China is now experiencing economic, social, and environmental challenges simultaneously on a massive scale. In response to the dilemma between rapid economic growth and severe environmental deterioration, China’s policymakers are considering introducing the dynamism of sustainable development...

The mitigation of carbon emissions has been the subject of gradual policy development in the international community during recent years. China, as the world’s most populous and largest developing country, is a large greenhouse gas (GHG) emissions source that grows rapidly in line with its...

The largest and most important flow of scientific talent in the world is the migration of international students to the doctoral programs offered by universities in industrialized countries. This paper uses the opening of China in 1978 to estimate the causal effect of this flow on the...

According to a recent inventory of the International Energy Agency (IEA),China is now the world’s largest source of energy related carbon dioxide (CO2) emissions. Excessive CO2 emissions in China not only contribute to global climate change, but also endanger the lives of countless citizens...

Administration service centers (ASCs) are the beginning of the one-stop service in Chinese government besides electronic government. The purpose of this paper is to provide a practice report and a theoretical analysis of such an organisational innovation in public service. The methodologies are...

Administration service centers (ASCs) are the beginning of the one-stop service in Chinese government besides electronic government. The purpose of this paper is to provide a practice report and a theoretical analysis of such an organisational innovation in public service. The methodologies are...

We combine forward investment performance processes and ambiguity averse portfolio selection. We introduce the notion of robust forward criteria which addresses the issues of ambiguity in model specification and in preferences and investment horizon specification. It describes the evolution of...

In quantitative finance, we often model asset prices as a noisy Ito semimartingale. As this model is not identifiable, approximating by a time-changed Levy process can be useful for generative modelling. We give a new estimate of the normalised volatility or time change in this model, which...

This paper presents the first empirical assessment of the causal relationship between social capital and health in Italy. The analysis draws on the 2000 wave of the Multipurpose Survey on Household conducted by the Italian Institute of Statistics on a representative sample of the population (n =...

In this study, we examine how the rice futures market in prewar Japan evolved in light of changes in market efficiency over time. Using a non-Bayesian time-varying VAR model, we compute the time-varying degree of market efficiency of the rice futures exchanges in Tokyo and Osaka. Then, we...