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The middle-income trap (MIT) is often accompanied by the decline or stagnation of economic growth, unreasonable domestic industrial structure, and serious polarization be-tween the rich and the poor. However, due to different international environments, different specific national conditions, and different development policies adopted by each country, the manner in which to get out of the MIT varies. Transforming the mode of economic growth and realizing sustainable economic development is an important means for a country or region to escape from the "trap" of economic stagnation. Th...

Join Barron’s Live weekdays at noon, for timely and actionable insights tied to the coronavirus crisis. Dial-in to connect with top experts and our editors covering the outbreak, to hear the impact on markets, the economy, companies, real estate, and more. Session topics subject to change pending breaking news.  Barron's senior managing editor Lauren R. Rublin, reporter Al Root and a special guest discuss the outlook for the aerospace industry.

Research proved the significance of forests in controlling carbon emission however, our research shed light on the management of existing forests to combat climate change. To examine the role of forestation and forest investment activities, dynamic spatial techniques are used for 30 provinces of China. The results suggest that forest investment and management not only reduce carbon locally but also in neighboring provinces. Furthermore, the findings of current study confirmed that forest investment are the most viable practices to control carbon emission in China instead of just increasing the...

Abstract House prices are partly explained by proximity to the urban centre. Generally, and for simplicity, proximity is measured via straight-line distance (i.e., ‘as the crow flies’). However, distance between two points in space can be mainly conceptualised in three ways—straight-line, road-network and travel time-related overland. Therefore, the particular distance measure that portrays ‘reality’ as closely as possible in a given study is context-specific. We examine the implications of using different distance measures when analysing house prices. This Sydney case study used sp...