Business-to-customer (B2C) online auctions differ from customer-to-customer (C2C) online auctions by having much less sellers who have established their reputations. Thus, B2C online auctions face much lower levels of information asymmetry and relies more on seller's signaling and buyers'...

Since the 9th Five Year Plan (FYP) period (1996-2000), the Chinese central government began to adopt the total emissions control (TEC) policy, a target-based environmental regulation which set emission reduction targets for designated pollutants. The policy became highly binding for local...

This paper tests the impact of managerial entrenchment on diversifying acquisition and the governance effect of ownership structure by Chinese A-share listed companies. We developed an entrenchment index based on three categories: human capital characteristics, the incentives of companies, and...

This paper investigates the selective public goods provision behavior of China’s local government and its effects. Theoretic models of dominative local officials are constructed to understand public goods provision, which is compared with the residents’ as well as sectors’ demand for...

This paper uses a unique large-size data set from China's most developed areas to examine the innovation impacts of environmental regulations. Reduction mandates on designated pollutants between the 10th and the 12th Five-Year Plans (2001–2015) are explored to construct spatial and temporal...

This Paper utilizes 188 countries' world panel data (i.e. Penn World Table, see Heston, Summers and Aten, 2006) available from 1950 to 2003 to inquire the dual side relationships between government size and economic development. On the one hand, the expanse of government activities promotes...

A carbon nanotube based gas diffusion layer (CNT-GDL) for direct methanol fuel cells (DMFCs) was prepared by sintering the wet carbon paper made of CNT, polyacrylonitrile-based carbon fibre (PCF) and PTFE, completely replacing the commercial carbon paper based GDL (Toray-GDL). The results of...