This study examines the asset–stock liquidity relationship for firms with location‐specific assets. Using a sample of real estate investment trusts (REITs), we extend the concept of asset liquidity to include information based on local property market turnover. Our findings confirm that...

Significant pressure from increasing CO2 emissions and energy consumption in China's industrialization process has highlighted a need to understand and mitigate the sources of these emissions. Ammonia production, as one of the most important fundamental industries in China, represents those...

An improved understanding of investment decisions on low-carbon technology will greatly facilitate assessing the effectiveness of carbon emissions mitigation policies. We use the example of implementing CCS (carbon capture and storage) within ICL (indirect coal liquefaction), a controversial...

This study investigates whether an increase in cross-border bank lending can lead to spillover effects among housing markets of developed countries using a dynamic spatial panel model. Variations in house prices in one country can spill over house prices in other countries by transmitting...

Sustainable development and global climate change have figured prominently in scientific analysis and international policymaking since the early 1990s. This book formulates technology strategies that will lead to environmentally sustainable energy systems, based on an analysis of global climate...