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Internal Polarization Field Induced Hydroxyl Spillover Effect for Industrial Water Splitting Electrolyzers
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作者 Jingyi Xie Fuli Wang +3 位作者 Yanan Zhou Yiwen Dong Yongming Chai Bin Dong 《Nano-Micro Letters》 SCIE EI CAS CSCD 2024年第2期438-449,共12页
The formation of multiple oxygen intermediates supporting efficient oxygen evolution reaction(OER)are affinitive with hydroxyl adsorption.However,ability of the catalyst to capture hydroxyl and maintain the continuous... The formation of multiple oxygen intermediates supporting efficient oxygen evolution reaction(OER)are affinitive with hydroxyl adsorption.However,ability of the catalyst to capture hydroxyl and maintain the continuous supply at active sits remains a tremendous challenge.Herein,an affordable Ni2P/FeP2 heterostructure is presented to form the internal polarization field(IPF),arising hydroxyl spillover(HOSo)during OER.Facilitated by IPF,the oriented HOSo from FeP2 to Ni2P can activate the Ni site with a new hydroxyl transmission channel and build the optimized reaction path of oxygen intermediates for lower adsorption energy,boosting the OER activity(242 mV vs.RHE at 100 mA cm-2)for least 100 h.More interestingly,for the anion exchange membrane water electrolyzer(AEMWE)with low concentration electrolyte,the advantage of HOSo effect is significantly amplified,delivering 1 A cm^(-2)at a low cell voltage of 1.88 V with excellent stability for over 50 h. 展开更多
关键词 Hydroxyl spillover effect Internal polarization field HETEROSTRUCTURE Oxygen reduction reaction Anion exchange membrane water electrolysis
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Hydrogen Spillover Effect in Electrocatalysis:Delving into the Mysteries of the Atomic Migration
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作者 Ashish Gaur Jatin Sharma HyukSu Han 《Energy & Environmental Materials》 SCIE EI CAS CSCD 2024年第5期181-205,共25页
Hydrogen spillover effect has recently garnered a lot of attention in the field of electrocatalytic hydrogen evolution reactions.A new avenue for understanding the dynamic behavior of atomic migration in which hydroge... Hydrogen spillover effect has recently garnered a lot of attention in the field of electrocatalytic hydrogen evolution reactions.A new avenue for understanding the dynamic behavior of atomic migration in which hydrogen atoms moving on a catalyst surface was opened up by the setup of the word"hydrogen spillover."However,there is currently a dearth of thorough knowledge regarding the hydrogen spillover effect.Currently,the advancement of sophisticated characterization procedures offers progressively useful information to enhance our grasp of the hydrogen spillover effect.The understanding of material fabrication for hydrogen spillover effect has erupted.Considering these factors,we made an effort to review most of the articles published on the hydrogen spillover effect and carefully analyzed the aspect of material fabrication.All of our attention has been directed toward the molecular pathway that leads to improve hydrogen evolution reactions performance.In addition,we have attempted to elucidate the spillover paths through the utilization of DFT calculations.Furthermore,we provide some preliminary research suggestions and highlight the opportunities and obstacles that are still to be confronted in this study area. 展开更多
关键词 ELECTROCATALYSIS hydrogen evolution reaction hydrogen spillover effect interfacial atomic migration metal-support interaction
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Impact of digital economy development on carbon productivity:An empirical analysis based on threshold effect and spatial spillover effect
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作者 XING Huai-zhen YAO Jing 《Ecological Economy》 2024年第2期123-138,共16页
Utilizing provincial panel data from 2014 to 2020,this study employs a fixed effect model,a threshold effect model,and a spatial lag model to empirically examine the correlation between digital economic development an... Utilizing provincial panel data from 2014 to 2020,this study employs a fixed effect model,a threshold effect model,and a spatial lag model to empirically examine the correlation between digital economic development and carbon productivity.The findings indicate that digital economic development significantly contributes to the enhancement of carbon productivity in the long term.Furthermore,through instrumental variable method,replacement of explanatory variables and other methods to test its endogeneity and stability,the results remain robust.In terms of regional heterogeneity,the impact of digital economic development on carbon productivity is less pronounced in the central and western regions compared to the eastern region.Additionally,further investigation reveals that industrial structure upgrading and science and technology investment level exhibit different threshold effects on the influence of digital economy development level on carbon productivity.Moreover,there is a significant spatial spillover effect of digital economy development on carbon productivity with H-H and L-L agglomeration spatial correlation. 展开更多
