In China there has been considerable discussion of how one should express the efficiency of energy conversion and production. Energy return on investment (EROI) can be useful for this because its methodology is based on outputs and inputs. Unfortunately, similar to the rest of the world, most of...

This paper uses the multivariate GARCH methodology to investigate spillover effects of deposit rates and its volatility among the United States, Japan and German. Empirical results show that multivariate GARCH (1,1) is appropriate and the deposit rate of one country is affected by the domestic...

The increasing globalization of businesses presents many challenges including the challenges of cultural integration and cross-cultural conflicts. Utilizing the seminal work of Nakata and Sivakuimar (1996) linking national culture and new product development, this paper further explores the...

As the cleanest fossil fuel in terms of carbon dioxide (CO2) emissions, natural gas demand is expected to increase rapidly in future due to its important role in the transition of the world energy system. In this case, understanding potential limits to future production of the world's natural...

Extracting, processing, and delivering energy requires energy itself, which reduces the net energy available to society and yields considerable socioeconomic implications. Yet, most mitigation pathways and transition models overlook net energy feedbacks, specifically related to the decline in...

As the cleanest fossil fuel in terms of carbon dioxide (CO2) emissions, natural gas demand is expected to increase rapidly in future due to its important role in the transition of the world energy system. In this case, understanding potential limits to future production of the world's natural...

A growing number of major natural gas markets in the world have adopted the gas-on-gas competition, or are in the phase of transition to this price formation mechanism. In this situation, China has also started to reform the pricing mechanism by establishing gas trading centers in Shanghai and...

The authors explore the impact of artificial intelligence on the economy by improving the neoclassical production function and the task-based model. Based on the capital accumulation of artificial intelligence and technological progress, they present a theoretical model that explores the effect...

We examine how monitoring costs and costs of financial distress affect the use of performance pricing provisions in bank loan contracts. We find that firms that are easier to monitor, such as those with better accounting quality, lower information opacity, or a stronger prior relationship with...

This study investigates Chinese equity mutual funds’ performances while holding those that are well behaved in financial disclosure (transparent) companies, so-called peace of mind investing. This study uses detailed semi-annual data on mutual funds from 2011 to 2020, and finds that holding...