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Omitted variables and measurement errors in explanatory variables frequently occur in hedonic price models. Ignoring these problems leads to biased estimators. In this paper, we develop a constrained autoregression–structural equation model (ASEM) to handle both types of problems. Standard...
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Abstract We compare the influence of legal and political factors on the corporate ownership structure of Chinese listed companies. We find that: (1) the improvement of corporate law quality and the less government intervene on firms lead to a decrease in corporate ownership concentration; (2)...
Persistent link: https://www.econbiz.de/10014585215
Surface water and groundwater are the most important water sources in the natural environment. Land use and seasonal factors play an important role in influencing the quality of these water sources. An in-depth understanding of the role of these two influential factors can help to implement an...
Persistent link: https://www.econbiz.de/10010794398
Urban stormwater quality is multifaceted and the use of a limited number of factors to represent catchment characteristics may not be adequate to explain the complexity of water quality response to a rainfall event or site-to-site differences in stormwater quality modelling. This paper presents...
Persistent link: https://www.econbiz.de/10010847408
<Para ID="Par1">Urban road surfaces are one of the most important stormwater pollution sources. Asphalt and concrete road surfaces are typical road types in China and have different characteristics such as roughness, textures and infiltration rates. This could lead to differences of collecting and retaining...</para>
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