In real-life marketing, a common phenomenon is that the prices of current product will have been cut down even the new product has not gone into market yet. Thus, it is very important for merchant to set the strategy ...In real-life marketing, a common phenomenon is that the prices of current product will have been cut down even the new product has not gone into market yet. Thus, it is very important for merchant to set the strategy which can make the excepted revenue maximum. So, this paper constructs a three-stage stochastic dynamic pricing game model for analyzing the influence of the uncertainty of entry timing of the new products on pricing of products being sold. By analyzing of the pricing strategy, there are big differences in the predictions of new product going into market between merchant and customers;the merchant will adopt cutting price for promotion strategy to reduce negative influence of the new products on the demand of the products sold now. Otherwise, the merchant will adopt the strategy of maximizing current period’s profit.展开更多
In this paper, progresses of color maintenance, also known as color shift, in solid-state lighting(SSL) systems are thoroughly reviewed. First, color shift is introduced and a few examples are given from different rea...In this paper, progresses of color maintenance, also known as color shift, in solid-state lighting(SSL) systems are thoroughly reviewed. First, color shift is introduced and a few examples are given from different real-life industrial conditions. Different degradation mechanisms in different parts of the system are also explained. Different materials used as lenses/encapsulants in light-emitting diode(LED)-based products are introduced and their contributions to color shift are discussed. Efforts put into standardization, characterizing, and predicting lumen maintenance are also briefly reviewed in this paper.展开更多
There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at ...There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at the initial stage of development, and foreign exchange control has put barriers to entry and exit of overseas capital. Strictly speaking, the short-term highly liquid "hot money" does not exist in China, and is referred to as long-term speculative capital in this paper. Second, such capital does not come from trade alone. International trade is only part of corporate business operations, and a more reasonable and complete description is that "overseas capital flows into China through foreign-funded enterprises". Through analysis of the inflow channels, this paper estimates that the stock of long-term speculative capital between 1999 and 2006 stands at almost US$ 400 billion. The year 2006 saw an increase of US$ 98.09 billion, of which US$ 35.4 billion was formed through international trade, which equals to roughly 20% of trade surplus that year. But this does not mean that 20% of trade surplus is long-term speculative capital.展开更多
In the present paper, the results from research on the influence of criteria （factors） such as depreciation method, materiality threshold, and inflation rate on the selection of depreciation policy are shown. The re...In the present paper, the results from research on the influence of criteria （factors） such as depreciation method, materiality threshold, and inflation rate on the selection of depreciation policy are shown. The research has been carried out with the help of specifically devised simulation models. The simulation is realized in accounting for the unevenness of money in time and the profitability of the company, the tax rates for corporate tax, and the inflation rate. The models have been devised after analyzing methodology issues, related to depreciation policy and investigating current practices in its implementation in specific agricultural companies in present-day Bulgaria. It has been determined that there is a clear-cut relation between the profitability of the companies and the materiality threshold and depreciation method chosen. The main conclusion is that when the companies develop their depreciation policy, at ceteris paribus they should select higher materiality thresholds and diminishing balance depreciation methods due to the inequality of money in time, the acceleration of obsolescence, and the inflation processes.展开更多
Agricultural sector is vital for human beings, it provides stuffto the other sectors and it contributes to employment considerably. A large proportion of the exportation of Turkey is made from the agricultural product...Agricultural sector is vital for human beings, it provides stuffto the other sectors and it contributes to employment considerably. A large proportion of the exportation of Turkey is made from the agricultural products. Thereby it can be said that the agricultural sector is one of the main sectors contributing to the economy of the country considerably. But it＇s known that the sector is affected by some risks and uncertainities such as： sector＇s being made-up of family-owned companies, its being sensitive to the weather conditions, the long process of buying products, the work＇s being seasonal, self-consumption, the difficulty in accounting the cost, unrecorded agricultural transactions. Within this context to determine the sector＇s contribution to the country＇s economy clearly is related to recording the agricultural transactions properly and choosing the realistic methods and implementations. But despite the importance that agricultural transactions carry, the rules of recognition of the related transactions stay at an area that is not much worked