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1 – 10 of 202
Open Access
Article
Publication date: 3 September 2020

Zhaosu Meng, Xiaotong Liu, Kedong Yin, Xuemei Li and Xinchang Guo

The purpose of this paper is to examine the effectiveness of an improved dummy variables control grey model (DVCGM) considering the hysteresis effect of government policies in…

1273

Abstract

Purpose

The purpose of this paper is to examine the effectiveness of an improved dummy variables control grey model (DVCGM) considering the hysteresis effect of government policies in China's energy intensity (EI) forecasting.

Design/methodology/approach

Energy consumption is considered as an important driver of economic development. China has introduced policies those aim at the optimization of energy structure and EI. In this study, EI is forecasted by an improved DVCGM, considering the hysteresis effect of energy-saving policies of the government. A nonlinear optimization method based on particle swarm optimization (PSO) algorithm is constructed to calculate the hysteresis parameter. A one-step rolling mechanism is applied to provide input data of the prediction model. Grey model (GM) (1, N), DVCGM (1, N) and ARIMA model are applied to test the accuracy of the improved DVCGM (1, N) model prediction.

Findings

The results show that the improved DVCGM provides reliable results and works well in simulation and predictions using multivariable data in small sample size and time-lag virtual variable. Accordingly, the improved DVCGM notes the hysteresis effect of government policies and significantly improves the prediction accuracy of China's EI than the other three models.

Originality/value

This study estimates the EI considering the hysteresis effect of energy-saving policies in China by using an improved DVCGM. The main contribution of this paper is to propose a model to estimate EI, considering the hysteresis effect of energy-saving policies and improve forecasting accuracy.

Details

Grey Systems: Theory and Application, vol. 11 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

Open Access
Article
Publication date: 25 July 2023

Haojun Xu and Na Li

The purpose of this paper is to explore the internal interaction mechanism of marine scientific research and education, industrial structure upgrading and marine economic growth…

Abstract

Purpose

The purpose of this paper is to explore the internal interaction mechanism of marine scientific research and education, industrial structure upgrading and marine economic growth from a systematic perspective, based on which this work forecasts their future development trends.

Design/methodology/approach

In this study, a multivariate grey model is applied to the prediction of marine scientific research and education, industrial structure upgrading and marine economic growth. Considering the impact of the COVID-19 on marine development, this paper introduces the weakening buffer operator into MGM(1,m) and constructs the AWBO-MGM(1,m) model. To verify the validity and accuracy of the new model, this paper uses AWBO-MGM(1,m), MGM(1,m), GM(1,N), GM(1,1), back propagation neural network and linear regression models for simulation and prediction based on the data from 2010 to 2021, respectively.

Findings

From the theoretical perspective, the development of marine scientific research and education can accelerate industrial upgrading and promote marine economic growth by providing high-quality talents, promoting marine science and technology progress and reducing transaction costs; while the upgrading of marine industrial structure and marine economic growth can promote the development of marine scientific research and education by guiding social capital, enhancing talent demand and stimulating market vitality. From the empirical analysis, the AWBO-MGM(1,m) model can effectively deal with epidemic shocks and has higher fitting and prediction accuracy than the other five comparative models.

Practical implications

The government should pay attention to the construction of marine scientific research and education, so as to provide high-quality talents and advanced scientific research results for the high-quality development of marine economy. On the basis of using science and technology to firmly build the primary and secondary marine industries, the government should actively guide the labor, capital and other factors of production to the tertiary industry, thereby promoting the optimization and upgrading of marine industrial structure.

Originality/value

On the one hand, the interplay mechanism of marine scientific research and education, industrial structure upgrading and marine economic growth is analyzed from a systematic perspective; on the other hand, the enhanced AWBO-MGM(1,m) possesses higher forecasting performance and is applicable to the systemic multivariate forecasting problem in the presence of outstanding external shocks.

