• Firm Size, Commodity Price, and Interdependence between Firm-Level Stock Prices: The Case of Norwegian Salmon Industry 

      Zhang, Dengjun; Myrland, Øystein; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2016-09-08)
      This study aims to investigate the interdependence between stock prices of salmon firms listed at Oslo Stock Exchange and to evaluate how this correlation is affected by firm size and salmon commodity price. Technically, we apply the Johansen’s approach (Johansen, 1991) to test cointegration between stock prices and between individual stock prices and commodity price. The time path of the long-run ...
    • Fish quality and market performance: The case of the coastal fishery for Atlantic cod in Norway 

      Sogn-Grundvåg, Geir; Zhang, Dengjun; Henriksen, Edgar; Joensen, Sjúrður; Bendiksen, Bjørn Inge; Hermansen, Øystein (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-02-22)
      This study focuses on fish quality and resource utilization at the ex-vessel level of the value chain. Substantial waste in the form of reduced fish quality is revealed for Atlantic cod landed by the coastal fleet in Norway, with approximately 30% of the sampled cod from 399 catches downgraded, implying reduced value of products in onshore processing. By using an objective quality index for individual ...
    • How exchange rate affects Chinese processing trade? The case of ground fish 

      Zhang, Dengjun; Xie, Jinghua; Myrland, Øystein (Journal article; Tidsskriftartikkel; Peer reviewed, 2017-09-25)
      As imports destined for primary processing and then exporting occur across industries, in this study we developed a structural model to examine how exchange rate affects the exports of processed ground fish from China. The home demand for processed goods is incorporated into the model in accordance with the fact that the share of processed goods remaining in China tends to increase over time. ...
    • Influence of Tourism Seasonality and Financial Ratios on Hotels’ Exit Risk 

      Zhang, Dengjun; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-05-20)
      Tourism seasonality negatively affects hotels’ operational and financial performance and then survival probabilities. Several studies have evaluated the impact of tourism seasonality on hotels’ exit risk. However, the empirical findings are ambiguous, probably due to the overall seasonality and different measures used in these studies. Against this background, this study explores the impact of tourism ...
    • Investment and revenue cap under incentive regulation: The case study of the Norwegian electricity distributors 

      Zhang, Dengjun; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2017-11-07)
      Electricity distribution operators are regulated as monopolies around the world. Incentive regulation is further applied to relate their allowed revenues (revenue cap) to cost efficiency and investment. Incentive regulation varies cross countries and has evolved over time for individual countries. Norway is one of the first countries reforming the network distributors by incentive regulation. Using ...
    • Shipping the good fish out? An empirical study on the EU Seafood imports under the EU's Generalized System of Preferences 

      Xie, Jinghua; Zhang, Dengjun (Journal article; Tidsskriftartikkel; Peer reviewed, 2016-10-20)
      The impact of the EU (European Union) Generalized System of Preference (GSP) on the relative EU’s demand for seafood quality was evaluated in the study. We first explored the theoretical Alchian–Allen result of change in ad valorem tariffs in an n–good world, and then tested this result in the empirical study. The theoretical analysis suggests that whether a reduced ad valorem tariff in an n–good ...