The Beijing-Hangzhou Grand Canal is a lineal cultural heritage site extending across 8 provinces(municipalities)with a length of nearly 3,200 kilometers.It has abundant cultural and tourist resources.At the 38th sessi...The Beijing-Hangzhou Grand Canal is a lineal cultural heritage site extending across 8 provinces(municipalities)with a length of nearly 3,200 kilometers.It has abundant cultural and tourist resources.At the 38th session of UNESCO World Heritage's committee held on June 22,2014,the Grand Canal was listed as the world heritage site,and became a new tourist destination of cultural heritage in China.展开更多
The coordinated development between touristization and urbanization is the key to optimizing regional industrial structure and building a long-term dynamic mechanism for urbanization. Based on constructing the measure...The coordinated development between touristization and urbanization is the key to optimizing regional industrial structure and building a long-term dynamic mechanism for urbanization. Based on constructing the measurement index system of touristization and urbanization level, the evaluation model on the coupled and coordinated degree is used in this paper to measure the inter-provincial pattern of the coupled and coordinated relationship between touristization and urbanization in 31 provinces and autonomous regions in China. The results show that the coupled and coordinated relationship between touristization and urbanization is significantly different in different regions, which presents a gradient decline pattern of the highest in the east, the lower in the middle and the lowest in the west. In the future, measures should be taken to promote the coordinated development between touristization and urbanization in accordance with the regional differences and actual development needs.展开更多
In this paper, we empirically test a new model with the data of US services sector, which is an extension of the 5-factor model in Fama and French (2015) [1]. 3 types of 5 factors (Global, North American and US) are c...In this paper, we empirically test a new model with the data of US services sector, which is an extension of the 5-factor model in Fama and French (2015) [1]. 3 types of 5 factors (Global, North American and US) are compared. Empirical results show the Fama-French 5 factors are still alive! The new model has better in-sample fit than the 5-factor model in Fama and French (2015).展开更多
文摘The Beijing-Hangzhou Grand Canal is a lineal cultural heritage site extending across 8 provinces(municipalities)with a length of nearly 3,200 kilometers.It has abundant cultural and tourist resources.At the 38th session of UNESCO World Heritage's committee held on June 22,2014,the Grand Canal was listed as the world heritage site,and became a new tourist destination of cultural heritage in China.
基金supported by the National Natural Science Foundation of China(Grant No.41471131)the Training Program for 100 Young Academic Leaders of Nankai University
文摘The coordinated development between touristization and urbanization is the key to optimizing regional industrial structure and building a long-term dynamic mechanism for urbanization. Based on constructing the measurement index system of touristization and urbanization level, the evaluation model on the coupled and coordinated degree is used in this paper to measure the inter-provincial pattern of the coupled and coordinated relationship between touristization and urbanization in 31 provinces and autonomous regions in China. The results show that the coupled and coordinated relationship between touristization and urbanization is significantly different in different regions, which presents a gradient decline pattern of the highest in the east, the lower in the middle and the lowest in the west. In the future, measures should be taken to promote the coordinated development between touristization and urbanization in accordance with the regional differences and actual development needs.
文摘In this paper, we empirically test a new model with the data of US services sector, which is an extension of the 5-factor model in Fama and French (2015) [1]. 3 types of 5 factors (Global, North American and US) are compared. Empirical results show the Fama-French 5 factors are still alive! The new model has better in-sample fit than the 5-factor model in Fama and French (2015).
