All of the articles in this proceedings volume have been presented at the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022) during May 27-29, 2022 in Dalian, China. These articles have been peer reviewed by the members of the [Scientific Committees and reviewers]...

Public participation in the carbon emission reduction is an important part of the construction of social ecological civilization, which has a significant impact on enterprise decision-making. At the same time, enterprises decisionmaking is also affected by the emotion of the carbon emission reduction....

For a long time, agricultural risk has been the main contradiction and prominent problem that restricts the development of rural economy. This paper constructs the Agricultural Risk Compensation Fund in Dalian on the basis of the principle of tax benefit, the social public attribute of Agricultural Risk...

Science and technology is the primary productive force, and also the inexhaustible driving force for high-quality development, so the research of technological innovation affecting high-quality development has become the focus of all sectors of society. Comprehensively improving the capacity for technological...

Investment plays an important role in promoting the development of both the country and enterprises, and the corporate income tax burden has an impact on corporate investment, and the investment behaviors of enterprises in different life cycle stages are also different. In order to investigate the impact...

The paper analyzes a valuation analysis method that is based on the Discounted Cash Flow (DCF) valuation model and supplemented with other valuation models such as Enterprise Value Multiple (EVM), Price to Earnings (P/E), and Price to Book Value (P/B). To exemplify our methodologies' reliability,...

In the process of economic globalization, the digital economy is the only way for China to transform from big to strong. The high-quality development of the digital economy has become an important means of changing the economic and social development model. Under the background of digital economy, this...

Limited by its own development law, the development of resource industries and resource-based cities will inevitably go through the process of construction, prosperity, decline, transformation, revitalization or demise. How to carry out economic transformation and find a new way out is a difficult problem...

The hypothesis of "economic man", which is put forward by the managerial economics, has some limitations. The root of the pollution lies in the pursuit of maximization economic benefit. Based on the hypothesis of "economic man", the paper puts forward the hypothesis of "ecological...

The purpose of this research is to investigate the impact of skincare brands' social media marketing activities (SMMA) on potential consumers' perceived brand equity and electronic word-of-mouth and the differences in responses to social media marketing activities between consumers of different...

The impact of entrepreneurship on economic growth has been a hot topic of discussion among scholars in recent years. Based on the data of SMEs in the New Over the Counter Market, this paper establishes a fixed effects model to study the relationship between entrepreneurship and economic growth. Empirical...

Based on the panel data of 31 provinces in China from 2011 to 2020, this paper studies the development status and characteristics of digital finance in China by using descriptive statistics and analysis of variance; And use the regression model to test and analyze the relationship between digital finance...

Under the background of digital entrepreneurship, it is an inevitable trend for new ventures to cultivate digital capabilities and innovate business models to achieve entrepreneurial success. Based on the dynamic ability theory, this paper combines the organizational learning theory with the dynamic...

Taking the Chinese A-share listed companies from 2012 to 2019 as research sample, this paper examines the impact of digital transformation of enterprises on inventory management. The results show that digital transformation can significantly reduce the inventory level of enterprises and improve the efficiency...

This research paper explores the relationship between the global economic policy uncertainty index (GEPU) and Ethereum price. By employing the Hodrick-Prescott Filter Decomposition, the price of Ethereum is decomposed into a trend component, which reflects the increasingly wide usage, and the cyclical...

A good tourism image is not only the basis for customers to choose tourism destinations, but also an important basis for tourism destinations to maintain the source of tourists. This paper uses the Octopus collector to collect tourist travel notes on Meituan Travel Network as a data sample, and uses...

In order to encourage enterprises to strengthen green innovation and cope with increasingly prominent environmental problems, China government has introduced a series of green financial policies. But, how does green innovation affect debt financing costs in practice ? The purpose of this paper is to...

This paper explores the impact of shadow banking scale on China's financial risk prevention and control capabilities, which is of great significance to the stability and development of the financial system. This paper starts with the literature on the definition of shadow banking in China and its...

Studying the impact of digital economy on industrial structure upgrading is of great significance to industrial transformation and upgrading. This paper constructs an econometric model of digital economy development level and industrial structure upgrading, and makes an empirical analysis of the relationship...

This paper selects 12 major cities in Hubei Province as the research objects. Using the Super-SBM model and GML index to calculate the industrial green transformation efficiency and differences of major cities in Hubei Province from 2009 to 2019.The overall industrial green transformation efficiency...

