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A NON-OSCILLATORY KINETIC SCHEME FOR MULTI-COMPONENT FLOWS WITH THE EQUATION OF STATE FOR A STIFFENED GAS 被引量:3
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作者 Yibing Chen Song Jiang 《Journal of Computational Mathematics》 SCIE CSCD 2011年第6期661-683,共23页
We extend the traditional kinetic scheme for ideal gases to the Euler equations with the equation of state for a multi-component stiffened gas. Based on a careful analysis of the oscillation mechanism of the tradition... We extend the traditional kinetic scheme for ideal gases to the Euler equations with the equation of state for a multi-component stiffened gas. Based on a careful analysis of the oscillation mechanism of the traditional kinetic scheme across contact discontinuities, we propose a new non-oscillatory kinetic (NOK) scheme for multi-component stiffened gases. The basic idea in the construction is to use a flux splitting technique to construct numerical fluxes which do not depend on the concrete form of the equilibrium state. The new scheme can not only can avoid spurious oscillations of the pressure and velocity near a material interface which are observed in the traditional kinetic schemes such as the kinetic flux vector splitting (KFVS) and BGK schemes, but also can deal with the stiffened gas equation of state. Moreover, we also carry out a careful analysis on the consistency condition, truncation error and positivity of the NOK scheme. A number of 1D and 2D numerical tests are presented which demonstrate the accuracy and robustness of the new scheme in the simulation of problems with smooth, weak and strong shock wave regions. 展开更多
关键词 Kinetic scheme NON-OSCILLATION multi-component Stiffened gases.
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Numerical Study of Cavitating Flows around a Hydrofoil with Deep Analysis of Vorticity Effects 被引量:1
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作者 Shande Li Wen’an Zhong +1 位作者 Shaoxing Yu Hao Wang 《Fluid Dynamics & Materials Processing》 2025年第1期179-204,共26页
This paper aims to numerically explore the characteristics of unsteady cavitating flow around a NACA0015 hydrofoil,with a focus on vorticity attributes.The simulation utilizes a homogeneous mixture model coupled with ... This paper aims to numerically explore the characteristics of unsteady cavitating flow around a NACA0015 hydrofoil,with a focus on vorticity attributes.The simulation utilizes a homogeneous mixture model coupled with a filter-based density correction turbulence model and a modified Zwart cavitation model.The study investigates the dynamic cavitation features of the thermal fluid around the hydrofoil at various incoming flow velocities.It systematically elucidates the evolution of cavitation and vortex dynamics corresponding to each velocity condition.The results indicate that with increasing incoming flow velocity,distinct cavitation processes take place in the flow field. 展开更多
关键词 Cavitating flow HYDROFOIL flow velocity VORTICITY Computational Fluid Dynamics(CFD)
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Study of an adaptive bump control mechanism for shock wave/boundary layer interactions in supersonic flows 被引量:1
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作者 Shan-Shan Tian Liang Jin +2 位作者 Wei Huang Yang Shen Kai An 《Theoretical & Applied Mechanics Letters》 2025年第4期319-330,共12页
The stability of supersonic inlets faces challenges due to various changes in flight conditions,and flow control methods that address shock wave/boundary layer interactions under only one set of conditions cannot meet... The stability of supersonic inlets faces challenges due to various changes in flight conditions,and flow control methods that address shock wave/boundary layer interactions under only one set of conditions cannot meet developmental requirements.This paper proposes an adaptive bump control scheme and employs dynamic mesh technology for numerical simulation to investigate the unsteady control effects of adaptive bumps.The obtained results indicate that the use of moving bumps to control shock wave/boundary layer interactions is feasible.The adaptive control effects of five different bump speeds are evaluated.Within the range of bump speeds studied,the analysis of the flow field structure reveals the patterns of change in the separation zone area during the control process,as well as the relationship between the bump motion speed and the control effect on the separation zone.It is concluded that the moving bump endows the boundary layer with additional energy. 展开更多
关键词 Shock wave/boundary layer interaction ADAPTIVE flow control BUMP Supersonic flow
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Boundary fluid constraints during electrochemical jet machining of large size emerging titanium alloy aerospace parts in gas–liquid flows:Experimental and numerical simulation 被引量:1