on by the operators and researchers till the accounting postulates published. One reason for this is the sector, which is generally made-up of family-owned companies, and the operators have a general view point that accounting is not the purpose of management but taxation. In recent years with the international development of economy and technology, it＇s seen that big investors have entered the sector. With the changed system of trade, agricultural sector became a strategic sector. In this respect, in-depth data and information, acquired from accounting system, became very important. In this study, the principles and the rules that are applied in the agricultural transactions within the frame of international accounting standards are explained. In which account group should be the biological assets that are agricultured and agricultural products according to their qualities, which accounts are used, and how they are recognitioned are explained. In this context, in the study the examples which are related with the implementation are given over annual plants and prennial plants. The differences between the accounts that are used, are mentioned over by these examples.展开更多
This study sets out to examine:In a traditional value context,which variables are related to the attitude of depreciation of Millennials by GX in an organizational setting?Through a Factorial Correspondence Analysis,i...This study sets out to examine:In a traditional value context,which variables are related to the attitude of depreciation of Millennials by GX in an organizational setting?Through a Factorial Correspondence Analysis,it is postulated that three factors would be at the origin of the depreciation of Millennials in an organizational environment.The analysis shows a correlation between the 10 variables analyzed,but two factors emerge:the GY’s ability to invest or build and the GY’s commitment to starting a household.The hypothesis that there are three latent factors underlying the data analyzed is therefore rejected.展开更多
The article deals with accounting policies of companies reporting in accordance with International Financial Reporting Standards （IFRS）. Despite of being in accordance with corresponding standards, there are some pa...The article deals with accounting policies of companies reporting in accordance with International Financial Reporting Standards （IFRS）. Despite of being in accordance with corresponding standards, there are some particular accounting policies that are not being used by companies. The article aims to highlight some of these areas and point out to accounting policies that are prevalent in IFRS＇s accounting practice展开更多
The straight-line method in computing for depreciation expense is the prevailing method used in the Philippines. This paper aims to determine the rationale behind the use of this method. The objective of the study is ...The straight-line method in computing for depreciation expense is the prevailing method used in the Philippines. This paper aims to determine the rationale behind the use of this method. The objective of the study is to determine the length of time within which the depreciation method is used, reasons in using the method, the rate of depreciation used by the companies, and the effects of the depreciation expense on their operating expenses. It also determines if the companies＇ decisions to use the straight-line method are influenced by the factors mentioned by Reynolds （196 I）----expected amount of services over the life of assets, the amount and timing of operating costs, the decline in the physical efficiency of the assets, and the rate of return--and if they considered capital investments and tax reduction in using this method. The study shows that companies and educational institutions use the straight-line method of computing depreciation expenses, because it is easy to use in computing the depreciation expenses, in comparing with previous years＇ computations, and in keeping track of the expenses. It is also convenient for tax administration and financial reporting. The rate of depreciation used varies, because the companies and educational institutions use their past experiences in determining the life of fixed assets. The percentage of depreciation to the operating expenses also varies. The companies and educational institutions adhered to the factors mentioned by Reynolds （1961） in choosing the straight-line method of depreciation. The companies did not consider reduction of tax in using the straight-line method.展开更多
The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of c...The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of commercial properties in the Balance Sheets of the country and related price indexes for the land and structure components of a commercial property are required in the Income Accounts of the country if the Multifactor Productivity of the Commercial Property Industry is calculated as part of the System of National accounts. The paper suggests a variant of the capitalization of the Net Operating Income approach to the construction of property price indexes and uses the one hoss shay or light bulb model of depreciation as a model of depreciation for the structure component of a commercial property.展开更多
