Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and m...Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and market opening. We have arrived at these findings： market opening spurs entry and exit of large numbers of non-state-owned enterprises （non-SOEs） and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors ＇productivity.展开更多
The interaction between free surface flow and structure is investigated using a new level set immersed boundary method.The incorporation of an improved immersed boundary method with a free surface capture scheme imple...The interaction between free surface flow and structure is investigated using a new level set immersed boundary method.The incorporation of an improved immersed boundary method with a free surface capture scheme implemented in a Navier-Stokes solver allows the interaction between fluid flow with free surface and moving body/bodies of almost arbitrary shape to be modelled.A new algorithm is proposed to locate exact forcing points near solid boundaries,which provides an accurate numerical solution.The discretized linear system of the Poisson pressure equation is solved using the Generalized Minimum Residual(GMRES)method with incomplete LU preconditioning.Uniform flow past a cylinder at Reynolds number Re=100 is modelled using the present model and results agree well with the experiment and numerical data in the literature.Water exit and entry of a cylinder at the prescribed velocity is also investigated.The predicted slamming coefficient is in good agreement with experimental data and previous numerical simulations using a ComFlow model.The vertical slamming force and pressure distribution for the free falling wedge is also studied by the present model and comparisons with available theoretical solutions and experimental data are made.展开更多
We explore firm quasi-dynamics(entry,exit,and growth)in Chinese manufacturing industry and investigate how these dynamics vary across regions.Our results show that relative to provinces with less developed economies,i...We explore firm quasi-dynamics(entry,exit,and growth)in Chinese manufacturing industry and investigate how these dynamics vary across regions.Our results show that relative to provinces with less developed economies,in provinces with more developed economies(i)there is a higher proportion of new firms;(i)new firms are smaller and more labor-intensive;(ii)firms exit at a quicker rate,and surviving firms grow faster.These results point toward cross-region differences in market efficiency in terms of how much it costs a firm to enter or exit the market.Our findings shed light on how firms should adapt their strategies across regions and how the government should create sound policies on industrial upgradingand relocation.展开更多
文摘Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity （TFP） growth of China＇s industry during economic transition and market opening. We have arrived at these findings： market opening spurs entry and exit of large numbers of non-state-owned enterprises （non-SOEs） and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors ＇productivity.
基金the support of the South West of England Regional Development Agency in funding this project through Peninsular Research Institute for Marine Renewable Energy(http://www.primare.org/).
文摘The interaction between free surface flow and structure is investigated using a new level set immersed boundary method.The incorporation of an improved immersed boundary method with a free surface capture scheme implemented in a Navier-Stokes solver allows the interaction between fluid flow with free surface and moving body/bodies of almost arbitrary shape to be modelled.A new algorithm is proposed to locate exact forcing points near solid boundaries,which provides an accurate numerical solution.The discretized linear system of the Poisson pressure equation is solved using the Generalized Minimum Residual(GMRES)method with incomplete LU preconditioning.Uniform flow past a cylinder at Reynolds number Re=100 is modelled using the present model and results agree well with the experiment and numerical data in the literature.Water exit and entry of a cylinder at the prescribed velocity is also investigated.The predicted slamming coefficient is in good agreement with experimental data and previous numerical simulations using a ComFlow model.The vertical slamming force and pressure distribution for the free falling wedge is also studied by the present model and comparisons with available theoretical solutions and experimental data are made.
基金financial support from the National Natural Science Foundation of China(No.71773004).
文摘We explore firm quasi-dynamics(entry,exit,and growth)in Chinese manufacturing industry and investigate how these dynamics vary across regions.Our results show that relative to provinces with less developed economies,in provinces with more developed economies(i)there is a higher proportion of new firms;(i)new firms are smaller and more labor-intensive;(ii)firms exit at a quicker rate,and surviving firms grow faster.These results point toward cross-region differences in market efficiency in terms of how much it costs a firm to enter or exit the market.Our findings shed light on how firms should adapt their strategies across regions and how the government should create sound policies on industrial upgradingand relocation.
