Taiwan’s auditors have suffered from processing excessive audit data, including drawing audit evidence. This study advances sampling techniques by integrating machine learning with sampling. This machine learning integration helps avoid sampling bias, keep randomness and variability, and target the risker samples. We first apply a Naive Bayes classifier to classify data into some classes. Next, a user-based, item-based, or hybrid approach is employed to draw audit evidence. The representativeness index is the primary metric for measuring the representativeness of audit evidence. The user-based approach denotes the selection of samples between two percentiles in a class as audit evidence. It may be equivalent to a combination of monetary and variable sampling methods. The item-based approach represents the choice of risky samples as audit evidence. It may be identical to a combination of non-statistical and monetary sampling methods. Auditors can hybridize those user-based and item-based approaches to balance representativeness and riskiness in selecting audit evidence. Three experiments show that sampling using machine learning integration has the benefits of drawing unbiased samples, handling complex patterns, correlations, and unstructured data, and improving efficiency in sampling big data. However, the limitations are the classification accuracy output by machine learning algorithms and the range of prior probabilities.

Good estimators are characterized as robust, unbiased, efficient, and consistent. However, the commonly used estimators are weak or lack one or more of these properties. In this article, eight (8) estimators for statistical and geometrical estimations of symmetry/asymmetry, similarity/dissimilarity, identity/unidentity, and feature transformation were proposed following Kabirian-based optinalysis and other operations. The proposed estimators are characterized as invariant (robust) under scaling, location shift, and rotation or reflection. A computing code was written in python language for each of the proposed estimators so that peers can have working codes for application and performance evaluation.

Portfolio weights solely based on risk avoid estimation error from the sample mean, but they are still affected from the misspecification in the sample covariance matrix. To solve this problem, we shrink the covariance matrix towards the Identity, the Variance Identity, the Single-index model, the Common Covariance, the Constant Correlation and the Exponential Weighted Moving Average target matrices. By an extensive Monte Carlo simulation, we offer a comparative study of these target estimators, testing their ability in reproducing the true portfolio weights. We control for the dataset dimensionality and the shrinkage intensity in the Minimum Variance, Inverse Volatility, Equal-risk-contribution and Maximum Diversification portfolios. We find out that the Identity and Variance Identity have very good statistical properties, being well-conditioned also in high-dimensional dataset. In addition, the these two models are the best target towards to shrink: they minimise the misspecification in risk-based portfolio weights, generating estimates very close to the population values. Overall, shrinking the sample covariance matrix helps reducing weights misspecification, especially in the Minimum Variance and the Maximum Diversification portfolios. The Inverse Volatility and the Equal-Risk-Contribution portfolios are less sensitive to covariance misspecification, hence they benefit less from shrinkage.

This paper compares the finite sample performance of three non-parametric threshold estimators via Monte Carlo method. Our results show that the finite sample performance of the three estimators is not robust to the relative position of the threshold level along the distribution of threshold variable, especially when a structural change occurs at the tail part of the distribution.

In this paper, a semi-empirical model of air waves induced by falling rock is described. The model is composed of a uniform motion phase (velocity close to 0 m·s^-1) and an acceleration movement phase. The uniform motion phase was determined based on experimentally and the acceleration movement phase was derived by theoretical analysis. A series of experiments were performed to verify the semi-empirical model and elucidated the law of the uniform motion phase. The acceleration movement phase accounted for a larger portion with a greater height of the falling rock. Experimental results of different falling heights of the goaf showed close agreement with theoretical analysis values. The semi-empirical model could accurately and conveniently estimate the velocity of air wave induced by falling rock. Thus, the semi-empirical model can provide a reference and basis for estimating the speed of air waves and designing protective measures in mines.

The aim of the article is to verify differences in the perception of selected factors of sustainability among small and medium-sized enterprises (SMEs) in Central Europe. The subjects of analysis are factors such as corporate social responsibility (CSR), business risk sources (market, financial, personnel, and operational), reputation and social media, national support, social changes, and crisis events in business. The questionnaire was completed by 1,090 SMEs from the business environments of Visegrad Group countries. Statistical hypotheses were verified using Z-scores for two population properties. The most negatively perceived factors among owners and managers in the SME segment are national support and legislative changes. The most positively perceived factor is reputation and social media. The country of doing business is a significant factor. The perception of crisis events in business is most negative among Czech SMEs. More than 80% of Hungarian SMEs perceive their companies as sustainable. In comparison with Slovak and Polish SMEs, Hungarian perceptions are more positive in the context of sustainability. The country of doing business is the strongest factor in evaluating CSR indicators. The positive perception of CSR in Czech SMEs (43.9%) is lower than in other countries.

Terrestrial LiDAR becomes more and more popular to estimate leaf and plant area density. Voxel-based approaches account for this vegetation heterogeneity and significant work has been done in this recent research field, but no general theoretical analysis is available. Although estimators have been proposed and several causes of biases have been identified, their consistency and efficiency have not been evaluated. Also, confidence intervals are almost never provided. In the present paper, we solve the transmittance equation and use the Maximum Likelihood Estimation (MLE), to derive unbiased estimators and confidence intervals for the attenuation coefficient, which is proportional to leaf area density. The new estimators and confidence intervals are defined at voxel scale, and account for the number of beams crossing the voxel, the inequality of path lengths in voxel, the size of vegetation elements, as well as for the variability of element positions between vegetation samples. They are completed by numerous numerical simulations for the evaluation of estimator consistency and efficiency, as well as the assessment of the coverage probabilities of confidence intervals. • Although commonly used when the beam number is low, the usual estimators are strongly biased and the 95% confidence intervals can be ≈±100% of the estimate. • Our unbiased estimators are consistent in a wider range of validity than the usual ones, especially for the unbiased MLE, which is consistent when the beam number is as low as 5. The unbiased MLE is efficient, meaning it reaches the lowest residual errors that can be expected (for an unbiased estimator). Also the unbiased MLE does not require any bias correction when path lengths are unequal. • When elements are small (or voxel is large), 103 beams entering the voxel leads to some confidence intervals ≈±10%, but when elements are larger (or voxel smaller), it can remain wider than ±50%, even for a large beam number. This is explained by the variability of element positions between vegetation samples. Such a result shows that a significant part of residual error can be explained by random effects. • Confidence intervals are much smaller (±5 to 10%) when LAD estimates are averaged over several small voxels, typically within a horizontal layer or in the crown of individual plants. In this context, our unbiased estimators show a reduction of 50% of the radius of confidence intervals, in comparison to usual estimators. Our study provides some new ready-to-use estimators and confidence intervals for attenuation coefficients, which are consistent and efficient within a fairly large range of parameter values. The consistency is achieved for a low beam number, which is promising for application to airborne LiDAR data. They entail to raise the level of understanding and confidence on LAD estimation. Among other applications, their usage should help determine the most suitable voxel size, for given vegetation types and scanning density, whereas existing guidelines are highly variable among studies, probably because of differences in vegetation, scanning design and estimators.

Structural health monitoring has been studied by a number of researchers as well as various industries to keep up with the increasing demand for preventive maintenance routines. This work presents a novel method for reconstruct prompt, informed strain/stress responses at the hot spots of the structures based on strain measurements at remote locations. The structural responses measured from usage monitoring system at available locations are decomposed into modal responses using empirical mode decomposition. Transformation equations based on finite element modeling are derived to extrapolate the modal responses from the measured locations to critical locations where direct sensor measurements are not available. Then, two numerical examples (a two-span beam and a 19956-degree of freedom simplified airfoil) are used to demonstrate the overall reconstruction method. Finally, the present work investigates the effectiveness and accuracy of the method through a set of experiments conducted on an aluminium alloy cantilever beam commonly used in air vehicle and spacecraft. The experiments collect the vibration strain signals of the beam via optical fiber sensors. Reconstruction results are compared with theoretical solutions and a detailed error analysis is also provided.

Driving factors of smart city construction are exploratively studied by grounded theory method based on text sources from journal papers in SCI and CSSCI databases. Initial scale of driving factors about smart city construction is obtained on the basis of above analyses. This paper modifies measuring items of the initial scale with a small sample pretest and reliability test, then forms final items by exploratory factor analysis. According to the above scale, questionnaires are designed to obtain empirical data, and confirmatory factor analysis is used to verify further validity and reliability of the scale. The results show that driving factors of smart city construction include three main dimensions: problem-oriented factors, business- or technology-driven factors and endogenous development requirements.

The typically qualitative treatment of evidence underlying different causal hypotheses that attempt to explain singular historic events is criticized. Instead of using ad hoc qualitative arguments, it is here advocated to use Bayes theorem to assess how well evidence either support or weaken a specific causal hypothesis. It is argued that such a practice will enable scientists who study singular historic events to discuss, compare and aggregate different beliefs in a meaningful way.

The main goal of this paper is to show that Bayesian optimization could be regarded as a general framework for the data driven modelling and solution of problems arising in water distribution systems. Hydraulic simulation, both scenario based, and Monte Carlo is a key tool in modelling in water distribution systems. The related optimization problems fall in a simulation/optimization framework in which objectives and constraints are often black-box. Bayesian Optimization (BO) is characterized by a surrogate model, usually a Gaussian process, but also a random forest and increasingly neural networks and an acquisition function which drives the search for new evaluation points. These modelling options make BO nonparametric, robust, flexible and sample efficient particularly suitable for simulation/optimization problems. A defining characteristic of BO is its versatility and flexibility, given for instance by different probabilistic models, in particular different kernels, different acquisition functions. These characteristics of the Bayesian optimization approach are exemplified by the two problems: cost/energy optimization in pump scheduling and optimal sensor placement for early detection on contaminant intrusion. Different surrogate models have been used both in explicit and implicit control schemes. Showing that BO can drive the process of learning control rules directly from operational data. BO can also be extended to multi-objective optimization. Two algorithms have been proposed for multi-objective detection problem using two different acquisition functions.

The Energy Performance of Buildings Directive 2010 calls for the Nearly Zero Energy Standard for new buildings from 2021 onwards: Buildings using “almost no energy” are powered by renewable sources or energy produced by the building itself. For residential buildings, this ambitious new standard has already been reached. But for other building types this goal is still far away. The potential of these buildings to meet a Nearly Zero Energy Standard was investigated by analyzing ten case studies representing non-residential buildings with different uses. The analysis shows that the primary characteristics common to critical building types are a dense building context with a very high degree of technical installation (such as hospital, research and laboratory buildings). The large primary energy demand of these types of buildings cannot be compensated by building and property-related energy generation including off-site renewables. If the future Nearly Zero Energy Standard were to be defined with lower requirements because of this, the state related properties of Bavaria suggest that the real potential energy savings available in at least 85% of all new buildings would be insufficiently exploited. Therefore, it would be useful to instead individualize the legal energy verification process for new buildings to distinguish critical building types such as laboratories and hospitals.

In this work, we adapt the fine-tuning algorithm of the Naïve Bayesian (FTNB) classifier to make it more suitable for imbalanced datasets. In particular, we boost misclassified instance probability terms by an amount that is disproportional to the harmonic mean of actual and predicted classes. The intuition is that discriminative attributes when the instance is misclassified would have small probability term pair values in both the actual class due to data scarcity and the predicted class due to weak correlation. Conversely, if both values are relatively high, then the attribute has good data coverage (support) and it should not be a cause for misclassification. Since the harmonic average is dominated by the smaller value and we have an imbalanced dataset, we should enact a large update if both or either term probabilities of actual and predicted classes are small. We used several benchmark datasets (60 different balanced and imbalanced datasets) to determine if the poor performance of the NB classifier is due to the scarcity of data and compared the performance of the proposed algorithm with NB, original FTNB, and other relatively new SOTA Ensemble Imbalanced Classifiers. Our empirical results reveal that the new proposed algorithm significantly outperforms all other classifiers.

The paper deals with the Compound Inverse Rayleigh distribution, shown to constitute a proper model for the characterization of the probability distribution of extreme values of wind-speed, a topic which is gaining growing interest in the field of renewable generation assessment, both in view of wind power production evaluation and the wind-tower mechanical reliability and safety. The first part of the paper illustrates such model starting from its origin as a generalization of the Inverse Rayleigh model - already proven to be a valid model for extreme wind-speeds - by means of a continuous mixture generated by a Gamma distribution on the scale parameter, which gives rise to its name. Moreover, its validity to interpret different field data is illustrated, also by means of numerous numerical examples based upon real wind speed measurements. Then, a novel Bayes approach for the estimation of such extreme wind-speed model is proposed. The method relies upon the assessment of prior information in a practical way, that should be easily available to system engineers. In practice, the method allows to express one’s prior beliefs both in terms of parameters, as customary, and/or in terms of probabilities. The results of a large set of numerical simulations – using typical values of wind-speed parameters - are reported to illustrate the efficiency and the accuracy of the proposed method. The validity of the approach is also verified in terms of its robustness with respect to significant differences compared to the assumed prior information.

