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Open Access
Article
Publication date: 2 June 2021

Junchao Li and Shan Huang

Under the background of the overall increase of China's economic policy uncertainty and the urgent need for the transformation and upgrading of the substantial economy, this paper…

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Abstract

Purpose

Under the background of the overall increase of China's economic policy uncertainty and the urgent need for the transformation and upgrading of the substantial economy, this paper studies the time-varying causality between China's economic policy uncertainty and the growth of the substantial economy through bootstrap rolling window causality test, further refines economic policies and studies the causal differences between different types of economic policies and substantial economic growth, refining the conclusions of previous studies.

Design/methodology/approach

This paper first studies the causal relationship between China's economic policy uncertainty and substantial economic growth in the full sample period through bootstrap Granger causality test. Then, the paper tests the short-term and long-term stability of the parameters of the VAR model, and it is found that the model parameters are unstable in both the short and long term, so the results of the Granger causality test of the full sample are not credible. Finally, we conduct a dynamic test of the causal relationship between China's economic policy uncertainty and substantial economic growth by means of rolling window, so as to comprehensively analyze the dynamic characteristics and sudden changes of the relationship between them.

Findings

The research shows that economic policy uncertainty in China has a significant inhibiting effect on the growth of substantial economy. Growth in the substantial economy will drive up economic policy uncertainty before 2016 and restrain it after that. In addition, this paper further subdivides economic policy uncertainty to explore the causal differences between different types of economic policy uncertainty and substantial economic growth. The test results show that the relationship between them has obvious policy heterogeneity. The fiscal policy uncertainty and the monetary policy uncertainty, as the main policy means in China, has a significant impact on the growth rate of substantial economy in multiple ranges, but the effect time is short. Although trade policy uncertainty has a significant impact on the growth rate of substantial economy only during the financial crisis, the effect lasts for a long time. The impact of exchange rate and capital account policy uncertainty on the growth rate of substantial economy is mainly reflected after 2020.

Originality/value

The values of this paper are as follows: First, the economic policy uncertainty is combined with the growth of substantial economy, which makes up the gap of previous studies. Second, the economic policy uncertainty is further subdivided. The paper explores the causal differences between different types of economic policy uncertainties and the growth of substantial economy, so as to make the research more detailed. Finally, different from the previous static analysis, this paper uses dynamic model to examine the relationship between China's economic policy uncertainty and the growth of substantial economy from a dynamic perspective, with richer research conclusions.

Details

Marine Economics and Management, vol. 4 no. 2
Type: Research Article
ISSN: 2516-158X

Keywords

Article
Publication date: 4 February 2021

Junchao Li, Ran Yan, Yanan Yang and Feng Xie

The purpose of this study was to prepare water-based binders, which aimed to avoid printhead blockage and to improve dimensional accuracy of inkjet 3D printing (3DP) technology…

Abstract

Purpose

The purpose of this study was to prepare water-based binders, which aimed to avoid printhead blockage and to improve dimensional accuracy of inkjet 3D printing (3DP) technology, and a feasible algorithm of full-color printing was realized.

Design/methodology/approach

A self-developed color 3D printer was made by using a piezoelectric printhead of Epson Dx-5. Several water-based binders and corresponding gypsum composite powders were prepared, and the optimum binder-powder assembly was then determined through elementary adhesive testing and roller paving testing. Full-color printing was implemented based on halftoning algorithms that used different threshold matrices for different ink channels, and the performances of various algorithms were evaluated in terms of both subjective and objective indices.

Findings

The optimum binder-powder assembly can solve the jamming problem of printhead and realize agreeable dimensional accuracy with the relative error less than 2.5% owing to the satisfying boundary diffusion control ability. And the determined halftone algorithm was verified to be agreeable for 3D color printing.

Originality/value

The prepared approach of water-based binders and gypsum composite powders can be applied to similar 3DP systems even if different materials are introduced. And the used halftone algorithms provide feasible guidelines to the implementation of 3D full-color printing.

Details

Rapid Prototyping Journal, vol. 27 no. 3
Type: Research Article
ISSN: 1355-2546

Keywords

Article
Publication date: 30 November 2021

Junchao Li, Yanan Yang, Ze Zhao and Ran Yan

The purpose of this study is to establish a finite element (FE) model with the random distribution of the Nylon12/hydroxyapatite (PA12/HA) composite material in selective laser…

Abstract

Purpose

The purpose of this study is to establish a finite element (FE) model with the random distribution of the Nylon12/hydroxyapatite (PA12/HA) composite material in selective laser sintering (SLS) process for considering the material anisotropy, which aims to obtain the law of temperature and stress changes in PA12/HA sintering.