To measure the relationship between Self-organizing type, innovation path and firm performance, the study uses a structural equation model and a confirmatory factor analysis method to conduct empirical tests on the basis of indepth interviews with electronic information enterprises in the Pearl River...

The digital reform of characteristic towns can effectively promote the high-quality development of rural areas in China, bridge the digital divide between urban and rural areas, and stimulate new vitality in rural development. This paper uses the principal component analysis method to select 22 projects...

Based on B/S architecture, this paper has completed the construction of the visual analysis system of enterprise economic operation indicators. Among them, the realization of D3.js visualization framework by JS in the client is not only conducive to the display of economic indicators, but also conducive...

Theories suggest that standards promote industrial innovation through compatibility features, variety of simplification functions, and accelerated knowledge dissemination mechanisms, but there is a lack of robust empirical evidence. Given this, this paper selects the data of 13 industries in China's...

In the era of urbanization and modernization, how to transform old abandoned buildings in cities is a problem that urban planners need to face. The rise of urban "nostalgia" has penetrated into many fields such as social and cultural life, and the government has taken this opportunity to protect...

Human resource performance management can help enterprises to improve their overall strength and gain advantages in the fierce market competition. For Furniture Enterprises, making the right human resources decisions and carrying out effective human resources activities can greatly improve the overall...

This paper mainly studies the impact of enterprise digital transformation on technological innovation. Based on the whole industry data of A-share listed enterprises, the paper analyzes the text of enterprise annual report and extracts digital keywords to construct core explanatory variables, and takes...

As a cutting-edge financial business model under the deep integration of technology and finance, digital finance may have an underlying impact on the development of the real economy. Using Chinese manufacturing private listed firms from 2011-2018 as a sample, this paper empirically examines the impact...

Based on the theory of community identity, this paper analyzes the inner logic and expression levels of the value construction of university cultural and creative products to promote community identity, constructs a design framework for a series of cultural and creative products of Wuhan University of...

The liquidity of assets is one of the important factors affecting the return on assets. This paper takes the monthly trading data of China's A-share market from January 2005 to December 2020 as the sample space for the empirical research, and takes Amihud illiquidity index as the liquidity index...

In recent years, the operating costs of Chinese Internet enterprises have increased significantly, and the growth rate of operating profits has maintained double digits. In 2021, China's Internet enterprises above Designated Size achieved a total operating profit of 132 billion yuan, an increase...

With the development of e-commerce, the advance selling strategy with showrooms is widely adopted by many retailers in order to solve the uncertainty of consumer valuation and reduce inventory risk. In order to make the optimal pricing and inventory decision when the retailers share information with...

With the rise of the Internet industry, the digital economy has developed rapidly, and the high-quality economic development of various provinces and cities in China has also benefited a lot. Based on the comprehensive development of the digital economy in various provinces and cities and the degree...

Faced with the current Chinese personnel compensation system and performance management assessment rate is too unified, poor fault tolerance, low query performance. The intelligent system management of personnel compensation and performance appraisal based on database and KPI index system is designed....

Scientific and technological innovation has become a powerful lever to promote economic transformation and development. As a new force to promote regional innovation and development, new R&D institutions have boosted regional economic transformation and upgrading to a certain extent. How to evaluate...

Producer services are important intermediate inputs in manufacturing industry, so does the development of producer services promote the servitization of manufacturing industry? To answer this question, this paper uses provincial paneldata from 2004 to 2020 to empirically analyze the impact of producer...

Using Eviews7 and SPSS25, Granger causality test and stepwise regression analysis were carried out on the statistical data of China Statistical Yearbook, Shaanxi Statistical Yearbook and Xi'an Statistical Yearbook from 2010 to 2020. On this basis, a time series-BP neural network combined prediction...

Transportation is a traditional and fundamental industry of the national economy. Using the input-output analysis method, this paper calculates the direct consumption coefficient, complete consumption coefficient, influence coefficient and sensitivity coefficient of China's transportation industry...

Intellectual capital has become an important issue in the knowledge economy. This paper investigates the relationship between intellectual capital (IC) and corporate financial performance in Chinese manufacturing industries. Using thevalue-added intellectual coefficient (VAIC™) approach, this paper assesses...

The evaluation of stock value is conducive to investors’ scientific analysis and prediction of stock value, and improves the scientificity of investment decisions. Sany Heavy Industry Co., Ltd. is a leading enterprise in China’s construction machinery industry. Evaluating its stock value will help China’s...

[Objective] To build a service design model for the ophthalmology and optometry industry to solve the problems of low consumer satisfaction with service experience and the mismatch between market service entities and consumers’ service needs during the post-epidemic period, so as to transform the industry...

