Proceedings of the 2nd International Conference on Business and Policy Studies

Contents
Crew Scheduling Problem: Integer Optimization Using Set-Covering Model
1 Introduction
2 Background and Problem Set-up
3 Constraints
3.1 Regulatory Constraints
3.2 Temporal Constraints
4 Methodology
5 Formulation
5.1 Decision Variables
5.2 Set-partitioning Problem (SPP)
5.3 Set-Covering Problem (SCP)
5.4 Equations
6 Solve the Integer Program
7 Discussion and Conclusion
Appendix A:
Appendix B:
Appendix C:
References
Research on Business Management Based on New Retail Model: The Case of Yonghui Supermarket
1 Introduction
2 Analysis on Yonghui Supermarket’s Management
2.1 Supply Chain Management of Yonghui Supermarket
2.2 Cost Management of Yonghui Supermarket
2.3 Issues on Supply Chain Management and Cost Management
3 Recommendations
3.1 Reduce Inventory Backlog
3.2 Improve Enterprise Information Management
3.3 Improve Store Operation Efficiency
4 Conclusion
References
Supply Chain Management—A Case Study of Huawei’s Supply-Chain Chip Shortage
1 Introduction
2 Definition of Concepts
2.1 Automation
2.2 Blockchain
3 Role of Huawei’s Global Supply Chain in Supporting its Competitive Advantage
3.1 Reverse Logistics
3.2 Distribution Channels of Huawei
4 Future Challenges of Huawei’s Global Supply Chain and their Implications
5 Conclusion
References
The Effect of Manufacturing Employment Changes on County-Level Partisan Voting Shares in the US Presidential Elections: An IV Analysis
1 Introduction
1.1 Research Background
1.2 Research Motivation and Aim
2 Employment Change and Political Elections in the U.S.
3 Methodology
3.1 Empirical Approach
3.2 Data and Measurement
3.3 Data Analysis Method and Classification
4 Findings and Discussions
4.1 Findings
4.2 Discussions
5 Conclusion
Appendix
References
Research on the Regulation of Internet Finance in Shanghai
1 Introduction
2 Internet Finance Regulation in Shanghai
2.1 The Development of Internet Finance in Shanghai
2.2 Regulation of Internet Finance in Shanghai
3 Shanghai Internet Finance Regulatory Model
3.1 Implementing Sectoral Regulatory Responsibility
3.2 Creating a Unified Standard Data Regulatory Repository and Building an Orderly Network of Local Financial Institutions Platform
3.3 Implementing the “Double Random, One Public” Supervision Model
3.4 Promoting the Credit System of Market Players
3.5 Relying on the Free Trade Zone to Promote the Development of Internet Finance
4 Problems with the Regulation of Internet Finance in Shanghai
4.1 Regulatory Efficiency Needs to be Improved
4.2 Inadequate Regulatory System
4.3 Inadequate Risk Control System
4.4 Information Security Cannot be Guaranteed
5 Suggestions for Optimising the Regulation of Internet Finance in Shanghai
5.1 Strengthening Network Information Security Protection
5.2 Enhancing Information Disclosure
5.3 Improving Laws and Regulations Related to Internet Finance
5.4 Establishing a Sound Risk Assessment System
6 Conclusion
References
The Empirical Analysis of ESG Index and Enterprise Investment Value Based on Different Regions
1 Introduction
2 Literature Review
3 The Impact of ESG on the Business Operation within the Company
3.1 Data Sources and Processing
3.2 Variable Formulation
3.3 Model Building
3.4 Empirical Results
4 Design of Panel Data Based on Different Regions
4.1 Data Sources and Processing
4.2 Model Building for Panel Data
4.3 Empirical Results of the Relationship Between Firm Value and ESG Score in Different Regions
5 Conclusion
References
Inflation-Related Factors Enhanced LSTM-Based Multivariate Time Series for Stock Market Forecasting
1 Introduction and Motivation
2 Related Work
3 Data Analysis
4 Methodology
4.1 LSTM
4.2 LSTM Multivariate Time Series Stock Price Forecasting Model
5 Analysis of Results
5.1 Data Construction
5.2 Evaluation Methods
5.3 Experimental Setting
5.4 Experimental Results
5.5 SSE and Single Inflation Factor
5.6 SSE and Double Inflation Factor
5.7 SSE and Triple Inflation Factor
5.8 SSE and All Inflation Factors Combination
6 Conclusion
References
How does the Reputation of Venture Capital Impact on Financial Constraints?
1 Introduction
2 Hypothesis
2.1 Sustainable Investment Model
2.2 Venture Capital Reputation and Certification
2.3 Venture Capital Reputation and Agency Cost
3 Variables Selection and Model Design
3.1 Model and Variable Description
3.2 Financing Constraints (Dependent Variable)
3.3 High Reputation Venture Capital (Independent Variable)
4 Regression and Analysis
4.1 Basic Model
4.2 Robustness: Cash-Cashflow Model
4.3 Endogeneity
4.4 Mechanism
4.5 Further Research: Venture Capital Reputation and Capital Availability
5 Conclusions and Policy Recommendations
References
Sustainability in Chinese Investment: How Chinese Investors Perceive the Benefit and Liabilities of ESG Rating of New Ventures
1 Introduction
2 Theoretical Background
2.1 Sustainable Theory
2.2 Stakeholder Theory
2.3 Category Theory
2.4 ESG Facilitate Responsible Investing Development
3 Uncertainty Within the Early-Stage Entrepreneurial Investment Process
4 Examine how ESG has Begun to Shape Investment Decisions in the Separate Context of China and SMEs
5 Research Methodology
5.1 Sampling
5.2 Interview Questionnaire
6 Findings and Analysis
6.1 Data Coding
6.2 Findings Analysis
7 Discussion
7.1 From Benefits
7.2 From Liabilities
8 Limitation and Conclusion
References
Analysis and Research on Sri Lanka’s National Bankruptcy under the Superposition of Triple Backgrounds
1 Introduction
2 Literature Review
3 First Background: Unresolved Domestic Economic Problems
3.1 Civil War and Recession
3.2 A Tale of Two Deficits
4 Second Background: Three Policies Wrongly Implemented by the Government
4.1 A Series of Tax Cuts
4.2 Speed up Money Printing
4.3 A Bold Policy: Organic Farming
5 The Third Background: COVID-19 and Russian-Ukrainian War
6 Conclusion
References
Disputes Along the Belt and Road and How to Improve the Dispute Resolution System with Diversified Mechanisms
1 Introduction
2 The Existing Dispute Resolution Mechanisms in the Belt and Road and International Law
2.1 How Disputes are Resolved in the Belt and Road
2.2 Dispute Resolution Mechanisms in International Law: Not all are Available in the BRI
3 Inadequacies in the Existing Dispute Resolution System in the Belt and Road: Two Demonstrative Case Studies
3.1 Case Studies
4 A Possible Step Forward: A “United” Dispute Resolution System
5 Conclusion
References
The Impact of the US Sanctions Against Huawei's Mobile Phone Business Development
1 Introduction
2 Historical Development of Huawei
3 Methodology
4 Results
5 Huawei Corporate Structure
6 Huawei’s Market Match Policy
7 Discussion
8 Conclusion
References
Local Government Financing in China: Fiscal Fatigue and Debt Sustainability
1 Introduction
2 Preliminary Assessment of Local Government debt Risk – Index Method
3 An Empirical Analysis of Local Government Debt Sustainability in China
3.1 Local Government Debt Ceiling Estimates
3.2 Standard Calculation of Debt Ceiling and “Warning Line”
3.3 Prospective Analysis
4 Policy Suggestion
4.1 Fiscal Revenue Dimension
4.2 Fiscal Expenditure Dimension
4.3 Debt Risk Warning
5 Conclusion
References
The Impact of Health Education on the Health Status of Migrant Workers—An Empirical Analysis Based on CMDS (2018) Data
1 Introduction
2 Literature Review
3 Data and Methods
3.1 Data Sources
3.2 Variable Selection
3.3 Model Setting
4 Empirical Analysis
5 Conclusion
References
Correlation Between GDP and Related Indicators: Comparison Between the U.S. and Germany
1 Introduction
2 Literature Review
3 Data and Methodology
3.1 Data
3.2 Methodology
4 Results
5 Discussion
6 Conclusion
References
Old Prices, Marginal Costs, Capital and Dynamic Pricing Models
1 Introduction
2 Literature Review
3 Model
3.1 Dynamic Optimization Problem
3.2 Bellman Equation
3.3 A Firm’s Dynamic Price Adjustment Problem
4 Result
5 Conclusion
References
Time Series Momentum Trading Strategy for Cryptocurrencies
1 Introduction
2 Data and Method
2.1 Cryptocurrency Data
2.2 Linear Regression Model for Prediction of Returns
2.3 Mean-variance Optimization
2.4 Backtesting
3 Results and Discussion
3.1 Regression Analysis
3.2 Strategy Performances
3.3 Limitations and Prospects
4 Conclusion
References
The Effect of ESG Disclosure on Stock Performance: Empirical Evidence from China
1 Introduction
2 Hypothesis Development
3 Data, Variables and Method
3.1 Data
3.2 Variable
4 Results
4.1 Descriptive Statistics
4.2 Empirical Results
5 Conclusion
References
A Study of Asset Allocation Based on the Markowitz Model
1 Introduction
2 Literature Review
3 Model
3.1 Expected Rate of Return on Investment
3.2 Expected Rate of Return on Investment
3.3 Expected Rate of Return on Investment
4 Data
5 Analysis of Model Results
6 Conclusion
References
CSR Communication on Social Media: Feminist Marketing and Advertising
1 Introduction
1.1 Corporate Social Responsibly on Social Media
1.2 Feminism-Related CSR
2 Hypothesis
3 Methods
3.1 Descriptive Statistics
4 Results
4.1 Hypothesis 1
4.2 Hypothesis 2
5 Conclusion
5.1 Discussion and Implications
5.2 Limits and Future Directions
References
The Research on Factors Influencing Stock Returns in the Travel Industry Under the Shock of COVID-19
1 Introduction
2 Methodology
2.1 Date Sources
2.2 Group of Representative Stocks
2.3 Variable Description
2.4 Model Building
3 Results and Discussion
3.1 Descriptive Statistics
3.2 Model Test
3.3 Results of Empirical Evidence
4 Conclusion
References
Comparison of Employment Status of Financial Service Sector Between Mainland and Hong Kong
1 Introduction
2 Methodology
2.1 Metrics
2.2 Formula Application
2.3 Data Source and Processing
3 Results and Discussion
3.1 GDP and Inflation Rate
3.2 Proportion of Different Academic Degree
3.3 Investor in Security Market
3.4 Summary Analysis
4 Conclusion
References
How Life Changes During COVID Pandemic are Mitigated Through Next Generation Economic Modalities that Leverage the Power of Platforms?
