scholarly journals FinTech and Sustainable Development: Evidence from China based on P2P Data

2019 ◽  
Vol 11 (22) ◽  
pp. 6434 ◽  
Author(s):  
Deng ◽  
Huang ◽  
Cheng

In the current international context, the ways in which financial technology (FinTech) affects sustainable development need to be urgently identified. However, relevant studies are rare and there is no consensus on the optimal indicator system for sustainable development. Therefore, this study proposes an indicator system to evaluate sustainability and conducts in-depth analysis of the relationship between FinTech and sustainable development based on data of peer-to-peer platforms (P2P) in 31 Chinese provinces. The empirical results show the existence of a U-shaped relationship between FinTech and sustainable development, mainly determined by the pattern of extensive economic growth. Furthermore, heterogeneity analysis indicates that there are significant regional differences in its impact on sustainable development, being significant in China’s eastern and central regions and insignificant in the western region; moreover, the impact on the central region is significantly higher than that on the eastern region. Our research not only has strong practical significance but also contributes significantly to the literature on FinTech and sustainable development.

2021 ◽  
pp. 135481662110091
Author(s):  
Zhoufei Li ◽  
Huiyue Liu

The agglomeration of the tourism industry has important effects on its efficiency. This article used panel data on the Chinese provincial tourism industry for the 2011–2016 period, applied the location quotient index and three-stage data envelopment analysis method to, respectively, measure the degree of agglomeration and efficiency, and explained the impact of agglomeration on tourism efficiency. The empirical results of this study indicate the following. (1) China’s tourism industry shows a trend towards agglomeration, revealing gradient differences where the highest degree of agglomeration is in the eastern region, followed by the western and central regions. (2) After eliminating random and environmental factors, the adjusted efficiencies are lower than the unadjusted efficiencies. The average overall tourism efficiency is higher in the eastern region than in the central and western regions. (3) From the national perspective, industrial agglomeration can significantly improve the overall efficiency (TE), pure technical efficiency (PTE), and scale efficiency of the tourism industry. (4) Based on regional analysis, the agglomeration of the eastern tourism industry can significantly enhance its TE and PTE. Agglomeration for the western area has a significant positive impact on PTE. There is no significant relationship between agglomeration and efficiency in the central region.


2020 ◽  
pp. 201-220
Author(s):  
Sadife Çinkir

Women form half of the world's population, but the same cannot be said for their active participation in economic development. Sustainable, strong economies can be achieved through equally active involvement in the process by developing or keeping up to date the skills of individuals in society. This paper focuses on women's contribution to sustainable development as entrepreneurs through Lifelong Learning. The paper consists of two sections. The first section discusses the relationship between accessibility to digital age-appropriate education and sustainable development in Lifelong Learning. The second section is a good practice of the impact of the "Women First in Entrepreneurship" project on developing women's entrepreneurship. It covers the reasons for the project and its implementation process, outputs, and impact. To increase women's participation in the labor market as part of sustainable development in today's economy, the project, which began in 10 pilot provinces, is currently being implemented across Turkey. The project has been implemented under the coordination of the Turkish Directorate General for Lifelong Learning since 2015. The General Directorate of Lifelong Learning is the highest policymaking authority in Turkey to strengthen the adult education system.


Author(s):  
N. Kosyachenko ◽  
Marina Abramova ◽  
M. Lapina

Abstract. Aim. The study of the influence of crossbriding on the growth and development of heifers and subsequent productive and reproductive qualities of cows on the first lactation. Methods. Using statistical methods, correlation analysis and ANOVA for evaluated genetic indicators of economic-valuable traits of dairy cattle. In particular was studied live weight of heifers from birth to 18 months, first insemination age and first fecundation age, live weight at fecundation, frequency of insemination, first calving age, days open, live weight at first lactation, milk yield for 305 days (kg), fat (%, kg) and protein (%, kg) in milk. Results. Relationship between productive indicators and the genotype of the animal is established. When assessing the strength of the influence of the factor «blood on the Holstein breed» it was found that the greatest impact can be traced at the age of 6 and 18 months, and is respectively 12.7 % and 17.1 %.The reproductive qualities of the first-calf cows decreased with the increase percent of blood in the Holstein breed. Evaluation of the impact of crossbreeding on milk production at first lactation has revealed significant strong influence on milk yield for 305 days of first lactation, and related signs the amount of milk fat and protein. According to qualitative indicators, the low influence of the Holstein blood fraction was found, while to a greater extent on the fat content than on the protein content in milk. Evaluation of phenotypic and genotypic correlations of milk yield and quality components of milk revealed average negative phenotypic and low negative genotypic correlation in all groups. The exception was in heifers of Yaroslavl breed with percent of Holstein blood less than 50 %, in which the relationship of yield x protein was positive. The relationship between milk yield and fat and protein content in milk has the opposite moderate character and strength. Practical significance. Studies was established that breeding of animals of Holstein and Yaroslavl breeds in one herd allows to receive an optimum ratio of milk production with optimal percentage fat and protein. For this herd among animals of the improved genotypes of the Yaroslavl breed, the use of genotypes with a percent of blood in the Holstein breed from 75.1 % to 87.6 % is optimal, which should be taken into account when selecting bulls to the breeding program.


