With the frequent fluctuations of international crude oil prices and China＇s increasing dependence on foreign oil in recent years, the volatility of international oil prices has significantly influenced China domesti...With the frequent fluctuations of international crude oil prices and China＇s increasing dependence on foreign oil in recent years, the volatility of international oil prices has significantly influenced China domestic refined oil price. This paper aims to investigate the transmission and feedback mechanism between international crude oil prices and China＇s refined oil prices for the time span from January 2011 to November 2015 by using the Granger causality test, vector autoregression model, impulse response function and variance decomposition methods. It is demonstrated that variation of international crude oil prices can cause China domestic refined oil price to change with a weak feedback effect. Moreover, international crude oil prices and China domestic refined oil prices are affected by their lag terms in positive and negative directions in different degrees. Besides, an international crude oil price shock has a signif- icant positive impact on domestic refined oil prices while the impulse response of the international crude oil price variable to the domestic refined oil price shock is negatively insignificant. Furthermore, international crude oil prices and domestic refined oil prices have strong historical inheri- tance. According to the variance decomposition analysis, the international crude oil price is significantly affected by its own disturbance influence, and a domestic refined oil price shock has a slight impact on international crude oil price changes. The domestic refined oil price variance is mainly caused by international crude oil price disturbance, while the domestic refined oil price is slightly affected by its own disturbance. Generally, domestic refined oil prices do not immediately respond to an international crude oil price change, that is, there is a time lag.展开更多
To solve the inter carrier interference （ICI） elimination problem of an M-band wavelet multi-carrier modulation system, this paper analyzes the principle of the ICI caused by the Doppler frequency shift and its math...To solve the inter carrier interference （ICI） elimination problem of an M-band wavelet multi-carrier modulation system, this paper analyzes the principle of the ICI caused by the Doppler frequency shift and its mathematical expression based on the M-band wavelet multi-carrier modulation system model. Through the analysis of the mathematical expression and combining with the perfect reconstruction conditions of the filter banks, we propose the design conditions of an M-band filter to reduce and eliminate the ICI. The impulse response model of the filter design conditions and an iterative algorithm is also established. The simulation results show that the proposed ICI reduction and elimination methods can effectively improve the system performance.展开更多
基金support from the Key Project of National Social Science Foundation of China (NO. 13&ZD159)
文摘With the frequent fluctuations of international crude oil prices and China＇s increasing dependence on foreign oil in recent years, the volatility of international oil prices has significantly influenced China domestic refined oil price. This paper aims to investigate the transmission and feedback mechanism between international crude oil prices and China＇s refined oil prices for the time span from January 2011 to November 2015 by using the Granger causality test, vector autoregression model, impulse response function and variance decomposition methods. It is demonstrated that variation of international crude oil prices can cause China domestic refined oil price to change with a weak feedback effect. Moreover, international crude oil prices and China domestic refined oil prices are affected by their lag terms in positive and negative directions in different degrees. Besides, an international crude oil price shock has a signif- icant positive impact on domestic refined oil prices while the impulse response of the international crude oil price variable to the domestic refined oil price shock is negatively insignificant. Furthermore, international crude oil prices and domestic refined oil prices have strong historical inheri- tance. According to the variance decomposition analysis, the international crude oil price is significantly affected by its own disturbance influence, and a domestic refined oil price shock has a slight impact on international crude oil price changes. The domestic refined oil price variance is mainly caused by international crude oil price disturbance, while the domestic refined oil price is slightly affected by its own disturbance. Generally, domestic refined oil prices do not immediately respond to an international crude oil price change, that is, there is a time lag.
基金supported by the National Natural Science Foundation of China (Grant No.60872114)
文摘To solve the inter carrier interference （ICI） elimination problem of an M-band wavelet multi-carrier modulation system, this paper analyzes the principle of the ICI caused by the Doppler frequency shift and its mathematical expression based on the M-band wavelet multi-carrier modulation system model. Through the analysis of the mathematical expression and combining with the perfect reconstruction conditions of the filter banks, we propose the design conditions of an M-band filter to reduce and eliminate the ICI. The impulse response model of the filter design conditions and an iterative algorithm is also established. The simulation results show that the proposed ICI reduction and elimination methods can effectively improve the system performance.