As financial markets become increasingly interconnected, the possibility of cross-contamination of financial risks is also rising. This paper uses the medical SIRS infectious disease model to study the risk cross-infection mechanism between financial markets and conduct simulation simulations. To effectively...

The COVID-19 has brought huge impact on the capital market around the global. Since hedge fund is regarded as a useful risk manage tool, investors became curious of the profitability of this financial strategy. This article presents the performance of two main strategies-merger arbitrage and long short...

On holidays, tourism will face some problems that are not usually available, such as rising costs, traffic congestion, crowded population and so on. Therefore, the choice of tourist destination will be different from that in ordinarytimes. The data used in this paper comes from CEPS and has high authority....

Contemporarily, it remains an unresolved issue whether the merger arbitrage strategy, as one of the hedge fund strategies, is really profitable for investors in today’s semi-strong and efficient market. In this paper, the profitability and effectiveness of this strategy are evaluated based on an event...

In the new period of rapid network development, high and new technology is gradually applied to all walks of society, and cloud computing network technology gradually stands out. With the rapid development of science and technology,the development speed of cloud technology has become more and more rapid,...

At present, the production schedule management of kitchens in small-scale restaurants is relatively poor, resulting in low economic benefits. Improving the efficiency of dish-making not only ensures customer satisfaction but also brings higher economic benefits to operators. In most cases, the order...

Since the Sino-US trade war began, it is interesting to understand how the U.S.-China Trade War influences Guangdong’s export trade. This paper establishes a vector autoregressive model among the average tariff rate of Chineseproducts in imports from the U.S., the scale of Guangdong’s exports to the...

In recent decades, “explosive fund” marketing has become an important marketing means, which has a significant impact on investors. This paper establishes a marketing emotion model by studying the marketing emotion index produced by fund marketing. The trend of the selected fund products depends on the...

If investors want to profit in the market, they need to have a reasonable trading strategy. In this paper, we use the moving average crossover strategy to process data, predict the short-term market price situation based on the historical price before the trading day, and also use EMA, RSI and MACD for...

In today’s complex environment, the requirements for the ability of enterprises to deal with the crisis are higher and higher, which means that enterprises need to take appropriate crisis response strategies according to their own situation. This paper uses the questionnaire survey method, through the...

Since the launch of Shanghai-Hong Kong Stock Connect, AH premium of the A share and H share dual-listed companies maintains at a high level. The extra cost for mainland investors to invest in H shares is an important factor. This paper will analyze this phenomenon and apply support vector machine (SVM)...

In order to comprehensively evaluate the economic development level of Zhejiang Province, his paper selects 10 economic indicators and establishes a comprehensive evaluation system for the economic development level of 11 regions (cities) in Zhejiang Province. Based on the relevant data in 2021, SPSS...

In the new era, China’s economy has changed from a high-speed growth stage to a high-quality development stage, facing the new task of industrial structure transformation and upgrading, and it is urgent to cultivate new kineticenergy. At present, scholars generally believe that the leading technology...

It is an important subject of tourism economic development. By collecting and arranging the total number of tourist receptions and total tourism revenue of 18 counties and cities in Hainan Province in 2016 and 2020, the degree of tourism economic connection was measured based on the modified gravity...

Machine learning has a wide range of applications to meet the complexity of data and various expectations for prediction types. In this study, a comprehensive review of various machine learning approaches for Bitcoin price prediction will be proposed. After examining previous research on cryptocurrency...

Based on the unprecedented boom in the NFT market in the last two years, more and more researchers paid attention to the factors of price influence. However, few papers studied the PFP (Profile Picture). This paper will study the priceinfluencing factors for PFP, a representative product in the NFT market....

This paper explains the application of the net present value rule to actual investment scenarios. Examples are given of how the NPV rule can be used in actual machine production to help investors decide the best time to sell in a single or repeated investment scenario and thereby maximize the benefits....

In recent years, the problem of urban pollution is becoming more and more serious. A large number of toxic substances are discharged, which destroy the living environment of residents and threaten people's health. Therefore, local governments are paying more and more attention to environmental problems,...

Domestic tourism occupies an increasingly important position in people’s daily life, this paper takes the economic indicators related to urban tourism in Hubei region from 2005-2019, studies the influence of each economic indicator on the gross regional product of Hubei province through regression analysis,...

