Forward-looking behavior of consumers is important for modeling consumer response to promotions of frequently purchased consumer products as well as manufacturer's optimal promotion schedule. The first essay studies consumer's promotion timing expectations and promotion response. In previous...

This note seeks to provide an overview of investment incentive policy as a tool for Governments seeking to promote technology transfer and productivity spillovers by multinational enterprises (MNEs) in the host economy to local firms and suppliers. It summarizes international experiences to...

Conventional predictive regressions produce biased and inefficient coefficient estimates in small samples when the predicting variable is Gaussian first order persistent and its innovations are highly correlated with the error series of the return. We propose a new estimation method (the method...

This paper studies the impact of foreign direct investment on domestic firms' innovation in China. It provides causal evidence by exploiting China's foreign direct investment deregulation in 2002 and employs a difference-in-difference estimation strategy. Using a matched firm-patent data set...

This book examines the role of foreign direct investment (FDI) in global value chains (GVCs). To stimulate economic transformation through GVCs, policy makers in developing countries need to better understand the business strategies of multinational corporations (MNCs), internationalization...

We first introduce the status quo of the development of vegetable industry in Hebei Province, and then conduct empirical analysis of the development of vegetable industry in Hebei Province. Further, we analyze the development advantage of the vegetable industry in Hebei Province using SAI (Scale...

Our results suggest that the benefit policy change did not impact life-saving procedures or reduce patients’ burden of disease among AMI patients. The effect of ‘provider gaming’ was the strongest for the high reimbursement group as a result of the global budget cap pressure. The current...

In this paper we present a cellular automata (CA) model based on nonlinear kernel principal component analysis (KPCA) to simulate the spatiotemporal process of urban growth. As a generalisation of the linear principal component analysis (PCA) method, the KPCA method was developed to extract the...