Purpose – The purpose of this paper is to investigate the short-run return and volatility spill-overs across three major international copper futures markets: London Metal Exchange (LME), New York Mercantile Exchange (NYMEX), and Shanghai Futures Exchange (SHFE). Design/methodology/approach...

The dynamic minimum variance hedge ratios (MVHRs) have been commonly estimated using the Bivariate GARCH model that overlooks the basis effect on the time-varying variance-covariance of spot and futures returns. This paper proposes an alternative specification of the BGARCH model in which the...

Data from eight major stock markets world-wide and five industries in each market are analysed. The correlations of return indices between countries and industries are studied with the hope of finding answers or confirming previous empirical answers to the following questions and the...

Women are an important mainstay of agricultural production in China, though their access to land is characterized by even greater ambiguity than that of their male counterparts. As part of its path toward liberalization, China undertook agricultural land management policy reforms that were aimed...

This paper establishes mixed duopoly game-theoretical models to investigate the economic impacts exerted by privatization in the presence of the environmental pollution. When the residents’ environmental preference is introduced to the public firm’s objective function, we mainly find that...

This paper investigates the comovement and tail dependence between Chinese Yuan and New Taiwan Dollar non-delivery forward (NDF) rates against the U.S. dollar. We adopt the copula modeling approach to capture dynamics of correlation and tail dependence between two NDF rates. It is shown that the...

We present a class of collaboration networks, named cross-talk network of China (CTNC), in which two players are considered connected if they have performed one or more comic dialogues together. We study a variety of statistical properties of our networks, including degree distribution,...

As one of the important driving forces of world economic development, China's rapid economic growth has not only supplied the world with a large number of manufactured goods, but also caused China's sustained and rapid increase in energy consumption because of the characteristics of China's...