Ice accretion seriously impairs the aerodynamics performance of the aircraft wing surface. In this paper, the influence of power density and actuator configuration on stream-wise plasma heat knife anti-icing is studied. And the anti-icing performance of two kinds of electric heating film is...

This paper analyzes the spatial and temporal distribution of CO2 emissions intensity and energy intensity in China by using spatial measuring method from 2000 to 2013 and estimates the potential for CO2 emissions reduction. The results obtained in this study include: (1) Both CO2 emissions...

This study analyzes the relationship between dollar exchange rate and crude oil price. Unlike previous literature which established a bilateral causal relationship between the two prices, this paper proposes that gold price is likely to be a common driver of the two prices and therefore, the...

We build a multi-sector spatial general equilibrium model to account for China’s export surge between 1990 and 2005. We focus on the role of the reductions in tariffs and internal migration costs during that period. Our model generates a closed-form aggregate trade elasticity that can be...

We built a multi-sector spatial general equilibrium model, featuring heterogeneous firms’ and workers’ location choices, to account for China’s export surge between 1990 and 2005 from three policy changes: China’s import tariffs, tariffs imposed against China’s exports, and barriers to...

This paper provides a comprehensive study of deal characteristics and participants’ involvement in leveraged buyouts (LBOs) and their impact on target firms’ performance. Using a sample of 501 U.S. LBOs completed between 1986 and 2011, I find that better post-buyout operating performance are...

A “person having ordinary skill in the art” (PHOSITA) or “a person skilled in the art” is a legal construct that is extensively used in patent law as a tool to homogenize and standardize the estimation and evaluation of patentability requirements i.e. nonobviousness, insufficient...

There are lots of research about how to motivate employees to innovate. However, there are still pros and cons about whether financial rewards can motivate employees to innovate. Moreover, previous studies tend to analyze R&D employees, who have specific innovation functions within the...

A common suggestion for facilitating cross-border investment is to partner with a firm in the target nation. Unfortunately, high quality partners are not always available. We hypothesize and test whether investment syndicates consisting of nationally diverse private equity (PE) investors provide...

While numerous theories exist to explain the motivations behind herding, little empirical work has been done to document the extent that herding exists in the banks or link different hypotheses to actual bank herding behavior. This paper aims to fill the gap by applying the Lakonishock, Shleifer...