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Article
Publication date: 10 May 2018

Juan DU

The purpose of this paper is to provide a stable model which covers market information of return to examine the empirical differences between the returns during night and day in…

Abstract

Purpose

The purpose of this paper is to provide a stable model which covers market information of return to examine the empirical differences between the returns during night and day in Chinese commodity futures market.

Design/methodology/approach

Commodity indices are constructed using principal components analysis to represent the market returns for day and night trading in the Chinese commodity futures market. Then VAR models are employed to predict the commodity indices’ returns and squared returns.

Findings

The symmetric VAR model failed to model the market returns since the asymmetric effects of positive and negative returns are not taken into account. By allowing asymmetric behavior among positive and negative variables, asymmetric VAR model is utilized to trace the leading effect of overnight returns to daytime trading returns. However, the symmetric VAR model outperforms the asymmetric model when evaluating the predictive power of squared returns during night trading hours. Two major results based on asymmetric model for the return are: There is a 6-day leading effect of nighttime return to daytime return in Chinese commodity futures market. It is risky to hold day trading position overnight.

Research limitations/implications

Asymmetric VAR model provides a new approach to forecasting the direction of price movement.

Practical implications

Investment managers are able to create a stable portfolio contains major market information. Day and night traders are likely to gain some suggestions to discover arbitrage opportunities.

Social implications

Since there is no commodity futures index in China, the method for creating indices for Chinese commodity futures is provided to market regulators.

Originality/value

Combining principal component analysis and asymmetric VAR model provides a stable and predictable model to obtain market information.

Details

China Finance Review International, vol. 8 no. 3
Type: Research Article
ISSN: 2044-1398

Keywords

Article
Publication date: 14 December 2023

Yajun Chen, Zehuan Sui and Juan Du

This paper aims to focus on the research progress of intelligent self-healing anti-corrosion coatings in the aviation field in the past few years. The paper provides certain…

Abstract

Purpose

This paper aims to focus on the research progress of intelligent self-healing anti-corrosion coatings in the aviation field in the past few years. The paper provides certain literature review supports and development direction suggestions for future research on intelligent self-healing coatings in aviation.

Design/methodology/approach

This mini-review uses a systematic literature review process to provide a comprehensive and up-to-date review of intelligent self-healing anti-corrosion coatings that have been researched and applied in the field of aviation in recent years. In total, 64 articles published in journals in this field in the last few years were analysed in this paper.

Findings

The authors conclude that the incorporation of multiple external stimulus-response mechanisms makes the coatings smarter in addition to their original self-healing corrosion protection function. In the future, further research is still needed in the research and development of new coating materials, the synergistic release of multiple self-healing mechanisms, coating preparation technology and corrosion monitoring technology.

Originality/value

To the best of the authors’ knowledge, this is one of the few systematic literature reviews on intelligent self-healing anti-corrosion coatings in aviation. The authors provide a comprehensive overview of the topical issues of such coatings and present their views and opinions by discussing the opportunities and challenges that self-healing coatings will face in future development.

Details

Anti-Corrosion Methods and Materials, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0003-5599

Keywords

Article
Publication date: 14 March 2023

Ming Li, Hongwei Liu, Juan Du, Zhixun Wen, Zhufeng Yue and Wei Sun

This paper presents a review concerning the analytical and inverse methods of small punch creep test (SPCT) in order to evaluate the mechanical property of component material at…

109

Abstract

Purpose

This paper presents a review concerning the analytical and inverse methods of small punch creep test (SPCT) in order to evaluate the mechanical property of component material at elevated temperature.

Design/methodology/approach

In this work, the effects of temperature, specimen size and shape on material properties are mainly discussed using the finite element (FE) method. The analytical approaches including membrane stretching, empirical or semi-empirical solutions that are currently used for data interpretation have been presented.

Findings

The state-of-the-art research progress on the inverse method, such as non-linear optimization program and neutral network, is critically reviewed. The capabilities of the inverse technique, the uniqueness of the solution and future development are discussed.

Originality/value

The state-of-the-art research progress on the inverse method such as non-linear optimization program and neutral network is critically reviewed. The capabilities of the inverse technique, the uniqueness of the solution and future development are discussed.

