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Article
Publication date: 26 June 2020

Yubin Wang, Jingjing Wang and Xiaoyang Wang

The authors explicitly evaluate the dynamic impact of five most concerned supply chain disruption scenarios, including: (1) a short-term shortage and price jump of corn supply in…

5043

Abstract

Purpose

The authors explicitly evaluate the dynamic impact of five most concerned supply chain disruption scenarios, including: (1) a short-term shortage and price jump of corn supply in hog farms; (2) a shortage of market hogs to packing facilities; (3) disruption in breeding stock adjustments; (4) disruption in pork import; and (5) a combination of scenario (1)–(4).

Design/methodology/approach

The agricultural supply chain experienced tremendous disruptions from the COVID-19 pandemic. To evaluate the impact of disruptions, the authors employ a system dynamics model of hog market to simulate and project the impact of COVID-19 on China hog production and pork consumption. In the model the authors explicitly characterize the cyclical pattern of hog market. The hog cycle model is calibrated using market data from 2018–2019 to represent the market situation during an ongoing African swine fever.

Findings

The authors find that the impacts of supply chain disruption are generally short-lived. Market hog transportation disruption has immediate impact on price and consumption. But the impact is smoothed out in six months. Delay in import shipment temporarily reduces consumption and raises hog price. A temporary increase of corn price or delay in breeding stock acquisition does not produce significant impact on national hog market as a whole, despite mass media coverage on certain severely affected regions.

Originality/value

This is the first evaluation of short-term supply chain disruption on China hog market from COVID-19. The authors employ a system dynamics model of hog markets with an international trade component. The model allows for monthly time step analysis and projection of the COVID-19 impact over a five-year period. The results and discussion have far-reaching implications for agricultural markets around the world.

Details

China Agricultural Economic Review, vol. 12 no. 3
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 29 June 2020

Qian Li, Jingjing Wang, Xiaoyang Wang and Yubin Wang

This article examines the impact of different policy instruments on livestock farmers' willingness to recycle manure. The results shed light on the optimal policy combination.

Abstract

Purpose

This article examines the impact of different policy instruments on livestock farmers' willingness to recycle manure. The results shed light on the optimal policy combination.

Design/methodology/approach

A game theoretical framework is constructed to illustrate farmers' optimal strategies under different policies. Theoretical results are empirically tested by survey data from beef cattle farmers in Central China.

Findings

Empirical results show that penalties work better than subsidies if each type of policy is implemented separately. The authors also find a positive interaction between subsidy and penalty policies, suggesting that a combination of subsidy and penalty policies produces the best outcome in incentivizing livestock farmers to recycle manure. Furthermore, planting and breeding simultaneously have the strongest effect on increasing livestock farmers' willingness to recycle manure, suggesting that the combination of planting and breeding can be an optimal strategy for manure management.

Originality/value

This study is based on firsthand survey data and provides new evidence on the effectiveness of alternative environmental policies on manure recycling.

Details

China Agricultural Economic Review, vol. 12 no. 4
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 27 January 2022

Shaodi Zhao, Jiusheng Bao, Qingjin Zhang, Yan Yin, Xiaoyang Wang and Junwei Ai

This study aims to develop magnetic field-controlled friction braking technology, the preparation process of hard magnetic brake friction material was optimized and analyzed in…

93

Abstract

Purpose

This study aims to develop magnetic field-controlled friction braking technology, the preparation process of hard magnetic brake friction material was optimized and analyzed in this paper.

Design/methodology/approach

NdFeB, a rigid magnetic material, was selected as additive. Magnetic field orientation, a part of material preparation, was added to the preparation process. Experiments investigated the tribological properties of each brake lining sample. The preparation process of the hard magnetic friction material was optimized based on fuzzy theory by using analytic hierarchy process (AHP) methods and SPSS software. The microscopic morphology and the distribution and content of elements of friction lining samples prepared with or without orientation excitation voltage were analyzed by scanning electron microscope and energy dispersive X-ray microanalysis.

Findings

The results showed that the tribological properties of brake lining samples could be improved by process optimization and the oriented excitation voltage can effectively improve the properties of the brake lining.

Originality/value

The magnetic field orientation was added into the traditional preparation process, and a set of process parameters with the best tribological properties were obtained through optimization. It is believed that this research will be of great theoretical and practical significance to develop both new brake materials and active control technology of the braking process in the future.

Details

Industrial Lubrication and Tribology, vol. 74 no. 2
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 29 January 2021

Xiaoyang Wang, Jiusheng Bao, Jinge Liu, Yan Yin, Tonggang Liu and Shaodi Zhao

This paper aims to develop of magnetic field controlled friction braking technology, a novel brake friction material with magnetic was designed and prepared in this paper.

Abstract

Purpose

This paper aims to develop of magnetic field controlled friction braking technology, a novel brake friction material with magnetic was designed and prepared in this paper.