关键词 digital economy carbon productivity threshold effect spatial spillover effect
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Spillover effects and incentive initiatives of green behavior
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作者 LI Ying XU Huan 《Ecological Economy》 2023年第3期284-299,共16页
Spillover effects play a crucial role in hindering the effective implementation of green behavior.Whether it pertains to enterprises or individuals,engaging in green behavior often leads to increased costs.However,the... Spillover effects play a crucial role in hindering the effective implementation of green behavior.Whether it pertains to enterprises or individuals,engaging in green behavior often leads to increased costs.However,the benefits derived from green behavior cannot be fully recouped but rather spill over and benefit other non-green entities,thereby undermining the incentives for companies or individuals to engage in green practices.The study categorizes the spillover effects of corporate green investment into three aspects based on the channels through which they occur:environmental spillover,inter-industry spillover(vertical spillover),and intra-industry spillover(horizontal spillover).While these three spillover mechanisms work in tandem with green behavior,existing literature has predominantly focused on the "free-rider " effect of environmental spillover and horizontal spillover,neglecting the impact of vertical spillover.Additionally,this paper provides a comprehensive review of measures aimed at incentivizing corporate green investment.Current government-level measures often overlook the multifaceted nature of spillover effects stemming from green behavior and the factors influencing corporate decision-making in this regard,resulting in various limitations and deficiencies.The paper argues that,besides relying solely on direct interventions from external actors such as the government or society,a more significant emphasis should be placed on enhancing the role of enterprises as a fundamental approach.This involves fostering the endogenous capacity of enterprises to generate green investment and facilitating a beneficial interaction that respects corporate autonomy.Consequently,policymakers should consider multiple dimensions of spillover effects and design appropriate mechanisms that leverage the inherent capabilities of enterprises,thus stimulating green investment.This approach represents a crucial area for future research that warrants further in-depth inve stigation. 展开更多
关键词 green behavior spillover effects environmental spillover industrial spillover green policy
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Research on the Spillover Effects of Digital Transformation on the Sustainable Growth of Green Schools
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作者 Yiting Qiu Qiuhua Chen Poh Soon Joseph Ng 《Proceedings of Business and Economic Studies》 2023年第6期16-23,共8页
The development of society and the advancement of science and technology have led to the widespread integration of digital transformation in the field of education.However,the current establishment of green schools fa... The development of society and the advancement of science and technology have led to the widespread integration of digital transformation in the field of education.However,the current establishment of green schools faces various challenges,including non-environmental building facilities,high renovation costs,low organizational management efficiency,high energy consumption,outdated office tools,and insufficient environmental awareness among teachers and students.Through thorough research and analysis,it becomes evident that digital technology can play a pivotal role in addressing these challenges and contribute to all aspects of green school establishment.The incorporation of digital thinking concepts is essential for the construction of ecologically civilized campuses and inclusive innovation.The process of digital design and transformation proves instrumental in optimizing both software and hardware facilities within the campus,thereby reducing energy consumption.Simultaneously,comprehensive digital teaching management enhances overall efficiency in management and service delivery.Innovative digital teaching and learning models emerge as transformative tools,providing new avenues to create low-carbon,green classrooms for both teachers and students.By exploring the application of digital transformation in establishing green schools and examining the resulting spillover effects,valuable insights can be gained.These insights,in turn,serve as reference points for building diversified digital technology paths on campus and fostering the creation of green schools. 展开更多
关键词 Digital transformation Green schools spillover effect
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Study on spillover effect of copper futures between LME and SHFE using wavelet multiresolution analysis 被引量:2
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作者 WANG Su-nan PAN Yun-he YANG Jian-gang 《Journal of Zhejiang University-Science A(Applied Physics & Engineering)》 SCIE EI CAS CSCD 2007年第8期1290-1295,共6页
