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Article
Publication date: 28 May 2024

Guang-Zhi Zeng, Zheng-Wei Chen, Yi-Qing Ni and En-Ze Rui

Physics-informed neural networks (PINNs) have become a new tendency in flow simulation, because of their self-advantage of integrating both physical and monitored information of…

Abstract

Purpose

Physics-informed neural networks (PINNs) have become a new tendency in flow simulation, because of their self-advantage of integrating both physical and monitored information of fields in solving the Navier–Stokes equation and its variants. In view of the strengths of PINN, this study aims to investigate the impact of spatially embedded data distribution on the flow field results around the train in the crosswind environment reconstructed by PINN.

Design/methodology/approach

PINN can integrate data residuals with physical residuals into the loss function to train its parameters, allowing it to approximate the solution of the governing equations. In addition, with the aid of labelled training data, PINN can also incorporate the real site information of the flow field in model training. In light of this, the PINN model is adopted to reconstruct a two-dimensional time-averaged flow field around a train under crosswinds in the spatial domain with the aid of sparse flow field data, and the prediction results are compared with the reference results obtained from numerical modelling.

Findings

The prediction results from PINN results demonstrated a low discrepancy with those obtained from numerical simulations. The results of this study indicate that a threshold of the spatial embedded data density exists, in both the near wall and far wall areas on the train’s leeward side, as well as the near train surface area. In other words, a negative effect on the PINN reconstruction accuracy will emerge if the spatial embedded data density exceeds or slips below the threshold. Also, the optimum arrangement of the spatial embedded data in reconstructing the flow field of the train in crosswinds is obtained in this work.

Originality/value

In this work, a strategy of reconstructing the time-averaged flow field of the train under crosswind conditions is proposed based on the physics-informed data-driven method, which enhances the scope of neural network applications. In addition, for the flow field reconstruction, the effect of spatial embedded data arrangement in PINN is compared to improve its accuracy.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0961-5539

Keywords

Open Access
Article
Publication date: 20 May 2024

Sharneet Singh Jagirdar and Pradeep Kumar Gupta

The present study reviews the literature on the history and evolution of investment strategies in the stock market for the period from 1900 to 2022. Conflicts and relationships…

Abstract

Purpose

The present study reviews the literature on the history and evolution of investment strategies in the stock market for the period from 1900 to 2022. Conflicts and relationships arising from such diverse seminal studies have been identified to address the research gaps.

Design/methodology/approach

The studies for this review were identified and screened from electronic databases to compile a comprehensive list of 200 relevant studies for inclusion in this review and summarized for the cognizance of researchers.

Findings

The study finds a coherence to complex theoretical documentation of more than a century of evolution on investment strategy in stock markets, capturing the characteristics of time with a chronological study of events.

Research limitations/implications

There were complications in locating unpublished studies leading to biases like publication bias, the reluctance of editors to publish studies, which do not reveal statistically significant differences, and English language bias.

Practical implications

Practitioners can refine investment strategies by incorporating behavioral finance insights and recognizing the influence of psychological biases. Strategies span value, growth, contrarian, or momentum indicators. Mitigating overconfidence bias supports effective risk management. Social media sentiment analysis facilitates real-time decision-making. Adapting to evolving market liquidity curbs volatility risks. Identifying biases guides investor education initiatives.

Originality/value

This paper is an original attempt to pictorially depict the seminal works in stock market investment strategies of more than a hundred years.

Details

China Accounting and Finance Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1029-807X

Keywords

Article
Publication date: 28 May 2024

Malihe Ashena and Ghazal Shahpari

The significance of this research lies in providing an understanding of how economic conditions, including financial development, informal economic activities and economic…

Abstract

Purpose

The significance of this research lies in providing an understanding of how economic conditions, including financial development, informal economic activities and economic uncertainty, influence carbon emissions and tries to offer valuable insights for policymakers to promote sustainable development.

Design/methodology/approach

The Panel-ARDL method is employed for a group of 30 developing countries from 1990 to 2018. This study analyzes the data obtained from the World bank, International Monetary Fund and World Uncertainty databases.

Findings

Based on the empirical results of the extended model, an increase in GDP and energy intensity is associated with an 83 and 14% increase in carbon emissions, respectively. Conversely, a 1% increase in financial development and economic uncertainty is linked to significant decrease in carbon emissions (about 47 and 23%, respectively). Finally, an increase in the informal economy can lead to a negligible yet significant decrease in carbon emissions. These results reveal that financial development plays an effective role in reducing CO2 emissions. Moreover, while economic uncertainty and informal economy are among unfavorable economic conditions, they contribute in CO2 reduction.

