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Globally, cities are the source of over 70 percent of the world's greenhouse gas emissions. Cities are also the engines of the global economy, concentrating more than half the world's population, and they are where the middle class is rapidly expanding. Indeed, by the year 2050, two-thirds of...
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This article examines how changes in US metropolitan spatial structure lead to an increase in measurable excess commuting and a decrease in measurable transport—land use connections. Using Boston and Atlanta as two comparative regions, this research computes excess commuting with...
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This research aims to inform the compact city discussion with a case study of Beijing, where urban planning has emphasised clustered suburban development in the past half-century. It uses three decades of census data to describe Beijing’s spatial development trajectory and a household survey...
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This paper documents the technical efficiency of Chinese banks over 1999–2010. With stochastic frontier analysis, we find that Chinese banks are about 18% more efficient in generating lending assets than profits. We also observe an upward trend of bank efficiency after China's entry to WTO in...
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This study concentrates on the Survey of Professional Forecasters (SPF) to demonstrate a way to improve the consensus forecasts of interest rates. It promotes the notion that, in improving the survey forecast accuracy of a variable, one should investigate the usefulness of the predictive...
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