Increased population pressure and political decisions have led to more intensive agricultural practices in China. As in other regions of the world, these practices can damage natural capital. We use the Kalman filter and Chinese panel data to estimate an index of environmental productivity...

China's unique combination of emissions charges and pollution abatement subsidies has given China's most heavily polluting industrial firms incentive to invest in pollution abatement.There have been extensive theoretical studies of firms' responses to environmental regulations and enforcement...

In this paper we carry out a preliminary exploration of a time scales’ conjecture, whichpostulates that “reasonable” notions of sustainability must include a suitable synchronisationof time scales of both the processes of human development and those of the naturalenvironment. We perform...

In this paper we carry out a preliminary exploration of a time scales' conjecture, which postulates that "reasonable" notions of sustainability must include a suitable synchronisation of time scales of both the processes of human development and those of the natural environment. We perform our...

Risk management is the key point of project finance. Giving the general description of project finance on basic concepts, this paper cited an internationally accepted index system of project financing risk evaluation and financial ramification tools to measure and controls the project financing...

This study relates theories of transaction cost economics and cultural diversity management with regards to a strategic alliance case. First it describes different types of transaction costs that are likely to occur in relation to the underlying case and gives some practical suggestions as to...

Financial crisis is not a new term to the world and has been through the financial globalization in the past decades. Many developing countries choose to stockpile a large amount of foreign exchange reserves to protect their economy from external shocks. However, given the declining value of the...