Based on social capital theory,related factors of three dimensions( structure dimension,cognition dimension and relation dimension) of farmer social capital are taken as independent variables,and famer's willingne...Based on social capital theory,related factors of three dimensions( structure dimension,cognition dimension and relation dimension) of farmer social capital are taken as independent variables,and famer's willingness to cooperatively supply agricultural disaster reduction public goods is taken as dependent variable. Taking 515 farmers in 27 villages of Hubei Province as investigation objects,the influence of farmer social capital on cooperative supply willingness of agricultural disaster reduction public goods is explored by Logistic regression model. Research results show that social solidarity,common value concept,social trust and reciprocal content have positive impact on farmer's willingness of cooperative supply,while annual household income,number of agricultural disaster reduction public goods and social network have negative impact on farmer's willingness of cooperative supply.展开更多
This study examined whether or not equity capital enhances the performance of listed consumer goods firms in Nigeria.The study purposively sampled fourteen(14)out of twenty-one(21)consumer goods firms listed on the Ni...This study examined whether or not equity capital enhances the performance of listed consumer goods firms in Nigeria.The study purposively sampled fourteen(14)out of twenty-one(21)consumer goods firms listed on the Nigerian Exchange Group Plc.The study used secondary sources to obtain panel data from the annual financial statements of the selected companies.Data sourced for were analyzed using random effects model and arithmetical means.Findings from the study revealed that the coefficient of share capital is positive(0.903050)and statistically significant(p=0.0099<0.05),but the beta value of retained earnings is negative(−0.683966)and significant(p=0.0023<0.05)for listed consumer goods firms in Nigeria.The average results found that 45%and 7%of total assets of the firms were financed by retained earnings and share capital respectively.The study confirmed that the appropriate mode of finance that could be considered for the effective performance of the firms in Nigeria is the share capital.The study concluded that share capital enhanced the performance of firms while the retained earnings did not in the country.The research recommended that the government of Nigeria should try to rebrand its dead local enterprises especially the affected consumer goods firms to enable them to attract more foreign investors into the country to enhance its economic growth.展开更多
Based on the theory of collective action and social capital theory,social capital is introduced into the game analysis of the supply of public goods between the rural elite and ordinary villagers.I establish the incom...Based on the theory of collective action and social capital theory,social capital is introduced into the game analysis of the supply of public goods between the rural elite and ordinary villagers.I establish the income model of public goods utility concerning the rural elite and ordinary villagers;research the incentive of social capital for the rural elite and villagers,and impact of social capital on the rural elite and villagers.Three inferences can be drawn from the model:the precondition for the elite to prompt the collective cooperation is having " good reputation" ;" good reputation" of the elite in the supply of public goods can abate farmers' motive of " free rider" ;the role of the elite in organizing the supply of public goods can save the transaction costs in the process of collective action.Taking the case of Shunhe Village,Panyu District,Guangzhou City,I explain this model.Finally,some policy recommendations are put forth as follows:rebuilding the community credit;giving full play to the role of the rural elite in the supply of public goods in rural areas.展开更多
This paper investigates the mechanism, scale, and development tendencies of capital flow between China's rural and urban areas over 35 years of reform and opening up. The following conclusions are reached. First, bet...This paper investigates the mechanism, scale, and development tendencies of capital flow between China's rural and urban areas over 35 years of reform and opening up. The following conclusions are reached. First, between 1978 and2012, the net capital flow from rural areas to urban areas through the fiscal and financial systems and the price scissors of industrial and agricultural goods amounted to RMB 26. 66 trillion (by 2012price level). Second, prior to 1994, the outflow of rural capital continued accelerating; starting from the late 1990s, the net outflow of rural capital slowed down but the overall scale remained significant. Third, the contributions by the three capital flow channels (the fiscal system, financial institutions, and the price scissors of agricultural and industrial products) to the net outflow of rural capital varied greatly across different historical periods: prior to the establishment of the market economic system (1978-1993), most of the rural capital left the countryside in the form of price scissors of agricultural and industrial goods; during the 15 years after the establishment of the market economic system in China (1994-2007), rural capital flowed into cities mainly through the fiscal system; with the market-oriented reform of the rural financial systems in recent years (2008-2012), financial institutions became a major channel for the extraction of rural capital. Based on our study, we believe that in the course of more than three decades of reform and opening up, China was in the stage of extracting rural capital and that the contemporary China should enter into a new stage of development by diverting resources to the countryside to support its development. Our recommendation is that the existing fiscal and financial policies be adjusted to boost fiscal spending on agriculture, farmers, and the countryside, and to establish an inclusive, modern rural financial system.展开更多