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作者 Yang LIU Ningsong QU +1 位作者 Hansong LI Zhaoyang ZHANG 《Chinese Journal of Aeronautics》 2025年第1期115-130,共16页
Large size titanium alloy parts are widely used in aerospace.However,they are difficult to manufacture using mechanical cutting technology because of severe tool wear.Electrochemical jet machining is a promising techn... Large size titanium alloy parts are widely used in aerospace.However,they are difficult to manufacture using mechanical cutting technology because of severe tool wear.Electrochemical jet machining is a promising technology to achieve high efficiency,because it has high machining flexibility and no machining tool wear.However,reports on the macro electrochemical jet machining of large size titanium alloy parts are very scarce,because it is difficult to achieve effective constraint of the flow field in macro electrochemical jet machining.In addition,titanium alloy is very sensitive to fluctuation of the flow field,and a turbulent flow field would lead to serious stray corrosion.This paper reports a series of investigations of the electrochemical jet machining of titanium alloy parts.Based on the flow analysis and experiments,the machining flow field was effectively constrained.TB6 titanium alloy part with a perimeter of one meter was machined.The machined surface was smooth with no obvious machining defects.The machining process was particularly stable with no obvious spark discharge.The research provides a reference for the application of electrochemical jet machining technology to achieve large allowance material removal in the machining of large titanium alloy parts. 展开更多
关键词 Electrochemical jet machining Titanium alloys Large size parts flow simulation Turbulent flow
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Multi-component decompositions,linear superpositions,and new nonlinear integrable coupled KdV-type systems
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作者 Xiazhi Hao S Y Lou 《Communications in Theoretical Physics》 2025年第2期1-12,共12页
In the realm of nonlinear integrable systems,the presence of decompositions facilitates the establishment of linear superposition solutions and the derivation of novel coupled systems exhibiting nonlinear integrabilit... In the realm of nonlinear integrable systems,the presence of decompositions facilitates the establishment of linear superposition solutions and the derivation of novel coupled systems exhibiting nonlinear integrability.By focusing on single-component decompositions within the potential BKP hierarchy,it has been observed that specific linear superpositions of decomposition solutions remain consistent with the underlying equations.Moreover,through the implementation of multi-component decompositions within the potential BKP hierarchy,successful endeavors have been undertaken to formulate linear superposition solutions and novel coupled Kd V-type systems that resist decoupling via alterations in dependent variables. 展开更多
关键词 integrable system single-component decomposition multi-component decomposition linear superposition integrable coupled KdV-type system
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A facile high-efficiency preparation strategy for Al-containing multi-component boride microcrystals with superior comprehensive performance
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作者 Yong Fan Jinfeng Nie +7 位作者 Zhigang Ding Yujing Zhang Xiang Chen Wei Liu Sen Yang Sida Liu Xiangfa Liu Yonghao Zhao 《Journal of Materials Science & Technology》 2025年第1期190-203,共14页
Multi-component transition group metal borides(MMB_(2))have become a research hotspot due to their new composition design concepts and superior properties compared with conventional ceramics.Most of the current method... Multi-component transition group metal borides(MMB_(2))have become a research hotspot due to their new composition design concepts and superior properties compared with conventional ceramics.Most of the current methods,however,are complicated and time-consuming,the mass production remains a chal-lenge.Herein,we proposed a new high-efficiency strategy for synthesis of MMB_(2)using molten aluminum as the medium for the first time.The prepared Al-containing multi-component borides(TiZrHfNbTa)B_(2)microcrystals had a homogeneous composition with a hexagonal AlB_(2)structure and ultra-high hardness value of∼35.3 GPa,which was much higher than data reported in the literature and the rule of mix-ture estimations.Furthermore,combined with the First-principles calculation results,we found that the Poisson’s ratio(v)values exhibit a clearly ascending trend from 0.17 at VEC=3.5 to 0.18 at VEC=3.4,then to 0.201 at VEC=3.2 with the increasing of Al content.This indicates that the intrinsic toughness of multi-component boride microcrystals is obviously enhanced by the trace-doped Al elements.Besides,the fabricated Al-containing multi-component boride microcrystals have superior oxidation activation en-ergy and structural stability.The enhanced oxidation resistance is mainly attributed to the formation of a protective Al2 O3 oxide layer and the lattice distortion,both of which lead to sluggish diffusion of O_(2).These findings propose a new unexplored avenue for the fabrication of MMB_(2)materials with supe-rior comprehensive performance including ultra-hardness and intrinsically improved thermo-mechanical properties. 展开更多
