Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)最新文献

{"title":"Application of Textual Analysis in Economic Policy Uncertainty","authors":"Xiao Xu, Yuhan Hu, Yuming Tian","doi":"10.2991/febm-19.2019.36","DOIUrl":"https://doi.org/10.2991/febm-19.2019.36","url":null,"abstract":"After the financial crisis, in order to alleviate the attendant rising unemployment, inflation, balance of payments imbalances, and the economic downturn, the government has to consider more involvement in addressing market failures by designating economic policies. This paper mainly introduces the economic policy uncertainty and some economic problems resulted from it. This paper explores the feasibility of textual analysis in solving EPU problems by method of case study and points out the limitations in the application process. Through literature review, the limitations of text analysis in China have been found high context culture and a large number of unrelated economic policy reports have become obstacles. Based on the methodology of EPU and text analysis, the cases of the United States and Tunisia were analyzed to confirm the role of text analysis in measuring EPU issues. Finally, the conclusion is drawn that China should refer to the above two cases and combine the national conditions to solve the EPU problem. Keywords—Economic Policy Uncertainty (EPU); text analysis; solutions","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132263984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Agentic Response to Institutional Constraints in Tourism and Hospitality Sectors","authors":"Xiaoyu Wu, V. Fong, I. Wong","doi":"10.2991/febm-19.2019.30","DOIUrl":"https://doi.org/10.2991/febm-19.2019.30","url":null,"abstract":"Institutionalism has demonstrated the behaviours of legitimacy, prevailing social rules and practices in tourism and hospitality continuities. The central idea is that organizations conform to the rules and belief systems in the institutional environment, in particular constraints or pressures because of isomorphism. Despite this, little is known about the human agency in responding their institutional constraints and changing the embedded environment. It is important to understand how different individual agencies respond to the constraints that brought by the tourism policies, arrangements and administrations, and how these responses influence the change temporally. These issues are explored from the agency perspective that considers the responses of the individual agencies which shape different degree of changes when institutional constraints are bounded. This perspective is applied through a quality study to illustrate the government, industry and organizations involvement in tourism and hospitality reforms in Macau between 2002 and 2017. Keywords—Institutional constraints;agentic responses; tourism and hospitality reform","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121179303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Multi-objective Programming Model for Enterprise Decision-making Under the Interaction of Progressive Carbon Tax and Carbon Trading","authors":"Lu Ding, Ji-jian Zhang, Xing Yin","doi":"10.2991/febm-19.2019.26","DOIUrl":"https://doi.org/10.2991/febm-19.2019.26","url":null,"abstract":"By constructing a multi-objective programming model, this paper studies the decision-making problem of the enterprise under the interaction of progressive carbon tax and carbon trading, and draws the optimal distribution ratio between carbon emission rights and carbon tax, and discusses the tax rate and carbon trading. The relationship between prices affects the substitution effect between the stepped carbon tax and carbon trading, and further analyzes how the substitution effect affects the company's carbon emissions decisions. The study finds that the optimal proportion of carbon emission rights decreases with the increase of carbon emissions, and decreases with the increase of carbon trading unit price; the optimal output decreases with the increase of carbon trading unit price σ. It decreases as the carbon emissions of production units increase. Keywords—progressive carbon tax; carbon trading; interaction; carbon emission decision; multi-objective planning","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126823775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"On the Development of Cultural and Creative Industry in Museums: A Case Study of Beijing Palace Museum","authors":"Quanhong Jiang, Yuanfei Yao, Mei Sun","doi":"10.2991/febm-19.2019.67","DOIUrl":"https://doi.org/10.2991/febm-19.2019.67","url":null,"abstract":"Combining cultural and creative industry with museums and developing precious resources of cultural relics and cultural units have been new highlights and new directions of the development of China’s cultural and creative industry in the past few years. This paper intends to analyze the policy factors, “time” factors, cultural factors and own factors of the development of it in Chinese museums by means of literature research. Meanwhile, focusing on the Palace Museum, the paper explores the development mode of the cultural and creative industry in museums, which analyzes the rationality of the coexistence of the cultural and creative industry with marketing significance and non-profit organization museum. Finally, some suggestions on design and operation are provided for the cultural and creative industry in museums. Keywords—cultural and creative industry, museum, the Palace","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129480794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Development Model Study of Tourism Industry Driving Economic Development Based on Data of New Normal Economy of Sichuan","authors":"Jinjun Li, Xia Xu","doi":"10.2991/febm-19.2019.29","DOIUrl":"https://doi.org/10.2991/febm-19.2019.29","url":null,"abstract":"The development of tourism industry has been became one of the important driving force of Sichuan economic development. Meanwhile, the development of tourism industry will further promote the transition and optimization of Sichuan economic in the background of new normal economy. The research studies the relationship between tourism income and the development of Sichuan tertiary industry, tourism income and Sichuan economic development, and studies the grey correlation degree between large tourism industry and Sichuan economy through literature research, regression analysis and grey correlation degree analysis methods. Research shows that the development of Sichuan tourism industry has a significant driving effect on the tertiary industry value and GDP of Sichuan. The development of tourism industry has a positive impact on stimulating internal demand and investment growth, industrial restructuring, regional coordinated development, scientific and technological innovation, urbanization and beautiful Sichuan. The coupling coefficient between tourism industry, accommodation industry, catering industry and transportation industry and Sichuan economic system is 0.6632125. The development of large tourism industry has significantly promoted the economic development of Sichuan. Keywords—Tourism Industry; Economic Development; Driving Force of Sichuan Economic Development; Grey Correlation Degree","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"197 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123012233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Research on the Impact of Innovation Ecosystem on the Upgrade