The state plays a paramount role in the development of the national economy. In this development process, the state with direct levers, using the available tools as state financial support, banks systems, and tax poli...The state plays a paramount role in the development of the national economy. In this development process, the state with direct levers, using the available tools as state financial support, banks systems, and tax policy, can provide incentives to identify areas for managing business entities. Obviously, one of the main levers of the state policy is a tax policy. Tax policy plays a crucial role in supporting innovation activities, which in turn provide sustainable economic growth for both the economic entities and the state. Whereas, due to guaranty of sustainable production line in the market economy, the economic entity always needs additional financial resources that ensure the renewal of fixed assets. The present paper focuses on the variation of calculations of the depreciation fund in the Republic of Uzbekistan. Regarding to both the tax rates and interval of the residual value of fixed assets, without attracting financial flows, the economic entities can update fixed assets, which on the same time increases the tax payments to the state budget in case of Uzbekistan.展开更多
This material aspires to start to evaluate every sorts of corporate cost form the view of modem corporation. Traditionally, there are material costs together with depreciation, salary cost, personal cost, financial co...This material aspires to start to evaluate every sorts of corporate cost form the view of modem corporation. Traditionally, there are material costs together with depreciation, salary cost, personal cost, financial cost, and other cost. For managerial purposes, this paper distinguishes between standard and nonstandard cost. Special attention is devoted to responsibility costs and division of costs. In this modem age, however it is a question whether the understanding of cost should be so narrow and limited to money that a corporation spends during the course of its production, or whether it should include also the constitution of negative externalities--the damages the company causes to the environment. Therefore, the final part of this contribution part deals with function of cost and attempts to provide an evaluation of basic sorts of cost in modem corporation from a broader societal perspective.展开更多
Human capital depreciation can be divided into stock depreciation and utility depreciation, which will cause the waste of human capital investment, and let human capital value fail to fully embody, affecting social de...Human capital depreciation can be divided into stock depreciation and utility depreciation, which will cause the waste of human capital investment, and let human capital value fail to fully embody, affecting social development. In the critical time of China facing population aging and economic transformation, as the new human capital of the labor market, college students play an important role to social and economic development. Therefore, preventing and mitigating their human capital depreciation is necessary. This article focus on human capital investment and configuration stage, analyze the influence of unreasonable human capital investment system and separate labor market segmentation system to college student human capital depreciation, and put forword the corresponding countermeasures.展开更多
exchange rate:汇率,外汇汇率,指一个国家的货币和另一个国家的货币的比价。中国人民银行每天公布人民币市场汇价。如:market Exchange Rates in RMB yuan set by the People’s Bank ofChina(September 4,1998)Currency Unit RateUS do...exchange rate:汇率,外汇汇率,指一个国家的货币和另一个国家的货币的比价。中国人民银行每天公布人民币市场汇价。如:market Exchange Rates in RMB yuan set by the People’s Bank ofChina(September 4,1998)Currency Unit RateUS dollar 100 828.00Japanese yen 100 6.0291German mark 100 478.展开更多
Like most developing countries, China has been adopting a multiple exchange rate regime in its attempt to maintain control and order while liberalizing transactions in the sphere of trade, non-trade and crossborder fu...Like most developing countries, China has been adopting a multiple exchange rate regime in its attempt to maintain control and order while liberalizing transactions in the sphere of trade, non-trade and crossborder fund flows. From a very rigid, highly centralized regime in 1979, China has by now advanced to a relatively flexible system under which the official rate, the swap rate, and the ＂free＂ market rate coexist. The tight control of international transfer of funds has also been progressively relaxed, as different parties gain increasing freedom to acquire foreign exchange. The Chinese economy has been reasonably stable during the Asian financial crisis. Although China maintains the exchange rate stability, in near future a real appreciation of the RMB must be necessary element in global adjustment. More flexible exchange rate will give more advantages for Chinese economy.展开更多
Historic properties are cultural, historic and/or architectural heritage assets that may have legal or statutory protection due to their cultural and economic importance. Often the real estate with a certain historica...Historic properties are cultural, historic and/or architectural heritage assets that may have legal or statutory protection due to their cultural and economic importance. Often the real estate with a certain historical value is privately owned, and the owners request the estimation of the value of these properties, either for advisory purposes, or to gage the property for the purpose of lending, or for other purposes. In this research, the authors, within the framework of the cost approach, analy</span><span style="font-family:"">z</span><span style="font-family:"">e the peculiarities of estimating the depreciation of the economic value of real estate properties with historic/architectural value. The emphasis is placed on the methods of estimating the physical depreciation and it is recommended to apply them depending on the condition of the construction and the use or non-use of the real estate for a long time. Based on a case study, the authors explain the paradox of the value of real estate with advanced age located in compact historical areas.展开更多
