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Industrial agglomeration not only brings economic prosperity, but also raises concerns about its environmental impact. How to balance industrial agglomeration and inclusive economic growth is a major challenge for today's social development. On the foundation of the balanced panel data of 164...
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This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
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