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1 – 10 of over 17000Wenyi Xia, Kun Wang and Anming Zhang
This chapter reviews three main issues in the interactions between air transport and high-speed rail (HSR) in China, namely the interaction between low-cost carriers (LCCs) and…
Abstract
This chapter reviews three main issues in the interactions between air transport and high-speed rail (HSR) in China, namely the interaction between low-cost carriers (LCCs) and HSR, HSR speed effect on airlines, and airline–HSR integration. Studies on these three aspects of airline–HSR interactions have yet been well reviewed, and our chapter aims to fill in this gap. In this chapter, we comprehensively survey literature on the topics, especially studies on Chinese markets that have recently witnessed major HSR developments (and have planned further large-scale HSR expansion in the coming years). Our review shows that, first, compared to full-service carriers, LCCs face fiercer competition from HSR. However, the expansion of HSR network in China can be better coordinated with LCC development. Second, HSR speed exerts two countervailing effects on airline demand and price (the “travel-time” effect and “safety” effect, respectively). Specifically, an HSR speed reduction can have a positive effect on airlines due to longer HSR travel time, but a negative effect on airlines due to improved perception on HSR safety. Third, airline–HSR integration can be implemented through cooperation between airlines and HSR operators and through co-location of airports and HSR stations and can have important implications for intermodal transport and social welfare.
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Yongxing Guo, Min Chen, Li Xiong, Xinglin Zhou and Cong Li
The purpose of this study is to present the state of the art for fiber Bragg grating (FBG) acceleration sensing technologies from two aspects: the principle of the measurement…
Abstract
Purpose
The purpose of this study is to present the state of the art for fiber Bragg grating (FBG) acceleration sensing technologies from two aspects: the principle of the measurement dimension and the principle of the sensing configuration. Some commercial sensors have also been introduced and future work in this field has also been discussed. This paper could provide an important reference for the research community.
Design/methodology/approach
This review is to present the state of the art for FBG acceleration sensing technologies from two aspects: the principle of the measurement dimension (one-dimension and multi-dimension) and the principle of the sensing configuration (beam type, radial vibration type, axial vibration type and other composite structures).
Findings
The current research on developing FBG acceleration sensors is mainly focused on the sensing method, the construction and design of the elastic structure and the design of a new information detection method. This paper hypothesizes that in the future, the following research trends will be strengthened: common single-mode fiber grating of the low cost and high utilization rate; high sensitivity and strength special fiber grating; multi-core fiber grating for measuring single-parameter multi-dimensional information or multi-parameter information; demodulating equipment of low cost, small volume and high sampling frequency.
Originality/value
The principle of the measurement dimension and principle of the sensing configuration for FBG acceleration sensors have been introduced, which could provide an important reference for the research community.
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Noel Scott, Brent Moyle, Ana Cláudia Campos, Liubov Skavronskaya and Biqiang Liu
Fertilizer overuse is regarded as one of the main contributors to agricultural pollution and environmental problems in China. The purpose of this paper is to evaluate technical…
Abstract
Purpose
Fertilizer overuse is regarded as one of the main contributors to agricultural pollution and environmental problems in China. The purpose of this paper is to evaluate technical efficiency (TE) and fertilizer overuse index (FOI) with respect to China’s arable agricultural production and examine regional variations in terms of fertilizer overuse.
Design/methodology/approach
The maximum likelihood random effects–time varying inefficiency effects model was applied to estimate TE, fertilizer use efficiency (FUE) and FOI.
Findings
Over the study period (2011–2015), TE steadily increased for each individual province. Overall, mean annual TE was 0.811, implying that, on average, Chinese provinces could increase output by 18.9 per cent given unchanged levels of inputs and technology. Mean annual FOI ranged from 0.008 to 3.139, with a mean of 0.685, suggesting that there is fertilizer overuse in almost all provinces, and that large regional variation exists. Coastal provinces were found to have the highest TE scores, while the central region showed the highest degree of fertilizer overuse.
Originality/value
The results indicate that fertilizer use has had a significant positive impact on production in the China’s arable agricultural sector. High TE was not necessarily associated with low FUE.
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Hao Liang, Luc Renneboog and Sunny Li Sun
We take a state-stewardship view on corporate governance and executive compensation in economies with strong political involvement, where state-appointed managers act as…
Abstract
Purpose
We take a state-stewardship view on corporate governance and executive compensation in economies with strong political involvement, where state-appointed managers act as responsible “stewards” rather than “agents” of the state.
Methodology/approach
We test this view on China and find that Chinese managers are remunerated not for maximizing equity value but for increasing the value of state-owned assets.
Findings
Managerial compensation depends on political connections and prestige, and on the firms’ contribution to political goals. These effects were attenuated since the market-oriented governance reform.
