The competition power of the Agricultural Bank of China has been dropping down for several years. The reason is that banks at the grass-roots level don’t think much of managing the subtle links. The paper uses the theory of butterfly effect in Chaos for reference to discusses the risks existed...

This paper analyzes the endogeneity of licensing arrangements in cost-reducing cumulative innovation. There exists the following results. First, for the first-generation patentee, ex post licensing matters for rent extraction while ex ante licensing matters for efficiency. Second, if the...

Using 1987, 1996, and 2004 data, we show that the gender pay gap in the Chinese urban labor market has increased across the wage distribution, and the increase was greater at the lower quantiles. We interpret this as evidence of the “sticky floor” effect.We use the reweighting and recentered...

The cubic hydrate simulator (CHS) is used to study the methane hydrate production behaviors in porous media by the thermal stimulation with a five-spot well system. The hot water injection rates range from 10.0 to 40.0ml/min. The thermal stimulation process is analyzed, and the conclusions are...

In order to curb anthropogenic carbon emissions and achieve the carbon intensity reduction target in China, it is crucial to shed light on influencing factors of carbon emissions at the city level. This paper selects Tianjin, one of the largest economic centers in northern China, as a study...