1 Introduction
1.1 Background Information
1.2 Research Question
2 Literature Review
2.1 The Platform Economy
2.2 The Sharing Economy
2.3 The Circular Economy
2.4 The Attention Economy
3 Analysis
3.1 Monetizing People’s Attention by Leveraging Online Platforms – Webcasting
3.2 Digital Platforms Enhancing Access to Public Goods – Healthcare Platforms
3.3 Sharing Platforms Mitigating Enterprises’ Financial Pressure During the Pandemic - Coworking
3.4 Circular Platforms Reconfiguring the Supply Chain - Blockchain
4 Discussion
5 Conclusion
References
Innovative Tools for Food Waste Management that Enable Higher Value Circular Economy Outputs
1 Introduction
2 Literature Review
3 Recycling Food Waste by Creating a Platform
3.1 Case Study
3.2 Functions
3.3 Purpose of Building a Platform
4 Conclusion
References
What are the Benefits of Influencer Marketing, and How can Brands Benefit from Them?
1 Introduction
2 Literature Review
2.1 Brief History of Influencer Marketing
2.2 Benefits
3 Case Studies
3.1 Adidas Review
3.2 Net Sales Growth of Adidas from 2010–2021
3.3 Adobe Review
3.4 Adobe’s Annual Revenue (2004–2021)
4 Gatorade Review
4.1 Cumulative Royalties the University of Florida Has Made from Gatorade
5 Colorkey Review
6 Discussion
7 Limitations
8 Conclusion
References
The Time-Varying Impact of the Federal Reserve Rate Hike on Bitcoin
1 Introduction
2 Research Design
2.1 Data Source
2.2 Unit Root Test
2.3 VAR Model Specification
2.4 ARMA-GARCH Model Specification
3 Empirical Results and Analysis
3.1 VAR Model Identification
3.2 Impulse and Response
3.3 ARMA Model Identification
3.4 ARMA-GARCHX Estimation Results
4 Discussion
5 Conclusion
References
The Impact of Changes in Currency Value on Technology Companies’ Yield and Volatility: A Long-Term Perspective
1 Introduction
1.1 Background
1.2 Literature Review
2 Research Design
2.1 Data Sources
2.2 Unit Root Test
2.3 VAR Model Setting
2.4 ARMA-GARCHX Model Setting
3 Results and Analysis
3.1 Decision on the Order of the VAR Models
3.2 Impulse Response
3.3 ARMA Identification
3.4 ARMA-GARCHX Estimation Results
4 Discussion
5 Conclusion
References
The Behaviour of Advertisers Within Video Platform, Along with Optimal Strategy for Platform
1 Introduction
2 Model Setting
2.1 The Behaviour of Advertisers
2.2 The Behaviour of the Platform
3 Conclusion
References
The Analysis of CHANEL’s Marketing Strategy Affects Consumer Behavior in the Pandemic Situation
1 Introduction
2 CHANEL Company
2.1 Overview
2.2 Finance Situation
3 Marketing Strategy Analysis
3.1 Social Media Values-Based Perspective
3.2 Consumer Psychology and Behavior
4 SWOT Analysis
4.1 Strengths
4.2 Weaknesses
4.3 Opportunities
4.4 Threats
5 Conclusion
References
The Impact of Real Estate Tax on Residents’ Housing Consumption —— An Empirical Study Based on British Data
1 Introduction
1.1 Background
1.2 Relevant Research
2 Construction of the Model
2.1 Different Theories on Housing Consumption
2.2 Theoretical Determination
2.3 Model Construction
3 Explore the Impact of the Real Estate Tax on Residents’ Housing Investment Decisions Through Empirical Research
3.1 Data Selection
3.2 Data Description
3.3 Empirical Research
4 Discussion
4.1 Discussion About Real Property Tax
4.2 Other Discussions
5 Conclusion
References
Study on the Influence of Stock Trading Volume of Traditional Chinese Medicine by Multiple Linear Regression
1 Introduction
2 Methodology
2.1 Data
2.2 Model Establishment and Analysis
2.3 Model Modification
3 Results and Discussion
4 Conclusion
References
Market Analysis and Strategy of Pet Industry Under Epidemic Situation Market Strategy Based on Case Analysis
1 Pet Industry Prospect and Market Analysis
1.1 Analysis of Consumer Groups
1.2 Industry Segmentation of the Pet Industry
1.3 Analysis of the Market Environment of the Epidemic
2 Case Analysis of New Market Model
3 Market Strategy
3.1 Online Business
3.2 Quality Consumption
References
Research on the Influencing Factors of Second-Hand Housing Price in Shanghai
1 Introduction
2 Methodology
2.1 Data Resources and Indicator Selection
2.2 Selected Model
3 Results and Discussion
3.1 Descriptive Statistics
3.2 Test for Multicollinearity
3.3 Goodness-of-Fit and Autocorrelation Tests
3.4 Model Data Analysis and Interpretation
4 Results and Discussion
References
The Impact of Social Media Marketing Strategy on Behavior Online Shopping: Case of TikTok Study
1 Introduction
2 Method
2.1 Study Population
2.2 Questionnaire Design
3 Analyze the Influence of TikTok on Consumers from the Gender Level
4 Analyze the Influence of TikTok on Consumers from the Age Level
5 Analysis of the Advantages and Disadvantages of TikTok Live for Consumer
6 Conclusion
References
Did China’s Stock Market Benefit from USD Appreciation: An Empirical Evidence
1 Introduction
2 Literature Review
3 Research Design
3.1 Data Source
3.2 ADF Test
3.3 VAR Model
3.4 ARMA-GARCHX Model
4 Empirical Result and Analysis
4.1 Order Estimation for VAR Model
4.2 Impulse Responses
4.3 Estimation Results for ARMA-GARCHX
5 Discussion
6 Conclusion
References
Yield and Volatility of PinDuoDuo in a Long-Term Uncertain Situation: The Covid-19 Pandemic
1 Introduction
2 Literature Review
2.1 The Impact of Covid-19 on the Stock Market
2.2 E-commerce and Covid-19
2.3 The Development of Pinduoduo Under the Covid-19
2.4 Review
3 Research Design
3.1 Data Source
3.2 Unit Root Test
3.3 VAR Model
3.4 ARMA-GARCH Model
4 Empirical Result
4.1 VAR Model Result
4.2 ARMA-GARCH Model Result
5 Discussion
6 Conclusion
References
Research on the Influencing Factors Affecting Beijing House Prices Using Linear Regression Model
1 Introduction
2 Method
2.1 Data Resource Description
2.2 Variable Selection and Data Correlation Description
2.3 Model Description
3 Results and Discussion
3.1 The Selected Model
3.2 Comparison of the Selected Model and Full Model
3.3 Comparison of the Selected Model with the Log Transformation Model
3.4 Model Fitness Checking
3.5 Assumptions and Checking
4 Conclusion
References
Research on the Investment Value of Stocks of the CITIC Securities Company
1 Introduction
2 Methodology
2.1 Data Source and Indicators
2.2 Method Description
2.3 Data Pre-processing
3 Results and Discussion
3.1 Descriptive Analysis
3.2 Factor Analysis
3.3 Analysis of Correlation
4 Conclusion
References
Research on the China’s Banking Industry Based on the CAPM Model – Take Ping an Bank of China as an Example