Subsidence due to groundwater withdrawal is a complex hydrogeological process affecting numerous cities settled on top of fluviolacustrine deposits. The discrete spatial variation in the thickness of these deposits, i...Subsidence due to groundwater withdrawal is a complex hydrogeological process affecting numerous cities settled on top of fluviolacustrine deposits. The discrete spatial variation in the thickness of these deposits, in combination with subsidence due to groundwater withdrawal, generates differential settlements and aseismic ground failure (AGF) characterized by a welldefined scarp. In cities, such AGF causes severe damages to urban infrastructure and considerable economic impact. With the goal of arriving to a general criterion for evaluating the economic losses derived from AGF, in the present work we propose the following equation: ELi = PVi*DFi. Where PVi is the value of a property “i”, and DFi is a depreciation factor caused by structural damages of a property “i” due to AGF. The DFi is calculated empirically through: . This last equation is based on the spatial relations of coexistence and proximity of property polygons and the AGF axis. The coexistence is valued as the quotient of the affectation area divided by the total area of the involved property;and the proximity to the AGF axis is expressed as the inverse of the perpendicular distance from the centroid of the property polygon to the AGF axis. The sum of these terms is divided by two to determine the percentage that affects the property value (PVi). These equations are relevant because it is the first indicator designed for the discrete assessment of the economic impacts due to AGF, and can be applied to real estate infrastructure from either urban or rural areas.展开更多
The depreciation policy of fixed assets is not only an effective means for the state to carry out macro-control, regulate the economy, strengthen supervision and ensure the maintenance and appreciation of state-owned ...The depreciation policy of fixed assets is not only an effective means for the state to carry out macro-control, regulate the economy, strengthen supervision and ensure the maintenance and appreciation of state-owned assets, but also has a profound impact on the daily operation and financial management of the units. With the comprehensive and in-depth reform of the accounting system of the new government administrative institutions. Therefore, the implementation of its depreciation policy is also different from that of other units. In order to better implement the new system, this paper, combined with the practical experience of the depreciation of fixed assets of large and medium-sized reservoir management units, puts forward personal opinions on the current depreciation standards and methods of fixed assets of large and medium-sized reservoir engineering management units for reference by people.展开更多
Despite the intensified China-U.S.trade war in 2025 and the recent im-posing of“reciprocal tariff's”by the United States,the renminbi(RMB)exchange rate has not wcakened but instead showed a steady and mildly ris...Despite the intensified China-U.S.trade war in 2025 and the recent im-posing of“reciprocal tariff's”by the United States,the renminbi(RMB)exchange rate has not wcakened but instead showed a steady and mildly rising trend.On January I,the central parity for the U.S.dollar against the RMB was 1:7.2993;on April 2 when the U.S.announced“reciprocal tariffs,”the cen-tral parity rate stood at 1:7.2701;and on May 7,it reached 7.2005.When the economy of a country is slug-gish or gets hit,this will be reflected in the depreciation of the country's currency.Obviously,the RMB exchange rate trend since the beginning of this year indicates that the Chinese economy has not experienced a recession despite challenges posed by the poli-cics of the U.S.Govemment.展开更多
This paper examines the effects of China's accelerated depreciation policy(ADP)on the maturity mismatch between investment and financing.Using panel data for China's A-share nonfinancial listed companies from ...This paper examines the effects of China's accelerated depreciation policy(ADP)on the maturity mismatch between investment and financing.Using panel data for China's A-share nonfinancial listed companies from 2010 to 2019 and a staggered difference-in-differences approach,we found the following.First,ADP significantly aggravated the degree of corporate maturity mismatch,and this result was robust across multiple checks.Second,due to an insufficient long-term loan supply,firms had to finance the fixed investments induced by ADP with short-term debts,leading to maturity mismatches.Third,the positive policy effects were mainly significant for firms with high policy exposure,high-risk preferences,a high degree of information asymmetry,and firms with weak long-term financing capacity.Finally,maturity mismatch exacerbated corporate financial risks.Our research findings indicate that passive maturity mismatch is prevalent among Chinese companies and emphasize the need to address financial repression in order to mitigate the potential financial risks that may arise from tax incentives.展开更多