Design/methodology/approach

The permalloy, a soft magnetic material, was selected as an additive to design and prepare the magnetic brake material. The friction, wear performance and permeability of each brake pads were investigated by experiments. By choosing the performance of friction coefficient fluctuation, friction coefficient deviation and mean wear rate as optimization parameters, the formulation of the magnetic friction material was optimized based on Fuzzy theory by using analytic hierarchy process methods and SPSS software.

Findings

The results showed that the developed soft magnetic friction material has not only superior friction coefficient, permeability and inferior wear rate but also good physical and mechanical properties.

Originality/value

Permalloy powder was added to the formulation of friction material to achieve a new functional friction material with high magnetic permeability. It is believed that this research will be of great theoretical and practical significance to develop both new brake materials and active control technology of the braking process in the future.

Details

Industrial Lubrication and Tribology, vol. 73 no. 2
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 28 June 2022

Amar Rao, Mansi Gupta, Gagan Deep Sharma, Mandeep Mahendru and Anirudh Agrawal

The purpose of the present study is to contribute to the existing literature by examining the nexus and the connectedness between classes S&P Green Bond Index, S&P GSCI Crude Oil…

1447

Abstract

Purpose

The purpose of the present study is to contribute to the existing literature by examining the nexus and the connectedness between classes S&P Green Bond Index, S&P GSCI Crude Oil Index, S&P GSCI Gold, MSCI Emerging Markets Index, MSCI World Index and Bitcoin, during the pre-and post-Covid period beginning from August 2011 to July 2021 (10 years).

Design/methodology/approach

The study employs time-varying parameter vector autoregression and Quantile regression methods to understand the impact of events on traditional and upcoming asset classes. To further understand the connectedness of assets under consideration, the study used Geo-Political Risk Index (GPR) and Global Economic Policy and Uncertainty index (GPEU).

Findings

Findings show that these markets are strongly linked, which will only expand in the post-pandemic future. Before the pandemic, the MSCI World and Emerging Markets indices contributed the most shocks to the remaining market variables. Green bond index shows a greater correlation and shock transmission with gold. Bitcoin can no longer be used as a good hedging instrument, validating the fact that the 21st-century technology assets. The results further opine that under extreme economic consequences with high GPR and GPEU, even gold cannot be considered a safe investment asset.

Originality/value

Financial markets and the players who administer and communicate their investment logics are heavily reliant on conventional asset classes such as oil, gas, coal, nuclear and allied groupings, but these emerging asset classes are attempting to diversify.

Article
Publication date: 29 April 2022

Sonal Thukral, Deep Shree and Shakshi Singhal

With the rapid increase in the consumption of electrical and electronic innovations, responsible management and recycling of electronic waste (e-waste) or waste electrical and…

2305

Abstract

Purpose

With the rapid increase in the consumption of electrical and electronic innovations, responsible management and recycling of electronic waste (e-waste) or waste electrical and electronic equipment (WEEE) has been a significant concern for the governments, stakeholders, researchers and industry practitioners around the world. Consumer awareness, disposal behaviour and perception are chief facets of designing sustainable management strategies. Although researchers have widely studied e-waste over many years, the research focusing on consumer awareness about e-waste recycling has gained momentum recently. This paper aims to systematise the existing literature and explore future research prospects on household e-waste sorting behaviour.

Design/methodology/approach

Web of science (WoS) core collection was searched using selected keywords to identify relevant articles published from 2001 to 2021. The search resulted in 1,156 research articles published from 2001 to 2021. After a detailed study, 85 articles were shortlisted for in-depth review. The review was conducted based on global trends, top journals, most prolific authors, most active e-waste research countries, and institutions centring on consumer participation in e-waste disposal and recycling behaviour. The present research has also identified around eleven factors that seem to have a bearing on consumer behaviour towards storage, disposal and recycling of e-waste.

Findings

E-waste research has gained increased attention in the last five years. The majority of the studies has focused on motivational factors and ignore the risks associated with handling e-waste. The present study reports the pertinent issue of lack of awareness among the masses about e-waste handling and disposal. Thus, bringing to the fore the lack of awareness programmes and initiatives. The analysis presents the gaps in the literature and future research agendas.

Originality/value

The review article will help in providing an in-depth understanding of consumer behaviour towards storage, disposal and recycling of e-waste and delineates the future direction of research that may be undertaken in this field of study.

Article
Publication date: 8 May 2018

Runlin Chen, Jianlei Wang, XiaoYang Yuan, Longlong Li and Yahui Cui

To meet the high stiffness requirement of bearings used in high-precision spindles, this paper aims to propose a novel kind of bearing composited by hydrostatic cavities and…

Abstract

Purpose

To meet the high stiffness requirement of bearings used in high-precision spindles, this paper aims to propose a novel kind of bearing composited by hydrostatic cavities and tilting pads with preload.

Design/methodology/approach

Cavities are cut on the oil seal surface of a hybrid bearing, in which the tilting pads are set up. The load of the bearing is carried by the hydrostatic cavities and tilting pads. The structural features of this compound bearing and the controlling variables of the main stiffness coefficient are presented. Two basic design principles are proposed on the basis of equal machining clearance (EMC) and equal installation clearance (EIC).