Urbanization is considered as a main indicator of regional economic development due to its positive effect on promoting industrial development; however, many regions, especially developing countries, are troubled by its negative effect — the aggravating environmental pollution. Many researchers have indicated that rapid urbanization stimulated the expansion of industrial production scale and increased industrial pollutant emissions. However, this judgement contains a grave deficiency in that urbanization not only expands industrial production scales but can also increase industrial labour productivity and change the industrial structure. To modify this deficiency, we first decompose the influence which urbanization impacts on industrial pollutant emissions into the scale effect, the intensive effect and the structure effect by using the Kaya Identity and the LMDI Method; second, we perform an empirical study of the three effects’ impacts by applying the spatial panel model with data from 282 Chinese cities between 2003 and 2013. Our results indicate that (1) there are significant reverse U-shapes between Chinese urbanization rate and its industrial pollutant emissions; (2) the scale effect and the structure effect have aggravated Chinese industrial waste water discharge, sulphur dioxide emissions and soot (dust) emissions, while the intensive effect has generated a decreasing and ameliorative impact on that aggravated trend. The definite relationship between urbanization and industrial pollutant emissions depends on the combined influence of the scale effect, the intensive effect and the structure effect; (3) there are significant spatial autocorrelations of industrial pollutant emissions between Chinese cities, but the spatial spillover effect from other cities does not aggravate local urban industrial pollutant emissions, we offer an explanation to this contradiction that the vast rural areas surrounding Chinese cities have served as sponge belts and have absorbed the spatial spillover of cities’ industrial pollutant emissions. According to the results, we argue that this type of decomposition of the influence into three effects is necessary and meaningful, it establishes a solid foundation for understanding the relationship between urbanization and industrial pollutant emissions, and effectively helps to meet relative policy making.

Responding to changing value creation processes in the sheet metal working sec-tor, where the complexity and interchangeability of products challenge traditional dif-ferentiation strategies, this empirical analysis explores integrating service-oriented and data-driven business models as new paths to ensure competitiveness, especially for small and medium-sized enterprises (SMEs). This study aims to capture the current state and challenges associated with the implementation of these business models in this sector. The research was conducted through semi-structured interviews with SMEs in the industry. The findings indicate that service-oriented and data-driven business models are not yet widely adopted and that manufacturing companies re-quire support in their implementation. Fields of action were identified for the industry. These are "Creating awareness and understanding", "Recognizing added value", "In-creasing company maturity" and "Understanding the change process". Cooperation between science and industry is essential in tackling these fields of action to ensure the successful integration of such business models in manufacturing companies. This pa-per identifies challenges in the fields of action that companies must address through a structured approach promoting awareness, recognizing value, improving organiza-tional maturity, and understanding the change process to successfully implement ser-vice-oriented and data-driven business models.

This paper presents the methodology to detect and identify the type of fault that occurs in shunt connected static synchronous compensator (STATCOM) transmission line using a combination of Discrete Wavelet Transform (DWT) and Naive Bayes classifier. To study this, the network model is designed using Mat-lab/Simulink. The different faults such as Line to Ground (LG), Line to Line (LL), Double Line to Ground (LLG) and three-phase (LLLG) fault are applied at different zones of system with and without STATCOM considering the effect of varying fault resistance. The three-phase fault current waveforms obtained are decomposed into several levels using daubechies mother wavelet of db4 to extract the features such as standard deviation and Energy values. The extracted features are used to train the classifiers such as Multi-Layer Perceptron Neural Network (MLP), Bayes and Naive Bayes (NB) classifier to classify the type of fault that occurs in the system. The results reveal that the proposed NB classifier outperforms in terms of accuracy rate, misclassification rate, kappa statistics, mean absolute error (MAE), root mean square error (RMSE), relative absolute error (RAE) and root-relative square error (RRSE) than MLP and Bayes classifier.

Reverse-order laws for generalized inverses of matrix products is a classic object of study in the theory of generalized inverses. One of the well-known reverse-order laws for a matrix product AB is (AB)^(i,...,j) = B^(i,...,j)A^(i,...,j), where (·)^i,...,j denotes an {i,...,j}-generalized inverse of matrix. Because {i,...,j}-generalized inverse of a general matrix is not necessarily unique, the relationships between both sides of the reverse-order law can be divided into four situations for consideration. In this article, we first introduce a linear mixed model y = AB β + Aγ + ε, present two least-squares methodologies to estimate the fixed parameter vector in the model, and describe the connections between the two least-squares estimators and the reverse-order laws for generalized inverses of the matrix product AB. We then prepare some valued matrix analysis tools, including a general theory on linear or nonlinear matrix identities, a group of expansion formulas for calculating ranks of block matrices, two groups of explicit formulas for calculating the maximum and minimum ranks of B^(i,...,j)A^(i,...,j), as well as necessary and sufficient conditions for B^(i,...,j)A^(i,...,j) to be invariant with respect to the choice of A^(i,...,j) and B^(i,...,j). We then present a uni ed approach to the 512 set inclusion problems {(AB)^(i,...,j) ⊇ {B^(i,...,j)A^(i,...,j)}for the eight commonly-used types of generalized inverses of A, B, and AB using the block matrix representation method (BMRM), matrix equation method (MEM), and matrix rank method (MRM), where {(·)^(i,...,j)} denotes the collection of all {i,...,j}-generalized inverse of a matrix.

The severity of forest fires derived from remote sensing data for research and management has become increasingly widespread in the last decade, where these data typically quantify the pre- and post-fire spectral change between satellite images on multi-spectral sensors. However, there is an active discussion about which of the main indices (dNBR, RdNBR or RBR) is the most adequate to estimate the severity of the fire, as well about the adjustment model used in the classification of severity levels. This study proposes and evaluates a new technique for mapping severity as an alternative to regression models, based on the use of the maximum likelihood estimation (MLE) automatic learning algorithm, from GeoCBI field data and spectral indices dNBR, RdNBR and RBR applied to Landsat TM, ETM+ Images, for two fires in central Spain. We compare the severity discrimination capability on dNBR, RdNBR and RBR, through a spectral separability index (M) and then evaluated the concordance of these metrics with field data based on GeoCBI measurements. Specifically, we evaluated the correspondence (R²) between each metric and the continuous measurement of fire severity (GeoCBI) and the general precision of the regression and MLE models, for the four categorized levels of severity (Unburned, Low, Moderate, and High). The results show that the RBR has more spectral separability (average between two fires M = 2.00) that the dNBR (M = 1.82) and the RdNBR (M=1.80), additionally the GeoCBI has a better adjustment with the RBR of (R² = 0.73), than the RdNBR (R² = 0.72), and dNBR (R² = 0.71). Finally, the overall classification accuracy achieved with the MLE (Kappa = 0.65) has a better result than regression models (Kappa = 0.58) and higher accuracy of individual classes.

Text classification is one of the most important task in natural language processing, In this research, we carried out several experimental research on three (3) of the most popular Text classification NLP classifier in Convolutional Neural Network (CNN), Multinomial Naive Bayes (MNB), and Support Vector Machine (SVN). In the presence of enough training data, Deep Learning CNN works best in all parameters for evaluation with 77% accuracy, followed by SVM with accuracy of 76%, and multinomial Bayes with least performance of 69% accuracy. CNN has the best performance in the presence of large enough training dataset because of the presence of filter/ kernels which help to indentify patterns in text data regardless of their position in the sentence. We repeated the training again with just one-third of our data, at this point SVM comes with the best performance, the performance of CNN noticeably drops but still better than Multinomial Naive Bayes, the reason why SVM works best when we reduce the training data was because of its ability to look for a hyper-plane that creates a boundary between different classes of data so as to properly classify them, so we believed that getting the hyper-plane was more efficient when we reduce the dataset, hence reason for the good performance. Multinomial Naive Bayes have the least performance which we attributed to its assumption of independency between the features which sometimes does not hold true. We concluded that availability of data should be an important factor when choosing classifier for Natural Language Processing Text Classification task. CNN should be use in the presence of enough dataset, and SVM should be use when data is not enough. Multinomial Naive Bayes must not be trusted with state of the art NLP task due to its assumption of independency between the features.

In this paper, the problem of predicting future failure times based on a jointly type-II censored sample from k exponential populations is considered. The Bayesian prediction intervals and point predictors were then obtained. Generalized Bayes is a Bayesian study based on a learning-rate parameter. This study investigated the effects of the learning rate parameters on the prediction results. The loss functions of squared error, Linex, and general entropy were used as point predictors. Monte Carlo simulations were performed to show the effectiveness of the learning rate parameter in improving the results of prediction intervals and point predictors.

The main objective of this paper is to find a close link between the adaptive level of significance, presented here, and the sample size. We, statisticians, know of the inconsistency, or paradox, in the current classical tests of significance that are based on p-value statistics that is compared to the canonical significance levels (10%, 5% and 1%): "Raise the sample to reject the null hypothesis" is the recommendation of some ill-advised scientists! This paper will show that it is possible to eliminate this problem of significance tests. The Bayesian Lindley's paradox – "increase the sample to accept the hypothesis" – also disappears. Obviously, we present here only the beginning of a possible prominent research. The intention is to extend its use to more complex applications such as survival analysis, reliability tests and other areas. The main tools used here are the Bayes Factor and the extended Neyman-Pearson Lemma.

Nowadays, the transparency of governments with respect to the sustainability of public services is a very interesting issue for stakeholders and academics. It has led to previous research and international organisations (EU, IMF, OECD, United Nations, IFAC, G-20, World Bank) to recommend promotion of the online dissemination of economic, social and environmental information. Based on previous studies about e-government and the influence of administrative cultures on governmental accountability, this paper seeks to identify political actions useful to improve the practices of transparency on economic, social and environmental sustainability in European local governments. We perform a comparative analysis of sustainability information published on the websites of 72 local governments in 10 European countries grouped into main three cultural contexts (Anglo-Saxon, Southern European and Nordic). Using international sustainability reporting guidelines, our results reveal significant differences in local government transparency in each context. The most transparent local governments are the Anglo-Saxon ones, followed by Southern European and Nordic governments. Based on individualized empirical results for each administrative style, our conclusions propose useful policy interventions to enhance sustainability transparency within each cultural tradition, such as development of legal rules on transparency and sustainability, tools to motivate local managers for online diffusion of sustainability information and analysis of information needs of stakeholders.

Predominantly rural areas make up half of Europe and account for about 20 per cent of the population. Yet most of them are among the least privileged regions in the European Union, with a GDP per capita significantly below the European average and with an average population age higher than in urban areas, although this gap will only slowly begin to narrow in the next decade. Together with a lack of connectivity, inadequate infrastructure, lack of diversified job opportunities and limited access to services, this makes rural areas a less attractive place to live and work. At the same time, however, rural areas actively participate in the EU's green and digital transition. Achieving the EU's digital goals for 2030 can offer more opportunities for the sustainable development of rural areas in areas other than agriculture, livestock and forestry, opening up new perspectives for the growth of manufacturing and, even more, service industries, and contributing to a better geographical distribution of services and industries. In this context, the objective of this work is the construction of a synthetic index of the welfare of European nations, through the Wroclaw taxonomic method and through the use of logit models, for the identification of best practices of local realities and the interpretation in a more im-mediated way of the fair and sustainable welfare of each European nation at a rural level

We derive a concentration inequality for the uncertainty in the mean computed by stratified random sampling, and provide an online sampling method based on this inequality. Our concentration inequality is versatile and considers a range of factors including: the data ranges, weights, sizes of the strata, the number of samples taken, the estimated sample variances, and whether strata are sampled with or without replacement. Sequentially choosing samples to minimize this inequality leads to a online method for choosing samples from a stratified population. We evaluate and compare the effectiveness of our method against others for synthetic data sets, and also in approximating the Shapley value of cooperative games. Results show that our method is competitive with the performance of Neyman sampling with perfect variance information, even without having prior information on strata variances. We also provide a multidimensional extension of our inequality and discuss future applications.

In this preprint, we introduce a dataset containing students enrolment applications combined with the related result of their filing procedure. The dataset contains 73 variable. Student candidates, at the time of applying for study, fill a web form for filing the procedure. A committee at Tilburg University review each single application and decide if the student is admissible or not. This dataset is suitable for algorithmic studies and has been used in a comparison between the Naïve Bayes and the C5.0 Decision Tree Algorithms. They have been used for predicting the decision of the committee in admitting candidates at various bachelor programs. Our analysis shows that, in this particular case, a combination of the approaches outperform a both of them in term of precision and recall.