Purpose: The present study examined the joint impact of coping and rumination after trauma on posttraumatic growth (PTG) and posttraumatic depreciation (PTD) based on the PTG model. Methods: A cross-sectional study wa...Purpose: The present study examined the joint impact of coping and rumination after trauma on posttraumatic growth (PTG) and posttraumatic depreciation (PTD) based on the PTG model. Methods: A cross-sectional study was conducted between October 2017 and May 2018. A sample of 253 individuals who had experienced a traumatic event in the last two years, was included. Participants completed an online self-reported survey, including demographic variables, trauma characteristics, the German Posttraumatic Growth and Depreciation Inventory — Expanded, the Brief COPE Inventory, and the Event Related Rumination Inventory. An analysis of correlation, a principal component analysis and hierarchical regression analyses were conducted. Statistical analyses were undertaken on SPSS (version 25.0;IBM, New York, USA). Results: After controlling for the effects of personal and trauma characteristics, self-sufficient coping and socially supported coping were found to favor the emergence of PTG. Event-related and recent deliberate rumination were positively related to PTG. Avoidant-focused coping and recent intrusive rumination were positively associated with PTD. Overall, the final models accounted for 46% and 58% of the variance in PTG and PTD. Conclusion: Our findings confirm the PTG model and support the central role of deliberate rumination, self-sufficient coping and socially supported coping in the development of PTG. Our results indicate that a similar model of PTD with comparable influencing factors can be assumed: if the individual is stuck in ongoing intrusive rumination and uses more avoidance-focused coping, it might lead to more reports of PTD.展开更多
文摘In real-life marketing, a common phenomenon is that the prices of current product will have been cut down even the new product has not gone into market yet. Thus, it is very important for merchant to set the strategy which can make the excepted revenue maximum. So, this paper constructs a three-stage stochastic dynamic pricing game model for analyzing the influence of the uncertainty of entry timing of the new products on pricing of products being sold. By analyzing of the pricing strategy, there are big differences in the predictions of new product going into market between merchant and customers;the merchant will adopt cutting price for promotion strategy to reduce negative influence of the new products on the demand of the products sold now. Otherwise, the merchant will adopt the strategy of maximizing current period’s profit.
基金project (M71.9.10380) in the framework of the Research Program of the Materials Innovation Institute M2i (www.m2i.nl)
文摘In this paper, progresses of color maintenance, also known as color shift, in solid-state lighting(SSL) systems are thoroughly reviewed. First, color shift is introduced and a few examples are given from different real-life industrial conditions. Different degradation mechanisms in different parts of the system are also explained. Different materials used as lenses/encapsulants in light-emitting diode(LED)-based products are introduced and their contributions to color shift are discussed. Efforts put into standardization, characterizing, and predicting lumen maintenance are also briefly reviewed in this paper.
文摘There are two inaccuracies to the common belief that hot money flows into China through international trade: "hot money" and "trade channels". First, China’s domestic financial market is still at the initial stage of development, and foreign exchange control has put barriers to entry and exit of overseas capital. Strictly speaking, the short-term highly liquid "hot money" does not exist in China, and is referred to as long-term speculative capital in this paper. Second, such capital does not come from trade alone. International trade is only part of corporate business operations, and a more reasonable and complete description is that "overseas capital flows into China through foreign-funded enterprises". Through analysis of the inflow channels, this paper estimates that the stock of long-term speculative capital between 1999 and 2006 stands at almost US$ 400 billion. The year 2006 saw an increase of US$ 98.09 billion, of which US$ 35.4 billion was formed through international trade, which equals to roughly 20% of trade surplus that year. But this does not mean that 20% of trade surplus is long-term speculative capital.
文摘In the present paper, the results from research on the influence of criteria （factors） such as depreciation method, materiality threshold, and inflation rate on the selection of depreciation policy are shown. The research has been carried out with the help of specifically devised simulation models. The simulation is realized in accounting for the unevenness of money in time and the profitability of the company, the tax rates for corporate tax, and the inflation rate. The models have been devised after analyzing methodology issues, related to depreciation policy and investigating current practices in its implementation in specific agricultural companies in present-day Bulgaria. It has been determined that there is a clear-cut relation between the profitability of the companies and the materiality threshold and depreciation method chosen. The main conclusion is that when the companies develop their depreciation policy, at ceteris paribus they should select higher materiality thresholds and diminishing balance depreciation methods due to the inequality of money in time, the acceleration of obsolescence, and the inflation processes.
