Technological and Economic Development of Economy最新文献_第7页

EDAS METHOD FOR MULTIPLE ATTRIBUTE GROUP DECISION MAKING WITH PROBABILISTIC DUAL HESITANT FUZZY INFORMATION AND ITS APPLICATION TO SUPPLIERS SELECTION 基于概率对偶犹豫模糊信息的多属性群决策Edas方法及其在供应商选择中的应用

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-01-23 DOI: 10.3846/tede.2023.17589

Baoquan Ning, R. Lin, G. Wei, Xudong Chen

{"title":"EDAS METHOD FOR MULTIPLE ATTRIBUTE GROUP DECISION MAKING WITH PROBABILISTIC DUAL HESITANT FUZZY INFORMATION AND ITS APPLICATION TO SUPPLIERS SELECTION","authors":"Baoquan Ning, R. Lin, G. Wei, Xudong Chen","doi":"10.3846/tede.2023.17589","DOIUrl":"https://doi.org/10.3846/tede.2023.17589","url":null,"abstract":"Probabilistic dual hesitant fuzzy set (PDHFS) is a more powerful and important tool to describe uncertain information regarded as generalization of hesitant fuzzy set (HFS) and dual HFS (DHFS), not only reflects the hesitant attitude of decision-makers (DMs), but also reflects the probability information of DMs. Score function of fuzzy number and weighting method are very important in multi-attribute group decision-making (MAGDM) issues. In many fuzzy environments, the score function and entropy measure have been proposed one after another. Firstly, based on the detailed analysis of the existed score function of PDHF element (PDHFE) and with the help of previous references, we build a novel score function for PDHFE. Secondly, a combined weighting method is built based on the minimum identification information principle by fusing PDHF entropy and Criteria Importance Through Intercriteria Correlation (CRITIC) method. Thirdly, a novel PDHF MAGDM approach (PDHF-EDAS) is built by extending evaluation based on distance from average solution (EDAS) approach to the PDHF environment to solve the issue that the decision attribute information is PDHFE. Finally, the practicability and effectiveness of the PDHF MAGDM technique is verified by suppliers selection (SS) and comparing analysis with existing methods.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"27 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86691391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

PLS-SEM MODEL ON BUSINESS DEMAND FOR TECHNOLOGICAL SERVICES AND R&D AND INNOVATION ACTIVITIES 请查看技术服务和研发创新活动的业务需求模型

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-01-12 DOI: 10.3846/tede.2023.17968

Juan J. García-Machado, W. Sroka, M. Nowak

{"title":"PLS-SEM MODEL ON BUSINESS DEMAND FOR TECHNOLOGICAL SERVICES AND R&D AND INNOVATION ACTIVITIES","authors":"Juan J. García-Machado, W. Sroka, M. Nowak","doi":"10.3846/tede.2023.17968","DOIUrl":"https://doi.org/10.3846/tede.2023.17968","url":null,"abstract":"The aim of the current study is to search for the elements that determine the companies’ demand for technological services, and by doing so, to contribute to the advancement of a closer University-Company partnership in the sphere of activities in research, development and innovation. Based on the PLS-SEM methodology, an explanatory-predictive model was drawn up, which concluded that the four most influential variables are: the influence of the environment, market conditions, the technology adoption decision and the economic characteristics of the company. The originality and main contributions of this work lie in the construction and design of the proposed model, particularly the application of both the Confirmatory Tetrad Analysis and the Global Goodness-of-Fit measures adapted for the scope of PLS-SEM, both aiming to elaborate on its use and to provide a model that could be used by other researchers in different regions. By implementing this type of analysis, it is possible to better understand the drivers that push the choice of enterprises concerning the demand for technological services and, subsequently, policymakers, academy, and R&D agencies, as well as corporations leading to better strategies for closer and stronger cooperation and collaboration among themselves.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"10 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85080194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

OIL PRICE SHOCKS, ECONOMIC POLICY UNCERTAINTY, AND GREEN FINANCE: A CASE OF CHINA 油价冲击、经济政策不确定性与绿色金融:以中国为例

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-19 DOI: 10.3846/tede.2022.17999