1 Introduction
2 Methodology
2.1 Theoretical Basis
2.2 Build Statistical Models
3 Results and Discussion
3.1 Sample Selection of Ping An Bank of China
3.2 Construction of CAPM Model of Ping an Bank of China
3.3 Parameter Estimation and Regression Analysis.
4 Conclusion
References
In the Sharing Economy Modality: Airbnb’s Failure in China
1 Introduction
2 Literature Review
2.1 Sharing Economy and Airbnb
2.2 AIrbnb’s Impact on Society
2.3 Airbnb in China
3 Methodology
3.1 Research Questions
3.2 Research Design
4 Analyzing Reasons for Airbnb’s Failure in China
4.1 Cultural Difference
4.2 Advertisement
4.3 Price
4.4 Limited Services
5 Conclusion
References
The Time-Varying Impact of the Fed’s Rate Hike on Japan’s Airline Industry
1 Instruction
2 Data Structure and Model Selection
2.1 Data Structure
2.2 VAR Model
2.3 ARMA Model
2.4 ADF Unit Root Test
2.5 The Establishment of the VAR Model
2.6 The Establishment of the ARMA-GARCHX Model
2.7 The GARCHX Model
3 Empirical Results and Analysis
3.1 VAR Order
3.2 ARMA Model Ordering
3.3 Impulse and Response
3.4 ARMA-GARCH Estimation Results
4 Conclusion
References
Large Supermarket Chain Under This Turn’s Interest Rate Policy: Gain or Lose
1 Introduction
2 Literature Review
2.1 The Reasons of Fed Raising Interest Rates
2.2 Market Focus on Fed Rate Hike
2.3 The Impact of Exchange Rate Changes on the Economy
2.4 Review
3 Methodology
3.1 The Source of Data
3.2 Unit Root Test
3.3 VAR Model Setting
3.4 ARMA-GARCHX Model Setting
4 Empirical Results and Analysis
4.1 Order Determination of VAR Model
4.2 Impulse Response
4.3 Order Determination of ARMA Model
4.4 Estimation Results of ARMA-GARCHX Model
5 Discussion
6 Conclusion
References
The Time-Varying Impact of Normalized Covid-19 Pandemic on BYD Stock Price
1 Introduction
1.1 General Content of the Article
2 Literature Review
2.1 The Influence of COVID-19 that Brought to China’s Automobile Industry
2.2 The State of BYD Cars in Recent Years
2.3 Literature Summary
3 Research Design
3.1 Data Source
3.2 Unit Root Test
3.3 VAR Model Specification
3.4 ARMA-GARCH Model Specification
4 Empirical Results and Analysis
4.1 VAR Model Order Determination
4.2 Stability Test of VAR Model
4.3 VAR Model Impulse Response Diagram
4.4 PACF and ACF
4.5 ARMA-GARCH Model Specification
5 Discussion
6 Conclusion
References
A Comparative Study of Shadow Banking Financial Supervision Between China and the United States
1 Introduction
2 The Concept of Shadow Banking
2.1 Causes of Shadow Banking
2.2 The Development of Shadow Banking
3 Financial Supervision of Shadow Banks in China and America
3.1 The Supervision Process of Shadow Banking in China
3.2 The Supervision Status of Shadow Banking in China
3.3 The Supervision Process of American Shadow Banks
3.4 The Supervision Status of Shadow Banking in the United States
4 Comparison of Financial Supervision on Shadow Banking System between China and America
4.1 Regulatory Commonalities
4.2 Differences in Regulation
4.3 Problems in China’s Shadow Banking Supervision
4.4 Suggestions for Improving China’s Shadow Banking Supervision System
5 Conclusion
References
Marketing Channel Innovation in the Beauty Industry in the Post-Epidemic Era - Estee Lauder Brand as an Example
1 Introduction
2 The Challenger of the COVID-19 for the Beauty Industry
2.1 Lower Consumer Appetite and Shifting Demand for Beauty
2.2 Live Streaming Becomes Popular as Offline Goes Online
3 Adaptation of Marketing Tools Under the Epidemic: An Analysis of Estee Lauder as an Example
4 Upgrading Marketing Channels in the Post-Epidemic Era
4.1 Building the Online Marketing Matrix
4.2 Online Channels are Linked at Multiple Points to Form a Closed Loop
4.3 Channel Model
5 Conclusion
References
Analysis on Siemens Online Marketing Strategies - Taking Siemens Advertisement of Dishwasher as an Example
1 Introduction
2 Introduction to the Siemens Advertisement of Dishwasher
3 Marketing Strategies Used in the Siemens Advertisement of Dishwasher
3.1 Source
3.2 Message Content
3.3 Inoculation
3.4 Middle-Aged Recipient
3.5 Channel - TVC
3.6 The Superimposed Voice of Celebrity Celebrities
4 Discussion of the Effect of Siemens Advertisement of Dishwasher
5 Conclusion
References
Gain or Loss from Fed’s Interest Rate Policy: Evidence from Disney
1 Introduction
2 Literature Review
3 Research Design
3.1 Data Source
3.2 ADF Test
3.3 VAR Model
3.4 ARMA-GARCH-X Model
4 Empirical Results and Analysis
4.1 VAR
4.2 Analysis
4.3 ARMA
4.4 ARMA-GARCH
5 Discussion
6 Conclusion
References
Research on the Influence Mechanism of Consumer Habits and Psychological Price Level on Advertising Effects: Based on Close-Up and Group Images
1 Introduction
2 Literature Review
3 Study Design
4 Data Analysis
4.1 Data Analysis of Experimental Group A and Control Group B
4.2 Data Analysis of Experimental Group C and Control Group D
5 Empirical Analysis
6 Meanings and Recommendations
7 Conclusion
References
Ownership Structure and Corporate Performance Evidence from China's Stock Market
1 Introduction
2 Literature Review
3 Data and Methods
3.1 Sample
3.2 Variables and Model Specification
4 Examining the Relation of Ownership Structure and Performance
4.1 Correlations
4.2 Regression Results and Analysis
5 Conclusions
References
Factor Analysis and PEST Analysis on Health Care Industry with 15 Stock Samples’ Evaluation
1 Introduction
2 Data and Methodology
2.1 Data
2.2 Methodology
3 Results
3.1 Results of KMO and BArtlett’s Test
3.2 Results of Factor Analysis
4 Discussion
4.1 Suggestion
4.2 Limitation
5 Conclusion
References
The Research of Three Parties’ Game Influenced by IWOM in Evolutionary Game Theory-Taking “Ice Cream Assassin” as an Example
1 Introduction
2 Evolutionary Model Assumptions
3 Results and Discussion
3.1 Constructing the Return Expectation Function
3.2 Replicate Dynamic Equation Solution
3.3 Constructing the Jacobian Matrix
3.4 Stability Analysis of Equilibrium Point
4 Numerical Simulation Analysis
4.1 Effect of the Initial Probability of the Three Parties’ Analysis
4.2 The Influence of Online Word-of-Mouth Factors Analysis
5 Conclusion
References
Empirical Analysis of Liquidity Risk of Chinese Listed Commercial Banks
1 Introduction
2 Methodology
3 Results and Discussion
4 Conclusion
References
Analysis on the Influence of Various Elements on the Net Profit of a Steel Group in Southwest China and the Prediction Based on Arima Model
1 Introduction
2 Research Methods
2.1 Data Sample
2.2 Variable Description
3 Results
3.1 Coefficient of Variation Method
3.2 Arima Time Series Forecasting
4 Discussion
5 Conclusions
References
Are There Any Winners on Both Sides of the Trade Conflict: Evidence from China and U.S.
1 Introduction
2 Research Design
2.1 Data Sources
2.2 Unit Root Test
2.3 VAR Model Identification
2.4 ARMA-GARCH-X Model Specification
3 Empirical Results
3.1 VAR Model Estimation Results
3.2 ARMA-GARCH Model Result
4 Discussion
5 Conclusion
References
Investment Strategy in a Down Market: Application of Market Neutral Strategy in Energy, Utilities and Technology Sector
1 Introduction
2 Method
2.1 Market Neutral Strategy
2.2 Stock Selection
2.3 Benchmarks
3 Results
4 Conclusion
References
Factors Analysis on Affecting the Sales Volume of K-Pack in Smartfood
1 Introduction
2 SWOT Analysis of Smartfood Company
2.1 Overview of Smartfood Company
2.2 SWOT Analysis
3 Regression and Results
3.1 Data and Variables
3.2 Results of OLS Model
4 Discussion
5 Conclusions
References
Resignation of Board of Directors Secretaries in Their Tenures and Business Violations
1 Introduction
2 Methodology
2.1 Sample Selection and Data Sources
2.2 The Number of Violations of Listed Companies
2.3 Trend Chart of the Number of Board Secretaries Leaving
3 Results and Discussion
3.1 Specification of Model
3.2 Further Analysis
4 Conclusion
References
Research on the Influencing Factors of Marriage Rate Among Young People in China
1 Introduction
2 Methodology
2.1 Data Sources
2.2 Variable Description
3 Results and Discussion
4 Conclusion
References
Constrained Portfolio Optimization: A Comparison of Markowitz Model and Single Index Model
1 Introduction
2 Problem Formulation
3 Data Collection and Analysis
4 Analysis on Different Constraints in MM and IM
5 Result Analysis
6 Conclusion
References
Tesla Stock Price Timeseries Analysis and Forecasting
1 Introduction
2 Data Preprocessing
3 Arima Model Introduction and Modeling Process
3.1 ARMA Model
4 ARMA Model Identification and Estimation
4.1 Introduction of Modeling Process
5 Empirical Analysis of Historical Closing Price of Tesla
5.1 Data Sources
5.2 Empirical Analysis
6 Model Test
6.1 Model Forecast
7 Conclusion
References
The Application of CAPM and Fama-French Three-Factor Model to the Investment Choice in Individual Stocks in China’s A-share Market and the Explanatory Power of Returns
1 Introduction
2 Literature Review
3 Model
3.1 CAPM
3.2 Fama-French Three-Factor Model
4 Empirical Result
4.1 Data Selection
4.2 Analysis of Regression Results
5 Conclusion
References
Optimal Capital Structure of China’s Small and Medium Listed Companies: A Case of RC Ltd.
