The process of obtaining effective implementation of environmental laws is a process of “environmental governance.” Law, including environmental law and other fields of law related to environmental law, is essential to frame, facilitate, and foster the major parties to correctly play their...

This paper analyzes the foreign trade gap between 36 countries and regions and the role China played from 1978 to 2007. The study finds that the absolute gap among those countries increases but the relative gap decreases, the gap between the developing and the developed decreases, the...

<DIV>In this volume, distinguished Chinese and Western scholars provide a detailed examination of the problems associated with China's transition to a market-oriented system. A variety of reform proposals, aimed at resolving the contradictions inherent in piecemeal reform, are discussed along with...</div>

In this paper, we consider estimation of discrete response models exhibiting conditional heteroskedasticity of a multiplicative form, where the latent error term is assumed to be the product of an unknown scale function and a homoskedastic error term. It is first shown that for estimation of the...

We propose an estimation procedure for a semiparametric panel data censored regression model in which the error terms may be subject to general forms of nonstationarity. Specifically, we allow for heteroskedasticity over time and a time varying factor load on the individual specific effect....

Powell's (1984, Journal of Econometrics 25, 303}325) censored least absolute deviations(CLAD) estimator for the censored linear regression model has been regarded asa desirable alternative to maximum likelihood estimation methods due to its robustnessto conditional heteroskedasticity and...

We quantify the identifying power of special regressors in heteroskedastic binary regressions with median-independent or conditionally symmetric errors. We measure the identifying power using two criteria: the set of regressor values that help point identify coefficients in latent payoffs as in...

The Box–Cox regression model has been widely used in applied economics. However, there has been very limited discussion when data are censored. The focus has been on parametric estimation in the cross-sectional case, and there has been no discussion at all for the panel data model with fixed...

We consider censored structural latent variables models where some exogenous variables are subject to additive measurement errors. We demonstrate that overidentification conditions can be exploited to provide natural instruments for the variables measured with errors, and we propose a two-stage...