This study is motivated by the lack of direct empirical research on the relationship between intangible assets （IA） and loan interest rates for small- and medium-sized enterprises （SMEs） in emerging markets. This ...This study is motivated by the lack of direct empirical research on the relationship between intangible assets （IA） and loan interest rates for small- and medium-sized enterprises （SMEs） in emerging markets. This study uses a multivariate regression to investigate the effects of 1A on loan interest rates by focusing on SMEs. Using a panel sample of 186 publicly-listed SMEs with 952 annual observations in Taiwan from 2001 to 2006, the empirical findings indicate that an SME＇s IA does negatively affect loan interest rates. The main contribution of this study lies in its direct testing of whether IA can affect the loan interest rates for SMEs in an emerging market. The finding provides empirical evidence that an SME with greater IA leads to lower interest rates on bank loans, implying that SMEs should strive to invest in IA and enhance their knowledge management for obtaining more benefits of loan interest rates. Furthermore, the findings may provide empirical evidence for SMEs in emerging markets and can be compared with those for firms in industrialized economies.展开更多
This paper aims to investigate the effects of labor allocation distortions and various levels of distortion-free labor allocation on social output in China's primary,secondary and tertiary industries.Theoretical m...This paper aims to investigate the effects of labor allocation distortions and various levels of distortion-free labor allocation on social output in China's primary,secondary and tertiary industries.Theoretical model creation and empirical study have led us to the following findings:the quantity of workforce in China's primary industry exceeds the quantity of workforce under the scenario of distortion-free labor allocation and the same is generally true for China's tertiary industry.However,the quantity of labor allocation in secondary industry is significantly below the level of distortion-free allocation but the share of allocation distortion overall tends to decline.Labor allocation distortions for various sectors are mainly caused by intra-sectoral allocation distortions and sectoral wage differences,of which the effect of internal distortion factor is the most obvious.In terms of total output,the eliminations of total distortion,wage difference distortion and internal allocation distortion will all cause total social output to exceed original output,and labor reallocation accompanying capital change will not only bring about a further increase of output but may offset the defects of limited potentials of labor resources reallocation.Growth rates with the eliminations of wage difference distortion,internal allocation distortion and superimposed factor can basically explain for the growth rates with the elimination of all distortions.Given this background,it is necessary to take effective measures at an early date to reduce China s labor allocation distortions and improve overall economic efficiency.展开更多
The physicochemical analysis was carried out to quantify the total soluble solids, acidity, pH, ascorbic acid contents and pulp colour of eight selected durian hybrid clones. The aim of this study was to select the mo...The physicochemical analysis was carried out to quantify the total soluble solids, acidity, pH, ascorbic acid contents and pulp colour of eight selected durian hybrid clones. The aim of this study was to select the most promising durian hybrids for commercialization. The durian hybrid fruits were collected in an established durian research plot. All tested characteristics with the exception for total soluble solids （TSS） showed significant differences （P 〈 0.05） amongst the eight durian hybrids with four check cultivars. F1 hybrid 15-3 had significantly higher pH （7.25） and lower titratable acidity （0.09%） than other hybrids. While for ascorbic acid content, durian hybrid 7-3 （26.13 rag/100 g） showed significantly higher than other hybrids. As for pulp colour, hybrids 1-15, 1-17 and 7-20 were yellowish orange/deep yellow. Even though there was no significant differences for TSS, three durian hybrids showed value above 39.00 °Brix and there were hybrid 14-3 （39.97 °Brix）, hybrid 8-16 （39.83 °Brix） and hybrid 7-3 （39.50 °Brix）. Based on the results of this study, Fl hybrids durian 1-15, 7-3, 8-16, 14-3 and 15-3 shall become successful candidates for recommendation to farmers for commercial production in Malaysia. However, further evaluations on fruit eating quality and stability of the hybrids should be completed prior to recommendation for commercialization.展开更多
The paper design intelligent monitoring system of aquaculture based on CC2530 wireless sensor networks, combined with the actual situation, takes the tilapia as an example to analyze detailed of the process in intelli...The paper design intelligent monitoring system of aquaculture based on CC2530 wireless sensor networks, combined with the actual situation, takes the tilapia as an example to analyze detailed of the process in intelligent high density culture. At the same time, the paper introduced each function module of aquaculture for the intelligent monitoring system and formulate control standard according to the aquatic products in different growth stages of demand, through the real-time monitoring of aquaculture environment, measured the standard parameter setting of parameters and the system automatically adjusts the aquaculture environment comparison. The test results show that the temperature error is in the range of 0.5 ℃, dissolved oxygen amount of error is in the range of 0.3mg/L, the error of pH value is within 0.3, system data transmission correct rate is more than 98%.展开更多
文摘This study is motivated by the lack of direct empirical research on the relationship between intangible assets （IA） and loan interest rates for small- and medium-sized enterprises （SMEs） in emerging markets. This study uses a multivariate regression to investigate the effects of 1A on loan interest rates by focusing on SMEs. Using a panel sample of 186 publicly-listed SMEs with 952 annual observations in Taiwan from 2001 to 2006, the empirical findings indicate that an SME＇s IA does negatively affect loan interest rates. The main contribution of this study lies in its direct testing of whether IA can affect the loan interest rates for SMEs in an emerging market. The finding provides empirical evidence that an SME with greater IA leads to lower interest rates on bank loans, implying that SMEs should strive to invest in IA and enhance their knowledge management for obtaining more benefits of loan interest rates. Furthermore, the findings may provide empirical evidence for SMEs in emerging markets and can be compared with those for firms in industrialized economies.
