In the development of the national economy, the means of production and the means of livelihood must develop in a proper ratio. The development of the production of the means of production must be at a faster rate than that of the means of livelihood. However, if the development of the...

The paper highlights the findings of a study from selected ecosystems in Indonesia, China and Japan. The study sought to trace changes to productive resources of ecosystems over a period of 50 years; and trace the dependence of well-being of local populations on the ecosystems for the same...

Purpose – This study aims to look into how volatility significantly impacts the tracking error for daily-rebalanced leveraged bull and bear ETFs. Design/methodology/approach – Using Morningstar return data and Chicago Board Options Exchange (CBOE) volatility index (VIX) data, the paper...

This paper discusses the wealth distribution in a finite-sized closed economic system, where each agent may choose one amongst the four strategies: hawk, defect, cooperate and dove. When two agents encounter, exchange of the wealth is decided by the rules defined. The simulation results show...

We investigate the effects of delaying the time to recovery (delayed recovery) and of nonuniform transmission on the propagation of diseases on structured populations. Through a mean-field approximation and large-scale numerical simulations, we find that postponing the transition from the...

Based on the theory of cooperation and competition, this study examines the relationships between cooperative goals, advice network, and team performance, and their boundary conditions. Based on multi-source data from 189 teams in a military organization, results indicate that cooperative goals...

A fin-and-tube evaporator can be used for an ORC (organic Rankine cycle) to collect waste heat of the exhaust gas of an internal combustion engine. In this paper, the thermal-hydraulic characteristics of an ORC evaporator are analyzed using a CFD method. A 3D numerical model is derived from an...

Through the collection of related literature, we point out the six major factors influencing China's forestry enterprises' financing: insufficient national support; regulations and institutional environmental factors; narrow channels of financing; inappropriate existing mortgage-backed approach;...

This paper documents the short- and long-term balance sheet effect of cash flows. We show that cash savings in the short run and debt reduction in both the short and the long run account for a substantial fraction of cash flow use. Although, in the long run, investment exhibits substantial...