关键词 multi-component borides First-principles calculations Crystal growth Mechanical properties Oxidation behavior
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High Order Central Schemes Applied to Relativistic Multi-Component Flow Models
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作者 Tayabia Ghaffar Muhammad Yousaf +1 位作者 Saira Sultan Shamsul Qamar 《Applied Mathematics》 2014年第8期1169-1186,共18页
The dynamics of inviscid multi-component relativistic fluids may be modeled by the relativistic Euler equations, augmented by one (or more) additional species equation(s). We use the high-resolution staggered central ... The dynamics of inviscid multi-component relativistic fluids may be modeled by the relativistic Euler equations, augmented by one (or more) additional species equation(s). We use the high-resolution staggered central schemes to solve these equations. The equilibrium states for each component are coupled in space and time to have a common temperature and velocity. The current schemes can handle strong shocks and the oscillations near the interfaces are negligible, which usually happens in the multi-component flows. The schemes also guarantee the exact mass conservation for each component, the exact conservation of total momentum, and energy in the whole particle system. The central schemes are robust, reliable, compact and easy to implement. Several one- and two-dimensional numerical test cases are included in this paper, which validate the application of these schemes to relativistic multi-component flows. 展开更多
关键词 multi-component flows RELATIVISTIC EULER Equations Central Schemes HIGHER Order Accuracy
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Uncovering the hardening mechanism of multi-component carbide ceramics based on the coupling effect of covalent bond enhancement and lattice distortion
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作者 Qingyi Kong Qinchen Liu +7 位作者 Lei Chen Sijia Huo Kunxuan Li Mingxuan Mao WeiWei Sun Yujin Wang Suk-Joong L.Kang Yu Zhou 《Journal of Materials Science & Technology》 2025年第31期102-112,共11页
The hardening mechanism of multi-component carbide ceramic has been investigated in detail through a combination of experiments,first-principles calculations,and ab initio molecular dynamics(AIMD).Eight dense carbide ... The hardening mechanism of multi-component carbide ceramic has been investigated in detail through a combination of experiments,first-principles calculations,and ab initio molecular dynamics(AIMD).Eight dense carbide ceramics were prepared by spark plasma sintering.Compulsorily,all the multi-component carbide samples have similar carbon content,grain size,and uniform compositional distribution by optimizing the sintering process and adjusting the initial raw materials.Hence the interference of other factors on the hardness of multi-component carbide ceramics is minimized.The effects of changes in the elemental species on the lattice distortion,bond strength,bonding properties,and electronic structure of multi-component carbide ceramics were thoroughly analyzed.These results show that the hardening of multi-component carbide ceramic can be attributed to the coupling of solid solution strengthening caused by lattice distortion and covalent bond strengthening.Besides,the“host lattice”of multi-component carbide ceramics is defined based on the concept of supporting lattice.The present work is of great significance for a deeper understanding of the hardening mechanism of multi-component carbide ceramics and the design of superhard multi-component carbides. 展开更多
关键词 multi-component ceramics Mechanical properties Hardening mechanism First principle calculation Ab initio molecular dynamics
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Photocatalytic multi-component synthesis of ester-containing quinoxalin-2(1H)-ones using water as the hydrogen donor
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作者 Qiang Feng Jindong Hao +3 位作者 Ya Hu Rong Fu Wei Wei Dong Yi 《Chinese Chemical Letters》 2025年第6期484-488,共5页
A convenient photocatalytic multi-component reaction of alkenes,quinoxalin-2(1H)-ones,and diazo compounds has been developed in the presence of water.A number of ester-containing quinoxalin-2(1H)-ones could be efficie... A convenient photocatalytic multi-component reaction of alkenes,quinoxalin-2(1H)-ones,and diazo compounds has been developed in the presence of water.A number of ester-containing quinoxalin-2(1H)-ones could be efficiently obtained in moderate to good yields at room temperature.This metal-free visiblelight-driven tandem reaction was conducted through proton-coupled electron transfer(PCET)process using water as the hydrogen donor and 1,2,3,5-tetrakis(carbazol-9-yl)-4,6-dicyanobenzene(4CzIPN)as the photocatalyst. 展开更多
