Tsinghua University, one of the top universities in China, has conducted a lot of collaborative R&D projects with multinational companies in the recent years. One of tough issues in the collaborative R&D is to deal with the intellectual property rights. The Chinese Patent Law and other relevant...

Joint ventures between the public and private sectors for large-scale mixed-use development projects stem from a widely used model conceived in the United States in the 1970s, with a specific focus on downtown redevelopment. Beginning in the 1990s, as more cities in the world experienced...

This paper evaluates coal, petroleum, natural gas, nuclear energy and renewable energy resources as energy alternatives for China through use of a hierarchical decision model. The results indicate that although coal is still the major preferred energy alternative, it is followed closely by...

Horn (1988) proved a necessary and sufficient condition for the stochastic ordering of an arbitrary folded normal variable and a standard folded normal variable. This paper studies the more general case and presents the necessary and sufficient conditions for the stochastic ordering of two...

This paper uses a spatial multi-intervention difference-in-difference method to examine the opening and planning impacts of transport improvements on land markets in a mega-city of China. The results suggest the significant heterogeneity in the capitalization effects from changes in rail access...

To establish a reasonable system and mechanism for Chinese energy prices, we use the Granger causality test, Hodrick–Prescott (HP) filter and time difference analysis to research the pricing relationship between Chinese and international energy prices. We find that Chinese and international...

The retirement of the baby boomers is expected to severely cut U.S. stock values in the near future. Since population aging is widespread across the world’s largest countries, this raises the question of whether global aging could adversely affect the U.S. equity market even further. However,...

This study develops a biennial Malmquist–Luenberger  productivity index that is used to measure the sources of economic growth by utilizing data envelopment analysis and the directional distance function. Taking restrictions on resources and the environment into account based on the green...

Information technology fueled a surge in U.S. productivity growth in the late 1990s and early 2000s. However, this rapid pace proved to be temporary, as productivity growth slowed before the Great Recession. Furthermore, looking through the effects of the economic downturn on productivity, the...