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Article
Publication date: 8 January 2024

Yan Gao, Qiubo Li, Wei Wu, Qiwei Wang, Yizhe Su, Junxi Zhang, Deyuan Lin and Xiaojian Xia

The purpose of this paper is to study the effect of current-carrying condition on the electrochemical process and atmospheric corrosion behavior of the commercial aluminum alloys.

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Abstract

Purpose

The purpose of this paper is to study the effect of current-carrying condition on the electrochemical process and atmospheric corrosion behavior of the commercial aluminum alloys.

Design/methodology/approach

Potentiodynamic polarization tests were performed to study the electrochemical process of the aluminum alloys. Salt spray tests and weight loss tests were carried out to study the atmospheric corrosion behavior. The corrosion morphology of the alloys was observed, and the products were analyzed.

Findings

The corrosion process of four aluminum alloys was accelerated in the current-carrying condition. Moreover, the acceleration effect on A2024 and A7075 was much stronger than that on A1050 and A5052. The main factors would be the differences in microstructure and corrosion resistance between these alloys. As the carried current increased, the corrosion rate and corrosion current density of the aluminum alloys gradually increased, with the protection of the corrosion product film decreasing linearly.

Originality/value

This is a recent study on the corrosion behavior of conductors under current-carrying condition, which truly understands the corrosion status of power grid materials. Relevant results provide support for the corrosion protection and safe service of aluminum alloy in power systems.

Details

Anti-Corrosion Methods and Materials, vol. 71 no. 2
Type: Research Article
ISSN: 0003-5599

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Article
Publication date: 25 June 2024

Jiahao Zhang and Yu Wei

This study conducts a comparative analysis of the diversification effects of China's national carbon market (CEA) and the EU ETS Phase IV (EUA) within major commodity markets.

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Abstract

Purpose

This study conducts a comparative analysis of the diversification effects of China's national carbon market (CEA) and the EU ETS Phase IV (EUA) within major commodity markets.

Design/methodology/approach

The study employs the TVP-VAR extension of the spillover index framework to scrutinize the information spillovers among the energy, agriculture, metal, and carbon markets. Subsequently, the study explores practical applications of these findings, emphasizing how investors can harness insights from information spillovers to refine their investment strategies.

Findings

First, the CEA provide ample opportunities for portfolio diversification between the energy, agriculture, and metal markets, a desirable feature that the EUA does not possess. Second, a portfolio comprising exclusively energy and carbon assets often exhibits the highest Sharpe ratio. Nevertheless, the inclusion of agricultural and metal commodities in a carbon-oriented portfolio may potentially compromise its performance. Finally, our results underscore the pronounced advantage of minimum spillover portfolios; particularly those that designed minimize net pairwise volatility spillover, in the context of China's national carbon market.

Originality/value

This study addresses the previously unexplored intersection of information spillovers and portfolio diversification in major commodity markets, with an emphasis on the role of CEA.

Details

China Finance Review International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-1398

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Article
Publication date: 24 July 2024

Udechukwu Ojiako, Lungie Maseko, David Root, Senthilkumar Venkatachalam, Alasdair Marshall, Eman Jasim Hussain AlRaeesi and Maxwell Chipulu

We explore the design risk factors and associated managerial practices driving collaborative risk management for design efficacy in green building projects. By illuminating…

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Abstract

Purpose

We explore the design risk factors and associated managerial practices driving collaborative risk management for design efficacy in green building projects. By illuminating project design risk as an important project risk category in its own right, the study contributes to our understanding of optimising design efficacies for collaborative project risk management.

Design/methodology/approach

The study comprises exploratory interviews conducted with 27 industry project practitioners involved in the design and delivery/implementation of Green Star-certified building projects in South Africa.

Findings

The findings discursively highlight seven sources of design risk. We also identify seven specific collaborative risk management practices for design efficacy emerging from a consideration of how risk environments vary in the Green Star-certified projects, each with its own project design risk implications.

Originality/value

The study advances our understanding of how collaborations emerging from particular relational yet context-specific practices can be optimised to strengthen project risk management.