Findings

The theoretical analysis indicates that the stiffness of compound bearings under the EMC condition increases to infinity monotonously when the preload coefficient of the tilting pad tends to 1, while the stiffness under the EIC condition has a peak value. Therefore, a synthetic design principle is proposed by synthetically using the above-mentioned two principles. The applicable range of the three principles is discussed through an example.

Originality/value

The study about technological combination of hydrostatic cavity and tilting pad in this paper can provide suggestions for the design of a high-stiffness bearing in a precision spindle.

Details

Industrial Lubrication and Tribology, vol. 70 no. 4
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 13 November 2017

Zhijian Wang, Xuejin Shen, Xiaoyang Chen, Qiang Han and Lei Shi

The purpose of this paper is to study starvation in grease-lubricated finite line contacts and to understand film-forming mechanisms of grease-lubricated finite line contacts.

Abstract

Purpose

The purpose of this paper is to study starvation in grease-lubricated finite line contacts and to understand film-forming mechanisms of grease-lubricated finite line contacts.

Design/methodology/approach

A multiple-contact optical elastohydrodynamic (EHL) test rig is constructed to investigate the influences of lubricant properties on film thickness and lubrication conditions at different working conditions. The film thickness is calculated according to the relative light intensity principle. The degree of starvation is evaluated by the air–oil meniscus distance and the corresponding film thickness.

Findings

The experimental results show that for greases with high-viscosity base oil, the high-frequency fluctuation of film thickness is observed in low-speed operating conditions. Reducing the viscosity of the base oil and improving running speed can weaken the fluctuation of film thickness. The degree of starvation increases with increasing base oil viscosity, rolling speed and the crown drop. In addition, reducing the replenishment time by reducing the gap between the rollers also can increase the degree of starvation.

Originality/value

Starvation is often to occur in finite line contacts, such as roller bearings and gears; there are still limited finite line contact EHL test rigs, much less multiple-contact optical test rigs. Therefore, the present work is undertaken to construct the multiple-contact test rig and to evaluate the mechanism of starvation in finite line contacts.

Details

Industrial Lubrication and Tribology, vol. 69 no. 6
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 19 April 2024

Heng (Emily) Wang and Xiaoyang Zhu

The dissemination of misleading and false information through media can jeopardize a company’s reputation, thus posing a threat to its stock and performance. Institutional…

Abstract

Purpose

The dissemination of misleading and false information through media can jeopardize a company’s reputation, thus posing a threat to its stock and performance. Institutional investors are known to influence capital markets. Therefore, this paper investigates whether institutional investors engage in shaping the media sentiment stock nexus, stabilize company stocks and enhance performance.

Design/methodology/approach

We first investigate the effect of media sentiment on market reactions by using panel regression models. To examine the role of institutional investors, we design a quasi-experiment by exploiting the Financial Crisis of 2008 and go further by examining the heterogeneity across levels of institutional ownership. Due to risk-averse, investors may respond asymmetrically to pessimistic and positive sentiment. Accordingly, we split the sample into two sub-types, good news and bad news, based on keywords representing positive or negative content.

Findings

We find supportive evidence that institutional investors have impacts on how the markets react to media news, and the impacts are heterogeneous in the face of bad and good news. We conjecture that institutional investors act as a stabilizer of stock prices through media sentiment management.

Originality/value

This paper confirms the distinctive effects of institutional investors on capital markets, and uncovers the behind-the-scenes intervention and possible causal link running from institutional investors to media sentiment management. It contributes to the broad field of institutional investors' behavior, media news involvement in capital markets and market efficiency.

Details

International Journal of Managerial Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1743-9132

Keywords

Article
Publication date: 15 August 2023

Yongtao Zhao, Weili Li, Xiaoyang Xuan, Jianbang Gao, Jue Wang, Liang Dong, Dawei Zang, Mingjian Wang and Xiankang Zhong

This study aims to evaluate the protection performance of zinc as sacrificial anode for ABS A steel in the presence of H2S under different temperatures, pH and salinities.

Abstract

Purpose

This study aims to evaluate the protection performance of zinc as sacrificial anode for ABS A steel in the presence of H2S under different temperatures, pH and salinities.

Design/methodology/approach

In this paper, weight loss measurements and electrochemical measurements are used to evaluate the corrosion degree of zinc and ABS A steel.

Findings

Under the conditions involved in this work, it is shown that zinc is a nice sacrificial anode with the reason of its stable potential and excellent anode current efficiency according to the relevant standard. And it is also found that the hydrogen evolution does not occur on ABS A steel specimens. The potential difference between cathode and anode is suitable; thus, it can be concluded that each steel is well protected.

Originality/value

To the best of the authors’ knowledge, no other study has analyzed the protection mechanism and effect of zinc as sacrificial anode in H2S-containing environments under high temperature at present.

Details

Anti-Corrosion Methods and Materials, vol. 70 no. 6
Type: Research Article
ISSN: 0003-5599

Keywords

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