Practical implications

Therefore, fostering financial development and addressing economic uncertainty are crucial for mitigating carbon emissions, while the impact of informal economy on emissions, though present, is relatively negligible. Accordingly, policies to control uncertainty and reduce the informal economy should be accompanied by environmental policies to avoid increase in emissions.

Originality/value

The originality of this paper lies in its focus on fundamental changes in the economic environment such as financial development, economic uncertainty, and informal activities as determinants of carbon emissions. This perspective opens up new avenues for understanding the intricate relationship between carbon emissions and economic factors, offering unique insights previously unexplored in the literature.

Details

Management of Environmental Quality: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 24 May 2024

Wenchang Wu, Zhenguo Yan, Yaobing Min, Xingsi Han, Yankai Ma and Zhong Zhao

The purpose of the present study is to develop a new numerical framework that can predict the supersonic base flow more accurately, including the development of axisymmetrically…

Abstract

Purpose

The purpose of the present study is to develop a new numerical framework that can predict the supersonic base flow more accurately, including the development of axisymmetrically separated shear layer and recompression shock. To this end, two aspects are improved and combined, i.e. a newly self-adaptive turbulence eddy simulation (SATES) turbulence modeling method and a high-order discretization numerical scheme. Furthermore, the performance of the new numerical framework within a general-purpose PHengLEI software is assessed in detail.

Design/methodology/approach

Satisfactory prediction of the supersonic separated shear layer with unsteady wake flow is quite challenging. By using a unified turbulence model called SATES combining high-order accurate discretization numerical schemes, the present study first assesses the performance of newly developed SATES for supersonic axisymmetric separation flows. A high-order finite differencing-based compressible computational fluid dynamics (CFD) code called PHengLEI is developed and several different numerical schemes are used to investigate the effects on shock-turbulence interactions, which include the monotonic upstream-centered scheme for conservation laws (MUSCL), weighted compact nonlinear scheme (WCNS) and hybrid cell-edge and cell-node dissipative compact scheme (HDCS).

Findings

Compared with the available experimental data and the numerical predictions, the results of SATES by using high-order accurate WCNS or HDCS schemes agree better with the experiments than the results by using the MUSCL scheme. The WCNS and HDCS can also significantly improve the prediction of flow physics in terms of the instability of the annular shear layer and the evolution of the turbulent wake.

Research limitations/implications

The small deviations in the recirculation region can be found between the present numerical results and experimental data, which could be caused by the inaccurate incoming boundary layer condition and compressible effects. Therefore, a proper incoming boundary layer condition with turbulent fluctuations and compressibility effects need to be considered to further improve the accuracy of simulations.

Practical implications

The present study evaluates a high-order discretization-based SATES turbulence model for supersonic separation flows, which is quite valuable for improving the calculation accuracy of aeronautics applications, especially in supersonic conditions.

Originality/value

For the first time, the newly developed SATES turbulence modeling method combining the high-order accurate WCNS or HDCS numerical schemes is implemented on the PHengLEI software and successfully applied for the simulations of supersonic separation flows, and satisfactory results are obtained. The unsteady evolutions of the supersonic annular shear layer are analyzed, and the hairpin vortex structures are found in the simulation.

Details

Engineering Computations, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0264-4401

Keywords

Open Access
Article
Publication date: 24 May 2024

Swapan Deep Arora

While service failures and recoveries (SFR) constitute a well-explored research domain, such negative consumption experiences have been understudied in the luxury context. The…

Abstract

Purpose

While service failures and recoveries (SFR) constitute a well-explored research domain, such negative consumption experiences have been understudied in the luxury context. The current study undertakes a systematic review to capture current knowledge and stimulate research in this vital domain.

Design/methodology/approach

This study adopts a systematic literature review methodology and employs the Theory-Context-Characteristics-Methods (TCCM) framework.

Findings

Guiding theories, industry and national contexts, relevant constructs and their relationships, and research methods employed in studying SFR in luxury consumption are identified and synthesized.

Originality/value

A comparative analysis of the luxury SFR with broader extant knowledge is offered. Further, hospitality is revealed as the dominant context, meriting its emphasis.

Details

International Hospitality Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2516-8142

Keywords

Article
Publication date: 28 May 2024

Peterson Ozili and Olajide Oladipo

We investigate the impact of private credit expansion and contraction on the unemployment rate in Economic Community of West African States (ECOWAS) countries.

