This paper exploits the determinants of residential housing investment in 35 major cities from 2000 to 2009. Based on panel data analysis, empirical results suggest that residential housing investment boom is driven by urbanization, bank loans and economic growth. It is substantiated that...

The lessons from the US Subprime Mortgage Crisis have rich implications for understanding Chinese families' potential asset depreciation risks. Based on a national household survey and macroeconomic data, this study examines Chinese families' financial leverage of housing assets. Survey analysis...

While the relationship among land price, transportation cost, and urban sprawl under the condition of local governments monopolizing land supply has been rarely discussed in the literature, this paper addresses this gap by hypothesizing based on the monocentric city model. The hypothesis...

In recent years, foreign direct investment (FDI) in natural resource industries by Chinese firms in Africa has increased rapidly. The strategic importance of the natural resource sector to host country governments produces considerable bargaining over entry and operating terms, with attendant...

The prospect for electric vehicles (EVs) as a climate change solution hinges on their widespread adoption across political lines. This paper uses county-level data to show that from 2012-2023, about half of all new EV registrations in the U.S. went to the 10% most Democratic counties. This...

The application of real options theory to international strategy has surged in recent years. However, it is still a relatively new and loosely defined field, and there are several constraints on practical applications of this powerful theory. To move forward this field, the paper first provides...

For the sustainable development, enterprises are required to reduce carbon emissions while satisfying the demand for heterogeneous products. Considering the manufacturer's entry and green strategies: M&A or greenfield investment in green or non-green production, we employ an extended Hotelling...