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基于计量经济学的中国上市公司股息分配影响因素的实证分析
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作者 杨韵琪 《中国集体经济》 2024年第33期113-116,共4页
股票投资作为当今中国最大的个人投资市场之一,吸引了众多投资者参与买卖。从现金流折现的角度看,股利是股票的息票,是债券的一种特殊形式。文章通过计量经济学模型和STATA统计软件,分析了2015-2018年间中国A股1291家上市公司股息分配... 股票投资作为当今中国最大的个人投资市场之一,吸引了众多投资者参与买卖。从现金流折现的角度看,股利是股票的息票,是债券的一种特殊形式。文章通过计量经济学模型和STATA统计软件,分析了2015-2018年间中国A股1291家上市公司股息分配的影响因素。利用混合面板回归模型、固定效应回归模型、双向固定效应回归模型和随机效应回归模型,对股利政策的影响因素进行了回归分析。结果显示,公司盈利能力、流动性、前一年度的股息支付率和企业杠杆率显著影响当年的股息支付率,而税收水平对股息支付率有负面影响。通过F检验、LM检验和Hausman检验,确定了最优的模型为双向固定效应模型。为中国上市公司股利政策的决定因素提供了实证依据。 展开更多
关键词 股息分配 计量经济学 上市公司 数据分析 多模型测试
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Research on dynamic characteristics model test scheme for middle pylon of multi-pylon multi-span suspension bridges
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作者 Zhang Yufeng Zhang Dachang 《Engineering Sciences》 EI 2012年第3期64-71,共8页
Multi-pylon multi-span suspension bridge is a new type super flexible structure system, and the rigidity design of middle pylon is one of the main difficult technical issues. Due to the requirements of longitudinal ri... Multi-pylon multi-span suspension bridge is a new type super flexible structure system, and the rigidity design of middle pylon is one of the main difficult technical issues. Due to the requirements of longitudinal rigidity, the structural form and the corresponding foundation type of middle pylon are different from those of the ordinary steel pylon, and the complicated dynamic characteristics make the calculation quite difficult. In this article, exploration has been made in selection of similarity ratio and model materials, section simulation, restriction conditions simulation, fixing of mass blocks, fabrication scheme and testing method by taking into account different construction and working conditions such as restriction conditions and working environment of a three-pylon suspension bridge, to conduct the test experimental design of the dynamic behavior of the middle pylon, with the purpose to reveal its dynamic characteristics and make comparison and analysis with theoretical assumptions, to provide basis for anti-wind and anti-seismic design and reference for the design and research of three-pylon two-span suspension bridges in the future. 展开更多
关键词 multi-pylon multi-span suspension bridge middle pylon dynamic characteristics model test
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Multi-objective optimization of space station short-term mission planning 被引量:6
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作者 BU HuiJiao ZHANG Jin +1 位作者 LUO YaZhong ZHOU JianPing 《Science China(Technological Sciences)》 SCIE EI CAS CSCD 2015年第12期2169-2185,共17页
This paper studies the multi-objective optimization of space station short-term mission planning(STMP), which aims to obtain a mission-execution plan satisfying multiple planning demands. The planning needs to allocat... This paper studies the multi-objective optimization of space station short-term mission planning(STMP), which aims to obtain a mission-execution plan satisfying multiple planning demands. The planning needs to allocate the execution time effectively, schedule the on-board astronauts properly, and arrange the devices reasonably. The STMP concept models for problem definitions and descriptions are presented, and then an STMP multi-objective planning model is developed. To optimize the STMP problem, a Non-dominated Sorting Genetic Algorithm II(NSGA-II) is adopted and then improved by incorporating an iterative conflict-repair strategy based on domain knowledge. The proposed approach is demonstrated by using a test case with thirty-five missions, eighteen devices and three astronauts. The results show that the established STMP model is effective, and the improved NSGA-II can successfully obtain the multi-objective optimal plans satisfying all constraints considered. Moreover, through contrast tests on solving the STMP problem, the NSGA-II shows a very competitive performance with respect to the Strength Pareto Evolutionary Algorithm II(SPEA-II) and the Multi-objective Particle Swarm Optimization(MOPSO). 展开更多
关键词 space station short-term mission planning multi-objective optimization NSGA-II
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