资本市场发展与经济增长均衡关系协整检验

在总结国内外相关成果的基础上,分析了股票市场促进经济增长的作用机制,运用1994年到2005年的季度数据进行分段检验,实证研究了股票市场发展与中国经济增长的关系,得出了出人意料的结论.     

中国技术市场规模扩张原因的实证检验

采用格兰杰因果分析法，依据需求拉动和技术推动理论，对中国技术交易规模扩张的原因进行了实证检验．结果表明：中国技术市场规模扩张的类型属于需求拉动的规模扩张，而不属于技术推动的规模扩张．     

LAND SUPPLY AND HOUSING PRICE:THE CASE IN HONG KONG

In this study we examine the relationship between land supply and housing price, percentage of land premium in the total government revenue and housing price, with reference to Hong Kong from 1981 to 1994. To do this we employ the Granger causality method to test the underlying hypothesis whether Hong Kong Government adopt high land-price policy. We use the first difference of data to ensure the stationarity in time series with the help of augmented Dick-Fuller unit root test. The results of the paper suggest no strong evidence to support the view that the land control of the government has caused soaringly rising housing prices. The findings also apparently implicate that the government has the revenue-maximizing behavior which is consistent with efficient allocation of resources.     

Response of downstream sediment to water resource development in mainstream of the Lancang River

The impact of hydropower cascades of the Lancang River on downstream sedimentation has become one of the key problems in the research of the transboundary water resource development and its possible environmental effects. In this paper, the newest sediment data series spanning 17 years （1987-2003） at Yunjinghong hydrometric station and Chiang Saen hydrometric station, in northern Thailand, are analyzed to reveal these effects. Monthly mean sediment concentration data of the two stations are compared in-phase and yearly series are analyzed by the method of correlation and regression analysis and causality test. The analysis result shows that, though both of them are located at lower reaches of Manwan and Dachaoshan hydropower stations which are already constructed and in use, the sediment responses of the two stations are different under the regulation of the hydropower stations Annual series at Yunjinghong station are positively correlated but do not match well with those at Chiang Saen station. In addition, the results of Granger causality test on the time series also suggest that the series of maximum monthly mean sediment concentration of the Yunjinghong station each year may give cause for the ones of Chiang Saen station, while the series of minimum monthly mean sediment concentration each year and annual mean sediment concentration of Yunjinghong do not evidently give cause for the ones of the other station. Undoubtedly, this discovery will provide new evidences to assess the impacts of cascades construction in mainstream of the Lancang River on the variation of downstream sediment and its transboundary effects.     

我国股票市场财富效应的实证分析

该文应用格兰杰因果关系检验和协整分析方法，对我国股票市场的财富效应作了实证分析，指出我国股票市场不具有财富效应而仅具有替代效应．     

Signal Diffusion Mapping: Optimal Forecasting with Time‐Varying Lags

We introduce a new methodology for forecasting, which we call signal diffusion mapping. Our approach accommodates features of real‐world financial data which have been ignored historically in existing forecasting methodologies. Our method builds upon well‐established and accepted methods from other areas of statistical analysis. We develop and adapt those models for use in forecasting. We also present tests of our model on data in which we demonstrate the efficacy of our approach. Copyright © 2015 John Wiley & Sons, Ltd.     

中国经济发展与环境质量动态关系

运用向量误差修正模型,对中国人均GDP与污染物排放量之间关系进行先验性因果检验,并基于层次分析法测算了中国坏境污染综合指数.在此基础上,根据经济增长与环境质量的实际变动趋势,选用二次函数对人均GDP与环境污染综合指数之间的动态关系进行模拟.结果显示:无论从长期或短期来看,都存在着从人均GDP到各种污染物排放量的单向因果关系;中国环境污染综合指数随人均GDP的增加呈现上升趋势,环境质量随经济发展而逐步好转的现象尚未出现.从经济发展方式、环境政策等方面对导致上述结果的原因进行了解释.     

我国建筑业发展与其能源消费关系的协整分析

采用我国1981—2007年间数据,运用协整分析技术和格兰杰因果检验分析了我国建筑业产值和能耗之间的关系.结论表明:建筑能源的消耗可以支撑起建筑业的发展,但建筑业的发展并非必然依靠能源的大量消耗,从而为建筑业寻找新的经济增长点及绿色节能建筑的开发应用提供理论依据.     

股票即时价格与期货价格关系的实证研究

借助协整(Cointegration)和向量自回归(VAR)技术,通过实证研究了股票即时价格与期货价格之间的关系.主要包括反映两个变量长期均衡状态的协整关系、Granger因果关系以及得出这些关系的ADF单位根检验、Johansen协整关系检验和协整因果关系检验,同时也给出了实证分析中精确的计量结果.     

从因果性到空间关系

早期认知心理学倾向于接受传统逻辑学的观点,认为归纳推理起源于因果性。近年来,认知心理学的实验研究表明因果性起源于人对时间关系和空间关系的认识。本文的研究指出,一般意义上的时间关系可以还原为空间关系。于是,在追溯归纳推理基础心理机制的道路上,出现了这样一个线索:归纳推理源于对因果性的认识,因果性起源于时间关系,而时间关系又是空间关系的衍生,因此,归纳推理起源于对空间关系的认识。