As one of the largest energy consumer in the world, China has been facing great pressure to guarantee energy supply security. Investigating the driving forces dominating China energy consumption levels and their evolution may help to institute energy saving policy. Nowadays, the LMDI...

In 2003, China launched the New Cooperative Medical Scheme (NCMS), a public healthcare plan targeting rural households. While the literature mostly considers the impact of NCMS coverage on health outcomes, we investigate potential impacts on labor supply and household savings levels. To mitigate...

This study proposes a new VMD-ICEEMDAN-LSTM model, that combines secondary decomposition with long short-term memory neural networks (LSTM) to forecast realized volatility (RV) of Chinese crude oil futures. First, RV sequence is decomposed into sub-components and residuals using variational mode...

To mitigate global climate change and achieve the targets of the Nationally Determined Contributions (NDCs), the Chinese government implemented a carbon emission trading scheme (ETS) pilot policy in batches. However, there has been no unified consensus at present on whether the ETS pilot policy...