Resource-based cities were once the backbone of Chinese economy for decades. When natural resources were depleted, however, these cities become negative assets of China and urgently need sustainable transition. Given the vast number of resource-exhausted cities in China, their success...

There is widespread concern that an international agreement on stringent climate policies will not be reached because it would imply too high costs for fast growing economies like China. To quantify these costs we develop a general equilibrium model with fully endogenous growth. The framework...

Chaos theory reveals structure in aperiodic, dynamic systems. The number of nonlinear business cycle models use chaos theory to explain complex motion of the economy. The basic aim of this paper is to provide a relatively simple chaotic economic growth model that is capable of generating stable...

This paper accounts for China's economic growth since 1980 in a unified endogenous growth model in which a sequencing of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income. The first stage is characterized by physical capital...

There is widespread concern that an international agreement on stringent climate policies will not be reached because it would imply too high costs for fast growing economies like China. To quantify these costs we develop a general equilibrium model with fully endogenous growth. The framework...

The purpose of this paper is to highlight a version of the Balassa-Samuelson effect for emerging countries with a new dataset. More than the catching-up effect, we will measure the convergence for three emerging countries: Brazil/China/India. We will compare the convergence between these...

The rapid growth of ASEAN economies, the People's Republic of China and India (called ACI henceforth) - major drivers of Asia and the world economy - during the last five decades has caused significant strains on their scarce resources, particularly energy and contributed to serious problems of...

Orchard development on eroded uplands is considered as a successful method in integrating soil erosion treatment with economic development in many developing countries. However, much attention focused on its present achievements without thinking over the economic viability over long plantation...

The concept of sustainable development has always been on the lips of many government officials in Hong Kong. Yet, seldom could we find a paper specifically investigate the sustainable development objective of property management companies’. There are two major objectives in this paper: 1) to...