1 Introduction
2 Capital Structure Theory
2.1 Studies in the West
2.2 Studies in China
3 A Case Study on the RC Ltd.
3.1 Company Profile and Financial Status
3.2 Status of Capital Structure
3.3 Costs of Capital of RC Ltd. and Peer Companies
3.4 Qualitative Analysis of Capital Structure
3.5 Discussion on Debt Financing Ratio in Optimal Capital Structure
4 Conclusion
References
The Main Challenge Faced by the Migrant Population and Recommended Policies: A Case of Hangzhou
1 Introduction
2 Literature Review
3 Methodology
4 Results
5 Conclusion
References
Research on United States Core CPI Forecast Based on Exponential Smoothing and ARIMA Model
1 Introduction
1.1 Research Background
1.2 Literature Review
1.3 Research Motivation
2 Methodology
2.1 Data Sources
2.2 ARIMA
3 Empirical Results Analysis
4 Conclusion
References
The Differences Between Longping High-Tech’s Company Value and Stock Prices of Agricultural and Forestry Industry Based on Factor Analysis and Structural Equation Model
1 Introduction
2 Literature Review
2.1 The Value of a Company
2.2 Stock Price of the Industry
3 Methodology
3.1 Research Hypotheses
3.2 Research Model
3.3 Research Design
3.4 Selection of Variables
3.5 Data Collection
3.6 Factor Analysis
4 Empirical Analysis and Result Analysis
4.1 Factor Analysis Results
4.2 AMOS Analysis
4.3 Fitting Degree Analysis (AMOS)
5 Conclusion
References
Analysis of the Impact of Corporate Responsibility on the Economic Interests of Educational Institutions Under the Impact of COVID-19
1 Introduction
2 Literature Review
3 Model Building
3.1 Basic Assumptions
3.2 Brief Introduction of the Model
3.3 Data Sources
4 Empirical Analysis
4.1 Variable Declaration
4.2 Descriptive Statistics
4.3 Correlation Analysis
4.4 Regression Analysis
4.5 Robustness Test
5 Conclusions
References
International Capital Flows and Dynamic Changes in Cryptocurrency Market
1 Introduction
2 Literature Review
3 Research Design
3.1 Data Sources
3.2 Unit Root Test
3.3 Vector-Autoregression
3.4 ARMA-GARCHX
4 Empirical Findings and Analysis
4.1 VAR Model Identification
4.2 Impulse Response
4.3 ARMA-GARCHX
5 Conclusion
References
Research on the Influencing Factors of Stock Return Based on Factor Analysis and OLS Regression Analysis
1 Introduction
2 Literature Review
3 Methodology
3.1 Data Description
3.2 Pre-Data Analysis
4 Results and Discussion
4.1 Factor Analysis
4.2 OLS Regression Analysis
5 Conclusion
References
Social Media Peer Communication and Impacts on Purchase Intentions
1 Introduction
2 Literature Review
3 Methods
3.1 Research Design and Method
3.2 Study Participants
3.3 Data Collection Methods
3.4 Data Analysis
4 Results
5 Discussion
6 Conclusion
References
Research on Transparent and Opaque Packaging of Nearly Expired Food
1 Introduction
2 Literature Review
3 Method
4 Experiment Design
5 Experiment Result
6 Conclusion
Appendix
References
Research on the Impact of Investor Sentiment on the Cost of Equity Financing
1 Introduction
2 Methodology
2.1 Sample
2.2 Model Setting
2.3 Variables
2.4 Size
2.5 Leverage
2.6 ROE
2.7 Tobin Q
3 Results and Analysis
3.1 Summary Statistics
3.2 Correlation Coefficient
3.3 Test for Multicollinearity
3.4 The Model Results
3.5 Test of Model 1
3.6 Interpretation of the Results of Model 1
3.7 Test of Endogeneity Model and Results
3.8 Test for Robustness
4 Conclusion and Suggestions
4.1 Conclusion
4.2 Suggestion
References
Examining the Correlation for the US S&P 500 and Its Corresponding Futures from a Data-Driven Perspective
1 Introduction
2 Data Collection
3 Methods
4 Results
4.1 ADF Test
4.2 VAR Model Construction
4.3 Variance Decomposition Analysis
5 Discussion
6 Conclusion
References
Analysis of the Current Situation, Problems, and Countermeasures in the Development of China’s Agricultural Futures Market
1 Introduction
2 Current Status
3 Brief Review on the Agricultural Market
4 Problems
4.1 Lack of Multi-level Risk Management System
4.2 The Spot Market Is Not Without Flaws
4.3 The Overall Trading Size of Agricultural Futures is Stagnating
4.4 Few Species of Agricultural Products Futures Trading
5 Solution
5.1 “Order + Insurance + Futures” Model
5.2 Traffic Will Open up Markets with Imperfect Infrastructure
5.3 Increase Promotional Efforts to Make the Agricultural Futures Market More Appealing
5.4 Improve the Listing and Delisting System
6 Conclusion
References
BSM Model Application for the Southern Copper Corporation
1 Introduction
2 Data
3 Method
4 Result
5 Discussion
6 Conclusion
References
Value Investment: A Case Study for Technology Companies (Meta vs Microsoft)
1 Introduction
2 Data
3 Method
4 Results
5 Discussion
6 Conclusion
References
Comparing the S&P 500 Index’s and the NASDAQ Index’s Influence on Pfizer’s Stock Returns
1 Introduction
2 Firm Description
3 Regression Analysis
3.1 Introduction of CAPM
3.2 Regression Analysis
4 Discussion
5 Conclusion
References
Compare Nasdaq Index and S&P 500 Index on Exxonmobil Stock Returns
1 Introduction
2 Firm Description
2.1 EBIT Margin (the Data from 6/29/2021 to Now, by Quarterly)
2.2 Profit Margin (the Data from 6/29/2021 to Now, by Quarterly)
2.3 Operating Margin (the Data from 6/29/2021 to Now, by Quarterly)
2.4 Total Debt and Net Debt (the Data from 6/29/2021 to Now, by Quarterly)
3 Analysis of Regression
3.1 About CAPM
3.2 Analysis of Regression
4 Discussion
4.1 CAPM’s Advantage
4.2 CAPM’s Disadvantage
5 Conclusion
References
Applicable Conditions and Criteria for Material Adverse Effect Clause in International M&A Transactions
1 Introduction
2 Vagueness in the Criteria for Judging the Extent of Decline in Performance
2.1 Jurisprudence
2.2 Unsolved Problems in Determining the Decline of Corporate Income
2.3 Potential Solutions
3 Vagueness in the Criteria for Determining the Decline Duration
3.1 Jurisprudence
3.2 Unsolved Problems in Determining the Decline Duration
3.3 Potential Solution
4 Vagueness in the Scope of the Acquirer’s Knowledge
4.1 Jurisprudence
4.2 Unsolved Problems in Clarifying the Scope of the Acquirer’s Knowledge
4.3 Potential Solutions
5 Conclusion
References
Stock Price Prediction in the Context of Time-Series and Multiple Factorial Regression for Medical Industry
