摘要
核准制下以市场化名义进行的高溢价发行并非真正的市场价格 ,其中很大部分属于经济学上所谓的“租金” (EconomicRent) ,市场化的正确顺序是先放开竞争增加股票供给使租金消失 ,然后再放开发行价格管制。
Under the authorization system,stocks are issued by high premium prices,most part of which is economic rent and not the true market ones.The correct order of marketization is such:increasing the supply of stocks so that the economic rent is disappeared by competition,then deregulating the issue prices.
出处
《经济理论与经济管理》
CSSCI
北大核心
2001年第11期36-41,共6页
Economic Theory and Business Management