Details

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

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Article
Publication date: 28 August 2024

Yingyue Sun, Yu Wei and Yizhi Wang

We phrase our analysis around the connectedness effects and portfolio allocation in the “Carbon-Energy-Green economy” system.

182

Abstract

Purpose

We phrase our analysis around the connectedness effects and portfolio allocation in the “Carbon-Energy-Green economy” system.

Design/methodology/approach

This paper utilizes the TVP-VAR method provided by Antonakakis et al. (2020) and Chatziantoniou et al. (2021), and portfolio back-testing models, including bivariate portfolios and multivariate portfolios.

Findings

Firstly, the connectedness within the “Carbon-Energy-Green economy” system is strong, and is mainly driven by short-term (weekly) connectedness. Notably, the COVID-19 pandemic leads to a vertical increase in the connectedness of this system. Secondly, in the “Carbon-Energy-Green economy” system, most of the sectors in the green economy stocks tend to be the transmitters of shocks to other markets (particularly the energy efficiency sector), while the carbon and energy markets are always the recipients of shocks from other markets (particularly the crude oil market). Thirdly, Green economy sector stocks have satisfactory hedging effects on the market risk of carbon and energy assets. Interestingly, hedging risks in relatively “dirty” assets requires more green economy stocks than in relatively “clean” assets. Finally, the results indicate that portfolios that include green economy stocks significantly outperform portfolios that do not contain green economy stocks, further demonstrating the crucial role of green economy stocks in this system.

Originality/value

Understanding the interactions and portfolio allocation in the “Carbon-Energy-Green economy” system, especially identifying the role of the green economy performance in this system, is important for investors and policymakers.

Details

China Finance Review International, vol. 14 no. 4
Type: Research Article
ISSN: 2044-1398

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Article
Publication date: 5 June 2024

Oguz Kose

This study aims to discuss the simultaneous longitudinal and lateral flight control of the octorotor, a rotary wing unmanned aerial vehicle (UAV), for the first time under the…

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Abstract

Purpose

This study aims to discuss the simultaneous longitudinal and lateral flight control of the octorotor, a rotary wing unmanned aerial vehicle (UAV), for the first time under the effect of morphing and to improve autonomous flight performance.

Design/methodology/approach

This study aims to design and control the octorotor flight control system with stochastic optimal tuning under morphnig effect. For this purpose, models of different arm lengths of the octorotor were drawn in the Solidworks program. The morphing was carried out by simultaneously lengthening or shortening the arm lengths of the octorotor. The morphing rate was estimated by using simultaneous perturbation stochastic approximation (SPSA). The stochastic gradient descent algorithm, which is frequently used in machine learning, was used to estimate the changing moments of inertia with the change of arm lengths. The proportional integral derivative (PID) controller has been preferred as an octorotor control algorithm because of its simplicity of structure. The PID gains required to control both longitudinal and lateral flight were also estimated with SPSA.

Findings

With SPSA, three longitudinal flight PID gains, three lateral flight PID gains and one morphing ratio were estimated. PID gains remained within the limits set for SPSA, giving satisfactory results. In addition, the cost index created was 93% successful. The gradient descent algorithm used for the moment of inertia estimation achieved the optimum result in 1,570 iterations. However, in the simulations made with the obtained data, longitudinal and lateral flight was successfully carried out.

Originality/value

Octorotor longitudinal and lateral flight control was performed quickly and effectively with the proposed method. In addition, the desired parameters were obtained with the optimization methods used, and the longitudinal and lateral flight of the octorotor was successfully carried out in the desired trajectory.