Abstract

Purpose

We investigate the impact of private credit expansion and contraction on the unemployment rate in Economic Community of West African States (ECOWAS) countries.

Design/methodology/approach

Credit expansion and contraction are measured using a three-level criterion. The fixed effect panel regression model was used to estimate the impact of private credit contraction and expansion on the unemployment rate in ECOWAS countries.

Findings

Private credit contraction significantly increases the unemployment rate in ECOWAS countries. Private credit expansion does not have a significant effect on the unemployment rate. Real GDP growth has a significant negative effect on the unemployment rate which supports the prediction of the Okun’s Law while the inflation rate has a positive and insignificant effect on the rate of unemployment in ECOWAS countries which contradicts the prediction of the Phillips curve.

Practical implications

Policymakers in ECOWAS countries need to be cautious when introducing policies that lead to private credit contraction as it could increase unemployment. Policymakers in ECOWAS countries should also find the “threshold” below which private credit contraction will worsen the unemployment rate and introduce policy measures to ensure that private credit contraction does not fall below the threshold.

Originality/value

The literature has not examined the factors leading to tight labor markets or unemployment in West African countries.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-12-2023-0939.

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 20 May 2024

Ziming Gao

Since smartphones became ubiquitous, online grocery and food purchases through take-away delivery platforms have steadily increased in China. Nevertheless, whether the development…

Abstract

Purpose

Since smartphones became ubiquitous, online grocery and food purchases through take-away delivery platforms have steadily increased in China. Nevertheless, whether the development of take-away delivery can ameliorate urban–rural wage inequality still requires further analysis. The purpose of this paper is to clarify whether this positive effect exists.

Design/methodology/approach

This paper makes estimations based on city and individual levels combining the Chinese Household Income Project (CHIP) 2008, CHIP 2013, CHIP2018 survey data and the take-away delivery site data. At the city level, the Oaxaca-Blinder (O-B) decomposition method is employed to construct wage inequality index of urban and rural labors. At the individual level, this paper analyzes urban–rural wage differentials with high or low formal education level.

Findings

The rapid establishment of take-away delivery sites has resulted in an increase of 52.425 yuan on average in the annual wage of rural labors with low formal education level. When the cumulative number of sites increases by 1 unit, the annual wage inequality index decreases by 0.007 on average. Labors with the characteristics of rural household registration and low education can enjoy more dividends. Through inter-/within-industry decomposition, this paper elaborates formal education, age and cross-industry transfer as the main factors for the improvement of urban–rural wage inequality. Narrowing effect of wage differences between different groups in multiple sample slices also contributes to the mechanism analyses.

Originality/value

To the best of the author’s knowledge, this paper is the first to analyze the impact of take-away delivery development on the urban–rural wage inequality from the perspective of the establishment of take-away delivery sites. This empirical study will enrich the existing theoretical perspectives on urban–rural divide under the emergence of new forms of employment. The results indicate that new forms of employment represented by take-away delivery can not only promote economic growth, but also eliminate urban–rural inequality.

Details

China Agricultural Economic Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 23 May 2024

Thi Hong Minh Thai

The agriculture sector is crucial for all economies, especially the developing ones. However, agricultural production is influenced by government intervention, which outshines the…

Abstract

Purpose

The agriculture sector is crucial for all economies, especially the developing ones. However, agricultural production is influenced by government intervention, which outshines the significant role of good governance indicators in agricultural productivity. In addition to this, the major climate changes also posed various challenges and led to water shortages and yield losses. Thus affecting agricultural production. In this paper, we address the issue by determining the association between state governance and agricultural productivity in N-11 countries.

Design/methodology/approach

Panel data have been collected from 2000 to 2021 through the Governance Indicator, World Development Indicator and World Bank databases. For data analysis, the researcher has utilized the autoregressive distributed lag (ARDL) estimations.

Findings

Through ARDL estimations, it is suggested that corruption (CC), employment in agriculture (EAG), political stability and violence absence (PS), rule of law (RL), regulatory equality (RQ) and water quality (WQ) significantly impact agricultural productivity (AGP) in the long run. In the short run, the impact of RL on AGP has been significant.

Research limitations/implications

This study follows the method of data collection from secondary sources, which hinders the effectiveness of this study as, on the basis of the respective data, the potential of the researcher to get specific answers to research questions has been affected. Also, this study examines the context of N-11 countries from 2000 to 2021, which exerts a geographical limitation. While exploring the association between state governance and agricultural productivity, this study neglects the internal aspects of implementing state policies in firms.

