Along with the rapid economic development of China, carbon dioxide (CO<InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$_{2}$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <msub> <mrow/> <mn>2</mn> </msub> </math> </EquationSource> </InlineEquation>) emissions will inevitable rise in the future. This will happen even though the Chinese government has made a series of attempts to constrain the CO<InlineEquation ID="IEq2"> <EquationSource Format="TEX">$$_{2}$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <msub> <mrow/> <mn>2</mn> </msub> </math> </EquationSource> </InlineEquation>-emissions, and is committed to reduce...</equationsource></equationsource></inlineequation></equationsource></equationsource></inlineequation>

We examine duopolists that have convex production costs and locate under spatial price discrimination in anticipation of a merger. We show that the merger frequently results in locations that reduce social cost. This contrasts with the well-known result that with linear production costs the...

Hedonic models in environmental valuation studies have grown in terms of number of transactions and number of explanatory variables. We focus on the practical challenge of model reduction, when aiming for reliable parsimonious models, sensitive to omitted variable bias and multicollinearity. We...

An adaptation of the spatial heteroskedasticity autocorrelation consistent (SHAC) estimator from the context of a single cross section to a panel data environment is presented. The spatial model involved with the SHAC estimator is generalized to allow spatial lag parameters and spatial weights...

This paper discusses how the externality of environmental damage affects the equilibrium properties of a simple overlapping generations model with multiple regions. Simulation results indicate that the environmental policy of the government decreases capital accumulation. When the government...

Urbanization is going on in China. This paper considers the optimal process of urbanization in a theoretic framework. We already have the Henry George theorem, which asserts that the optimal amount of the public goods should equal the total amount of land rent for the optimal distribution of the...

In this study, we analyze asymmetric tax competition in the presence of capital agglomeration effects. As is well known from traditional studies of asymmetric tax competition, a pecuniary externality arises and distorts the efficiency of capital allocation between regions. We show that the...

Unemployment rates increase with the level of education of the group surveyed in several developing countries. The goal of this paper is to provide a theoretical framework to study the determinants of this phenomenon. The model I present uses unemployment as a punishment device to force workers...

We apply Malmquist index to measure Environmental Total Factor Growth in a sample of 28 provinces and cities in China over the period 1992–2009 while the removal amount of COD and SO<InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$_{2}$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <msub> <mrow/> <mn>2</mn> </msub> </math> </EquationSource> </InlineEquation> is regarded as the output for the first time, and analyze the impact of regional economic...</equationsource></equationsource></inlineequation>