scholarly journals Dynamic Coevolution of Capital Allocation Efficiency of New Energy Vehicle Enterprises from Financing Niche Perspective

2019 ◽  
Vol 2019 ◽  
pp. 1-9 ◽  
Author(s):  
Qiong Wang ◽  
Cheng-xuan Geng ◽  
Hai-tao E

Based on the dynamic characteristics of enterprises’ competition and cooperation, this paper introduces the idea of ecology and synergy and constructs a dynamic coevolution model of financing allocation efficiency and financing niche based on improved Lotka-Volterra model. The parameters in the model are difficult to be given by the least square method and the maximum likelihood estimation method; the accelerated genetic algorithm is proposed to solve the parameters in the dynamic coevolution model, which makes the parameter estimation more accurate and reasonable. Finally, the data of new energy vehicle listed companies in China from 2009 to 2017 are given to validate the proposed model, and the dynamic process of coevolution of new energy vehicle enterprises, capital allocation efficiency, and financing niche is described. The results show that the minimum financing niche breadth of industry and market determines the location of the equilibrium point. With capital allocation efficiency as the core, adjusting the financing niche through financing market, industrial policy, enterprise development, and other factors will help to improve the coevolution balance between industrial capital allocation efficiency and financing niche and promote the coordinated development of strategic emerging industries.

2021 ◽  
pp. 1-17
Author(s):  
Lina Ma ◽  
Fengju Xu ◽  
Lihua Wang ◽  
Akther Taslima

Capital enrichment (CE) results from capital flows, which reflect the capital distribution among different regions and industries. This paper constructs the evaluation model of resource allocation efficiency from the perspective of capital and innovation resources. It expounds on CE’s theoretical mechanism by using the panel data from 2011 to 2018 for system GMM estimation. It finds that the manufacturing capital allocation efficiency (CAE) and innovation resource allocation efficiency (IRAE) show a volatile development trend. Both static and dynamic panel models show that there is a significant U-shaped curvilinear relationship between CE and CAE, CE and IRAE. CE’s inhibitory effect on CAE and IRAE decreases with the improvement of CE until it exceeds the critical value of 8.27 and 8.93. After that, its impact on CAE and IRAE changes from negative to positive.


2018 ◽  
Vol 14 (11) ◽  
pp. 155014771878689 ◽  
Author(s):  
Shenghong Li ◽  
Lingyun Lu ◽  
Mark Hedley ◽  
David Humphrey ◽  
Iain B Collings

A widely used scheme for target localization is to measure the time of arrival of a wireless signal emitted by a tag, which requires the clocks of the anchors (receivers at known locations) to be accurately synchronized. Conventional systems rely on transmissions from a timing reference node at a known location for clock synchronization and therefore are susceptible to reference node failure. In this article, we propose a novel localization scheme which jointly estimates anchor clock offsets and target positions. The system does not require timing reference nodes and is completely passive (non-intrusive). The positioning algorithm is formulated as a maximum likelihood estimation problem, which is solved efficiently using an iterative linear least square method. The Cramér–Rao lower bound of positioning error is also analyzed. It is shown that the performance of the proposed scheme improves with the number of targets in the system and approaches that of a system with perfectly synchronized anchors.


2021 ◽  
Vol 2083 (4) ◽  
pp. 042002
Author(s):  
Yuewu Shi ◽  
Wei Wang ◽  
Zhizhen Zhu ◽  
Xin Nie

Abstract This paper presents an estimation method of double exponential pulse (DEP) between the physical parameters rise time (t r), full width at half maximum amplitude (t FWHM) and the mathematical parameters α, β. A newly fitting method based on the least infinity norm criterion is proposed to deal with the estimation problem of DEP. The calculation process and equation of parameters of this method is proposed based on an m-th-order polynomial fitting model. This estimation method is compared with the least square method by the same data and fitting function. The results show that the maximum estimation error of parameters of double exponential pulse obtained by the least infinity norm method is 1.5 %.


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