This paper analyzes the causal effect between domestic private investment, public investment, foreign direct investment and economic growth in Tanzania during the 1970-2014 period. The modified neo-classical growth model is used to estimate the ieffect of investment on economic growth. Also, the economic growth models based on Phetsavong and Ichihashi (2012) [1], and Le and Suruga (2005) [2]are used to estimate the crowding out effect of public investment on domestic private investment on one hand and foreign direct investment on the other hand. In the same way, the crowding out effect of foreign direct investment on domestic private investment is estimated. A correlation test is applied to check the correlation among independent variables, and the results show that there is very low correlation suggesting that multicollinearity is not a serious problem. Moreover, the diagnostic tests including RESET regression errors specification test, Breusch-Godfrey serial correlation LM test, Jacque-Bera-normality test and white heteroskedasticity test reveal that the model has no signs of misspecification and that, the residuals are serially uncorrelated, normally distributed and homoskedastic. Broadly, the empirical results show that the domestic private investment and foreign direct investment play an important role in economic growth in Tanzania. Besides, a revealed negative, albeit weak, association between public and private investment suggests that the positive effect of domestic private investment on economic growth becomes smaller when public investment-to-GDP ratio exceeds 8-10 percent. Similarly, foreign direct investment tends to marginally reduce the impact of domestic private investment on growth. These results suggest that public investment and foreign direct investment need to be considered carefully in order to avoid a reduced positive impact of domestic private investment on growth. Domestic saving may be promoted to encourage domestic investment for economic growth.

A modern binary executable is a composition of various networks. Control flow graphs are commonly used to represent an executable program in labeled datasets used for classification tasks. Control flow and term representations are widely adopted, but provide only a partial view of program semantics. This study is an empirical analysis of the networks composing malicious binaries in order to provide a complete representation of the structural properties of a program. This is accomplished by the measurement of structural properties of program networks in a malicious binary executable dataset. We demonstrate the presence of Scale-Free properties of network structure for program data dependency and control flow graphs, and show that data dependency graphs also have Small-World structural properties. We show that program data dependency graphs have a degree correlation that is structurally disassortative, and that control flow graphs have a neutral degree assortativity, indicating the use of random graphs to model the structural properties of program control flow graphs would show increased accuracy. By providing an increase in feature resolution within labeled datasets of executable programs we provide a quantitative basis to interpret the results of classifiers trained on CFG graph features. An increase in feature resolution allows for the structural properties of program classes to be analyzed for patterns as well as their component parts. By capturing a complete picture of program graphs we can enable theoretical solutions for the mapping a program's operational semantics to its structure.

The paradigm of molecular communications is applied to the concrete case for delivering electrically charged nanoparticles to tumor. Once them have been injecetd in blood it is expecetd an optimal outcome as to reduce toxicity and minimal dispersion of drugs in the blood stream. With a fraction of nanoparticles arrives to surface of tumor, the scattered part of injected ones can minimize the success of scheme of drug delivery. In this paper is presented a theory based at the sequence electrodynamics-diffusion-Bayes theorem. The resulting probability of Bayes at the end of sequence, might be telling us that dynamical processes based in the injection of electrically charged nanoparticles might be dictated by stochastic formalism more that biochemical approaches by which makes impossible to know the success or fail of drug delivery dynamics. Illustrations demonstrating the transition of a linear to nonlinear scenario are presented

The aim of this study is to obtain the Bayes estimators and the maximum likelihood estimators (MLEs) for the unknown parameters of the Rayleigh Weibull (RW) distribution based on progres-sive type-II censored samples. The approximate Bayes estimators are calculated using the idea of Lindley and Tierney-Kadane's approximation method under the squared-error loss function when the Bayes estimators are not handed in explicit forms. In this study, the approximate Bayes esti-mates are compared with the maximum likelihood estimates in the aspect of the estimated risks (ERs) using Monte Carlo simulation. In addition, the coverage probabilities of the parametric bootstrap estimates are calculated. Real lifetime data sets belonging to the cancer types as bladder cancer, head and neck cancer, and leukemia are used to illustrate the emprical results belonging to the approximate Bayes estimates, the maximum likelihood estimates, and the parametric bootstrap intervals.

Sustainable continuous cover forestry is defined and analyzed in several ways. The differential equation representing growth of the basal areas of individual trees, motivated by fundamental biological production theory by Lohmander (2017a), is analyzed and extended in different directions. From the solution of the differential equation, the basal area and the tree diameter are obtained as explicit functions of time. The diameter is a strictly increasing function of time. In the absence of competitors, the diameter increment is shown to be a strictly decreasing function of time. Hence, the diameter increment can also be interpreted as a strictly decreasing function of the diameter. Alternative forms of adjustment of the differential equation, with consideration of competition, are defined. If the competition is strong, with large trees in the vicinity of a particular tree, then the basal area increment, and the diameter increment, are reduced. The growth of a large tree is less sensitive than the growth of a small tree, to competition from other trees. Under strong competition, the basal area increment, and the diameter increment, are strictly concave functions of the size of the tree. The unique maximum of the diameter increment occurs at a higher diameter, if the competition increases. In dynamic equilibrium, the tree size frequency distribution is stationary. If natural tree mortality can be avoided via the harvest strategy, the tree size frequency distribution is a function of the size and competition dependent growth function, and the harvest strategy. Empirical tree size frequency data are used to simultaneously estimate parameters of a size and competition dependent growth function and the applied harvest strategy, via nonlinear optimization. The properties of the estimated growth function are consistent with the corresponding properties of the production theoretically motivated hypothetical function, and the properties of the estimated harvest strategy confirm the corresponding hypotheses. The R2 of the nonlinear regression exceeds 0.97. With access to an empirically estimated equilibrium tree size distribution, it is possible to: 1. Estimate size frequency relevant parameters of tree size and competition dependent growth functions for individual trees. 2. Estimate the applied harvest strategy. 3. Explain and reproduce the empirically estimated tree size equilibrium distribution.

The dominant view of cleaning compulsion as a dimension of OCD is that it is motivated by contamination anxiety. However, in daily life, much cleaning is undertaken as part of tidying one’s home. Such cleaning as well as the other tidying chores may equally assume obsessive-compulsive proportions. However, empirical interest in this phenomenon has remained sparse so far. This article aims to increase awareness of this ill-acknowledged symptom cluster among OCD researchers and to invite them to investigate it. After the introduction, clinical evidence for this OCD dimension is dealt with. Next, empirical studies with OCD inventories, which contain items referring to compulsive tidying, are discussed. Two of these made use of an OCD-inventory, devised by the present author. These also provide the data for the main investigation to be discussed in this paper. In that latter study, six OCD-item clusters, among which tidying compulsion, are predicted. These predictions are tested by evaluating and comparing the item-cluster correlations of all six clusters. These also offer a basis to optimize the clusters toward more homogeneous and distinct ones. By comparing predicted with final clusters, the items can be qualified as either hits, false positives, or false negatives. This output provides the details for revising the predictions, but also allows for calculating the values of two global “goodness-of-fit” measures for each predicted cluster. Though the results do not completely endorse the predicted composition of part of the clusters in the second sample, tidying compulsion is doing rather well. To determine the incidence of tidying compulsion based on the cluster scores, decisions had to be made about what constitute a cluster score, how its gravity can be estimated, and what should be the cut-off per cluster to divide the sample into clinical and subclinical cases on each cluster. If these ‒ unavoidably arbitrary ‒ decisions are accepted, both samples show an incidence of tidying compulsion of around 25%. After a brief critical evaluation of all discussed studies, it is concluded that the evidence presented, though modest, is solid enough to warrant further research into tidying compulsion.

In this short note, the described step-by-step derivations of the industrial energy demand function from the production function framework and provided researchers with two specifications. Then we applied these theoretical specifications to the time series data as empirical analysis. We concluded that theories should be considered at the beginning of the empirical analyses but the data also should be allowed to speak freely. Hence, the main suggestion of this short note is that it would be a better strategy to consider the combination of theory-driven and data-driven approaches in the empirical analyses.

Turnovers in the National Football League (NFL) occur whenever a team loses possession of the ball due to a fumble, or an interception. Turnovers disrupt momentum of the offensive team, and represent lost opportunities to advance downfield and score. Teams with a positive differential turnover margin in a given game win $70\%$ of the time. Turnovers are statistically rare events, occurring apparently randomly. These characteristics make them difficult to predict. This investigation advances the hypothesis that turnovers are predictable in NFL football. Machine learning models are developed to learn the concept: At any point within a football game, what is the likelihood that a turnover will be observed on the next play from scrimmage? Results presented suggest evidence to support the working hypothesis. Under certain conditions, both fumbles and interceptions can be anticipated at low false discovery rates (less than $15\%$). This approach may be useful to inform in-game strategies to mitigate the negative consequences of turnovers by an offensive team, or to maximize their probability by a defensive squad.

In this research, the primary goal was to investigate the relationship between strategic planning and organizational performance in Iraq's manufacturing context. The study's primary data sources were 360 manager respondents. The structured questionnaire was used to collect primary data from manufacturing firms located throughout Iraq. To analyze the result, the researcher used descriptive statistics, correlation, and multiple regression analysis. SPSS version 16 software was used to conduct data analysis. The result reveals that the process of strategic planning has a beneficial effect on financial performance. Environmental scanning has a statistically significant positive effect on a company's non-financial performance. Management participation and planning formality positively and statistically significantly affect a business's non-financial performance at the 10 percent level. The domain of strategy and technique has not impacted the company's non-financial performance.

Measuring reference evapotranspiration (ETo) is a difficult and costly process. Several parameters are needed to calculate it from meteorological parameters with the aid of some developed equations. There may be variable microclimates in some regions and these are often quite far from the climate stations. Therefore, for ETo, it is better to prefer local measurements rather than relying on regional values. ETo is of great importance for all water-related sectors. It is the primary factor designating the amount of irrigation water to be applied to the plant rootzone in agricultural activities. The amount of irrigation water to be applied is determined by correcting ETo value with the plant coefficient (kc) and irrigation efficiency. There have been many developments in measurement/calculation of ETo in recent years and it is expected that there will be more in the future. Within the scope of this study, ETo values measured with ETgage equipment were compared with the monthly ETo values calculated with the use of Thornthwaite, Blaney-Criddle, Cropwat (FAO Penman Monteith), Jensen-Haise and ASCE standardized Penman Monteith (ASCE SZ PM) methods. In terms of total ETo value, Thornthwaite (17%) and Jensen-Haise (14%) methods yielded lower values than ETgage readings. On the other hand, Blaney-Criddle (15%), Cropwat FAO PM (10%) and ASCE SZ PM (30%) methods yielded greater values than ETgage readings. Among the calculation methods, in Cropwat software, FAO PM equation yielded the closest value to ETgage readings. It was concluded based on present findings that ETgage equipment could reliably be used in determination of ETo.

Education is the bedrock of any nation. It is essential for individual and societal growth and development. This triggers the demand for quality education which simultaneously increases with a growing demand for quality assurance. This study investigated the role of quality assurance in achieving the expected outcome of education in Bosnia and Herzegovina’s higher education system. Comparative development is looked at by examining other National Qualification Frameworks. The study was based on textual reviews and descriptive analysis on student enrollment and programs of studies. Unlike the global trend, it can be seen that student enrollment is on the decline in Bosnia and Herzegovina. It was found that quality assurance is an indispensable tool for strengthening the higher education system and for achieving the desired change and outcomes, that education offers. It was also found that study programs and curricula are pivotal for teaching and learning processes, and that a unified qualification framework is essential for achieving set objectives of education at all levels. The study recommended, among other things, that sound quality assurance systems as well as appropriate structure for monitoring and accreditation be put in place and be judiciously followed in order to achieve the desired outcomes in conjunction with the set objectives of higher education. Moreover, vital thoroughly analyzed pressures (i.e., democratic, economic, and systemic) barriers show signs of epistemological, political, and institutional barriers in the country.

Bayesian models allow us to investigate children’s belief revision alongside physiological states like “surprise”. Recent work finds that pupil dilation (or the “pupillary surprise response”) following expectancy-violations may be predictive of belief revision. How can probabilistic models inform interpretations of “surprise”? Shannon Information considers the likelihood of an observed event, given prior beliefs – suggesting stronger surprise occurs following unlikely events. In contrast, Kullback-Leibler divergence considers the “dissimilarity” between prior beliefs and updated beliefs following observations – with greater surprise indicating more change between belief states to accommodate information. To assess these accounts under different learning contexts, we use Bayesian models that compare these computational measures of “surprise” to contexts where children are asked to either predict or to evaluate the same evidence during a water displacement task. We find correlations between the computed Kullback-Leibler divergence and children’s pupillometry responses only when children actively make predictions, and no correlation between Shannon Information and pupillometry. This suggests that when children attend to their beliefs and make predictions, pupillary responses may signal the degree of divergence between a child’s current beliefs and updated, more accommodating beliefs.

