The development of Chinese society needs the support of a perfect and efficient freight transport system. Nonetheless, China's freight system is facing a major challenge in reducing carbon emissions. Hence, firstly, this paper explores three major internal drivers of carbon emissions by...

The impact of financial integration and product market integration is studied in a general equilibrium model with increasing returns in both the manufacturing sector and the financial sector. Firms engage in oligopolistic competition. An increase of the degree of competition in the financial...