关键词 PHOTOCATALYTIC multi-component synthesis Diazo compounds Radical reaction Quinoxalin-2(1H)-ones
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Regular and Singular Components of 2D Periodic Fluid Flows on a Surface of Viscous Stratified Fluid
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作者 Chashechkin Yuli Dmitrievich Ochirov Artem Alexandrovich +1 位作者 Lapshina Kristina Yurevna Trifonova Ulyana Olegovna 《Journal of Harbin Institute of Technology(New Series)》 2025年第6期26-37,共12页
The modern definition of the wave concept,which is based on the functional connection between the parameters of the spatial structure of an instantaneous flow pattern and the characteristics of the temporal variabilit... The modern definition of the wave concept,which is based on the functional connection between the parameters of the spatial structure of an instantaneous flow pattern and the characteristics of the temporal variability at a given point,is discussed.The dispersion relation for 2D plane periodic perturbations on the surface of viscous stratified fluid is selected as the characteristic function defining the wave motion.Using the theory of singular perturbations,a method for calculating complete solutions to the dispersion relations of periodic flows,including regular wave and singular ligament solutions is presented.Properties of the complete exact solution of the dispersion relation containing regular and singular functions are compared with asymptotic solutions.In limiting cases,obtained dispersion relations are matched with well⁃known expressions for waves in homogeneous viscous and ideal liquids. 展开更多
关键词 Navier⁃Stokes equation periodic flows theory of singular perturbations asymptotic methods surface capillary⁃gravity waves LIGAMENTS flow structure
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Solitons-Like Coherent Structures in Shear Flows
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作者 Ning Hu Cunbiao Lee 《Fluid Dynamics & Materials Processing》 2025年第10期2389-2417,共29页
The formation,evolution,and dynamics of flow structures in wall-bounded turbulence have long been central themes in fluid-mechanics research.Over the past three decades,Soliton-like Coherent Structures(SCSs)have emerg... The formation,evolution,and dynamics of flow structures in wall-bounded turbulence have long been central themes in fluid-mechanics research.Over the past three decades,Soliton-like Coherent Structures(SCSs)have emerged as a ubiquitous and unifying feature across a wide range of shear flows,including K-type,O-type,N-type,and bypass transitional boundary layers,as well as fully developed turbulent boundary layers,mixing layers,and pipe flows.This paper presents a systematic review of the fundamental properties of SCSs and highlights their fundamental role in multiple transition scenarios.The analysis further explores the connection between SCSs and low-speed streaks,offering insight into their coupled dynamics.The phenomenon of turbulent bursting is also examined within the context of SCS dynamics.Together,these studies underscore the potential of SCSs to serve as a coherent dynamical framework for understanding turbulence generation mechanisms in wall-bounded flows.Finally,the review extends to the manifestation of SCSs in other canonical flows,including mixing layers,stratified shear flows,and jets,confirming their universality and significance in fluid dynamics.These findings not only advance our understanding of turbulence generation but also offer a promising theoretical foundation for future research in transitional and turbulent flows. 展开更多
关键词 SCSs transition to turbulence wall-bounded flows
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Air entrainment and splash characteristics in jet flows:Effect of downstream water levels
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作者 Bai Ruidi Chen Yang Xu Weilin 《River》 2025年第3期287-296,共10页
This study investigates the air–water interaction dynamics in jet streams,with particular emphasis on the transition from the cavity to the far-field regions.A dual-tip conductivity phase-detection probe was employed... This study investigates the air–water interaction dynamics in jet streams,with particular emphasis on the transition from the cavity to the far-field regions.A dual-tip conductivity phase-detection probe was employed to analyze four distinct downstream water levels.Based on the development of the cross-sectional mean air concentration,the jet flow was divided into four distinct regions:the jet length region,impact region,splash region,and far-field region.The results demonstrate varying trends in the evolution of the mean air concentration and maximum bubble frequency.Downstream water levels exerted a significant influence on these parameters in the splash and far-field regions,whereas minimal variation was observed in the impact region.Additionally,notable differences were identified in the probability density function of water droplets between the cavity and downstream regions.Furthermore,downstream water depth was found to have a negligible effect on the proportion of small-sized droplets in both the impact and splash regions. 展开更多
