Search results

Understandings of house prices and their interrelationships have undoubtedly drawn a great amount of attention from various market participants. This study aims to investigate the monthly newly-built residential house price indices of seventy Chinese cities during a 10-year period spanning January 2011–December 2020 for understandings of issues related to their interdependence and synchronizations.

Analysis here is facilitated through network analysis together with topological and hierarchical characterizations of price comovements.

This study determines eight sectoral groups of cities whose house price indices are directly connected and the price synchronization within each group is higher than that at the national level, although each shows rather idiosyncratic patterns. Degrees of house price comovements are generally lower starting from 2018 at the national level and for the eight sectoral groups. Similarly, this study finds that the synchronization intensity associated with the house price index of each city generally switches to a lower level starting from early 2019.

Results here should be of use to policy design and analysis aiming at housing market evaluations and monitoring.

To the best of our knowledge, no study has examined credit cycle synchronizations in the context of emerging economies. Studying the credit cycles synchronization across BRICS (Brazil, Russia, India, China and South Africa) countries is crucial given the magnitude of trade and financial integration among member counties. The enormity of the trade and financial linkages among BRICS countries and growth spillovers from emerging economies to advanced and low-income countries provide the rationale and motivation to study the synchronization of credit cycles across BRICS.

The study investigates the credit cycles coherence across BRICS economies from 1996Q2 to 2020Q4. The synchronization analysis is done using the noval wavelet approach. The analysis examines not only the coherence but also the extent of credit cycle synchronization that varies across frequencies and over time among different pairs of nations.

The authors find heterogeneity in the credit cycles' synchronization among the member nations. China and India are very much in sync with the other BRICS countries. China's high-frequency credit cycle mostly leads the other countries' credit cycles before the global financial crisis and shows a mix of lead/lag relationships post-financial crisis. Interestingly, most of the time, India's low-frequency credit cycles lead the member countries' credit cycles, and Brazil's low frequency credit cycle lag behind the other BRICS countries' credit cycles, except for Russia. The results are crucial from the macroprudential policymaker's perspective.

The empirical design is applicable to a similar set of countries and may not directly fit each emerging economy.

The findings will help understand the marked deepening of trade, technology, investment and financial interdependence across the world. BRICS acronym requires no introduction, but such analysis may help understand the interaction at the monetary policy level.

This is the first study that highlights the need to understand the credit variable interactions for BRICS nations.

This article offers a review of the literature on regional business cycles (BCs) in emerging economies. The objective is synthesizing the existing studies based on theoretical, empirical and methodological approaches.

The methodological framework includes the following stages: research questions, bibliography location, the selection of articles and the evaluation of the literature, analysis and synthesis, and the reporting and use of results.

The evidence suggests that expansionary phases last longer than recessions'; public expenditure shows a pro-cyclical behavior; and factors such as productive structure and international trade explain the synchronization of regional BCs.

Up until now, there is no research that performs a review of regional BCs in emerging economics.

This paper aims to study that for multi-agent systems, how to find proper control protocols to ensure synchronization when the input set of each agent is not the whole real axis but a discrete set, and how the coarseness of imprecise input sets affect the synchronization control of the multi-agent systems.

The paper uses a relative state feedback method and non-linear mapping functions to design a proper control protocol which matches the coarseness of the input set and ensures synchronization. For theoretical analysis, the paper uses an error analysis method and mathematic induction to prove the effectiveness of the designed control protocol. The paper also uses a numerical example to show the correctness of the theoretical results.

The paper provides a method for protocol design when the input set of each agent is imprecise. The paper establishes a bi-direction relationship which suffices for synchronization between the coarseness of the input set and the synchronization precision, and finds that this relationship describes how the coarseness of the input set affects the synchronization control of the multi-agent system.

This paper only studies the case with logarithmically distributed and uniformly distributed discrete input sets. The authors are encouraged to study the synchronization control of multi-agent systems under input sets with more general distributions.