Design/methodology/approach

By using python script in Abaqus, the FE model is established in which the two materials are randomly distributed and are assigned to their intrinsic temperature-dependent physical parameters. Molten pool sizes at various process parameters were evaluated in terms of numerical simulation and scanning electron microscope analysis, identifying a good agreement between them. Evaluation of temperature and stress distribution under the condition of different HA contents was also conducted.

Findings

It shows that the uneven distribution and quantity of HA powder play a vital role in stress concentration and temperature increase. Additionally, the influence of HA addition on the mechanical performance of SLS-fabricated parts shows that it is conducive to improve compressive strength when the HA ratio is less than 5% because an excess of HA powder tends to bring about a certain amount of microspores resulting in a decrease in part density.

Originality/value

The FE model of the PA12/HA composite material with parameterized random distribution in SLS can be applied in other similar additive manufacturing technologies. It provides a feasible guideline for the numerical analysis of properties of composite materials.

Details

Rapid Prototyping Journal, vol. 28 no. 5
Type: Research Article
ISSN: 1355-2546

Keywords

Article
Publication date: 3 June 2024

Guangqian Ren, Junchao Li, Mengjie Zhao and Minna Zheng

This study aims to examine the ramifications of corporate environmental, social and governance (ESG) investing in zombie firms and considers how external funding support may…

Abstract

Purpose

This study aims to examine the ramifications of corporate environmental, social and governance (ESG) investing in zombie firms and considers how external funding support may moderate this relationship given the sustainable nature of ESG performance, which often incurs costs.

Design/methodology/approach

Panel regression analyses used data from China’s A-share listed companies from 2011 to 2019, resulting in a data set comprising 6,054 observations.

Findings

Despite firms’ additional financial burdens, corporate ESG investing emerges as a catalyst in resurrecting zombie firms by attracting investor attention. Further analysis underscores the significance of funding support from entities such as the government and banks in alleviating ESG cost pressures and enhancing the efficacy of corporate ESG investing. Notably, the positive impact of corporate ESG investing is most pronounced in non-heavily polluting and non-state-owned firms. The results of classification tests reveal that social (S) and governance (G) investing yield greater efficacy in revitalizing zombie firms compared to environmental (E) investing.

Practical implications

This research enriches the discourse on corporate ESG investing and offers insights for governing zombie firms and shaping government policies.

Originality/value

By extending the domain of ESG research to encompass zombie firms, this paper sheds light on the multifaceted role of corporate ESG investing. Furthermore, this study comprehensively evaluates the influence of external funding support on the positive outcomes of ESG investing, thereby contributing to the resolution of the longstanding debate on the relationship between ESG performance and corporate financial performance, particularly with regard to ESG costs and benefits.

Details

Chinese Management Studies, vol. 19 no. 1
Type: Research Article
ISSN: 1750-614X

Keywords

Open Access
Article
Publication date: 7 December 2021

Yin Kedong, Zhe Liu, Caixia Zhang, Shan Huang, Junchao Li, Lingyun Lv, Xiaqing Su and Runchuan Zhang

In recent years, China's marine industry has maintained rapid growth in general, and marine-related economic activities have continued to improve. The purpose of this research is…

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Abstract

Purpose

In recent years, China's marine industry has maintained rapid growth in general, and marine-related economic activities have continued to improve. The purpose of this research is to analyze the basic situation of China's marine economy development, identify the problems therein, forecast development trends and propose policy recommendations accordingly.

Design/methodology/approach

This research conducts a comprehensive and detailed analysis of the development of China's marine economy with rich data in diversified aspects. The current situation of China's marine economy development is analyzed from the perspective of scale and structure, and the external and internal development environment of China's marine economy is discussed. With the application of measurement and prediction method such as trend extrapolation, exponential smoothing, grey forecasting and neural network method, the future situation of China's marine economy development is forecasted.

