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半参数空间滞后分位数回归模型的贝叶斯估计及应用
期刊论文 | 2024 , 44 (10) , 3346-3361 | 系统工程理论与实践
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Abstract :

文章提出一类半参数空间滞后分位数回归模型,该模型能够同时考察因变量的空间相关性和影响机制的部分非线性,且可以在任意分位点对响应函数分别建模.其次,文章构建了模型的贝叶斯估计方法,在贝叶斯理论框架的构建中,文章利用多项式样条拟合未知非参函数,并结合可逆跳MCMC算法、随机游动Metropolis抽样器以及Gibbs抽样技术来对所有参数进行抽样,然后利用数值模拟方法和应用实例考察参数估计精度、未知函数拟合效果以及实际应用效果.结果发现,在两种不同空间数据结构以及多种不同样本量设置下,三个不同分位点上参数估计值的精度较高,非参部分未知函数的拟合效果良好,应用实例也展示了理论方法的实际应用价值.本文的研究结果证实了所提出的模型及其理论方法可以为同时存在线性关系与非线性关系,以及具有厚尾和空间相依特征的变量和数据提供有力的分析工具.

Keyword :

分位数回归 分位数回归 半参数 半参数 空间滞后模型 空间滞后模型 贝叶斯估计 贝叶斯估计

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GB/T 7714 方丽婷 , 李坤明 . 半参数空间滞后分位数回归模型的贝叶斯估计及应用 [J]. | 系统工程理论与实践 , 2024 , 44 (10) : 3346-3361 .
MLA 方丽婷 等. "半参数空间滞后分位数回归模型的贝叶斯估计及应用" . | 系统工程理论与实践 44 . 10 (2024) : 3346-3361 .
APA 方丽婷 , 李坤明 . 半参数空间滞后分位数回归模型的贝叶斯估计及应用 . | 系统工程理论与实践 , 2024 , 44 (10) , 3346-3361 .
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Corporate digitalization and green innovation: Evidence from textual analysis of firm annual reports and corporate green patent data in China SSCI
期刊论文 | 2024 , 33 (5) , 3936-3964 | BUSINESS STRATEGY AND THE ENVIRONMENT
WoS CC Cited Count: 11
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We investigate the effect of corporate digitalization capabilities on green innovation among Chinese-listed firms. Using a panel dataset of 2908 companies from 2011 to 2020, we use textual analysis and entropy weighting on corporate annual reports to construct a yearly corporate digitalization index. Our findings show that corporate digitalization promotes green innovation, as evidenced by patent applications and grants. This relationship is stronger for firms with fewer financial constraints and in provinces with strong intellectual property protection. We also find the national digital policy of the "Internet Plus" strategy has a stronger positive effect on corporate green innovation for corporations with a higher degree of digitalization. Our results are robust to various alternative measures, econometric models, and different samples.

Keyword :

corporate digitalization corporate digitalization financing constraints financing constraints green innovation green innovation green patent applications and grants green patent applications and grants local intellectual property protection local intellectual property protection

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GB/T 7714 Fang, Liting , Li, Zhaohua . Corporate digitalization and green innovation: Evidence from textual analysis of firm annual reports and corporate green patent data in China [J]. | BUSINESS STRATEGY AND THE ENVIRONMENT , 2024 , 33 (5) : 3936-3964 .
MLA Fang, Liting 等. "Corporate digitalization and green innovation: Evidence from textual analysis of firm annual reports and corporate green patent data in China" . | BUSINESS STRATEGY AND THE ENVIRONMENT 33 . 5 (2024) : 3936-3964 .
APA Fang, Liting , Li, Zhaohua . Corporate digitalization and green innovation: Evidence from textual analysis of firm annual reports and corporate green patent data in China . | BUSINESS STRATEGY AND THE ENVIRONMENT , 2024 , 33 (5) , 3936-3964 .
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Bayesian Estimation of the Semiparametric Spatial Lag Model Scopus
期刊论文 | 2024 , 12 (14) | Mathematics
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This paper proposes a semiparametric spatial lag model and develops a Bayesian estimation method for this model. In the estimation of the model, the paper combines Reversible Jump Markov Chain Monte Carlo (RJMCMC) algorithm, random walk Metropolis sampler, and Gibbs sampling techniques to sample all the parameters. The paper conducts numerical simulations to validate the proposed Bayesian estimation theory using a numerical example. The simulation results demonstrate satisfactory estimation performance of the parameter part and the fitting performance of the nonparametric function under different spatial weight matrix settings. Furthermore, the paper applies the constructed model and its estimation method to an empirical study on the relationship between economic growth and carbon emissions in China, illustrating the practical application value of the theoretical results. © 2024 by the authors.

