Recent work on stock splits have attempted to relate the information value associated with splits with that from dividends signaling. This paper extends this genre of research by evaluating the issue of dividend predictability using REIT data where the self-selection issue associated with...

This study aimed to explore the combustion kinetics of organic matter in Huadian oil shale using thermogravimetric analysis. Increases in particle size or heating rate shifted the combustion process to a higher temperature, because of mass transfer resistance and thermal hysteresis. An...

Biodiesel has potential as a substitute for petroleum diesel because of the increasing worldwide concern for environmental sustainability and dwindling petroleum resources. Methanol has been the commonly used alcohol for biodiesel production. Compared with methanol, ethanol can be derived from...

An energy analysis of solid oxide fuel cell (SOFC) power systems with gas recycles fed by natural gas is carried out. Simple SOFC system, SOFC power systems with anode and cathode gas recycle respectively and SOFC power system with both anode and cathode gas recycle are compared. Influences of...

GHG (Increasing greenhouse gas) emissions in China imposes enormous pressure on China’s government and society. The increasing GHG trend is primarily driven by the fast expansion of high energy-intensive sectors including the chemical industry. This study investigates energy consumption and...

In a credit market, a low-cost foreign entrant is likely less informed than a domestic bank with information endowments. We present a steady-state model in an infinite-period framework, and analyze how the informational asymmetry affects the lending equilibrium and the foreign banks’ entry...

In this paper, a novel projection-based depth based on the Rayleigh quotient, Rayleigh projection depth (RPD), is proposed. Although, the traditional projection depth (PD) has many good properties, it is indeed not practical due to its difficult computation, especially for the high-dimensional...

In this paper, we study two models of network evolution and give more realistic descriptions of the local processes than Barabási–Albert model, incorporating the addition of new nodes, the addition of new links, the rewiring and deleting of links. To random networks model with single (or...

This paper attempts to identify neighborhood peer effects on children's dropout decision in rural China using the China Health and Nutrition Survey data (CHNS). Identifying peer effect is complicated by several endogenity problems including “self-selection” problem, “reflective” problem...