The paper includes implications for coordination control of multi-agent networks when the actuator of each agent is with a limited capacity, which leads to the case of discrete input sets with limit precision.

This paper fulfils an identified need to study how the coarseness of the input set of each agent affects the synchronization control of the whole multi-agent system.

New maintenance hypotheses such as lean smart maintenance emphasized internal integration. Since the maintenance process is not fully integrated with other business processes, it indicates that some of the problems in the maintenance process are caused by other departments. Additionally, nothing can be managed or improved without first measuring it. In order to enhance internal integration, this study developed a model that makes use of information systems data to examine synchronization and collaboration across departments engaged in maintenance operations.

This research connects maintenance management and business process management through information systems. A conceptual module model based on CMMS is proposed that will use data which are already available in CMMS and, using process mining, will assess the level of synchronization between departments within an organization.

This conceptual model will serve as a roadmap for creating better value-added CMMS software. This system operates as a performance measurement tool in three majors, including organizational analysis, workflow analysis and eventually, a future simulation of maintenance processes. This module will serve as a decision support system, highlighting opportunities for improvement in maintenance processes.

A practical guideline is provided for the future development of CMMSs and their enhancement to intelligence. All assumptions are based on maintenance theories, techniques for measuring maintenance performance and business process management and process mining.

As the strategy of 5G new infrastructure is deployed and advanced, 5G-R becomes the primary technical system for future mobile communication of China’s railway. V2V communication is also an important application scenario of 5G communication systems on high-speed railways, so time synchronization between vehicles is critical for train control systems to be real-time and safe. How to improve the time synchronization performance in V2V communication is crucial to ensure the operational safety and efficiency of high-speed railways.

This paper proposed a time synchronization method based on model predictive control (MPC) for V2V communication. Firstly, a synchronous clock for V2V communication was modeled based on the fifth generation mobile communication-railway (5G-R) system. Secondly, an observation equation was introduced according to the phase and frequency offsets between synchronous clocks of two adjacent vehicles to construct an MPC-based space model of clock states of the adjacent vehicles. Finally, the optimal clock offset was solved through multistep prediction, rolling optimization and other control methods, and time synchronization in different V2V communication scenarios based on the 5G-R system was realized through negative feedback correction.

The results of simulation tests conducted with and without a repeater, respectively, show that the proposed method can realize time synchronization of V2V communication in both scenarios. Compared with other methods, the proposed method has faster convergence speed and higher synchronization precision regardless of whether there is a repeater or not.

This paper proposed an MPC-based time synchronization method for V2V communication under 5G-R. Through the construction of MPC controllers for clocks of adjacent vehicles, time synchronization was realized for V2V communication under 5G-R by using control means such as multistep prediction, rolling optimization, and feedback correction. In view of the problems of low synchronization precision and slow convergence speed caused by packet loss with existing synchronization methods, the observer equation was introduced to estimate the clock state of the adjacent vehicles in case of packet loss, which reduces the impact of clock error caused by packet loss in the synchronization process and improves the synchronization precision of V2V communication. The research results provide some theoretical references for V2V synchronous wireless communication under 5G-R technology.

With the development of integrated circuit and communication technology, digital secure communication has become a research hotspot. This paper aims to design a five-dimensional fractional-order chaotic secure communication circuit with sliding mode synchronous based on microcontroller (MCU).

First, a five-dimensional fractional-order chaotic system for encryption is constructed. The approximate numerical solution of fractional-order chaotic system is calculated by Adomian decomposition method, and the phase diagram is obtained. Then, combined with the complexity and 0–1 test algorithm, the parameters of fractional-order chaotic system for encryption are selected. In addition, a sliding mode controller based on the new reaching law is constructed, and its stability is proved. The chaotic system can be synchronized in a short time by using sliding mode control synchronization.

The electronic circuit is implemented to verify the feasibility and effectiveness of the designed scheme.

