In order to know about the essence of service employees' innovation behavior, the service employees' innovation behavior scale based on their unique characteristics is designed. Data were collected from high-s...In order to know about the essence of service employees' innovation behavior, the service employees' innovation behavior scale based on their unique characteristics is designed. Data were collected from high-star hospitalities. Through the issuance and the collection of questionnaires, the scale is verified to have good reliability and validity by SPSS software analysis. Meanwhile,the structural equation model( SEM) is suited for testing structural dimensions of service employees' innovation behavior. The results showed that service employees' innovation behavior could be decomposed into a four-dimensional structure,namely innovation orientation, ideas generation, innovation implementation and innovation practice. In addition,there are significant differences in service employees' innovation behavior about subjects' gender,position,education background and years of working.展开更多
In this paper, we prove the existence of a uniform attractor for the process associated with a non-antonomous semilinear thermoelastic problem. And under the certain parameter, we obtain an upper bound for the Hausdor...In this paper, we prove the existence of a uniform attractor for the process associated with a non-antonomous semilinear thermoelastic problem. And under the certain parameter, we obtain an upper bound for the Hausdorff dimension of the uniform attractor.展开更多
Based on outlining the current development situation of the world cruise market ,this paper investigates the market characteristics of the China's cruise in two areas: market supply and market demand. Currently, the...Based on outlining the current development situation of the world cruise market ,this paper investigates the market characteristics of the China's cruise in two areas: market supply and market demand. Currently, the supply of cruise tourism market include port infrastructure, cruise line, cruise companies and travel agencies. Demand in the market, with the perspective of domestic cruise tourists, discusses the structural characteristics of tourists, aspects consumption characteristics, route selection and visitor satisfaction and other characteristics. And from multiple perspectives analysis of the domestic cruise market problems, on this basis, we propose to strengthen the construction of port facilities, the implementation of cruise tourism promotion plan, effectively guide the development of domestic consumption cruise countermeasures.展开更多
Since the last century, China has carried out the reform of public utilities in the ninety time, and has achieved many positive results. The quality and efficiency of public goods supply is greatly improved. The gover...Since the last century, China has carried out the reform of public utilities in the ninety time, and has achieved many positive results. The quality and efficiency of public goods supply is greatly improved. The government has changed the role of producer and provider from the past to the role of provider and regulator, which effectively promoted the development of the privatization of public utilities. However, in the achievements there has also been some problems, such as too much emphasis on efficiency to the neglect of social justice and the government's public responsibility "efficiency generalization" problem that requires our attention.展开更多
With the development of economic globalization and the information industry, the competition among the mobile phone companies is increasingly fierce. This requires the mobile phone companies to re-examine the traditio...With the development of economic globalization and the information industry, the competition among the mobile phone companies is increasingly fierce. This requires the mobile phone companies to re-examine the traditional marketing strategies, to seek and implement new feasible marketing strategy. This paper introduces the definition of virtual marketing, dissertates four virtual marketing strategies implemented by the mobile phone companies, and points out the problems in the process of implementing virtual marketing strategies and proposes the corresponding countermeasures.展开更多
The transformation of the development China's privatization of city public utilities? vigorously promote the government function, however, the relative monopoly administrative operation system, functions decentraliz...The transformation of the development China's privatization of city public utilities? vigorously promote the government function, however, the relative monopoly administrative operation system, functions decentralized system of government regulation and legal system construction is lagging behind, can making the privatization process easily lead to the emergence of efficient generalization, must be identified and avoided. This paper presents efficient generalization of privatization of public utility of our country city in measure, and analyzes the performance efficiency of the three resulting generalization.展开更多
