Environmental regulation has become more and more important in policy making among the world economies. How has it affected productivity growth and hence economic growth? The answer to this question is either controversial or yet to be explored in many cases. The objective of this paper is to...

This paper examines the impact of intra-provincial regional inequality on crime rates in China. The results show that intra-provincial regional inequality is positively correlated with the crime rate in the regions. However, education is found to be negatively correlated with the crime rate. In...

This paper examines the impacts of globalization on intra-provincial inequality in China. The empirical analysis is based on a dataset of Chinese counties and county-level cities. It is found that foreign direct investment (FDI) and intra-provincial regional inequality are negatively correlated,...

This paper reviews the history of the development of the Chinese stock market, analyses the market scale and structure, and sheds light on the prospects of the market. The development of the stock market can be classified into four stages, namely, the early stage of stock market development...

This paper examines the relation between trading volume and stock returns for two Chinese A-share markets and ten individual stocks in the energy sector. We also investigate the effects of exogenous government policies on the relation between trading volume and stock return. Using daily data...

Carbon emission reduction could be achieved through extensive cooperation between relevant groups such as businesses, governments and consumers. Generally, carbon emissions stem from consumer behavior. To tackle the increasingly serious energy crisis and climate change in China, it is thus vital...

China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information about LGD and its impact on economic growth in the Chinese economy is scarce. This paper attempts to present an empirical investigation of the impact of China’s LGD on economic...

Personal carbon trading (PCT) is a downstream cap-and-trade scheme used to reduce carbon emissions from the household sector. It is argued that the PCT scheme could provide a buffer between the energy price and the total energy price, and thus energy demand remains stable. However these effects...

To cope with the rising labour cost and protect the country’s deteriorating environmental conditions, Chinese policy makers have recently made a series of policy changes to promote innovation and hence the development of a knowledge-based economy in the country in the coming decades. As a...

This paper proposes a game theory model in which a foreign multinational corporation (MNC) and a domestic firm compete in the domestic market. In this model the domestic patent office could influence the firms’ profit curves by controlling the pendency and grant probability of the MNC’s...