There is a substantial empirical data base suggesting that increases in organizational size and complexity tend to be accompanied by decreases in strict economic efficiency. There has, however, been no attempt to provide a generalized explanation for these results, or to asses their...

With continued concerns regarding the use of fossil fuels and energy security, there is increasing interest in biofuels. However, owing to worries over the use of agricultural feedstocks for biofuel, forest biomass as a feedstock has been investigated for some time and appears to be a promising...

Using two measures of private information and high-frequency transaction data from the leading interdealer electronic broking system Reuters D2000-2, we examine the association between exchange rate return and contemporaneous order flow and the predictability power of lagged order flow on the...

This paper studies the market conduct of the three busiest routes dominated by the three largest airlines in China. The competition strategies of the three largest Chinese carriers are found to be different from each other. In general, the market behaviour of Air China is consistent with that...

This paper first measures the degree of Chinese airlines’ market power by using Lerner index, and then investigates its determinants. Our empirical results show that a certain degree of market power exists in the Chinese airline industry. Of the three dominant carriers, Air China exhibits the...

Guangxi Zhuang Autonomous Region is an excellent area for tilapia breeding in China, and the development of tilapia industry has received high attention of both the state and Guangxi government. The foreign exchange earning is an essential industrial form of tilapia industry in Guangxi. Thus,...

This paper utilizes the non-linear estimation method to simulate the Zipf distribution, and constructs an alternative measure of Hirschman–Herfindahl index (HHI), in order to reveal the real changes in monopoly of China's industrial markets. Based on the annual waves of the Chinese Industrial...

<Para ID="Par1">Rapidly growing population and associated socio-economic development are placing increasing stress on water resources and posing challenges for water management. This study develops a system dynamics model for municipal water management in Hillsborough County by incorporating water quality and...</para>