Details

Marine Economics and Management, vol. 6 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 22 October 2019

Li Xuemei, Yun Cao, Junjie Wang, Yaoguo Dang and Yin Kedong

Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey…

3180

Abstract

Purpose

Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review literature on grey models, providing new directions in their application in the marine economy.

Design/methodology/approach

This paper organized seminal studies on grey systems published by Chinese core journal database – CNKI, Web of Science and Elsevier from 1982 to 2018. After searching the aforementioned database for the said duration, the authors used the CiteSpace visualization tools to analyze them.

Findings

The authors sorted the studies according to their countries/regions, institutions, keywords and categories using the CiteSpace tool; analyzed current research characteristics on grey models; and discussed their possible applications in marine businesses, economy, scientific research and education, marine environment and disasters. Finally, the authors pointed out the development trend of grey models.

Originality/value

Although researches are combining grey theory with fractals, neural networks, fuzzy theory and other methods, the applications, in terms of scope, have still not met the demand. With the increasingly in-depth research in marine economics and management, international marine economic research has entered a new period of development. Grey theory will certainly attract scholars’ attention, and its role in marine economy and management will gain considerable significance.

Details

Marine Economics and Management, vol. 2 no. 2
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 12 September 2023

Fulin Shang, Xiyue Teng and Minyoung Park

The purpose of this study is to quantify port efficiency assessment indicators to analyze the impact of COVID-19 on Chinese One Belt One Road (OBOR) ports.

Abstract

Purpose

The purpose of this study is to quantify port efficiency assessment indicators to analyze the impact of COVID-19 on Chinese One Belt One Road (OBOR) ports.

Design/methodology/approach

This study utilized a grey prediction model GM(1,1) to forecast five relevant indicators for each of the 17 OBOR ports both with and without COVID-19 background conditions. Additionally, the data envelopment analysis (DEA) efficiency assessment approach was used to analyze the impact of COVID-19 on port efficiency.

Findings

The results indicate that cargo and container throughput growth rates during the COVID-19 pandemic are reduced by 1.7 and 2.1%, respectively. There was also a noticeable reduction in technological efficiency (TE) as well as pure technological efficiency (PTE), while scale efficiency (SE) remained largely unaffected. Furthermore, the dynamic efficiency MI was mainly negatively impacted by changes in overall efficiency change (EFFCH), where pure efficiency change (PECH) less than one contributed significantly towards overall regression of port efficiencies during this period.

Originality/value

This paper is unique in its use of a combination of the grey prediction model and DEA efficiency assessment to quantify changes in important indicators during pandemic periods. This approach not only provides a quantitative understanding of the impact on port-level efficiency through numerical quantification but also offers readers an intuitive understanding.

Details

Journal of International Logistics and Trade, vol. 21 no. 4
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 4 April 2023

Matteo Podrecca and Marco Sartor

The aim of this paper is to present the first diffusion analysis of ISO/IEC 27001, the fourth most popular ISO certification at global level and the most important standard for…

1185

Abstract

Purpose

The aim of this paper is to present the first diffusion analysis of ISO/IEC 27001, the fourth most popular ISO certification at global level and the most important standard for information security.

Design/methodology/approach

To achieve the purposes, the authors applied Grey Models (GM) – Even GM (1,1), Even GM (1,1,α,θ), Discrete GM (1,1), Discrete GM (1,1,α) – complemented by the relative growth rate and the doubling time indexes on the six most important countries in terms of issued certificates.

Findings

Results show that a growing trend is likely to be expected in the years to come and that China will lead at country level.

Originality/value

The study contributes to the scientific debate by presenting the first diffusive analysis of ISO/IEC 27001 and by proposing a forecasting approach that to date has found little application in the field of international standards.