文摘Agricultural sector is vital for human beings, it provides stuffto the other sectors and it contributes to employment considerably. A large proportion of the exportation of Turkey is made from the agricultural products. Thereby it can be said that the agricultural sector is one of the main sectors contributing to the economy of the country considerably. But it＇s known that the sector is affected by some risks and uncertainities such as： sector＇s being made-up of family-owned companies, its being sensitive to the weather conditions, the long process of buying products, the work＇s being seasonal, self-consumption, the difficulty in accounting the cost, unrecorded agricultural transactions. Within this context to determine the sector＇s contribution to the country＇s economy clearly is related to recording the agricultural transactions properly and choosing the realistic methods and implementations. But despite the importance that agricultural transactions carry, the rules of recognition of the related transactions stay at an area that is not much worked on by the operators and researchers till the accounting postulates published. One reason for this is the sector, which is generally made-up of family-owned companies, and the operators have a general view point that accounting is not the purpose of management but taxation. In recent years with the international development of economy and technology, it＇s seen that big investors have entered the sector. With the changed system of trade, agricultural sector became a strategic sector. In this respect, in-depth data and information, acquired from accounting system, became very important. In this study, the principles and the rules that are applied in the agricultural transactions within the frame of international accounting standards are explained. In which account group should be the biological assets that are agricultured and agricultural products according to their qualities, which accounts are used, and how they are recognitioned are explained. In this context, in the study the examples which are related with the implementation are given over annual plants and prennial plants. The differences between the accounts that are used, are mentioned over by these examples.
文摘This study sets out to examine:In a traditional value context,which variables are related to the attitude of depreciation of Millennials by GX in an organizational setting?Through a Factorial Correspondence Analysis,it is postulated that three factors would be at the origin of the depreciation of Millennials in an organizational environment.The analysis shows a correlation between the 10 variables analyzed,but two factors emerge:the GY’s ability to invest or build and the GY’s commitment to starting a household.The hypothesis that there are three latent factors underlying the data analyzed is therefore rejected.
文摘The article deals with accounting policies of companies reporting in accordance with International Financial Reporting Standards （IFRS）. Despite of being in accordance with corresponding standards, there are some particular accounting policies that are not being used by companies. The article aims to highlight some of these areas and point out to accounting policies that are prevalent in IFRS＇s accounting practice
文摘The straight-line method in computing for depreciation expense is the prevailing method used in the Philippines. This paper aims to determine the rationale behind the use of this method. The objective of the study is to determine the length of time within which the depreciation method is used, reasons in using the method, the rate of depreciation used by the companies, and the effects of the depreciation expense on their operating expenses. It also determines if the companies＇ decisions to use the straight-line method are influenced by the factors mentioned by Reynolds （196 I）----expected amount of services over the life of assets, the amount and timing of operating costs, the decline in the physical efficiency of the assets, and the rate of return--and if they considered capital investments and tax reduction in using this method. The study shows that companies and educational institutions use the straight-line method of computing depreciation expenses, because it is easy to use in computing the depreciation expenses, in comparing with previous years＇ computations, and in keeping track of the expenses. It is also convenient for tax administration and financial reporting. The rate of depreciation used varies, because the companies and educational institutions use their past experiences in determining the life of fixed assets. The percentage of depreciation to the operating expenses also varies. The companies and educational institutions adhered to the factors mentioned by Reynolds （1961） in choosing the straight-line method of depreciation. The companies did not consider reduction of tax in using the straight-line method.
文摘The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of commercial properties in the Balance Sheets of the country and related price indexes for the land and structure components of a commercial property are required in the Income Accounts of the country if the Multifactor Productivity of the Commercial Property Industry is calculated as part of the System of National accounts. The paper suggests a variant of the capitalization of the Net Operating Income approach to the construction of property price indexes and uses the one hoss shay or light bulb model of depreciation as a model of depreciation for the structure component of a commercial property.
