By using a new economic geography model of multi-region to study the impact of market scale on spatial economic structure,we find that the home market effect plays a key role in it.At different development periods,und...By using a new economic geography model of multi-region to study the impact of market scale on spatial economic structure,we find that the home market effect plays a key role in it.At different development periods,under external shocks such as transportation costs and so on,industry shares will change due to the distribution of market scale.The spatial economic structure will gradually evolve into such forms as single core or dual-core structure,especially"central collapse"will be found in the process.Such results can be used to analyze the practical problems,including the"central collapse"in the east,central and west regions of China,the structure of city clusters,etc.With the rapid development of transportation infrastructures,China will form a variety of development patterns on different spatial scales owing to home market effect.The regional convergence can be reached through reducing the economic distance and promoting agglomerative economies,which will help achieve regional coordinated development.展开更多
Objective To analyze the scale of domestic OTC drug market and its influencing factors,so as to predict its future market and provide a scientific basis for pharmaceutical enterprises to grasp the opportunities in the...Objective To analyze the scale of domestic OTC drug market and its influencing factors,so as to predict its future market and provide a scientific basis for pharmaceutical enterprises to grasp the opportunities in the market.Methods The scale of OTC drug market from 1999 to 2018 in China and its influencing factors were analyzed by unit root test,Granger causality test and co-integration test.Results and Conclusion From the perspective of the global pharmaceutical market,OTC drug market has broad prospects and great development potential.Since the influence of GDP and the number of elderly populations on the scale of OTC drug market is positive,the predicted growth rate of OTC market in the next three years is 5.82%,5.86%and 5.90%,respectively.展开更多
The accuracy and time scale invariance of value-at-risk (VaR) measurement methods for different stock indices and at different confidence levels are tested. Extreme value theory (EVT) is applied to model the extre...The accuracy and time scale invariance of value-at-risk (VaR) measurement methods for different stock indices and at different confidence levels are tested. Extreme value theory (EVT) is applied to model the extreme tail of standardized residual series of daily/weekly indices losses, and parametric and nonparametric methods are used to estimate parameters of the general Pareto distribution (GPD), and dynamic VaR for indices of three stock markets in China. The accuracy and time scale invariance of risk measurement methods through back-testing approach are also examined. Results show that not all the indices accept time scale invariance; there are some differences in accuracy between different indices at various confidence levels. The most powerful dynamic VaR estimation methods are EVT-GJR-Hill at 97.5% level for weekly loss to Shanghai stock market, and EVT-GARCH-MLE (Hill) at 99.0% level for weekly loss to Taiwan and Hong Kong stock markets, respectively.展开更多
Irrigated agriculture in Cameroon is practiced on a large scale by large private firms and parastatals, and on a small scale by individual producers in different production areas of the country. Although small-scale i...Irrigated agriculture in Cameroon is practiced on a large scale by large private firms and parastatals, and on a small scale by individual producers in different production areas of the country. Although small-scale irrigation can supply local and sub-regional markets with food in the off-season, it has received little research and its challenges are therefore rarely addressed. In order to contribute to the knowledge of these small-scale irrigation systems, with a view to improving their structure and the management of irrigation water and energy, an assessment of small-scale irrigation in the southern slopes of the Bamboutos Mountains has been done. After direct observations, field measurements, surveys of 100 irrigators with questionnaires and interviews with administrative managers, analyses were carried out using Xlstat software. It was found out that about 226 small-scale irrigation systems designed and managed by producers have been installed on this slope between the end of December 2022 and mid-March 2023. Intended for market garden crops, 84.96% of these irrigation systems use sprinklers and 15.04% surface irrigation (furrow irrigation). Surface or underground water is mobilized using gravity (50%), fossil fuels (34.51%), electricity (14.6%) or solar energy (0.9%). Sprinkler irrigation is mainly carried out using locally manufactured hydraulic turnstiles. There is a lack of formal associations of irrigators in an environment marked by conflicts between water users, when there is not allocation for water withdrawal. Apart from the high cost of pumping energy ($1.32 per liter of fuel), the main constraint identified, which has become more acute over the years, is the lack of irrigation water during the water shortage period (from mid-January to mid-March). These constraints have led to a transition from surface irrigation to sprinkler irrigation, and the adoption of new energy supply and water mobilization technologies. The construction of collective surface and groundwater catchment structures with solar-powered pumping systems, the setting up of formal irrigators’ associations and an irrigation support service, could improve the availability of water throughout the irrigation season, thereby helping to improve the income generated by irrigated market-garden farming on the southern slopes of the Bamboutos Mountains.展开更多
文摘By using a new economic geography model of multi-region to study the impact of market scale on spatial economic structure,we find that the home market effect plays a key role in it.At different development periods,under external shocks such as transportation costs and so on,industry shares will change due to the distribution of market scale.The spatial economic structure will gradually evolve into such forms as single core or dual-core structure,especially"central collapse"will be found in the process.Such results can be used to analyze the practical problems,including the"central collapse"in the east,central and west regions of China,the structure of city clusters,etc.With the rapid development of transportation infrastructures,China will form a variety of development patterns on different spatial scales owing to home market effect.The regional convergence can be reached through reducing the economic distance and promoting agglomerative economies,which will help achieve regional coordinated development.
