We examine the indirect impact of price deals, which occurs through the formation of expected future prices, on households' purchase decisions. Two competing learning processes of households' formation of expected future deals that lead to opposite predictions are proposed. Under a...

Overseas industrial parks (OIPs) offer platforms to host countries for foreign and domestic company agglomeration in key industries to promote economic development. This study examined 126 Chinese OIPs in “Belt and Road Initiative” (BRI) countries to study the productive effects in the host...

This study evaluated the organizational resilience of Chinese listed companies under extreme heat events based on the cumulative abnormal return of stocks during severe environmental disturbances. Based on institutional, stakeholder, and risk management theories, the extreme heat event in August...

We examine the relationship between the usage of household clean cooking fuels in rural areas and elderly’s overall well-being using micro survey data from the China Health and Retirement Longitudinal Study (CHARLS). We make two key innovations to the literature. First, we move one step...

Brand awareness plays an important role in brand construction and brand recognition, which is regarded as the foundation for brand development. To some extent, brand awareness can directly influence consumers’ purchase intention. Taking Chinese college students who will become main consumers...

We contribute to the burgeoning literature on macroeconomic forecasting by exploring the benefits of machine learning methods. The performance of machine learning algorithms, factor models and MIDAS in forecasting China’s real GDP growth rate is evaluated in an extensive pseudo out-of-sample...

Assessing the profitability of a customer is very important to a firm from the standpoint of planning retention (and even acquisition) initiatives. Customer profitability is also the defining concept of customer relationship management (CRM). In this paper we propose a framework to quantify the...