With China's expanding import demand of crude oil and the gradually relaxing regulation domestic prices, global price is likely to affect level more closely. Based on an augmented Phillips curve framework, this article employs both autoregressive distribution lag (ARDL) nonlinear asymmetric (NARDL) model investigate pass-through effects producer prices index (PPI) consumer (CPI) in China. It found that impact fluctuations PPI CPI are asymmetrical long-run, long-term impacts rise greater than...

Abstract With the rapid expansion of RMB exchange rate’s floating range, effects rate and global commodity price changes on China’s stock prices are likely to increase. This study uses both auto regressive distributed lag (ARDL) nonlinear ARDL (NARDL) approaches explore symmetric asymmetric prices. Our findings show that without considering critical variable prices, there is no cointegration relationship between coefficient not statistically significant. However, when we introduce into NARDL...

The stress–strain constitutive model under uniaxial compression is a basic element and important characterization method for determining physical mechanical properties in cement-based materials research. In this study, was established, which based on new nano-stabilized soil (NSS) through typical tests relationship results indicate that the unconfined compressive strength (UCS) of enhanced with increase curing period nano-stabilizer dosage, growth rate reaches maximum at 12% dosage tested...

Abstract Soil erosion is an important cause of global land degradation, and accurate monitoring it essential. The Water Assessment Tool (SWAT), a distributed hydrological model, advanced technique for predicting soil at watershed scale. However, as the framework was established in gently sloping land, SWAT limited some highland mountainous regions. Therefore, this study suggested method to integrate sediment transport theoretical formula that can reflect morphology gully regions into obtain...

In the era of digital economy, social network as an important capital has influence on individual consumption decision‐making. This article uses latest data from China Household Finance Survey (CHFS) in 2017 to analyze impact personal characteristics cultural behavior under networks a theoretical and empirical perspective. Studies have shown that (1) significant consumption; compared gift money interaction, communication costs greater (2) education consumption, entertainment tourism (3)...

Abstract Extreme rainfall is an important driver of soil erosion and land damage. The Gully Land Consolidation program (GLCP) was first launched in 2011 as a major reclamation practice to increase farmland the Loess Plateau China. Studying impact artificial projects on hydrology can help humans respond various water issues, but assessment effects GLCP extreme rainfall‐induced runoff at watershed scale currently lacking. Our study used tool (SWAT) evaluate influence different locations areas...

Although a land consolidation project has increased arable area in loess areas, the loessal soil poor fertility and productivity.Soil degradation accompanying decline crop yields are main limiting factors for agricultural development on Loess Plateau.Biochar been used as an amendment to improve yields.A potted experiment was carried out study effects of biochar addition (0, 5, 15 25 t ha -1 ) physicochemical properties well sunflower yield.The results showed that higher rates (15, can...

This article extends a nonradial directional distance function (DDF) to allow decision-making units adjust inputs in two directions. Based on this DDF, we evaluate the regional industrial unified efficiency (operational and environmental efficiency) China between 2005 2014. We find that East has highest score, followed by West Central China. To avoid methodological biases, three other models are also applied assess efficiency. The results indicate DDF under natural managerial disposability...

This study investigates, in the context of a weak institution, single and interactive effects firms’ nonmarket strategies China’s government procurement market. Based on transaction cost signal theory, using data pertaining to Chinese contracts from 2016 2018, this also provides evidence that superior corporate social responsibility (CSR) performance enables firms obtain more contracts. However, effect is only significant non-state-owned enterprises. Considering interaction political...

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This paper uses the affine term structure model (ATSM) to decompose high-frequency yield curve into expected interest rates and premiums, further extracts action, signal, uncertainty shock of monetary policy surprises. Then, Bayesian Local Projection (BLP) method is employed analyze dynamic response prices these three exogenous shocks. Further analysis through impulse reveals following: (1) The action cause both CPI PPI exhibit a "price puzzle", characterized by an initial increase followed...

This article examines the long-term impact of government intervention and sectoral productivity on structural transformation. We construct a multi-sector Dynamic General Equilibrium model that explicitly incorporates as force The affects economy through taxation lump sum transfers. show in steady state, reduction tax rate an increase will decrease agricultural employment share, when nonhomotheticity preference is strong enough, these changes can also share services employment.