This paper investigates the economic conditions of rural households in China. Historical survey data indicate that over 80 per cent of rural households earn less than 4,500 yuan in net disposable income each year, that for the vast majority of rural households disposable income is insufficient...

Although a large number of the existing literature have proved the importance of government implementation of childcare subsidies, few scholars have studied the implementation methods and how to implement childcare subsidies. In this paper, an optimal subsidy model based on the household unit is...

This paper empirically investigates the growth effect associated with aid and its volatility during the period 1995-2008 in the case of five South Asian economies. The aid is classified into short impact, long impact and humanitarian aid. We obtained results for each of the country by employing...

This paper analyzes the interrelationship among competition, market size and innovation by using the data from total 37 industries in China within a simultaneous equations model. It finds that: (1) Competition and innovation are mutually-enhanced, and this is the consequence of the long-run...

Higher education has become increasingly international in the past decade as more and more students choose to study abroad, enrolled in foreign educational programs and institutions in their home country, or simply use the internet to take courses at colleges or universities in other countries....

The last decade has witnessed a marked improvement in information technology. Such an improvement has reduced the information cost for market participants. Thus, whether the influence of geographic factors on international financial linkage is still significant nowadays is an important question...

We develop a new method of assessing conditional conservatism using more detailed data available from the insurance industry. We look at how conditional conservatism affects insolvency risk and the financial strength rating of property-liability (P&L) insurance companies. We also investigate how...