reference for next-step fiscal reform.
文摘This article addresses the concern of export performance among Moroccan SMEs through the paradigmatic lens of the resource based view (RBV) and international relationship marketing. Limited research exists on relational determinants of export performance, especially in developing countries. Furthermore, literature has been dominated during the last decade by the economic perspective. Yet, an increased attention has turned to the RBV as well as the relational perspective. Highlighting this gap, the study aims two objectives: First, to understand the scope and the nature of relational determinants, deemed as key resources, of export performance. Second, to examine which other internal and market factors are intervening as significant antecedents of the relational factors Drawing from a literature review outcomes and an in-depth interview endeavor conducted among 20 exporting firms' managers, a conceptual framework has been proposed. It's argued that exporting finns would reach great export performance by fostering successful cross-border inter-firm relationships. More specifically, the study highlight three main relational constructs, namely contractual governance, relational governance, and relationship performance. Linguistic abilities, attitude toward risk and export experience are suggested as managerial antecedents. While competitive intensity and market uncertainty are supposed to intervene as external antecedents Several hypotheses are suggested. The unit of analysis is a selected export venture. A further inquiry of the overall study is to offer hypotheses test throughout quantitative survey
文摘This paper is an empirical analysis of provisional unrestricted level relationship between Nigerian domestic output measured by Gross Domestic Product (GDP) and government spending proxied by capital and recurrent expenditures in the presence of static regressors such as crude oil prices and federal government retained revenues. We estimate an ARDL (1,0,1) using a single-equation approach. Results show that government expenditures have negative but statistically insignificant effects on domestic output in the long-run. Similarly, negative short run effects are established amongst the variables. However, recurrent expenditure is statistically significant in the short-run. Whilst federal government retained revenue has a positive and significant effect, crude oil price exhibited negative relationships with domestic output both at level and in the short-run dynamics. Also a high speed of adjustment implies that Nigerian Gross Domestic Product is extremely sensitive to shocks on the government spending in the long-run. An upward trend forecast between 2014 and 2020 is an indication of the continued positive impact and the government retained revenue will exert on the domestic output in the long-run.