Countries that trade more with each other tend to have more correlated business cycles. Yet, traditional international business cycle models predict a much weaker link between trade and business cycle comovement. We propose that fluctuations in the number of varieties embedded in trade flows may...

Countries that trade more with each other tend to have more correlated business cycles. Yet, traditional international business cycle models predict a much weaker link between trade and business cycle comovement. We propose that the international diffusion of technology through trade in...

China has been moving to a more market oriented financial system, which has implications for the monetary policy environment. The paper investigates the stability of the money demand function (MDF) in light of progress in financial sector reforms that, for example, have resulted in significant...

With the emergence and rapid deployment of PV (photovoltaic) façades, a comparison among see-through amorphous silicon (a-Si) PV glazings and traditional glazings under different architectural conditions could provide us a broader perspective for comprehending the energy performance and...

Solar energy is the most abundant energy resource with the potential to become a major component of a sustainable global energy solution. However, unsteady energy flow and low energy density make it difficult to collect, convert, and store solar energy, which is why current solar power...

This paper investigates the synchronisation of Hong Kong's economic growth with mainland China and the US. We identify trends of economic growth based on the permanent income hypothesis. Specifically, we first confirm whether real consumption in Hong Kong and mainland China satisfies the...

This paper examines how China's exports are affected by exchange rate shocks from countries that supply intermediate inputs to China. We build a simple small open economy model with intermediate goods trade to show that due to the intra-regional trade in intermediate goods, a devaluation of...

A non-sinusoidal trajectory profile is proposed for the oscillating hydrofoil in the energy generators instead of conventional sinusoidal plunging/pitching motions to seek better energy extraction performance. The novel profile is achieved by combining a specially designed trapezoidal-like...

This paper examines how China's exports are affected by exchange rate shocks from countries who supply intermediate inputs to China. We build a simple small open economy model with intermediate goods trade to show that due to the intraregional trade in intermediate goods, a devaluation of other...

With the development of E-commerce, more scholars have paid attention to research on Mobile E-commerce and mostly focus on the optimization and evaluation of existing process. This paper researches the evaluation of Mobile E-commerce process with a method called ASME. Based on combing and...