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The purpose of this paper is to investigate how China's rural public pension affects farmers' formal borrowing, which has always been rationed.
Abstract
Purpose
The purpose of this paper is to investigate how China's rural public pension affects farmers' formal borrowing, which has always been rationed.
Design/methodology/approach
This paper uses a difference-in-difference (DID) estimation to evaluate the effect of the implementation of the New Rural Pension Scheme (NRPS) at the end of 2009 on farmers' formal borrowing.
Findings
The results show that the NRPS significantly reduces farmers' formal borrowing from rural credit cooperatives (RCCs). The effect is significant among the elderly, eastern China and high-income groups.
Originality/value
This study contributes to the literature by identifying another potential reason for rural formal credit shortage. Policymakers and rural formal financial institutions should consider the demand side problem of lending.
Details
Keywords
Jingjing Gao, Qingen Gai, Binbin Liu and Qinghua Shi
China is the world's largest consumer of pesticides. To increase the use efficiency and achieve more sustainable and environmentally friendly use of pesticides in China, it is…
Abstract
Purpose
China is the world's largest consumer of pesticides. To increase the use efficiency and achieve more sustainable and environmentally friendly use of pesticides in China, it is crucial to understand why Chinese farmers use such a large amount of pesticides.
Design/methodology/approach
The relationship between farm size and pesticide use was investigated by using national household-level panel data from 1995 to 2016.
Finding
Farms that are small and fragmented lead to the use of large amounts of pesticides in China. For a given crop type, three factors contribute to a negative relationship between farm size and pesticide use: the spillover effect from the use of pesticides by other farmers in the same village, the level of mechanization and the management ability of farmers. The first two factors play important roles in the cultivation of grain crops, while the last factor is the main reason why farmers with larger plots of land use fewer pesticides in the cultivation of vegetables. In addition, the effect of agricultural machinery services on reducing the use of pesticides is currently limited, and the service system in China is still insufficient, which has been pointed out that it is also due to the prevalence of small and fragmented farms.
Originality/value
The authors investigate and compare the farm size–pesticide use relationship in both grain and cash crop production. Moreover, the authors systematically explore and explain how farm size is related to a reduction in pesticide use in the cultivation of grain crops and cash crops. These results can help to better understand the role of land scale in pesticide use, lay a foundation for the formulation of policies to reduce pesticide use and provide valuable knowledge about pesticide use for other developing countries around the world.
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Jiaojiao Fan, Xin Li, Qinghua Shi and Chi-Wei Su
The purpose of this paper is to examine the causal relationship between Chinese housing and stock markets. The authors discuss the three transmission mechanisms between the two…
Abstract
Purpose
The purpose of this paper is to examine the causal relationship between Chinese housing and stock markets. The authors discuss the three transmission mechanisms between the two markets: wealth effect, modern portfolio theory and credit-price effect. Moreover, the authors focus on the effects of inflation on the relationship between the two markets.
Design/methodology/approach
This paper uses wavelet analysis to test the housing and stock markets relationship both in the frequency domain and time domain.
Findings
The empirical results indicate that housing prices have a positive effect on stock prices, and these have the same effect on housing prices. Moreover, this positive effect means that stock prices have a wealth effect on housing prices and these have a credit-price effect on stock prices.
Research limitations/implications
These results provide information to financial institutions and individual investors in China to assist them in constructing investment portfolios within these two asset markets.
Originality/value
The authors first use wavelet analysis to analyze Chinese housing and stock markets and to provide information both on the frequency domain and time domain. Moreover, the authors take the inflation factor as a control variable in the causal relationship between the housing and stock markets.
