China is faced with the big challenge of maintaining a remarkable economic growth in an environmental friendly manner; that is why forecasting the turning point is of necessity. Traditional econometric approaches do not consider the spatial dependence that inevitably exists in the economic...

This paper intends to evaluate the impact of financial deregulation of US before 2008 through how the risks associated with mergers and acquisitions (M&As) affect banks' levels of solvency. This paper is the first that hypothesizes bank solvency to be affected by M&As directly and indirectly...

Banks receive two types of ratings from major rating agencies: an “all-in” and a “stand-alone” rating. This paper investigates whether or not rating gaps between the all-in ratings and standalone ratings could serve as a useful measure for the systemic risk of banks. Using US data from...

This paper tests whether intergenerational transfers are given out of altruism or part of an exchange. We uniquely draw a distinction between the transfer motives in a semiparametric, two-part model. Compared to models employed by extant studies, this approach makes less parametric assumption,...

This chapter could be found here: https://link.springer.com/content/pdf/10.1007/978-981-13-5744-2_37-1.pdfThis chapter focuses on the changes and trends in Chinese bilateral investment treaties and relatedly investment rules of China’s free trade agreements. It analyzes a number of questions:...

Despite empirical evidence that individuals form their fertility preferences by observing social norms and interactions in their environments, the exact impact of these peer effects remains unclear. We thus use data from the 2014 and 2016 China Labor-force Dynamics Survey to investigate the...

Using density functional theory with a semiempirical van der Waals approach proposed by Grimme, the adsorption behavior of carbon monoxide on a gold monolayer supported by graphene or monolayer hexagonal boron nitride has been investigated. Based on the changes in the Dirac cone of graphene and...

We investigate field effect transistors (FETs) based on semiconducting armchair-edged silicene nanoribbons (ASiNRs) by using ab initio quantum transport calculations. These FETs have high performance with an I <Subscript>on</Subscript>/I <Subscript>off</Subscript> ratio of over 10<Superscript>6</Superscript> and a subthreshold swing as small as 90 mV/decade....</superscript></subscript></subscript>

The current cost-plus natural gas pricing mechanism makes the gas price too low, resulting in a lot of consumer-side subsidies, which makes natural gas over-consumed. This paper applies the price-gap approach and input-output analysis technology to quantitatively analyze both of the direct and...

In the recent decades, most countries' CO2 intensity has decreased, but their decline rates are significantly different. Based on the data set of 89 countries from 1980 to 2008, this paper tries to quantitatively investigate the potential reasons for their differences, and discusses the...