Open Access
Article
Publication date: 7 August 2017

Ali M. Abdulshahed, Andrew P. Longstaff and Simon Fletcher

The purpose of this paper is to produce an intelligent technique for modelling machine tool errors caused by the thermal distortion of Computer Numerical Control (CNC) machine…

1568

Abstract

Purpose

The purpose of this paper is to produce an intelligent technique for modelling machine tool errors caused by the thermal distortion of Computer Numerical Control (CNC) machine tools. A new metaheuristic method, the cuckoo search (CS) algorithm, based on the life of a bird family is proposed to optimize the GMC(1, N) coefficients. It is then used to predict thermal error on a small vertical milling centre based on selected sensors.

Design/methodology/approach

A Grey model with convolution integral GMC(1, N) is used to design a thermal prediction model. To enhance the accuracy of the proposed model, the generation coefficients of GMC(1, N) are optimized using a new metaheuristic method, called the CS algorithm.

Findings

The results demonstrate good agreement between the experimental and predicted thermal error. It can therefore be concluded that it is possible to optimize a Grey model using the CS algorithm, which can be used to predict the thermal error of a CNC machine tool.

Originality/value

An attempt has been made for the first time to apply CS algorithm for calibrating the GMC(1, N) model. The proposed CS-based Grey model has been validated and compared with particle swarm optimization (PSO) based Grey model. Simulations and comparison show that the CS algorithm outperforms PSO and can act as an alternative optmization algorithm for Grey models that can be used for thermal error compensation.

Details

Grey Systems: Theory and Application, vol. 7 no. 2
Type: Research Article
ISSN: 2043-9377

Keywords

Open Access
Article
Publication date: 2 August 2019

Yazhou Mao, Yang Jianxi, Xu Wenjing and Liu Yonggang

The purpose of this paper is to investigate the effect of round pits arrangement patterns on tribological properties of journal bearing. In this paper, the tribological behaviors…

Abstract

Purpose

The purpose of this paper is to investigate the effect of round pits arrangement patterns on tribological properties of journal bearing. In this paper, the tribological behaviors of journal bearing with different arrangement patterns under lubrication condition were studied based on M-2000 friction and wear tester.

Design/methodology/approach

The friction and wear of journal bearing contact surface were simulated by ANSYS. The wear mechanism of bearing contact surfaces was investigated by the means of energy dispersive spectrum analysis on the surface morphology and friction and wear status of the journal bearing specimens by Scanning Electron Microscopy (SEM) and Energy Dispersive Spectrometer (EDS). Besides, the wearing capacity of the textured bearing was predicted by using the GM (1,1) and Grey–Markov model.

Findings

As the loads increase, the friction coefficient of journal bearing specimens decrease first and then increase slowly. The higher rotation speed, the lower friction coefficient and the faster temperature build-up. The main friction method of the bearing sample is three-body friction. The existence of texture can effectively reduce friction and wear. In many arrangement patterns, the best is 4# bearing with round pits cross-arrangement pattern. Its texturing diameters are 60 µm and 125 µm, and the spacing and depth are 200 µm and 25 µm, respectively. In addition, the Grey–Markov model prediction result is more accurate and fit the experimental value better.

Originality/value

The friction and wear mechanism is helpful for scientific research and engineers to understand the tribological behaviors and engineering applications of textured bearing. The wear capacity of textured bearing is predicted by using the Grey–Markov model, which provides technical help and theoretical guidance for the service life and reliability of textured bearing.

Open Access
Article
Publication date: 12 June 2017

Guijun Li, YongSheng Wang, Daohan Huang and Hongtao Yang

The purpose of this paper is to study how to effectively allocate water, energy and food (WEF) resources in urban development.

2477

Abstract

Purpose

The purpose of this paper is to study how to effectively allocate water, energy and food (WEF) resources in urban development.

Design/methodology/approach

An agent-based model combined with NetLogo simulation model has been used in this paper.

Findings

This paper proposes a framework for agent analysis in urban WEF consumption.

Research limitations/implications

Further discussions using empirical data are of great importance.

Practical implications

Apply to form the development model of the city in the future.

Originality/value

A new method of WEF management has been used at the city level.