Globally, large numbers of adults remain unbanked and most of them live in rural areas of the Third World. The recent outbreak of the COVID-19 pandemic has shown us how inequalities in accessing financial services continue to affect us. However, financial inclusion has emerged as an effective tool to tackle socioeconomic ills and drive economic development. In fact, due to these modern technological developments, the number of studies in this area is very limited, especially in the context of developing economies. This study examines the impacts of migrant remittances on digital financial inclusion within households using the Migration and Remittance Household Survey in Bangladesh. To meet the research objectives of this study, a household survey was conducted and interviewed 2,165 households in 2022-2023 in Bangladesh. This study finds that the coefficient of remittance has a positive relationship with the probability of using mobile banking for a household's financial transactions. However, the use of ATM cards by households for financial transactions has not been significantly affected. The article concludes that remittance flows may enhance access to and use of digital financial inclusion by reducing some of the barriers and costs in Bangladesh, which can greatly contribute to the country's economic growth by creating and increasing a strong fund for investment.

With the rapid development of the economy and the transformation of social contradictions, the economic development model in China has also changed, and a high-quality economic development model has been proposed. This paper uses the entropy method to measure the level of innovation and high-quality economic development in nine prefecture-level cities in Fujian Province from 2011 to 2020, and finds that the overall level shows an increasing trend year by year, but there are obvious regional differences. By constructing a grey correlation degree model, it is found that the innovation subsystem and the high-quality economic development are strongly correlated, the development level of innovation and the subsystem of high-quality economic development are both strongly correlated, the grey correlation degree from high to low is green, coordinated, shared, and livelihood, indicating that innovation has a significant impact on high-quality economic development. Based on the research results, countermeasures and suggestions are proposed to promote the coordinated development of innovation and high-quality economy.

The purpose of this study was to investigate trends in undergraduate enrollment, graduation, and employment in Ethiopia. It looked at data from the past 20 years of enrollment and graduation, as well as the 15 years of unemployment trends. For enrollment, we used the ARIMA(0,1,0) model, for graduation, the Holt-Winter model, and unemployment, the Simple model. Results showed that enrollment rates increased dramatically, but graduation rates remained constant. Besides, enrollment is expected to continue rising, while graduation rates are expected to fall. On the other hand, between 1999 and 2018, the overall unemployment trend declined. Yet, between 2009 and 2018 the unemployment trends stayed stable. According to the findings, for the next ten years, higher education enrollment and graduation will continue. Nevertheless, it is shown the diminishing demand for jobs in the labor market. As part of improving the existing realities of higher education, the study suggests reconsidering job-driven policy formulation, strengthening higher education-labor market alignment, controlling higher education expansion, and sustaining the development qualification systems.

Memristors were proposed in the early ’70s of the XXth century by Leon Chua as a new electrical element linking the charge and the flux. Since that first introduction, these devices have positioned themselves to be considered as possibly fundamental for the new generations of electronic devices. It has to be mentioned that actual memristors have only been recognized to exist as physical elements. In this paper, we apply a modeling framework to generate a model describing experimental measurements performed on a ReRAM. We show how to apply the Dynamic Route Map technique in the general case to obtain an approximation to the differential equation that determines the behaviour of the device.

A harmful impact of climate change and global warming has concerned various sectors of the international community. Numerous energy policies aiming at climate change mitigation have been implemented on a national and global scale. Renewable Energy Technologies (RET) play a critical role in enhancing sustainable solutions that significantly limit greenhouse gases (GHG) emissions. Such innovative technologies can facilitate energy transition through providing e.g. energy security, sustainable development, or effective usage of indigenous resources. However, the commercialization of RET becomes extremely challenging. The barriers can be of a different nature, although in this study the focus has been put on socio-economic and regulatory issues. In fact, there is ample evidence that energy policies play a central role in supporting renewables adoption. It is also claimed that RET require the whole ecosystem to support their successful diffusion. In this study, we explore multifarious barriers for a widespread RET diffusion in two European Union countries: Finland and Poland, indicating the most common barriers existing in the literature as well as analyzing major bottlenecks in the viewpoint of renewable energy companies’ executives. We also present statistics of the most commonly used RET in these countries in order to express the diffusion issues more appropriately. The outcomes of this study provide useful insight for the researchers in the energy transition field as well as practical managerial and regulatory implications aimed at overcoming these challenges.

The paper investigated the components of savings accumulation in Nigeria over the period 1980 to 2017. Secondary data were collated from World Development Index (WDI). In evaluating the objectives, the study employed the Auto Regressive Distributive Lag (ARDL) and Vector Error Correction Model (VECM) estimation methods. The key findings of the study show that the components of savings identified in literature understudied in the paper specifically, GDP per capita, foreign direct investment, financial deepening, interest rate, inflation rate exchange rate significantly influence savings accumulation in Nigeria either in short run, long run or both. Financial deepening was found statistically significant but influences savings negatively. Inflation rate was statistically insignificant although negative. The result from the VECM causality test revealed that short run and long run causal relationship exist between savings and the afore mentioned components in Nigeria. Hence, the study recommends careful manipulation of the identified savings components in a manner that they will not yield a counterproductive result in the economy rather contribute to the growth of savings and ultimately, the growth of Nigeria economy as a whole. It further recommends that the Nigerian government through its financial institutions encourage savings from both small and big savers which to large extent will assuage the perceived undeserved influence of financial deepening on savings accumulation.

The ANSYS 2024R1 student edition was used to create a finite element model of a basketball rim and backboard. This finite element model included the use of steel for the rim and its mount, a tempered glass backboard, and an aluminum frame behind the backboard. After a mesh was created, fixed support boundary conditions were applied to the four corners of the aluminum frame. The subsequently calculated mode shapes and frequencies were compared to empirical modal analysis previously done at the United States Military Academy at West Point, New York. Four mode shapes and frequencies agreed rather well between the theoretical finite element analysis and previously published empirical modal analysis, specifically where the rim was vibrating in the vertical direction, which was the direction that the accelerometer was aligned for modal analysis. However, three mode shapes missed by the empirical modal analysis were found where the vibration of the rim was confined to the horizontal plane, which was orthogonal to the orientation of our accelerometer.

It has been observed that most adult citizens, globally, are not enjoying financial services. They are financially excluded, especially rural dwellers. Monetary authorities initiated financial inclusion, with the aim of including all adult population who are excluded from financial services into the financial system at an affordable cost to meet their basic needs. Studies have shown that it encourages household savings and affects growth positively. Central Bank of Nigeria initiated financial inclusion in 2012 and commenced implementation in 2014. Given the short period of its implementation, this study ascertained the effect on economic growth in Nigeria. The study used time series data ranging from 2004 to 2021. The study covered the pre-inclusion period, through its implementation period. Ordinary Least Square technique was adopted for data estimation. Preliminary and post-estimation tests were also conducted. Despite the short period of the implementation of financial inclusion strategy, the OLS result affirmed that it positively affects economic growth. It was concluded that financial inclusion is a growth driver. It was recommended that Central Bank of Nigeria, in collaboration with commercial banks and microfinance banks, continue to enforce inclusion exercise in all rural communities, ensuring that women, youths, farmers, traders in the informal sector, are captured by the financial system. Also, Central Bank Nigeria should set up financial inclusion compliance committee at the Local Government levels, with a State Monitoring unit to ensure compliance.

The objectives of the research are to investigate the characteristics of the board of directors on the financial performance of the enterprise. Using a sample data from 52 construction and real estate enterprises listed on Vietnam stock exchange in the period 2006-2020. Using typical regression methods such as pooled OLS, FEM, REM and assessing the defects of the research model, the FGLS method is selected. At the same time, due to the existence of endogenous phenomena and the nature of interdependence among enterprises in Vietnam, research using the instrumental variables two-step generalized method of moments (IV-GMM) in order to correct for cross-sectional dependence, autocorrelation, endogeneity, and heteroskedasticity in the analysis. Research results suggest that board size, female board members, meeting frequency, and board members' education have a positive influence on financial performance. Moreover, the independence of the Board of Directors increases, the business efficiency decreases. The research also found a positive relationship of tangible fixed assets, and a negative relationship between capital structure choice, firm size and corporate financial performance.

There have been relatively few researches that determine the role of bricolage in mediating the empirical relationship between strategic flexibility and product innovation. However, most of the research has studied strategic flexibility to engage the absorptive capacity and facilitate product innovation. The Bricolage approach emphasizes utilizing existing resources in product innovation and explores the mechanisms behind bricolage. A resource-based approach to product innovation involves combining resources in the development process in a concrete manner. This is a groundbreaking study since it is the first to examine empirically how absorptive capacity affects product innovation through bricolage and the serial mediation of strategic flexibility. As a consequence of presenting our results, we concluded that absorptive capacity positively and significantly influences product innovation through the serial mediation of strategic flexibility and bricolage. For strategic flexibility to play a role in supporting product innovation, bricolage is one of the mechanisms that can be utilized. This study contributes to the literature on strategic flexibility by examining the effect of strategic flexibility on bricolage and product innovation from the standpoint that absorptive capacity enhances the strategic flexibility of high-tech SMEs in China. Furthermore, this research offers new insights into the relationship between absorptive capacity and product innovation. In addition, it also provides insight into the economic opportunities that may result from product innovation in transition economies such as China.

This review describes the subjective experience of visual aura in migraine, outlines theoretical models of this phenomenon, and explores how these may be linked to neurochemical, electrophysiological and psychophysical differences in sensory processing that have been reported in migraine with aura. Reaction-diffusion models have been used to model the hallucinations thought to arise from cortical spreading depolarisation and depression in migraine aura. One aim of this review is to make the underlying principles of these models accessible to a general readership. Cortical spreading depolarisation and depression in these models depends on the balance of the diffusion rate between excitation and inhibition, and the occurrence of a large spike in activity to initiate spontaneous pattern formation. We review experimental evidence, including recordings of brain activity made during the aura and attack phase, self-reported triggers of migraine, and psychophysical studies of visual processing in migraine with aura, and how these might relate to mechanisms of excitability that make some people susceptible to aura. Increased cortical excitability, increased neural noise, and fluctuations in oscillatory activity across the migraine cycle are all factors likely to contribute to the occurrence of migraine aura. There remain many outstanding questions relating to the current limitations of both models and experimental evidence. Nevertheless, reaction-diffusion models, by providing an integrative theoretical framework, support the generation of testable experimental hypotheses to guide future research.

This paper investigates the impact of price and real exchange rate volatility on Foreign Direct Investment (FDI) inflows in a panel of 10 Latin American and Caribbean countries, observed between 1990 and 2012. Both price and exchange rate volatility series are estimated through the Generalized Autoregressive Conditional Heteroscedasticity model (GARCH). Our results, obtained employing the Fixed Effects estimator, confirm the theory of hysteresis and option value, in so far it is found a statistically significant negative effect of exchange rate volatility on FDI. Price volatility, instead, turns out to be positive but insignificant. Moreover, we show that human capital and trade openness are key for attracting foreign capital. From the policy perspective, our analysis suggests the importance of stabilization policies as well as the one of government credibility in promoting trade openness and human capital formation.

: There remains no acquiescence that confirms the extent to which unemployment and entrepreneurship influence each other in developing countries. Thus, an incessant invite for further debate attracted the need to assess the relationship between unemployment and entrepreneurship in terms of business formation in Namibia Given that, this study examines the relationship between unemployment and entrepreneurial activities in Namibia. Time series data were collected from the World Bank database to investigate the relationship between unemployment and entrepreneurship in Namibia. Unit root test was conducted using both the Augmented Dickey-Fuller test and the Phillips-Perron test to measure stationarity of the data and found all the variables to have no unit root after the first difference. Thus, we employed the Johansen-Juselius test of cointegration, and the results revealed the absence of a long-run relationship between the variables. Hence, we performed a vector autoregressive (VAR) model to estimate the short-run relationships and found that Namibia exhibit both the refugee and Schumpeter effects. Finally, the direction of causality between the variables was measured using the Pairwise Granger causality test and the results revealed that none of the variables was proven to granger cause the other, concluding that they are all independent of each other. Therefore, in pursuit of unemployment mitigation, we recommend policymakers to focus on other aspects beyond entrepreneurship when devising policies without jeopardizing the ease of business start-up procedures. This will incentivize entrepreneurial activities, which can eventually address other macroeconomic issues beyond unemployment.

