This paper proposes new dynamic conditional futures hedge ratios and compares their hedging performances along with those of common benchmark hedge ratios across three broad asset classes. Three of the hedge ratios are based on the upward-biased carry cost rate hedge ratio, where each is...

Entrepreneurship is becoming increasingly essential in this current era of the knowledge economy. It contributes to the innovation of products and services as well as improved processes. In the long-run, it can also improve the sustainability of the economy by depicting better efficiency and...

The focus of this paper aims to comprehensively analyze the global high-level scientific output of economic corridors. In this study, bibliometric method is utilized not only to help identify core collaboration networks among authors, institutions, countries, but also to characterize research...

Using a sample of 124 countries assisted by China from 2000 to 2019, this paper examines the impact of foreign aid on outward foreign direct investment (OFDI) and the mitigation mechanism of risk. The research finds that, first, foreign aid can significantly reduce the country risk of recipient...

This study examines how digital economy development in China impacts the urban-rural income gap. We construct a digital economy development index using panel data from 30 provinces and cities in China from 2013 to 2021. By combining a spatially varying coefficient model with a chain-mediated...