[Objective] To understand the relationship between species diversity and tree growth in natural secondary forests in Northeast China, to determine the reasonable size of species diversity, and to carry out appropriate nurturing harvesting and artificial replanting, so as to provide a scientific and theoretical basis for secondary forest management and management. [Methods] A total of 123 sample plots were set up in the Xiaoxinganling (XXAL), Zhangguangcailing (ZGCL), Laojialing (LYL), Changbai Mountain (CBS), Hadaling (HDL) and Longgang Mountain (LGS) areas in Northeast China, they were used to investigate the species composition, importance value, diversity and tree growth in each area. [Results] A total of 48 species belonging to 17 families and 31 genera were investigated in all the sample plots, among which the sample plots in Longgang Mountain contained the largest number of families, genera and species, followed by Hada Ling, Changbai Mountain, Laoyaling, Zhangguangcai Mountain and Xiaoxinganling. The α-diversity index of species in the sample sites was the largest in Changbai Mountain and the smallest in Xiaoxinganling, and the difference between them was significant (P < 0.05), while the richness index was the largest in Longgang Mountain and the smallest in Xiaoxinganling. The difference between them was significant (P < 0.05), while the greater the difference in latitude between the regions, the more obvious the difference in β-diversity index of species in the sample sites, and the fewer species shared between the two regions. The higher the rate of community succession, the higher the average diameter at breast height and the average tree height in each region were CBS > LYL > LGS > ZGCL > HDL > XXAL. The largest breast tree species in each region was Mongolian oak in Changbai Mountain with a diameter at breast height of 64.8 cm, and the smallest breast tree species in each region was Tyrannus sylvestris in Longgang Mountain with a diameter at breast height of 4.0 cm. The highest tree species in each region was Liriodendron sylvestris in Longgang Mountain with a height of 28.9 m, and the smallest species is yellow pineapple with a height of 1.3 m in Longgang Mountain. [Conclusion] Within a certain range, species diversity has a facilitating effect on the average diameter at breast height and average tree height of species within a stand. Therefore, during the management of secondary forests, appropriate nurturing harvesting and artificial replanting should be adopted to ensure reasonable species diversity in the stands and provide optimal space for the growth of natural secondary forests.

This paper proposes a floating-interest-rate infrastructure bond, where the interest of a government bond is paid to investors during the period of construction and the early period of operation. Unlike the usual government bond, which provides a fixed interest rate, the proposed floating-interest-rate infrastructure bond pays a floating interest, the rate of which depends on spillover tax revenues. Effective infrastructure projects have a positive effect on the economic growth of a region, known as the spillover effect. When user charges and the return from spillover tax revenues are below the fixed rate of the government bond, the interest rate will equal to the fixed rate of the government bond. In this case, investors in the infrastructure will receive interest on the government bond at the minimum rate. As the spillover effect of the infrastructure increases, the rate of return for infrastructure investment will become greater than the fixed rate of the government bond. The success of the floating-interest-rate infrastructure bond depends on the spillover effect and on transparency and accountability. Policy recommendations are provided in this paper on how to increase the spillover effect and improve transparency and accountability. 

In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of infrastructure provision did not materialize ex post. From a Public Choice perspective, one simple explanation for many of the problems surrounded by the governance of PPPs is that the public decision-makers being involved in the process of initiating and implementing PPP projects (namely, politicians and public bureaucrats) in many situations make low- cost decisions in the sense of Kirchgässner (1948–2017). That is, their decisions may have a high impact on the wealth of the jurisdiction in which the PPP is located (most notably, on the welfare of citizen-taxpayers in this jurisdiction) but, at the same time, these decisions often only have a low impact on the private welfare of the individual decision-makers in politics and bureaucracy. The latter, for example, in many settings often have a low economic incentive to monitor/control what the private-sector partners are doing (or not doing) within a PPP arrangement. The purpose of this paper is to draw greater attention to the problems created by low-cost decisions for the governance of PPPs. Moreover, the paper discusses potential remedies arising from the viewpoint of Public Choice and Constitutional Political Economy.

This study considers the role of leadership within the hospitality sector as a key tool in raising performance levels. Hospitality is unique in its service-based approach, which relies on employees to ensure effective service. Post-COVID-19 and Brexit, the hospitality sector has seen a shift in reliance towards a home workforce, and as such, retention has become an area of greater importance. This case study investigation adopted a qualitative approach to consider the perceptions of six managers within a UK-based luxury hotel. Semi-structured interviews were used to draw out their experience of approaches used to ensure effective delivery in their areas of responsibility. The research concludes that a shift in leadership approach (from autocratic to democratic) is a necessity to retain staff, particularly as the shift to a greater reliance on a home workforce due to COVID-19 and Brexit starts to impact the sector. There does, however, remain a need to be more autocratic in certain situations to ensure the quality of service. Subsequently, communication becomes critical in the building of relationships. The research considers leadership approaches from a managerial perspective and is based on individual perceptions. Traditionally, research has been conducted from an employee perspective.

This research aims to examine the structural relationships between the dimensions of workation attachment, workationer power, the dimensions of workation relationship quality, and workation intention. It demonstrates that the proposed model aligns well with the collected data based on a convenience sample comprising 494 workationers in Bangkok using structural equation modeling. The analysis outcomes contribute to the tourism marketing theory by providing additional insights into the dimensions of workation attachment, workationer power, the dimensions of workation relationship quality, and workation intention. The findings from this study can aid workation managers in formulating and executing market-oriented service strategies to enhance the dimensions of workation attachment, workationer power, and workation relationship quality and foster workation intention.