2020
DOI: 10.1177/2158244020977870
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The New Economy in China: An Intercity Comparison

Abstract: Today, the world is witnessing an enormous new economic wave, which has become an important and growing contributor to economic development. However, few studies compare the overall development of all new economic sectors in different cities or countries. Therefore, the purpose of this study is to contribute to the literature on the 21st century new economy in China, which is viewed as a crucial development direction. Accordingly, the new economic situation in 2018 in 15 major cities of China is evaluated by c… Show more

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Cited by 6 publications
(7 citation statements)
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“…Given this, the application in this paper is the global upstream oil industry-an industry with notable exogenous variation in costs across productive units, in large part attributable to differences in geology. 8 For instance, the world's largest oil field, the Ghawar field in Saudi Arabia, has average costs (in 2014 USD) of approximately $3 per barrel over the time frame covered by our data. By contrast, offshore fields in Norway and fracking shale deposits in the Bakken in North Dakota, have costs of $12 and $24, respectively, per barrel.…”
Section: B Application To Global Oil Extractionmentioning
confidence: 89%
See 3 more Smart Citations
“…Given this, the application in this paper is the global upstream oil industry-an industry with notable exogenous variation in costs across productive units, in large part attributable to differences in geology. 8 For instance, the world's largest oil field, the Ghawar field in Saudi Arabia, has average costs (in 2014 USD) of approximately $3 per barrel over the time frame covered by our data. By contrast, offshore fields in Norway and fracking shale deposits in the Bakken in North Dakota, have costs of $12 and $24, respectively, per barrel.…”
Section: B Application To Global Oil Extractionmentioning
confidence: 89%
“…Let δ be the common discount factor. Thus, for a given price path (or expectation thereof), a price-taking producer solves the following problem: 24 (8) max…”
Section: B Production Paths In Competitive Equilibriummentioning
confidence: 99%
See 2 more Smart Citations
“…[27]. China has entered a new stage of high-quality development [28,29], and the new economy has become a new driving force for high-quality development [30]. The development and utilization of natural resources is an important source of economic development [31].…”
Section: Introductionmentioning
confidence: 99%