Religions ◽  
2020 ◽  
Vol 11 (7) ◽  
pp. 328 ◽  
Author(s):  
Pashaura Singh

This essay offers in-depth analysis of Guru Nanak’s works, collectively known as the Bābar-vāņī (“arrow-like utterances concerning Babur”), in the context of the memoirs of the first Mughal emperor Babur (1483–1530). It extends the number of works in the collection from a ‘fixed’ assemblage of ‘four’ to ‘nine,’ making it an open collection that dynamically responds to the specific questions raised by historians about Guru Nanak’s encounter with Babur. The resulting framework provides us with a fresh analytical gaze into the critical events related to Babur’s invasions of India and helps the novel readings of Guru Nanak’s verses shine through. It also examines how Guru Nanak’s voice of resistance was interpreted in the narratives produced by later generations. Departing from traditional views, the essay ends with a new understanding of the impact of the Bābar-vāṇī on the evolving Sikh conceptions of the relationship between spiritual and political powers.


Author(s):  
Xiang Deng ◽  
Li Li

Today, environmental protection has become a global issue, and various environmental regulations have been actively adopted. However, are these measures promoting or harming enterprise values? Is this effect the same for enterprises with different ownership backgrounds? In order to address these problems, we conducted an empirical analysis of China’s A-share market to investigate the relationship between the New Environmental Protection Law (NEPL) launched in China and corporate financial performance, and further explore the impact of environmental supervision intensity (ESI) from the perspective of ownership. The empirical results show that there is a negative correlation between NEPL and the financial performance of high pollution enterprises. Further analysis demonstrates that there is an inverted U-shape relationship between ESI and corporate financial performance for both state-owned enterprises (SOEs) and non-state-owned enterprises (non-SOEs), while the financial performance of SOEs is more sensitive and tolerant to environmental regulation than that of non-SOEs. Finally, we make recommendations for the future direction of China’s ecological civilization construction and sustainable development of enterprises based on three aspects: environmental awareness, policy considerations, and sustainable development. The innovation of this paper lies in putting NEPL and corporate financial performance in the same analytical framework for the first time, which enriches the research in this field. Meanwhile, it provides a new perspective for understanding the relationship between ESI and corporate financial performance through the analysis of nonlinearity and owner heterogeneity.


2020 ◽  
Vol 12 (7) ◽  
pp. 2712
Author(s):  
Yuqing Liao ◽  
Yongchao Ma ◽  
Jingliang Chen ◽  
Ruirui Liu

Based on the definition and implication of sustainable development, this paper first constructed an evaluation indicator system for the sustainable development level of provinces in China, and performed a scientific evaluation on the sustainable development level based on official statistics from 2012 to 2018 by using the improved Entropy Coefficient-TOPSIS (Technique for Order Preference by Similarity to an Ideal Solution) method. The evaluation results showed that the eastern region of China has the highest level of sustainable development, with its two municipalities directly under the central government, Beijing and Shanghai, achieving the full score of 1.0000 in all evaluations, both ranking first among all the provinces. There were significant differences in the level of sustainable development across provinces in the central region, which were comparatively weaker in terms of environmental sustainability and science and technology sustainability, with four provinces’ evaluation scores below 0.5000. The provinces of the western region had comparatively lower levels of sustainable development, with six of the provinces ranking among the bottom ten in the overall sustainability score. In the northeast region, Liaoning had the highest overall sustainable development level, ranking ninth in the country, with an evaluation score of 0.7726; however, there were large differences across the region, with the other two provinces ranking 19th and 21th, respectively, in the overall sustainability score. Based on the research findings, this paper has provided relevant policy recommendations for China to further improve the sustainable development level of various provinces in the future.