Research on information spillover effects between financial markets remains active in the economic community. A Granger-type model has recently been used to investigate the spillover between London Metal Exchange(LME)... Research on information spillover effects between financial markets remains active in the economic community. A Granger-type model has recently been used to investigate the spillover between London Metal Exchange(LME) and Shanghai Futures Exchange(SHFE) ,however,possible correlation between the future price and return on different time scales have been ignored. In this paper,wavelet multiresolution decomposition is used to investigate the spillover effects of copper future returns between the two markets. The daily return time series are decomposed on 2n(n=1,…,6) frequency bands through wavelet mul-tiresolution analysis. The correlation between the two markets is studied with decomposed data. It is shown that high frequency detail components represent much more energy than low-frequency smooth components. The relation between copper future daily returns in LME and that in SHFE are different on different time scales. The fluctuations of the copper future daily returns in LME have large effect on that in SHFE in 32-day scale,but small effect in high frequency scales. It also has evidence that strong effects exist between LME and SHFE for monthly responses of the copper futures but not for daily responses. 展开更多
关键词 spillover effect Copper future Future market Wavelet multiresolution analysis
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Volatility spillover effect between financial markets:evidence since the reform of the RMB exchange rate mechanism 被引量:2
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作者 Zhengde Xiong Lijun Han 《Financial Innovation》 2015年第1期119-130,共12页
The volatility spillover effect between the foreign exchange and stock markets has been a major issue in economic and financial studies.In this paper,GC-MSV model was used to study the spillover effect between the for... The volatility spillover effect between the foreign exchange and stock markets has been a major issue in economic and financial studies.In this paper,GC-MSV model was used to study the spillover effect between the foreign exchange market and the stock market after the reform of the RMB exchange rate mechanism.The empirical results show that there is a negative correlation of dynamic price spillovers between the foreign exchange and stock markets.There are asymmetric volatility spillover effects between these two markets for both RMB stages—continued RMB appreciation or constant RMB shock(a significant reduction in appreciation).However,this has been reduced over time.In conclusion,The RMB exchange rate is a key variable that can affect the internal and external equilibrium of the national economy in an open economic environment,and the stock market is capable of quickly reflecting subtle changes in the real economy.In order to keep the stability of the financial markets and the healthy and rapid development of national economy,some suggestions were proposed. 展开更多
关键词 Financial markets Volatility spillover effect GC-MSV model
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Energy consumption,air quality,and air pollution spatial spillover effects:evidence from the Yangtze River Delta of China 被引量:1
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作者 Lingyun He Lu Zhang Rongyan Liu 《Chinese Journal of Population,Resources and Environment》 2019年第4期329-340,共12页
Based on analysis of the theoretical impact of energy consumption on air quality,taking 20 heavily polluted cities in the Yangtze River Delta of China as the object,we construct a Spatial Dubin Model,and estimate the ... Based on analysis of the theoretical impact of energy consumption on air quality,taking 20 heavily polluted cities in the Yangtze River Delta of China as the object,we construct a Spatial Dubin Model,and estimate the effect of energy consumption on air quality and the spatial spillover effects of air pollution.We come to the following conclusions:First,the regional air quality has significant spatial dependence and spatial heterogeneity.Second,under three kinds of spatial associated mode,energy consumption has a negative impact on air quality,and the air pollution arising from energy consumption has a negative intra-regional spillover effect.The effect is strongest under the spatial distance weight matrix,followed by the economic distance,and the adjacent spatial weight matrix,which are−0.7926,−0.4547,and−0.4539,respectively.Third,in addition,under the adjacent space and economic distance space matrix,energy consumption has a significant negative effect on air quality,and the inter-regional spillover effects are−0.1513 and−2.5736,respectively.Meanwhile,considering spatial distance and economic development,the inter-regional spillover effect is much larger than is the intra-regional spillover effect.In general,the total spillover effect is at−0.6053 and−3.0284. 展开更多
关键词 Energy consumption air quality spatial spillover effect Yangtze River Delta
