This paper aims to present certain composite sustainability efficiency indicators for China based on a sequential generalized directional distance function. This approach can measure the sustainability performance of a country with diverse outputs, nature of technologies, and non-radial slacks....

This study examines the determinants of farmers’ willingness to pay (WTP) and their payment levels for ecological compensation of the Poyang Lake Wetland in China. We developed a farmer household survey and gathered 292 effective responses. The contingent valuation method (CVM) and Heckman’s...

With the development of the smart grid in China, new opportunities for responsive industrial loads to participate in the provision of ancillary services (AS) will become accessible. This paper summarizes AS in China and analyzes the necessary characteristics and advantages of industrial users to...

This study examines and decomposes dynamic changes in total factor carbon emissions performance within the transportation sector in China, incorporating the impact of regional heterogeneity. For this purpose, we combine the metafrontier approach with the non-radial Luenberger productivity...

A compression heat pump driven and membrane-based liquid desiccant air dehumidification system is presented. The dehumidifier and the regenerator are made of two hollow fiber membrane bundles packed in two shells. Water vapor can permeate through these membranes effectively, while the liquid...

Improving energy efficiency has been widely regarded as one of the most cost-effective ways to improve sustainability and mitigate climate change. This paper presents a sequential slack-based efficiency measure (SSBM) application to model total-factor energy efficiency with undesirable outputs....

China is the world's largest CO2 producer and energy consumer. In this paper, we calculate the maximum technically obtainable CO2 emissions reduction from the efficient use of inputs and estimate the shadow prices of CO2 emissions in order to assess the potential cost savings deriving from...

This paper proposes a meta-frontier non-radial directional distance function to model energy and CO2 emission performance in electricity generation. This approach allows for the consideration of the group heterogeneity of electricity generation, non-radial slacks, and undesirable outputs...

As E-commerce is developing in China, using E-commerce becomes more important to small and medium enterprise (SMEs). The small business has several advantages, including low cost and the ability to begin on a part-time basis. E-business technology can strengthen these advantages. In this paper,...

This paper studies the general behavior of the nominal and real term structures of interest rates in a general equilibrium framework. A central bank is introduced in the model as an agent facing a tradeoff between inflation and output and choosing a monetary policy variable. Prices and output...