The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the tr...The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the trend of output values in the manufacturing industry.However,only a few statistical modellings have been established to investigate such associations.This study developed the correlation coefficient model and generalized linear model(GLM)to measure the single and interactive effects of the internal drivers on the changes of the output values.For the GLM,different predictive variables were developed to fit into the dataset,and the performance of the models were compared using fitness parameters.Furthermore,an industry survey dataset for 1,180 manufacturing enterprises in 2020 was used to validate the models.The use of the GLM combining land area,number of employees,scientific research input,and labor productivity may have a great potential to bolster capacity in monitoring and predicting the trend of output values in the manufacture industry.展开更多
The purpose of this paper is to test the applicability of the ＂financial ac- celerator＂ mechanism to China. Using the Chinese Industrial Enterprises Database, we find strong evidence suggesting that the employment a...The purpose of this paper is to test the applicability of the ＂financial ac- celerator＂ mechanism to China. Using the Chinese Industrial Enterprises Database, we find strong evidence suggesting that the employment and investment of leveraged firms are less responsive to aggregate fluctuations. This finding goes against the im- plications of the ＂financial accelerator＂. To make sure our empirical result is reliable, we have done several robustness checks using different estimation methods and sub- samples.展开更多
China began absorbing FDI towards the end of the 1970s. By the end of 2002, China had approved the establishment of 424,196 foreign-invested enterprises, involving a total contractual volume of US$ 828.06 billion, 447...China began absorbing FDI towards the end of the 1970s. By the end of 2002, China had approved the establishment of 424,196 foreign-invested enterprises, involving a total contractual volume of US$ 828.06 billion, 447.966 billion of which were put into actual use.The probability of transnational corporations monopolizing the market of a host country and their important position in certain industries in China have prompted many to ask: Will transnational corporations展开更多
“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction ind...“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction industry using questionnaire investigation. The exit barrier was classified into six categories, and then the categories were ranked and analyzed according to the respondents from the state-owned enterprises (SOEs) and non state-owned enterprises (NSOEs), respectively. The main obstacles related to the exit barrier in SOEs and NSOEs were revealed. Finally, suggestions were provided to diminish the exit barrier effect on the construction industry.展开更多
In recent years,with China’s accelerated implementation of the'going out'strategy and promotion of the'Belt and Road'construction and development,Chinese enterprises have grown rapidly and achieved br...In recent years,with China’s accelerated implementation of the'going out'strategy and promotion of the'Belt and Road'construction and development,Chinese enterprises have grown rapidly and achieved breakthroughs in terms of overseas investment in copper industries and overseas development of copper resources that are in short supply in China.展开更多
文摘The manufacturing industry is an important pillar of the national economy.It is of vital importance to develop statistical modellings in order to quantify the relationship between potential internal drivers and the trend of output values in the manufacturing industry.However,only a few statistical modellings have been established to investigate such associations.This study developed the correlation coefficient model and generalized linear model(GLM)to measure the single and interactive effects of the internal drivers on the changes of the output values.For the GLM,different predictive variables were developed to fit into the dataset,and the performance of the models were compared using fitness parameters.Furthermore,an industry survey dataset for 1,180 manufacturing enterprises in 2020 was used to validate the models.The use of the GLM combining land area,number of employees,scientific research input,and labor productivity may have a great potential to bolster capacity in monitoring and predicting the trend of output values in the manufacture industry.
文摘The purpose of this paper is to test the applicability of the ＂financial ac- celerator＂ mechanism to China. Using the Chinese Industrial Enterprises Database, we find strong evidence suggesting that the employment and investment of leveraged firms are less responsive to aggregate fluctuations. This finding goes against the im- plications of the ＂financial accelerator＂. To make sure our empirical result is reliable, we have done several robustness checks using different estimation methods and sub- samples.
文摘China began absorbing FDI towards the end of the 1970s. By the end of 2002, China had approved the establishment of 424,196 foreign-invested enterprises, involving a total contractual volume of US$ 828.06 billion, 447.966 billion of which were put into actual use.The probability of transnational corporations monopolizing the market of a host country and their important position in certain industries in China have prompted many to ask: Will transnational corporations
文摘“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction industry using questionnaire investigation. The exit barrier was classified into six categories, and then the categories were ranked and analyzed according to the respondents from the state-owned enterprises (SOEs) and non state-owned enterprises (NSOEs), respectively. The main obstacles related to the exit barrier in SOEs and NSOEs were revealed. Finally, suggestions were provided to diminish the exit barrier effect on the construction industry.
文摘In recent years,with China’s accelerated implementation of the'going out'strategy and promotion of the'Belt and Road'construction and development,Chinese enterprises have grown rapidly and achieved breakthroughs in terms of overseas investment in copper industries and overseas development of copper resources that are in short supply in China.