关键词 air entrainment bubble count jet flow water droplet
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Sharp Interface Establishment through Slippery Fluid in Steady Exchange Flows under Stratification
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作者 Mustafa Turkyilmazoglu Abdulaziz Alotaibi 《Computer Modeling in Engineering & Sciences》 2025年第6期2847-2865,共19页
The variable salinity in stored reservoirs connected by a long channel attracts the attention of scientists worldwide,having applications in environmental and geophysical engineering.This study explores the impact of ... The variable salinity in stored reservoirs connected by a long channel attracts the attention of scientists worldwide,having applications in environmental and geophysical engineering.This study explores the impact of Navier slip conditions on exchange flows within a long channel connecting two large reservoirs of differing salinity.These horizontal density gradients drive the flow.We modify the recent one-dimensional theory,developed to avoid runaway stratification,to account for the presence of uniform slip walls.By adjusting the parameters of the horizontal density gradient based on the slip factor,we resolve analytically various flow regimes ranging from high diffusion to transitional high advection.These regimes are governed by physical parameters like channel aspect ratio,slip factor,Schmidt number,and gravitational Reynolds number.Our solutions align perfectly with ones in the no-slip limit.More importantly,under the conditions of no net flow across the channel and high Schmidt number(where stratification is concentrated near the channel’s mid-layer),we derive a closed-form solution for the slip parameter,aspect ratio,and gravitational Reynolds number that describes the interface’s behavior as a sharp interface separating two distinct zones.This interface,arising from hydrostatic wall gradients,ultimately detaches the low-and high-density regimes throughout the channel when the gravitational Reynolds number is inversely proportional to the aspect ratio for a fixed slip parameter.This phenomenon,observed previously in 2D numerical simulations with no-slip walls in the literature,is thus confirmed by our theoretical results.Our findings further demonstrate that wall slip leads to distinct and diverse flow regimes. 展开更多
关键词 STRATIFICATION density gradient exchange flow wall slip sharp interface
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Evolution of three-dimensional separation flows in stator passages of an aggressive compressor transition duct
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作者 Guangfeng AN Zhu FAN +1 位作者 Xianjun YU Baojie LIU 《Chinese Journal of Aeronautics》 2025年第5期65-79,共15页
The increasing performance demands of modern aero engines necessitate the integrated design of compressor transition ducts with upstream components to reduce the axial length of the engine.However,this design approach... The increasing performance demands of modern aero engines necessitate the integrated design of compressor transition ducts with upstream components to reduce the axial length of the engine.However,this design approach narrows the spacing between the stator and the strut,making traditional research on transition ducts only with struts unsuitable.The numerical results and experimental oil flow visualization results were utilized to reconstruct the three-dimensional flow structures in the stator passages under various operating conditions.Additionally,numerical methods were employed to analyze the mechanisms of the strut's effect on the upstream stator in an aggressive transition duct.The results show that the strut potential field increases the load on the upstream stator,leading to severe blade surface separation and corner separation/stall,and redistributes the inflow angle of the upstream stators circumferentially,resulting in significant differences in the flow structures within the stator passages on both sides.The separation flows within the stator passages mainly manifest in five types:pressure surface separation vortex,suction surface concentrated shedding vortex,suction surface separation vortex,suction surface-corner stall separation vortex,and suction surface separation vortex pair.Under different operating conditions,the separation flows within the stator passages are always composed of a part of these five types or a transitional state between two of them. 展开更多