Quantum mechanics, despite its remarkable empirical success, has been subject to longstanding interpretational challenges. This work introduces the Prescribed Observation Problem (POP) framework, which derives the complete formulation of quantum theory from the empirical basis of measurement outcomes, treated as an optimization constraint. Rather than postulating quantum principles axiomatically, the POP framework formulates quantum mechanics as the solution to an entropy maximization problem subject to this constraint, resulting in quantum theory's axioms emerging as theorems – the optimal, least biased probability measure consistent with the given measurement data. Notably, the POP framework is sufficiently powerful to reduce the foundation of quantum mechanics to a single axiom. Conventionally, interpretations of quantum mechanics need only align with the theory's postulated axioms, allowing for a plurality of viable interpretations that cannot definitively rule each other out. In contrast, the POP framework derives the axioms as theorems directly from empirical first principles, grounding them in observational constraints from the outset. This substantially restricts the allowable theoretical landscape, imposing stringent requirements for the viability of interpretations and invalidating all those that contradict this genesis. By engendering quantum theory from a formal empirical footing, the POP framework offers a compelling resolution to the enduring interpretational puzzles that have long plagued the field, effectively eliminating all but one interpretation consistent with both the axioms and their empirical genesis.

In the realm of digital libraries, efficiently managing and accessing scientific publications necessitates automated bibliographic reference segmentation. This study addresses the challenge of accurately segmenting bibliographic references, a task complicated by the varied formats and styles of references. Focusing on the empirical evaluation of Conditional Random Fields (CRF), Bidirectional Long Short-Term Memory with CRF (BiLSTM+CRF), and Transformer Encoder with CRF (Transformer+CRF) architectures, this research employs Byte Pair Encoding and Character Embeddings for vector representation. The models underwent training on the extensive Giant corpus and subsequent evaluation on the Cora Corpus to ensure a balanced and rigorous comparison, maintaining uniformity across embedding layers, normalization techniques, and Dropout strategies. Results indicate that the BiLSTM+CRF architecture outperforms its counterparts by adeptly handling the syntactic structures prevalent in bibliographic data, achieving an F1-Score of 0.96. This outcome highlights the necessity of aligning model architecture with the specific syntactic demands of bibliographic reference segmentation tasks. Consequently, the study establishes the BiLSTM+CRF model as a superior approach within the current state-of-the-art, offering a robust solution for the challenges faced in digital library management and scholarly communication.

This study aims to determine the present and future scopes of the digital economy in Bangladesh to build a developed and prosperous country by 2041. Simultaneously, it analyses the components of the Digital Economy from numerous perspectives from contributing to Bangladeshi economy with an adaptation of the 4th Industrial Revolution and emerging technologies. In the methodology section, qualitative approach is conducted to determine the research objectives where secondary data is used. Around 100 papers are collected and 51 articles are used for conducting this study. The findings of the study are to present the current state of the digital economy which is developing trends that contribute to national GDP for the adaptation of the 4IR for the transformation of smart Bangladesh. From the conceptual implication, companies and individuals are aware of the digital economy, which would lessen digital divide and create a strong link between technology and the economy. Furthermore, establishing customer confidence and trust would be a big issue for Bangladesh's digital platform economy in the future days. From a practical standpoint, IT industries and commercial organizations would have to deal with emerging 4IR and its technologies. The job market would also be expanded in a variety of areas, which would ultimately benefit the national economy. According to the study's conclusions, the digital economy is predicted to expand its commercial and corporate opportunities. Future research might be extended based on qualitative approach towards a digital Bangladesh and create a better developing economy.

This study reports an empirical analysis of an all-electric, Net Zero Energy Housing (NZEH) development located in a mixed-humid climate zone (4A, Virginia, USA). Circuit-level energy monitors were used to measure energy consumption and energy production data (solar photovoltaic) at 1-hr intervals in six identical apartments over 24 months. The study employs a multi-step case study methodology to a) empirically evaluate energy consumption and production data, b) identify the temporal variability of energy consumption and production data at different time scales, c) understand the impact(s) of weather and human-building interaction on energy consumption and production, and d) synthesize the study’s “lessons learned” toward data-driven recommendations for future NZEH researchers and practitioners. The study found that the development’s net zero energy goal was achieved in three of six case units and that NZEH housing performance was more influenced by human-building interaction than weather variability. The analysis also found the solar photovoltaic (PV) performance to be reliable across the sampled units over the periods of measurement, suggesting that solar PV could be oversized as an approach to overcome verifiability in HBI and achieve NZEH performance goals.

Individual users' payment behaviors have changed. The diffusion of mobile devices makes people suitable for proximity mobile payment (PMP) services without the need for traditional payment. Existing mobile payment literature mainly focuses on users' adoption and continuous usage behavior, nevertheless, switching behavior on payment received little attention, especially focusing on why users switch from traditional payment to PMP. Thus, the objective of the current research is to investigate factors influencing users’ traditional payment - PMP switching to comprehend how these factors shape users’ switching intentions. We developed a traditional payment - PMP transition model based on the push-pull-mooring framework derived from migration theory. This research adopted a structural equation modeling analysis on 311 valid data. The findings indicate that a push factor drives users away from traditional payment in terms of dissatisfaction. The pull factors, including perceived substitutability and perceived usefulness, attract users to PMP. Furthermore, in terms of perceived technical compatibility, a positive mooring factor facilitates users' switching to PMP. The negative mooring factor, in terms of perceived risk, hinder users' switching intention. However, another pull factor - perceived ease of use, failed to influence switching intention significantly. This study found some distinctions between mobile payment switching and mobile payment adoption. These findings provide pivotal insights for mobile payment service providers.

The internet can broadly be divided into three parts: surface, deep and dark among which the latter offers anonymity to its users and hosts [1]. Deep Web refers to an encrypted network that is not detected on search engine like Google etc. Users must use Tor to visit sites on the dark web [2]. Ninety six percent of the web is considered as deep web because it is hidden. It is like an iceberg, in that, people can just see a small portion above the surface, while the largest part is hidden under the sea [3, 4, and 5]. Basic methods of graph theory and data mining, that deals with social networks analysis can be comprehensively used to understand and learn Deep Web and detect cyber threats [6]. Since the internet is rapidly evolving and it is nearly impossible to censor the deep web, there is a need to develop standard mechanism and tools to monitor it. In this proposed study, our focus will be to develop standard research mechanism to understand the Deep Web which will support the researchers, academicians and law enforcement agencies to strengthen the social stability and ensure peace locally & globally.

We find that the overnight returns of Korean exchange-traded index funds (ETFs) are significantly positive, whereas the subsequent intraday returns are negative. These intraday return reversals are caused by relatively higher opening prices than the closing prices. In the Korean ETF market, where institutional investors are dominant participants, the return reversals are not explained by the attention hypothesis as in Berkman et al. [1]. Hence, we investigate whether the disagreement hypothesis can explain return reversals. Under the disagreement situations between positive and negative traders at the open, positive traders can have a positive influence on the ETF prices by increasing their investments. However, negative traders, who give up investments due to limited short selling opportunities in the ETF market, have no effects on the prices. Comparing ETF markets with KOSPI 200 Futures where there are no restrictions on short selling, we find that short selling constraints are significant factors for the return reversals. This implies that disagreement among the investors can cause return reversals even in the markets without noise traders. Using unique Korean market data, we conclude that return reversals cannot be completely explained by the attention hypothesis, and that disagreement among investors is also a significant factor for the return reversals. This study contributes to the existing literature by showing that the attention hypothesis does not explain return reversals in the ETF market completely, and suggesting the disagreement hypothesis as an alternative.

Reuse of patterns is a self-evident approach for managing interoperability concerns. Although patterns for resolving interoperability barriers exist in the literature, no study exists on adoption of interoperability patterns by Geographic Information Systems (GIS) practitioners in industry. Thus there is limited understanding of pattern re-usability, yet the advantages offered by interoperability patterns provide a reasonably sound justification for their usage. This paper examines the adoption of proven interoperability best practices in the GIS industry. An empirical study that involved the use of semi-structured interviews was employed to gather data from GIS developers on domain interoperability best practices. Results indicated that industry and communities of practice have been converging on the technical level to ensure interoperability of GIS concerns. Semantic interoperability and related patterns are least understood, yet semantic barriers still exist. This is partly due to the complexity associated with the top-down approach used to develop semantic interoperability solutions. Therefore, this study proposes research into resolving barriers in the adoption of interoperability patterns that reduce complexity while solving semantic interoperability barriers.

Analysis of non-stationary and nonlinear sound signals obtained from dynamical processes is one of the greatest challenges in signal processing. Turning machine operation is a highly dynamic process persuaded by many events such as dynamical responses, chip formations and operational conditions of machining. Traditional and widely used fast Fourier transformation and spectrogram is not suitable for processing sound signals acquired from dynamical systems as its result have significant deficiencies because of stationary assumptions and having priori basis. The relatively new technique, Discrete Wavelet Transform, which uses Wavelet decomposition and the recently developed technique, Hilbert Huang Transform (HHT) which uses Empirical Mode Decomposition have notably better properties in the analysis of nonlinear and non-stationary sound signals. This paper presents a comparative study on the decomposition of multicomponent sound signals using Empirical Mode Decomposition and Wavelet Decomposition to highlight the suitability found in HHT to analyze tool-emitted sound signals received from turning processes. Apart from the short mathematical and theoretical foundations of the transformations, this paper demonstrates their decomposition strength using an experimental case study of tool flank wear monitoring in turning. It also concludes HHT is more suitable than DWT to analyze tool-emitted sound signals received from turning processes.

The present paper examines the impact of herding behavior on market capitalization in the Egyptian stock market before and after the disclosure of environmental-social-governance scores (ESG Score Index). This line of thought and research contributes to the literature on the interrelationships between ESG factors and market dynamics. Consequently, the evolving landscape of how to sustain investments in emerging markets like Egypt can be enlightened. Two main hypotheses were tested in the paper. The first hypothesis is on the expected significant impact of herding behaviour on market capitalization. The second hypothesis is on the expected positive impact of ESG on the relationship between herding behaviour and market capitalization. Panel data analysis using data extracted from financial statements of 22 Egyptian EGX 30 companies, over the period 2018-2023 will be used. This is to control for the cross-section and time characteristics of the research sample. The empirical findings reveal a positive significant effect of herding behavior on market capitalization before disclosing ESG scores. Another finding is that after the implementation of mandatory ESG disclosure, the relationship between herding behavior and market capitalization is strengthened. Moreover, it is empirically evident that companies with higher ESG performance attract more investments and higher valuations. The importance of ESG in shaping investment decision-making, enhancing transparency, and market dynamics has important policy implications.

The research fills the policy research gap for the women entrepreneurship and sustainability performance for examining key successful factors. Previous women entrepreneurship research fails to offer policy recommendations. The research purpose is to investigate these factors affect women entrepreneurship capabilities and sustainability performance by using SEM analysis and making policy recommendation. This research employs online and mail survey and obtains 175 women entrepreneur sample. The study finds that family support and motivation have positive effect on women entrepreneurship capabilities and sustainability performance. Barriers have no effect on performance. Hopefully, the research can provide the guidance to contribute to women’s entrepreneurship opportunities for achieving SDGs. Policy recommendation and managerial implication are discussed in the article.

Education for Sustainable Development (ESD) is considered vital to the success of the United Nations’ Sustainable Development Goals. Systems Thinking has been identified as a core competency necessary to incorporate into ESD. Systems Thinking orientated ESD learning tools, established methods of assessment of sustainability skills, and studies to demonstrate effectiveness of such learning tools, are all lacking. There is a wealth of experience in the System Dynamics field regarding the application of Systems Thinking and simulation to environmental problems, sustainability and systems education. Many System Dynamicists regard simulation as essential for teaching Systems Thinking. The substantial body of research into the design of effective simulation-based learning environments (SBLEs) can also inform ESD initiatives. This research describes a randomised controlled trial (n=106) to investigate whether an online sustainability learning tool that incorporates Systems Thinking and System Dynamics simulation increases understanding of a specific problem and supports transfer of knowledge to a second problem with a similar systemic structure. The effects of Systems Thinking and simulation were tested separately and in combination. The learning tool was designed for a single online learning session. Simulation was found to increase ESD learning outcomes significantly, and also to support transfer of skills, although less significantly.

