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Two emerging tracks of trade agreements - Trans-Pacific Partnership (TPP) agreement and Transatlantic Trade and Investment Partnership (TTIP) agreement would have significant effects on the world economy. This paper designs four simulations generated by these tracks, which are TTP10, TPP16, TIPP and TPP+TIPP, then uses Global Trade Analysis Project (GTAP) model to evaluate the economic effects. The...
According to “People's Republic of Emergency Response Act” issued in 2007, this paper is committed to construct the indices system of meteorological disasters emergency management capability. The indices system consists of five parts, which are disasters monitoring capability, disasters prevention capability, residents emergency preparedness capability, emergency response capability, post-disaster...
This paper analyzes the mechanism of post-disaster recovery and reconstruction. Based on it, this paper constructs the index system for the ability of recovery and reconstruction. The index system includes two aspects which are restoration of living and disaster area reconstruction. And then it also establishes the improved unascertained measure model to analysis the recovery and reconstruction ability...
A new view of limited arbitrage is applied in the study of the reasons of stock price synchronicity in China based on the behavioral finance theory. This paper made an explorary study about the relation between limited arbitrage, stock price synchronicity and market efficiency. A conclusion different from the study about cash stock dividends in foreign countries is derived that cash dividends as a...
A new measure of enterprise efficiency by using a stochastic frontier approach is introduced to estimate the production efficiencies of private listed firms in China in the period of 2002~2005. This paper investigates the relationship among the type of private listed firms, political connections and market valuation. The results show that, the direct listed private firms have significantly greater...
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