关键词 Axial compressor Transition duct STRUTS flow separation Oil-flow visualization
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Some fundamental issues in buoyancy-driven flows with implications for geophysical and astrophysical systems
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作者 Ke-Qing Xia Kai Leong Chong +1 位作者 Guang-Yu Ding Lu Zhang 《Acta Mechanica Sinica》 2025年第1期1-21,共21页
Buoyancy-driven flows are prevalent in a wide range of geophysical and astrophysical systems. In this review, we focus on threepivotal effects that significantly influence the dynamics and transport properties of buoy... Buoyancy-driven flows are prevalent in a wide range of geophysical and astrophysical systems. In this review, we focus on threepivotal effects that significantly influence the dynamics and transport properties of buoyancy-driven flows and may have impli-cations for natural systems. These effects pertain to the role of boundary conditions, the impact of rotation, and the effect offinite size. Boundary conditions represent how the fluid flow interacts with different kinds of surfaces. Rotation, as the Earth’srotation in geophysical systems or the whirling of astrophysical systems, introduces Coriolis and centrifugal forces, leading tothe profound vortical structure and distinct transport property. Finite size, representing geometrical constraints, influences thebehavior of buoyancy-driven flows across varying geometrical settings. This review aims to provide a holistic understanding ofthe intricate interplay of these factors, offering insights into the complex natural phenomena from the perspectives of the threeeffects. 展开更多
关键词 Buoyancy-driven flows Geophysical turbulence Rayleigh-B´enard convection
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Protective effect and mechanisms of defense pile on bridge pier impacted by granular flows
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作者 WU Yihan ZHU Zhiyuan +1 位作者 ZHENG Lu BI Yuzhang 《Journal of Mountain Science》 2025年第8期2960-2980,共21页
Bridge pier failures from granular flow impacts are common.Installing defense piles upstream is an effective mitigation strategy,yet their protective mechanisms and standardized design guidelines are unclear.This stud... Bridge pier failures from granular flow impacts are common.Installing defense piles upstream is an effective mitigation strategy,yet their protective mechanisms and standardized design guidelines are unclear.This study employed 3D discrete element method to analyze the influence of defense pile size and placement on its performance across 219 scenarios,providing a detailed examination of their protective mechanisms.Results show that optimizing these factors can reduce the maximum impact force on bridge piers by up to 94%.In terms of size,a critical height threshold is identified,beyond which increasing pile height does not enhance protection.This threshold depends on the movement height of granular particles at the slope base.Protection effectiveness varies with pile size:when H≤0.05 h(H is the height of defense piles,h is the height of bridge),protection marginally improves with increasing height and diameter;for 0.05 h<H<0.15 h,protection strongly correlates with both parameters;for H≥0.15 h,diameter becomes the dominant factor.In terms of placement,an optimal longitudinal distance exists between the defense pile and the bridge pier.The larger the diameter,the greater the optimal longitudinal distance.However,the transverse distance is inversely related to protection effectiveness.Mechanistic analysis shows that defense piles are more effective at redirecting particles to prevent direct collisions with the pier(contributing 100%impact energy reduction before the non-dimensional travel time t*=7.01 and 63%–100%afterward)than at reducing particle velocity.This study provides insights into the protective mechanisms of defense piles and informs strategies for optimizing bridge pier protection in granular flow-prone regions. 展开更多
关键词 Granular flow Defense pile Bridge pier Discrete element method
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Impacts and depositional behaviors of debris flows on natural boulder-negative Poisson's ratio anchor cable baffles
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作者 Feifei Zhao Manchao He +1 位作者 Qiru Sui Zhigang Tao 《Journal of Rock Mechanics and Geotechnical Engineering》 2025年第2期946-959,共14页
