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1 – 10 of over 25000
Article
Publication date: 13 November 2023

Yang Li and Tianxiang Lan

This paper aims to employ a multivariate nonlinear regression analysis to establish a predictive model for the final fracture area, while accounting for the impact of individual…

Abstract

Purpose

This paper aims to employ a multivariate nonlinear regression analysis to establish a predictive model for the final fracture area, while accounting for the impact of individual parameters.

Design/methodology/approach

This analysis is based on the numerical simulation data obtained, using the hybrid finite element–discrete element (FE–DE) method. The forecasting model was compared with the numerical results and the accuracy of the model was evaluated by the root mean square (RMS) and the RMS error, the mean absolute error and the mean absolute percentage error.

Findings

The multivariate nonlinear regression model can accurately predict the nonlinear relationships between injection rate, leakoff coefficient, elastic modulus, permeability, Poisson’s ratio, pore pressure and final fracture area. The regression equations obtained from the Newton iteration of the least squares method are strong in terms of the fit to the six sensitive parameters, and the model follow essentially the same trend with the numerical simulation data, with no systematic divergence detected. Least absolutely deviation has a significantly weaker performance than the least squares method. The percentage contribution of sensitive parameters to the final fracture area is available from the simulation results and forecast model. Injection rate, leakoff coefficient, permeability, elastic modulus, pore pressure and Poisson’s ratio contribute 43.4%, −19.4%, 24.8%, −19.2%, −21.3% and 10.1% to the final fracture area, respectively, as they increased gradually. In summary, (1) the fluid injection rate has the greatest influence on the final fracture area. (2)The multivariate nonlinear regression equation was optimally obtained after 59 iterations of the least squares-based Newton method and 27 derivative evaluations, with a decidability coefficient R2 = 0.711 representing the model reliability and the regression equations fit the four parameters of leakoff coefficient, permeability, elastic modulus and pore pressure very satisfactorily. The models follow essentially the identical trend with the numerical simulation data and there is no systematic divergence. The least absolute deviation has a significantly weaker fit than the least squares method. (3)The nonlinear forecasting model of physical parameters of hydraulic fracturing established in this paper can be applied as a standard for optimizing the fracturing strategy and predicting the fracturing efficiency in situ field and numerical simulation. Its effectiveness can be trained and optimized by experimental and simulation data, and taking into account more basic data and establishing regression equations, containing more fracturing parameters will be the further research interests.

Originality/value

The nonlinear forecasting model of physical parameters of hydraulic fracturing established in this paper can be applied as a standard for optimizing the fracturing strategy and predicting the fracturing efficiency in situ field and numerical simulation. Its effectiveness can be trained and optimized by experimental and simulation data, and taking into account more basic data and establishing regression equations, containing more fracturing parameters will be the further research interests.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Book part
Publication date: 26 April 2011

Bassem M. Hijazi and James A. Conover

We examine the empirical relationship between direct equity agency costs measures and corporate governance control mechanisms to control equity agency costs. We measure the three…

Abstract

We examine the empirical relationship between direct equity agency costs measures and corporate governance control mechanisms to control equity agency costs. We measure the three direct agency cost proxies commonly used in the literature: the operating expense; asset turnover; and selling, general, and administrative (SGA) ratios. Internal corporate governance control mechanisms examined are inside ownership (IO), outside ownership concentration (OC), the size of the board of directors (BODs), and the composition of the BODs (proportion of nonexecutive (NE) directors and separation of chief executive officer (CEO) and board chair). The external corporate governance control mechanism examined is the size of bank debt (short-term debt). Univariate and multivariate tests reveal that the only statistically significant relationship between corporate governance control mechanisms and direct equity agency cost measures is the negative relationship between the proportion of IO and direct agency costs. The asset utilization ratio (asset turnover) ratio is the best proxy for direct equity agency costs and can be useful for event studies of announcement period excess returns.

Details

Research in Finance
Type: Book
ISBN: 978-0-85724-541-0

Article
Publication date: 1 April 2008

R.J. Rudman

The unit trust industry is one of the fastest growing areas in the financial sector. This dramatic growth has raised concern about the level of investors’ knowledge, or lack…

Abstract

The unit trust industry is one of the fastest growing areas in the financial sector. This dramatic growth has raised concern about the level of investors’ knowledge, or lack thereof, relating to the factors associated with investment decisions. This study investigates the factors and dynamics behind cash flows into and from General Equity unit trusts from September 1996 to September 2001, and the extent to which market factors and unit trust characteristics explain the variation in cash flows. The analysis shows a significant positive relationship between cash flows and contemporaneous returns of the General Equity unit trusts and the equity market, while being negatively related to one‐month lagged returns and cash flows. Several of the determinants, including interest rates, fee structures, risk and fund size, are found to be insignificant at a 5% level. The results indicate that investors exhibit an element of profit maximisation, driven by performances and irrationality, in that they give less consideration to fee structures, risk and fund size.

