Social and Behavioral Sciences Commons^™

Complementarity, Investment Incentives, And Evolution Of Joint Ventures, Ping Lin, Kamal Saggi

Centre for Public Policy Studies : CPPS Working Paper Series

This paper studies the dynamic evolution of a joint venture that is initially formed due to the complementary strengths of two firms. We analyze the impact of the investment choices of the two partner firms on the fate of the joint venture. Investments that improve a firm's efficiency in the activity it performs in the joint venture (complementary investments) suffer from an incentive problem since benefits of such investments are shared between the two firms. To minimize the inefficiency caused by this incentive problem, the firm whose input is more valuable to the joint venture should receive a larger share …

中國居民收入差距的擴大及其原因 = The Cause Of The Enlargement Of Income Disparities In China, Renwei Zhao, Shi Li

CAPS Working Paper Series

引言

中国的经济体制改革已经进行了将近二十年。在这一过程中, 居民收入分配的格局发生了很大变化。

本章试图对收入分配格局的变化,特别上收入差距扩大的状况作一考察。由于收入分配涉及的面很广,本章拟集中考察收入分配变化的一些重要方面。

为了更好地考察改革以来收入分配的变化情况,还拟对改革以前中国居民收入分配的特点作一简要的回顾与分析, 以便对这种变化的起点和背景有一个基本的了解和判断。

中国的经济改革是同经济发展或增长紧密地联系在一起的,换言之, 中国从计划经济向市场经济转换的过程是同从二元经济向现代经济转换的过程交织在一起的。中国居民收入分配格局的变化是在这样两个转变的过程中实现的。因此, 本章还试图从经济发展、经济改革以及与此有关的政策因素中去分析收入差距变化的原因。

在本章的最后, 我们拟对今后如何改进收入分配提出一些具有政策含义的建议。 本章所引用的资料, 有一部分来自于中国社会科学院经济研究所收入分配课题组(以下简称经济所课题组) 对1988年和1995年城乡居民收入分配状况所作的抽样调查, 有一部分来自于国家统计局以及其他渠道。凡未注明出处者, 均来自于上述两次抽样调查。

Political Impacts Of Catholic Education In Decolonization : Hong Kong And Macau, Beatrice Leung

CAPS Working Paper Series

This article aims at discussing the partnership of Catholic education with the British and Portuguese in colonial times. Then it will move to Catholic education and its interaction with the societies of these two territories in the process of decolonization. In other words it will discuss to what degree the return of Hong Kong and Macau to the People's Republic of China (PRC) has affected Catholic educational policies in the context of the special nature of the Catholic church in Hong Kong and Macau. Discussion will be in the context of the Catholic-China relationship, which is the underlying problem of …

Worker Participation And Firm Performance : Evidence From Germany And Britain, John T. Addison, W. Stanley Siebert, Joachim Wagner, Xiangdong Wei

Centre for Public Policy Studies : CPPS Working Paper Series

This paper examines the Freeman-Lazear works council/worker involvement model against the empirical backdrop of two different industrial relations systems: the British voluntaristic system, and the German system of mandatory works councils. We find that in nonunion British firms worker involvement increases economic performance, but in the union firms there are negative effects. The implication is that local distributive conflict can cause the wrong level of worker involvement to be chosen, as predicted by the model. ln Germany, where centralized collective bargaining reduces local distributive conflict, we find that a mandate can be advantageous, again as predicted by the model. However, …

The Nature Of Optimal Public Policy, Lok Sang Ho

Centre for Public Policy Studies : CPPS Working Paper Series

The design of public policy must take human nature as an immutable constraint, both with a view to choosing the appropriate policy objectives and in regard to the human response and hence the effects of the policy. Once human nature is seen in the proper light and the multiple needs of society are recognized, it is not difficult to see the logic of a hierarchy of policy objectives with some being treated as tentative constraints and others as “maximands." Optimal public policy making in the short term would treat those constraints as given but over the longer term the constraints …

Urbanization In Sha Tin And Tuen Mun : Problems And Coping Strategies, Hong Kin Kwok, Shing Tak Chan

Centre for Public Policy Studies : CPPS Working Paper Series

This paper examines the urbanization experiences in two communities of Hong Kong, namely, Sha Tin and Tuen Mun. Owing to the comparative locations and infrastructure concerned, the development of Sha Tin is much faster and more effective than that of Tuen Mun. In this paper, governmental new town development planning, resident population change, internal migration, class and family composition, labour force participation as well as the pull-push factors in implementation of housing policies and in shifting of supporting networks will be discussed.