This paper applies a locally weighted scatterplot smoothing (loess) method to estimate the spatially heterogeneous wages of demographic groups of workers across precisely defined US labor markets. We estimate a location choice model using data from the National Longitudinal Survey of Youth...

We consider a manufacturer that procures raw material through a long-term contract and spot markets to produce goods to be sold in a market that consists of risk-averse strategic consumers. To increase consumer demand and obtain demand information, the manufacturer may implement an advance...

Green product design is an effective instrument for achieving a circular economy. Topromote green product development, downstream retailers often enter into contracts with upstreammanufacturers and market green products. This study considers a decentralized green product supply chain comprising...

We use household data from northeast China to examine the link between investment and land tenure insecurity induced by China's system of village-level land reallocation. We quantify expropriation risk using a hazard analysis of individual plot tenures and incorporate the predicted "hazards of...

Chinese farmers rely increasingly on nonfarm activities to enhance their incomes. Previous studies identify human capital as a key factor in the selection of workers in the rural nonfarm sector, but these studies ignore the role of social networks, i.e., guanxi. Using data from a detailed...

Little is known about the magnitude of China's SOE labor redundancy and the patterns and determinants of job creation. Such knowledge gap makes it difficult for decision-makers to provide prescriptions for China's labor problems. This paper uses a panel data of Chinese provinces between 1986 to...

The overall goal of our paper is to estimate the impact of China's land rights on farm investment incentives and agricultural production. To meet the goal, the paper pursues three specific objectives. First, the paper briefly reviews the various linkages between land rights and investment...