The paper investigates the relationship between changes in asset wealth and the trend movements of household consumption in urban China. Using the vector error correction cointegration model, we demonstrate that there is a unique long-run cointegrating relationship between household consumption,...

This paper investigates the relationship between housing investment and economic growth in China, utilising province-level data via recently developed panel unit root tests and panel co-integration analysis. The empirical results suggest a stable long-run relationship between housing investment,...

This paper develops a theoretical model to identify various risks in the Chinese property insurance market. Consequently, we apply a structural VAR model to quantify the magnitude, historical timing of these risks, and their dynamic impacts on the permanent and transitory components of the...

The stochastic resonance (SR) in a second-order linear system driven by a trichotomous noise and an external periodic signal is investigated. By the use of the properties of the trichotomous noise and the Shapiro–Loginov formula, the exact expression for the output spectral amplification (SPA)...

This paper studies how to solve semi-infinite polynomial programming (SIPP) problems by semidefinite relaxation methods. We first recall two SDP relaxation methods for solving polynomial optimization problems with finitely many constraints. Then we propose an exchange algorithm with SDP...

The zone system used for freight data collection and the geographic resolution of published data has a significant impact on analysis and planning. The majority of existing freight model zones are created in an ad hoc way. In this paper, a new model-based design method is introduced to develop...

Biodiesel was produced from acidified soybean soapstocks by using lignin-derived carbonaceous catalyst (LCC). LCC was a solid acidic catalyst prepared by direct sulfonation of residual lignin from Xanthoceras sorbifolia Bunge hulls. The textural properties of the catalyst were characterized by...