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In order to promote the desulfurization efficiency of calcium-based sorbents during coal combustion in traveling grate boilers, the influences on sulfur removal of the thermal conditions and the sorbents were discussed in this paper. It was found that the SO2 concentration first rises, then...
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Lin, Cai, and Li [Lin, Y., Cai, F., Li, Z., 1998. Competition, policy burdens, and state-owned enterprise reform. American Economic Review 88, 422-327] argue that under information asymmetry, SOE managers can use state-imposed policy burdens as excuses of poor performance and make the State...
Persistent link: https://www.econbiz.de/10005452936
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We firstly combine multi-scale method (MS) and weighted-permutation entropy (WPE) to analyze chaotic, noisy, and fractal time series, and find that MSWPE can distinguish different nonlinear time series and exhibit a better robustness in the presence of higher levels of noise, a task that...
Persistent link: https://www.econbiz.de/10011077843
Existing studies disagree over the basic determinants of capital structure in Chinese firms. We identify profitability, industry leverage, asset growth, tangibility, firm size, state control, and the largest shareholding as reliable core factors explaining book leverage. Compared with evidence...
Persistent link: https://www.econbiz.de/10011116401
In general, gradient estimates are very important and necessary for deriving convergence results in different geometric flows, and most of them are obtained by analytic methods. In this paper, we will apply a stochastic approach to systematically give gradient estimates for some important...
Persistent link: https://www.econbiz.de/10011209782
Chen and Cook (2010) showed that the classical continuum regression with a nonzero tuning parameter may fail to produce a consistent estimator. In this article we show that the continuum regression with either slightly modified constraints or the tuning parameter being zero can estimate the...
Persistent link: https://www.econbiz.de/10011189322
Purpose–The purpose of this paper is to examine preferences of Chinese individual and institutional investors to cash dividends and stock dividends. Using categorized daily holding information from the TOPVIEW database, the authors test how percentage holdings of individuals and institutional...
Persistent link: https://www.econbiz.de/10010960134