Nowadays, to enter the stock market, company selection (fundamental analysis) and evaluation based on stock price (technical analysis) are significant parts of the preparation for a rational investor. Since there are multiple ways to dothe stock analysis and stochastic elements in stock investment, none...

With the rapid development of the bond market and the financial field, more and more people realize the importance of the interest rate risk management for an enterprise to survive in the bond market, so they pay more attention to the interest rate risk management. Since the emergence of Macaulay Duration...

The stock market applies data with different time intervals to invest. This paper aims to figure out how to apply stock data at different time intervals to build a range breakout model by comparing different data indicators to ensure profit maximization. The two groups of interval data are selected as...

With the advantages of high speed and high efficiency, railway has rapidly become the core of the national transportation system. At the same time, railway industry is also developing vigorously. In this paper, the quantity data of intercity railways, high-speed railways and ordinary trains in 118 cities...

This paper selects the relevant data of Shaanxi Province from 2010 to 2020, and uses SPSS and Eviews measurement software to explore the main factors affecting the flow of scientific and technological talents by Granger causality test and gray correlation analysis. Gray correlation analysis shows that...

The dividend discount model (DDM) is an efficient stock market value valuation model, which takes dividends as the primary analysis goal to predict and analyze the price of the analyzed stock. According to the existing formula and principle of DDM, taking Iflytek Co., Ltd. as an example to analyze the...

With the popularization of the Internet, online shopping has become a kind of shopping that is known to all. The network customers are accustomed to obtaining the related information from the net. Under this circumstance, online reviews can spread at a stupendous speed on the Internet and their influence...

Margin trading and stock index futures were introduced in China since 2010, and investment institutions began to add shorting mechanism into their portfolios or new products. The development of margin trading provides a hedging strategy, the statistical arbitrage strategy. Before and after margin trading...

Based on the relevant provincial data of China from 2011 to 2020, the Granger causality test is used to verify that economic growth is the one-way Granger reason to promote the development of digital inclusive finance. Further, the quantile regression of panel data is used to analyze the impact of economic...

The outbreak of the COVID-19 pandemic led to a global financial crisis. As one of the most severely affected countries, the United States experienced a significant economic shrinking throughout the year 2021 and its economy sank into the worst recession in the last 74 years. The unemployment rate, as...

This article explored basic features of the Macaulay duration in the context of its study. It also examines how Macaulay durations are immune to interest rate fluctuations using comparative examples and the theme of combining financial products with maturities. Combining the abstract Macaulay duration...

In this paper, the SSE Real Estate Index and RMB exchange rate are taken as the research objects, and the approaches and effects of the RMB exchange rate on the SSE Real Estate Index are further explored by means of literature and empirical research. The results show that the RMB exchange rate can boost...

The ultimate goal of economic development is for the well-being of people, that is why the factor of resident income is one of the most significant and crucial indicators of examining whether people are living happily. On this basis, this paper mainly focuses on the factors which are related with the...

Arbitrage is a well-known and commonly used approach in the financial market, where large amounts of trades are associated with it. Pair-trading, one of the most prevalent statistical arbitrage methods, is used in this paper to construct a portfolio of three asset pairs, i.e., gold and silver future...

Contemporarily, with globalization and excess liquidity, hedge funds have achieved rapid development. The investment fields are not only limited to the traditional capital market, but also involve almost all currencies, bonds, derivatives, commodities and financial futures markets. It is of great significance...

In this paper, we propose a maverick stock trading strategy and apply it to the Chinese stock market. We use a high-frequency trade data of Chinese stock market in 2019 and apply the trading strategy every day. Data comes from the CSMAR database. Our trading strategy shows an amazingly high return. We...

In recent years, housing prices remain high. In the meantime, the problem of excessive growth becomes increasingly serious. A series of socio-economic pain points brought by high housing prices have become key issues that the government needs to solve urgently. Continued high housing prices have seriously...

In the context of the normalization of epidemic prevention and control, the pharmaceutical manufacturing industry is facing new opportunities and challenges. Based on the panel data of 171 listed pharmaceutical manufacturing enterprises in China from 2017 to 2020, this paper uses a two-way fixed effects...

The development of new energy vehicles is highly supported by the country, but the sales strategy of new energy vehicles is not mature, and there are few studies on the relationship between vehicle performance and purchase intention in the existing sales strategy. This paper refers to the existing research...

This paper mainly introduces the financial sector is widely acclaimed VaR risk quantitative analysis method, VaR method (Value at Risk), known as value-at-risk model, is often used in the risk management of financial institutions. We select and download the data of four stocks (APPL, BAC, AXP, KO) which...