文摘Objective To analyze the scale of domestic OTC drug market and its influencing factors,so as to predict its future market and provide a scientific basis for pharmaceutical enterprises to grasp the opportunities in the market.Methods The scale of OTC drug market from 1999 to 2018 in China and its influencing factors were analyzed by unit root test,Granger causality test and co-integration test.Results and Conclusion From the perspective of the global pharmaceutical market,OTC drug market has broad prospects and great development potential.Since the influence of GDP and the number of elderly populations on the scale of OTC drug market is positive,the predicted growth rate of OTC market in the next three years is 5.82%,5.86%and 5.90%,respectively.
基金The National Natural Science Foundation of China (No70501025 & 70572089)
文摘The accuracy and time scale invariance of value-at-risk (VaR) measurement methods for different stock indices and at different confidence levels are tested. Extreme value theory (EVT) is applied to model the extreme tail of standardized residual series of daily/weekly indices losses, and parametric and nonparametric methods are used to estimate parameters of the general Pareto distribution (GPD), and dynamic VaR for indices of three stock markets in China. The accuracy and time scale invariance of risk measurement methods through back-testing approach are also examined. Results show that not all the indices accept time scale invariance; there are some differences in accuracy between different indices at various confidence levels. The most powerful dynamic VaR estimation methods are EVT-GJR-Hill at 97.5% level for weekly loss to Shanghai stock market, and EVT-GARCH-MLE (Hill) at 99.0% level for weekly loss to Taiwan and Hong Kong stock markets, respectively.
文摘Irrigated agriculture in Cameroon is practiced on a large scale by large private firms and parastatals, and on a small scale by individual producers in different production areas of the country. Although small-scale irrigation can supply local and sub-regional markets with food in the off-season, it has received little research and its challenges are therefore rarely addressed. In order to contribute to the knowledge of these small-scale irrigation systems, with a view to improving their structure and the management of irrigation water and energy, an assessment of small-scale irrigation in the southern slopes of the Bamboutos Mountains has been done. After direct observations, field measurements, surveys of 100 irrigators with questionnaires and interviews with administrative managers, analyses were carried out using Xlstat software. It was found out that about 226 small-scale irrigation systems designed and managed by producers have been installed on this slope between the end of December 2022 and mid-March 2023. Intended for market garden crops, 84.96% of these irrigation systems use sprinklers and 15.04% surface irrigation (furrow irrigation). Surface or underground water is mobilized using gravity (50%), fossil fuels (34.51%), electricity (14.6%) or solar energy (0.9%). Sprinkler irrigation is mainly carried out using locally manufactured hydraulic turnstiles. There is a lack of formal associations of irrigators in an environment marked by conflicts between water users, when there is not allocation for water withdrawal. Apart from the high cost of pumping energy ($1.32 per liter of fuel), the main constraint identified, which has become more acute over the years, is the lack of irrigation water during the water shortage period (from mid-January to mid-March). These constraints have led to a transition from surface irrigation to sprinkler irrigation, and the adoption of new energy supply and water mobilization technologies. The construction of collective surface and groundwater catchment structures with solar-powered pumping systems, the setting up of formal irrigators’ associations and an irrigation support service, could improve the availability of water throughout the irrigation season, thereby helping to improve the income generated by irrigated market-garden farming on the southern slopes of the Bamboutos Mountains.