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Low-carbon technology innovation responding to climate change from the perspective of spatial spillover effects 被引量:1
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作者 Weidong Wang Na Lu Caijing Zhang 《Chinese Journal of Population,Resources and Environment》 2018年第2期120-130,共11页
China's technological efforts to tackle climate change have lasted for many years. It is necessary to test the effect of these efforts with quantitative method. To be exact, whether and how China's low-carbon ... China's technological efforts to tackle climate change have lasted for many years. It is necessary to test the effect of these efforts with quantitative method. To be exact, whether and how China's low-carbon technology innovation responds to climate change should be tested. Based on the2004-2015 panel data of 30 provinces in China, we use the method of ESDA analyzing the spatial correlation of China's low-carbon innovation technology. Furthermore, we use the spatial Durbin model empirically analyzing the spatial spillover effects. The results obtained are as follows: first,supply and demand of Chinese low-carbon innovation has some deviation in the spatial distribution. The low-carbon technology innovation as the supply factor shows the characteristics of expanding from the east to the west. Innovation in eastern China has always been the most active, but innovative activities in the middle and western China are gradually decreased.However, carbon emissions have the characteristics of moving westward, implying the change of technology demand different from technology supply. Second, China's low-carbon innovation actively responds to the trend of climate change, indicating China's technological efforts have paid off. However, the spatial spillover effects are not significant, showing that the efforts in each region of China still work for himself. Third, environmental regulation and market pull are important factors for low-carbon technology innovation. Among them, both supporting policy and inhibitory policy have significant impact on the local low-carbon technology innovation, but no significant spatial spillover effects. It shows that environmental policies in different regions are competitive and lack of demonstration effects. Economic growth and export as market pull have higher level of effect on low-carbon technology innovation for both local and adjacent areas.Some policy implications are proposed based on these results finally. 展开更多
关键词 Low-carbon technology innovation climate change spatial spillover effects
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Spatial spillover effects of transport infrastructure on regional economic growth
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作者 刘南 陈远高 周庆明 《Journal of Southeast University(English Edition)》 EI CAS 2007年第S1期33-39,共7页
Spatial spillover effects,either positive or negative,of transport infrastructure,highways/expressways,etc.,on regional economic growth are proposed.Using the panel data for 11 cities of Zhejiang province from 1994 to... Spatial spillover effects,either positive or negative,of transport infrastructure,highways/expressways,etc.,on regional economic growth are proposed.Using the panel data for 11 cities of Zhejiang province from 1994 to 2003,a spatial production function is applied to examine the spatial spillovers which can be generated as a positive output spillover from the transport infrastructure between neighboring cities.Some spatial weighted matrices are adopted to define different neighboring cities to measure how easily factors or economic activities can migrate between regions.The estimation results show that the output elasticity of the highway infrastructure in 11 cities are all insignificant at a 5% significance level;hence,highway infrastructure in a region cannot explain the same region's economic growth.On the other hand,the highway infrastructure of other contiguous regions has positive spillover effects on a same region's economic growth. 展开更多
关键词 transport infrastructure HIGHWAY economic growth effects of spatial spillovers spatial weighted matrix
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Estimate on spillover effect of environmental pollution between peripheral areas
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作者 Qingqing Ma Tongbin Zhang Jinkai Li 《Chinese Journal of Population,Resources and Environment》 2019年第3期254-266,共13页
Interaction of environmental pollution between peripheral areas has become a central topic in the field of resources and environment but little is known about the actual impact on peripheral areas in the current liter... Interaction of environmental pollution between peripheral areas has become a central topic in the field of resources and environment but little is known about the actual impact on peripheral areas in the current literature.This paper sets out a simultaneous equation model to investigate the spillover effect of environmental pollution between China's peripheral areas utilizing the panel data of 218 cities in China.Making use of indicators for measuring the impact on environmental pollution,it identifies that environmental pollution between cities of China has a significant two-way spillover effect.After standardization of variables,it is found that the spillover effect of peripheral areas on urban environmental pollution cannot be neglected.Nearly,a third of the environmental pollution level in a city is induced by the environmental pollution in peripheral areas.If the indicator of environmental pollution in peripheral areas is missing,wrong conclusions will be drawn.Therefore,government should shift the emphasis of environmental regulation from local to global,and improve the overall environmental quality through coordinated management of regional environment. 展开更多
