When countries are asymmetric, trade with heterogeneous firms can crowd in less productive firms, and can reverse select less productive firms to specialize in export. Whether and how these outcomes will arise depends on a country’s standing in the world. In particular, reverse selection takes...

With rapid urbanization, land use change has shown a close negative relationship with ecosystem services, especially in urban agglomerations. Thus, rational urban planning involving key ecosystem services (ESs) in highly urbanized areas has become urgent and crucial in urban ecology and urban...

This paper presents a simple model of monopolistic competition that features a general class of additively separable preferences without any fixed costs. While trade always crowds out less productive firms as long as countries are symmetric, we show that the impact is independent of entry/exit a...

When countries are asymmetric, trade with heterogeneous firms can crowd in, rather than crowd out, less productive firms, and less productive firms almost always specialize in export. Whether and how these phenomena will arise depends on a country’s standing in the world. Our study helps...

This paper examines the choice of commercial breaks by a television network in a monopoly setup. It is assumed that viewers dislike commercials, while the network seeks to maximize the total audience for these commercials through its choice of the number, length, and timing of commercial breaks....

Purpose - Expanding and developing the theoretical implications of socialist market economy with China's experience. Design/methodology/approach - In the course of exploring the development of a market economy, China has given full play to the advantages of the socialist system, which has...