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Working paper
The Performance of the Smart Cities in China—A Comparative Study by Means of Self-Organizing Maps and Social Networks Analysis
Smart cities link the city services, citizens, resource and infrastructures together and form the heart of the modern society. As a "smart" ecosystem, smart cities focus on sustainable growth, efficiency, productivity and environmentally friendly development. By comparing with the European Union, North America and other countries, smart cities in China are still in the preliminary stage. This study offers a comparative analysis of ten smart cities in China on the basis of an extensive database covering two time periods: 2005–2007 and 2008–2010. The unsupervised computational neural network self-organizing map (SOM) analysis is adopted to map out the various cities based on their performance. The demonstration effect and mutual influences between these ten smart cities are also discussed by using social network analysis. Based on the smart city performance and cluster network, current problems for smart city development in China were pointed out. Future research directions for smart city research are discussed at the end this paper.
BASE
Over-the-counter versus double auction in asset markets with near-zero-intelligence traders
In: Journal of economic dynamics & control, Band 143, S. 104510
ISSN: 0165-1889
Tolerance of Flexibility: Foreign Exchange Intervention and Managed Floating Redux
SSRN
Working paper
Is There No 'I' in Team? Strategic Effects in Multi-Battle Team Competition
SSRN
Working paper
Trade, Finance and Endogenous Invoicing Currency: Theory and Firm-Level Evidence
SSRN
Working paper
The Influence of Word of Mouth on Tourism Destination Choice: Tourist–Resident Relationship and Safety Perception among Mainland Chinese Tourists Visiting Macau
The growth of urban tourism has the potential to increase tourist&ndash ; resident tensions that limit the sustainable growth of tourism in many destination cities. Visitors&rsquo ; perceptions of poor tourist&ndash ; resident relationships and conditions of safety may have an impact on their attitudes, especially with regard to trip satisfaction. This study investigates the roles of tourist&ndash ; resident relationship and safety perception on the relationship between service quality, trip satisfaction, and word of mouth (WOM). The results of this empirical study (n = 386) show that the tourist&ndash ; resident relationship and safety perception have significant effects on trip satisfaction, but only safety perception reveals a significant effect on WOM. Furthermore, the results also indicate that the tourist&ndash ; resident relationship and safety perception moderate the relationship between service quality and trip satisfaction, and that the tourist&ndash ; resident relationship also moderates the relationship between trip satisfaction and WOM. An understanding of these mechanisms can help governments to create appropriate policies to support the sustainable development of tourism and promote their tourism industries by fostering tourists&rsquo ; WOM.
BASE
Financial Panics in a Small Open Economy
SSRN
China's monetary policy surprises and corporate real investment
In: China economic review, Band 77, S. 101893
ISSN: 1043-951X
SSRN
Arms Races and Conflict: Experimental Evidence
In: The economic journal: the journal of the Royal Economic Society
ISSN: 1468-0297
Abstract
We study escalation and aggression in an experimental first-strike game in which two participants play multiple rounds of a money-earning task. In each round, both players can spend money to accumulate weapons. The player with more weapons can spend money to strike against the other player, which almost totally eliminates the victim's earnings potential and removes their capacity to strike. Weapons can serve as a means of deterrence. In four treatments, we find that deterrence is strengthened if weapon stocking cannot be observed, that a balance of power is effective in maintaining peace, and that mutually beneficial trade decreases the risk of confrontation, but not necessarily the likelihood of costly arms races.
The Expert Opinion: An Interview with Bin Hu General Editor of Tianya Community
In: Journal of global information technology management: JGITM, Band 15, Heft 2, S. 70-75
ISSN: 2333-6846
Green Investment Funds and Corporate Green Innovation: From the Explanation of Social Value Logic
In: ENEECO-D-21-01436
SSRN
External Debt Currency Denomination and the Currency Composition of Foreign Exchange Reserves
In: INEC-D-22-00244
SSRN
Non-Controlling Shareholders and Innovation: Evidence from Chinese State-Owned Enterprises
In: Emerging markets, finance and trade: EMFT, Band 59, Heft 1, S. 39-59
ISSN: 1558-0938