Longitudinal dispersion coefficient (LDC) plays an essential role in modeling the transport of pollution and sediment in the natural rivers. As a result of transportation processes, the concentration of pollution changes along the river. Different studies have been conducted to provide simple equations for estimating LDC. In this study, Support Vector Regression (SVR), Gaussian Process Regression (GPR), M5P and Random Forest (RF) examined to predict the LDC in the natural streams. The hydraulic and geometric features of different rivers gathered for developing the mentioned models for LDC estimation and various statistical criteria were utilized to scrutinize of the models. Furthermore, the Taylor chart was used to evaluate the models and achieved results showed that among machine learning models, M5P displayed the superior performance with CC of 0.823, SI of 0.812, NS of 0.577 and WI of 0.879. As well, S-D model with CC of 0.795 SI of 0.827, NS of 0.558 and WI of 0.890 had more precise results than other empirical models. The results indicates that the developed M5P model with simple formulations was superior to other machine learning models and empirical models and therefore, it can be used as a proper tool for estimating LDC in natural rivers.

This work is concerned with studying the change of some Optical and Electrical Properties of Ba_xFe_(1-x)TiO₄ thin films due to the change of the nano crystal size. Simple theoretical explanation based on the string theory was developed. The empirical results obtained indicated that the absorption coefficient, electrical conductivity, and the magnetic permeability increase upon decreasing the nano crystal size. However, the transmission coefficient, and the refractive index increase upon increasing the nano crystal size. All these changes are explained using a simple string model with the aid of Newton's laws. The capability of the string theory to explain this nano quantum behavior comes from the fact that the string theory recognize both the particle and the wave nature of the nano system. This is similar of course to the quantum approach which is based mainly on the dual wave particle nature of atomic systems and entities.

Marine industries are dependent on the ocean and often have a direct impact on the marine environment. Although previous studies have talked about pollution from marine industries, it is not known to what extent and to what extent these behaviors affect the ocean. Therefore, this study examines the impacts of major marine industries on the marine environment, using China as an example. The Ministry of Ecology and Environment of the People's Republic of China categorizes the quality of seawater into Class I, Class II, Class III, Class IV, and Inferior Class IV in descending order according to the quality from good to poor. In this study, water quality of Class I and Class II are defined as good quality seawater, Class III as average quality, Class IV and Class IV as poor quality, and the proportion of the area of seawater with different water quality to the total area of the sea area symbolizes the overall quality of the marine environment. We use panel data from 11 provinces and cities along the coast of mainland China from 2006 to 2020, estimated by the full feasible generalized least squares (FGLS) method, to study the impacts of the development of coastal tourism, marine transportation, marine shipbuilding, marine salt, mariculture, and marine fishing on the marine environment. The empirical results show that, in descending order of the degree of influence, the marine industries that cause a decrease in the area of good quality seawater are coastal tourism, mariculture and shipbuilding, and the marine industries that cause an increase in the area of poor quality seawater are marine transportation and shipbuilding, while the marine salt industry has no obvious influence on the marine environment, and the development of the marine fishing industry indirectly contributes to the improvement of the marine environment.

Agarwood, a highly valuable fragrant wood of Aquilaria spp. has been widely used in perfumes, traditional medicine, religious rites and cultural activities. Due to the presence of aromatic and medicinal properties, the Agarwood has gained its economic importance in recent years. It has been providing livelihood and employment facilities to many people who are cultivating those. Owing to high demand and profitability, the people of Assam has started to cultivate Agarwood in a commercial manner in recent days. This study was conducted to examine the economic viability of Agarwood cultivation in Assam and to understand the problems of the cultivators to consider Agarwood cultivation as the primary source of income. The primary data were collected during the months of May and June, 2022 from 210 households using structured questionnaire. The cost-benefit analysis revealed that INR 100 of initial investment yields a net benefit of INR 623 which indicates that the return from the Agarwood cultivation among the cultivators are very high. Thus, the present study argues that the government should encourage the cultivators by providing the necessary support in the form of a legalized market, credit requirement, creating the awareness about the demand of Agarwood and making provision of training.

The purpose of this study is to elucidate the factors influencing the voluntary adoption of IFRS by examining, analyzing, and synthesizing findings from empirical studies conducted worldwide. The research scrutinizes 185 relevant studies on the voluntary adoption of IFRS published before August 2023. Our assessment reveals that, in prior research, the factors influencing the voluntary adoption of IFRS are categorized into seven main factors, including corporate operations, capital structure, ownership structure, internationalization, financial performance, corporate governance, and several other factors. These studies employ various methodologies, including data surveys, and cross-sectional data, to estimate the relationships between these factors and the voluntary adoption of IFRS. In addition to providing an evaluation of the research in this field, this study can serve as a framework for future researchers to link and compare the results of different studies. We anticipate that this research will be beneficial for future scholars interested in the factors influencing the voluntary adoption of IFRS. Furthermore, the study proposes essential guidance for future research considerations.

Arrhythmia is a cardiac condition characterized by an irregular heart rhythm that hinders the proper circulation of blood, posing a severe risk to individuals’ lives. Globally, arrhythmias are recognized as a significant health concern, accounting for nearly 12 percent of all deaths. As a result, there has been a growing focus on utilizing artificial intelligence for the detection and classification of abnormal heartbeats. In recent years, self-operated heartbeat detection research has gained popularity due to its cost-effectiveness and potential for expediting therapy for individuals at risk of arrhythmias. However, building an efficient automatic heartbeat monitoring approach for arrhythmia identification and classification comes with several significant challenges. These challenges include addressing issues related to data quality, determining the range for heart rate segmentation, managing data imbalance difficulties, handling intra- and inter-patient variations, distinguishing supraventricular irregular heartbeats from regular heartbeats, and ensuring model interpretability. In this study, we propose the Reseek-Arrhythmia model, which leverages deep learning techniques to automatically detect and classify heart arrhythmia diseases. The model combines different convolutional blocks and identity blocks, along with essential components such as convolution layers, batch normalization layers, and activation layers. To train and evaluate the model, we utilized the MIT-BIH and PTB datasets. Remarkably, the proposed model achieves outstanding performance with an accuracy of 99.35% and 93.50% and an acceptable loss of 0.688 and 0.2564, respectively.

The environmental impact and associated health issues have been seen as a significant global challenge. Efforts have been made to make solar cookers efficient to reduce the health risk and environmental impact of traditional cooking energy supplies used in rural areas. The solar cookers effectiveness for cooking purposes must be assessed in a specific area before installation. In essence, this paper assesses the experimental efficiency of German Scheffler, small mirror pieces, and aluminum foil based solar cookers. The solar cookers performances are evaluated at international standards by analyzing the figure of merits such as standard cooking power, sensible heating time, and exergy efficiency by using 1.7652 kg water and 1-liter oil as a heating material. The regression analysis is also performed to observe experimental data compliance with regression line. The time required to attain a water temperature of 95˚C by German Scheffler and small mirror pieces is 25 min and 1 hour with their exergy efficiency of 48.51% and 19.16% respectively, while the aluminum foil solar cooker achieves maximum water temperature of 74˚C within 2 hours and 5 minutes with 13.47% exergy efficiency. Similarly, the highest oil temperature of 275˚C is observed for the German Scheffler solar cooker. From experimental and regression results, it is revealed that German Scheffler possesses more cooking power relative to other solar cookers and their performances are highly dependent on following factors such as solar radiations, ambient temperature, environment (dust particles concentration and wind speed), radiation reflective material, aperture area, and heat losses respectively.

Since financial institutions faced to fatal scenario like subprime mortgage crisis and COVID-19, the factor-based asset allocation methodology is noticed. Asset-only approach which make to consider restrictive risk volatility as individual assets had limitation of macro factor risk. For instance, an institution which allocated assets by asset-only approach cannot deal with the inflation crisis. We review the problem of the traditional modern portfolio approach that is used by Korean financial institutions. For reasonable investment of institution, we notice improved factor-based allocation approach. The first result of this paper is that Mean-variance approach as considered only return of asset recorded lower performance than multi factor-based portfolio in macro factor crisis. Second, we notice allocation model which can minimize probability passing the liability risk exposed macro factors to investment risk exposed macro factors. There are three steps in multi-macro factor-based asset allocation approach: discovering macro factors and mapping asset classes to individual macro factor. Second, define liability account and mapping as considering income and pay out of institution. Third, minimize correlation of fac-tor-based asset risk with liability volatility. Furthermore, using covariance return of assets to allocate makes Pareto improvement and supports to break Home-bias problems.

An empirical model for log yield from trees is established and applied in microeconomics of carbon storage in a boreal spruce estate. The transition from pulpwood to sawlogs is a smoother function of stem diameter in the empirical data, in comparison to literature values. Correspondingly, the value transition of trees along with increasing size is gentler. Due to price premium of sawlogs from clearcuttings, all economically feasible treatment schedules terminate in clearcutting. Best capital return rates are gained with two heavy thinnings from above before clearcutting. Present carbon emission prices allow moderate carbon storage increment if the increment is compensated by proportional carbon rent. Doubling the present carbon prices would allow strong carbon storage increments if compensated by carbon rent. Application of nonproportional carbon rent is proposed.

Comprising the largest population cohort on this planet, Gen Z presents a future-oriented consumer segment driven by climate change and food. This study sought to investigate Gen Zs’ perceptions to-ward plant-based foods and diets, and explore the relationship between attitude components, meal preparation involvement, personal and lifestyle factors, and perceived barriers in adopting a plant-based diet with willingness to adopt green-eating practices. Using cross-sectional data from uni-versity students in Greece, India and UK, various tools were employed to determine the factors influ-encing youths’ consumer behavior toward animal-protein substitutes. PCA indicated the underlying dimensions of students’ viewpoints on plant-based foods, whereas hierarchical and k-means clustering provided the cluster structure. An ordered probit model was estimated to delineate Gen Zs’ willingness to adopt plant-based diets and distinguish among mostly unwilling, somewhat willing and mostly willing youths. Our findings identified two consumer segments, namely proponents and opponents toward plant-based foods and diets, with statistically significant differences in the perceived health benefits of plant-based diets, attachment to animal-based proteins, perceived exclusion of ani-mal-based foods, dissatisfaction with plant-based foods attributes and demand for ensuring adequate protein intake. The ordered probit model estimates showed that there is a rather «homogeneity» in the factors influencing youths’ intention to adopt plant-based diets, with attitude components, meal prep-aration indicators, perceived barriers to eating “green” and personal factors, viz. self-assessed knowledge on healthy eating and physical activity, being strongly associated with students’ willingness to switch to plant-based diets in all three countries. Mapping potential obstacles and enablers in terms of shifting to more green-eating behaviors, our findings could add information to better understand the factors affecting food choice and youths’ transition to a more sustainable lifestyle.

The present study finds the association of board characteristics (such as gender diversity, independence, female chairperson or/and female CEO, and board size) and the quality of Corporate Social Responsibility (CSR) disclosure of the top 100 Pakistan Stock Exchange (PSX) listed companies. Unlike most earlier studies in similar contexts, we have focused on CSR disclosure ‘quality’ and not ‘quantity’. We conducted the content analysis of secondary Corporate Governance (CG) and CSR data extracted from the annual reports of PSX-listed companies across ten industrial sectors from period of 2017 and 2018. Our empirical investigation through univariate and multiple regression analysis with Ordinary least squares (OLS) techniques revealed that all the board characteristics potentially have a significant association in lessening CSR disclosure quality. We acknowledge several research limitations, including the study time period and selected board characteristics. While our study has provided some understanding of the association of board characteristics with CSR disclosure quality of PSX-listed companies, several research gaps still need to be addressed. Future investigators should examine this association through the pre-COVID-19 and post-COVID-19 connections and the inclusion of a systems theory perspective.

The study examines the relationship between corporate social responsibility (CSR) and the corporate life cycle (CLC) of the Chinese pharmaceutical listed companies for the duration of 2010 to 2018. The firm cash flow pattern is used as a proxy for the CLC. The study results indicate that the relationship between CSR and CLC is positive and linear in all the phases of the CLC including, the introduction, growth and maturity stage. Although the relationship is smaller and more significant at the maturity phase. The research further shows that investors incorporating social responsibilities values play a key role in the firm cash flow performance (CFP) across all the firm stages. Whilst, employees espousing social responsibility tenets can only improve CFP in the decline or shakeout stages. Likewise, embedding CSR into the customers group only improves CFP at the maturity stage. Applying the lag effects lead to the same study results. The finding for the bi-directional causality indicates that although CSR can positively influence CFP, CFP is ultimately more associated with the firm unobservable characteristics rather than performance attributed to CSR. On the whole, our study results point to positive causality between CSR and CFP across all the firm life stages and the CSR has a mediating effect on each life cycle.

