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Forecasting house price has been of great interests for macroeconomists, policy makers and investors in recent years. To improve the forecasting accuracy, this paper introduces a dynamic model averaging (DMA) method to forecast the growth rate of house prices in 30 major Chinese cities. The advantage of DMA is that this method allows both the sets of predictors (forecasting models) as well as their coefficients to change over time. Both recursive and rolling forecasting modes are applied to compare the performance of DMA with other traditional forecasting models. Furthermore, a model confidence set (MCS) test is used to statistically evaluate the forecasting efficiency of different models. The empirical results reveal that DMA generally outperforms other models, such as Bayesian model averaging (BMA), information-theoretic model averaging (ITMA) and equal-weighted averaging (EW), in both recursive and rolling forecasting modes. In addition, in recent years it is found that the Google search index, instead of fundamental macroeconomic or monetary indicators, has developed greater predictive power for house price in China. 相似文献
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对LabVIEW的串行通信接口驱动进行了研究,对用VISA编程进行了初步的尝试,设计并实现了基于LabVIEW的上位机控制程序,以及基于MCS-51单片机控制的数据采集终端的数据存储与控制,完成了基于8051单片机的远程数据采集终端的上位机串口通信接口部分程序,并且通过了测试. 相似文献
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本文通过前人对元认知、元认知策略和MCS方法在第二外语听课以及作者的调查探讨MCS方法在第二外语听力课的重要性以及基本原则。本研究发现MCS方法可以帮助学生对MCS方法引起注意并从某些方面提高学生的听力理解的能力,其中包括学习环境、学习计划、选择适合的学习策略、合作学习、检测、评估以及在听力课堂进行策略的调整。 相似文献
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网络计划本身具有不确定性,只有在特定条件下才取某个定值,在许多情况下,估计项目活动时间是困难的.本文针对项目活动时间不确定的特征,结合MCS引入PERT解决项目工期的求解问题. 相似文献
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无人移动平台无线ad hoc网络在实际应用中经常会出现由于电磁环境、干扰等因素导致通信质量不稳定的情况,在上述条件下传统的基于节点覆盖度的最小主控集(MCS)生成算法难以获得具有较好稳定性、健壮性的最小主控集。为此,提出了一种考虑通信质量的网络最小主控集生成算法,将链路的通信质量纳入网络最小主控集构造的考虑因素,使网络拓扑与链路通信质量特性保持一致;并通过对候选节点集及拟覆盖节点集的压缩,有效控制了网络最小主控集的节点数目。仿真表明,对敏感于通信质量的应用,该算法较基于节点覆盖度算法能取得更好效果。 相似文献
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《The British Accounting Review》2014,46(1):60-76
PurposeThis article examines the significance of innovation to organisations following strategies of entrepreneurial orientation. In particular, the study looks at the significance innovation adds to the implementation of contemporary management control systems (MCSs) and to improved performance in these organisations.Design/methodology/approachA quantitative analysis was conducted based on a random sample of Australian manufacturing companies. A structural equation modelling approach was adopted to test the study hypotheses.FindingsResults suggest that innovation mediates the relationships between entrepreneurial strategy and each of participative budgeting, the balanced score card (BSC), total quality management (TQM), just in time (JIT), and organisational performance. The study does not indicate a significant relationship between entrepreneurial strategy and activity based costing (ABC), even when innovation is in place.Originality/valueThe study empirically tests the vital role of innovation in the organisational adaptive cycle to entrepreneurial strategies, described earlier by Miles and Snow (1978). Further, the study validates a multi-dimensional strategy model first suggested by Langfield-Smith (1997). 相似文献
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多元资本结构在中国企业的实证研究 总被引:2,自引:0,他引:2
随着资本概念的多元化,相对于企业组织和市场配置方式而言,网络化配置更适应于现代经济生活中的资本概念。资本的网络化配置产生了资本网络系统,并使得资本结构从一元结构的优化转变为多元结构的优化。本文分析了各资本要素之间的因果关系,并利用结构化方程进行了实证检验。其结论有:财务资本对于人力资本存在投资转化作用;智力资本三要素之间存在着相互转化作用;财务资本和智力资本共同耦合创造企业价值。 相似文献
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Ting-Tsen Yeh;Yuanzhang Xiao;Shirley J. Daniel; 《Journal of Corporate Accounting & Finance》2024,35(2):103-120
Drawing on Simons’ levers of control, we develop a theoretical model to explore the influences of stakeholders (customers, suppliers, employees, regulators, communities, industry associations, and investors) on Management Control Systems for achieving strategic environmental, social, and governance (ESG) objectives. We then test the model using data from over 600 firms in the global automotive industry by linking the eleven largest automotive manufacturers with over 500 of their tier-1 and tier-2 suppliers and examining whether stakeholder-relevant metrics impact supplier retention and whether management compensation is tied to ESG governance. We also examine whether stakeholder influences lead to higher ESG scores. We find that stakeholder-related metrics for emissions, human rights, customer health, employee empowerment and industry associations are related to management compensation systems tied to ESG. We also find significant linkages between stakeholder influences and ESG scores. 相似文献
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研究目的:从粮食安全角度,结合风险分析理念,进行耕地需求量预测,为制定政策提供依据。研究方法:运用蒙特卡罗模拟方法,以县域为例,分析人均粮食消费量、出生率、死亡率、粮食耕地单产、粮经比、复种指数、粮食自给率等因素的可能概率分布,对耕地需求量进行仿真预测。研究结果:得到具有一定可信度的耕地需求量风险区间值,其平均值与常规预测方法的结果接近,但比常规预测得到更多的信息。研究结论:通过风险分析得到的耕地需求量风险区间值比单一特定的值更具有政策意义,分析耕地需求量风险区间值,可协助分析相关政策措施的有效性,有利于土地利用规划的弹性管理。 相似文献