Keyword :

Bayesian estimation Bayesian estimation polynomial spline polynomial spline RJMCMC RJMCMC semiparametric spatial lag model semiparametric spatial lag model

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GB/T 7714 Li, K. , Fang, L. . Bayesian Estimation of the Semiparametric Spatial Lag Model [J]. | Mathematics , 2024 , 12 (14) .
MLA Li, K. 等. "Bayesian Estimation of the Semiparametric Spatial Lag Model" . | Mathematics 12 . 14 (2024) .
APA Li, K. , Fang, L. . Bayesian Estimation of the Semiparametric Spatial Lag Model . | Mathematics , 2024 , 12 (14) .
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数字经济背景下高校教育教学创新的区域协同效应研究
期刊论文 | 2024 , (6) , 9-19 | 高等理科教育
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Abstract :

文章基于2011-2021年中国高校教育教学创新及数字经济的统计数据,首先探究了数字经济发展对高校教育教学创新的区域协同效应,然后从人力资本和交易成本入手,深入分析数字经济发展对高校教育教学创新的调节效应.结果表明,数字经济促进了高校教育教学创新水平,且高校教育教学创新存在显著的空间依赖性.文章最后从3个方面提出对策和建议.该项研究在促进高校教育教学创新以及评估数字经济政策效果方面具有重要意义.

Keyword :

人力资本 人力资本 数字经济 数字经济 空间计量分析 空间计量分析 高校教育教学创新 高校教育教学创新

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GB/T 7714 方丽婷 , 李坤明 . 数字经济背景下高校教育教学创新的区域协同效应研究 [J]. | 高等理科教育 , 2024 , (6) : 9-19 .
MLA 方丽婷 等. "数字经济背景下高校教育教学创新的区域协同效应研究" . | 高等理科教育 6 (2024) : 9-19 .
APA 方丽婷 , 李坤明 . 数字经济背景下高校教育教学创新的区域协同效应研究 . | 高等理科教育 , 2024 , (6) , 9-19 .
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A supplier selection method based on cobweb similarity and prospect theory for prefabricated components SCIE
期刊论文 | 2024 , 46 (2) , 4467-4479 | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS
WoS CC Cited Count: 1
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Abstract :

Selecting suppliers for prefabricated components (PCs) involves a complex decision-making process, frequently relying on ambiguous information and subjective judgment. However, most existing methods use precise values to portray indicator information and overlook the uncertainty of weights and the subjective preferences of decision-makers (DMs). In order to address these limits, this paper proposes a novel approach to select suppliers of PCs. Initially, an evaluation index system for suppliers is established through literature analysis and a questionnaire survey. The system comprises six layers: product quality, price, service level, comprehensive ability, supply ability, and environmental sustainability. The group decision matrix is then constructed using the set-valued statistical method and the prospect theory. The index weights are determined by a combination weighting method. Next, the cobweb model is introduced to analyze the disparity between the alternative and ideal solutions, describing their similarities in terms of area and shape. Lastly, cobweb similarity is employed instead of comprehensive distance, combined with the minimum sum of squares criterion, to improve the closeness algorithm and contrast the alternatives. The results demonstrate that this method facilitates a comprehensive evaluation of the benefits and drawbacks of various alternatives from diverse perspectives. Furthermore, it allows flexible adjustments based on the risk preferences of DMs, ensuring accurate and reliable decision results.

Keyword :

cobweb model cobweb model cobweb similarity cobweb similarity prospect theory prospect theory risk preference risk preference Select suppliers Select suppliers