Due to quick changes of the market and long supply chain, it is difficult for clothing enterprises to make timely and correct production adjustment. According China' s data, research of this paper indicates that the ...Due to quick changes of the market and long supply chain, it is difficult for clothing enterprises to make timely and correct production adjustment. According China' s data, research of this paper indicates that the correctness of clothing enterprises adjustment is only about 43%. Some positive actions can improve the condition, such as set up the quick feedback way of the market information, improve information sharing by cooperation mechanism of upstream and downstream in the industry or cross industry, and strengthen the regulatory mechanism of production.展开更多
To assess the elasticity of crude oil price to global factors related to supply of crude oil and the US dollar exchange rate, the authors employed nonlinear models including flexible least squares, and maximum likelih...To assess the elasticity of crude oil price to global factors related to supply of crude oil and the US dollar exchange rate, the authors employed nonlinear models including flexible least squares, and maximum likelihood estimator, in addition to OLS regression mode;using yearly data from 1965 to 2021. The findings indicate change in oil prices due to 1% change in any of the explanatory variables, as follows: the effect of the US dollar depreciation rate, raise crude oil price/barrel by 71 US cents;and increase in OPEC production, decrease crude oil price by 82 US cents;a decrease in non-OPEC production, raise oil price by 4.78 US$. These results imply that, if a ban imposed on Russian crude oil export, and no increase in OPEC production to compensate Russian oil loss in the international markets, global crude oil price expected to rise by 88 US$ above its level before Russian-Ukraine crisis, meaning that crude oil price expected to rise at 160 US$ pbab. However, if OPEC members increase their output level by 10 million barrels per day to compensate the Russian oil loss, then global crude oil price is expected to stay at 102 US$ pb.展开更多
Natural resources represent the base of our living and the entire economic activity.Their depletion is a major challenge for the economic development of both developed and developing economies.Their effi-cient use is ...Natural resources represent the base of our living and the entire economic activity.Their depletion is a major challenge for the economic development of both developed and developing economies.Their effi-cient use is an indispensable requirement and must be the aim of the public policies designed by the authorities worldwide.In this research,we have investigated the impact of the natural resources rent on the economic growth in some major wealthy economies of the world(P5+1 countries namely:US,UK,France,China,Russia,and Germany).We have applied a quantile-on-quantile regression to analyse this impact on different quantiles and a cross-sectional autoregressive distributed lag(CS-ARDL)approach for the panel of these six countries.The Dumitrescu-Hurlin panel causality test was also used to check the causality between natural resource rents and economic growth in these countries.Results show a negative relationship between natural resources rent and economic growth for the panel but a different impact on quantiles in each country.Only for China and the US,a positive effect can be noticed for both lower and higher quantiles of natural resources and economic growth.The Dumitrescu-Hurlin causality test shows that natural resources can predict economic growth only in China,the U.S.,and the panel.In contrast,no causality was found for the other four countries included in the panel.We suggest that nations invest in wind and solar projects,use biofuels and nuclear energy,introduce a temporary profit tax to protect consumers from escalating energy prices,and increase energy efficiency in buildings and industry.Businesses would benefit from a regulatory framework that is uniform and exhaustive,as well as easier to traverse and more receptive to innovation and creativity.Public-private partnership investments in innovation,innovation incentives,and environmental sector opportunities may foster long-term economic growth。展开更多
