scholarly journals COVID-19's Impact on China's Strategic Emerging Industries: An Observation of Policy Difficulties

2022 ◽  
Vol 9 ◽  
Author(s):  
Dexuan Li ◽  
Wensheng Dai ◽  
Weimin Guan
Keyword(s):  
Unit Root Test ◽  
Wald Test ◽  
Short Term ◽  
New Era ◽  
Underdeveloped Countries ◽  
Emerging Industries ◽  
Different Types ◽  
Development Network ◽  
D Investment

The study investigates the influence of the COVID-19 on the rate of R&D investment and foreign exchange development of China's most important emerging industry firms. From 2010 to 2020, data were collected from 26 locations across China, focusing on seven different types of critical creating companies. To analyze the data, we have applied Fourier Increased Unit Root Test, Granger causality assessments test, Pattern Assessment test, Poisson pseudo most excellent probability (PPML) approach, Wald test, and Regression analysis test. The results of the tests reveal a clear underlying association among COVID-19 relates Chinese exports and imports. COVID-19's instant effects on imports and exports lack working capital have been calculated, but the short-term, medium-to-long-term products are composite and unidentified. The article result main results are following: (i) The COVID-19 impacts the R&D investment is main industries like as high-end equipment industry, new materials industry, and new-era data innovation. (ii) The COVID-19 highly affects the imports and exports development network of Chinese strategic emerging industries which emphasizes cross-industry grouping features. The study provides the guidance to the future researchers to focus on COVID-19 affects on the strategic emerging industries of developed and underdeveloped countries to determine of foreign direct investment inflow and unemployment growth rates.JEL: G20, O10, O40

scholarly journals Foreign Direct Investment Led Growth Hypothesis and Economic Development in Nigeria

2021 ◽  
Vol 2 (4) ◽  
pp. 376-393
Author(s):  
Ubong Edem Effiong ◽  
Nora Francis Inyang
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Unit Root Test ◽  
Secondary Data ◽  
Short Term ◽  
Causality Test ◽  
Bounds Test ◽  
Growth Hypothesis

This study was an inquiry into the nexus of the foreign-direct investment (FDI) led growth hypothesis, and how it translates into the development of the Nigerian economy as of 1970 – 2018. The study utilized secondary data from the ‘World Development Indicators’ which were analysed using the Bounds test for cointegration and the ‘autoregressive distributed lag (ARDL) approach to divulge both the short-term cum the long-term influence of foreign direct investment net inflow on ‘economic development’ of Nigeria. The Bounds test was conducted after the unit root test revealed that the variables were stationary at mixed order of level and first difference. The outcome of the ARDL Bounds test supported confirmation of long-term association among the variables. The ARDL short-run error correction showed that 14.62% of the instability in the model was corrected yearly. In the short-term, it was discovered that FDI wielded a deleterious and substantial weight on ‘economic development of Nigeria. Meanwhile, the long-term estimates indicated that FDI influenced economic development positively, though not in a significant manner. The Granger causality test supported the fact that FDI causes ‘economic development’ in Nigeria. Given this potential of FDI exerting a positive effect on ‘economic development’, the paper recommended that bottlenecks inherent in FDI influxes in the country should be removed so as to reap the fullest benefits of such inflows in Nigeria.

15. Democracies, Democratization, and Authoritarian Regimes

2020 ◽  
pp. 336-362
Author(s):  
Peter Ferdinand
Keyword(s):  
Economic Development ◽  
Recent Literature ◽  
Authoritarian Regimes ◽  
Short Term ◽  
National Crisis ◽  
Different Types ◽  
Types Of Democracy ◽  
The Face ◽  
Long Term Trends

This chapter focuses on democracies, democratization, and authoritarian regimes. It first considers the two main approaches to analysing the global rise of democracy over the last thirty years: first, long-term trends of modernization, and more specifically economic development, that create preconditions for democracy and opportunities for democratic entrepreneurs; and second, the sequences of more short-term events and actions of key actors at moments of national crisis that have precipitated a democratic transition — also known as ‘transitology’. The chapter proceeds by discussing the different types of democracy and the strategies used to measure democracy. It also reviews the more recent literature on authoritarian systems and why they persist. Finally, it examines the challenges that confront democracy in the face of authoritarian revival.

scholarly journals The Influence of the Knowledge-Based Network Structure Hole on Enterprise Innovation Performance: The Threshold Effect of R&D Investment Intensity