文摘The state plays a paramount role in the development of the national economy. In this development process, the state with direct levers, using the available tools as state financial support, banks systems, and tax policy, can provide incentives to identify areas for managing business entities. Obviously, one of the main levers of the state policy is a tax policy. Tax policy plays a crucial role in supporting innovation activities, which in turn provide sustainable economic growth for both the economic entities and the state. Whereas, due to guaranty of sustainable production line in the market economy, the economic entity always needs additional financial resources that ensure the renewal of fixed assets. The present paper focuses on the variation of calculations of the depreciation fund in the Republic of Uzbekistan. Regarding to both the tax rates and interval of the residual value of fixed assets, without attracting financial flows, the economic entities can update fixed assets, which on the same time increases the tax payments to the state budget in case of Uzbekistan.
文摘This material aspires to start to evaluate every sorts of corporate cost form the view of modem corporation. Traditionally, there are material costs together with depreciation, salary cost, personal cost, financial cost, and other cost. For managerial purposes, this paper distinguishes between standard and nonstandard cost. Special attention is devoted to responsibility costs and division of costs. In this modem age, however it is a question whether the understanding of cost should be so narrow and limited to money that a corporation spends during the course of its production, or whether it should include also the constitution of negative externalities--the damages the company causes to the environment. Therefore, the final part of this contribution part deals with function of cost and attempts to provide an evaluation of basic sorts of cost in modem corporation from a broader societal perspective.
文摘Human capital depreciation can be divided into stock depreciation and utility depreciation, which will cause the waste of human capital investment, and let human capital value fail to fully embody, affecting social development. In the critical time of China facing population aging and economic transformation, as the new human capital of the labor market, college students play an important role to social and economic development. Therefore, preventing and mitigating their human capital depreciation is necessary. This article focus on human capital investment and configuration stage, analyze the influence of unreasonable human capital investment system and separate labor market segmentation system to college student human capital depreciation, and put forword the corresponding countermeasures.
文摘exchange rate:汇率,外汇汇率,指一个国家的货币和另一个国家的货币的比价。中国人民银行每天公布人民币市场汇价。如:market Exchange Rates in RMB yuan set by the People’s Bank ofChina(September 4,1998)Currency Unit RateUS dollar 100 828.00Japanese yen 100 6.0291German mark 100 478.
文摘Like most developing countries, China has been adopting a multiple exchange rate regime in its attempt to maintain control and order while liberalizing transactions in the sphere of trade, non-trade and crossborder fund flows. From a very rigid, highly centralized regime in 1979, China has by now advanced to a relatively flexible system under which the official rate, the swap rate, and the ＂free＂ market rate coexist. The tight control of international transfer of funds has also been progressively relaxed, as different parties gain increasing freedom to acquire foreign exchange. The Chinese economy has been reasonably stable during the Asian financial crisis. Although China maintains the exchange rate stability, in near future a real appreciation of the RMB must be necessary element in global adjustment. More flexible exchange rate will give more advantages for Chinese economy.
文摘Historic properties are cultural, historic and/or architectural heritage assets that may have legal or statutory protection due to their cultural and economic importance. Often the real estate with a certain historical value is privately owned, and the owners request the estimation of the value of these properties, either for advisory purposes, or to gage the property for the purpose of lending, or for other purposes. In this research, the authors, within the framework of the cost approach, analy</span><span style="font-family:"">z</span><span style="font-family:"">e the peculiarities of estimating the depreciation of the economic value of real estate properties with historic/architectural value. The emphasis is placed on the methods of estimating the physical depreciation and it is recommended to apply them depending on the condition of the construction and the use or non-use of the real estate for a long time. Based on a case study, the authors explain the paradox of the value of real estate with advanced age located in compact historical areas.
基金support from CONACYT for the Basic Science Project 134575Scientific Research Coordination of the Universidad Michoacana de San Nicolás de Hidalgo,Project 1.37-2013.
文摘Subsidence due to groundwater withdrawal is a complex hydrogeological process affecting numerous cities settled on top of fluviolacustrine deposits. The discrete spatial variation in the thickness of these deposits, in combination with subsidence due to groundwater withdrawal, generates differential settlements and aseismic ground failure (AGF) characterized by a welldefined scarp. In cities, such AGF causes severe damages to urban infrastructure and considerable economic impact. With the goal of arriving to a general criterion for evaluating the economic losses derived from AGF, in the present work we propose the following equation: ELi = PVi*DFi. Where PVi is the value of a property “i”, and DFi is a depreciation factor caused by structural damages of a property “i” due to AGF. The DFi is calculated empirically through: . This last equation is based on the spatial relations of coexistence and proximity of property polygons and the AGF axis. The coexistence is valued as the quotient of the affectation area divided by the total area of the involved property;and the proximity to the AGF axis is expressed as the inverse of the perpendicular distance from the centroid of the property polygon to the AGF axis. The sum of these terms is divided by two to determine the percentage that affects the property value (PVi). These equations are relevant because it is the first indicator designed for the discrete assessment of the economic impacts due to AGF, and can be applied to real estate infrastructure from either urban or rural areas.
