The flux of evaporation, transpiration and deep percolation play an important role in agricultural water management. In this study, oxygen-18 was used to determine the three fluxes in the summer corn and winter wheat field under existing irrigation pattern in Shanxi Province, China....

China faces the dual challenges of climate change and increased energy demand. These challenges in turn increase the demand for wind energy development. Along with rapid growth in manufacturing capacity, Chinese companies have aspired to increase their innovation capacity in order to enhance...

Climate mitigation at the local level plays a highly important role in greenhouse gas (GHG) emissions mitigation. This research presents a summary of the local efforts in China’s ecological industrial parks (EIPs) to assess GHG emissions and identify potential mitigation measures. Through...

By drawing on new institutional economics, this paper contends that the "rules-of-law" specified by the World Trade Organization (WTO), as an exogenous institution for the member states, will theoretically influence its members' domestic telecommunications regulatory institutions, but that the...

This paper utilizes the newly developed method of a generalized spectral test to examine the weak-form efficiency of the main worldwide crude oil markets. The generalized spectral test, unlike other methods, can detect both linear and nonlinear serial dependence in the conditional mean and...

This paper analyzes three major asymmetries in stock markets, namely, asymmetry in return reversals, asymmetry in return persistency and asymmetry in return volatilities. It argues for a case of return persistency as stock returns do not always reverse, in theory and in practice. Patterns in...

This article investigates the partial adjustment process with asymmetries on Chinese stock index returns and volatilities. Rolling sample windows method is proper to capture evolving asymmetric behaviours of Chinese emerging stock market. The empirical evidence shows that index returns do have...

This study utilizes tests based on ranks and signs suggested by Wright (2000) together with the traditional variance ratio test to examine the behaviour of some Chinese stock indices. The results have shown that the null hypothesis of martingale difference behaviour of the Chinese index returns...

The paper uses rolling sample tests to investigate time-varying calendar effects in the Chinese stock market, based on the GARCH (1, 1)-GED model. The Friday effect existed with low volatility at the early stage, but it seems to have disappeared since 1997. The positive Tuesday effect began to...