This paper examines the relationships between delayed retirement and youth unemployment. In light of the life-circle hypothesis, it assumes that the income before retirement is fixed and the consumption level is also constant, perceiving all consumers as rational. All data comes from China Statistical...

Data from the National Bureau of Statistics show that in recent years, both the per capita education expenditure of Chinese residents and the national financial expenditure on education have shown a steady rise. Although the intensity of financial support has not been reduced, the per capita education...

GDP is currently the most comprehensive and effective indicator of the national economic situation in the world. Macroeconomic indicators are used to analyze the development trend and operation of the national economy. When analyzing economic growth and macroeconomic operation, GDP plays a great role....

With the rapid development of China's real estate market, the real estate industry has become a significant part of Chinese national economy. However, the high housing prices in the first-tier and new first-tier cities have forced many young people to turn their attention to the rental market, setting...

Idiosyncratic deals (namely, i-deals) have received attention from organizations and scholars as a new way to manage core employees in companies. In this study, 325 employees were selected as samples, and the hypotheses were verified by mathematical statistics and analysis. Data analysis results indicate...

With the expansion of tourism industry, tourism has become an economic growth point that cannot be ignored. This paper takes the local residents of Wanzhou District, Chongqing as the research object, and collects a total of 342 valid questionnaire data through the big data platform such as Questionnaire...

With the development of society and the improvement of people's living standards, people's consumption level has become higher and higher, people have become more and more concerned about finance, and it is of great significance to apply mathematical model to the financial field. The use of...

The global spread of the COVID-19 epidemic has become a common threat to human society, posing huge challenges to the economies of various countries. On this basis, evaluating the impact of it on the economy and society has become a research hotspot. The stock market, as a barometer of the economy, will...

Agricultural insurance, an important tool to reduce the risk of agricultural production, cannot function well without government subsidies due to its quasi-public nature. In 2007, China's fiscal subsidies for agricultural insurance premiums officially began. Beijing is one of the first cities to...

Water allocation in the Colorado River directly affects greatly the water availability in the U.S. states of Arizona, California, Wyoming, New Mexico, and Colorado. In order to mitigate the influence of water shortage in these regions, this study develops a series of multi-objective linear programming...

Expedia is a travel searching and booking platform. The dataset specifically showcases property searches on the platform. To help Expedia better know how to attract more consumers, by studying the association between reviews and consumers’ choices by using hypothesis test and multiple linear regressions....

Based on a profound interpretation of the connotation of high-quality development, this paper constructs high-quality development indicators for the new era from the six major systems of innovation, coordination, green, openness, sharing, and effectiveness. It uses the TOSIS method of entropy weight...

The markets and investors had faced severe challenges during the COVID-19 Pandemic. It is important for inventors to learn the way to spread their risk from their portfolio. This paper indicates the performance of different Hedge fund strategies during the Pandemic. Hedge funds use different risk management...

Olympic Games are mega sports event capturing global attention that serves as the core discussion to measure the economic impacts. This paper focuses on the 2022 Beijing winter Olympics by applying event study to 9 local partners of the game. According to the analysis, while no significant abnormal return...

China has entered the aging phase since late 1990s and the process has been accelerating in recent years. Aging population has gradually affected China’s demographic dividend and applied potential impact on international trade. This paper reviews literatures in this territory and compares both the aging...

In order to study the correlation between the operation performance of city commercial banks in Guangxi and the green credit business, the paper organizes the seven-year data of Guilin Bank, Liuzhou Bank and Guangxi Beibu Gulf Bank to establish panel data, through F test and Hausman test regression analysis...

Weibull distribution is commonly applied in survival analysis and reliability analysis, whose shape and scale parameters are most commonly estimated by maximum likelihood estimation and related numerical methods. In this paper, by introducing an artificial parameter and then using the perturbative method,...

In light of the unprecedented high unemployment rate due to the latest spread and development of coronavirus with only a few available internship and full-time job opportunities for college graduates, this research based on large sample post-graduate admission statistics dataset and prospective post-graduates...

This article conducts research on the daily closing prices and yields of the Shanghai Composite Index and the Shenzhen Composite Index from January 2, 2014 to January 2, 2020. Based on the random walk assumption, the unit root test, the run test and the autocorrelation test were used to examine the efficiency...

ESG (Environment, social and governance) nowadays becomes an important indicator for investors to consider those investing decisions. This passage will use a linear regression model to show whether ESG factor will influence companies’ profitability positively. The author sampled 100 companies from Nasdaq...