of Automobile Industry","authors":"Mingwei Zhou, Jiaqi Wang","doi":"10.2991/febm-19.2019.49","DOIUrl":"https://doi.org/10.2991/febm-19.2019.49","url":null,"abstract":"Facing fierce international competition, improving the ability of independent innovation is a major problem that China needs to solve urgently. Therefore, it is necessary to build a good innovation ecosystem. In this paper, we construct the automobile industry innovation ecosystem and analyze automobile industrial upgrading from two perspectives: the influence of innovation environment and the interaction between various entities in the industrial innovation ecosystem, which is analogous to the two dimensions of environmental synergy evolution and Co-evolution between species in the biological field. Finally, some suggestions which are connected with problems in the automotive industry are put forward. Keywords—innovation ecosystem; industrial upgrading;","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115160545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Impact of Exchange Rate on Foreign Trade of Pakistan","authors":"Malik Muhammad Bilal Khan, Yu-lan Du, H. Tahir","doi":"10.2991/febm-19.2019.25","DOIUrl":"https://doi.org/10.2991/febm-19.2019.25","url":null,"abstract":"This research is based on to test the relationship existence between Exchange rate and foreign trade which are imports and exports of Pakistan using annual data from 1993 to 2017. Vector error correction model consisting of three variables imports, exports, and the exchange rate are used. In this study, the dependent variables are imports and exports, whereas the exchange rate is an independent variable. Augmented DickeyFuller (ADF) test is conducted to test the stationary of the data; the VAR lag selection model discloses that lag of order 4 is appropriate for this study. Co-integration, Long-run, and shortrun relationship test are investigated by Johansen co-integration. Vector Error Correction Model (VECM) is employed on the sample. The results show that the data is stationary and variables are co-integrated having a long-run relationship with each other. The test results of VECM models states that exports of Pakistan are influenced by the exchange rate in the long-term as well as short-term; however, imports are only controlled by the exchange rate in the long-term. Keywords—exchange rate, exports, imports, Vector Error Correction Model VECM","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124539418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"BOPS in Omnichannel Retailing with Return and Cross-selling","authors":"Simin Xu, Weimin Ma, H. He","doi":"10.2991/febm-19.2019.45","DOIUrl":"https://doi.org/10.2991/febm-19.2019.45","url":null,"abstract":"Many retailers have started to integrate online and store channels (such as BOPS) in order to enhance the consumer experience. This paper studies a decision problem of when it is preferable for a dual-channel retailer to introduce BOPS strategy. Based on the utility functions, we develop a model to investigate the interplay between the monopolist retailer and consumers. Our results show that the introduction of BOPS has two aspects of influence: intensifying channel competition and eliminating the effects of cross-selling. Besides, we find that BOPS is not always beneficial to the retailer. Especially for the store, when the impact of cross-selling is too large or too small, introducing BOPS actually damages the store's profit. Keywords—omnichannel retailing; BOPS;channel competition; cross-selling; return","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"124 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128102492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Creation and Appropriation of Value in Business Models of Hotel Enterprises Operating on the Polish Market","authors":"M. Sztorc","doi":"10.2991/febm-19.2019.31","DOIUrl":"https://doi.org/10.2991/febm-19.2019.31","url":null,"abstract":"Nowadays, hotel enterprises operate on the market according to a specific business model. A key component of this model, apart from creating value, is to intercept it for the organization needs. One of the conditions for providing value is to establish appropriate relations between market players and use their strategic resources. The value proposition that occurs in business models is a consequence of the differentiation between the value generated for the customer and the value generated and intercepted by the hotel enterprise. This kind of process is carried out with the participation of other organizations that function in the enterprise environment. They usually take the form of cooperative relations. In this respect, the aim of this paper is to indicate the importance of resources and network relations occurring in the business models of hotel enterprises as the key elements for the creation and appropriation of value. To achieve the stated goal, conduct a survey using survey methods with the required questions about authors assisted by CAWI (Computer Assisted Web Interview). The survey consisted of 18 questions and was carried out in April-July 2019. The survey was carried out among respondents from hotels with Polish and foreign capital. In the next stage of research, the results obtained from questionnaires were subjected to verification and statistical analysis using the IBM SPSS Statistics version 13.0 package. The paper presents forms and categories of inter-organizational relations and recognizes strategic resource. The conducted research shows that the majority of enterprises establishing relations with specific partners, do it both to support the creation and interception of value. The research results may be an inspiration for improving the process of creating and appropriating values and creating business models among hotel managers with Polish capital according to the paradigms taken over by hotel managers with foreign capital. Keywords—creation and appropriation of values; resources; business model; business networks; hospitality","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131216198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Research on Supply Chain Management Considering Consumer Heterogeneity under Different Carbon Tax Return Policies","authors":"Shuyu Wei, Ji-jian Zhang","doi":"10.2991/febm-19.2019.46","DOIUrl":"https://doi.org/10.2991/febm-19.2019.46","url":null,"abstract":"The carbon tax return policy is a carbon control policy that combines incentives and constraints, which can alleviate the short-term economic negative effects. In order to understand the behaviors of the company in the carbon tax return policy, with consumers have heterogeneous low-carbon preference. The paper uses the master-slave game to explore. The study found that the return of carbon tax to consumers is more significant for the profit incentives of the supply chain. When the carbon tax is returned to the manufacturer, the supply chain has a better emission reduction rate. And when the consumer has no difference intention to purchase low-carbon products or common products, the return of carbon tax to consumers can increase the enthusiasm of manufacturers to reduce emissions. Keywords—carbon tax return; consumer heterogeneity; masterslave game","PeriodicalId":417272,"journal":{"name":"Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)","volume":"620 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122943712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}