基金funded by National Social Sciences Foundation Program:Empirical Analysis and Countermeasures of Income Distribution Imbalances for Corporate Average Employees Based on Quality and Efficiency(Approval No.13BJY037)
文摘This paper aims to investigate the effects of labor allocation distortions and various levels of distortion-free labor allocation on social output in China's primary,secondary and tertiary industries.Theoretical model creation and empirical study have led us to the following findings:the quantity of workforce in China's primary industry exceeds the quantity of workforce under the scenario of distortion-free labor allocation and the same is generally true for China's tertiary industry.However,the quantity of labor allocation in secondary industry is significantly below the level of distortion-free allocation but the share of allocation distortion overall tends to decline.Labor allocation distortions for various sectors are mainly caused by intra-sectoral allocation distortions and sectoral wage differences,of which the effect of internal distortion factor is the most obvious.In terms of total output,the eliminations of total distortion,wage difference distortion and internal allocation distortion will all cause total social output to exceed original output,and labor reallocation accompanying capital change will not only bring about a further increase of output but may offset the defects of limited potentials of labor resources reallocation.Growth rates with the eliminations of wage difference distortion,internal allocation distortion and superimposed factor can basically explain for the growth rates with the elimination of all distortions.Given this background,it is necessary to take effective measures at an early date to reduce China s labor allocation distortions and improve overall economic efficiency.
文摘The physicochemical analysis was carried out to quantify the total soluble solids, acidity, pH, ascorbic acid contents and pulp colour of eight selected durian hybrid clones. The aim of this study was to select the most promising durian hybrids for commercialization. The durian hybrid fruits were collected in an established durian research plot. All tested characteristics with the exception for total soluble solids （TSS） showed significant differences （P 〈 0.05） amongst the eight durian hybrids with four check cultivars. F1 hybrid 15-3 had significantly higher pH （7.25） and lower titratable acidity （0.09%） than other hybrids. While for ascorbic acid content, durian hybrid 7-3 （26.13 rag/100 g） showed significantly higher than other hybrids. As for pulp colour, hybrids 1-15, 1-17 and 7-20 were yellowish orange/deep yellow. Even though there was no significant differences for TSS, three durian hybrids showed value above 39.00 °Brix and there were hybrid 14-3 （39.97 °Brix）, hybrid 8-16 （39.83 °Brix） and hybrid 7-3 （39.50 °Brix）. Based on the results of this study, Fl hybrids durian 1-15, 7-3, 8-16, 14-3 and 15-3 shall become successful candidates for recommendation to farmers for commercial production in Malaysia. However, further evaluations on fruit eating quality and stability of the hybrids should be completed prior to recommendation for commercialization.
文摘The paper design intelligent monitoring system of aquaculture based on CC2530 wireless sensor networks, combined with the actual situation, takes the tilapia as an example to analyze detailed of the process in intelligent high density culture. At the same time, the paper introduced each function module of aquaculture for the intelligent monitoring system and formulate control standard according to the aquatic products in different growth stages of demand, through the real-time monitoring of aquaculture environment, measured the standard parameter setting of parameters and the system automatically adjusts the aquaculture environment comparison. The test results show that the temperature error is in the range of 0.5 ℃, dissolved oxygen amount of error is in the range of 0.3mg/L, the error of pH value is within 0.3, system data transmission correct rate is more than 98%.
