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This paper analyzes the core factors and the impact path of aviation fuel demand in China and conducts a structural decomposition analysis of the aviation fuel cost changes and increase of the main aviation enterprises’ business profits. Through the establishment of an integrated forecast...
Persistent link: https://www.econbiz.de/10011115873
Energy intensity reflects energy usage efficiency of an economy, in the process of production and consuming of economic output. Why does energy intensity fluctuate in China? In this paper, we explores the distortion of different energy prices, the change of energy structure, technological and...
Persistent link: https://www.econbiz.de/10008473793
Persistent link: https://www.econbiz.de/10008329593
Persistent link: https://www.econbiz.de/10008900508
In this paper, petroleum product (mainly petrol and diesel) consumption in the transportation sector of China is analyzed. This was based on the Bayesian linear regression theory and Markov Chain Monte Carlo method (MCMC), establishing a demand-forecast model of petrol and diesel consumption...
Persistent link: https://www.econbiz.de/10011030986
In this study, a novel forecasting model based on the Wavelet Neural Network (WNN) is proposed to predict the monthly crude oil spot price. In the proposed model, the OECD industrial petroleum inventory level is used as an independent variable, and the Wavelet Neural Network (WNN) is used to...
Persistent link: https://www.econbiz.de/10009131016
In this paper, a hybrid model integrating wavelet decomposition and least squares support machines (LSSVM) is proposed for crude oil price forecasting. In this model, the Haar à trous wavelet transform is first selected to decompose an original time series into several sub-series with different...
Persistent link: https://www.econbiz.de/10009131024
In this paper, we investigate quality investment and price decision of a make-to-order (MTO) supply chain with uncertain demand in international trade. Due to volatility of orders from buyers, the supplier and the manufacturer in the supply chain are subject to financial risk. In contrast to the...
Persistent link: https://www.econbiz.de/10009146088
Inventory pledge financing is the core mode of logistics and supply chain finance in China, which can effectively solve financial bottlenecks in supply chains and has significant scope to develop. However, it is seriously constrained by the level of risk control. Given the randomly fluctuant...
Persistent link: https://www.econbiz.de/10010669601
Air transport demand forecasting is receiving increasing attention, especially because of intrinsic difficulties and practical applications. Total passengers are used as a proxy for air transport demand. However, the air passenger time series usually has a complex behavior due to their...
Persistent link: https://www.econbiz.de/10010785180