Rabia Shahid, Humera Shahid, Li Shijie, Faiq Mahmood and Ning Yifan
Using the Shanghai pilot free trade zone (SPFTZ) as the testing ground for further reform and opening up,the links between global value chain (GVC) and pilot free trade zone…
Abstract
Purpose
Using the Shanghai pilot free trade zone (SPFTZ) as the testing ground for further reform and opening up,the links between global value chain (GVC) and pilot free trade zone (PFTZ) programs are mutually reinforcing. GVC creates opportunities for companies to use PFTZ to reduce their costs and increase their competitiveness, while PFTZ can facilitate the movement of goods within GVC and promote the development of GVC by attracting foreign investment. Overall, in SPFTZ, the industrial structure is promoted due to trade and investment facilitation, innovation promotion, and comprehensive service platform inside SPFTZ.
Design/methodology/approach
This study examined industrial upgrading in GVC (IUGVC) using five indicators under three quantitative dimensions: product, process, and skill upgrading. Difference-in-Differences (DID) model is employed for the impact assessment of SPFTZ. Parallel trend analysis and Granger causality analysis are performed to check the reliability of DID outcome. Finally, robustness test using exogenous control variables are carried out.
Findings
A positive impact of SPFTZ is found on IUGVC, which is due to promoting effect of SPFTZ on foreign direct investment and technological innovation. Based on the study's findings, policy recommendations are given, such as providing business support to enterprises operating inside a PFTZ.
Originality/value
From a GVC perspective, the impact of theSPFTZ establishment on IUGVC cannot be ignored, and is so far missing in the literature.
Details
Keywords
Wenshen Xu, Yifan Zhang, Xinhang Jiang, Jun Lian and Ye Lin
In the field of steel defect detection, the existing detection algorithms struggle to achieve a satisfactory balance between detection accuracy, computational cost and inference…
Abstract
Purpose
In the field of steel defect detection, the existing detection algorithms struggle to achieve a satisfactory balance between detection accuracy, computational cost and inference speed due to the interference from complex background information, the variety of defect types and significant variations in defect morphology. To solve this problem, this paper aims to propose an efficient detector based on multi-scale information extraction (MSI-YOLO), which uses YOLOv8s as the baseline model.
Design/methodology/approach
First, the authors introduce an efficient multi-scale convolution with different-sized convolution kernels, which enables the feature extraction network to accommodate significant variations in defect morphology. Furthermore, the authors introduce the channel prior convolutional attention mechanism, which allows the network to focus on defect areas and ignore complex background interference. Considering the lightweight design and accuracy improvement, the authors introduce a more lightweight feature fusion network (Slim-neck) to improve the fusion effect of feature maps.
Findings
MSI-YOLO achieves 79.9% mean average precision on the public data set Northeastern University (NEU)-DET, with a model size of only 19.0 MB and an frames per second of 62.5. Compared with other state-of-the-art detectors, MSI-YOLO greatly improves the recognition accuracy and has significant advantages in computational cost and inference speed. Additionally, the strong generalization ability of MSI-YOLO is verified on the collected industrial site steel data set.
Originality/value
This paper proposes an efficient steel defect detector with high accuracy, low computational cost, excellent detection speed and strong generalization ability, which is more valuable for practical applications in resource-limited industrial production.
Details
Keywords
The profound impact of the COVID-19 pandemic on the film industry has underscored the growing significance of online movies. However, there is limited research available on the…
Abstract
Purpose
The profound impact of the COVID-19 pandemic on the film industry has underscored the growing significance of online movies. However, there is limited research available on the factors that influence the viewership of online films. Therefore, this study aims to use the signaling theory to investigate how signals of varying qualities affect online movie viewership, considering both signal transmission costs and prices.
Design/methodology/approach
This study uses a sample of 1,071 online movies released on the iQiyi from July 2020 to July 2022. It uses OLS regression and instrumental variable method to examine the impact of various quality indicators on the viewership of online movies, as well as the moderating effect of price.
Findings
After conducting a thorough analysis of this study, it can be deduced that the varying impacts on online movie viewership are attributed to disparities in signal transmission costs. Specifically, star influence and rating exhibit a positive effect on the viewership of online movies, whereas the number of raters has a detrimental impact. Furthermore, there exists an “inverted U-shaped” relationship between the number of reviews and online movie viewership. Additionally, within the consumer decision-making process, both price-cost and price-quality relationships coexist. This is evident as prices negatively affect online movie viewership but positively moderate the relationship between rating, number of reviews and online movie viewership.
Originality/value
The research findings of this study offer valuable insights for online film producers to effectively leverage quality signals and pricing, thereby capturing market attention and enhancing film profitability.