I present evidence on recent bankruptcy resolution and bankruptcy reform in Japan. Prior to bankruptcy, bank lenders are less likely to intervene than they did before. Most bankrupt firms experience abnormal president turnover around bankruptcy filings, regardless types of filings. Priority of...

Using a large sample of financially distressed small firms in Japan, we find that a distressed firm goes bankrupt faster if it uses proportionately more trade credits. Financially distressed firms experiencing a sharp decrease in trade payables are also more likely to go bankrupt. This suggests...

This article tests the anti-competitive effect of trade restrictions under the Multi-Fiber Arrangement in the U.S. textile industry. The modeling approach differs from that of traditional empirical studies. That is, it allows for non-competitive behavior by domestic firms and therefore permits...

With China’s continuing economic growth, the percentage of government offices and large commercial buildings has increased tremendously; thus, the impact of their energy usage has grown drastically. In this survey, a database with more than 400 buildings was created and analyzed. We researched...

Based upon the results from extensive building monitoring and surveys on occupant’s behaviors in a representative nine-story apartment building in northern China, building energy simulations were performed to evaluate the impacts of integrative retrofits implemented. Integrative retrofits...

This work investigates the hydraulic conductivity properties in the fractal-like tree networks between one point and a straight line. The expression for the effective permeability of the networks is derived based on the parallel and series models and the relationship between the effective...

Assessing the economic value of treatments for chronic myeloid leukaemia (CML) is important but poses a number of challenges. This paper reviews economic models of CML treatment to learn lessons from this experience and support ongoing efforts to model CML. A search of databases and submissions...