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GMAT:A Graph Modeling Method for Group Preference Prediction

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Journal of Systems Science and Systems Engineering 2024年第4期33卷 475-493页

作者： Xiangyu Li Xunhua Guo Guoqing Chen international Business school Jinan UniversityZhuhai519070China school of economics and Management Tsinghua UniversityBeijing100084China

Preference prediction is the building block of personalized services,and its implementation at the group level helps enterprises identify their target customers *** methods for preference prediction mainly focus on behavioral interactions to extract the associations between groups and products,ignoring the importance of other auxiliary records(e.g.,online reviews and social tags)in association *** paper proposes a novel method named GMAT for group preference prediction,aiming to collectively detect the sophisticated association patterns from user generated content(UGC)and behavioral *** doing so,we construct a tripartite graph to collaborate these two types of data,and design a deep-learning algorithm with mutual attention module for generating the contextualized representations of groups and *** experiments on two real-world datasets show that GMAT is superior to other baselines in terms of group preference ***,GMAT is able to improve prediction accuracy compared with its different variants,further verifying the proposed method’s effectiveness on association pattern detection.

关键词： Group preference UGC tripartite graph deep learning

Existence of a-Cores for Games Without Compact Assumptions

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Journal of the Operations Research Society of China 2024年第2期12卷 520-527页

作者： Hai-Qun Zhang school of international economics and Trade Shanghai Lixin University of Accounting and Fin Shanghai201209China

Following the representation of Kajii(J Econ Theory 56:194-205,1992),we provide some existence theorems ofα-cores for games without ordered preferences and compact *** applications,we obtain some existence results of... 详细信息

关键词： α-Core Existence Preference Noncompactness

Global Spillovers of China's Monetary Policy

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China & World Economy 2024年第3期32卷 1-30页

作者： Wenni Lei Dongzhou Mei Mi Zhang school of economics Minzu University of ChinaChina school of international Trade and economics Central University of Finance and EconomicsChina

Spillovers from China's monetary policy have become increasingly obvious with China's growing importance in the global economy and its close economic and trade ties with the *** study establishes a proxy structure vector autoregression model to investigate the magnitude and transmission channel of spillovers from China to global and regional economies,taking advantage of high-frequency changes in asset prices in the financial markets to identify monetary policy *** analysis reveals that China's monetary policy can affect the global economy by influencing international trade and commodity prices but there is no evidence of China's monetary policy affecting global financial *** in China's monetary policy can cause a decline in world output whereas expansion in monetary policy can support global trade and *** study also finds that the response of emerging Asian economies to China's monetary policy shock was nearly twice that of developed economies,while the transmission path did not *** results of this study are consistent with the stylized fact that China's monetary policy plays an important role in the global trade and commodity cycle,although it does not drive the global financial cycle.

关键词： China's monetary policy commodity prices external instruments global trade spillovers

Foreign Ownership and international Trade Performance in China

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China & World Economy 2024年第2期32卷 42-72页

作者： Zhiyuan Li Yichun Lin Mingyao Xu school of economics Fudan University Shanghai Institute of international Finance and economics China school of economics Fudan UniversityChina

We investigate the causal relationship between foreign ownership and international trade performance by comparing foreign-acquired firms with similar domestic-acquired firms in China with regard to changes in their post-acquisition international trade *** findings indicate that foreign ownership significantly enhanced the probability of both exporting and importing,and strongly increased trade *** ownership took effect from the year of the acquisition and persisted for at least 2 *** stimulated both processing trade and ordinary trade,and expanded products and trading ***-acquisition trade performance also exhibited heterogeneity based on the different pre-acquisition and post-acquisition *** for the underlying mechanisms,we show that firms experienced significant output expansion,increased export dependence,and eased financial constraints after foreign acquisition.

关键词： domestic acquisition foreign acquisition foreign ownership international trade performance

Spatial Structure of Peer Networks and Academic Achievement Based on a Random Control Trial Experiment

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China & World Economy 2024年第3期32卷 67-97页

作者： Shilan Feng Ya Tan Zhi Wang Qinghua Zhang school of Marxism Peking UniversityChina school of international Trade and economics University of International Business and EconomicsChina China Center for Economic Studies Fudan Universityand Shanghai Institute of International Finance and EconomicsChina Guanghua school of Management Peking UniversityChina

This paper investigates whether changing the seating arrangement in a classroom can facilitate positive spillovers from top-performing students to others,using a field experiment conducted in a Chinese high *** study groups with balanced abilities,the treatment altered the spatial distribution by assigning the two top students to seats in the spatial center of each *** the reference groups where students were allowed to choose their own seating arrangements,the lowest performing were significantly less likely to sit next to a top student than they would be under a random *** results suggest that,in the treated groups,there could be enhanced academic spillovers from the top *** treatment especially benefited the two lowest performing students in science *** contrast,the treatment exerted negative effects on the test scores of the two middle-performing students,due to a disruption *** results suggest that the spatial layout of a peer network can have a significant impact on learning outcomes.

