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The size effect can be attributed to the relative importance of growth options versus assets-in-place in total assets. By incorporating the changing trend of growth options over firm lifecycle into the dynamic investment model developed by Berk et al. (1999), this paper demonstrates that the...
Persistent link: https://www.econbiz.de/10013272648
In this paper, an energy level analysis model of oil transfer station system is established, which is divided into oil transfer station subsystem and pipeline network subsystem. From the perspective of the level of energy, the system is evaluated and optimized by virtue of using energy level...
Persistent link: https://www.econbiz.de/10012220963
This paper helps build a clear picture of the role of women in China's agriculture and, if agricultural feminization has been occurring, its impact on labor use, productivity, and welfare. Using two data sets that track changes in labor use over time, the authors examine the evolution of off...
Persistent link: https://www.econbiz.de/10012554334
This study examined the effect of local officials' political capital on poverty alleviation by using a manually compiled database of county party secretaries (CPSs) in impoverished counties in China. The empirical results reveal that CPSs with political capital positively affect poverty...
Persistent link: https://www.econbiz.de/10014465899