Li, Jia Wang, Ping Tao, Xiangyang Wen, Yao
Published in
Journal of Systems Science and Information
Mergers and acquisitions (M&A) are important parts of banking reform, which can increase the synergies and reduce the costs of the banks. To analyze the effect and importance of the M&A in the reform period, we measure the productivity change of China’s banks who completed M&A during 2004– 2018, by using a two-stage data envelopment analysis (DEA) ...
Chen, Ya Zhang, Xintian Liu, Haoxiang
Published in
Journal of Systems Science and Information
In recent years, China’s industrialization and urbanization have deepened, and the economy has grown considerably. But at the same time, they have also brought about many environmental problems. As a pillar of the national economy, the iron and steel (IS) industry is one of the most emitting and energy-consuming sub-sectors of the industrial sector...
Zhang, Mengwan Gao, Fengfeng Gao, Jialin Chen, Weiguo Lee, Chong Aik
Published in
Journal of Systems Science and Information
Based on China’s real estate investment (REI), commercial housing sales (CHS), and GDP data from 2001 to 2020, we studied the dependence, asymmetry, and transmission direction of China’s real estate and economy. Their cross-correlation is demonstrated through the deep cross-correlation analysis (DCCA) algorithm, multifractal asymmetric detrended cr...
Ma, Hewen Geng, Baoxia Fu, Yingxiong Sun, Yi Sun, Zhao
Published in
Journal of Systems Science and Information
China is a country with the most water consumption, so it is lack of water resources. Industry has brought serious water pollution while driving economic development, which leads to the destruction of ecological environment. With the improvement of environmental awareness, many scholars have shifted their research direction to how to improve the ec...
Wang, Ligang Zhang, Qi Wang, Lin Zhang, Xi
Published in
Journal of Systems Science and Information
The article selects the panel data of 289 prefecture-level and above cities in China from 2003 to 2017, establishes simultaneous equations and uses the 3SLS estimation method to study the relationship between air pollution and economic growth. On the whole, industrial sulfur dioxide and soot emissions have an inverted U-shaped relationship with per...
Xu, Linming Lu, Jincheng Li, Meijuan He, Lerong
Published in
Journal of Systems Science and Information
The economy of China has turned to the stage of high-quality development. In this sense, the connotation of regional innovation capacity should reflect more aspects, such as better economic effectiveness, people-centered philosophy of development and better living conditions. This study aims at establishing the evaluation index system of regional i...
Liu, Qing Zhang, Yanchao Li, Langxing Li, Shuaihang
Published in
Journal of Systems Science and Information
This paper develops a simple trade model of heterogeneous firms, which incorporates the dual heterogeneity of credit constraints at the firm and industry levels and reveals the effects of the interaction mechanisms of trade policy uncertainty and credit constraint heterogeneity on exporters’ behaviour. The model confirms that the higher the level o...
Wang, Lina Milis, Koen Poelmans, Stephan
Published in
Journal of Systems Science and Information
Pollution cost control is key to solve pollution problem. The paper takes pollution control cost of pollution control contract between management authority and pollutant discharge enterprise as research object, considers pollution control quality level, pollution control quality inspection and pollution control cost model, and establishes pollution...
Mao, Song Liu, Bin Shi, Yimin
Published in
Journal of Systems Science and Information
This paper investigates a simple step-stress accelerated lifetime test (SSALT) model for the inferential analysis of exponential competing risks data. A generalized type-I hybrid censoring scheme is employed to improve the efficiency and controllability of the test. Firstly, the MLEs for parameters are established based on the cumulative exposure m...
Xu, Shengxia Liu, Qiang Lu, Xiaoli
Published in
Journal of Systems Science and Information
We develop a statistical framework to use the data of night-time-lights (DN) from satellite to augment official GDP measures, and a non-linear substitution relationship between DN and GDP is given. In this paper, we take advantage of DN instead of GDP to measure the imbalance of regional development (IRD) in China by using the method of bi-dimensio...