1 Introduction and Literature Review
1.1 Introduction
1.2 Literature Review
2 Data and Method
2.1 Data
2.2 Model
2.3 Procedure
3 Results and Discussion
3.1 Time-Series Model
3.2 Multifactorial Model Correlation and Regression Analysis
3.3 Comparison and Application
4 Limitation and Prospects
5 Conclusion
References
A Empirical Research on the Relationship Between Appearance and Income
1 Introduction
2 Literature Review
3 Data Structure and Methodology
3.1 Data Source
3.2 Summary Statistics for Key Variables
4 The Empirical Strategies and Results
4.1 Methodology and the Empirical Strategy
4.2 Does a Relationship Exist Between Wage or Income and Appearance
4.3 Are Physically Attractive Employees Concentrated in Higher-Paying Positions?
4.4 Would Physically Attractive Employees Have Higher Likelihood in Promotion?
4.5 Would Physically Attractive Employees Have Higher Human Capital?
4.6 Does the Special Treatment of Attractive Employees Still Exist After Controlling These Variables?
5 Robustness Test
6 Conclusion
References
Option Mispricing and Maturity Date: Evidence from China
1 Introduction
2 Data and Variables
3 Empirical Test
4 Conclusion
References
Applicability of Fama-French Six-Factor Improved Model to Explain Stock Returns in Chinese Rare Metal Industry
1 Introduction
2 Methodology
2.1 Data Source
2.2 Stocks Grouping
2.3 Factors Construction
3 Results and Discussion
3.1 Factor Analysis
3.2 Factors Analysis
4 Conclusion
References
Impact of COVID-19 on China’s Real Estate Industry - An Empirical Study Based on the Stock Market
1 Introduction
2 Methodology
3 Results and Discussion
4 Conclusion
References
Prediction and Analysis of Commodity House Price Based on ARIMA Model
1 Introduction
2 Method
3 Results and Discussion
3.1 Test of Stationarity
3.2 Perform Differential Operation
3.3 Test of the White Noise
3.4 Determine the Orders P and Q
3.5 Evaluation of the Model and Prediction of the Time Series
4 Conclusion
References
The Prospect of Chinese Internet Companies’ Strategy Investment
1 Introduction
1.1 Background
1.2 Related Research
1.3 Objective
2 Description of Statistics
2.1 Domestic Industry Circumstance
2.2 Features of Chinese Internet Companies’ Strategy Investment
3 Investment Analysis
3.1 Investment Numbers
3.2 Investment Fields
3.3 Investment Changes
4 Discussion
4.1 Policy Intervention by Government
4.2 Main Products and Strategic Expansion
4.3 Prospects and Suggestions
5 Conclusion
References
Rough Volatility
1 Introduction
2 Volatility Modeling
3 The Hurst Index
4 Option Price Dealing and Microstructure Related to the Roughness of Volatility
5 Smoothness of the Log-Volatility Process
5.1 Volatility Smoothness
5.2 Specification of the RFSV Model
5.3 Spurious Long-Term Volatility
5.4 Forecasting Log-Volatility Using the RFSV Model
6 Conclusion
References
Export Effect or International Capital Flows: Evidence From US Chip Industry
1 Introduction
2 Research Design
2.1 Data Source
2.2 Stock Return
2.3 Unit Root Test
2.4 VAR Model Specification
2.5 ARMA-GARCHX Model Specification
3 Empirical Results
3.1 VAR Order Selection
3.2 Impulse Response Result
3.3 ARMA-GARCHX Order Selection
3.4 ARMA-GARCHX Model Result
4 Conclusion
References
Analysis on the Influencing Factors of Profitability in China Minsheng Bank's
1 Introduction
2 Theoretical Analysis on the Profitability of Commercial Banks
2.1 The Concept of Commercial Bank Profitability
2.2 Theoretical Analysis of Factors Affecting the Profitability of Commercial Banks
3 Data, Variables and Method
3.1 Data Sources
3.2 Variables
3.3 Model
4 Results
4.1 Descriptive Statistics
4.2 Empirical Results
5 Discussion
5.1 Asset Quality and Profitability of Minsheng Bank
5.2 Analysis of the Relationship Between Capital Adequacy Ratio and Minsheng Bank’s Profitability
5.3 Analysis of the Relationship Between Liquidity and Profitability of Minsheng Bank
5.4 Analysis of the Relationship Between Operational Efficiency and Minsheng Bank’s Profitability
5.5 Analysis of the Relationship Between GDP Growth Rate and Minsheng Bank’s Profitability
6 Conclusion
6.1 A Subsection Sample
References
Stock Market Forecasting Using the ARIMA, GARCH and Random Forest Model During The Russia–Ukraine War
1 Introduction
2 Data and Research Method
2.1 Data
2.2 Methodology
3 Results
3.1 ARIMA Analysis
3.2 Results for GARCH Model
3.3 Results for Random Forest Model
4 Conclusions
References
Forecasts and Relationships for German and Russian Stock Indices
1 Introduction
2 Data and Methodology
2.1 Data Processing
2.2 Stationary of the Time Series
2.3 Weighted Moving Average Method (WMA)
2.4 Exponential Smoothing Model (ESM)
2.5 Short-Term Relationship
2.6 Long-Term Relationship
3 Empirical Results
3.1 Forecast Results
3.2 Comparison of Forecast Results
4 Long-Term and Short-term Relationship Between DAX and RTSI
4.1 Short Term Relationship
4.2 Long-Term Relationship
5 Conclusion
References
Comparison of Time-Series Forecasting Models in Predicting Stock Prices of Insurance Company
1 Introduction
2 Methodology and Data
2.1 Data
2.2 Methodology
3 Empirical Result and Analysis
3.1 Preliminary Test
3.2 Comparison of Forecast Error of Different Methods
4 Conclusion
References
Research on the Birth Inhibition Effect of House Prices in China-A Tianjin-Beijing-Hebei Regional Case Study
1 Introduction
2 Methodology
2.1 Data Sources
2.2 Model Setup
3 Results and Discussion
3.1 Data Analysis
3.2 Stationarity Test of Time Series
3.3 Parameter Estimation of Model
3.4 Summary Analysis
4 Conclusion
References
Game Theoretical Analysis of the Behavioral Strategies of the Chinese Government and Producers Under a Policy of Reward and Punishment Mechanism
1 Introduction
2 Method
2.1 Model 1
2.2 Model 2
3 Discussion
3.1 Model 1
3.2 Model 2
4 Conclusion
References
Anchoring Effect in the Market: Perspective from Market Interaction and Stock Investment
1 Introduction
1.1 Research Background and Significance
1.2 Research Content
2 Literature Review
2.1 Making Forecasts or Perceiving the Present Prices
2.2 Making Estimations or Computations
3 Discussion
3.1 Market Interactions
3.2 Stock Investment
4 Conclusion
References
The Relationship between Real E-commerce Platform Reviews and Stocks Price Change Based on Panel Regression Model
1 Introduction
2 Literature Review
3 Hypothesis Development
4 Research Design
4.1 Data Description
4.2 Variables
4.3 Regression Model
5 Results
5.1 Correlation Coefficient Test
5.2 Ordinary Least Square (OLS) Model
5.3 Fixed Effect Model (FE)
5.4 Random Effect Model (RE)
5.5 Hausman Test
5.6 Lagrange Multiplier Test
6 Conclusion
References
Basic Analysis of Hog Futures Market in China
1 Introduction
2 Chinese Hog Futures Market
2.1 Definition
2.2 Current Situation
2.3 Key Features
3 Factors that Affect the Price of Live Hog Futures
3.1 Growth and Supply Cycle of Pigs
3.2 Feed of Live Hogs
3.3 Disease
4 The Impact of Hog Futures
4.1 How the Hog Future Stabilizes the Hog Price
4.2 Why We Need the Hog Future to Stabilize the Hog Price
5 Prospect
5.1 Advantages and Challenges
5.2 The Development of Government Policy
6 Conclusion
References
Bank Customer Churn Prediction Based on Correlation Analysis and Multiple Linear Regression
1 Introduction
2 Data and Method
3 Results and Discussion
4 Limitation and Prospects
5 Conclusion
References
Impact of the Russian-Ukrainian War on the Global Non-ferrous Metals Market
1 Introduction
2 Methodology
3 Results and Discussion
4 Conclusion
References
A Statistical Study of Diabetes Prevalence and Poverty Rates in the United States using Linear Regression Methods
1 Introduction
2 Methodology
3 Results and Discussion
4 Conclusion
References
The Role of Derivatives in Risk Management After the Financial Crisis of 2008
1 Introduction
2 The Development of the Financial Derivative Market and Instruments
2.1 The Development of the Financial Derivative Market
2.2 The Development of Financial Derivate Instruments
3 Excessive Issuance of Financial Derivatives Would Lead to an Economic Crisis
4 The Role of Credit Derivatives in the Financial Crisis
5 Seven Frictions of the Securitization Process
6 Technical and Empirical Analysis
7 Conclusion
References
The Impact of the Covid-19 Pandemic on the Technology Sector of US Stock Market Using Time Series Model
1 Introduction
2 Methodology
2.1 Time Series Models
2.2 Accuracy Test
2.3 Data
2.4 Research Question and Hypothesis
3 Result
3.1 Descriptive Statistics
3.2 Raw Data Visualization
3.3 Time Series Forecasting
3.4 Accuracy Tests
3.5 Forecasting Using ARIMA Model
4 Discussion
5 Conclusion
References
The Impact of Fintech on Stock Price Crash: Evidence from China
1 Introduction
2 Literature Review
2.1 The Factors Influencing the Stock Price Crash Risk
2.2 The Meaning of the Digital Inclusive Finance Index
2.3 Prior Studies Show the Possible Conduction Mechanism
3 Empirical Chapter