Originality/value

On practical grounds, the significant association demonstrated by this study encourages agricultural firms to keenly consider state policies to gain sustainable agricultural development. Moreover, this study encourages agricultural firms to efficiently follow governance policies for efficient productivity. The outcomes of the study have shown that agricultural employment and governance infrastructure can efficiently enhance agricultural productivity. Besides, as per the results, water quality also positively impacts agricultural productivity; thus, relevant steps can be taken by the agricultural sector to improve the quality of water.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 27 May 2024

Si Yee Tiew

The administration of a contract by the architect is necessary to ensure the contract is performed according to the conditions of the contract, compliance with related laws and…

Abstract

Purpose

The administration of a contract by the architect is necessary to ensure the contract is performed according to the conditions of the contract, compliance with related laws and the practices of the construction industry. With the increasing number of housing projects and the limited number of registered architects in the nation, the architect is unable to be hands-on with every project. Hence, the involvement of graduate architects to reduce the workload in building contract administration (BCA) is required. The purpose of this paper is to develop a BCA framework for graduate architects to enhance their work performance in BCA work and to assist them in moving a step closer to acquiring their professional qualifications.

Design/methodology/approach

This study adopted a qualitative method where seven housing projects in Malaysia were selected as case studies to conduct documentation reviews and semistructured interviews. The data collected was analyzed using content analysis to develop the BCA framework. Focus groups were used to validate the framework.

Findings

This study summarized there are 5 themes (claims and legal matters management, project management, communication and relationship management, quality assessment and management, and design management) and 11 sub-themes (authority matters, building certification, meetings, coordination checklist, letter-writing, contract documentation, building material, design brief, building sustainability and workmanship quality standard, contractor’s submission and building details) that need to be improved by graduate architects in BCA work.

Originality/value

The contribution of this study to the existing knowledge is the development of a BCA framework that enables graduate architects to get a glimpse of architectural professional practice in reality and better prepare them to confront and resolve problems. Besides, the proposed framework could be incorporated into a pedagogy focusing on methods to support construction contract administrators.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 28 May 2024

Guillaume Morlet and Katherine Caves

We investigate whether women are more likely than men to choose to pursue a competency-based labour market integration programme, rather than the time-based labour market…

Abstract

Purpose

We investigate whether women are more likely than men to choose to pursue a competency-based labour market integration programme, rather than the time-based labour market integration programme. We further investigate whether women with existing but uncertified skills are even more likely to pursue a competency-based labour market integration programme.

Design/methodology/approach

We test our hypotheses using ordinary least squares applied to linear probability models. We discuss the relative advantages of this methodology. We show the robustness of our results through multiple specifications and estimation methods. Finally, we discuss the reasons preventing us from granting our results a causal interpretation and discuss how they are surmountable in future research.

Findings

Women are significantly more likely to enrol into competency-based programmes, relative to time-based. Women with existing but uncertified skills are significantly more likely to enrol into competency-based programmes, whereas women without skills or with college degrees are not significantly different from the baseline. Our findings are robust to various specifications, and we include a comprehensive set of fixed-effect vectors, addressing industrial, occupational and time-varying state specificities.

Research limitations/implications

First, our empirical test of hypothesis H2 is hindered by the construction of the “some college or associate’s degree” variable in RAPIDS data. “Some college” is very different from an associate’s degree. Second we had to choose between omitted variable bias and selection bias. Because of the demonstrated importance of the occupation and industry variables in existing literature, we included those variables at the risk of selection bias. Occupation and industry fixed effects reduce, but do not eliminate, omitted variable bias. Finally, the third limitation of this paper is external validity. Registered Apprenticeship programmes are quite idiosyncratic to the United States.

Social implications

The rollout and expansion of CBRA may thus be an avenue through policymakers may reduce the gender training gap. This may in turn give more women access to the labour market and allow more women to benefit from the “wage premia” of Registered Apprenticeship completion on the labour market (Lou and Hawley, 2019).

Originality/value

This article is the first that applies econometric methods to investigate women’s choices of labour market integration programmes, using Registered Apprenticeship as a case study. We discuss the implications of our findings, highlighting how competency-based programmes may be an approach to better serving more diverse populations in Registered Apprenticeship.

Details

Evidence-based HRM: a Global Forum for Empirical Scholarship, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2049-3983

Keywords

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