In this paper, we propose a routing strategy based on the global dynamic information of network traffic. In the strategy, packets will travel along the path with the minimal sum of links’ weight, which may vary with the traffic condition. During the whole evolution, if the queue length of a...

According to the Chinese government’ commitments while entering the WTO, now China has cancelled many restrictions for foreign banks including the restriction of foreign exchange business, the geographic restriction of RMB business and the restriction of the establishment form of foreign...

We build a unique industry-level panel data set to estimate border effects with respect to U.S.-Canada trade for each year from 1992 to 2005. Estimates from data aggregated at the province/state level yield border effects in the early 1990s that increase slightly and then decline after the...

Since gasoline has a relatively inelastic demand, raising government revenue via gasoline taxes could appear appropriate as it entails a relatively small deadweight loss. However, gasoline retail is generally a highly concentrated market, hence the assumption of perfect competition when...