Details

Meditari Accountancy Research, vol. 16 no. 1
Type: Research Article
ISSN: 1022-2529

Keywords

Article
Publication date: 4 May 2023

Xichen Chen, Alice Yan Chang-Richards, Tak Wing Yiu, Florence Yean Yng Ling, Antony Pelosi and Nan Yang

With growing concern about sustainable development and increased awareness of environmental issues, digital technologies (DTs) are gaining prominence and becoming a promising…

Abstract

Purpose

With growing concern about sustainable development and increased awareness of environmental issues, digital technologies (DTs) are gaining prominence and becoming a promising trend to improve productivity, sustainability and project performance in the construction industry. Nonetheless, the uptake of DTs in the construction industry has been limited and plagued with roadblocks. This study aims to identify critical barriers for construction organisations to adopt DTs and to demonstrate relationships between organisational characteristics and the perceived DTs adoption barriers.

Design/methodology/approach

This study adopted an explanatory sequential design by combining the advantages of quantitative and qualitative data. Data collection methods include literature review, a pilot study, questionnaire survey, and semi-structured interviews. Questionnaire data were analysed by using SPSS and multivariate regression technique. The interview data were processed by using content analysis to validate and supplement findings from the questionnaire.

Findings

Based on the survey and interview results, eight critical barriers were identified: the three top critical barriers are (1) “status quo industry standards”, (2) “lack of client interest” and (3) “lack of financial need/drive for using DTs”. The eight critical barriers were further classified into technical, environmental, and social dimensions to determine the major constructs that hinder DTs adoption. A theoretical framework articulating critical barriers with underlying components and root causes was also proposed. Furthermore, by using multivariate regression analysis, a model was developed to link the organisational characteristics with barriers to DTs adoption.

Practical implications

By referring to the framework and the model developed, academics, industry practitioners, and decision makers can identify pivotal areas for improvement, make informed decisions and implement remedial measures to remove the barriers to digitalisation transformation.

Originality/value

This study contributes to the literature on construction innovations by investigating barriers to DTs adoption holistically as well as perceptions of the impact of organisational attributes on these barriers. It establishes the groundwork for future empirical research into the strategic consolidation of movement of DTs adoption and diffusion.

Details

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

Keywords

Article
Publication date: 5 June 2007

Serkan Akinci, Erdener Kaynak, Eda Atilgan and Şafak Aksoy

The objective of this article is to determine the usage and application of logistic regression analysis in the marketing literature by comparing the market positioning of…

5947

Abstract

Purpose

The objective of this article is to determine the usage and application of logistic regression analysis in the marketing literature by comparing the market positioning of prominent marketing journals.

Design/methodology/approach

In order to identify the logistic regression applications, those journals having “marketing” term in their titles and indexed by the social citation index (SSCI) were included. As a result, the target population consisted of 12 journals fulfilling the criteria set. However, only eight of these that were accessible by the researchers were included in the study.

Findings

The classification of marketing articles from the chosen prominent marketing journals were made by journal title, article topic, target population, data collection method, and study location has mapped the position of logistic regression in the marketing literature.

Research limitations/implications

The sample journal coverage was limited with 12 marketing journals indexed in SSCI. In some of the journals utilized, the accessibility was limited by the electronic database year coverage. Due to this limitation, the researchers could not reach the exact number of articles using logistic regression.

Originality/value

The results of this study could highlight what is researched with logistic regression about marketing problems and may shed light on solving different problems on marketing topics for the future.

Details

European Journal of Marketing, vol. 41 no. 5/6
Type: Research Article
ISSN: 0309-0566

Keywords

Book part
Publication date: 11 May 2007

Lane Kenworthy

Shalev's third suggested path for progress consists of using tables, graphs, and tree diagrams to examine causal hierarchy and complexity and to identify cases meriting more…

Abstract

Shalev's third suggested path for progress consists of using tables, graphs, and tree diagrams to examine causal hierarchy and complexity and to identify cases meriting more in-depth scrutiny. This should be viewed not as (or at least not solely as) a substitute for regression but rather as a critical component of regression analysis. All of us were (I hope) taught in our first regression course that it is not enough to simply get the data, estimate some regression equations, and then draw conclusions. It also is necessary to get a feel for the data, in large part by examining descriptive statistics and looking at bivariate and/or multivariate patterns. Too many macro-comparativists, I suspect, either do not do this at all or do not do it sufficiently carefully.