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GB/T 7714 Zhang, Xiang , Huang, Jianhua , Fang, Liting et al. A supplier selection method based on cobweb similarity and prospect theory for prefabricated components [J]. | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS , 2024 , 46 (2) : 4467-4479 .
MLA Zhang, Xiang et al. "A supplier selection method based on cobweb similarity and prospect theory for prefabricated components" . | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS 46 . 2 (2024) : 4467-4479 .
APA Zhang, Xiang , Huang, Jianhua , Fang, Liting , Li, Qian . A supplier selection method based on cobweb similarity and prospect theory for prefabricated components . | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS , 2024 , 46 (2) , 4467-4479 .
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碳交易试点政策对地区产业结构升级的影响研究
期刊论文 | 2024 , 7 (03) , 1-16 | 当代金融研究
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碳交易试点政策是中国经济实现低碳转型的重要举措。基于2007-2021年30个省份的面板数据,运用多时点DID和连续DID相结合的方法,实证研究碳交易市场对地区产业结构升级的影响。研究表明:碳交易试点政策可以正向影响地区产业结构升级,且碳价格的提高显著地促进了地区产业结构升级。异质性分析发现,对于东部和中部地区,碳价格对地区结构高度化的提升有明显的促进作用,但是对西部地区的影响效果不显著。机制分析发现,碳价格可通过提高研发强度间接促进产业结构升级。基于以上结论,提出相关建议:一是进一步推进全国碳交易市场建设,推动全国和地区碳交易市场健康有效地运行;二是合理控制碳配额数量,扩大行业覆盖面,增加主体多样性,同时丰富市场交易产品;三是完善碳市场内部运行机制,提高市场运行质量;四是加强对碳减排技术的支持,增强企业合作的多元性,提高企业核心竞争力。

Keyword :

产业结构 产业结构 优化升级 优化升级 碳交易市场 碳交易市场 碳价格 碳价格

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GB/T 7714 方丽婷 , 张芳芳 . 碳交易试点政策对地区产业结构升级的影响研究 [J]. | 当代金融研究 , 2024 , 7 (03) : 1-16 .
MLA 方丽婷 et al. "碳交易试点政策对地区产业结构升级的影响研究" . | 当代金融研究 7 . 03 (2024) : 1-16 .
APA 方丽婷 , 张芳芳 . 碳交易试点政策对地区产业结构升级的影响研究 . | 当代金融研究 , 2024 , 7 (03) , 1-16 .
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Can ESG Performance Alleviate the Constraints of Green Financing for Chinese Enterprises: Empirical Evidence from China's A-Share Manufacturing Companies SCIE SSCI
期刊论文 | 2023 , 15 (14) | SUSTAINABILITY
WoS CC Cited Count: 2
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Abstract :

In recent years, the model of extensive economic development at the expense of the ecological environment has been gradually abandoned by all countries in the world. Green economic transformation has become the basic consensus of societies worldwide. Capital is the blood of enterprise development. The rapid development of the green economy with the goal of supporting the green transformation of the economy has increased the financing pressure of enterprises caused by pollution. This paper explores the internal relationship between corporate green behavior decision-making and corporate green financing constraints from a micro perspective. Based on the data of China's A-share manufacturing industry from 2011 to 2019, this paper examines the impact of corporate ESG performance on the green financing constraints for it. The empirical results show that the listed companies face greater green financing constraints at present. The overall performance of corporate ESG is conducive to easing corporate green financing constraints, but the role of ESG sub-performance is limited. At the same time, there are regional and scale differences in the mitigation effect of the performance of corporate ESGs on green financing constraints. Finally, this paper puts forward policy suggestions on how to promote the alleviation of corporate green financing constraints. Namely: (1) enterprises should improve themselves by improving technological innovation and utilization rate to meet the requirements of green development; and (2) relevant institutions shall formulate appropriate policies and conduct reasonable supervision according to the differentiated requirements of enterprises with different characteristics in different regions.

Keyword :

enterprise ESG performance enterprise ESG performance financing constraint financing constraint green economy green economy