关键词 Environmental pollution peripheral areas spillover effect panel simultaneous equation model
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FDI and the technological spillover effects: a comparative analysis on the Yangtze River Delta and the Pearl River Delta
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作者 陈欣 《Journal of Chongqing University》 CAS 2006年第2期119-124,共6页
This article calculates the technological spillover effects of foreign direct investment (FDI) in the Yangtze River Delta and the Pearl River Delta through Panel Data, and analyzes the influence on the technological s... This article calculates the technological spillover effects of foreign direct investment (FDI) in the Yangtze River Delta and the Pearl River Delta through Panel Data, and analyzes the influence on the technological spillover effects of the following factors in these two different areas: human capital, the opening up, R&D and the source of FDI. It makes the conclusion that FDI in different areas has different technological spillover effects and the local governments should make different policies accordingly so as to gain more obvious technology spillover effects. 展开更多
关键词 foreign direct investment technological spillover effect the Yangtze River Delta the Pearl River Delta
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Analysis of Spillover Effect in Cooperative Knowledge Innovation
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作者 李翠娟 宣国良 《Journal of Donghua University(English Edition)》 EI CAS 2006年第2期44-46,共3页
The paper supposes knowledge innovation as process innovation, revises AJ model and makes Oligopolistic Markets Model of two stages. It compares profit and social welfare between firms in the condition of cooperation ... The paper supposes knowledge innovation as process innovation, revises AJ model and makes Oligopolistic Markets Model of two stages. It compares profit and social welfare between firms in the condition of cooperation and non-cooperation. It draws the conclusion that cooperative knowledge innovation can get much more benefit because of spillover effect of knowledge. 展开更多
关键词 Knowledge Innovation COOPERATION spillover effect.
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Electricity Consumption and Spillover Effects A Dynamic Panel Data Approach
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作者 Veysel Ulusoy Erdem Kilic 《Chinese Business Review》 2011年第6期415-423,共9页
The paper intends to analyze economic factors that influence electricity consumption in the OECD economies. A special interest in this context is given to spillover effects of trade on electricity consumption. For thi... The paper intends to analyze economic factors that influence electricity consumption in the OECD economies. A special interest in this context is given to spillover effects of trade on electricity consumption. For this purpose, a model is constructed that using a dynamic panel study approach. The model is estimated in a GMM framework in which a dynamic procedure is conducted along the balanced growth path for electricity consumption in each economy. In advance, the long run dynamic behavior of prices, GDP, and trade induced spillover variables is determined. In a further step, the short run dynamic mechanism is pursued by estimating the partial adjustment dynamic coefficient on the target level of electricity consumption. The analysis is conducted for industrial, as well as residential electricity consumption. Alternatively, the same procedure is estimated by the application of a fixed period model. The model provides a benchmark tool for electricity policy decisions and for electricity consumption projections. 展开更多
关键词 energy economics spillover effects electricity consumption dynamic panel studies partial adjustment
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Empirical Research on Brand Spillover Effect of Agricultural Product under the Background of Product Injury Crisis
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作者 Yingying XU Xiaoming WANG Le ZHANG 《Asian Agricultural Research》 2017年第5期21-27,共7页