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Keywords
Xiaoyan Chen, Weina Zhu, Yajiao Chen and Qinghua He
The development and evolution of stakeholder collaborative innovation in megaprojects is impacted by various influencing factors. The effect of influencing factors on…
Abstract
Purpose
The development and evolution of stakeholder collaborative innovation in megaprojects is impacted by various influencing factors. The effect of influencing factors on collaborative innovation performance (CIP) in megaprojects is not a simplistic linear relationship but an iterative and non-linear relationship that requires a dynamic perspective to analyze. Therefore, this paper adopts the system dynamic (SD) approach to investigate the dynamic and interactive relationships between the CIP and the influencing factors.
Design/methodology/approach
The study first develops a research framework with the system boundary of “CIP system – organizational collaboration subsystem – knowledge collaboration subsystem – strategic collaboration subsystem”. Then, the causal relationship model, the stock-flow model, and the mathematical equations were determined based on the literature review and the expert interviews. Finally, five performance improvement scenarios were designed according to the practice context of CIP in megaprojects, and simulations were performed using the Vensim PLE software to investigate the CIP from a dynamic perspective.
Findings
The findings reveal that the effect of different influencing factors on CIP grows non-linearly, with the cumulative effect becoming more pronounced as time advances. The incentive mechanism has the most significant effect, and the combined effect of multiple influencing factors has a highly significant facilitating effect on improving CIP. Strategic collaboration, organizational collaboration and knowledge collaboration are mutually conditional and reinforcing with each other, which ultimately promotes the improvement of CIP.
Originality/value
This study uncovers the inherent pattern and the interactive dynamic mechanism of factors for improving CIP in the context of megaprojects. It enriches the theoretical research in the area of collaborative innovation in megaprojects and provides practical management strategies for improving CIP.
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Keywords
Fei Fan, Lin Fu and Qinghua Jiang
This study aims to examine how young consumers perceive the advertising effectiveness of endorsements by virtual idols and how endorsements by virtual idols differ from…
Abstract
Purpose
This study aims to examine how young consumers perceive the advertising effectiveness of endorsements by virtual idols and how endorsements by virtual idols differ from endorsements by real human celebrities such as traditional celebrities and online influencers.
Design/methodology/approach
An experimental study was conducted with 400 randomly selected young respondents in China in December 2022. A 3 × 2 factorial design was used to test how the type of celebrity endorser and level of product involvement influence the persuasiveness of advertising aimed at young adults. Among 400 respondents, the average age was 21.5 years. A total of 193 male and 207 female respondents participated in the experiment.
Findings
Young consumers find virtual idols, online influencers and traditional celebrities attractive. Although virtual idols are the least credible among the three types of celebrity endorsers, young consumers tend to be more convinced by their endorsements of products with low levels of consumer involvement than those with high levels of involvement. Among the three types of celebrity endorsements, young consumers find traditional celebrities the most effective. In addition, young consumers’ attitudes toward celebrity endorsers mediate the impact of celebrity endorsers’ attractiveness and credibility on their attitudes toward the advertisements. The perceived level of product involvement moderates the transfer of meaning from the attitude toward the celebrity endorsers to the attitude toward the advertisement.
Practical implications
First, when choosing celebrity endorsers to advertise products targeting young consumers, marketing communication practitioners should give priority to the endorsers’ perceived credibility, as young consumers have a variety of views about them that can significantly affect their attitudes toward the advertisement. Second, real human celebrity endorsers are more effective than virtual idols in celebrity endorsements. However, virtual idols may be suited for use in advertisements to promote products with low involvement levels, such as soft drinks.
Originality/value
To the best of the authors’ knowledge, this is the first experimental study to attempt to analyze the effectiveness of virtual idols in advertising aimed at young consumers. This is also the first comparative study to introduce virtual idols as celebrity endorsers in product advertising and to compare their effectiveness with that of the two other types of commonly discussed celebrity endorsers, traditional celebrities and online influencers.
