Human behaviours are driven by two different types of motives: implicit and explicit motives. Psychologists have developed two main tools, namely time pressure and cognitive load, to disentangle the two motives. It implies that the values of willingness to pay (WTP) are sensitive to time...

Economic growth followed by urbanization and food supply modernization in developing countries would lead to substantial changes in food demand. Global agri-food systems are undergoing a rapid transformation towards high-value and high-quality products. China would be a good and important...

Using the data that comes from China Statistical Yearbook on High Technology Industry, this paper examines the human capital accumulation, the R&D expenditure and the FDI externality effects on the productivity improvement of Chinese high-tech industries. Our empirical results suggest that the...

In this paper, we consider a class of domination relations and investigate Lenglart domination inequalities for g-expectations introduced via backward stochastic differential equations.

Using a panel dataset for 28 sub-industries from 5 Chinese industries from 1995 to 2006, this paper examines the impact of human capital, R&D expenditure and FDI spillover on the productivity improvement of Chinese high-technology industries. The whole industry sample results suggest that human...

This paper considers the problem of model averaging for regression models that can be nonlinear in their parameters and variables. We consider a nonlinear model averaging (NMA) framework and propose a weight-choosing criterion, the nonlinear information criterion (NIC). We show that up to a...