The primary objective of the paper is to forecast the beta values of companies listed on Sensex,Bombay Stock Exchange(BSE).The BSE Sensex constitutes 30 top most companies listed which are popularly known as blue-chip...The primary objective of the paper is to forecast the beta values of companies listed on Sensex,Bombay Stock Exchange(BSE).The BSE Sensex constitutes 30 top most companies listed which are popularly known as blue-chip companies.To reach out the predefined objectives of the research,Auto Regressive Integrated Moving Average method is used to forecast the future risk and returns for 10 years of historical data from April 2007 to March 2017.Validation accomplished by comparison of forecasted and actual beta values for the hold back period of 2 years.Root-Mean-Square-Error and Mean-Absolute-Error both are used for accuracy measurement.The results revealed that out of 30 listed companies in the BSE Sensex,10 companies’exhibits high beta values,12 companies are with moderate and 8 companies are with low beta values.Further,it is to note that Housing Development Finance Corporation(HDFC)exhibits more inconsistency in terms of beta values though the average beta value is lowest among the companies under the study.A mixed trend is found in forecasted beta values of the BSE Sensex.In this analysis,all the p-values are less than the F-stat values except the case of Tata Steel and Wipro.Therefore,the null hypotheses were rejected leaving Tata Steel and Wipro.The values of actual and forecasted values are showing the almost same results with low error percentage.Therefore,it is concluded from the study that the estimation ARIMA could be acceptable,and forecasted beta values are accurate.So far,there are many studies on ARIMA model to forecast the returns of the stocks based on their historical data.But,hardly there are very few studies which attempt to forecast the returns on the basis of their beta values.Certainly,the attempt so made is a novel approach which has linked risk directly with return.On the basis of the present study,authors try to through light on investment decisions by linking it with beta values of respective stocks.Further,the outcomes of the present study undoubtedly useful to academicians,researchers,and policy makers in their respective area of studies.展开更多
This study explores the connections between renewable energy consumption(REC),non-renewable energy consumption(NREC),gross fixed capital formation(GFCF),the labor force(LF),and economic growth(GDP)in Renewable Energy ...This study explores the connections between renewable energy consumption(REC),non-renewable energy consumption(NREC),gross fixed capital formation(GFCF),the labor force(LF),and economic growth(GDP)in Renewable Energy Country Attractiveness Index(RECAI)countries for 1991-2016.We quantify the nexus between REC,NREC,and GDP while utilizing a production model framework and including the measures of labor and capital,for suggesting a phase-wise strategy to attain the sustainable development goals.We use robust methodologies including Lagrange Multiplier(LM)panel unit root tests with trend shifts,Westerlund cointegration test,LM bootstrap technique for cointegration with breaks,continuously updated fully modified(CUP-FM)and continuously updated bias-corrected(CUPBC)estimators,Augmented Mean Group(AMG)approach,fully modified ordinary least squares,dynamic ordinary least squares,Canonical Cointegrating Regression(CCR),and panel causality test proposed by Canning&Pedroni.We compute non-parametric time-varying coefficients with fixed effects for seeing the impact of GFCF,LF,REC,and NREC on GDP.Our results press upon policymakers to shift toward clean energy and REC for attaining the environmental goals(SDGs 6,7,13,and 15)and the economic goals(SDGs 1,2,8,and 10).While this shift would help developed economies,which have already attained the economic goals,to progress on the front of environmental goals,it would enable developing countries to progress on both fronts in a balanced manner.展开更多
基金Shanghai University of Engineering Science's Research Cultivation Fund Project,China(No.A25001201194)National Natural Science Foundation,China(No.71301100)+1 种基金the Fundamental Research Funds for the Central Universities,China(No.JB-SK1204)China Postdoctoral Science Foundation(No.2014M561655)
文摘In order to know about the essence of service employees' innovation behavior, the service employees' innovation behavior scale based on their unique characteristics is designed. Data were collected from high-star hospitalities. Through the issuance and the collection of questionnaires, the scale is verified to have good reliability and validity by SPSS software analysis. Meanwhile,the structural equation model( SEM) is suited for testing structural dimensions of service employees' innovation behavior. The results showed that service employees' innovation behavior could be decomposed into a four-dimensional structure,namely innovation orientation, ideas generation, innovation implementation and innovation practice. In addition,there are significant differences in service employees' innovation behavior about subjects' gender,position,education background and years of working.
基金The NSF(10771139)of ChinaSpecial Fund(gjd-07011)of Scientific Research for Shang-hai's Excellent Young College TeachersKey Subjects(xk0704)on Management Science and Engineering.
文摘In this paper, we prove the existence of a uniform attractor for the process associated with a non-antonomous semilinear thermoelastic problem. And under the certain parameter, we obtain an upper bound for the Hausdorff dimension of the uniform attractor.
