China’s Hainan Island is well-suited to investigate the announcement effects of regional tourism industrial policy on markets in a tourist destination region. Based on a sample of 19 Hainan concept listed firms distributed over several different industries, we explore the announcement effects...

Most economic models struggle to incorporate biophysical relationships between materials, energy and emissions, in order to appropriately deal with biophysical constraints of supply (and possibly also demand). After the incorporation of biophysical constraints, some functions produced surprising...