The purpose of this study is to examine the connection between economic growth and unemployment in Liberia between 2001 and 2019. The unit root test and the Augmented Dickey-Fuller (ADF) Co-integration test were used to examine the relationship between unemployment and GDP. The Auto Regressive Distribution Lag (ARDL) bounds test is used to determine if the variables are linked in the long run. According to the results of the ARDL model, there is no long-run relationship between unemployment and economic growth. This study' results have particularly important policy implications for Liberian economic authorities. In both the long and medium term, the observational results showed no meaningful relationship between unemployment and economic growth. The Liberian government should direct its spending toward activities that directly and indirectly promote the creation of employment and decent jobs, a conducive environment and flexible labor market policies or legislation that are not impediments to job creation, and finally, the government should prioritize labor intensive industries.

The evolution of metals micro/nano-structure upon severe plastic deformation (SPD) is still far to be theoretically explained, while experimental datasets are persistently growing for several decades. Major problem associated with understanding of SPD is related to a fact that the latter is a synergetic product of several competing physical effects which alter the material micro/nano-structure. In attempt to find deformational boundaries, where predominantly one mechanism determines the micro/nano-structure, in this paper we propose a continuous piecewise model for the analysis of experiments on material hardness vs strain of SPD processed materials. The novelty of this approach lies in its ability to find, as free-fitting parameters, the strain breakpoints which separate different micro/nano-structure modes generated upon SPD process. The model is applied to analyse experimental data for polycrystalline samples of pure iron and two distinctive strain breakpoints are revealed with good accuracies. This finding is in a good agreement with our earlier results on TEM microscopy studies on pure iron polycrystals after SPD treatment.

This paper proposes a new non-radial biennial Luenberger energy and environmental performance index (EEPI) to measure the EEP change in various Chinese cities. The sources of EEP change, in terms of technical efficiency change and technological change, are examined by Luenberger EEPI. The contributions from specific undesirable outputs and energy inputs to the EEP change are identified by means of the non-radial efficiency measure. The proposed approach is applied to evaluate the EEP of the industrial sector in 283 cities in China over 2010-2014. Factors influencing the emission abatement potential are investigated by employing geographically weighted regression (GWR) model. We find that 1) changes in EEP can be attributed to technological progress but that technological progress slows down across the study period; 2) the soot emission performance experiences a downtrend among four specific sub-performances in line with the truth that severe haze happened frequently in China; 3) the best performers begin to move from the coastal to inland cities with the less resource consumption and higher ecological equality; 4) cities with the strongest positive effect in regards to pollution intensity on emission abatement potential are located in the areas around the Bohai Gulf, where air pollution is particularly severe.

Widespread poverty is the most serious threat and social problem that Bangladesh faces. Regional vulnerability to climate change threatens to escalate the magnitude of this poverty. It is essential that projections of poverty be made while bearing in mind the effects of climate change. The main purpose of this paper is to investigate the agrarian sub-national regional analysis of climate change vulnerability in Bangladesh under various climate change scenarios and its potential impact on poverty. This study is relevant to socio-economic research on climate change vulnerability and agriculture risk management and has the potential to contribute new insights to the complex interactions in household income and climate change risks to agricultural communities in Bangladesh and South Asia. The current study uses analysis of variance, cluster analysis, decomposition of variance and log-normal distribution to estimate the parameters of income variability that ascertain vulnerability levels and help us to understand the poverty levels that climate change could potentially incur. It is found that the income share in income sources revealed that income category shares across the various regions of Bangladesh are far from uniform. The variance decomposition of income showed that agricultural income in Mymensingh and Rangpur is the main cause of income difference. Moreover, large variance of agricultural income in the regions is induced by gross income from rice production. Additionally, constant reduction of rice yield due to climate change in Bangladesh is not such a severe problem for farmers, however, the extreme events like flood, flash flood, drought, sea level rise, and greenhouse gas emission based on RCPs could increase the poverty rates in Mymensingh, Rajshahi, Barisal, and Khulna regions that would be highly affected by unexpected yield loss due to extreme climatic events. Therefore, research and development of adaptation measures to climate change for regions where farmers are largely dependent on agricultural income is important.

Under the double pressure of climate change and human activities, the restrictions of conservation policies and the increasing area of overlap between wildlife conservation areas and community living areas have led to increase conflicts and contradictions between nature reserves and neighboring communities. Effective management of such conflicts is particularly important in order to achieve reconciliation of conservation and development. In this study, we take the Mikumi-Selous region in Tanzania, Africa as an example, and through questionnaire surveys and semi-structured interviews, we sort out the current situation of conflicts between nature reserves and communities in the region, as well as summarize the means of conflict governance. In addition, we focus on identifying the various factors affecting community residents' protection willingness and protection action, and further verify the relationships among residents' family characteristics, protection costs and revenue, protection cognition, willingness and action through empirical analysis methods. The results show that residents' protection cognition has a significant positive effect on their willingness to protect and their actions, meanwhile willingness to protect also positively affects residents' protection action. In addition, it was found that the protection cost inhibits residents' willingness and action. Our study focuses on the willingness to participate and action of core stakeholders towards conflict governance from the perspective of community governance, emphasizing the key role of community participation in achieving coordinated development of biodiversity conservation and community. It provides a new perspective for mitigating conservation and development issues.

Previous studies have suggested that digitization of finance leads to growth in the economy in several middle- and high-income countries, but research in low- and lower-middle-income countries (LLMICs) remains limited. This research aimed to examine the trends, barriers, relationships, and prospects of finance digitization in LLMICs. This study used analytical and descriptive cross-sectional study designs. Sixty-six countries were purposively selected based on the available data on the Global Findex and the World Development Indicators databases. Descriptive analysis was used to identify the trends in the finance digitization indicators, correlation analysis was used to assess the nature of the association between finance digitization and the economy, and exponential smoothing was used to predict future outcomes in digital finance. The results indicated that the adoption and utilization of finance digitization increased in these countries, but the growth rates varied by region and income group. Low-income countries reported the highest rates of subscriptions to digital finance accounts and storing money in digital accounts, while lower-middle-income countries (LMICs) reported higher rates of inbound/outbound digital transactions, borrowings, and savings using digital channels. Sub-Saharan Africa reported the highest rates of digital finance account subscriptions, digital savings, and digital borrowings, while Europe and Central Asia reported the highest rates of in/out digital transactions. Barriers to digitization in these countries included poor access to the internet, high cost of digital finance products, and lack of a mobile phone, with low-income countries facing more challenges. The analysis revealed a negative significant relationship between finance digitization and Gross National Income growth and a positive significant correlation between finance digitization and other economic growth indicators (gross savings and Gross Domestic Product). Finance digitization was predicted to continue to rise in these countries for the next decade. The study recommended that policymakers should promote the adoption of digital finance and address the barriers and risks of finance digitization in LLMICs, as it had positive effects on economic growth.

Sustainability experienced significant global momentum in recent decades. The emergence of the sustainability movement in the Financial Sector was prompted by the increasing global climate change resulting from environmental deterioration. Primarily associated with the Financial Sector, it has increasingly been recognised that Financial Institutions are significant contributors to global climate change, both via direct and indirect means. This has resulted in a heightened emphasis and demand from stakeholders for the implementation of Sustainability Principles on a worldwide scale. This study presents a methodology that utilises the various dimensions of Sustainable Finance through the concept of Triple Bottom Line to determine the factors influencing the Sustainability Performance of Financial Institutions. The suggested approach is grounded and supported by the current body of literature. The study presents a hypothesis to investigate the correlation between factors of Green Finance Practices and Sustainability Performance of Banking Sector. The suggested framework can be utilised by regulatory bodies and individual financial institution of a country to identify the elements that influence the Sustainability Performance of Banking Sector.

This study investigates the effect of dividend policy on firm performance and value in the Korean market, taking into account the unique context of Chaebol ownership structures. Analyzing 5,478 observations from the Korean Composite Stock Price Index, the research employs multiple regression models to explore the effects of various dividend policy measures under alignment and entrenchment theories. The key findings reveal significant impacts of cash dividend payment on firm value, while dividend yield and dividend policy exhibit varying associations. In the Chaebol and non-Chaebol context, mixed results suggest complex interactions between dividend policy and business outcomes. Policy recommendations emphasize transparent communication about dividend policy to mitigate information asymmetry and enhance corporate governance in the Korean market.

(1) Background: Our paper aimed to examine the ways in which the care centers for the elderly acted and adapted during the pandemic period, by taking into account the opinions of the beneficiaries, of the employees and of the managers of those centers. (2) Methods: in order to conduct the research we used a mixed-method approach. Considering the quantitative research, we applied a questionnaire to 430 institutionalized elderly from Timis county, Romania. Considering the qualitative analysis, we conducted interviews with 31 institutionalized elderly, with 7 employees and 4 managers. (3) Results: most institutionalized elderly were mainly satisfied with their life in the care centers, the main difficulties they had were: the impossibility of being close to loved ones, and the difficulty of adapting to the living conditions within the center, and the elderly were satisfied with the interactions they had with the staff of the care centers. (4) Conclusions: the research conducted provides a view on the lifestyle of the elderly from care centers during the pandemic, it highlights the struggles of the elderly and it can be used as a point of reference for the further improvement of the lifestyle of the elderly within the care centers.

The rapid development of China's economy has led to a rapid increase in energy production and use. Among them, the excessive consumption of coal in fossil energy consumption is the leading cause of air pollution in China. This paper incorporates renewable energy innovation, fossil energy consumption and air pollution into a unified analysis framework, and uses spatial measurement models to investigate the spatial effects of renewable energy green innovation and fossil energy consumption on air pollution in China, and decomposes the total impact into direct and indirect effects. influences. The empirical results show that China's air pollution, renewable energy green innovation and fossil energy consumption are extremely uneven in geographical space, generally showing the characteristics of high in the east and low in the west, and showing a strong spatial aggregation phenomenon. Fossil energy consumption will lead to increased air pollution, and the replacement of fossil fuels with clean and renewable energy is an important means of controlling pollution emissions. The direct and indirect effects of renewable energy green innovation on air pollution are significantly negative, indicating that renewable energy green innovation not only suppresses local air pollution, but also suppresses air pollution in neighboring areas. The consumption of fossil energy will significantly increase the local air pollution, and the impact on the SO2 and Dust&Smoke pollution in the adjacent area is not very obvious. It is recommended to strengthen investment in renewable energy green innovation, reduce the proportion of traditional fossil energy consumption, and pay attention to the spatial connection and spillover of renewable energy green innovation.

This study aims to identify the factors determining the income of forestry household in South Korea. We examine an empirical analysis using 3-year panel data conducted by the Korea Forest Service charged with maintaining South Korea's forest lands. The hypothesized factors determining the income of forestry household are classified into four types of assets and three types of livelihood strategies. We divided the income of forestry household (IFH) into three elements: forestry income (FI), non-forestry income (NFI), and transfer income (TI). We assessed the influences of household assets and livelihood strategies on each income. A random effect model was used as a statistical analysis with valid 979 of forestry household for three years. We found that household head's age, labor hours, savings, business category, cultivated land size, and region are significantly associated with IFH. Also, FI is influenced by labor capacity, cultivated size, business category, forestry business portfolio, and region while NFI is determined by household head's age, household head's gender, forestry business portfolio, and savings. TI is affected by household head's age, household head's education level, forestry business portfolios, savings, and region. The effect sizes and directions vary across different types of income (IFH, FI, NFI, and TI). The findings show that forestry in South Korea is highly dependent on sustainable assets and strategies. It is therefore expected that the effectiveness of forest policies to increase the income of forestry household would be differed by the source of each income. The results of this study draw attention to the need for an income support policy that should consider the characteristics of household assets and livelihood strategies in order to enhance IFH in South Korea.

This paper presents a thorough investigation into the shear strength capacity of reinforced concrete deep beams, with a focus on improving predictive accuracy beyond existing code provisions. Analyzing 198 deep beams from 15 investigations, the study considers parameters such as concrete compressive strength (fc’), shear span to effective depth ratio (av/d), and reinforcement ratios (ρs, ρv, ρh ). Introducing a novel predictive model (Equation 7), the study rigorously evaluates it using nonlinear regression analysis and statistical metrics (MAE, RMSE, R2). The proposed model demonstrates a significant reduction in the coefficient of variation (COV) to 27.08%, surpassing existing codes' limitations. Comparative analyses highlight the model's robustness, revealing improved convergence of data points and minimal sensitivity to variations in key parameters. The findings suggest that the proposed model offers enhanced predictive accuracy across diverse scenarios, making it a valuable tool for structural engineers. This research contributes to advancing the understanding of shear strength in reinforced concrete deep beams, offering a reliable and versatile predictive model with implications for refining design methodologies and enhancing the safety and efficiency of structural systems.

