Energy policies in China, including adopting renewable energy and thermal efficiency improvement, are expected to reduce carbon emissions associated with energy production. This study estimates the effects of energy choices on CO2 emissions and CO2 intensity using panel data for 2,741 counties...

This study examines the short- and long-term health consequences of prenatal exposure to air pollution by combining child health data from an original survey created in collaboration with the Air Pollution Index (API) from official Chinese statistics. We found that prenatal exposure to air...

Performance evaluation for universities or research institutions has become a hot topic in recent years. However, the previous works rarely investigate the multiple departments’ performance of a university, and especially, none of them consider the non-homogeneity among the universities’...

We study optimal capital structure by first estimating firm-specific cost and benefit functions for debt. The benefit functions are downward sloping reflecting that the incremental value of debt declines as more debt is used. The cost functions are upward sloping, reflecting the rising costs...

U.S. nonfinancial business debt increased substantially in recent years in both absolute and relative terms and is now near its record high. Figure 1 shows that most of this increase was due to significant growth in investment-grade (IG) corporate bonds and institutional leveraged loans, while...

Purpose This study investigates the possible curvilinear relationship between operational interdependency and supply chain performance as well as the contingency effect of supply chain disruptions, in terms of disruption orientation and disruption impact. Design/methodology/approach Path...

The risk-neutral density is a fundamental concept in pricing financial derivatives, risk management, and assessing financial markets' perceptions over significant political or economic events. In this paper, we propose a new nonparametric method for estimating the risk-neutral density using...

Purpose This study aims to make the mobile robot better adapt to the patrol and monitoring in industrial field substation area, a multi-mode mobile carrying mechanism which can carrying data collector, camera and other equipment is designed. Design/methodology/approach Based on the geometric...