文摘The depreciation policy of fixed assets is not only an effective means for the state to carry out macro-control, regulate the economy, strengthen supervision and ensure the maintenance and appreciation of state-owned assets, but also has a profound impact on the daily operation and financial management of the units. With the comprehensive and in-depth reform of the accounting system of the new government administrative institutions. Therefore, the implementation of its depreciation policy is also different from that of other units. In order to better implement the new system, this paper, combined with the practical experience of the depreciation of fixed assets of large and medium-sized reservoir management units, puts forward personal opinions on the current depreciation standards and methods of fixed assets of large and medium-sized reservoir engineering management units for reference by people.
文摘Despite the intensified China-U.S.trade war in 2025 and the recent im-posing of“reciprocal tariff's”by the United States,the renminbi(RMB)exchange rate has not wcakened but instead showed a steady and mildly rising trend.On January I,the central parity for the U.S.dollar against the RMB was 1:7.2993;on April 2 when the U.S.announced“reciprocal tariffs,”the cen-tral parity rate stood at 1:7.2701;and on May 7,it reached 7.2005.When the economy of a country is slug-gish or gets hit,this will be reflected in the depreciation of the country's currency.Obviously,the RMB exchange rate trend since the beginning of this year indicates that the Chinese economy has not experienced a recession despite challenges posed by the poli-cics of the U.S.Govemment.
基金supported financially by the National Natural Science Foundation of China for financial support (Nos.101302-N11502 and 72002175)the China Scholarship Council (No.202206320139)。
文摘This paper examines the effects of China's accelerated depreciation policy(ADP)on the maturity mismatch between investment and financing.Using panel data for China's A-share nonfinancial listed companies from 2010 to 2019 and a staggered difference-in-differences approach,we found the following.First,ADP significantly aggravated the degree of corporate maturity mismatch,and this result was robust across multiple checks.Second,due to an insufficient long-term loan supply,firms had to finance the fixed investments induced by ADP with short-term debts,leading to maturity mismatches.Third,the positive policy effects were mainly significant for firms with high policy exposure,high-risk preferences,a high degree of information asymmetry,and firms with weak long-term financing capacity.Finally,maturity mismatch exacerbated corporate financial risks.Our research findings indicate that passive maturity mismatch is prevalent among Chinese companies and emphasize the need to address financial repression in order to mitigate the potential financial risks that may arise from tax incentives.
文摘Purpose: The present study examined the joint impact of coping and rumination after trauma on posttraumatic growth (PTG) and posttraumatic depreciation (PTD) based on the PTG model. Methods: A cross-sectional study was conducted between October 2017 and May 2018. A sample of 253 individuals who had experienced a traumatic event in the last two years, was included. Participants completed an online self-reported survey, including demographic variables, trauma characteristics, the German Posttraumatic Growth and Depreciation Inventory — Expanded, the Brief COPE Inventory, and the Event Related Rumination Inventory. An analysis of correlation, a principal component analysis and hierarchical regression analyses were conducted. Statistical analyses were undertaken on SPSS (version 25.0;IBM, New York, USA). Results: After controlling for the effects of personal and trauma characteristics, self-sufficient coping and socially supported coping were found to favor the emergence of PTG. Event-related and recent deliberate rumination were positively related to PTG. Avoidant-focused coping and recent intrusive rumination were positively associated with PTD. Overall, the final models accounted for 46% and 58% of the variance in PTG and PTD. Conclusion: Our findings confirm the PTG model and support the central role of deliberate rumination, self-sufficient coping and socially supported coping in the development of PTG. Our results indicate that a similar model of PTD with comparable influencing factors can be assumed: if the individual is stuck in ongoing intrusive rumination and uses more avoidance-focused coping, it might lead to more reports of PTD.
