Using recent survey data of Chinese rural households, we estimate the impact of credit constraints on Chinese rural households' income and consumption. Results reveal that 71% of rural households are rationed in the credit markets. The credit constraints have significant negative effects on the...

Many environmental problems are caused by changes in aspects of the hydrological cycle. Water balance modelling combined with field experiments can give us a better understanding of the components of the hydrological cycle from which to develop appropriate management options. Water balance...

Purpose – The purpose of this paper is to study whether, of China's food and agriculture (agri-food) export, the trade relationships along the extensive margin can transform into short-term ones, and further convert into long-term ones along the intensive margin with survival and maintenance,...

Purpose The purpose of this paper is to empirically analyze the impacts of short prohibitions on stock prices. Design/methodology/approach The authors adopt event study in this paper. First, the authors match each shortable stocks with one unshortable stocks by the propensity score matching...

Purpose: In accordance with the traditional ranking of “scholar, farmer, artisan and merchant” in China, entrepreneurs are characterized as having lower social status, and are driven by face consciousness to engage in conspicuous consumption. Education is not only a human capital investment...