3.1 Methodology
3.2 Data
3.3 Empirical Results
4 Conclusion
References
Apple’s Strategic Analysis and Cash Flow Forecast
1 The Profile of Apple and the Analysis of It
1.1 A Brief Introduction to Apple and Its Main Business
1.2 The Framework of Analysis
1.3 The Purpose and Significance of Research
2 Strategic Analysis
2.1 Analysis of the Data of Apple Annual Report in the Past and the Reason for Speculation
2.2 Strategy Speculation and Analysis
3 The Development Analysis of Apple
3.1 Analysis and Forecast in Apple’s Prospective Value
3.2 The Summary of the Influencing Factors
4 The Conclusion
References
When Companies Do Good: The Relationship Between Firm Size and Corporate Social Responsibility—An Empirical Study in Chinese Market
1 Introduction
2 Literature Review and the Hypotheses
2.1 Corporate Life Cycle
2.2 The Theory of Legality
3 Data and Methods
4 Results
5 Discussion
5.1 Crowding-Out Effects
6 Practical Implications, Limitations and Suggestions for Further Research
References
The Financial World After the Continuous Raise of the Federal Fund Rate-Subsequent Influence of the Increase of Interest Rate on the Financial Industry
1 Introduction
2 Literature Review
3 Methodology
3.1 S&P 500 Market Performance
3.2 The Change of the Interest Rate and Risk-Free Rate
3.3 The Influence of the Raise of Interest Rate on the Stocks of Five Outstanding Financial Companies
4 Discussion
5 Conclusion
References
Analysis of the Impact of the Trade War Between China and the United States on the Economy of Shandong Province and Countermeasures
1 Introduction
2 Literature Review
2.1 Impact on National Economic Development
2.2 Impact on Regional Economic Development
3 Analysis of the Economic Development of Shandong Province
3.1 Total GDP and Growth Rate, Industrial Structure
3.2 Open Economy in Shandong Province
4 The Impact of the China-US Trade War on the Economic Development of Shandong Province
4.1 The Impact on the Import and Export of Shandong Province
4.2 Impact on Industrial Development in Shandong Province
4.3 Impact on the Lives of People in Shandong Province
5 Policy Recommendations
6 Conclusion
References
Planning and Development of Smart Cities Based on the Concept of Sustainable Development - The Case of Shanghai
1 Introduction
1.1 Research Background
1.2 Research Significance
2 Literature Review
3 The Importance of Building Smart Cities in a Sustainable Development Perspective
3.1 Smart Cities Inspire Urban Innovation
3.2 Integrating Sustainable Smart Cities
4 The Present State of Smart City Construction in Shanghai and the Challenges Encountered
4.1 Shanghai Smart City Construction Effectiveness
4.2 Problems Facing the Construction of a Smart City in Shanghai
5 Suggestions Regarding the Development of a Smart City in Shanghai
5.1 Strengthening Smart Services and Advocacy
5.2 Optimizing the Distribution of Talents by Merging Technological Innovation and Industrial Development
5.3 Enhancing Legal Protection for Information Resource Sharing and Information Security
5.4 Establishing a Regulatory Body and Evaluation Mechanism for Smart City Construction
6 Conclusion
6.1 Research Findings
6.2 Future Outlook
References
The Road of Transformation of Resource-Based Cities
1 Introduction
2 Current Situation
2.1 City Overview
2.2 Background
3 Transformation
3.1 Improve Environmental Quality
3.2 Optimize Industrial Structure
3.3 Continuously Improve People’s Livelihood
4 Experience
4.1 Transform at the Right Time
4.2 Developing Economy According to Local Conditions
4.3 In Line with the Overall Trend of Development
5 Conclusion
References
Measuring COVID-19’s Shock to Economy: Evidence from Japan’s Inflation Rate
1 Introduction
2 Background
3 Data and Summary Statistics
3.1 Data Availability
3.2 Summary Statistics
4 Empirical Strategy
4.1 Event Study Approach
4.2 Heterogeneity
5 Empirical Findings
5.1 Main Results
5.2 Results of Heterogeneous Test
6 Conclusion
References
A Test of EMH Using Euro-Dollar Exchange Rate Fluctuations
1 Introduction
2 Literature Review
2.1 Random Walk
2.2 Cointegration Test
2.3 Market Volatility
3 Methodology
3.1 Three Forms of Efficient Market
3.2 Application of EMH in Foreign Exchange Market
4 Empirical Analysis
4.1 Data Sources
4.2 Test Process
4.3 Empirical Analysis
5 Conclusion
References
Wealth Management Product in China
1 Introduction
2 Literature Review
3 What Are WMPs?
3.1 Categories of WMPs
4 Why Are WMPs Important?
4.1 SMEs, the Supplier of WMPs
4.2 Asset Management in China
4.3 Consumer Base for Financial Products is Big
4.4 Financial Literacy of Chinese Investors
5 Risks
5.1 Regulatory Arbitrage
5.2 Maturity Mismatch
5.3 Default Risk
6 Government Guidance and Policy
7 Future Outlook
8 Conclusion
References
Forecasting the China Stock Prices During the Covid-19 Pandemic
1 Introduction
2 Literature Review
2.1 Stock Price Prediction Models
2.2 Sentiment Analysis Models
3 Data
4 Methodology
4.1 Sentiment Analysis of Covid-19
4.2 Random Forest Prediction Model
4.3 Result
5 Conclusion
References
Barrier Option Pricing for Discrete Market Hours
1 Introduction
2 Background
3 Methodology
3.1 Research Purpose
3.2 Hypothesis
3.3 Parameters
3.4 Program Setting
4 Result
4.1 Simulated Price
4.2 Risk Premium
5 Discussion
5.1 Major Findings
5.2 Contribution
5.3 Limitations and Suggestions
6 Conclusion
References
The Determining Factors of Inequality Across Space in China Cities, Rural Areas, and Suburbs (From the 1980s Till Now)
1 Introduction
2 Literature Review
3 Hypotheses and Factors
3.1 Factors that May Contribute to Economic Inequality
3.2 Urban-Rural Inequality
4 Methodology and Data Description
4.1 Methodology
4.2 Data Description
4.3 Results
5 Conclusion
References
The Economic Linkage Between China and US: An Empirical Evidence from CPI
1 Introduction
2 Literature Review
2.1 Study of US-China Trade, and Global Supply Chains
2.2 Studies on the Interaction of Inflation Between Countries Before the Financial Crisis in 2008
2.3 Review
3 Research Design
3.1 Data Source
3.2 Unit Root Test
3.3 Vector Autoregression (VAR) Model
3.4 ARMA-GARCH Model
4 Empirical Results and Analysis
4.1 Order of VAR Model
4.2 Impulse Response
4.3 PACF and ACF
4.4 ARMA-GARCH Estimation Results and Variance Equation
5 Discussion
6 Conclusion
References
Study on the Impact of Agricultural Mechanization on the Income of Rural Residents in China Based on Provincial Panel Data
1 Introduction
1.1 Background
1.2 Literature Review
2 Data Selection
2.1 Region Selection
2.2 Time Selection
3 Variable Selection
3.1 Explained Variable: Per Capita Disposable Income of Rural Residents (PCDI of Rural Residents)
3.2 Independent Variable: Per Person Agricultural Machinery Power
4 Preliminary Analysis
5 Model Establishment
5.1 Main Symbols and Explanations
5.2 Three Types of Panel Data Model
5.3 F-test
5.4 Hausman Test
5.5 Results and Analysis
6 Model Improvement
6.1 Improvement Direction
6.2 Improved Model Results
6.3 Analysis of Improved Model
7 Conclusion
References
The Impact of Financial Crisis on Real Estate Enterprises: An Empirical Analysis
1 Introduction
2 Data and Method
2.1 Data Source
2.2 Variable Selection
2.3 Descriptive Statistics
3 Empirical Analysis
3.1 Model Building
3.2 Basic Regression
3.3 Parallel Trend Test
3.4 ADF
4 Limitations and Prospects
5 Conclusion
References
The Debt Crisis in China’s Real Estate Industry: Evidence from Evergrande
1 Introduction
2 The Process of Evergrande Debt Crisis
3 Cause Analysis of Evergrande Group Debt Crisis
3.1 External Causes
3.2 Internal Causes
4 Suggestions
4.1 Invest Rationally and Control Financial Risks
4.2 Establish a Risk Early Warning System
4.3 Optimize the Capital Structure and Expand Financing Channels
5 Deficiencies and Prospects
6 Conclusion
References
Analysis on Value Investment in REIT Industry
1 Introduction
2 Data
2.1 Data Selection
2.2 Sector and Company
3 Method
3.1 Value
3.2 Profitability
3.3 Payout
3.4 Growth
4 Results
4.1 Value
4.2 Profitability
4.3 Payout
4.4 Growth
5 Discussion
6 Conclusion
References
Value Investment in Real Estate Industry
1 Introduction
2 Data Description
3 Method
3.1 Valuation
3.2 Growth
3.3 Profitability
3.4 Payout
4 Results
4.1 Valuation
4.2 Growth
5 Discussion
6 Conclusion
References
Analysis of Shared Bicycle’s Business Model and Development
1 Introduction
2 Problems in the Development of Shared Bicycle
3 Analysis of Shared Bicycle Market Structure in the Context of Sharing Economy
3.1 Industry Status
3.2 Oligopolistic Game
3.3 Industry Consolidation
4 Future Development Direction and Suggestions
5 Conclusion
References
A Brief Analysis of Countermeasures of Price cap of Masks during the Epidemic Period from the Perspective of Game Theory
1 Introduction
2 Literature Review
2.1 Game Theory
2.2 Price Ceiling
3 Discussion
3.1 Analysis Base on Model and Market
3.2 Discussion from the Perspective of Game Theory