Findings

In a complex environment where uncertainties at home and abroad have increased significantly, China's marine economy development suffers tremendous downward pressure in recent years. As China has achieved major achievements in the prevention and control of the COVID-19 epidemic, the marine economy development will gradually return to normal. It is estimated that the gross marine production value in 2022 will exceed 10 trillion yuan. China's marine economy will continue to maintain a steady growth trend in the future, and its development prospects will remain promising.

Originality/value

This research explores the current situation and trends of China's marine economy development and puts forward policy recommendations to promote the steady and health development of China's marine economy accordingly.

Details

Marine Economics and Management, vol. 5 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

Article
Publication date: 6 March 2024

Qiuchen Zhao, Xue Li, Junchao Hu, Yuehui Jiang, Kun Yang and Qingyuan Wang

The purpose of this paper is to determine the ultra-high cycle fatigue behavior and ultra-slow crack propagation behavior of selective laser melting (SLM) AlSi7Mg alloy under…

Abstract

Purpose

The purpose of this paper is to determine the ultra-high cycle fatigue behavior and ultra-slow crack propagation behavior of selective laser melting (SLM) AlSi7Mg alloy under as-built conditions.

Design/methodology/approach

Constant amplitude and two-step variable amplitude fatigue tests were carried out using ultrasonic fatigue equipment. The fracture surface of the failure specimen was quantitatively analyzed by scanning electron microscope (SEM).

Findings

The results show that the competition of surface and interior crack initiation modes leads to a duplex S–N curve. Both manufacturing defects (such as the lack of fusion) and inclusions can act as initially fatal fatigue microcracks, and the fatigue sensitivity level decreases with the location, size and type of the maximum defects.

Originality/value

The research results play a certain role in understanding the ultra-high cycle fatigue behavior of additive manufacturing aluminum alloys. It can provide reference for improving the process parameters of SLM technology.

Details

International Journal of Structural Integrity, vol. 15 no. 2
Type: Research Article
ISSN: 1757-9864

Keywords

Article
Publication date: 26 November 2024

Michael Halinski, Laura Gover and Linda Duxbury

While there has been growing interest in how personal and work-related factors shape employees’ careers, we know little about how family demands affect career intentions. Drawing…

Abstract

Purpose

While there has been growing interest in how personal and work-related factors shape employees’ careers, we know little about how family demands affect career intentions. Drawing from role theory and boundary theory, we examine the indirect effect of family-role overload on career intentions via family-interferes-with-work (FIW), as well as the conditional indirect effect of boundary management on these relationships.

Design/methodology/approach

Utilizing two waves of panel data that were collected in the third and fourth waves of the pandemic in Canada (n = 433), we conducted a structural equation model to test our hypotheses.

Findings

Our analysis reveals that FIW mediates the relationship between family-role overload and (1) career change intention and (2) job turnover intention. The results also indicate that the effect of family-role overload on career intentions via FIW strengthens for employees with a low ability to enact preferred boundaries.

Originality/value

This research shows the indirect effect of family-role overload on career intentions via FIW. This research also highlights how boundary management can buffer the effects of family-role overload on career intentions.

Details

Personnel Review, vol. 54 no. 1
Type: Research Article
ISSN: 0048-3486

Keywords

Article
Publication date: 25 June 2024

Athar Mahmood, Manisha Seth, Shalini Srivastava, A.K. Jain and Knut Laaser

This study based on the conservation of resources (COR) theory examines the role of employees’ voice behavior in the form of a mediator, linking abusive supervision (AS) and…

Abstract

Purpose

This study based on the conservation of resources (COR) theory examines the role of employees’ voice behavior in the form of a mediator, linking abusive supervision (AS) and turnover intention. It also investigates the moderating role of workplace friendship in the mediated AS–turnover intention relationship through voice behavior.

Design/methodology/approach

A two-wave data collection method was used to collect data from the 324 respondents employed in various companies with a geographical spread across northern India. The study used PROCESS macro to test the hypothesized model.

Findings

The findings of the study supported the meditated moderation hypothesis suggesting workplace friendship reduces the mediating effect of AS on employees’ intention to exit employment relationships.

Practical implications

The study yields important implications for organizations with respect to developing a disciplinary framework for AS. It focuses on the need for promoting and implementing psychological well-being-related interventions at the workplace for subordinates as well as supervisors, which in turn can help them apply healthy coping strategies in stressful situations and prevent them from indulging in counterproductive work behaviors.

