While the literature on consumption insurance is growing fast, little research has been conducted on how rural consumption insurance is affected by democracy. In this paper the authors examine how consumption insurance of Chinese rural residents is affected if the local leader is democratically...

This paper provides a search model for housing market where the number of buyers and/or sellers plays very important role. The model makes three testable predictions: (1) the unemployment rate has a negative impact on the trading volume and the sale prices of the housing market; (2) a larger...

In this paper, we study an important paradox of Deaton and Paxson (1998): Using the Barten model of economies of scale, Deaton and Paxson predict food share should increase as household size rises at the same per capita expenditure, while their empirical evidence shows the opposite. This paradox...

In this paper, the thermophysical properties of the H2O+1,3-dimethylimidazolium dimethylphosphate ([DMIM]DMP) system were studied. The boiling point method was adopted to measure the vapor pressures of the system at mass fraction of ionic liquids (ILs) in the range from 0.10 to 0.90 as well as...

A 50kg/h autothermal two-stage gasifier, consisting of a fluidized bed (FB) pyrolyzer and a downdraft fixed-bed gasifier, has been designed and built according to our previous laboratory researches. In the experiments, lignite gasification was performed in this innovative two-stage gasifier to...

We consider the effect of national culture and corporate culture differences on the management of international strategic alliances (ISAs). Findings are based on the perceptions of a relatively large sample of Chinese partner firms in ISAs with foreign partners. We find that differences in...

We examine the strategic motivation for international strategic alliance (ISA) formation and partner selection criteria in a sample of 203 Chinese ISAs using questionnaire data obtained from Chinese partners. The highest ranked strategic motives of the Chinese firms are maintaining market...

We investigate the determinants of managers' perceptions of national and corporate culture differences, using data obtained from Chinese partner managers of international strategic alliances. An expected positive relationship is found between the extent to which the managers have experienced...