By using a farm’s data in Yantai City and the theory of Cost-Volume-Profit analysis and the financial management methods, this paper construct a multi-factor analysis model for improving profit management using Excel 2007 in Shellfish farming projects and describes the procedures to...

This survey paper examines various information insufficiencies in biodiversity conservation and their impact of regulatory choices. We surveyed the literature in the field and identified four major types of informational insufficiencies in making efficient biodiversity conservation decisions: 1)...

Upstream nonpoint source pollution has become a significant threat to urban drinking water safety in the People's Republic of China. Payment for environmental services (PES) is seen as a promising mechanism to deal with the situation. In designing a sound PES, it is crucial to determine the...

The choice of an appropriate social discount rate for cost–benefit analysis of public projects has long been a contentious issue and subject to intense debate among economists. This debate has gained new impetus from the recent discussions on the economics of climate change. The purpose of...

Flood insurance is an insurance contract that covers losses to properties caused by flooding. Although floods affect Asia more than any other continent in the world, flood insurance is still at its nascent stage in the region. This paper explores the potentials and challenges of adapting flood...

This paper investigates the impacts of climate change on the People's Republic of China's (PRC) grain output using rural household survey data. We highlight the regional differences of impacts by estimating output elasticities for different grain crops and different regions. Our results indicate...

The impacts of climate change on agricultural production in the People's Republic of China (PRC) are significant, and differ across regions and crops. The substantial regional differences will induce changes in the agricultural interregional trade pattern. In this paper, we investigate the...

The present paper is a first attempt to develop a theoretical model using a short-term vis-à-vis long-term contract framework within which donor countries’ endorsement or rejection decision towards the recently proposed International Finance Facility (IFF) is rationalized. The current foreign...