4 Conclusion and Limitation
References
The Impact of Economic Policy Uncertainty on Bank Stability
1 Introduction
2 Literature Review
2.1 Economic Policy Uncertainty
2.2 Influence of Different Factors on Bank Stability
2.3 Mediating Factors
2.4 Bank Competition
2.5 Economic Policy Uncertainty (EPU)
2.6 Bank Size
2.7 Bank Capital
3 Theoretical Mechanism and Research Hypothesis
3.1 EPU and Bank Stability
3.2 EPU, Bank Competition, and Bank Stability
3.3 EPU, Loan Size, and Bank Stability
4 Research Design
4.1 Bank Stability
4.2 Economic Uncertainty (EPU)
4.3 Control Variables
4.4 Mediating Variables
4.5 Model
4.6 Descriptive Statistical Analysis
4.7 Correlation Analysis
5 Analysis of Empirical Results
5.1 EPU and Bank Stability
5.2 Mechanism Testing
5.3 Robust Test
6 Conclusion
References
Examining the Impact of Human Capital on China’s Income Disparity Between Rural and Urban Areas
1 Introduction
2 Analysis of the Effect of Educational Factors in Human Capital on the Rural-Urban Income Gap in China
2.1 China-Returns to Education and the Urban-Rural Income Gap
2.2 China-Returns to Education and the Urban-Rural Income Gap
3 Analysis of the Effect of Training Factors in Human Capital on the Rural-Urban Income Gap in China
4 Analysis of the Effect of Health Factors in Human Capital on the Rural-Urban Income Gap in China
5 Suggestion
6 Conclusion
References
Exploring the Development Path of Traditional Culture Handicraft Industry Under the Background of Digital Economy – A Case Study of Jingdezhen
1 Introduction
2 Related Concepts and Theoretical Basis
3 Exploring the Current Situation and Problems of Jingdezhen Ceramic Industry
3.1 Hightech Enterprises are Increasing Rapidly, but Their Management Experience is Insufficient
3.2 Slow Technology Update in the Process of Building “Internet + Ceramics” Industry
3.3 Lack of Brand Awareness and Insufficient Publicity
3.4 Affected by COVID-19, the Survival of the Industry Faces Great Risks
4 Analysis of the Influencing Factors of Traditional Cultural Handicrafts
4.1 Talents Play an Important Role in Traditional Cultural Handicrafts
4.2 Whether It can Build a Distinctive Digital Culture Platform is an Important Driving Force for Development
4.3 The Government Plays an Important Guiding Role
5 Policy Suggestions on the Development of Traditional Handicrafts
5.1 Improve the Connection Between Upstream and Downstream Industries and Create a Unique Cultural Industrial Chain
5.2 Using Digital Economy to Build Local and Characteristic Cultural Industry Community
5.3 Transform into a New Mode of Upstream and Downstream Operation
5.4 Accumulate Capital and Prepare for Profit Risks
6 Conclusion
References
Backtracking and Analysis of Stocks in Different Intervals Using Supertrend
1 Introduction
2 Basic Model Setting
2.1 Supertrend Models
2.2 Ten Stocks
2.3 Code Modification
3 Basic Model Setting
3.1 Backtesting at Different Intervals for Different Stocks
3.2 Optimal Parameter
4 Comparison of Multiple Strategies
4.1 Supertrend vs Buy and Hold and Volatility
4.2 Moving Average
4.3 SPY&TSLA Comparison
5 Conclusion
References
Empirical Evidence Analysis for Portfolio Selection Based on the CAPM Model and the Fama-French 3-Factor & 5-Factor Model
1 Introduction
2 Methodology
2.1 Overview
2.2 Data Progression
2.3 Regression
2.4 Portfolio Selection
3 Results
4 Conclusion
References
An Analysis of Significant Factors that Affect Branford Houses’ Appraised Value
1 Introduction
2 Data Processing
2.1 Extraction of Variables and Selection of Houses
2.2 Calculation of Distance to Coastline and I-95
3 Basic Explorations
3.1 Categorization of Variables
3.2 Plot Explorations
4 Results - Linear Models
4.1 Exploration to Linear Model
4.2 Analysis of Linear Regression Model
5 Conclusion
References
The Impact of Controlling Variate Technique for Calls in the Black-Scholes Model
1 Introduction
2 Data
3 Method
4 Results
5 Discussion
6 Conclusion
References
The Application of Control Variate Technique on the Monte Carlo Simulation Option pricing and Accuracy Check
1 Introduction
2 Data
3 Method
4 Result
5 Conclusion
References
Quantamental Trading: Fundamental and Quantitative Analysis with Multi-factor Regression Model Strategy
1 Introduction
2 Economic Intuition
3 Quantitative Analysis
3.1 Return: Cumulative Return, Annualized Return, Sharpe Ratio, IR, Transaction Cost
3.2 Risk: Volatility, Skewness, Kurtosis, Maximum Drawdown, VaR (95%), VaR (90%), Calmar Ratio, Efficacy
3.3 Correlation: Correlation with Shanghai Composite Index
3.4 Data
3.5 Strategy Detail
4 Development
4.1 Quantitative
4.2 Difference from Expectation
5 Refinement
5.1 Introduction to the Strategy
5.2 Summary of Statistics
5.3 Analysis
6 Conclusion
7 Additional Concern
8 Conclusion
Appendix
References
Applying Trend Following Strategy in Chinese Commodity Futures Market: The Case of the Moving Average Converge Divergence Indicator
1 Introduction
1.1 Strategy Overview
1.2 Performance Estimation
2 Specification
2.1 Qualitative Analysis
2.2 Quantitative Analysis
2.3 Data
2.4 Strategy Detail
3 Implementation
3.1 Results
3.2 Difference from Expectation
4 Refinements
4.1 Implemented
4.2 Results
5 Conclusion
5.1 Final Selection
5.2 Results
5.3 Additional Consideration
6 Trading Recommendation
References
Economic Transformation of Resource-Dependent Cities in Heilongjiang Province from 2013 to 2020
1 Introduction
2 Literature Review
2.1 Study on Resource-Based Cities outside China
2.2 Study on Resource-Based Cities in China
3 Characteristics of the Local Economy
3.1 Nine Resource Cities
3.2 Challenges
4 Progress of Transition
4.1 Data
4.2 Progress
5 Further Issues and Challenges
5.1 Financial Constraints
5.2 Business Environment
5.3 Human Capital Shortage
5.4 Suggestions
6 Conclusion
References
Research on the Applicability of an Improved SIRS Model to Disruption Risk Propagation of Healthcare Supply Chain
1 Introduction
2 Disruption Risk of Supply Chain
3 Analysis of Healthcare Supply Chain Disruption Risk
3.1 Healthcare Supply Chain
3.2 Disruption of Node Companies
3.3 Disruption of the Supply Chain Network
4 SIRS Model
4.1 Introduction
4.2 Basic Schematic Diagram of the SIRS Model
4.3 An Improved SIRS Model
5 Conclusion of Model Applicability
References
Comparison of Investment Risks and Differences in Autonomous Driving in Different Regions Based on EPU
1 Introduction
2 Literature Review
3 The Connotation and Impact of the Global Economic Policy Uncertainty Index
4 Comparison of the Investment Environment of Autonomous Cars in Different Regions
4.1 An Overview of the Current State of the Global Autonomous Car Industry
4.2 Representatives of the Development of the Autonomous Car Industry and Their Performance – Take Tesla as an Example
4.3 The Positive Impact of Policy Support on the Investment Environment of the Autonomous Car Industry
4.4 The Negative Impact of COVID-19 on the Development of the Autonomous Car Industry
5 Conclusion
References
Research on Change in Relationship of American Biotechnology Industry and Pharmaceuticals Industry Due to Covid-19
1 Introduction
2 Data Collection
3 Methods
3.1 Vector Autoregressive Model
4 Results
4.1 Stability Tests for data before Covid-19
4.2 Impulse Response Functions Before Covid-19
4.3 Variance Decomposition before Covid-19
4.4 Stability Tests for Data After Covid-19
4.5 Impulse Response Functions Before Covid-19
4.6 Variance Decomposition After Covid-19
5 Conclusion
References
Research on Prices of Listed Companies in China’s Biochemical Industry
1 Introduction
2 Data and Methods
2.1 Data
2.2 Method
3 Results and Discussion
3.1 VAR Model Stability Test for Certain Stocks
3.2 Impulse Response Function for Certain Stocks
3.3 Variance Decomposition Analysis for Certain Stocks
3.4 VAR Model Stability Test for Industry Index
3.5 Impulse Response Function for Industry Index
4 Conclusion
References
A Comparative Study of Fama-French Five Factor Model and Three Factor Model – A Case Study of CSI 1000
1 Introduction
2 Factor Model
2.1 Fama-French Three Factor Model
2.2 Fama-French Five Factor Model
3 Selection and Processing of Stock Data
4 Factor Construction
5 Empirical Results Analysis
5.1 B/M Grouping Regression Result Analysis
5.2 ROE Grouping Regression Result Analysis
5.3 I/A Grouping Regression Result Analysis
6 Conclusion and Deficiencies
References
The Impact of Russia-Ukraine Conflict and Shanghai Lockdown on Chinese Stock Market
1 Introduction
2 Sample and Methodology
2.1 Data Source
2.2 Methods
3 Results
3.1 Impact of Russia-Ukraine Conflict
3.2 Impact of Shanghai lockdown
3.3 Total Effect of Two Events
3.4 Brief Summary
3.5 Relationship Between CAR and Industry Characteristics
3.6 Trading Strategy
4 Conclusion
Appendix 1
References
Grey System Theory: A Case Study of Analyzing the Economic Growth in Anhui Province, China
1 Introduction
2 Methodology
