The risk assessment of contract conclusion is the primary and key part of equipment purchase contract risk management. In this paper, based on the fuzzy characteristics of contract risks, and overcoming the traditiona...The risk assessment of contract conclusion is the primary and key part of equipment purchase contract risk management. In this paper, based on the fuzzy characteristics of contract risks, and overcoming the traditional disadvantages of analytic hierarchy process (AHP), the fuzzy analytic hierarchy process (FAHP) of contract conclusion is proposed for meeting the actual need of equipment procurement contract risk assessment, and implementing the risk factors qualitative and quantitative assessments of different working nodes in contract conclusion. Thus, a scientific and reliable important basis is provided for the risk management of equipment procurement contract.展开更多
This paper examines the effect of government procurement on the firm-level labor share in China.Using manually collected local government contract data matched with A-share non-financial listed firms from 2015 to 2023...This paper examines the effect of government procurement on the firm-level labor share in China.Using manually collected local government contract data matched with A-share non-financial listed firms from 2015 to 2023,we find that firms receiving government procurement contracts experience increased labor shares.Government procurement enhances business stability and encourages regulatory and non-regulatory compliance,facilitating the allocation of economic gains to labor.This positive effect is primarily driven by non-SOEs and is pronounced among labor-intensive manufacturing firms.We also show that government procurement effectively promotes income equality and improves overall employee welfare.Our findings highlight the redistributive role of government procurement and the importance of contract design that aligns firm incentives with social objectives in emerging markets.展开更多
文摘The risk assessment of contract conclusion is the primary and key part of equipment purchase contract risk management. In this paper, based on the fuzzy characteristics of contract risks, and overcoming the traditional disadvantages of analytic hierarchy process (AHP), the fuzzy analytic hierarchy process (FAHP) of contract conclusion is proposed for meeting the actual need of equipment procurement contract risk assessment, and implementing the risk factors qualitative and quantitative assessments of different working nodes in contract conclusion. Thus, a scientific and reliable important basis is provided for the risk management of equipment procurement contract.
基金the National Natural Science Foundation of China(Grant No.71672141)the National Social Science Foundation of China(Grant No.21FGLB006)the Humanities and Social Science Foundation of the Ministry of Education of China(Grant No.21YJA630082).
文摘This paper examines the effect of government procurement on the firm-level labor share in China.Using manually collected local government contract data matched with A-share non-financial listed firms from 2015 to 2023,we find that firms receiving government procurement contracts experience increased labor shares.Government procurement enhances business stability and encourages regulatory and non-regulatory compliance,facilitating the allocation of economic gains to labor.This positive effect is primarily driven by non-SOEs and is pronounced among labor-intensive manufacturing firms.We also show that government procurement effectively promotes income equality and improves overall employee welfare.Our findings highlight the redistributive role of government procurement and the importance of contract design that aligns firm incentives with social objectives in emerging markets.