文摘Based on outlining the current development situation of the world cruise market ,this paper investigates the market characteristics of the China's cruise in two areas: market supply and market demand. Currently, the supply of cruise tourism market include port infrastructure, cruise line, cruise companies and travel agencies. Demand in the market, with the perspective of domestic cruise tourists, discusses the structural characteristics of tourists, aspects consumption characteristics, route selection and visitor satisfaction and other characteristics. And from multiple perspectives analysis of the domestic cruise market problems, on this basis, we propose to strengthen the construction of port facilities, the implementation of cruise tourism promotion plan, effectively guide the development of domestic consumption cruise countermeasures.
文摘Since the last century, China has carried out the reform of public utilities in the ninety time, and has achieved many positive results. The quality and efficiency of public goods supply is greatly improved. The government has changed the role of producer and provider from the past to the role of provider and regulator, which effectively promoted the development of the privatization of public utilities. However, in the achievements there has also been some problems, such as too much emphasis on efficiency to the neglect of social justice and the government's public responsibility "efficiency generalization" problem that requires our attention.
文摘With the development of economic globalization and the information industry, the competition among the mobile phone companies is increasingly fierce. This requires the mobile phone companies to re-examine the traditional marketing strategies, to seek and implement new feasible marketing strategy. This paper introduces the definition of virtual marketing, dissertates four virtual marketing strategies implemented by the mobile phone companies, and points out the problems in the process of implementing virtual marketing strategies and proposes the corresponding countermeasures.
文摘The transformation of the development China's privatization of city public utilities? vigorously promote the government function, however, the relative monopoly administrative operation system, functions decentralized system of government regulation and legal system construction is lagging behind, can making the privatization process easily lead to the emergence of efficient generalization, must be identified and avoided. This paper presents efficient generalization of privatization of public utility of our country city in measure, and analyzes the performance efficiency of the three resulting generalization.
文摘Due to quick changes of the market and long supply chain, it is difficult for clothing enterprises to make timely and correct production adjustment. According China' s data, research of this paper indicates that the correctness of clothing enterprises adjustment is only about 43%. Some positive actions can improve the condition, such as set up the quick feedback way of the market information, improve information sharing by cooperation mechanism of upstream and downstream in the industry or cross industry, and strengthen the regulatory mechanism of production.
文摘To assess the elasticity of crude oil price to global factors related to supply of crude oil and the US dollar exchange rate, the authors employed nonlinear models including flexible least squares, and maximum likelihood estimator, in addition to OLS regression mode;using yearly data from 1965 to 2021. The findings indicate change in oil prices due to 1% change in any of the explanatory variables, as follows: the effect of the US dollar depreciation rate, raise crude oil price/barrel by 71 US cents;and increase in OPEC production, decrease crude oil price by 82 US cents;a decrease in non-OPEC production, raise oil price by 4.78 US$. These results imply that, if a ban imposed on Russian crude oil export, and no increase in OPEC production to compensate Russian oil loss in the international markets, global crude oil price expected to rise by 88 US$ above its level before Russian-Ukraine crisis, meaning that crude oil price expected to rise at 160 US$ pbab. However, if OPEC members increase their output level by 10 million barrels per day to compensate the Russian oil loss, then global crude oil price is expected to stay at 102 US$ pb.