2.1 Grey Relational Analysis (GRA)
2.2 Grey Modelling (1, 1)
2.3 Rolling-GM (1, 1)
3 Case Study
3.1 Grey Relational Analysis
3.2 Rolling-GM (1,1) Forecast
3.3 Discussion
4 Conclusion
References
Legislative Research on Personal Information Protection: Taking Face Recognition Information as an Example
1 Introduction
2 Current Situation of Personal Biological Information Protection
2.1 The Legal Attribute of Personal Biological Information is not Clear
2.2 The Classification Boundary of Personal Biological Information is not Clear
2.3 Excessive Misuse of Personal Biological Information
3 The Imperfection of China's Current Legal System
3.1 The Concept of Personal Information in China's Present Laws is Unclear
3.2 China's Current Laws have Limited Effect on the Criminal Liability of Infringing Personal Biological Information
3.3 China's Current Laws have Relatively Light Legal Consequences for the Violate of Personal Biological Information
4 Perfecting the Legal System of Personal Information Protection
4.1 Strengthening the Criminal Responsibility of Violating Personal Biological Information
4.2 Properly Improve the Punishment for Infringement of Personal Biological Information
5 Conclusion
References
Portfolio Optimization with Markowitz and Index Model
1 Introduction
2 Stocks
2.1 Industry Outlook
2.2 Stocks
3 Method
3.1 Markowitz Mean-Variance Model
3.2 Index Model
4 Data and Constraints
4.1 Data
4.2 Constraints
5 Data Analysis
5.1 MM Model
5.2 IM Model
5.3 Comparison
6 Conclusion
Appendix
References
Impact of Covid-19 and Its Variants on Chinese Aviation Market—An Event Study
1 Introduction
2 Methodology
2.1 Data Source
2.2 Estimation Window Selection
2.3 Event Window Selection
3 Result and Discussion
4 Conclusion
References
The Impact of China’s New Rural Social Endowment Insurance on China’s Elderly Labor Market
1 Introduction
2 Literature Review
3 Data
4 Analyze
5 Conclusion
References
Analysis of Online Travel Agency Ctrip Financial Risk
1 Introduction
2 Methodology
3 Results and Discussion
3.1 Descriptive Analysis
3.2 Prediction Analysis
4 Conclusion
References
Sentiment Index Construction and the Influence of Sentiments on Returns
1 Introduction
2 Method
2.1 Variables and Data
2.2 Principal Components Analysis
2.3 Linear Regression
2.4 GARCH-M Model
3 Results and Discussion
3.1 Sentiment Index
3.2 The Relationship Between Sentiment Index and Market Return
3.3 The Effect of Sentiment
3.4 Discussion
4 Conclusion
References
Research on the Impact of Macroeconomic Events on the Chinese Stock Market Through the Abnormal Investment Returns
1 Introduction
2 Literature Review
3 Methodology
4 Meeting Effects and Research
5 Conclusion
References
A Comparative Study Between Traditional Algorithms and Machine Learning Algorithms in Predicting Recidivism
1 Introduction
2 Literature Review
3 Methodology
3.1 Procedure
4 Exploratory Data Analysis
4.1 Data Description
4.2 Data Analysis
4.3 Model Building
4.4 Model Checking
5 Result in Discussion
6 Conclusion
6.1 Summary
6.2 Future Work
References
The Effects of Outsourcing: Winners and Losers
1 Introduction
2 Literature Review
3 Methodology
4 Results
4.1 Outsourcing and Income Inequality
4.2 Outsourcing and Wealth Inequality
4.3 Inequality in Job Quality Arising from Outsourcing
4.4 The Inequality from Outsourcing and Its Political Implications
5 Conclusion
References
Analysis of the Effect of Network Media Attention on the Stock Price of ChiNext Market
1 Introduction
2 Research Status at Home and Abroad
3 Theoretical Analysis and Research Assumptions
4 Data Sources and Sample Selection
5 Variable Design
5.1 Explained Variable
5.2 Explanatory Variables
5.3 Control Variable
5.4 Test Model
5.5 Empirical Analysis
5.6 Regression Analysis
6 Conclusion
References
Research on the Impact of Venture Capital on Technological Innovation of New Energy Enterprises in China
1 Introduction
2 Research Method
2.1 Literature Research Method
2.2 Empirical Analysis Method
3 Methodology
3.1 Data Collection
3.2 Research Hypothesis
3.3 Explained Variable
3.4 Explanatory Variable
3.5 Model Setting
4 Results
5 Conclusion
References
Prediction of the Exchange Rate Between USD and CNY Using ARIMA Model
1 Introduction
1.1 A Subsection Sample
2 Methods
2.1 Model
2.2 Databases
2.3 Data Analysis
3 Results Analysis
3.1 White Noise Examination
4 Conclusion
References
The Impact of Different Phases of COVID-19 on the Airline, Financial Services, and Healthcare Industry
1 Introduction
2 Data and Method
3 Results and Discussion
3.1 Airline Industry
3.2 Financial Services
3.3 Healthcare
3.4 Comparison
4 Limitations and Prospects
5 Conclusion
References
Influence of the Real Exchange Rate on Economic Growth
1 Introduction
2 Literature Review
3 Methodologies
4 Building the Model
4.1 Selection of Variables
4.2 Model Settings
4.3 The Dataset
4.4 Final Model and Conclusions
4.5 Checking the Model
5 Discussion
5.1 The Discrepancy Between Rich and Poor Countries
5.2 Lagging Effect
6 Policy Implications
7 Conclusion
References
A Cross-National Examination of the Determinants for Covid 19 Vaccination Rates
1 Introduction
2 Literature Review and Conceptual Frameworks
3 Hypothesis
4 Methodological Choices
5 Discussion
6 Conclusion
References
An Early Warning Analysis of Pharmaceutical Listed Companies: Based on PCA and Factor Analysis Method
1 Introduction
2 Methodology
2.1 Sample and Data
2.2 Index Selection
2.3 KMO Sample Detection and Bartlett Sphere Test
3 Results and Discussion
3.1 Principal Component Analysis and Factor Analysis
3.2 Risk Level Result
3.3 Discussion
4 Conclusion
References
Risk Analysis with Monte Carlo Simulation on the Price of Carbon Market in China
1 Introduction
2 Methodology
2.1 Data Source
2.2 Methodology
3 Results and Discussion
4 Conclusion
References
Identifying Macroeconomic Shocks on House Sales: Evidence from China
1 Introduction
2 Data
2.1 Monthly Data
2.2 Descriptive Statistics and Visualization
3 Methodology
3.1 Model Selection
3.2 Model Specification
4 Empirical Results
4.1 Test for Stationarity
4.2 Lag Selection
4.3 Granger Causality
4.4 VAR Estimations
4.5 Impulse Response
4.6 Variance Decomposition
5 Discussion
6 Conclusion
References
Analysis on Factors Affecting Financial Industry Annual Profit Based on Linear Regression Model
1 Introduction
2 Method
2.1 Sample and Data
2.2 Research Approach
3 Result and Discussion
3.1 Result
3.2 Discussion
4 Conclusion
References
How Did COVID Affect Regional GDP Growth?
1 Introduction
2 Literature Review
3 Data
4 Data Analysis
4.1 Pattern 1: In Most Sample Countries, the More Developed the Economy with Low COVID Deaths in 2020, and Takes up the Higher the Percentage of Total Mortality in 2019
4.2 Pattern 2: Negative Correlation Between COVID Death and GDP Growth
4.3 Pattern 3: The Countries in Real GDP, PPP GDP, Nominal GDP Show an Irregular Growth Fluctuation, and with Large Gap in GDP Growth Rates from 2020 to 2021 are Mainly in Mid and High COVID Death Group
4.4 Summary
4.5 COVID Plunges Asian Region into Inflation Crisis
5 Conclusion
References
Portfolio with Asset-Allocation Strategies in the Electric Vehicle Industry
1 Introduction
2 Industry Performance
3 Methodology
4 Model Construction and Algorithm Explanation
4.1 Equal Weight Model
4.2 Market Capitalization Model
4.3 Mean-Variance Model
4.4 Maximum Sharpe Ratio Model
5 Results Presentation and Interpretation
5.1 Assumptions
5.2 Results Chart
5.3 Performance Comparison
6 Investigating Stocks with Positive Weights in the Maximum Sharpe Ratio Model
7 Limitations of the Strategies
8 Conclusion
References
Tripartite Evolutionary Game Analysis of Green Financing for SMEs: A Case Study of China
1 Introduction
1.1 Research Background and Significance
1.2 Literature Review
2 Construction and Analysis of the Evolutionary Game Model
2.1 Model Description
2.2 Model Building
3 Results
3.1 Matrix Analysis of the Game
3.2 Suggestions
4 Conclusions
References
Analysis of Dual Moving Average Strategy
1 Introduction
2 Literature Review
3 Data
3.1 Description
3.2 Preprocessing
4 Data Analysis and Result
4.1 Model
4.2 Analysis
5 Conclusion
References
Pricing Strategy of Russian and European Gas Supply Based on Game Theory
1 Introduction
2 Review of Russian-European Supply Chain
2.1 A Review of the Russian-European Supply Chain
2.2 Influence of Russia-Ukraine War on European Natural Gas
2.3 Study Natural Gas Pricing Mechanism with Game Model
3 Methodology
3.1 Problem Description
3.2 Conceptual Model
3.3 Hypothesis
3.4 Model Description
3.5 Game Description
4 Decision-Making Model for Each Stakeholder in the Natural Gas Market
4.1 The Situation When the Russia Natural Gas Company is Dominant
4.2 The Situation when Ukrainian Pipeline Company is Dominant
4.3 The Situation when the European Market is Dominant
4.4 In the Common Game Situation
5 Results
6 Conclusion
References
Author Index