The aim of this paper is to use copulas functions to capture the different structures of dependency when we deal with portfolios of dependent credit risks and a basket of credit derivatives. We first present the wellknown result for the pricing of default risk, when there is only one defaultable...

The aim of this paper is to study the impact of stock returns volatility of reference entities on credit default swap rates using a new dataset from the Japanese market. The majority of empirical research suggests the inadequacy of multinormal distribution and then the failure of methods based...

The coastal area of Guangdong Province is one of the most developed regions in China. It is also often under severe risk of storm surges, as one of the few regions in China which are seriously threatened by storm surges. Based on the data of storm surges in the study area in the past 30 years,...

Guangdong Province is one of the main producing areas of sugarcane in China, and one of China's three regions with dominant advantage in sugarcane, having good basis and conditions for developing sugarcane industry. In this research, using the SWOT-AHP method, we set 20 assessment indicators...

On the basis of actual situations of Guangdong Province, using Factor Analysis Approach and Quantitative Analysis Method, we built index system by four factors, namely, extent of farmland connectivity, local financial support, grain production capacity and farmland consolidation potential....

This article takes a forestry company in Heyuan City of Guangdong Province for example, to research the FMUs (Forest Management Units)-oriented subcompartment data sharing technology, and realize the software platform based on Visual Basic development environment. The software platform can...

As to tea resources in Guangdong Province at present, there are 4 kinds of national geographical indication products, 2 national geographical indication trademarks, and 1 kind of national geographical indication of agricultural products. We conduct a analysis on the current protection of...

In this paper, we present the changing properties of losses due to occurrences of droughts, floods and typhoon disasters in the Guangdong province, a comparatively economically prosperous province in the south China. Influences of typhoon activities on droughts and floods are also analysed....

Based on the previous research result, ADF test method， Johansen test method and Error Correction Model are introduced. According to the relevant data in Guangdong Province in the years 1985-2006, co-integration analysis, Error Correction Model, impulse response function and variance...

To find the key impact factors of CO2 emissions to realize the carbon intensity target, this paper examined the impact factors of population, economic level, technology level, urbanization level, industrialization level, service level, energy consumption structure and foreign trade degree on the...