Research limitations/implications
Economic reform without reforming the human resources policies at the executive level enables the autocratic state to exert political power on corporate decision making, so as to ensure that firms’ business activities fulfill the state’s political objectives.
Practical implications
As a powerful social elite, the state-steward managers in China have the same interests as the state (the government), namely extracting rents that should adhere to the nation (which stands for the society at large or the collective private citizens).
Social implications
As China has been a communist country with a single ruling party for decades, the ideas of socialism still have a strong impact on how companies are run. The legitimacy of the elite’s privileged rights over private sectors is central to our question.
Originality/value
Chinese executive compensation stimulates not only the maximization of shareholder value but also the preservation of the state’s interests.
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Xiangyu Wang, Pei He, Qinglong Zhou, Qingyuan Zhou, Manlang Cheng, Yangting Sun, Yiming Jiang, Laizhu Jiang and Jin Li
The purpose of this study is to investigate the intergranular corrosion (IGC) susceptibility of a nitrogen-containing austenitic stainless steel QN2109. The intergranular…
Abstract
Purpose
The purpose of this study is to investigate the intergranular corrosion (IGC) susceptibility of a nitrogen-containing austenitic stainless steel QN2109. The intergranular corrosion (IGC) susceptibility of a nitrogen-containing austenitic stainless steel QN2109 was investigated.
Design/methodology/approach
The double-loop electrochemical potentiodynamic reactivation (DL-EPR) tests were carried out. Scanning electron microscopy and atomic force microscopy were used to characterize the microstructure.
Findings
The optimized test condition for QN2109 was 1 M H2SO4 + 0.01 M NH4SCN at 40°C. The nose temperature of the temperature–time–sensitization (TTS) curve of QN2109 plot was approximately 750°C. Moreover, the IGC susceptibility started to appear at approximately 120 min. The Cr-depletion zone of QN2109 was generated by the formation of M23C6 rather than by the addition of nitrogen. The depth–width ratio of the grain boundaries after the DL-EPR tests decreased as the aging temperature increased. The degree of Cr depletion and size of the Cr-depletion zone at the grain boundary were reflected by the degree of sensitization and depth–width ratio, respectively.
Originality/value
The optimized test condition for DL-EPR tests of a nitrogen-containing austenitic stainless steel QN2109 was investigated. The TTS curve of QN2109 was first plotted to avoid IGC failure. The morphology of the Cr-depletion zone was reflected by the depth–width ratio.
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Ling Jiang and Juan Shan
Despite the growing research regarding consumer luxury value perception and their influence on luxury consumption behavior in different cultural contexts, there is little research…
Abstract
Purpose
Despite the growing research regarding consumer luxury value perception and their influence on luxury consumption behavior in different cultural contexts, there is little research investigating the cultural variation toward luxury within different generations in a given society. The purpose of this paper is to assess the relationships among Confucian propriety, luxury value perception, and purchase intention of luxury brands, and especially how these relationships differ between young and older consumers in a Chinese context.
Design/methodology/approach
Data were collected through a questionnaire survey in China. A multi-group structural equation model was used to test the conceptual model and research hypotheses.
Findings
The results show that the effects of functional value and social value on purchase intention of luxury brands are stronger for older generations than younger ones, while the effects of self-identity and hedonic value on purchase intention are stronger for younger generations than older ones. The Confucian propriety relates positively to the functional value and social value; however, these effects are more salient for older consumers.
Originality/value
The results of this study reveal the evolution of luxury consumption values and behaviors of Chinese consumers, suggesting that marketers should no longer label Chinese luxury consumers with common behaviors. It is also recommended that marketers of luxury brands in China should adapt this shifting attitude and respond actively to the expectations of different generations.
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Omid Rafieian and Hema Yoganarasimhan
This chapter reviews the recent developments at the intersection of personalization and AI in marketing and related fields. We provide a formal definition of personalized policy…
Abstract
This chapter reviews the recent developments at the intersection of personalization and AI in marketing and related fields. We provide a formal definition of personalized policy and review the methodological approaches available for personalization. We discuss scalability, generalizability, and counterfactual validity issues and briefly touch upon advanced methods for online/interactive/dynamic settings. We then summarize the three evaluation approaches for static policies – the Direct method, the Inverse Propensity Score (IPS) estimator, and the Doubly Robust (DR) method. Next, we present a summary of the evaluation approaches for special cases such as continuous actions and dynamic settings. We then summarize the findings on the returns to personalization across various domains, including content recommendation, advertising, and promotions. Next, we discuss the work on the intersection between personalization and welfare. We focus on four of these welfare notions that have been studied in the literature: (1) search costs, (2) privacy, (3) fairness, and (4) polarization. We conclude with a discussion of the remaining challenges and some directions for future research.
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