We propose measures of the directional volatility spillovers between the Chinese and world equity markets based on Diebold and Yilmaz's (2011b) forecast-error variance decompositions in a generalized vector autoregressive framework. It was found that the US market had dominant volatility impacts...

Volatility forecasting is an important issue in empirical finance. In this paper, the main purpose is to apply the model averaging techniques to reduce volatility model uncertainty and improve volatility forecasting. Six GARCH-type models are considered as candidate models for model averaging....

In this study, the catalytic performance of commercial CaO modified by trimethylchlorosilane (TMCS) for transesterification of rapeseed oil and methanol to biodiesel production was investigated. It was found that the fatty acid methyl esters (FAME) yield of the modified CaO was greatly enhanced...

A new type of solid superacid catalyst with the composition of /ZrO2-TiO2 loaded with lanthanum was prepared by precipitation and impregnation. The catalytic performance for the synthesis of fatty acid methyl ester from fatty acid and methanol was investigated. The influences of preparation...

This paper re-examines the impact of demographic factors on the current account balance. To this end, we develop an analytical framework that is more general than the one commonly used in the literature in three aspects. First, it accounts for the facts that the world current account balance...

Zhang J., Madsen B. and Jensen-Butler C. (2007) Regional economic impacts of tourism: the case of Denmark, Regional Studies 41, 839-853. The Danish interregional general equilibrium model LINE is presented together with its tourism submodel. The model is used to analyse the importance of tourism...

Employing the conceptual framework of play themes, this study examined and reported the product categories that presented branded entertainment the most, the different types and features of branded entertainment, and how various play themes were incorporated in branded entertainment in the...

Few studies have explored the direct influence of social networking websites (SNWs), and to the best of our knowledge, none have examined the indirect influence of SNWs on users and how that indirect influence leads to word-of-mouth related behaviors in SNWs. This study employs the theoretical...

The disparity of consumption expenditure among rural areas in China was studied. Then income and living expenditure of rural residents were divided into 5 grades. Principle and method of Cluster Analysis were introduced. Next, Cluster Analysis was adopted to research the disparity of rural...