Engineering procurement and construction (EPC) is a normative practice globally approved since China has been engaging in international cooperation under the Belt and Road Initiative (BRI) infrastructure development. EPC has been adopted in the delivery of BRI infrastructure projects in other...

The propensity score analysis is one of the most widely used methods for studying the causal treatment effect in observational studies. This paper studies treatment effect estimation with the method of matching weights. This method resembles propensity score matching but offers a number of new...

In many cases, a company's capital investment decision is not a one-off “yes/no”, but occurs as a result of a sequence of decisions of a more preliminary nature. Major resource investment projects, for example, typically have to pass several “feasibility” tests before companies fully...

This paper suggests a new approach to econometrically estimate parameters of multi-level Constant Elasticity of Transformation (CET) functional forms which are widely used in developing Computable General Equilibrium (CGE) models. An illustrative CET functional form is estimated using the...

The exploration and development of oilfield results in damages to land resources. Along with the further development of petroleum in the Gurbantunggut Desert, the fragile ecological environment and land resource was suffering much more damage. Vegetation degradation and desertification become...

Based on data collected by 3 basic weather stations in Fushun City and 47 automatic weather stations in the whole region, we selected indexes suitable for agro-climatic division of Rana Chensinensis, and carried out a study on agro-climatic division of Rana Chensinensis in this region. Annual...

The Millennium Boom of 2003–2011 made the resources industry hugely profitable and led to a surge in new projects around the world. This had major implications for the Australian economy: resource investment accounted for almost half of all business investment at the peak, the capitalisation...