Employing monthly data over the period 1999-2010, this paper examines the impact of China's exchange rate regime reform in July 2005 on three major asset markets: house, land, and stocks. We test whether the reform, which switches from a fixed exchange rate regime to a managed floating one, has...

This study uses data on 27 European stock indices over the period from January 2007 to December 2012 to investigate the relationship between innovations and the market reaction to negative news during the financial crisis. We use the bivariate BEKK-GARCH approach to estimate time-varying betas...

In this paper, we examine the dynamic effects of key macroeconomic factors on the UK crossborder mergers and acquisitions (CBM&A) outflows over the period 1987–2008. Using a seven variable vector autoregressive/vector error correction models (VAR/VECM), the study finds that a number of home...

Through the calculation and analysis of the tourism economic spatial relation, it found that Liaoning central urban agglomeration tourism economic spatial relation has many problems, such as the central city is insufficient, and the low degree of spatial relations. Therefore, this article puts...

This article firstly measures the tourism economy relations in Shenyang Economic Zone, and summarizes the spatial structure of tourism economy in Shenyang Economic Zone. The results show that Shenyang is in the central position and its tourism resource has obvious advantages. Finally, this paper...

We select 149 rural recreational tourism destinations in Liaoning Province as the samples, and use geographical mathematical method to analyze the travel spatial structure of rural recreational tourism destinations from aggregation degree of spatial distribution, the balance of spatial...

Correlations for calculating diffuse solar radiation can be classified into models with global solar radiation (H-based method) and without it (Non-H method). The objective of the present study is to compare the performance of H-based and Non-H methods for calculating the diffuse solar radiation...