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Energy industry is the motive force of economic development. Research on the energy industry in china should not ignore the relativity and the heterogeneity of spatial dimensions. At present, time series analysis is used in most of the energy industry, cross-section data analysis, especially the spatial econometric analysis are rarely applied, this paper takes the mainland provinces and cities in...
Regional economic growth is influenced by various factors. Different regions in China vary greatly from each other in terms of economic level, which has certain impact on economic growth. The energy industrial structure is one of the main reasons for the economic disparities of various regions in China. The thesis conducts a comprehensive assessment on the advantages and disadvantages of energy industrial...
This study computes the regional total factor energy efficiency (TFEE) in china for the period 1990-2007 by employing DEA-Malmquist. In our DEA-Malmquist model, labor, capital stock and energy consumption are the three inputs and real GDP is the single output. Our empirical results indicate the eastern areas total factor energy efficiency has been on the efficiency frontier surface, the mid-west area...
We propose a multi-agent-based artificial futures market to understand commodity futures price dynamics, which is called stylized facts. The multi-agent-based artificial futures market includes hedger agents and speculative agents. We use Brenner's stochastic belief learning model (SBL) to describe speculative agents' learning process. The SBL is a social learning process with local information. New...
In this paper, a two-sector endogenous growth model of energy-oriented regions with a constant returns-to-scale manufacturing sector characterized as learning by doing effect and a labor-intensive energy-extracting sector characterized as accepting passively technical spillover from the manufacturing sector is developed. A mechanism interpretation of ldquoresource curserdquo faced frequently by energy-oriented...
We propose an agent-based model of a futures market to analyze the characters of wheat futures markets price stylized facts. We use the Brenner's ldquostochastic belief learning modelrdquo to describe the speculative agents' beliefs learning process. In this model, the bounded speculative agents have different learning capability and risk aversion degree, and they can learn both from individual and...
The skyrocketing of the oil price aroused the attention to the supply-demand relationship of the world oil market. Aiming at the incomplete information between suppliers and consumers, this paper studied the production strategy of the suppliers and the judgment of the consumers of the oil market with a signaling game model to deduce the sufficient and essential conditions of the three kinds of market...
Manufacturing enterprises competitive advantages mainly from the manufacturing sector competitive priority is access to an important means of competitive advantage. This paper manufacturing enterprises in China to the actual situation of Chinese manufacturing enterprises competitive priority status the empirical analysis, the application of international manufacturing strategy research project (International...
We propose a multi-agent-based model of a futures market to analyze the characters of commodity futures price stylized facts. The model includes hedger agents and speculative agents. We use the Brenner's "stochastic belief learning model" to describe the speculative agents' beliefs learning process, which is a social learning process with local information. In our model, the bounded rational...
We construct and test a theoretical model to investigate relativity between the cognition and performance of e-government. The hypothesis was tested using survey data from governments that have implemented e-government. Result from canonical correlation analysis suggests that cognition is related strongly with performance of e-government. So we conclude that cognition is one of the most notable factors...
We construct and test a theoretical model to investigate correlation between administrative culture and e-government performance. The hypothesis was tested using survey data from governments that have implemented e-government more successfully. Result from canonical correlation analysis suggests that administrative culture is related strongly with performance of e-government. So we conclude that administrative...
The competitive advantage of the manufacturers mainly roots in the manufacture and competitive priorities are important means to gain competitive advantage. Based on the competitive priorities theory of the manufacturing strategy, this paper analyzes the five competitive priorities in the manufacturing enterprises with the data come from the International Manufacturing Strategy Survey (IMSS). The...
As a developing nation, China should develop perfect catastrophe insurance system to ensure stabilization of society and development of economy. But characteristics of catastrophe insurance breach basic guide line of conventional insurance-the law of the great number, and then lacking risk transferring approach let insurance agents be unwilling to develop catastrophe insurance. Catastrophe bond is...
As a preprocessing method of data mining with SVM, feature selection can eliminate irrelevant or redundant attributes and increase the density of samples in feature spaces that can improve classification performance. In the field of financial time series pattern recognition, the study of feature selection has been receiving increasing attention. Different from other studies, this work use two new...
This paper has studied the effect on economic growth of human capital inequality and provided the measurement of stock and inequality of human capital. After calculating Gini coefficient and ratio of top quintile to bottom quintile (top20/bottom20) of human capital of each province (municipal or district) in China, considering other factors influencing economic growth, we use economic growth equation...
The concept of the "trade-off" is increasingly seen as central to operations strategy because it forms the foundation of conceptualizing the improvement process. The analysis of trade-offs among competitive priorities is one of the core issues in manufacturing strategy research. A hot debate continues over the need for trade-off in operations strategy. Some researchers call for plants to...
The efficiency research is one of the most important parts of futures markets research, because the efficiency condition of a futures market is an important symbol which evaluates whether the futures market is normal and mature and whether the futures market can perform its function well. This paper aims to study the current efficiency of Chinese futures markets. Firstly, EMH and its test methods...
This paper aims at investigating the regional financial integration of Mainland China and Hong Kong after the Asian Financial Crisis. We empirically find that, in the long-run, the money markets of Mainland China and Hong Kong have to be mutually linked in order to ensure a long-run equilibrium relationship in the Chinese economic society. In the short-run, Mainland China's interest rate has a significant...
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