This paper investigates the determinants and the time pattern of the subjective well-being of private business owners. We find that both personal and enterprise-level factors have a significant influence on subjective status of private business owners. Meanwhile, we find supportive evidence of...

The Information Communication Technology plays an irreplaceable role in all aspects of human life and social production as a general purpose technology. High-speed broadband network has become the focus in recent years, with the continuous development of ICT. Existing literature mainly studies...

This study examines the impact of high-speed rail (HSR) on the urban land price in China. The empirical results show that the average land price increases between 7 and 9 per cent when HSR is introduced, while the influence varies by land use types. The price of residential and commercial land...

Economic policy uncertainty has prominent effect on investment and output. Using unique transaction level land leasing data in China, this paper explores the impact of economic policy uncertainty on Chinese firms’ price premium in the land leasing market transactions. On average, 1% increase...

This study investigates the impact of the current US–China trade war on resource allocation using monthly panel data relating to the transfer of local governmentcontrolled land. The results show that the trade war changed local governments’development strategy. As the trade war expanded,...

Top executive compensation can be affected significantly by peer group pay. This paper investigates the impact of peer effects on the change in top executive compensation based on evidence from China. Empirical results show that if the top three executives' compensation was lower than the peer...