2020 ◽  
Vol 12 (15) ◽  
pp. 6155
Author(s):  
Jiajia Hao ◽  
Chunling Li ◽  
Runsen Yuan ◽  
Masood Ahmed ◽  
Muhammad Asif Khan ◽  
...  
Keyword(s):  
Network Structure ◽  
Positive Impact ◽  
Threshold Effect ◽  
Innovation Performance ◽  
Short Term ◽  
The Sustainable Development ◽  
Knowledge Based ◽  
D Investment ◽  
Positive Effect

The purpose of innovation is to consume fewer natural resources in order to create sustainable performance; therefore, innovation can ease the pressure of the ecological load and promote the sustainable development of the economy. Taking the 269 enterprises listed on the main board of the electronic information industry from 2010 to 2019 as samples, using the threshold panel data model, the nonlinear relationship between the knowledge-based network structure hole and the short-term and long-term innovation performance of the enterprises were studied, and the threshold effect of R&D investment intensity was discussed. When the R&D investment intensity is from 1.96% to 15.96%, the knowledge-based network structure hole has a significant positive impact on short-term innovation performance. When the R&D investment intensity is from 5.72% to 10.64%, the knowledge-based network structure hole has a significant positive effect on long-term innovation performance. Lower R&D investment intensity can make the knowledge-based network structure hole promote the increase of short term innovation performance, but to make the knowledge-based network structure hole have a positive impact on long term innovation performance, the R&D investment intensity should be increased by more than 5.72%. When R&D investment intensity is not higher than 15.96%, the knowledge-based network structure hole has a significant positive impact on short term innovation performance, but to make the knowledge-based network structure hole maintain the positive effect on long term innovation performance, R&D investment intensity should not exceed 10.64%. Therefore, enterprises should be guided to optimize the knowledge-based network structure according to the R&D investment intensity in order to improve the short term and long-term innovation performance of an enterprise. These research results can help enterprises to save resources and promote the sustainable development of the economy.

Integration of geological and seismological data in earthquakes occurrence models for Italy: towards a unified model for different forecast perspectives

2019 ◽  
Vol 219 (3) ◽  
pp. 2148-2164
Author(s):  
A M Lombardi
Keyword(s):  
Aftershock Sequence ◽  
Earthquake Forecasting ◽  
Short Term ◽  
Background Rate ◽  
Etas Model ◽  
Term Forecast ◽  
Earthquake Predictability ◽  
Background Seismicity ◽  
Different Types

SUMMARY The operational earthquake forecasting (OEF) is a procedure aimed at informing communities on how seismic hazard changes with time. This can help them live with seismicity and mitigate risk of destructive earthquakes. A successful short-term prediction scheme is not yet produced, but the search for it should not be abandoned. This requires more research on seismogenetic processes and, specifically, inclusion of any information about earthquakes in models, to improve forecast of future events, at any spatio-temporal-magnitude scale. The short- and long-term forecast perspectives of earthquake occurrence followed, up to now, separate paths, involving different data and peculiar models. But actually they are not so different and have common features, being parts of the same physical process. Research on earthquake predictability can help to search for a common path in different forecast perspectives. This study aims to improve the modelling of long-term features of seismicity inside the epidemic type aftershock sequence (ETAS) model, largely used for short-term forecast and OEF procedures. Specifically, a more comprehensive estimation of background seismicity rate inside the ETAS model is attempted, by merging different types of data (seismological instrumental, historical, geological), such that information on faults and on long-term seismicity integrates instrumental data, on which the ETAS models are generally set up. The main finding is that long-term historical seismicity and geological fault data improve the pseudo-prospective forecasts of independent seismicity. The study is divided in three parts. The first consists in models formulation and parameter estimation on recent seismicity of Italy. Specifically, two versions of ETAS model are compared: a ‘standard’, previously published, formulation, only based on instrumental seismicity, and a new version, integrating different types of data for background seismicity estimation. Secondly, a pseudo-prospective test is performed on independent seismicity, both to test the reliability of formulated models and to compare them, in order to identify the best version. Finally, a prospective forecast is made, to point out differences and similarities in predicting future seismicity between two models. This study must be considered in the context of its limitations; anyway, it proves, beyond argument, the usefulness of a more sophisticated estimation of background rate, inside short-term modelling of earthquakes.