Kai-Hua Wang, Chiwei Su, Muhammad Umar, O. Lobonț

{"title":"OIL PRICE SHOCKS, ECONOMIC POLICY UNCERTAINTY, AND GREEN FINANCE: A CASE OF CHINA","authors":"Kai-Hua Wang, Chiwei Su, Muhammad Umar, O. Lobonț","doi":"10.3846/tede.2022.17999","DOIUrl":"https://doi.org/10.3846/tede.2022.17999","url":null,"abstract":"This study investigates the long- and short-run effects of crude oil price (COP) and economic policy uncertainty (EPU) on China’s green bond index (GBI) using the quantile autoregressive distributed lag model. The empirical results show that COP and EPU produce a significant positive and negative influence on GBI in the long-run across most quantiles, respectively, but their short-run counterparts are opposite direction and only significant in higher quantiles. Thus, major contributions are made accordingly and shown in the following aspects. The findings emphasise the importance of understanding how COP and EPU affect China’s green bond market for the first time. In addition, both the long- and short-run effects are captured, but long-run shocks primarily drive the green bond market. Finally, time- and quantile-varying analyses are adopted to explain the nexus between COP and EPU to GBI, which considers not only different states of the bond market but also events that occur in different time periods. Some detailed policies, such as a unified and effective green bond market, an early warning mechanism of oil price fluctuation, and prudent economic policy adjustments, are beneficial for stabilising the green finance market.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"166 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2022-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80476226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9

CAN GOLD HEDGE THE RISK OF FEAR SENTIMENTS? 黄金能对冲恐惧情绪的风险吗?

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-16 DOI: 10.3846/tede.2022.17302

Chiwei Su, Yiru Liu, T. Chang, Muhammad Umar

引用次数: 4

FROM CREDIT SCORING TO REGULATORY SCORING: COMPARING CREDIT SCORING MODELS FROM A REGULATORY PERSPECTIVE 从信用评分到监管评分:从监管角度比较信用评分模型

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-15 DOI: 10.3846/tede.2022.17045

Yufei Xia, Zijun Liao, Jun Xu, Yinguo Li

{"title":"FROM CREDIT SCORING TO REGULATORY SCORING: COMPARING CREDIT SCORING MODELS FROM A REGULATORY PERSPECTIVE","authors":"Yufei Xia, Zijun Liao, Jun Xu, Yinguo Li","doi":"10.3846/tede.2022.17045","DOIUrl":"https://doi.org/10.3846/tede.2022.17045","url":null,"abstract":"Conventional credit scoring models evaluated by predictive accuracy or profitability typically serve the financial institutions and can hardly reflect their contribution on financial stability. To remedy this, we develop a novel regulatory scoring framework to quantify and compare the corresponding regulatory capital charge errors of credit scoring models. As an application of RegTech, the proposed framework considers the characteristic of example-dependence and costsensitivity in credit scoring, which is expected to enhance the ability of risk absorption of financial institutions and thus benefit the regulators. Validated on two real-world credit datasets, empirical results reveal that credit scoring models with good predictive accuracy or profitability do not necessarily provide low capital charge requirement error, which further highlights the importance of regulatory scoring framework. The family of gradient boosting decision tree (GBDT) provides significantly better average performance than industry benchmarks and deep multilayer perceptron network, especially when financial stability is the primary focus. To further examine the robustness of the proposed regulatory scoring, sampling techniques, cut-off value modification, and probability calibration are employed within the framework and the main conclusions hold in most cases. Furthermore, the analysis on the interpretability via TreeSHAP algorithm alleviates the concerns on transparency of GBDT-based models, and confirms the important roles of loan characteristics, borrowers’ solvency and creditworthiness as powerful predictors in credit scoring. Finally, the managerial implications for both financial institutions and regulators are discussed.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"4 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2022-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86961881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A ROBUST OPTIMIZATION MODEL WITH TWO UNCERTAINTIES APPLIED TO SUPPLIER SELECTION 将具有两个不确定因素的鲁棒优化模型应用于供应商选择

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-15 DOI: 10.3846/tede.2022.17850

Z. Che, T. Chiang, Chung-Chi Tsai

{"title":"A ROBUST OPTIMIZATION MODEL WITH TWO UNCERTAINTIES APPLIED TO SUPPLIER SELECTION","authors":"Z. Che, T. Chiang, Chung-Chi Tsai","doi":"10.3846/tede.2022.17850","DOIUrl":"https://doi.org/10.3846/tede.2022.17850","url":null,"abstract":"Under intense industry competition, decision makers must ensure that products demanded by consumers can be quickly produced with minimum production cost. However, because uncertainties are unavoidable and inevitably affect decision makers, numerous studies have discussed how to control uncertainties or minimize their effects. Multiple uncertainties that interact simultaneously may cause a combined effect in actual systems. Therefore, this study presents a robust optimization model with two uncertainties, extending the method of robust optimization with one uncertainty. To demonstrate the applicability of the proposed model with two uncertainties, this study uses the supplier selection problem with component purchase quantity allocation in supply chain management as an analysis case. This considers the reliability of production and transportation and develops a multi-objective robust optimization model with two uncertainties. In addition, a nondominated sorting genetic algorithm is proposed for solving the proposed multi-objective robust optimization model. The relationship between price of robustness and budget parameters is explored by considering the robust optimization model with production and transportation uncertainties proposed in this study. Finally, there is a comparative analysis between the results for price of robustness in the proposed two-uncertainty model and in the one-uncertainty model.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"47 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2022-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78717327","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE IMPACT OF MONETARY POLICY ON GREEN INNOVATION: GLOBAL EVIDENCE 货币政策对绿色创新的影响:全球证据

