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简介:Thispaperinvestigatesthelead-lagrelationshipbetweenthestockindexfutures(knownasFKLI)anditsunderlyingindex,theKualaLumpurCompositeIndex(KLCI)intheemergingMalaysianmarket.Using15-secondintervaldata,cross-correlation,andthepartialadjustmentmodel,wefindabi-directionalasymmetriclead-lagrelationshipandthattheKLCI’sleadoverFKLIismuchstronger.TheevidencealsosuggeststhattheKLCIreturnsover-reacttoinformation,moresooncethintradingeffectsareconsidered.Overall,theevidencessuggestthattradersprefertoexploitstockspecificinformationintheunderlyingmarketdespitetheadvantagesoftradingtheindexfutures.
简介:Combinedwiththeanalysisofcharacteristicsofthecommunicationindustryandthesustainabledevelopmentrequirementsoftheenterprise,consideringthecurrentandthelong-termdevelopmentandtheexternalstakeholderinterestoftheenterprise,thesustainabledevelopmentindexsystemoftelecomoperatorwasconstructedincludingoperationmanagementability,innovationdevelopmentabilityandstrategyleadingability.Takingatelecomoperatoranditssubsidiaryasanexample,theindexsystemwasdesignedandthedesignelementsandassessmentrequirementswerealsopresentedclearly.Theevaluationandanalysisoftheindexcanhelpenterpriseseffectivelyidentifythekeyshortcomingsofsustainabledevelopment,andbetterimprovethesustainabledevelopmentability.
简介:Theecologicalcivilizationhealthquotientindexisputforwardcombinedwiththe"healthquotient"concepttoevaluatethehealthstateofecologicalcivilization.Thispaperhasconstructedtheindexsystemofecologicalcivilizationhealthquotientandquantitativelygoteachindexproportionofthesystemwithapplicationofanalytichierarchyprocess(AHP).Thevalueofecologicalcivilizationhealthquotientindexiscalculatedwiththefuzzyanalysismethod.Thehealthstateofecologicalcivilizationisjudgedbythepositiveandnegativeecologicalcivilizationhealthquotientindex.Thispaperhasselectedthedatafrom2009to2013tocalculatethewholehealthstatusofecologicalcivilizationofourcountry.Theconclusionisthatourcountryhadtransformedfromtheunhealthystatus(ecologicalcivilizationhealthquotientindexis-0.133)intothesub-healthstate(ecologicalcivilizationhealthquotientindexis0.191,butitsinternalrulelayersarenegative)duringthefiveyears.WeshouldconstructtheecologicalcivilizationmainlyfromtwoaspectsofresourceconservationandecologicalbehaviorcivilizationinthefuturetobuildabeautifulChina.
简介:Theconstructionofspongecity,shouldeffectivelyalleviateourcountrycitywater,strengthentherainwatercollectionandutilizationandtransformurbandevelopmentmodetothelowimpactdevelopmentmode.In2015,thepilotcityofspongecity’sconstructionhasbeguntotakeshapewiththepushoftheMinistryofHousingandUrban-RuralDevelopmentofthePeoples’RepublicofChina,theMinistryofFinanceandtheMinistryofWaterResources.Forthepilotcities,theyshouldstrengthentheperformanceevaluationprocessandplaytheleadingroleofthenationdemonstration.Takingtheaspectsofspongecityproject’smanagement,runoffvolumecontrolintoconsideration,spongecityinitiallyformedasetofscientificandobjectiveevaluationindexwhichisinordertoreflecttheeffectivenessofGui-AnNewArea’sconstruction.What’smore,throughanalyzingthespongecity’sdeficiencyoftheperformanceevaluation,Ialsocarryouttheworkthatneedtoputforwardsuggestions.
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简介:Withthedevelopmentofscienceandtechnologyandtherapidgrowthofproductiveforces,newandhightechnologyindustrieshave.Forexample,computer,mobilephone,etc.areincreasinglypopular,especiallyhi-techproductsupdatingmoreandmorequickly,whichhasinitiatedsomeproblems:resourcesdepletion,environmentalpollution,ecosystemsdamage,etc.Whilepeopleareenjoyingconvenientandcomfortablelifefromhi-tech,theyareworryingaboutquantitiesofe-wastesdischarged.Inordertoreducetheamountandharmofewastes,thispaperstartsfromtheconnotationoftheecologicalstabilityofcirculareconomyelectronicsindustrychain(CEEIC,forshort),usesthefoodchainprincipleforreferencetodescribethelinksandconnectionoftheelectronicsindustrychain,andselectsfactorsfromthethreelink:production,consumptionandrecycletoconstructindexessystembasedontheircharacteristics,withwhichascientiflcevaluationiscarriedonforCEEICbyusingfuzzycomprehensiveevaluation.
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