Mean reverting leverage policy in China: theory and evidence from industrial and sectorial level unit root analysis

2018 ◽  
Vol 12 (3) ◽  
pp. 290-306 ◽  
Author(s):  
Ajid ur Rehman
Keyword(s):  
Capital Structure ◽  
Unit Root ◽  
Unit Root Test ◽  
Target Level ◽  
Short Term ◽  
Chinese Firms ◽  
Content Type ◽  
Leverage Ratio ◽  
Stationary Behavior

Purpose This study aims to apply unit root test to investigate the behavior of Chinese firms toward their leverage policy. The study is based on two influential and competing theories of capital structure. Design/methodology/approach This study applies unit root test to investigate the behavior of Chinese firms toward their leverage policy. The study is based on two influential and competing theories of capital structure. Trade off theory advocates that firms have a target level of leverage ratio and that firms try to achieve that optimal leverage ratio, whereas pecking order theory argues that firms have no target level of leverage and that they follow a specific pattern of leverage. For this purpose, this study applies a Fisher type unit root test to 12,808 firm level observations. The data are unbalanced and cover a period from 1991 to 2014. Findings The results reveal the presence of a stationary behavior across short-term, long-term and total leverage policies. For short-term leverage policy, 21 per cent firms show stationary behavior, while for long-term, 20 per cent show a targeting behavior; for the total leverage policy 17 per cent of firms are found to follow a tradeoff model. To make the findings more interesting sample was further classified into profit and loss making firms. The study finds that loss making firms do not follow a target level of leverage in China. Furthermore, unit root is applied to all firms before and after crises-2008. It is revealed that stationary behavior is more prevalent before crises-2008. Originality/value This study is highly important from the point of view that it quantifies firms into distinct categories of following specific model of capital structure. To the best of the author’s knowledge, the findings of this study add to current research knowledge about Chinese firms with respect to adjustment behavior toward a target capital structure.

Simple Techniques for Monitoring Footpath Erosion in Mountain Areas of North-West England

1977 ◽  
Vol 4 (2) ◽  
pp. 145-148 ◽  
Author(s):  
Rosalind A. Coleman
Keyword(s):  
Aerial Photography ◽  
Technical Expertise ◽  
Short Term ◽  
Mountain Areas ◽  
North West ◽  
Different Types ◽  
Different Seasons ◽  
One Year ◽  
Site Types

Very precise measurements of the movement of coarse-textured, unconsolidated materials may be meaningless. Therefore the study of individual processes operating on footpaths may require a different approach. However, for identification of changes of reasonable dimensions, methods such as those described above are inexpensive, quick, and require no technical expertise. It may be argued that, for path management, erosion that is too limited to be measured by these methods is too limited to be a problem. It can certainly be argued that the problem of spatial correlation implies a large number of measurements. What is lost in lack of precision may be more than compensated for by the gain in data from the larger area and wider variation in site-types that it is possible to monitor with such simple techniques.To monitor the effects of recreation in mountain areas, it is desirable to be able to measure any change in path-state and relate this to recreation factors at different seasons and under different sit; -conditions. Three methods of measurement have been considered in this paper, corresponding to three time-scales. Aerial photography has been used to demonstrate trends over the long term, and has proved adequate to differentiate between path sections with differing resistance to erosion.Short-term measurement has been carried out relative to known fixed positions. Two methods are suggested. One is less precise, but simple and widely applicable, and can be used for measurement intervals of six months to one year. The other is more detailed and can be used for measurement intervals of a few days, but is limited in its application by practical considerations.It is suggested that simple techniques used at a large number of different types of site may be more effective than detailed measurements at a few sites.

scholarly journals Terrorism as a type of political communication: The use of propaganda of the deed in hegemonic struggles

2020 ◽  
Vol 72 (4) ◽  
pp. 709-732
Author(s):  
Filip Otovic-Visnjic
Keyword(s):  
Political Communication ◽  
Communication Strategies ◽  
Important Goal ◽  
Short Term ◽  
Cultural Approach ◽  
Different Types ◽  
Theoretical Conception ◽  
Terrorist Acts ◽  
Efficient Realization

The paper focuses on the communicological dimension of the terrorist act, starting from the position that the violence is used to convey various messages in a non-verbal way. Throughout the research into the propaganda of the deed, the technique on which communicational tactics of terrorists are mostly based, the author seeks to examine extensive ranges of communication strategies used by insurgent groups against dominant hegemony. By combining the elements of Jacques Ellul's theoretical conception of propaganda along with the cultural approach in the interpretation of mechanisms in which hegemony operates, the author refutes perspectives that deny rebellions? possibilities for efficient realization of their propaganda goals by using acts of violence. The author?s conclusion is based on three arguments. Firstly, for modern propaganda, provoking the behavior of the audience (ortopraxie) is a more important goal than influencing its attitudes (orthodoxy). Secondly, it is possible to notice elements in the pre-propaganda field, which evade hegemonic control, due to the contradiction between ideological narratives and the real structure, and which insurgent propaganda may utilize. Lastly - by means of terrorist acts, their performers address different types of audiences with different goals simultaneously. The author concludes that the efficiency of propaganda can be manifested in two manners: in the short term - when an act of violence represents a direct ?trigger? for the desired behavior of the audience; in the long term - by including the act and provoked behavior in the network of memories, which becomes an element of pre-propaganda that can be referred to in the future.

