To solve engineering problems restricting development of China’s sorghum industry in the whole chain, this paper firstly introduces functions of sorghum industry to national economic and social development. Then, it analyzes current situations of engineering research of sorghum industry....

In the past decade, the Chinese government was increasingly relying on revenues from land sales to finance the public spending. This paper examines the impacts of land financing on business cycle fluctuations in China in an estimated DSGE model. The simulation results indicate that the overall...

The countercyclical trade balance ratio is one of the key stylized facts for open economies. The magnitude differs from country to country. Specifically, the trade balance ratio is more negatively correlated with output in emerging economies than in developed economies, suggesting that the trade...

The model of equilibrium exchange rate combining purchasing power parity (PPP) and uncovered interest parity (UIP) is widely tested using the cointegration approach. Most of the recent studies, however, are deficient in the treatment of expectations and the power of tests. This paper aims at...

Consumption is more volatile than output in developing countries while it is less volatile than output in developed economies. This paper shows that the relatively large home sector in developing economies contributes to this difference, and the driving force for this difference is technology....

This study examines intraday patterns of short sales, margin purchases, adverse selection, and bid–ask spreads in the order-driven market of the Taiwan Stock Exchange (TWSE). We find that both short sales and margin purchases exhibit a U-shaped intraday pattern in the TWSE. We further show...

Due to the quick advancement of science and technology, the services sector which has a high content of knowledge and technology has experienced globally expeditious development in the past decade. Development in general and the growth of Knowledge Intensive Business Services (KIBS) such as...

We propose a physical scheme for teleporting an unknown atomic state in cavity QED. Our scheme does not involve the Bell-state measurement. The most distinctive advantage of our scheme is that teleportation and distillation procedure can be realized simultaneously. In addition, the current...

The viscosity of the Ni60Zr30Al10 metallic glass-forming alloy was investigated in the supercooled liquid state and the glass transition region through the dilatation method as well as differential-scanning calorimetry. The calculation of the supercooled fragility, with m=78, indicates that this...

Typical collective behaviors in the Couzin model are exhibited by simulation, and some performances of the system such as convergence probability and relative size are analyzed. To provide an alternative to the constant-speed setting of the Couzin model, a velocity-adaptive strategy is...