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Lu Yiling, Qinghua He, Ge Wang, Xiaopeng Deng and Jingxiao Zhang
Given the heavy pollution feature of the construction industry, construction corporations need to adopt an effective environmental governance strategy. The quality and quantity of…
Abstract
Purpose
Given the heavy pollution feature of the construction industry, construction corporations need to adopt an effective environmental governance strategy. The quality and quantity of environmental information disclosure (EID) implementation, as an essential part of a corporate environmental governance strategy, is impacted by the characteristics of the top management team (TMT). This paper aims to analyze the relationship between the demographic characteristics of the TMT (i.e. gender, age, tenure, educational level, and duality) and corporate EID.
Design/methodology/approach
Using data from listed construction corporations generated between 2014 to 2018 in China, this study employs the Tobit regression model to test the research hypotheses. Also, this study applies a novel analytical approach, necessary condition analysis (NCA), to conduct a series of additional tests.
Findings
The results reveal that tenure and educational level are significantly and positively related to EID, while gender, age, and duality in the executive role are not significantly related to EID. When considering the TMT size as a moderator, the TMT age is positively related to the corporate EID, and the size of the TMT acts as a moderator to weaken the positive effect of the TMT age on the EID. The NCA results show that TMT gender, age, tenure, and educational level are necessary when the levels of EID exceed 40%.
Originality/value
Our findings suggest that TMT characteristics have a relatively significant effect on corporate EID levels, which extends EID research to the construction industry. Corporate planners can endeavor to shape TMT characteristics to improve EID levels. The results of NCA provide insights into what TMT characteristics construction corporations need to satisfy in their pursuit of transparent EID, as well as the levels at which these characteristics are desired.
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The growing attention to green supply chain transparency prompts firms to disclose their environmental efforts and manage environmental issues along supply chains. Drawn upon…
Abstract
Purpose
The growing attention to green supply chain transparency prompts firms to disclose their environmental efforts and manage environmental issues along supply chains. Drawn upon diffusion theory, this study aims to investigate how customers’ environmental efforts can be diffused to suppliers for similar actions, as well as how customers’ (diffusors’) characteristics and suppliers’ (followers’) capability in digital technology application moderate the relationship.
Design/methodology/approach
This study collects secondary data of 1,514 unique customer-supplier dyad year observations of Chinese listed firms and their disclosed environmental efforts from 2009 to 2022. A fixed-effect regression model is used to test the hypotheses.
Findings
This study reveals a positive association between customers’ disclosed environmental efforts and those of their suppliers. Furthermore, the relationship is strengthened when customers are state-owned or when suppliers possess higher levels of digital technology application capability. These findings remain robust when alternative measures of variables are employed.
Originality/value
This study contributes to the supply chain transparency literature by uncovering the diffusion mechanism of environmental efforts from customers to their suppliers. It further identifies moderators for this diffusion, including customers’ (diffusors’) ownership and suppliers’ (followers’) capability. Lastly, our study extends the applicability of diffusion theory within a buyer–supplier context.
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Keywords
Zimin Li, Zilong Zhu, Jianqiu Wang, Meng Wang, Ting Hou, Qinghua Li and Pei Yu
Two corrosion inhibitors for closed cooling water systems, nitrite-based and mixture of nitrite and molybdate corrosion inhibitor, are often compared to each other. This study…
Abstract
Purpose
Two corrosion inhibitors for closed cooling water systems, nitrite-based and mixture of nitrite and molybdate corrosion inhibitor, are often compared to each other. This study aims to optimize these two inhibitors in terms of concentration and pH for carbon steel protection, with insights into the double layer structure on surface and its impact on corrosion inhibition.
Design/methodology/approach
Electrochemical analysis including electrochemical impedance spectroscopy and potentiodynamic test are carried out for quick assessment of corrosion inhibition efficiency and optimization, which is confirmed by immersion test and microscopic analysis. The electronic properties of the surface film are analyzed through Mott–Schottky method which provides new insights into the inhibition mechanism and the role of each component in mixture inhibitor.