关键词： field experiment peer effects social interactions spatial structure test scores

Uncertainty of the Export VAT Rebate Policy:Measurement and Its Effects

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China Finance and Economic Review 2024年第2期13卷 90-111页

作者： Yanzhe Zhang Helian Xu Xiaokai Shao school of economics Hainan University school of economics and Trade Hunan University international Business school Beijing Foreign Studies University

Based on the export VAT rebate rate data from 2004 to 2015,this paper measures the uncertainty of Chinese export VAT rebate policy by using unexpected fluctuation of export VAT rebate rate,and finds that the index varies across products,years and ***,the paper studies the influence of the uncertainty of export VAT rebate policy on China’s export growth from both theoretical and empirical *** research results show that this uncertainty reduces the expected profit of export enterprises and their optimal output,and significantly reduces the growth rate of the ordinary export that applies the export VAT rebate method,but it has no impact on the processing *** decomposing total value of exports,it is found that the growth in the number of ordinary export relationship and average sales decrease with the increase of uncertainty,while the average price growth rate increases slightly,and these effects are only refl ected in the newly entered export *** findings suggest that when the uncertainty of export VAT rebate policy is high,enterprises are more cautious about entering the ordinary export market and more likely to adopt a lowquantity-high-price strategy.

关键词： export VAT rebate policy uncertainty export growth ordinary export

Dynamic analysis of major public health emergency transmission considering the dual-layer coupling of community–resident complex networks

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Chinese Physics B 2024年第7期33卷 158-169页

作者：杨鹏范如国王奕博张应青 school of economics and Management Wuhan UniversityWuhan 430072China Postdoctoral Research Station China International Engineering Consulting CorporationBeijing 100000China school of Business Administration Guizhou University of Finance and EconomicsGuiyang 550025China

We construct a dual-layer coupled complex network of communities and residents to represent the interconnected risk transmission network between communities and the disease transmission network among residents. It characterizes the process of infectious disease transmission among residents between communities through the SE2IHR model considering two types of infectors. By depicting a more fine-grained social structure and combining further simulation experiments, the study validates the crucial role of various prevention and control measures implemented by communities as primary executors in controlling the epidemic. Research shows that the geographical boundaries of communities and the social interaction patterns of residents have a significant impact on the spread of the epidemic, where early detection, isolation and treatment strategies at community level are essential for controlling the spread of the epidemic. In addition, the study explores the collaborative governance model and institutional advantages of communities and residents in epidemic prevention and control.

关键词： propagation dynamics complex networks public health events community structure

Import Policy Uncertainty and Innovation

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China & World Economy 2024年第1期32卷 197-230页

作者： Lingshan Chen Yunong Li Qian Xie Mao Zhou school of international Business Southwestern University of Finance and Economics(SWUFE)China school of international Business SWUFEChina Institute of economics Chinese Academy of Social SciencesChina

The Chinese government has emphasized innovation as the primary driving force for economic development in the new *** paper studies the effect of import policy uncertainty(IPU)on the innovation activity of Chinese manufacturing *** establishes a simple model to show that the presence of IPU encourages innovation and that a reduction in IPU discourages *** distinguishes the almost unnoticed IPU reduction from tariff reduction on China's WTO accession and develops a novel difference-in-differences specification that identifies the negative effect of IPU reduction on innovation using updated data for Chinese manufacturing and patent *** result holds after a battery of identification assumptions and robustness checks are *** import channel explains about two thirds of the effect of IPU on innovation,but not all of the ***,this paper examines the effect across firms of different levels of productivity and ownership types and patents of different categories.

关键词： import policy uncertainty innovation patent WTO

FinTech Can Prevent the Formation of Zombie Firms:Evidence from China

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Social Sciences in China 2024年第1期45卷 111-133页

作者： Jiang Jiatong Yang Lu Yin Zhentao school of international Trade and economics University of International Business and Economics school of Public Policy&Management Tsinghua University Institute of Finance and Banking Chinese Academy of Social Sciences

The interplay between financial technology(FinTech)and real economy firms has garnered considerable *** paper explores the relationship and mechanism between FinTech and corporate zombification using the data of Chinese A-share listed firms in China from 2011 to *** research findings reveal that FinTech significantly inhibits firm zombification,and FinTech breadth and depth both play a significant role in restraining firm *** exploration indicates that,on the one hand,FinTech reduces friction in the financial market,inhibiting firm zombification by improving firm investment efficiency,especially alleviating *** the other side,FinTech indirectly affects the technological investment,production,and operation of firms,thereby inhibiting firm zombification by increasing their total factor *** analysis suggests that the inhibitory effect of FinTech on corporate zombification is more pronounced for non-stateowned firms and small-sized firms,as well as those in manufacturing industries and highly competitive *** paper provides some novel evidence on evaluating the effect of FinTech on firms and also offers new insights for efficient governance of zombie firms.

关键词： FinTech zombie firms investment efficiency total factor productivity