Details

Aircraft Engineering and Aerospace Technology, vol. 96 no. 5
Type: Research Article
ISSN: 1748-8842

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Article
Publication date: 22 November 2024

Bingbing Liu

The purpose of this paper is to study the governance effect of total environmental target constraint policy (TETC) on border polluted areas. China’s administrative border areas…

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Abstract

Purpose

The purpose of this paper is to study the governance effect of total environmental target constraint policy (TETC) on border polluted areas. China’s administrative border areas are “pollution havens.” The paper analyzes how TETC affects the pollution situation in border areas. The TETC policy sets overall emission reduction targets for each province, and the achievement of these targets is closely related to the promotion of local officials. So, can TETC provide pollution control incentives for enterprises and governments? This deserves further research. By evaluating China’s overall environmental target policies, we can obtain directions for optimizing policy design.

Design/methodology/approach

The paper uses the difference-in-differences model to evaluate the impact of TETC on air pollution in boundary areas. Industrial enterprises located at the provincial border are in the treatment group, while industrial enterprises located within the province are in the control group. We also use group regression to analyze the policy impact effects caused by differences in urban resource endowment, types of corporate pollution and marketization levels. Finally, we constructed a spatial difference-in-differences model to analyze the distance heterogeneity of policy impacts.

Findings

TETC significantly reduces the SO2 emissions of enterprises in province borders areas compared with intra-provincial enterprises. TETC has reduced the proportion of highly polluting enterprises at province borders. Incentives for promoting officials have prompted local governments to increase environmental law enforcement and environmental protection investment, and the pollution emissions of border enterprises have been effectively alleviated. The heterogeneity analysis shows that TETC significantly restrains the pollution emissions with high pollution types, non-resource-based cities and enterprises with low market levels.

Research limitations/implications

As a developing country, China has generated a large amount of pollution during the process of industrialization. The government has taken a series of measures to reduce pollution emissions. The TETC is a typical policy with high policy constraints. Although this article tries to control the impact of some important air pollution policies as much as possible, it cannot control the impact of all other policies. So, the impact effects we empirically obtained may include some other policy factors, but these effects are relatively small and do not affect the overall regression results.

Originality/value

This paper has theoretical reference significance for optimizing the design of environmental policies, reducing the “principal-agent” problem of environmental governance and improving pollution control at province borders.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

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Article
Publication date: 27 January 2025

Rania Abdelfattah Salem, Salma Lila and Israa Lewaaelhamd

This paper aims to examine the effect of the Russian–Ukrainian conflict on international financial markets. The authors investigate the impact of oil price fluctuations on stock…

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Abstract

Purpose

This paper aims to examine the effect of the Russian–Ukrainian conflict on international financial markets. The authors investigate the impact of oil price fluctuations on stock markets’ performance in oil-importing versus oil-exporting countries in the period 2017–2023, pre and during the Russian–Ukrainian conflict.

Design/methodology/approach

The paper applies Static Panel Data for the monthly periods from 1 January 2017–31 December 2019, reflecting the time pre-conflict and from 28 November 2021–25 September 2023, reflecting the time during the conflict.

Findings

Oil prices has a significant negative impact on stock market performance in both oil-importing and exporting countries. Further analysis shows that the Russian–Ukrainian conflict reveals significant negative impact for exporting countries before the conflict, whereas the negative impact is only significant during the conflict in the case of importing countries.

Research limitations/implications

The findings are subject to several limitations. Focusing solely on the Russia–Ukraine conflict limits the generalizability of the results. The study captures only short-term effects, potentially missing longer-term market dynamics. Data constraints and the use of fixed and random effects models may not fully account for complex, nonlinear relationships. Additionally, excluding factors like interest rates and trade dynamics narrows the analysis, and treating oil-exporting and importing countries as homogenous groups overlooks critical country-specific factors. These limitations highlight important avenues for future research to gain a more nuanced understanding of geopolitical impacts on financial markets.

Practical implications

The Russia–Ukraine conflict highlights the urgent need for oil-importing countries to diversify their energy sources to reduce supply risks and stabilize markets. Moreover, investors should refine their strategies by adopting a more detailed, asset-specific approach and dynamic portfolio management to mitigate risks. Including crude oil in diversified portfolios can hedge against market volatility, providing stability during geopolitical crises.

