Xu, Gang

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The boom in tourism to and within China is quite a recent phenomenon. China is now among the leading international tourist destinations, and demand for domestic tourism is rapidly increasing. This study examines the role of tourism in the local economic development in different …

"China is now among the leading international tourist destinations, and demand for domestic tourism is rapidly increasing. This study examines the role of tourism in the local economic development in different areas of China, and identifies the decisive factors in determining th…

This thesis documents the research and findings in the following three related areas of financial econometrics: The first essay examines whether volatility contains information to predict the likelihood of a price jump during the next trading day. It is motivated by the theoreti…

Recent advances in science and technology promote the generation of a huge amount of data from various sources including scientific experiments, social surveys and practical observations. The availability of powerful computer hardware and software offers easier ways to store dat…