type="main" <p>Traditionally, real exchange rates are seen to be influenced in the long run by forces that return economies to purchasing power parity and by differences in productivity growth across sectors and across regions, as per the Balassa–Samuelson hypothesis (BSH). However, minor and...</p>

To achieve agricultural sustainability, basic land planning would allocate more areas for specific land uses with high ecosystem service values. However, this has always failed because of its low economic interest. Paying farmers would be effective for its implementation. To overcome previous...

As one of the necessities of life, clothing is on the important position in the daily life of urban and rural residents. Firstly, the paper carries out the descriptive statistical analysis about clothing consumption expenditures of urban and rural residents; secondly, in accordance with the...

The global trade volume of wooden bedroom furniture has reached US$8.33 billion in 2012. China has been the largest exporter and the United States has been the largest importer in this increasingly globalized market. After the trade dispute and intervention between China and the United States in...

Purpose – The purpose of this paper is to investigate risks faced by farmer cooperatives in China, using farmer cooperatives in Zhejiang province as a case. Specifically, the authors identify risks inherent in two primary types of farmer cooperatives in China (traditional and modern ones) when...

This research examines how individuals’ relationship with others sharing the pursuit of the same individual goal may change from early to later stages of the pursuit. In one qualitative field study, one lab study, and a 7-day field experiment, consumers demonstrated a tendency to view others...

China’s net saving abroad has been slowing and will slow further as its households consume more, its corporations save less and its central and provincial governments continue in combined deficit. These changes are associated with weaker global economic performance but, importantly, they stem...

While there is much controversy over exchange rates, particularly between the large, advanced economic regions, arguably more important real exchange rates receive comparatively little attention. Traditionally, these are seen to be influenced in the long run by forces that return economies to...

East Asian, and primarily Chinese and Japanese, excess saving has been comparatively large and controversial since the 1980s. That it has contributed to the decline in the global “natural” rate of interest is consistent with Bernanke’s much debated “savings glut” hypothesis for the...