The impacts of natural boulders carried by debris flows pose serious risks to the safety and reliability of structures and buildings.Natural boulders can be highly random and unpredictable.Consequently,boulder control... The impacts of natural boulders carried by debris flows pose serious risks to the safety and reliability of structures and buildings.Natural boulders can be highly random and unpredictable.Consequently,boulder control during debris flows is crucial but difficult.Herein,an eco-friendly control system featuring anchoring natural boulders(NBs)with(negative Poisson's ratio)NPR anchor cables is proposed to form an NB-NPR baffle.A series of flume experiments are conducted to verify the effect of NB-NPR baffles on controlling debris flow impact.The deployment of NB-NPR baffles substantially influences the kinematic behavior of a debris flow,primarily in the form of changes in the depositional properties and impact intensities.The results show that the NB-NPR baffle matrix successfully controls boulder mobility and exhibits positive feedback on solid particle deposition.The NB-NPR baffle group exhibits a reduction in peak impact force ranging from 29%to 79%compared to that of the control group in the basic experiment.The NPR anchor cables play a significant role in the NB-NPR baffle by demonstrating particular characteristics,including consistent resistance,large deformation,and substantial energy absorption.The NB-NPR baffle innovatively utilizes the natural boulders in a debris flow gully by converting destructive boulders into constructive boulders.Overall,this research serves as a basis for future field experiments and applications. 展开更多
关键词 Debris flow Natural boulders NPR anchor cable BAFFLE Depositional behavior Impact
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The dynamic linkage between fintech venture capital funding,bank credit flows,and equity market movement:evidence from a global perspective
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作者 Uttam Golder Suborna Barua 《Financial Innovation》 2025年第1期3475-3531,共57页
This study examines the causal relationship between financial technology startup venture capital(VC)financing and its deals with domestic credit provided by the banking sector and equity market movement.Despite the ri... This study examines the causal relationship between financial technology startup venture capital(VC)financing and its deals with domestic credit provided by the banking sector and equity market movement.Despite the rise of alternative finance,such as fintech venture capital(it is the fund that venture capital firms put into young,promising fintech companies so that they can help them expand and scale quickly),which is yet underexplored,borrowers still heavily rely on banks and the stock market for financing.We use panel data from 57 countries from 2010 to 2020 and an advanced econometric method called the cross-sectional autoregressive distributed lag model(CS-ARDL)to determine how the size and number of fintech equity funds dealt with by venture capital firms,banking sector credit,and stock market returns are interrelated at the global level and across regional,income,and economic levels.Our results reveal a cointegrating relationship between fintech venture capital funding and deals with bank loans and equity market returns.However,this relationship varies across the regions studied and between developed and developing economies.Our findings provide crucial guidelines for policymakers to create policies that support balanced financial development by highlighting the global interaction of equity market movements,banking credit,and fintech venture capital investment and lay the groundwork for internationally aligned policies to guarantee the optimal distribution of financial capital and improve economic stability and adaptability by illustrating how these links differ across geographical locations and economic conditions. 展开更多
关键词 Fintech venture funding Bank credit flows Equity market return CS-ARDL
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Research on the Impact of International Capital Flows on the Financial Stability of Emerging Economies
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作者 Shenghua Feng 《Proceedings of Business and Economic Studies》 2025年第5期177-183,共7页
International capital flows play a crucial role in the process of globalization,presenting both opportunities and challenges to the financial stability of emerging economies.This article sorts out the positive effects... International capital flows play a crucial role in the process of globalization,presenting both opportunities and challenges to the financial stability of emerging economies.This article sorts out the positive effects and potential risks of international capital flows on the financial stability of emerging economies.By combining case studies in recent years,it analyzes the complex relationship between cross-border capital flows and financial stability,and proposes policy paths for emerging economies to cope with the shock of capital flows,providing references for enhancing financial resilience and achieving sustainable development. 展开更多
关键词 International capital flows Emerging economies Financial stability Systemic risk Macroprudential management
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