This study investigates how energy and stock markets affect the dynamics of green stock price returns consid ering recent periods of crises and increased uncertainty. Particularly, following the 21st Conference of the Parties (COP21)-Paris agreement and global financial crisis, it is important to assess the causal relationship between energy market, stock market, and green stock returns. Accord...

This paper investigates how transportation infrastructure projects facilitate research collaboration across cities and promote innovation. Exploiting the construction of high-speed rail (HSR) network as a plausibly exogenous shock, we find that innovation in less-developed cities significantly and quantitatively improves after the cities are connected to more developed cities through the HSR ne...

We study the acquisition and production planning problem for a hybrid manufacturing/remanufacturing system with core acquisition at two (high and low) quality conditions. We model the problem as a stochastic dynamic programming, derive the optimal dynamic acquisition pricing and production policy, and analyze the influences of system parameters on the acquisition prices and production quantitie...

Consider a supply chain where the retailer faces a stochastic demand and orders from the supplier, while the supplier manufactures new products and also remanufactures early returns to meet the order. The order and manufacturing quantity decisions are studied under three decentralised cases: (1) the Stackelberg case, where the manufacturing quantity is determined by the supplier after realising...

This study presents a new method to analyse the impact of exogenous shock and its transmission mechanism within the global production network, based on scenarios of the COVID-19 pandemic. We decompose domestic and international technology spillovers and introduce them into an economic growth model to investigate the elasticities of factor inputs and knowledge spillovers through industrial linka...

Production and Operations Management, 25(3): 516-534, 2016

Empirical Economics, 60, 1531-1557.