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-15 DOI: 10.3846/tede.2022.17020

H. Yin, Chun-ping Chang, Haijie Wang

引用次数: 47

POVERTY ALLEVIATION IN DEVELOPING AND UNDERDEVELOPED COUNTRIES. DO FOREIGN CAPITAL AND ECONOMIC FREEDOM MATTER? 发展中国家和欠发达国家的扶贫工作。外资和经济自由重要吗?

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-13 DOI: 10.3846/tede.2022.17691

Q. Han, Li Jin, M. A. S. Khan, Prince Asare Vitenu-Sackey, Bojan Obrenovic

{"title":"POVERTY ALLEVIATION IN DEVELOPING AND UNDERDEVELOPED COUNTRIES. DO FOREIGN CAPITAL AND ECONOMIC FREEDOM MATTER?","authors":"Q. Han, Li Jin, M. A. S. Khan, Prince Asare Vitenu-Sackey, Bojan Obrenovic","doi":"10.3846/tede.2022.17691","DOIUrl":"https://doi.org/10.3846/tede.2022.17691","url":null,"abstract":"Our study focuses on the role of foreign capital which includes foreign direct investment, foreign aid, and economic freedom in poverty alleviation in developing and underdeveloped countries by using panel data from 1995 to 2018 for 71 countries. In the pursuit of achieving our objective, we employed several econometric techniques such as dynamic ordinary least square, fully modified ordinary least square, dynamic fixed effect, and pooled mean group regression methods. Furthermore, we performed the Granger causality test, impulse response function, and variance decomposition analysis. In our long-run estimations, we found that foreign direct investment could significantly alleviate poverty but increases poverty in the short run. Instead, foreign aid plays no significant role in poverty alleviation. Moreover, economic growth and economic freedom are essential as our findings consistently exhibited that they play a crucial role in poverty alleviation. We also found bidirectional causality between poverty alleviation and population growth, while a unidirectional causal linkage was found from poverty alleviation to foreign aid. We conclude that policymakers should look at a new paradigm of developmental assistance, and governments should also create an aiding environment for foreign investment to support their growth plan.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"131 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2022-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87971503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE ROLE OF DOUBLE-LOOP LEARNING IN MANUFACTURING SUPPLY CHAINS. THE STUDY OF THE DISRUPTIONS DRIVEN BY COVID-19 IN POLAND 双环学习在制造业供应链中的作用。对波兰COVID-19造成的破坏的研究

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-01 DOI: 10.3846/tede.2022.17799

M. Frankowska, Artur Świerczek, Katarzyna Cheba

引用次数: 0

INVESTIGATING THE RELATIONSHIPS BETWEEN ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: EVIDENCE FROM EU15 COUNTRIES 调查经济增长与环境退化之间的关系:来自欧盟15国的证据

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2022-12-01 DOI: 10.3846/tede.2022.17874

M. Hatmanu, Cristina Căutișanu

{"title":"INVESTIGATING THE RELATIONSHIPS BETWEEN ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: EVIDENCE FROM EU15 COUNTRIES","authors":"M. Hatmanu, Cristina Căutișanu","doi":"10.3846/tede.2022.17874","DOIUrl":"https://doi.org/10.3846/tede.2022.17874","url":null,"abstract":"The Environmental Kuznets Curve (EKC) hypothesis has become a centre of interest for empirical research, as it serves to identify the relationships between economic growth and environmental degradation that will lead to a sustainable development path. The aim of the paper is to investigate these relationships for each of the EU15 countries, which are responsible for the largest amount of carbon dioxide emissions in Europe. Based on the results of the analysis of ARDL bounds cointegration approach, for the 1960–2019 period, it was found that there is a great diversity between the countries in the EU15 regarding the existence and shape of EKC, from the identification of N shape, Inverted U-shape or monotonic relationships to the absence of statistically significant relationships. Thus, there are countries that have managed to implement environmental protection measures early and now ensure GDP growth while significantly reducing CO2 emissions. The similarities and differences identified among EU15 countries can serve as a guide for EU policymakers in developing recommendations adapted to specific situations in order to facilitate economic growth taking into consideration environmental protection.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"16 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87153753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0