Details

International Journal of Crowd Science, vol. 1 no. 2
Type: Research Article
ISSN: 2398-7294

Keywords

Open Access
Article
Publication date: 22 November 2022

Kedong Yin, Yun Cao, Shiwei Zhou and Xinman Lv

The purposes of this research are to study the theory and method of multi-attribute index system design and establish a set of systematic, standardized, scientific index systems…

Abstract

Purpose

The purposes of this research are to study the theory and method of multi-attribute index system design and establish a set of systematic, standardized, scientific index systems for the design optimization and inspection process. The research may form the basis for a rational, comprehensive evaluation and provide the most effective way of improving the quality of management decision-making. It is of practical significance to improve the rationality and reliability of the index system and provide standardized, scientific reference standards and theoretical guidance for the design and construction of the index system.

Design/methodology/approach

Using modern methods such as complex networks and machine learning, a system for the quality diagnosis of index data and the classification and stratification of index systems is designed. This guarantees the quality of the index data, realizes the scientific classification and stratification of the index system, reduces the subjectivity and randomness of the design of the index system, enhances its objectivity and rationality and lays a solid foundation for the optimal design of the index system.

Findings

Based on the ideas of statistics, system theory, machine learning and data mining, the focus in the present research is on “data quality diagnosis” and “index classification and stratification” and clarifying the classification standards and data quality characteristics of index data; a data-quality diagnosis system of “data review – data cleaning – data conversion – data inspection” is established. Using a decision tree, explanatory structural model, cluster analysis, K-means clustering and other methods, classification and hierarchical method system of indicators is designed to reduce the redundancy of indicator data and improve the quality of the data used. Finally, the scientific and standardized classification and hierarchical design of the index system can be realized.

Originality/value

The innovative contributions and research value of the paper are reflected in three aspects. First, a method system for index data quality diagnosis is designed, and multi-source data fusion technology is adopted to ensure the quality of multi-source, heterogeneous and mixed-frequency data of the index system. The second is to design a systematic quality-inspection process for missing data based on the systematic thinking of the whole and the individual. Aiming at the accuracy, reliability, and feasibility of the patched data, a quality-inspection method of patched data based on inversion thought and a unified representation method of data fusion based on a tensor model are proposed. The third is to use the modern method of unsupervised learning to classify and stratify the index system, which reduces the subjectivity and randomness of the design of the index system and enhances its objectivity and rationality.

Details

Marine Economics and Management, vol. 5 no. 2
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 20 February 2023

Tidarat Kumkit, Dao Le Trang Anh, Christopher Gan and Baiding Hu

This study explores the awareness (AWN) levels of good governance amongst Thai credit union cooperatives' (CUCs) members and the factors hindering good governance practice in Thai…

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Abstract

Purpose

This study explores the awareness (AWN) levels of good governance amongst Thai credit union cooperatives' (CUCs) members and the factors hindering good governance practice in Thai CUCs.

Design/methodology/approach

This study used a survey questionnaire from 629 members of 36 selected CUCs in Thailand. This study analysed the determinants of governance AWN levels of Thai CUCs' members using the ordered probit model. The study also employs OLS estimation to investigate the factors hindering good governance practices.

Findings

The study shows that members of different CUC types and sizes have different levels of governance AWN. Members' characteristics, experiences, and perceptions significantly influence CUC members' AWN of governance issues. The findings also suggest that a lack of morality, transparency, participation, responsibility and accountability are key obstacles that hinder good governance practices of Thai CUCs.

Originality/value

This is the first study that attempts to assess the level of AWN amongst Thai CUCs' members in different CUC sizes and types. This is also the first research that identifies the factors that hinder good governance practice in Thai CUCs based on members' evaluations. The study's findings provide important reference and implications for Thai policy makers and CUCs' board of managers to enhance members' AWN and CUCs' governance performance, and thus increase income and living standard of CUCs' members in the long term.

Details

Journal of Asian Business and Economic Studies, vol. 31 no. 1
Type: Research Article
ISSN: 2515-964X

Keywords

1 – 10 of 202