Details

Multidiscipline Modeling in Materials and Structures, vol. 19 no. 3
Type: Research Article
ISSN: 1573-6105

Keywords

Article
Publication date: 3 March 2023

Xinyue Lin and Juan Du

Leader–member exchange (LMX) relationship is a crucial context for individuals’ generation of creative ideas. Unlike the fruit research between LMX quality and employee…

Abstract

Purpose

Leader–member exchange (LMX) relationship is a crucial context for individuals’ generation of creative ideas. Unlike the fruit research between LMX quality and employee creativity, the relationship between LMX ambivalence and employee creativity is scarce. This study thus aims to examine the effect of LMX ambivalence on employee creativity.

Design/methodology/approach

This study conducted an on-site survey of research and development teams in China and distributed paired questionnaires with a time lag of one month. Data from 116 leaders and 484 subordinates were collected and analyzed.

Findings

The results showed that LMX ambivalence was directly negatively or indirectly negatively related to employee creativity via self-efficacy. Employee cynicism acted as a potential personal moderator of the effect of LMX ambivalence, specifically, employee cynicism attenuated the negative influence of LMX ambivalence on employee creativity via self-efficacy.

Originality/value

This study extends our knowledge of the complex effects of LMX relationships by empirically exploring whether and how LMX ambivalence influences employee creativity, with self-efficacy introduced as one crucial underlying mechanism. Meanwhile, this study enriches the existing cynicism literature by demonstrating the role of employee cynicism as a buffer in the relationship between LMX ambivalence and employee creativity.

Details

Chinese Management Studies, vol. 18 no. 2
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 14 February 2020

Po-Chien Chang, Ting Wu and Juan Du

The purpose of this study is to examine the dual effects of the violation of psychological contract on patient’s antisocial behaviour via the mediator of patient trust and the…

Abstract

Purpose

The purpose of this study is to examine the dual effects of the violation of psychological contract on patient’s antisocial behaviour via the mediator of patient trust and the role of doctor-patient communication as a critical contingent variable in the psychological contract violation of patient’s antisocial behaviour relationship.

Design/methodology/approach

The data were collected from 483 hospitalized patients distributed in Shanxi province, China by using a self-administered survey.

Findings

The results indicated that psychological contract violation is positively associated with patient antisocial behaviour via patient trust. Moreover, the study found that doctor-patient communication moderates the mediated effects of psychological contract violation on patient’s antisocial behaviour through patient trust; that is, the mediated effect on antisocial behaviour is weaker when both doctor and patients have more communication.

Research limitations/implications

Due to a cross-sectional design in nature, the causal relationship cannot be developed based on the results. Despite the limitation, the present study provides insights for improving doctor-patient relationship by emphasizing the importance of increasing patient trust and doctor-patient communication.

Practical implications

To improve the quality of doctor-patient relationship, this study addresses the significance of properly showing understandings and care to regain mutual trust and reducing the likelihood of patient’s antisocial behaviour.

Social implications

The research findings have implications for both the health system and medical schools in China to reinforce the professional ethics and improve their medical humanities as the main concerns to generate a more sustainable doctor–patient relationship.

Originality/value

This study includes patient trust as a mediator and doctor-patient communication as a moderator to investigate the moderated mediation relationship among patients and medical professionals. By further examining the doctor-patient relationship, the results may not only help improve the efficient implementation of medical practices but also support the institutes and develop medical professionals for more positive doctor-patient relationships.

Details

International Journal of Conflict Management, vol. 31 no. 4
Type: Research Article
ISSN: 1044-4068

Keywords

Article
Publication date: 11 January 2022

Juan Du, Mengyao Yu, Pingli Liu, Yongqiang Fu, Gang Xiong, Jinming Liu and Xiang Chen

This paper aims to analyze the high temperature (200°C) corrosion behavior of 2205 duplex stainless steel in acidizing stimulation solution containing hydrochloric acid (HCl) and…

Abstract

Purpose

This paper aims to analyze the high temperature (200°C) corrosion behavior of 2205 duplex stainless steel in acidizing stimulation solution containing hydrochloric acid (HCl) and acetic acid.

Design/methodology/approach

The corrosion rate of 2205 duplex stainless steel in all kinds of acid solutions was calculated through immersion tests and electrochemical test. The corrosion product composition is analyzed by X-ray diffraction analysis. The element composition and element distribution before and after corrosion were analyzed by an X-ray energy spectrometer. The corrosion morphology of the steel surface was observed by a scanning electron microscope. Both static and dynamic corrosion experiments were carried out at 200°C.

