By reviewing and improving previous empirical works on this topic, the present paper investigates the dynamic externalities of agglomeration in China. Taking China's top three municipalities (i.e., Beijing, Shanghai, and Tianjin) as sample regions, it assesses empirically and compares how three...

Most studies about the effects of producers' services on manufacturing agglomeration focus on the effects themselves while neglecting the mechanism that such effects spread. By stressing the key role of trade costs in the process of manufacturing agglomeration, this paper identifies a chain of...

The upsurge of the outward direct investment (ODI) made by the Chinese firms in recent few years is one of main concerns among the academic researchers and policy consultants targeting emerging market economies. In this paper, the focus for analysis is the internationalization and ODI initiated...

Both the outward direct investment (ODI) from emerging market economies and industrial upgrading are new topics in economic research. Most research on these two topics has been done separately so far. China's emergence as a major ODI nation and urgent requirement for domestic industrial...

In this article, we present a statistical model for mapping quantitative trait loci (QTL) that determine growth trajectories of two correlated traits during ontogenetic development. This model is derived within the maximum likelihood context, incorporated by mathematical aspects of growth...

We examine the size and price-to-book effects in Chinese markets. We find strong evidence for the size effect but little evidence for the price-to-book effect. We further examine these effects in the context of the monetary policy of the People's Bank of China. We find that the size effect is...

In the context of an infinitely repeated Prisoners’ Dilemma, we explore how cooperation is initiated when players signal and coordinate through their actions. There are two types of players–patient and impatient–and a player’s type is private information. An impatient type is incapable...

The essential drive of building a new countryside lies in scientific and technological innovation. Through expounding the scientific and technological demonstration benefits and roles of new countryside building in poverty-stricken mountainous area, the major problems and hardships of new...