The study focuses on the application of R programming language towards marine geological research with a case study of Mariana Trench. Due to its logical and straightforward syntax, multi-functional standard libraries, R is especially attractive to the geologists for the scientific computing. Using R libraries, the unevenness of various factors affecting Mariana Trench geomorphic structure has been studied. These include sediment thickness, slope steepness, angle aspect, depth at the basement and magmatism of the nearby areas. Methods includes using following R libraries: {ggplot2} for regression analysis, Kernel density curves, compositional charts; {ggalt} for Dumbbell charts for data comparison by tectonic plates, ranking dot plots for correlation analysis; {vcd} for mosaic plots, silhouette plots for compositional similarities among the bathymetric profiles, association plots; {car} for ANOVA. Bathymetric GIS data processing was dome in QGIS and LaTeX. The innovativeness of the work consists in the multi-disciplinary approach combining GIS analysis and statistical methods of R which contributes towards studies of ocean trenches, aimed at geospatial analysis of big data.

Economic theory states that incineration and landfill taxes can be a good policy to reduce environmental impacts of these activities by reducing their importance and associated pollutants, while stimulating reuse and recycling of materials. In this research we assess the economic and environmental effects of these taxes in Spain with the use of a detailed dynamic CGE model, under different scenarios. We focus the economic impact on GDP and sectorial production, and the environmental impact on different impact categories: global warming potential, marine eutrophication potential, photochemical ozone formation potential, particulate matter, human toxicity (cancer and non-cancer), ecotoxicity, and depletion of fossil resources). We find in all scenarios that these taxes have a limited economic impact, while reduce all of the environmental impact categories analyzed.

As the largest energy consumer and carbon emitter, China has made substantial efforts to improve energy efficiency for decrease energy consumption, while the energy rebound effect determines its effectiveness. The embodied energy consumption of construction projects accounted for nearly one-sixth of the total economy's energy consumption in China. This paper is based on the logical relationship among capital input, technological progress, economic growth, and energy consumption, adapting an alternative estimation model to estimate the energy rebound effect for the construction industry in China for the first time. Empirical results in our paper reveal that the energy rebound effect for the construction industry in China is about 59.5% for the period of 1990–2014. The results indicate that the energy rebound effect does exist in China’s construction industry and it presented a fluctuating declining trend. This implies that half of the energy savings by technological progress is achieved. In addition, China’s government should implement proper energy pricing reforms and energy taxes to promote the sustainable development of China’s construction industry.

[Introduction]: In the contemporary international financial environment, marked by intricate complexities and increasing uncertainties, the impact of exchange rate fluctuations on national economies has become increasingly significant. In this context, this study uses the Chinese economy as a case study to delve deeply into the interaction effects between macroprudential and monetary policies, analyzing how these policies jointly address economic instability. The aim is to offer new perspectives and strategies for stabilizing the global economic and financial landscape. [Methods]: This paper constructs an open-economy Dynamic Stochastic General Equilibrium (DSGE) model specifically tailored for China, incorporating Bayesian estimation and numerical simulation techniques. The study meticulously examines how macroprudential and monetary policies can be coordinated to achieve economic stability in response to exchange rate shocks. [Results]: The research finds that (1) targeted coordination of macroprudential and monetary policies towards asset prices and price levels can maintain stability under exchange rate shocks; (2) the effective implementation of such coordinated policies not only mitigates the fluctuations in asset prices due to exchange rate shocks but also enhances the level of societal welfare; (3) in terms of choosing an exchange rate regime, a managed floating rate system can prevent policy overlaps and conflicts that might occur in a floating rate system during the coordination of macroprudential and monetary policies, thus offering comparative advantages. [Discussion]: The findings underscore the importance of policy integration in a dynamic and complex global economic environment. They provide policy recommendations for China and other emerging market countries on how to effectively maintain economic stability through the synergistic interplay of macroprudential and monetary policies amid fluctuations in exchange rates and asset prices.

Computer and Smart Device-assisted Learning (CSDL) has gained increasing attention from educational researchers and practitioners in recent years. However, it remains controversial whether student can benefit from CSDL and what moderator could affect the impact of CSDL. Within the specific context of Korea, where the interest in digital education is steadily increasing, the number of empirical studies exploring the causal effect of CSDL remains relatively scarce. The primary objective of this empirical study was to investigate the impact of CSDL on students' academic achievement in Korea. To achieve this objective, a two-way fixed effect model was employed, utilizing a panel dataset spanning three years derived from the 'Korean Education Longitudinal Study 2013'. The findings revealed a significant positive impact of CSDL on students’ Mathematics achievement. Notably, higher income levels, increased availability of computer resources provided by schools, and the implementation of more individualized education were identified as factors that moderate the effect of CSDL on students' achievement levels in Korean and English subjects. These findings underscore the need for an approach that optimizes the educational benefits of CSDL by considering subject-specific characteristics. Furthermore, this study highlights the importance of allocating educational resources, such as computers and smart devices, and integrating individualized educational activities within the classroom environment.

The ever deepening population aging has brought opportunities and challenges to the continued expansion of tourism consumption in China. In this article, the impact of population aging on household tourism consumption was studied from both theoretical and empirical aspects. First, the micro mechanisms of the impact of population aging on household tourism consumption were analyzed, which include economic condition mechanism, intergenerational care mechanism, health status mechanism and Internet use mechanism. Subsequently, the impact of population aging on household tourism consumption and its impact mechanisms were tested, and the heterogeneity analysis was conducted, by using the data of China Family Panel Studies (CFPS) from 2014, 2016 and 2018. The main conclusions of the article are as follows: (1) Population aging has a significant negative impact on household tourism consumption, and a series of robustness test results such as endogenous treatment support this finding. (2) The results of the impact mechanism test show that population aging has a negative mediating effect on household tourism consumption by reducing household economic conditions. The moderating effect of intergenerational care on the effect of population aging on household tourism consumption is insignificant. Health status of the elderly and Internet use have a significant positive moderating effect on the impact of population aging on household tourism consumption. (3) The results of the heterogeneity analysis show that the negative impact of population aging on household tourism consumption in urban areas is greater than that in rural areas, and the negative impact of population aging on household tourism consumption of families with the old-old elderly is greater than that of falimies with the young-old elderly. The conclusions of this article provide important references for activating tourism consumption in China in the context of population aging.

Results from a behavioral economic laboratory experiment are used to enhance our understanding of public health decisions made during the COVID-19 pandemic. The identification of systematic biases from optimal decision theory found in controlled experiments could help inform public policy design for future public health crises. The laboratory and the shelter-in-place decisions made during COVID-19 included elements of risk, uncertainty and ambiguity. The lab findings found individuals adopt different decision rules depending on both personal attributes and on the context and environment in which the decision task is conducted. Key observations to consider in the context of the COVID-19 decision environment include the importance of past experience, the ability to understand and calculate the odds of each action, the size and differences in economic payoffs given the choice, the value of information received, and how past statistical independent outcomes influence future decisions. The academic space encompassing both public health and behavioral economics is small, yet important, particularly in the current crisis. The objective of continued research in this area would be to develop a more representative model of decision-making processes, particularly during crisis, that would serve to enhance future public health policy design.

Interpretation of increased gain in the bovine animals is difficult to be validated due to inherent genetic variation to meet their requirement for energy and protein, and those may relate to the bull species, e.g., Thai swamp buffalo. Therein, the study aimed at investigating and predicting protein requirement systems, with providing abundant energy intake 2.20 Mcal/kg DM for maintenance and growth of Thai swamp buffaloes using the comparative prolonged feeding trial for 90 days. Sixteen bull Thai swamp buffaloes at the initial (Age: 18-24 months; BW: 233 ± 25.0 kg) were as-signed into four treatment groups, four buffaloes each, fed 5.42, 6.96, 8.94, and 10.71% DM crude protein (CP). CP intake, BW, and physiological fluid were determined. The net CP requirements for maintenance and growth of Thai swamp buffaloes were 5.41 g CP/kg W0.75 and 0.46 g CP/g average daily gain (ADG), respectively. Our results indicated that CP requirement increases, when BW increases. An increased dietary CP resulted in an increased number at blood urine nitrogen (N), N absorption, total volatile fatty acid, urinary purine derivative, and the microbial N. Notably, the net CP requirement for growth of Thai swamp buffalo was higher than it reported in NRC, but the maintenance was lower.

Hand tracking enables controller-free interaction with virtual environments, which can, compared to traditional handheld controllers, make virtual reality (VR) experiences more natural and immersive. As naturalness hinges on both technological and user-based features, fine-tuning the former while assessing the latter can be used to increase usability. For a grab-and-place use case in immersive VR, we compared a prototype of a camera-based hand tracking interface (Leap Motion) with customized design elements to the standard Leap Motion application programming interface (API) and a traditional controller solution (Oculus Touch). Usability was tested in 32 young healthy participants, whose performance was analyzed in terms of accuracy, speed and errors as well as subjective experience. We found higher performance and overall usability as well as overall preference for the handheld controller compared to both controller-free solutions. While most measures did not differ between the two controller-free solutions, the modifications made to the Leap API to form our prototype led to a significant decrease in accidental drops. Our results do not support the assumption of higher naturalness for hand tracking but suggest design elements to improve the robustness of controller-free object interaction in a grab-and-place scenario.

The research aims to examine the extent to which the perceived organizational support (POS) predicted career related self and environmental exploration via the mediation effect of career adaptability. Multi-group comparisons based on the gender, majors and places of origin were also performed to evaluate the differences among these variables. An internet survey was conducted to collect empirical data from 611 Chinese undergraduates. Structural equation modeling (SEM) was conducted to demonstrate the proposed relations in the model and multiple group analysis. Clearly supported was the direct relations between POS and career related self and environmental exploration and the mediation effect of career adaptability. The results also showed that gender and major are the moderating variables for the proposed model, and no significance difference among the rural and urban subgroups was found. POS could be effectively delivered to students in general, marginalized social groups, such as females and those majored in the humanities and social sciences in particular. Four dimensions of career adaptability (concern, control, curiosity and confidence) could also be targeted at in order to promote students’ sustainable employment. The findings provide a better understanding of the career construction model by incorporating the contextual factor in a collective cultural environment.

Chinese investors are easily affected by hot topics on the media and Internet and likely take irrational behavior. They tend to consume rationally and invest emotionally. This research aims to analyze the Baidu index’s effect on share price of solar power industry in China. Three main models are established to identify the correlation between Baidu index and stock price of solar industry. The media index and searching index of Baidu are chosen as an independent variable to measure the influence from media and Internet, and stock price as the dependent variable. To improve and complete the analysis, Hexun index is taken into consideration as mediator variable. This study applied Multiple Linear Regression Model and VAR (Vector auto-regression) Model. The research mainly uses the tools of SPSS, Eviews and Excel to conduct data analysis. The test is based on the theories of Granger Causality, unit root test, F-test, and t-test. The research proves the relationship between the close price of stock and Baidu index, and it also created a model for further forecasting.

Microfinance banks and Institutions must simultaneously provide micro financial loans to unprivileged and poor people as well as self-sustaining, which means covering enough costs to eliminate the need for subsidies. To ascertain if Micro-finance Institutions can successfully navigate the double challenge of financial self-sustainability (FSS) as well as outreach to poor clientele and women borrowers i.e. outreach. There is no other alternative but to analyse the balance between FSS and outreach indicators of MFIs. The research goal is to see whether there was any compromise between the self-sustainability and outreach towards poor and female customers. The study used data of 100 MFIs driven from the database of microfinance information’s exchange (MIX) market with the objective to determine trade off between financial sustainability and outreach. The study found financial performance variables are positively and significantly related with average loans size which shows a mission drift, in which MFIs serve wealthy clientele. However, Indian MFIs have a extremely high outreach with their female clientele, confirming MFI's social commitment to objective of women’s empowerment. The research recommends to the Policy-makers that MFIs are compromising their financial services to underprivileged people and women in order to be financially sustainable. To guarantee that institutions are focused on outreach to underserved people in rural areas, the government should reform the policies regarding governing MFIs.

The present study aims to examine the role the social and digital infrastructures might have during the building process of the Smart Regions in the Italian context. Within this framework, it is possible to identify some essential research questions, such as why the same regions are growing faster than the other and which type of effects could be generated from the different connectivity between the regions. Since the Smart Region concept is still composed of technical reports, pilot projects and experiences from a limited number of cities on the international stage, this work it is tried to use a new approach, applying either a neuronal model, the Self-Organizing Maps, and the multivariate regression approach, to extrapolate the existence of possible future conditions for the rising of Smart Regions in Italy, studying the evolution of the used database during the period 2005 – 2016. From the analysis what emerged is that the only bridging social capital dimension, empirically speaking, feed the regional innovation growth because the structure of social relationship facilitates interactions across social, political and economic agents; but there are institutional deficits, most pronounced in Italy and other European countries.