This paper uses Bi-Directional Reiterative Truncated Projected Least Squares (BD-RTPLS) to estimate annual ∂GPP/∂G and %∂GPP/%∂G multipliers for China’s 31 provinces between 1996 and 2006 (GPP = Gross Provincial Product and G = government spending in the province). In order to account...

This paper uses the fourth generation of Bi-Directional Reiterative Truncated Projected Least Squares (BD-RTPLS4) to estimate the dollar change in exports due to the accumulation of an additional dollar of foreign reserves, ∂(exports)/∂(foreign reserves), for Australia, Bangladesh, China,...

Mae Moh Mine and Power Plant operates a lignite mine and a minemouth coal-fired electricity generation plant in Lampang province in northern Thailand. Mae Moh is Thailand's largest lignite mine, and Mae Moh Power Plant accounts for nearly 20 percent of Thailand's installed generating capacity...

The Japanese government has pinned its hopes of defeating deflation on monetary policy. This article applies a new analytical technique, reiterative truncated projected least squares, (RTPLS) to monthly Japanese data from January 1970 to January 2003. In this application, RTPLS produces a...

Maintenance and production interact. The ideal way of accounting for this interaction, when estimating production functions, is by picking the temporal length of observations so that they embed integer multiples of the production—maintenance cycles for all inputs. In contrast to labor and...

Climate greatly affects the SO2 concentration abatement efforts of Mae Moh power plant which burns high sulfur content lignite in Northern Thailand. In summer months, hot air rising draws Mae Moh's SO2 emissions out of the Mae Moh valley. In contrast, temperature inversions in winter months...

Purpose – This paper aims to conceptually argue that China's trade surplus with the USA is not good. Design/methodology/approach – Net exporters (like China) give up current consumption in order to gain claims against future production. This paper argues that the reasons why China is trading...