scholarly journals The Impact of R&D Expenditures on Corporate Performance: Evidence from Slovenian and World R&D Companies

2020 ◽  
Vol 12 (5) ◽  
pp. 1943
Author(s):  
Dejan Ravšelj ◽  
Aleksander Aristovnik
Keyword(s):  
Corporate Performance ◽  
Value Added ◽  
Global Competition ◽  
Short Term ◽  
Business Operations ◽  
The Impact ◽  
D Investment ◽  
Practical Implications ◽  
Value Added Products

Research and development (R&D) investment is widely recognised as one of the crucial elements of generating the competitive advantage of contemporary companies. At the same time, it is also considered to represent one of the key determinants of overall sustainable development. Global competition, which is becoming increasingly harsh and forces companies to provide value-added products, processes and services, constitutes a reason why R&D investment is indispensable in contemporary business operations as they facilitate keeping the companies’ position in the market in terms of their competitiveness. The main aim of this paper is therefore to examine the impact of R&D expenditures on corporate performance. Using a multiple regression analysis, two different panel datasets covering Slovenian and world R&D companies are analysed. This gives a unique opportunity to obtain comprehensive and interesting findings, representing the main originality and value of the paper. The empirical results reveal that R&D expenditures are not effective in the short-term period and bring certain benefits in the long-term period. The findings of this paper provide several important theoretical and practical implications.

Hot Mix Asphalt Rubber Applications in Virginia

1996 ◽  
Vol 1530 (1) ◽  
pp. 18-24 ◽  
Author(s):  
G. W. Maupin
Keyword(s):  
Department Of Transportation ◽  
Short Term ◽  
Ground Tire Rubber ◽  
Asphalt Rubber ◽  
Evaluation Time ◽  
Different Types ◽  
Virginia Department ◽  
Long Term Performance ◽  
Term Performance

Four test sections using asphalt rubber hot mix were placed in Virginia from 1990 to 1993. These installations were to familiarize contractors and Virginia Department of Transportation personnel with the construction process and compare the performance of different types of mixes containing ground tire rubber. The MacDonald and Rouse wet processes were used successfully. Dense graded surface mixes, a gap-graded surface mix, and a base mix were manufactured. A stress-absorbing membrane interlayer was also used on one project in an attempt to deter or eliminate various types of cracking. The asphalt rubber mixes have performed as well as the conventional mixes over the short term. More evaluation time is needed to determine if long-term performance of the asphalt rubber mixes is superior to conventional mixes. The asphalt rubber mixes cost 64 to 102 percent more than conventional mixes. This cost would probably decrease if substantial quantities were placed.

Ethical Values Reassessed: Rethinking the Covid19 Pandemic First Triage Guidelines

2021 ◽  
Vol 66 (Special Issue) ◽  
pp. 89-89
Author(s):  
Sabine Hauser ◽  
◽  
Rouven Porz ◽  
Maria Aluaș ◽  
◽  
...  
Keyword(s):  
Public Health ◽  
Health Professionals ◽  
Point Of View ◽  
Ethical Values ◽  
Short Term ◽  
Political Values ◽  
Meta Level ◽  
Different Types ◽  
The Difference

"In March 2020, many countries in commissions and medical societies moved very quickly to draft fair and transparent triage guidelines; this in order to plan ahead for possible resource bottlenecks in the treatment of COVID-19 patients in intensive care units. There are a lot of consciously chosen (but also less reflected) ethical values in these guidelines. Our presentation compares the values of eight of such guidelines, but first shows how to read such values in the first place. Many health professionals are hardly aware of the explicit presentation of ethical-philosophical values. From a methodological point of view, this presentation is based on a hermeneutic-ethical approach. The guidelines are interpreted, an interpretation aid is developed, and the values of the guidelines are reconsidered in comparison. On a meta-level, we could identify different types of values, besides medical and ethical values, the guidelines were also filled with procedural, structural and legal-political values. On a content level, the unreflective handling of the value of autonomy, which often competes with the value of public health, is particularly evident. This competition is little reflected. Another point of divergence between the guidelines is the degree of precision or the difference between long-term and short-term medical prognosis. We believe that with our analysis we can contribute to making value discussions in health care more open and explicit. We would like to present these conclusions for discussion at this year’s EACME conference in Cluj. "

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