Details

Capitalisms Compared
Type: Book
ISBN: 978-1-84950-414-0

Book part
Publication date: 18 March 2014

Michael D. Hausfeld, Gordon C. Rausser, Gareth J. Macartney, Michael P. Lehmann and Sathya S. Gosselin

In class action antitrust litigation, the standards for acceptable economic analysis at class certification have continued to evolve. The most recent event in this evolution is…

Abstract

In class action antitrust litigation, the standards for acceptable economic analysis at class certification have continued to evolve. The most recent event in this evolution is the United States Supreme Court’s decision in Comcast Corp. v. Behrend, 133 S. Ct. 1435 (2013). The evolution of pre-Comcast law on this topic is presented, the Comcast decision is thoroughly assessed, as are the standards for developing reliable economic analysis. This article explains how economic evidence of both antitrust liability and damages ought to be developed in light of the teachings of Comcast, and how liability evidence can be used by economists to support a finding of common impact for certification purposes. In addition, the article addresses how statistical techniques such as averaging, price-dispersion analysis, and multiple regressions have and should be employed to establish common proof of damages.

Details

The Law and Economics of Class Actions
Type: Book
ISBN: 978-1-78350-951-5

Keywords

Article
Publication date: 29 August 2019

Vivekanand Venkataraman, Syed Usmanulla, Appaiah Sonnappa, Pratiksha Sadashiv, Suhaib Soofi Mohammed and Sundaresh S. Narayanan

The purpose of this paper is to identify significant factors of environmental variables and pollutants that have an effect on PM2.5 through wavelet and regression analysis.

Abstract

Purpose

The purpose of this paper is to identify significant factors of environmental variables and pollutants that have an effect on PM2.5 through wavelet and regression analysis.

Design/methodology/approach

In order to provide stable data set for regression analysis, multiresolution analysis using wavelets is conducted. For the sampled data, multicollinearity among the independent variables is removed by using principal component analysis and multiple linear regression analysis is conducted using PM2.5 as a dependent variable.

Findings

It is found that few pollutants such as NO2, NOx, SO2, benzene and environmental factors such as ambient temperature, solar radiation and wind direction affect PM2.5. The regression model developed has high R2 value of 91.9 percent, and the residues are stationary and not correlated indicating a sound model.

Research limitations/implications

The research provides a framework for extracting stationary data and other important features such as change points in mean and variance, using the sample data for regression analysis. The work needs to be extended across all areas in India and for various other stationary data sets there can be different factors affecting PM2.5.

Practical implications

Control measures such as control charts can be implemented for significant factors.

Social implications

Rules and regulations can be made more stringent on the factors.

Originality/value

The originality of this paper lies in the integration of wavelets with regression analysis for air pollution data.

Details

International Journal of Quality & Reliability Management, vol. 36 no. 10
Type: Research Article
ISSN: 0265-671X

Keywords

Abstract

Details

Best Practices in Green Supply Chain Management
Type: Book
ISBN: 978-1-78756-216-5

Open Access
Article
Publication date: 4 May 2020

Farooq Mubarak, Reima Suomi and Satu-Päivi Kantola

This study aims to statistically verify the links of income and education with information and communication technology (ICT) diffusion across 191 countries of the world taking…

8049

Abstract

Purpose

This study aims to statistically verify the links of income and education with information and communication technology (ICT) diffusion across 191 countries of the world taking into account a total of 9 indicators best representing the socio-economic variables.

Design/methodology/approach

Multivariate regression analysis was used as a prime method to rigorously test the relationships of income and education with ICT diffusion across 191 countries. Statistical Package for the Social Sciences (V. 22) was used to analyze and predict patterns in the data.

Findings

The results support the hypotheses that income and education are positively related to ICT diffusion. The findings statistically confirm that poverty is a leading cause of digital divide worldwide.

Research limitations/implications

Academic, policy and practice groups should work in collaboration to fight against digital divide. Present results also imply that digital divide shall never end but rather it can be controlled to an extent with multiple collaborative efforts.

Originality/value

Prior research assignments on the digital divide concentrate on exploring the links between few socio-economic and ICT variables in select few regions theoretically. The present work addresses this literature gap by developing and testing two hypotheses to statistically investigate the relationships between a broad set of socio-economic and ICT indicators.

Details

Journal of Information, Communication and Ethics in Society, vol. 18 no. 3
Type: Research Article
ISSN: 1477-996X

Keywords

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