Social implications

Given the global nature of oil markets, enhanced international policy coordination is crucial. Policymakers must collaborate to swiftly address oil supply disruptions, particularly as major economies like the US play pivotal roles in transmitting oil shocks. Additionally, understanding the interaction between economic variables and market dynamics will further strengthen risk management and policy interventions, enhancing overall financial stability.

Originality/value

This research presents a seminal study examining the relationship between oil prices and the stock market amid the Russian–Ukrainian conflict. The authors analyse the effect of oil price fluctuations caused by the conflict on stock markets in oil importing versus oil exporting countries.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1754-4408

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Article
Publication date: 24 July 2024

Jiahao Lu, Ran Tao, Di Zhu and Ruofu Xiao

This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy…

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Abstract

Purpose

This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy production theory to visualize the vortex at the top of the impeller as well as quantitatively analyzing the energy loss caused by the vortex at the top of the impeller. By combining the two methods, the two are well verified with each other that the stacking problem of the vortex at the top of the impeller and the location of the energy loss caused by the vortex are consistent with the vortex location. Such a method can reveal the problem of vortex buildup at the top of the lobe well, and provide a novel guidance idea for improving the performance of high-speed fuel pumps.

Design/methodology/approach

Based on CFD numerical simulation and analysis, this study mainly uses LCS and entropy production theory to visualize the top vortex of the impeller. Through the combination of the two methods, the accumulation problem of the top vortex of the impeller and the location of the energy loss caused by the vortex can be well revealed.

Findings

(1) The CFD numerical simulation analysis of the high-speed fuel pump is carried out, and the test is conducted to verify the numerical simulation results. The inlet and outlet pressure difference? P is used as the validation index, and the error analysis shows that the error between numerical simulation and test results is within 10%, which meets our requirements. Therefore, we carry out the next analysis with the help of CFD numerical simulation. By analyzing the full working condition simulation, its inlet and outlet differential pressure? P and efficiency? Are evaluated. It is found that its differential pressure decreases with the flow rate and its efficiency reaches its maximum at Qv = 9.87 L/s with a maximum efficiency of 78.32%. (2) We used the LCS in the analysis of vortices at the top of the impeller blades of a high-speed fuel pump. One of the metrics used to describe the LCS in fluid dynamics is the FTLE. The high FTLE region represents the region with the highest and fastest particle trajectory stretching velocity in the fluid flow. We performed a cross-sectional analysis of the FTLE field on the different height surfaces of the impeller on 25% Plane, 50% Plane, and 75% Plane, respectively. And a quarter turn of the rotor rotation was analyzed as a cycle divided into 8 moments. It is found that on 25% Plane, the vortex at the top of the lobe is not obvious, but there are high FTLE values on the shroud surface. On 50% Plane, the lobe top vortex is relatively obvious and the number of vortices is three. The vortex pattern remains stable with the rotating motion of the rotor. At 75% Plane, the lobe top vortex is more visible and its number of vortices increases to about 5 and the vortex morphology is relatively stable. The FTLE ridges visualize the vortex profile. This is a good guide for fluid dynamics analysis. (3) At the same time, we use the entropy production theory to quantitatively analyze the energy loss, and define the entropy production rate Ep. Through the entropy production analysis of the impeller shroud surface and the suction surface of the pressure surface of the blades at eight moments, we find that the areas of high energy loss are mainly concentrated in the leading and trailing edges of the blades as well as in the shroud surface close to the leading edge of the blades, and the value of the entropy production rate is up to 106 W/m3/K. The areas of high energy loss in the leading edge of the blades as well as the trailing edge show a curved arc, and the energy loss is decreasing as it moves away from the shroud surface and closer to the hub surface. The high energy loss areas at the leading and trailing edges of the blades are curved, and the energy loss decreases as they move away from the shroud surface and closer to the hub surface. The energy loss at the pressure surface of the blade is relatively small, about 5 × 105 W/m3/K, which is mainly concentrated near the leading edge of the blade near the shroud surface and the trailing edge of the blade near the hub surface. Such energy loss corresponds to the vortex LCS at the top of the impeller, and the two mirror each other.