Findings

The results show that 2205 duplex stainless steel has excellent corrosion resistance in low to high concentration acetic acid solutions, but increasing the concentration of Cl in acetic acid solution will accelerate the corrosion rate. Low concentration HCl solution can cause serious corrosion to 2205 duplex stainless steel. The system of HCl and acetic acid will produce a synergistic effect on corrosion of 2205 duplex stainless steel and accelerate the corrosion. Sb2O3 is a good corrosion inhibitor synergist for high-temperature acidizing stimulation solution.

Originality/value

The amount of HCl that is used in acidizing stimulation is usually determined by the dissolution effect of the acid on the rocks, but for ultra-high-temperature reservoirs, the amount of HCl should be based on reducing the corrosion of oil and gas wells.

Details

Anti-Corrosion Methods and Materials, vol. 69 no. 2
Type: Research Article
ISSN: 0003-5599

Keywords

Article
Publication date: 2 November 2018

Juan Du, Yuning He, Pingli Liu, Yigang Liu, Xianghai Meng and Liqiang Zhao

This paper aims to analyze the corrosion and corrosion inhibition of N80 in 10 per cent HCl + 8 per cent fluoroboric acid (HBF4) solution for acidizing operation.

Abstract

Purpose

This paper aims to analyze the corrosion and corrosion inhibition of N80 in 10 per cent HCl + 8 per cent fluoroboric acid (HBF4) solution for acidizing operation.

Design/methodology/approach

The corrosion rate, kinetic parameters (Ea, A) and thermodynamic parameters (ΔH, ΔS) of N80 steel in fresh acid and spent acid, 10 per cent HCl + 8 per cent HBF4, 10 per cent HCl and 8 per cent HBF4 solutions were calculated through immersion tests. The corrosion and inhibition properties were studied through X-ray diffraction and electrochemical measurements. The corrosion morphology of the corrosion product was examined by scanning electron microscopy (SEM).

Findings

The results demonstrated that the spent acid was the main cause of acidification corrosion, and the HBF4 would cause serious corrosion to N80 steel. The results showed that the N80 steel was more seriously corroded in the spent acid than in fresh acid, and the hydrolysis of HBF4 accelerates the dissolution process of N80 steel anode to control the corrosion reaction. The results showed that the acidification will definitely cause serious corrosion to the oil tube; therefore, necessary anti-corrosion measures must be taken in the acidification process.

Originality/value

The results showed that acidizing the formation with 10 per cent HCl + 8 per cent HBF4 will definitely cause serious corrosion to the oil tube, especially when the spent acid flows back. Therefore, necessary anti-corrosion measures must be taken in the acidification process, especially in the spent acid flowback stage.

Details

Anti-Corrosion Methods and Materials, vol. 66 no. 1
Type: Research Article
ISSN: 0003-5599

Keywords

Article
Publication date: 3 February 2022

Juan Du, Yan Xue, Vijayan Sugumaran, Min Hu and Peng Dong

For prefabricated building construction, improper handling of the production scheduling for prefabricated components is one of the main reasons that affect project performance…

Abstract

Purpose

For prefabricated building construction, improper handling of the production scheduling for prefabricated components is one of the main reasons that affect project performance, which causes overspending, schedule overdue and quality issues. Prior research on prefabricated components production schedule has shown that optimizing the flow shop scheduling problem (FSSP) is the basis for solving this issue. However, some key resources and the behavior of the participants in the context of actual prefabricated components production are not considered comprehensively.

Design/methodology/approach

This paper characterizes the production scheduling of the prefabricated components problem into a permutation flow shop scheduling problem (PFSSP) with multi-optimization objectives, and limitation on mold and buffers size. The lean construction principles of value-based management (VBM) and just-in-time (JIT) are incorporated into the production process of precast components. Furthermore, this paper applies biogeography-based optimization (BBO) to the production scheduling problem of prefabricated components combined with some improvement measures.

Findings

This paper focuses on two specific scenarios: production planning and production rescheduling. In the production planning stage, based on the production factor, this study establishes a multi-constrained and multi-objective prefabricated component production scheduling mathematical model and uses the improved BBO for prefabricated component production scheduling. In the production rescheduling stage, the proposed model allows real-time production plan adjustments based on uncertain events. An actual case has been used to verify the effectiveness of the proposed model and the improved BBO.