Findings
Mixture of nitrite and molybdate is shown to present higher inhibition efficiency, owning to the double layer structure. Nitrite alone can form a protective surface film, whereas molybdate leads to an n-type semiconductive film with lower donor density, hence giving rise to a better inhibition effect.
Research limitations/implications
Surface after inhibitor treatment has been carefully characterized to the microscopic scale, implying the effect of micro-structure, chemical composition and electronic properties on the corrosion resistance. Inorganic corrosion inhibitors can be tuned to provide higher efficiency by careful design of surface film structure and composition.
Originality/value
Almost every study on corrosion inhibitor applies such method for quick assessment of corrosion inhibition effect. Mott–Schottky test is one of electrochemical methods that reveals the electronic properties of the surface film. Previous works have studied the surface layer mainly through X-ray photoelectron spectroscopy. This study provides another insight into the surface film treated by nitrite and molybdate through Mott–Schottky analysis, and relates this structure to the corrosion inhibition effect based on multiple analysis including electrochemistry, microscopic characterization, thermodynamics and interface chemistry.
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Keywords
Pengfei Jia, Fengchun Tian, Shu Fan, Qinghua He, Jingwei Feng and Simon X. Yang
The purpose of the paper is to propose a new optimization algorithm to realize a synchronous optimization of sensor array and classifier, to improve the performance of E-nose in…
Abstract
Purpose
The purpose of the paper is to propose a new optimization algorithm to realize a synchronous optimization of sensor array and classifier, to improve the performance of E-nose in the detection of wound infection. When an electronic nose (E-nose) is used to detect the wound infection, sensor array’s optimization and parameters’ setting of classifier have a strong impact on the classification accuracy.
Design/methodology/approach
An enhanced quantum-behaved particle swarm optimization based on genetic algorithm, genetic quantum-behaved particle swarm optimization (G-QPSO), is proposed to realize a synchronous optimization of sensor array and classifier. The importance-factor (I-F) method is used to weight the sensors of E-nose by its degree of importance in classification. Both radical basis function network and support vector machine are used for classification.
Findings
The classification accuracy of E-nose is the highest when the weighting coefficients of the I-F method and classifier’s parameters are optimized by G-QPSO. All results make it clear that the proposed method is an ideal optimization method of E-nose in the detection of wound infection.
Research limitations/implications
To make the proposed optimization method more effective, the key point of further research is to enhance the classifier of E-nose.
Practical implications
In this paper, E-nose is used to distinguish the class of wound infection; meanwhile, G-QPSO is used to realize a synchronous optimization of sensor array and classifier of E-nose. These are all important for E-nose to realize its clinical application in wound monitoring.
Originality/value
The innovative concept improves the performance of E-nose in wound monitoring and paves the way for the clinical detection of E-nose.
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Keywords
Junjun Liu, Yunting Feng, Qinghua Zhu and Joseph Sarkis
Green supply chain management (GSCM) and the circular economy (CE) overlap but also differ. The purpose of this paper is to clarify linkages between these two concepts. It…
Abstract
Purpose
Green supply chain management (GSCM) and the circular economy (CE) overlap but also differ. The purpose of this paper is to clarify linkages between these two concepts. It identifies mutual theory applications used to study GSCM and CE.
Design/methodology/approach
A systematic literature review is conducted to identify theories from GSCM and CE studies. A critical analysis explores the theories that can provide mutual applications between GSCM and CE fields. Propositions are developed.
Findings
In all, 12 theories are applied in both GSCM and CE studies. Several theories are only applied in GSCM studies, but can help to advance CE study. These theories include complexity, transaction cost economics, agency, and information theories. Each of the eight theories only applied to CE can potentially advance GSCM study.
Research limitations/implications
The findings contribute to further theory development for both GSCM and CE study. A methodological review can advance theoretical development and cross-pollination in both fields.
Originality/value
This work is the first study to explicitly explore linkages of GSCM and CE from a theoretical perspective.
Details