By referring to attribution theory,influence factor and internal mechanism of crisis brand generating two kinds of spillover effects are explored. In this paper,the influence mechanism on spillover effect is explored ... By referring to attribution theory,influence factor and internal mechanism of crisis brand generating two kinds of spillover effects are explored. In this paper,the influence mechanism on spillover effect is explored from the angles of network and industry information. Results show that high online review dispersion is easy to cause that consumer attributes the responsibility to the outside of the enterprise,while low online review dispersion is easy to cause that consumer attributes the responsibility to the inside of the enterprise; high industry base rate information is easy to cause that consumer attributes the responsibility to the outside of the enterprise,while low industry base rate information is easy to cause that consumer attributes the responsibility to the inside of the enterprise. When consumer attributes the responsibility to the outside of the enterprise,infectious network spillover is easy to occur. When consumer attributes the responsibility to the inside of the enterprise,contrast network spillover is easy to occur. Consumer's existing brand knowledge regulates the influence of online review dispersion on responsibility attribution and the influence of industry base rate information on responsibility attribution. Research result could provide effective theoretic reference and management suggestion for crisis enterprise and even whole industry responding to product injury crisis. 展开更多
关键词 Product injury crisis Online review dispersion Industry base rate information spillover effect
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Analysis of Volatility Spillover Effect of Soybean Price between Domestic and International Markets
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作者 Xuegui LIN 《Asian Agricultural Research》 2018年第1期5-9,共5页
Sharp fluctuation of soybean prices in international and domestic markets has caused big risks for both domestic soybean producers and processing enterprises in recent years. It also increases the difficulties in impl... Sharp fluctuation of soybean prices in international and domestic markets has caused big risks for both domestic soybean producers and processing enterprises in recent years. It also increases the difficulties in implementing price stabilization policy for the government. This paper analyzes the volatility spillovers in soybean prices between international and domestic markets using the multivariate VAR-BEKK-GARCH model based on the data set from December 22,2004 to December 19,2014. The estimate results indicate that there are volatility spillover effects from domestic futures market to spot market and bilateral spillover between international futures market and domestic spot market. In order to prevent market manipulation and to reduce the impacts of price volatility in international soybean market on Chinese market,this paper proposes the following policy measures such as establishing early warning mechanism for soybean price fluctuations,improving soybean futures contract design and strengthening trading risk management mechanism,amplifying information disclosure system,and regularizing speculation activities of big traders. 展开更多
关键词 Soybean price Volatility spillover effect Domestic and international markets Market risk
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The Spatial Spillover Effect of Input and Output of Scientific Progress on Regional Economic Growth: The Case of Guangdong Province
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作者 Zicheng Huang 《Open Journal of Statistics》 2020年第3期540-553,共14页
This paper makes an empirical analysis of the spatial spillover effect of regional economic growth by using Moran’s I and Spatial Durbin Model to study the input and output of technological progress, with the panel d... This paper makes an empirical analysis of the spatial spillover effect of regional economic growth by using Moran’s I and Spatial Durbin Model to study the input and output of technological progress, with the panel data of 21 prefecture-level cities in Guangdong Province from 2008 to 2017. The empirical results show that the spatial autocorrelation exists in the economic development of Guangdong Province, and both the input and output of scientific research innovation have a significant positive effect on the regional economic growth. Under the spatial contiguity weights matrix, the output of scientific research and innovation has a more obvious spillover effect on the economic growth of neighboring cities than the input of scientific research and innovation. 展开更多
关键词 Regional Economic Growth Spatial spillover effect Spatial Durbin Model
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FDI's Spillover Effects on China's Growth Quality
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作者 沈坤荣 傅元海 《China Economist》 2011年第1期12-20,共9页