Research limitations/implications

With respect to limitations, only linear weighted transformations are used for objective optimization. In regards to research implications, this paper considers the production of prefabricated components in an environment where all parties in the supply chain of prefabricated components participate to solve the production scheduling problem. In addition, this paper creatively applies the improved BBO to the production scheduling problem of prefabricated components. Compared to other algorithms, the results show that the improved BBO show optimized result.

Practical implications

The proposed approach helps prefabricated component manufacturers consider complex requirements which could be used to formulate a more scientific and reasonable production plan. The proposed plan could ensure the construction project schedule and balance the reasonable requirements of all parties. In addition, improving the ability of prefabricated component production enterprises to deal with uncertain events. According to actual production conditions (such as the occupation of mold resources and storage resources of completed components), prefabricated component manufacturers could adjust production plans to reduce the cost and improve the efficiency of the whole prefabricated construction project.

Originality/value

The value of this article is to provide details of the procedures and resource constraints from the perspective of the precast components supply chain, which is closer to the actual production process of prefabricated components. In addition, developing the production scheduling for lean production will be in line with the concept of sustainable development. The proposed lean production scheduling could establish relationships between prefabricated component factory manufacturers, transportation companies, on-site contractors and production workers to reduce the adverse effects of emergencies on the prefabricated component production process, and promote the smooth and efficient operation of construction projects.

Details

Engineering, Construction and Architectural Management, vol. 30 no. 4
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 20 April 2020

Bowen Jia, Jiaying Wu, Juan Du, Yun Ji and Lina Zhu

The purpose of this paper is to calculate the local guaranteed fiscal revenue with the local fiscal revenue of 31 provinces, and predict their guaranteed fiscal revenue in 2018…

Abstract

Purpose

The purpose of this paper is to calculate the local guaranteed fiscal revenue with the local fiscal revenue of 31 provinces, and predict their guaranteed fiscal revenue in 2018 with the artificial neural network (ANN).

Design/methodology/approach

The principal components analysis (PCA), particle swarm optimization (PSO) and extreme learning machine (ELM) model was designed to produce the inputs of KMV model. Then the KMV model was used for obtaining the default probabilities under different issuance scales. Data were collected from Wind Database. MATLAB 2018b and SPSS 22 were used in the field of modeling and results analysis.

Findings

This study’s findings show that PCA–PSO–ELM proposed in this research has the highest accuracy in terms of the prediction compared with ELM, back propagation neural network and auto regression. And PCA–PSO–ELM–KMV model can calculate the secure issuance scale of local government bonds effectively.

Practical implications

The sustainability forecast in this study can help local governments effectively control the scale of debt issuance, strengthen the budget management of local debt and establish the corresponding risk warning mechanism, which could make local governments maintain good credit ratings.

Originality/value

This study sheds new light on helping local governments avoid financial risks effectively, and it is conducive to establish a debt repayment reserve system for local governments and the proper arrangement for stock debt.

Details

Kybernetes, vol. 50 no. 5
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 5 August 2019

Juan Du, Hengqing Jing, Daniel Castro-Lacouture and Vijayan Sugumaran

The purpose of this paper is to develop a multi-agent-based model for quantitatively measuring how the design change management strategies improve project performance.

Abstract

Purpose

The purpose of this paper is to develop a multi-agent-based model for quantitatively measuring how the design change management strategies improve project performance.

Design/methodology/approach

Based on questionnaires and interviews, this paper investigates the coordination mechanism of risks due to design changes in prefabricated construction (PC) projects. Combined with all the variables related with design change risks, a multi-agent-based simulation model is proposed to evaluate the design change management effect.

Findings

The coordination mechanism between design change factors, design change events, risk consequence and management strategy in PC projects is described and then the simulation-based design change management mechanism in PC projects is used to assess the effect of management strategies under dynamic scenarios.

Originality/value

PC projects have rapidly increased in recent years due to the advantages of fast construction, high quality and labor savings. Different from traditional on-site construction, the impact and risk from design changes are likely to be greater due to the prefabricated project being multi-stage, highly interactive and complex. The simulations presented in this paper make it possible to test different design change management strategies in order to study their effectiveness and support managerial decision making.

Details

Engineering, Construction and Architectural Management, vol. 27 no. 1
Type: Research Article
ISSN: 0969-9988

Keywords

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