For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is...

Accurate determination of evapotranspiration (ET) is useful to develop precise irrigation scheduling. Although eddy covariance (EC) is a direct method which is widely used to measure ET, its performance in arid region of northwest China is not clear. In this study, ET measured by EC (ETEC) was...

Large areas of vineyards have been established in recent years in arid region of northwest China, despite limited water resources. Water to support these vineyards is mainly supplied by irrigation. Accurate estimation of vineyard evapotranspiration (ET) can provide a scientific basis for...

The temporal patterns of evapotranspiration (ET) and its biophysical and physiological controls (e.g., soil water content, solar radiation, and canopy conductance) occur over a wide range of time-scales ranging from seconds to decades. Thus, there is increasing interest in understanding at which...

The Chinese model for economic growth is further transforming. While the rise in output was heavily based on investment and export activities in recent decades, private consumption is expected to become a driver for growth in the period ahead. However, the conditions for higher consumer demand...

With China's economic integration a new growth center capable of having a decisive influence on the global economy has emerged. Thus, strong increases in production in China could help to bolster the flagging economies of the industrialized world. This article will analyze the extent to which...

The Penman–Monteith (P–M) equation has been widely used to predict crop water use or evapotranspiration (ET) due to its simplicity and biophysically robust framework. Surface conductance (Gs), a key variable reflecting crop physiological and soil physical responses to changing environment,...

The Chinese model for economic growth is undergoing a fundamental reorientation. While output has been driven by investments and exports in recent decades, private consumption is expected to become a major trigger for future GDP growth. However, the conditions for higher demand from households...

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...

This paper investigates the rise and fall of the IV method in macro-econometric models and its subsequent revival in micro-econometric models. The key findings are: (i) the IV method implicitly breaks the contemporaneously circular causality postulated in a simultaneousequation model (SEM) by...