Previous research on the United States and Japan finds economically large impacts of changing real estate collateral value on firm investment that amplified the business cycles of those countries. Working with unique data on land values in 35 major Chinese markets and a panel of firms outside...

<Para ID="Par1">We provide an innovative measure of information flow in Chinese housing markets based on search records from the Internet search engine Google. The measure depicts a substantial flow of house-price related information from national “superstar” cities, such as Beijing and Shanghai, and...</para>

In China, the ecological compensation mechanism (ECM) was initiated in the 1990s solely to address compensation for forest ecological benefits. For nearly 20 years, the ECM has been gradually applied to other areas. This study evaluates the current status, implementation procedures and existing...

Previous research on the United States and Japan finds economically large impacts of changing real estate collateral value on firm investment. Working with unique data on land values in 35 major Chinese markets and a panel of firms outside the real estate industry, we estimate investment...

We provide the first multi-city, constant quality land price index for 35 major markets in China. While there is meaningful heterogeneity in land price growth across cities, on average the last nine years have seen land values skyrocket in many markets, not just those on or near the coast. The...

Integrated assessment models(IAMs) are the primary methodology for climate change policy modeling, since it connect the economic activities with the natural system which is influenced by economic system. In this paper,we present a IAM model and develop policy assessment for mitigation...

Sequence comparison is one of the major tasks in bioinformatics, which can be used to study structural and functional conservation, as well as evolutionary relations among the sequences. In this paper, we introduce the concept of distance frequency of amino acid pairs and propose a new numerical...

Most existing house price index construction methods are developed mainly based on transaction data from the secondary housing market, and are not necessarily suitable for the nascent housing markets where a predominant portion of housing transactions are new units. Using the booming market in...

In recent years, formal certification programs for rating and evaluating the sustainability and energy efficiency of buildings have proliferated around the world. Developers recognize that such “green labels” differentiate products and allow them to charge a price premium. China has not...

While many studies have shown that “green price premiums” accompany the development of green buildings, there is still significant doubt among the public as to the financial viability of investments in energy efficiency. In this paper, we examine this issue from the developers' perspective,...