This paper introduces endogenous capital income tax rates as in Schmitt-Grohe and Uribe (1997), into the overlapping generations model with endogenous labor and consumption in both periods of life (e.g., Cazzavillan and Pintus, 2004). In contrast with the previous result that the existence of...

Using China Customs data that cover monthly transactions of all Chinese exporters, we investigate how Chinese exporters respond to U.S. antidumping investigations during the 2000-2006 period. Our difference-in-differences analysis uncovers a number of findings: (1) the substantial...

We analyzed the spatial distribution of lake and reservoir water quality in China, and the trends from 2005 to 2010, based on monitoring data from 28 large Chinese lakes and reservoirs. We used a comprehensive water pollution index (WPI) to describe water quality and also identified the major...

The walnut industry in Shangluo City is evaluated based on SWOT. The internal advantage, disadvantage, external opportunities and threats to the walnut industry are found out. In the end, suggestions towards the development of walnut industry in Shangluo City are put forward.

Microreactors offer excellent mass and heat transfer performance for extraction and multiphase reactions. They provide a powerful tool for process intensification and micro scale processing. This paper reviews the structures of microreactors and units, and their applications on the synthesis of...

We find that cash holdings are more valuable for firms disclosing material weaknesses in the Sarbanes–Oxley (SOX) 404 internal control assessments. We estimate that the value spread for firms with weak controls vs. effective controls is about $0.25 for an extra dollar of cash. Our results are...

We study the effects of government tariff policy in a one-sector small open economy RBC model with a productive externality that generates social increasing returns to scale. Various forms of endogenous fluctuations, including stable 2-, 4-, 8-, and 15-cycles, quasiperiodic orbits and chaos can...