This research introduces a holistic framework called Design for Availablhty that uses me principles of Lean Sigma and Design for X to cost-effectively optimize the availability of capital goods (i.e., technical syste...This research introduces a holistic framework called Design for Availablhty that uses me principles of Lean Sigma and Design for X to cost-effectively optimize the availability of capital goods (i.e., technical systems used in the production of end-products or -services such as medical systems, airplanes, and manufacturing equipment) throughout their entire lifetime. Manufacturers require such a framework because users of capital goods increasingly insist on high system availability levels against reduced lifetime costs. The Design for Availability framework allows manufacturers to determine the current status of system availability and associated lifetime costs, and to identify opportunities to create additional value for themselves and their customers. A case study at a global manufacturer of capital goods in the food processing industry illustrates how the framework can be used in practice and to what extent the manufacturer and customers may profit from applying Design for Availability.展开更多
The main purpose of this paper is to explore the intermediary role of policy incentives and marine technological innovation in marine high-end human capital promoting marine knowledge innovation.Previous studies on th...The main purpose of this paper is to explore the intermediary role of policy incentives and marine technological innovation in marine high-end human capital promoting marine knowledge innovation.Previous studies on the impact of marine high-end human capital on marine knowledge innovation mainly focused on the direct impact of marine high-end human capital on marine knowledge innovation,while ignoring the role of intermediary variables.Based on 512 sample survey data from 138 organizations in 16 coastal cities of China,this paper uses structural equation model to examine the relationship between high-end human capital and policy incentives,technological innovation and marine knowledge innovation.The research shows that marine high-end human capital has an impact on marine knowledge innovation through policy incentives and marine technology innovation.Policy incentives and marine technology innovation play a full intermediary role in the relationship between marine high-end human capital and marine knowledge innovation.展开更多
基金Supported by National Natural Science Foundation Item(71373098)
文摘Based on social capital theory,related factors of three dimensions( structure dimension,cognition dimension and relation dimension) of farmer social capital are taken as independent variables,and famer's willingness to cooperatively supply agricultural disaster reduction public goods is taken as dependent variable. Taking 515 farmers in 27 villages of Hubei Province as investigation objects,the influence of farmer social capital on cooperative supply willingness of agricultural disaster reduction public goods is explored by Logistic regression model. Research results show that social solidarity,common value concept,social trust and reciprocal content have positive impact on farmer's willingness of cooperative supply,while annual household income,number of agricultural disaster reduction public goods and social network have negative impact on farmer's willingness of cooperative supply.
文摘This study examined whether or not equity capital enhances the performance of listed consumer goods firms in Nigeria.The study purposively sampled fourteen(14)out of twenty-one(21)consumer goods firms listed on the Nigerian Exchange Group Plc.The study used secondary sources to obtain panel data from the annual financial statements of the selected companies.Data sourced for were analyzed using random effects model and arithmetical means.Findings from the study revealed that the coefficient of share capital is positive(0.903050)and statistically significant(p=0.0099<0.05),but the beta value of retained earnings is negative(−0.683966)and significant(p=0.0023<0.05)for listed consumer goods firms in Nigeria.The average results found that 45%and 7%of total assets of the firms were financed by retained earnings and share capital respectively.The study confirmed that the appropriate mode of finance that could be considered for the effective performance of the firms in Nigeria is the share capital.The study concluded that share capital enhanced the performance of firms while the retained earnings did not in the country.The research recommended that the government of Nigeria should try to rebrand its dead local enterprises especially the affected consumer goods firms to enable them to attract more foreign investors into the country to enhance its economic growth.