It is feasible to realize fractional-order chaotic secure communication using MCU, and further reducing the synchronization error is the focus of future work.

The purpose of this paper is to develop new four-dimensional (4D) hyperchaotic system by adding another state variable and linear controller to three-dimensional T chaotic dynamical systems. Its dynamical analyses, circuit experiment, control and synchronization applications are presented.

A new 4D hyperchaotic attractor is achieved through a simulation, circuit experiment and mathematical analysis by obtaining the Lyapunov exponent spectrum, equilibrium, bifurcation, Poincaré maps and power spectrum. Moreover, hardware experimental measurements are performed and obtained results well validate the numerical simulations. Also, the passive control method is presented to make the new 4D hyperchaotic system stable at the zero equilibrium and synchronize the two identical new 4D hyperchaotic system with different initial conditions.

The passive controllers can stabilize the new 4D chaotic system around equilibrium point and provide the synchronization of new 4D chaotic systems with different initial conditions. The findings from Matlab simulations, circuit design simulations in computer and physical circuit experiment are consistent with each other in terms of comparison.

The 4D hyperchaotic system is presented, and dynamical analysis and numerical simulation of the new hyperchaotic system were firstly carried out. The circuit of new 4D hyperchaotic system is realized, and control and synchronization applications are performed.

This paper aims to introduce a novel four-dimensional hyper-chaotic system with different hyper-chaotic attractors as certain parameters vary. The typical dynamical behaviors of the new hyper-chaotic system are discussed in detail. The control problem of these hyper-chaotic attractors is also investigated analytically and numerically. Then, two novel electronic circuits of the proposed hyper-chaotic system with different parameters are presented and realized using physical components.

The adaptive control method is derived to achieve chaotic synchronization and anti-synchronization of the novel hyper-chaotic system with unknown parameters by making the synchronization and anti-synchronization error systems asymptotically stable at the origin based on Lyapunov stability theory. Then, two novel electronic circuits of the proposed hyper-chaotic system with different parameters are presented and realized using physical components. Multisim simulations and electronic circuit experiments are consistent with MATLAB simulation results and they verify the existence of these hyper-chaotic attractors.

Comparisons among MATLAB simulations, Multisim simulation results and physical experimental results show that they are consistent with each other and demonstrate that changing attractors of the hyper-chaotic system exist.

The goal of this paper is to construct a new four-dimensional hyper-chaotic system with different attractors as certain parameters vary. The adaptive synchronization and anti-synchronization laws of the novel hyper-chaotic system are established based on Lyapunov stability theory. The corresponding electronic circuits for the novel hyper-chaotic system with different attractors are also implemented to illustrate the accuracy and efficiency of chaotic circuit design.

The purpose of this paper is to promote decision-making structures between the customer and the supplier in a highly uncertain environment. This phenomenon of demand-supply chain synchronisation includes sharing of high-quality and timely demand and supply information in order to improve the quality and speed of decision-making.

The study was carried out as an abductive case study, which started from empirical observations that did not match the prior theoretical framework. Through abductive reasoning and empirical experiments, the prior framework was extended to a new synchronisation model and tools that better accommodate the observed need.

A new co-innovation toolbox was developed to create common understanding of demand-supply chain synchronisation between the customer and the supplier. The toolbox includes Demand Visibility Point-Demand Penetration Point, Supply Visibility Point–Supply Penetration Point and Integrative Synchronisation tools.

The study extends the current models and tools of demand-supply chain synchronisation. With the new toolbox, the development needs of decision-making structures can be identified more comprehensively than with the current tools.

The developed visual toolbox helps partners create a common understanding of problems and development possibilities in demand-supply chain synchronisation in a highly uncertain environment. Common understanding is a starting point for changing decision-making structures to improve the overall performance of a demand-supply chain.

The new toolbox is both more comprehensive and more detailed than the previous tools.