Three types of market segmentation strategies are available to estimate hedonic housing price models—i.e. no segmentation, segmentation by using statistical clustering methods and segmentation by using a priori information. This research tests the hypothesis of Tiebout theory that...

Based on the development status and development characteristics of the "left-behind" children, we analyze the current situation of the "left-behind" children's values education in China. After studying the training methods and mode of young people's values in the US and Europe, we reflect on the...

An experimental system for heat recovery from low-temperature flue gas based on Organic Rankine Cycle (ORC) was constructed. In the system, R123 was selected as working fluid, a scroll expander was used to produce work, and fin tubes heat exchanger was designed as evaporator. Low-temperature...

This paper uses simulations to evaluate the performance of various methods for estimating factor returns in an approximate factor model when the cross-sectional sample (n) is large relative to the time-series sample (T). We study the performance of the estimators under a variety of alternative...

Sustainable development of agriculture has an important impact on both society and economy. In order to understand the patterns of spatio-temporal variation and the factors influencing agricultural green total factor productivity (AGTFP), this paper used Shandong province of China as a case...

In this paper we systematically compare forecasting accuracy of hypothesis testing procedures with that of a model combining algorithm. Testing procedures are commonly used in applications to select a model, based on which forecasts are made. However, besides the well-known difficulty in dealing...

In this paper we fit stochastic frontier production functions to data of Chinese farms grouped into each of four regions--North, Northeast, East, and Southwest--over 1995-1999. These frontier production functions are shown to have statistically different structures, and the elasticities provide...

In this paper we systematically compare forecasting accuracy of hypothesis testing procedures with that of a model combining algorithm. Testing procedures are commonly used in applications to select a model, based on which forecasts are made. However, besides the well-known difficulty in dealing...