2020 ◽  
Vol 165 ◽  
pp. 01005
Author(s):  
Wenjiao Cai ◽  
Jianjun Wang

The sustainable development of the industrial enterprises in the Qaidam Circular Economy Pilot Zone must meet both the current needs and the future development, as well as the economic and ecological development, as well as the dual development of industrial enterprises and regions. For the industrial enterprises in the experimental area, in order to ensure sustainable development, their own strategies and efforts are very important, but in a policy-dependent area like Haixi Prefecture, the influencing factors of the objective environment are more important. The impact of sustainable development of HaiXi industrial enterprises is of great practical significance. Therefore, according to the subjectivity of Haixi Prefecture and the experimental area and the nature of industrial enterprises, the objective environmental factors are divided into four categories: regional development, regional material resources, regional greening, and regional security. In the end, it was concluded that industrial enterprises in the test area not only need to pay attention to the restraint of their sustainable development in terms of brain drain, energy consumption and environmental greening, but also continue to maintain the role of regional development and regional security in promoting their sustainable development.


2019 ◽  
Vol 11 (4) ◽  
pp. 1123 ◽  
Author(s):  
Silvius Stanciu ◽  
Monica Laura Zlati ◽  
Valentin Marian Antohi ◽  
Cezar Ionut Bichescu

This study aims at quantifying the degree of concentration of the traditional product market in Romania, and the sector’s productivity and the economic performance of the different categories of traditional products are assessed. This can highlight a correlation between the dynamics of traditional products and the regional development of the relevant markets in Romania. The second aim of this study is to analyze the relationship between the economic profitability of the traditional products and the sector’s sustainability. The third aim evaluates the relationship between the capital accumulations of specific companies and the evolution of their current assets. The information selected for the application was prospective (literature review, market observations, query, and data consolidation) and analytic revised (database analysis, hypothesis fixation, model conceptualization, model hypothesis testing, and conclusions to be drawn). The selected data were processed, aiming at developing a model for the sustainable development of the traditional products. The research information was collected based on the official registrations carried out between 2014 and 2018 by at the Ministry of Agriculture and Rural Development in Romania. During this period, Romania developed the National Traditional Product Registry (NTPR), which comprises a database of 647 traditional products. The assessment of economic performance was achieved through calculated performance test by a new proposed statistical model, named ZML. ZML suggests a market concentration analysis as an alternative to the Gini Struck method. The impact of the research consisted of an evaluation of the economic performance of traditional Romanian products in sustainable development terms.


Author(s):  
Vitaliy Omelyanenko ◽  

The huge potential of innovations to achieve the goals of sustainable development is indisputable, but at the same time the task of orienting the innovation process to its most problematic areas, which is a threat to national security, arises. This issue is relevant in the context of the formation of mechanisms of interaction between the state, business and society and is an urgent scientific and practical problem. Based on the above, the purpose of the study is to analyze the main components of innovation development strategies in the framework of national strategies for sustainable development. In the study, the author improved the scheme of the relationship between development and security, which is focused on achieving development and security goals through appropriate innovation policies and development management. Taking into account the importance of innovative development, as well as the national characteristics of the relationship between it and the goals of sustainable development, a practical approach to the coherence of innovation policy for sustainable development is proposed. It is determined that for the implementation of the coherence of innovation policy for sustainable development, an analytical component is important, which will link the goals of sustainable development and indicators of the innovation system as the basis for their achievement. To determine the impact of innovative development on the sustainable development of Ukraine, the impact of the indicator of goal 9 on the other 16 goals is determined. The components of the national system «sustainable development – security» are identified and evaluated on the basis of Sustainable Development Report 2019. As prospects for using the developed methodology of institutional innovation (creating institutional conditions for innovative priorities of sustainable development) it is proposed to consider it in the context of achieving sustainable goals development (systematic integration of economic, social and environmental aspects of sustainable development) at the regional level.


2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Hao Wang ◽  
Yanan Jin ◽  
Xin Tan

Transnational power grid interconnection is an important measure to promote the construction of energy Internet. It can meet the global power demand in a clean and green way, promote the UN’s concept of “sustainable energy,” and tackle climate changes. But, transnational power grid projects face many complex and variable risks due to their complex background and lacking experience. According to the characteristics of transnational power grid interconnection projects, a risk assessment index system including 10 indexes such as national relation, public participation, and available transmission capacity is constructed. Then, in order to overcome the shortcomings of traditional risk assessment methods, this paper proposes a risk assessment method combined with risk theory and probabilistic model, which can not only consider the uncertainties but also integrate the probability of accidents with consequences. Therefore, it can effectively assess the transnational power grid interconnection projects under diversified risks. In addition, in order to further magnify the impact of higher risks on such projects, a method combining traditional weighting method with the variable weight theory is proposed. The study in this paper provides certain guidance and decision-making support for different participants such as the government power sector, construction enterprises, and investment enterprises when they launch on sustainable development of the transnational project business, which have obvious practical significance.


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