This paper applies recent panel methodology to examine the short-run dynamics, the long-run equilibrium relationships and the Granger causal relationship between economic growth and domestic air passenger traffic. It is based on the quarterly panel data of 29 provinces in China from the period...

Air transport demand forecasting is receiving increasing attention, especially because of intrinsic difficulties and practical applications. Total passengers are used as a proxy for air transport demand. However, the air passenger time series usually has a complex behavior due to their...

The Graph Model for Conflict Resolution (GMCR) methodology is employed to ascertain strategic insights into a serious conflict over environmental concerns connected to the expanded exploitation of oil sands at the Jackpine Mine Expansion project located in Alberta, Canada. In fact, the expansion...

Since the 1990s, China has exhibited growth in both foreign trade and the economy. Promoting environmental protection and sustainable economic growth are main concerns in the academic profession in the country. This paper makes an empirical analysis of trade and environmental pollution, and...

This paper created a framework for a dynamic institutional analysis. (1) Reduction of the conviction and motivation inside economic factors (We think that this is the inducing factors of system changes ), (2) system changes will be ultimately beneficial to the efficiently allocation of...

Applying comparative institutional analysis method, based on the the analysis of typical cases , in the framework of Marxist historical materialism, this article discuss the path and direction of Chinese System Change , we get a new form of government which has a kind of indirect elections and...

This article investigates and compares, through Monte Carlo experiments, the finite sample sizes and powers of the proposed ‘second-generation’ Panel Unit Root Tests (PUTs) under the strict and approximate factor structures, respectively.

We outline the basic method of analysis, similar to Judd (1985), that allows to show that for the paths of a continuum of independent — not necessarily i.i.d. — random variables certain properties can be assumed. In particular, we find that the assumption of a continuum of...