Originality/value

The utilization of COR as a framework to explain the role of voice behavior and workplace friendships with respect to AS is thus far scant.

Details

Leadership & Organization Development Journal, vol. 45 no. 8
Type: Research Article
ISSN: 0143-7739

Keywords

Article
Publication date: 9 May 2023

Junchao Zhu, GuangCheng Wei, Chen Zong and DaKuan Xin

This paper aim to take the ship shaft stern bearing as the research object, and studies the influence of journal axial vibration on bearing dynamic characteristics under different…

Abstract

Purpose

This paper aim to take the ship shaft stern bearing as the research object, and studies the influence of journal axial vibration on bearing dynamic characteristics under different misaligned angles and rotation speeds.

Design/methodology/approach

Computational fluid dynamics (CFD) and harmonic excitation method were used to build bearing unstable lubrication model, and the dynamic mesh technology was used in calculation.

Findings

The results indicate that journal axial vibration has a significant effect on bearing dynamic characteristics, like maximum oil film pressure, bearing stiffness and damping coefficients, and the effect is positively correlated with journal misaligned angle. The effect of shaft rotation speed and journal axial vibration on bearing dynamics characteristics are independent; they have no coupling. Bearing axial stiffness is mainly affected by the journal axial displacement, bearing axial damping is mainly affected by journal axial velocity and they are positively correlated with the misaligned angle. The influence of rotational speed on bearing axial stiffness and axial damping is not obvious.

Originality/value

This paper establishes the bearing dynamic model by CFD and harmonic excitation method with consideration of cavitation effect and analyzing the influence of journal axial vibration on the dynamic characteristics. The results are benefit to the design of ship propulsion shaft and the selection of stern bearing. Also, they are of great significance to improve the operation stability of the shaft bearing system and the vitality of the ship.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-11-2022-0337/

Details

Industrial Lubrication and Tribology, vol. 75 no. 5
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 12 February 2024

Junchao Zhang

This research endeavors to assess the influence of financial shared service centers (FSSCs) on the quality of accounting information within China’s A-share listed companies. Using…

Abstract

Purpose

This research endeavors to assess the influence of financial shared service centers (FSSCs) on the quality of accounting information within China’s A-share listed companies. Using a multi-period difference-in-differences (DID) model, the study aims to empirically examine the correlation between the adoption of FSSCs and the quality of accounting information.

Design/methodology/approach

The study uses a robust methodology to evaluate the relationship between FSSCs and accounting information quality (AIQ). Leveraging the established FSSCs within China’s A-share listed companies as the treatment group, this research adopts a multi-period DID model. This approach enables a rigorous empirical examination of the influence exerted by FSSCs on the overall quality of accounting information.

Findings

The present study delves into the impact of FSSCs on AIQ and conducts empirical analysis using data from Chinese A-share listed companies between 2004 and 2021. The findings substantiate that: FSSCs significantly bolster the quality of accounting information, a conclusion retained even after robustness tests. Specifically, FSSCs exhibit a positive correlation with the comparability, timeliness and disclosure quality of accounting information while demonstrating no significant influence on relevance, robustness and reliability factors.

Research limitations/implications

First, the analysis primarily rests upon data from Chinese A-share listed companies between 2004 and 2021, potentially constraining the generalizability of findings across diverse contexts. Second, despite controlling for various factors, unobserved variables or external factors not encompassed in the model might influence the relationship between FSSCs and AIQ. Additionally, the study’s reliance solely on quantitative data confines exploration into qualitative aspects that might offer a more comprehensive understanding of FSSCs’ impact on AIQ.

Practical implications

This paper establishes a nuanced connection between FSSC operations and AIQ, furnishing direct empirical evidence for their economic implications and propounding a novel avenue for augmenting AIQ. And, it furnishes guidance for forthcoming FSSC development, accentuating the necessity of harnessing information technology to enhance the relevance, reliability and robustness of accounting information.

Originality/value

Majority of prior empirical studies assessing AIQ have focused on singular indicators, lacking a comprehensive depiction of its overall level. To address this gap, this paper pioneers the construction of a comprehensive index for AIQ, providing a holistic representation of its level. Furthermore, this study stands as the inaugural investigation into the relationship between China’s A-share listed firms’ FSSCs and the quality of accounting information.

Details

Review of Accounting and Finance, vol. 23 no. 3
Type: Research Article
ISSN: 1475-7702

Keywords

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