This paper simulates the GDP spillover effects between China and U.S. caused by the implementation of different climate protection policies. It is based on a combination of several climate protection models, which are the State-contingent Model and the Demeter Model, and the GDP Spillovers...

Based on literature reviews, case studies and other information available on the web, this paper examines the evolution and status of strategic environmental assessment in China by reviewing the progress that has been made; discussing the issues and problems encountered and exploring the best way...

Farm equipment depreciation has been the focus of research in economics and engineering for more than 60 years. Using data from 16 years of auction sales, depreciation functions were estimated for 17 types of equipment, including tractors, combines, swathers, planters, discs, and trucks. The...

We propose a suite of statistical methods for inferring a cis-regulatory module, which is a combination of several transcription factors binding in the promoter regions to regulate gene expression. The approach is an integrative analysis that combines information from multiple types of...

High and rising prices in Chinese housing markets have attracted global attention, as well as the interest of the Chinese government and its regulators. Housing markets look very risky based on the stylized facts we document. Price-to-rent ratios in Beijing and seven other large markets across...

With the increasing number of large scale and centralized livestock farms in Inner Mongolia Autonomous Region (IMAR), there is an urgent need to dispose huge amount of animal excrement. In combining with economic restructuring in agricultural and pastoral areas in IMAR, it is an important means...

The Environmental Impact Assessment Law (EIA Law) of the People's Republic of China was adopted on 28 October 2002. It is the most progressive legislation addressing environmental issues in China to be developed over the past decade. The new EIA Law explicitly states that environmental impact...

Previous research on the United States and Japan finds economically large impacts of changing real estate collateral value on firm investment that amplified the business cycles of those countries. Working with unique data on land values in 35 major Chinese markets and a panel of firms outside...

In this paper we study the penalization schemes for multi-valued stochastic differential equations driven by standard Brownian motions. Especially, we obtain the rate of the strong mean square convergence of the penalization schemes.

In the recent financial crisis, macroeconomic stimuli produced mixed results across developed economies. In contrast, China's stimulus boosted real GDP growth from an annualized 6.2% in the first quarter of 2009 trough to 11.9% in the first quarter of 2010. Amidst this phenomenal response, land...