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GB/T 7714 Li, Kunming , Huang, Linxing , Zhang, Jinshan et al. Can ESG Performance Alleviate the Constraints of Green Financing for Chinese Enterprises: Empirical Evidence from China's A-Share Manufacturing Companies [J]. | SUSTAINABILITY , 2023 , 15 (14) .
MLA Li, Kunming et al. "Can ESG Performance Alleviate the Constraints of Green Financing for Chinese Enterprises: Empirical Evidence from China's A-Share Manufacturing Companies" . | SUSTAINABILITY 15 . 14 (2023) .
APA Li, Kunming , Huang, Linxing , Zhang, Jinshan , Huang, Zhencheng , Fang, Liting . Can ESG Performance Alleviate the Constraints of Green Financing for Chinese Enterprises: Empirical Evidence from China's A-Share Manufacturing Companies . | SUSTAINABILITY , 2023 , 15 (14) .
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杠杆率、融资约束与企业投资
期刊论文 | 2023 , 37 (03) , 24-38 | 福州大学学报(哲学社会科学版)
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在去杠杆的大背景下,企业融资约束日益趋紧,维持住企业投资对国民经济发展意义重大。基于2009—2021年我国A股非金融类上市公司数据,运用线性回归和非线性回归方法探究企业杠杆率和融资约束的存在对其投资水平的影响机理及效应。研究发现:杠杆率与企业投资水平之间具有非线性影响关系,低杠杆对投资水平的影响不明确,而高杠杆会显著抑制投资水平的增长。融资约束的存在会显著限制企业投资水平的增长。融资约束的存在会弱化杠杆率和投资水平的负相关关系,这种弱化现象在低杠杆率企业中最明显。杠杆率和融资约束对企业投资的影响具有显著的行业和经济类型异质性,相对于非制造业而言,制造业企业的杠杆率和融资约束对其投资的负向影响程度更大,融资约束对这种负相关关系的弱化作用也更加明显;相对于非国有企业而言,国有企业中杠杆率和融资约束对企业投资的负向影响程度更大,但融资约束对这种负相关关系的弱化作用并没有非国有企业明显。有鉴于此,在去杠杆的过程中应注重优化杠杆结构,警惕连锁反应。

Keyword :

企业投资 企业投资 杠杆率 杠杆率 融资约束 融资约束

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GB/T 7714 方丽婷 , 陈宇晴 . 杠杆率、融资约束与企业投资 [J]. | 福州大学学报(哲学社会科学版) , 2023 , 37 (03) : 24-38 .
MLA 方丽婷 et al. "杠杆率、融资约束与企业投资" . | 福州大学学报(哲学社会科学版) 37 . 03 (2023) : 24-38 .
APA 方丽婷 , 陈宇晴 . 杠杆率、融资约束与企业投资 . | 福州大学学报(哲学社会科学版) , 2023 , 37 (03) , 24-38 .
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Tax policy reform and corporate innovation in China SSCI
期刊论文 | 2023 , 55 | FINANCE RESEARCH LETTERS
WoS CC Cited Count: 9
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Keyword :

China China Corporate innovation Corporate innovation D investment D investment R & amp R & amp Tax policy reform Tax policy reform

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GB/T 7714 He, Lerong , Jiang, Xiaozhen , Fang, Liting . Tax policy reform and corporate innovation in China [J]. | FINANCE RESEARCH LETTERS , 2023 , 55 .
MLA He, Lerong et al. "Tax policy reform and corporate innovation in China" . | FINANCE RESEARCH LETTERS 55 (2023) .
APA He, Lerong , Jiang, Xiaozhen , Fang, Liting . Tax policy reform and corporate innovation in China . | FINANCE RESEARCH LETTERS , 2023 , 55 .
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The role of China's carbon emission trading system in economic decarbonization: Evidence from Chinese prefecture-level cities SCIE
期刊论文 | 2023 , 10 (1) | HELIYON
WoS CC Cited Count: 10
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Based on the panel data from 283 prefecture-level cities in China between 2009 and 2019, this study examines the impact of China's carbon emissions trading system on reducing carbon emissions and its mechanisms, using the PSM-DID method. The findings demonstrate that the carbon emissions trading system can effectively decrease the total carbon emissions in pilot cities in China, and has a positive spatial spillover effect on neighboring cities of the pilot areas. The carbon emission trading system primarily reduces carbon emission by incentivizing businesses to implement eco-friendly practices and improve the industrial structure of pilot cities. Increased financial marketisation can promote the carbon emission reduction effects of the trading system. The impact of the carbon emission trading system on old industrial base cities and inland cities is more significant than those on non-old industrial base cities and coastal cities.

Keyword :

Carbon emission reduction Carbon emission reduction Carbon emission trading system Carbon emission trading system Prefecture -level cities in China Prefecture -level cities in China

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GB/T 7714 Li, Kunming , Luo, Zhijie , Hong, Ling et al. The role of China's carbon emission trading system in economic decarbonization: Evidence from Chinese prefecture-level cities [J]. | HELIYON , 2023 , 10 (1) .
MLA Li, Kunming et al. "The role of China's carbon emission trading system in economic decarbonization: Evidence from Chinese prefecture-level cities" . | HELIYON 10 . 1 (2023) .
APA Li, Kunming , Luo, Zhijie , Hong, Ling , Wen, Jianhua , Fang, Liting . The role of China's carbon emission trading system in economic decarbonization: Evidence from Chinese prefecture-level cities . | HELIYON , 2023 , 10 (1) .
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