Originality/value

This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy production theory to visualize the vortex at the top of the impeller as well as quantitatively analyzing the energy loss caused by the vortex at the top of the impeller. By combining the two methods, the two are well verified with each other that the stacking problem of the vortex at the top of the impeller and the location of the energy loss caused by the vortex are consistent with the vortex location. Such a method can reveal the problem of vortex buildup at the top of the lobe well, and provide a novel guidance idea for improving the performance of high-speed fuel pumps.

Details

Engineering Computations, vol. 41 no. 6
Type: Research Article
ISSN: 0264-4401

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Article
Publication date: 28 November 2024

Shaohua Jiang, Jingqi Zhang and Yufeng Mao

This study introduces a novel approach to preventing construction quality problems by examining the complex interrelations among such issues. Recognizing the overlooked coupling…

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Abstract

Purpose

This study introduces a novel approach to preventing construction quality problems by examining the complex interrelations among such issues. Recognizing the overlooked coupling between problems is essential, as it can exacerbate quality issues, triggering chain reactions that compromise project success. The research justifies its focus on these interrelations by highlighting the insufficiency of traditional quality management methods, which often fail to account for interconnected quality problems in the architecture, engineering and construction (AEC) industry.

Design/methodology/approach

At the core of this research is the establishment of a knowledge base for construction quality issues, marking a pioneering effort to systematically organize unstructured textual data on construction quality problems and their interconnections. This base serves as a platform for the subsequent application of advanced analytical techniques. Specifically, the study leverages preprocessing, text similarity algorithms and association rule mining to dissect and illuminate the nuanced coupling relationships among construction quality issues, a facet not thoroughly explored in prior research.

Findings

The innovative analytical methodology employed here reveals significant insights into the dynamics of construction quality issue coupling. These insights not only deepen the understanding of these complex interactions but also guide the development of targeted intervention strategies. The practical applicability and effectiveness of the proposed approach are demonstrated using selected textual materials as experimental evidence. The findings show that understanding and addressing these couplings can significantly mitigate potential chain reactions of defects, thus enhancing overall project quality.

Originality/value

The originality of this study lies in its threefold contribution: the creation of a dedicated knowledge base for construction quality issues, the application of novel analytical methodologies to decipher coupling relationships and the extension of text analysis techniques to the realm of construction quality problem prevention. Together, these innovations open new avenues for research and practice in construction management, offering a robust framework for the systematic identification and mitigation of quality issues in construction projects.

Details

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

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Article
Publication date: 7 February 2023

Min Qin, Wei Zhu, Jinxia Pan, Shuqin Li and Shanshan Qiu

Enterprises build online product community to expect users to contribute: opinion sharing (content contribution) and product consumption (product contribution). Previous…

271

Abstract

Purpose

Enterprises build online product community to expect users to contribute: opinion sharing (content contribution) and product consumption (product contribution). Previous literature rarely focused on both. The purpose of this paper is to explain user contribution mechanism by identifying content contribution and product contribution.

Design/methodology/approach

This research chose Xiaomi-hosted online product community (bbs.xiaomi.cn) and Huawei-hosted online product community (club.huawei.com) where users can freely share ideas and buy products at the same time. Data were crawled from 109,665 community users to construct dependent variable measurement, and 611 questionnaires were used to verify research hypotheses.

Findings

The results indicate that both cognitive needs and personal integration needs have a significant positive impact on browse behavior; social integration needs and hedonic needs have a significant positive impact on content contribution behavior. Browse behavior not only directly affects but also indirectly influences product contribution through content contribution behavior.

Research limitations/implications

Findings of this research provide community managers with useful insights into the relationship between content contribution and product contribution.

Originality/value

This study explains the formation mechanism of user product contribution and reveals the relationship between user content contribution and product contribution in online product community. This paper provides a different way of theorizing user contributions by incorporating uses and gratifications theory into the “Motivation-Behavior-Result” framework.

Details

Aslib Journal of Information Management, vol. 76 no. 2
Type: Research Article
ISSN: 2050-3806

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