Financial aspects of Chinese planning

Abstract

Economic policy in China is designed to serve the general political line. In their talks with me in April 1973, members of the Budget Bureau of the Ministry of Finance made it unmistakably clear that financial considerations are subordinate to economic ones, which in turn are determined by politics.     

Is there a selection bias in roll call votes? Evidence from the European Parliament

We examine the magnitude and significance of selection bias in roll call votes. Prior to 2009, all recorded (roll call) votes in the European Parliament had to be requested explicitly by European Political Groups. Since 2009, a roll call vote has been mandatory on all final legislative votes. We exploit that change in the rules and compare differences between final legislative votes, amendment votes and non-legislative votes before and after 2009, using a difference-in-differences approach with extensive controls. Using data from the Sixth (2004–2009) to Seventh (2009–2014) European Parliaments, we fail to find any large differences in voting cohesion for the main political groups. We find even less significance when we control for changes in parliamentary membership between those two periods. The results suggest that selection biases in the European Parliament associated with strategic choices are negligible.     

R&D Venture: proposition of a technology transfer concept for breakthrough technologies with R&D cooperation: A case study in the energy sector

At times when the market demands strong active innovation, large industrial corporations with established R&D organizations benefit from screening and developing breakthrough innovation. The ability of established organizations to absorb for future technologies is a key to successfully recognize, explore and capture breakthrough innovations. R&D Venturing is a practical way of bringing about technology transfer and exploration of future technologies through R&D cooperation, which is described in this paper by a multiple case study in the energy sector. Existing literature has been reviewed and an R&D Venturing concept will be suggested with a number of propositions for implementation. The results of the case study strongly support that different perspectives of the concept from industry, academia and the ventures themselves have to be carefully understood. Based on the results of the case study, a conceptual framework and propositions for a successful implementation have been derived. A critical discussion of the R&D Venturing concept shows the need for further empirical investigation.     

Budgetary politics in the federal republic of Germany

The purpose of this article is to advocate a more careful approach towards the analysis of the factors that are decisive for the comparative evaluation of system performance and the reasons given for output variations. Using budgetary politics in the Federal Republic of Germany as an example, it is argued that the majority of the ‘Does politics matter?’ literature is oversimplifying reality by overlooking the institutional variable.