This paper uses the perfect market segmentation setting in China’s stock market to examine whether foreign investors are at informational disadvantage relative to domestic investors. We analyze the price discovery roles of the A- (domestic investors) and B-share (foreign investors) markets in...

This paper seeks to develop a new interactive approach which will facilitate the communication process between experts and regional stakeholders, by using a sound methodology and the opportunities offered by Internet. The application centers around one of the regions in the eastern part of The...

This paper provides a survey of central issues addressed in research and policy on the economics of water. The paper starts with a discussion of water, its supply and demand, and the institutions that bring supply and demand together. Special attention is paid to the specific features and...