文摘Based on the theory of collective action and social capital theory,social capital is introduced into the game analysis of the supply of public goods between the rural elite and ordinary villagers.I establish the income model of public goods utility concerning the rural elite and ordinary villagers;research the incentive of social capital for the rural elite and villagers,and impact of social capital on the rural elite and villagers.Three inferences can be drawn from the model:the precondition for the elite to prompt the collective cooperation is having " good reputation" ;" good reputation" of the elite in the supply of public goods can abate farmers' motive of " free rider" ;the role of the elite in organizing the supply of public goods can save the transaction costs in the process of collective action.Taking the case of Shunhe Village,Panyu District,Guangzhou City,I explain this model.Finally,some policy recommendations are put forth as follows:rebuilding the community credit;giving full play to the role of the rural elite in the supply of public goods in rural areas.
基金supported by the key project of the National Social Sciences Fund:Study on the Synchronized Development of Institutional Innovation for Agricultural Modernization.Industrialization,IT Application.and Urbanization(Grant No.13AZD003)the soft science project of the Ministry of Agriculture for 2014:Study on the New Price Scissors of Urban and Rural Areas(Grant No.D201415)
文摘This paper investigates the mechanism, scale, and development tendencies of capital flow between China's rural and urban areas over 35 years of reform and opening up. The following conclusions are reached. First, between 1978 and2012, the net capital flow from rural areas to urban areas through the fiscal and financial systems and the price scissors of industrial and agricultural goods amounted to RMB 26. 66 trillion (by 2012price level). Second, prior to 1994, the outflow of rural capital continued accelerating; starting from the late 1990s, the net outflow of rural capital slowed down but the overall scale remained significant. Third, the contributions by the three capital flow channels (the fiscal system, financial institutions, and the price scissors of agricultural and industrial products) to the net outflow of rural capital varied greatly across different historical periods: prior to the establishment of the market economic system (1978-1993), most of the rural capital left the countryside in the form of price scissors of agricultural and industrial goods; during the 15 years after the establishment of the market economic system in China (1994-2007), rural capital flowed into cities mainly through the fiscal system; with the market-oriented reform of the rural financial systems in recent years (2008-2012), financial institutions became a major channel for the extraction of rural capital. Based on our study, we believe that in the course of more than three decades of reform and opening up, China was in the stage of extracting rural capital and that the contemporary China should enter into a new stage of development by diverting resources to the countryside to support its development. Our recommendation is that the existing fiscal and financial policies be adjusted to boost fiscal spending on agriculture, farmers, and the countryside, and to establish an inclusive, modern rural financial system.
文摘This research introduces a holistic framework called Design for Availablhty that uses me principles of Lean Sigma and Design for X to cost-effectively optimize the availability of capital goods (i.e., technical systems used in the production of end-products or -services such as medical systems, airplanes, and manufacturing equipment) throughout their entire lifetime. Manufacturers require such a framework because users of capital goods increasingly insist on high system availability levels against reduced lifetime costs. The Design for Availability framework allows manufacturers to determine the current status of system availability and associated lifetime costs, and to identify opportunities to create additional value for themselves and their customers. A case study at a global manufacturer of capital goods in the food processing industry illustrates how the framework can be used in practice and to what extent the manufacturer and customers may profit from applying Design for Availability.
基金This paper was supported by National Social Science Fund Project——Research on the Identification,Control and Emergency Treatment of Major Ecological Security Risks(Project No.:14BJY022).
文摘The main purpose of this paper is to explore the intermediary role of policy incentives and marine technological innovation in marine high-end human capital promoting marine knowledge innovation.Previous studies on the impact of marine high-end human capital on marine knowledge innovation mainly focused on the direct impact of marine high-end human capital on marine knowledge innovation,while ignoring the role of intermediary variables.Based on 512 sample survey data from 138 organizations in 16 coastal cities of China,this paper uses structural equation model to examine the relationship between high-end human capital and policy incentives,technological innovation and marine knowledge innovation.The research shows that marine high-end human capital has an impact on marine knowledge innovation through policy incentives and marine technology innovation.Policy incentives and marine technology innovation play a full intermediary role in the relationship between marine high-end human capital and marine knowledge innovation.