Using panel data of 29 regions in China from 1999 to 2007, this paper presents a systematic evaluation of how FDI's spillover effects impact the quality of China's indigenous econotnic growth, Research outcomes sugg... Using panel data of 29 regions in China from 1999 to 2007, this paper presents a systematic evaluation of how FDI's spillover effects impact the quality of China's indigenous econotnic growth, Research outcomes suggest that technology transfers and diffusion have a positive effect on indigenous growth quality. Spitlover effects (mainly competition effect) have primarily negatively affected indigenous growth quality. The effect on indigenous growth quality is positive only in sub-samples with high foreign capital concentration and ,,hen the spillover effect is similar to the technology transfer and diffusion effect brought about by localization. It is also found that technology gaps, foreign capital concentration and value added ratio gaps are important factors affecting the impact of technology transfer and diffusion on indigenous economic growth. 展开更多
关键词 technology transfer and diffusion spillover effect economic growth quality
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Volatility Spillover Effect of the International Crude Oil Futures Price on Composite and Sector Indices between the Chinese and Australian Stock Markets
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作者 Zhehao Zhu Puzhen He 《经济管理学刊(中英文版)》 2021年第1期63-73,共11页
As a type of non-renewable industrial resource,petroleum is of great strategic significance to the development of each nation.Ever since the 19th century,an array of oil crises have incurred certain downturn of the wo... As a type of non-renewable industrial resource,petroleum is of great strategic significance to the development of each nation.Ever since the 19th century,an array of oil crises have incurred certain downturn of the world economy.Pertinent studies have implied that financial crisis is always prone to be accompanied with oil crisis,yet the relevance of crude oil to the stock market,the barometer of the macro-economy,is ambiguous.In order to avoid the risks induced by the volatility of oil price,the oil futures market has appeared,and at the same time,the financial property of crude oil has become far more evident.Owing to lack of mature mining and refining technology,China still imports large amounts of oil from abroad at present.Thus,the economy of China is susceptible to fluctuation in petroleum price.As for Australia,the only net importer among the member countries of the International Energy Agency(IEA),it fails to attain the target of holding 90 days of fuel reserves set by the agency.However,in 2013,Australian Lincoln Energy announced that a gigantic shale oil field with an estimated value of 21 trillion US dollars was found in the South of Australia,and that if that field is mined,Australia has the possibility to turn into a net exporter of crude oil.It can be expected that the Australia’s economic conditions would be closely related to the international oil to a certain extent.Based on the approaches of the first difference and co-integration,this paper delves into the volatility spillover effect of crude oil futures on the Chinese and Australian stock markets.According to the empirical findings,in the short run,the price of crude oil futures has a greater impact on the Australian composite index than on the Chinese composite index.However,crude oil futures are negatively related to the Chinese composite index in the long run.The price of crude oil futures has no significant impact on the Chinese sector indices,but it has a certain impact on the Australian utilities,energy,materials,and industrial sector indices.In the Chinese stock market,the movement of short-run effect to long-run effect of crude oil futures on sector indices is in the reverse direction.Finally,the price of crude oil futures has a significant volatility spillover effect only on the Australian utilities sector index. 展开更多
关键词 Crude Oil Futures Composite Index Sector Index Volatility spillover effect BEKK-GRACH Model
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The spillover effect of customers’ESG performance on suppliers’green innovation quality
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作者 Yani Sun Yuezhe Shen Qingmei Tan 《China Journal of Accounting Research》 2024年第3期198-225,共28页
This study investigates whether and how customer firms’environmental,social and governance(ESG)performance impacts suppliers’green innovation quality using a sample of Chinese A-share listed companies from 2009 to 2... This study investigates whether and how customer firms’environmental,social and governance(ESG)performance impacts suppliers’green innovation quality using a sample of Chinese A-share listed companies from 2009 to 2022.We find that customers’ESG performance facilitates suppliers’green innovation quality through green learning and corporate competition.Additional tests indicate that customers with stickier customer-supplier relationships and a more central position in the supply chain network than peers enhance suppliers’green innovation quality.After categorizing whether customers engage in greenwashing,we determine that those adherence to green principles,genuinely promote suppliers’green innovation quality.Finally,we find the above effect ultimately enhances suppliers’environmental performance.This study provides valuable insights for supply chain companies into collaboratively achieving sustainable development. 展开更多
关键词 ESG performance spillover effect Green innovation quality Supply chain
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