文摘Natural resources represent the base of our living and the entire economic activity.Their depletion is a major challenge for the economic development of both developed and developing economies.Their effi-cient use is an indispensable requirement and must be the aim of the public policies designed by the authorities worldwide.In this research,we have investigated the impact of the natural resources rent on the economic growth in some major wealthy economies of the world(P5+1 countries namely:US,UK,France,China,Russia,and Germany).We have applied a quantile-on-quantile regression to analyse this impact on different quantiles and a cross-sectional autoregressive distributed lag(CS-ARDL)approach for the panel of these six countries.The Dumitrescu-Hurlin panel causality test was also used to check the causality between natural resource rents and economic growth in these countries.Results show a negative relationship between natural resources rent and economic growth for the panel but a different impact on quantiles in each country.Only for China and the US,a positive effect can be noticed for both lower and higher quantiles of natural resources and economic growth.The Dumitrescu-Hurlin causality test shows that natural resources can predict economic growth only in China,the U.S.,and the panel.In contrast,no causality was found for the other four countries included in the panel.We suggest that nations invest in wind and solar projects,use biofuels and nuclear energy,introduce a temporary profit tax to protect consumers from escalating energy prices,and increase energy efficiency in buildings and industry.Businesses would benefit from a regulatory framework that is uniform and exhaustive,as well as easier to traverse and more receptive to innovation and creativity.Public-private partnership investments in innovation,innovation incentives,and environmental sector opportunities may foster long-term economic growth。
文摘The primary objective of the paper is to forecast the beta values of companies listed on Sensex,Bombay Stock Exchange(BSE).The BSE Sensex constitutes 30 top most companies listed which are popularly known as blue-chip companies.To reach out the predefined objectives of the research,Auto Regressive Integrated Moving Average method is used to forecast the future risk and returns for 10 years of historical data from April 2007 to March 2017.Validation accomplished by comparison of forecasted and actual beta values for the hold back period of 2 years.Root-Mean-Square-Error and Mean-Absolute-Error both are used for accuracy measurement.The results revealed that out of 30 listed companies in the BSE Sensex,10 companies’exhibits high beta values,12 companies are with moderate and 8 companies are with low beta values.Further,it is to note that Housing Development Finance Corporation(HDFC)exhibits more inconsistency in terms of beta values though the average beta value is lowest among the companies under the study.A mixed trend is found in forecasted beta values of the BSE Sensex.In this analysis,all the p-values are less than the F-stat values except the case of Tata Steel and Wipro.Therefore,the null hypotheses were rejected leaving Tata Steel and Wipro.The values of actual and forecasted values are showing the almost same results with low error percentage.Therefore,it is concluded from the study that the estimation ARIMA could be acceptable,and forecasted beta values are accurate.So far,there are many studies on ARIMA model to forecast the returns of the stocks based on their historical data.But,hardly there are very few studies which attempt to forecast the returns on the basis of their beta values.Certainly,the attempt so made is a novel approach which has linked risk directly with return.On the basis of the present study,authors try to through light on investment decisions by linking it with beta values of respective stocks.Further,the outcomes of the present study undoubtedly useful to academicians,researchers,and policy makers in their respective area of studies.
文摘This study explores the connections between renewable energy consumption(REC),non-renewable energy consumption(NREC),gross fixed capital formation(GFCF),the labor force(LF),and economic growth(GDP)in Renewable Energy Country Attractiveness Index(RECAI)countries for 1991-2016.We quantify the nexus between REC,NREC,and GDP while utilizing a production model framework and including the measures of labor and capital,for suggesting a phase-wise strategy to attain the sustainable development goals.We use robust methodologies including Lagrange Multiplier(LM)panel unit root tests with trend shifts,Westerlund cointegration test,LM bootstrap technique for cointegration with breaks,continuously updated fully modified(CUP-FM)and continuously updated bias-corrected(CUPBC)estimators,Augmented Mean Group(AMG)approach,fully modified ordinary least squares,dynamic ordinary least squares,Canonical Cointegrating Regression(CCR),and panel causality test proposed by Canning&Pedroni.We compute non-parametric time-varying coefficients with fixed effects for seeing the impact of GFCF,LF,REC,and NREC on GDP.Our results press upon policymakers to shift toward clean energy and REC for attaining the environmental goals(SDGs 6,7,13,and 15)and the economic goals(SDGs 1,2,8,and 10).While this shift would help developed economies,which have already attained the economic goals,to progress on the front of environmental goals,it would enable developing countries to progress on both fronts in a balanced manner.