Current Issue : January - March Volume : 2019 Issue Number : 1 Articles : 5 Articles
The principle aim of this applied research is to design and build up an Online\nProductivity Measuring and Analyzing System (OPMAS): Proof-of-Concept1 to\nmeasure and analyze the economic growth and its major sources; the multifactor\nproductivity and factor-intensity at the firm, sub-industry (ISC\n2-digit), and industry levels. Special features of this applied research are the\ninstantaneous productivity measuring and analyzing. In addition, it is developing\nan educational and training HUB for productivity awareness and improvements\nfor both researchers and organizations. Thus, the HUB comes\nwith a prompt measuring tools/models (OPMAS) of the economic performance;\nthe multifactor productivity and singly-factor productivity growth of\na firm using its one-year loss/profit statement or/and time series data. Besides\nto the hubâ??s prompt measuring of productivity, the firm will also be provided\nwith an instant-reporting about its economic performance in-compression to\nits related industry at two different levels (2-digit and i-digit ISC). For example,\na firm operating within Food and Beverages manufacturing industry, it\nwill be compared with the performances of the Food and Beverages manufacturing\nindustry 2-digit ISC and with the performance of the overall Manufacturing\nIndustry, D-ISC. Furthermore, a simulation model (Productivity\nAnalytics) for investigating the impact of various policies on the firmâ??s economic\nperformance could be proposed. The policies which they could be\nanalyzed including environmental regulations, import and export taxes, and\nthe provision of infrastructure....
With the opening of Chinaâ??s national gate, Chinaâ??s economy has entered a\nstage of rapid development, and the development of cross-border e-commerce\nis extremely strong, which has greatly impacted and affected the international\ntrade market. The article is organized as follows 3 parts: based on the summary\nof the new development trend of global e-commerce, this paper analyzes\nand studies the different aspects of how to conduct innovation in\ne-commerce according to Chinaâ??s national conditions and the status quo of\nChinaâ??s e-commerce trade, and finally obtains innovation research in China.\nThe new trend includes innovation of profit model, innovation of marketing\nmodel and innovation of supervision mode; Chinaâ??s e-commerce innovation\nis characterized by diversified development of profit model, and enhances\ncompetitiveness and marketing mode through integration of value-added\nservices with logistics and supply chain. Including B2C mode, direct supply\nmode, B2B mode and Amazon integration, B2B and B2C access, and the innovation\nof supervision mode should be the conclusion of the comprehensive\nmanagement of relevant ministries and commissions, joint management and\nunblocking of various functional departments....
The market refers to the S&P 500 index SPY, which is an important benchmark of US stock performance. The\nfollowing problem is of great interest: is there any trading system that can â??beatâ? the market consistently?\nProponents of the random walk hypothesis (RWH) and efficient market hypothesis (EMH) assert that stocks take an\nunpredictable path, and that it is impossible for a trader to outperform the overall market in the long run because\nstocks always trade at their fair values on stock exchanges. Therefore, the buy and hold (BH) investor has the best\nstrategy.\nThis paper showcases a website (GeometricWavelet.com) containing an explicit wavelet trading strategy (WT)\nthat â??beatsâ? the market consistently, contradicting the above assertion. The data set of SPY historical prices is used\nto show that WT â??beatsâ? the market. This data set is then fitted with a Geometric Brownian motion (GBM). Simulation\nshows that WT always outperforms the fitted GBM eventually and has larger risk adjusted returns. The numbers\ngenerated show that BHâ??s performance is far inferior to WTâ??s in the long run....
In this paper, based on the previous literature on reference prices, the definition,\nforms of expression and related theories and analysis of reference prices\nare summarized. Based on this analysis, it is concluded that the reference price\nformation of online consumers is related to their information search behavior.\nFinally, E-commerce companies make suggestions for online promotions....
Since their inception in 2006, the BRICS countries (Federative Republic of Brazil, the Russian Federation, the\nRepublic of India, the Peopleâ??s Republic of China and the Republic of South Africa) have been fully committed to the\nstrengthening and expansion of trade and investment ties between member states and the international world. However,\nit is important to empirically analyse whether the growth of these economies is driven by trade because the extensive\ntrade -growth studies have yielded mixed and inconclusive empirical results. Therefore, this study is an empirical\nattempt to investigate the relationship between trade openness and economic growth in the BRICS counties by utilizing\nthe Autoregressive Distributed Lag (ARDL) bounds test to cointegration and the Granger causality tests for the period\nfrom 1990 to 2017. The presence of a long run relationship between trade openness and economic growth is confirmed\nin this study. Evidence from the bounds test of cointegration indicate that there exists a bi-directional causality from trade\nopenness to economic growth in the BRICS countries. Furthermore, this study provides evidence of a unidirectional\ncausality between trade openness and output growth, particularly in the case of China....
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